National Grid plc Share Price and Company Fundamentals
Last traded: Yesterday at 3:48 PM
National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. It also engages in the provision of transmission services through electricity interconnectors and LNG importation at the Isle of Grain; sale of renewables projects; and leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
Key Metrics
PE ratio
15.55
PB ratio
1.44
Dividend yield
0.05%
Beta
0.13
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Utilities—Regulated Electric / Utilities |
|---|---|
| Full time employees | 29292 |
| Website | https://www.nationalgrid.com |
| Mailing address | 1-3 Strand London WC2N 5EH United Kingdom |
| Phone / Fax | 44 20 7004 3000 / 44 20 7004 3004 |
Dividends
Dividend yield
0.05%
Dividend amount
£0.51
Payout ratio
81.87%
5Y Avg. yield
5.29%
National Grid plc paid £0.51 dividend and the ex-dividend date was 01 June 2022.The dividend payout ratio is 81.87%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NG dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
NG's forward dividend amount is £0.51 and the forward dividend yield is 5.47%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Oct 2022, following are the company executives and directors listed on National Grid plc.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. John Pettigrew FEI, FIET | CEO & Exec. Director | 52 | 2.51M |
| Mr. Andrew J. Agg | CFO & Exec. Director | 51 | 1.54M |
| Ms. Lisa M. Lambert | Sr. VP and Chief Technology & Innovation Officer | 53 | |
| Ms. Adriana Karaboutis | Group Chief Information & Digital Officer | 58 | |
| Mr. Nicholas James Ashworth C.F.A. | Director of Investor Relations | ||
| Ms. Justine Campbell | Group Gen. Counsel & Company Sec. | 50 | |
| Mr. William Serle | Chief People & Culture Officer | ||
| Ms. Megan Barnes | Head of Company Secretariat | ||
| Mr. Ross Turrini | Chief Gas Engineer and Sr. VP of US Gas Engineering & Process | ||
| Mr. Jonathan Butterworth M.B.E., M.Sc. | Pres of UK Gas Transmission |
Profitability and management effectiveness
Profit margin
12.75%
Operating margin
22.79%
Return on assets
3.24%
Return on equity
9.99%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of National Grid plc is and its enterprise value is .
The NG's stocks Beta value is 0.13 making it 87% less volatile compared to LSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
National Grid plc (LSE:NG) Frequently Asked Questions
1. What is National Grid plc's Stock Symbol?
National Grid plc trades on LSE under the ticker symbol "NG".
2. What is National Grid plc's stock price today?
One share of NG stock can currently be purchased for approximately £931.
3. How can I contact National Grid plc?
National Grid plc's mailing address is 1-3 Strand London WC2N 5EH United Kingdom. The company can be reached via phone at 44 20 7004 3000.
4. What is National Grid plc's official website?
The official website of National Grid plc is https://www.nationalgrid.com.