National Grid PLC (NMPWP) stock
Close on Oct 19, 2026Market cap $58.23BP/E 12.8Yield –
National Grid PLC saw revenue fall 3.8% to £17.69B over fiscal 2026. Operating income rose 10.1% to £5.43B, moving the operating margin from 26.8% to 30.7%. At the latest close the market valued the company at £43.54B, 12.8 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over fiscal 2026, balances at Mar 31, 2026
Valuation
- Market cap
- £43.54B
- P/E ratio
- 12.8
- Price to sales
- 2.46
- Price to book
- 1.11
- Dividend yield
- –
- Free cash flow yield
- –
Fundamentals
- Revenue
- £17.69B
- Net income
- £3.24B
- EPS, diluted
- 0.65 GBP
Trading
- Previous close
- $52.30
- Open
- $56.00
- Day's range
- $56.00 – $56.00
- Volume
- 200
- Beta (5 years)
- 0.40
- RSI (14 days)
- 68.5
- Volatility (1 year)
- 22.1%
- Relative volume
- 0.76×
- WACC
- 6.0%
Market cap history
Month-end market cap since 2016, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Oct 19, 2026. The S&P 500 is measured by the SPY fund.
| Period | NMPWP | S&P 500 | Difference | NMPWP per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +1.8% | +0.6% | +1.2 pts | ||
| 3 months | +1.6% | +3.4% | −1.8 pts | ||
| Year to date | +3.3% | +13.3% | −9.9 pts | ||
| 1 year | +4.2% | +16.6% | −12.4 pts | ||
| 3 years | +3.1% | +86.4% | −83.3 pts | +1.0% | +23.1% |
| 5 years | -10.4% | +81.9% | −92.2 pts | -2.2% | +12.7% |
| 10 years | +1.2% | +318.9% | −317.6 pts | +0.1% | +15.4% |
Eleven years at a glance
Fiscal years 2016 to 2026, GBP
Revenue
Operating income
Net income
EPS, diluted
Press releases
Releases National Grid filed with the SEC as exhibits to Form 8-K or 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
- 6-K
About National Grid
Natural Gas Transmission
National Grid operates energy infrastructure networks delivering electricity and gas. Its principal activities include electricity transmission and distribution, energy system operation, power generation, and liquefied natural gas storage and regasification. The company organizes its business across several core reporting segments: UK Electricity Transmission, UK Electricity Distribution, New England, New York, and National Grid Ventures, alongside system operator and legacy gas transmission activities. Through these segments, the enterprise serves residential consumers, commercial and industrial enterprises, power generators, and interconnected utility networks requiring grid access, distribution capacity, and transmission services.
Company profile, executives and historyNational Grid stock: common questions
What is National Grid's stock price?
NMPWP closed at $56.00 on Oct 19, 2026, up 7.07% on the day.
What is National Grid's market cap?
National Grid was worth $58.23B at the close on Oct 19, 2026: the share price times the diluted shares outstanding.
What is NMPWP's P/E ratio?
NMPWP trades at 12.8 times earnings, based on diluted earnings per share of 0.65 GBP over fiscal 2026.
How much revenue does National Grid make?
National Grid reported revenue of £17.69B for fiscal 2026, down 3.8% from a year earlier.
Does National Grid pay a dividend?
No. National Grid has not paid a cash dividend over the last twelve months.
How has NMPWP stock performed over the past year?
Including dividends, NMPWP returned +4.2% over the past year, against +16.6% for the S&P 500.
Who are National Grid's competitors?
Companies most similar to National Grid by business, industry and size include TRP, KMI, TRGP, WMB, EPD.