National Grid plc Share Price and Company Fundamentals
Last traded: Today at 3:35 PM
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,212 kilometers of overhead lines; 2,239 kilometers of underground cables; and 347 substations in England and Wales, as well as Scottish electricity transmission systems. The UK Gas Transmission segment owns and operates gas transmission systems that include approximately 7,630 kilometres of high-pressure pipes; and 24 compressor stations connecting to 8 distribution networks in Great Britain, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,659 kilometres of overhead lines, 169 kilometres of underground cables, and 396 transmission substations; an electricity distribution network of approximately 117,488 circuit kilometres and 730 distribution substations; a network of approximately 57,425 kilometres of gas pipeline; and approximately 801 kilometres of gas transmission pipes. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as property development and insurance activities in the United Kingdom and United States. The company was founded in 1990 and is headquartered in London, the United Kingdom.
Key Metrics
PE ratio
22.28
PB ratio
178.54
Dividend yield
0.05%
Beta
0.03
Market cap
£33.1B
Enterprise value
£64.17B
Company profile
| Industry / Sector | Utilities—Regulated Electric / Utilities |
|---|---|
| Full time employees | 23069 |
| Website | http://www.nationalgridet.com |
| Mailing address | 1-3 Strand London WC2N 5EH United Kingdom |
| Phone / Fax | 44 20 7004 3000 / |
Dividends
Dividend yield
0.05%
Dividend amount
£0.49
Payout ratio
114.55%
5Y Avg. yield
5.17%
National Grid plc paid £0.49 dividend and the ex-dividend date was 26 Nov 2020.The dividend payout ratio is 114.55%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NG dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
NG's forward dividend amount is £0.49 and the forward dividend yield is 5.23%. 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 May 2021, following are the company executives and directors listed on National Grid plc.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. John Pettigrew | CEO & Exec. Director | 51 | 2.33M |
| Mr. Andrew J. Agg | CFO & Exec. Director | 50 | 1.26M |
| Ms. Lucy Nicola Shaw CBE, B.A, MST CBE | Pres of UK Networks & Exec. Director | 51 | 1.12M |
| Kwok Liu | Deputy Treasurer, Funding & Investment | ||
| Ms. Lisa M. Lambert | Sr. VP and Chief Technology & Innovation Officer | 52 | |
| Ms. Adriana Karaboutis | Group Chief Information & Digital Officer | 57 | |
| Mr. Nicholas James Ashworth C.F.A., CFA | Director of Investor Relations | ||
| Ms. Justine Campbell | Group Gen. Counsel & Company Sec. | 49 | |
| Mr. Andy Doyle | Chief People & Culture Officer | 53 | |
| Ms. Alison H. Kay | Interim Chief Strategy & External Affairs Officer | 56 |
Profitability and management effectiveness
Profit margin
9.96%
Operating margin
22.34%
Return on assets
3.13%
Return on equity
7.97%
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 33.1B and its enterprise value is 64.17B. The enterprise value to revenue ratio of NG is 4.34.
The NG's stocks Beta value is 0.03 making it 97% 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 £931.1.
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 http://www.nationalgridet.com.