National Grid Transco, PLC

NGG Utilities Utilities Regulated Electric

National Grid Transco, PLC’s revenue for fiscal 2026 (year ended March 2026) was $23.7 billion, up 1.11% from fiscal 2025.

85.85 0.63 +0.74%
Market cap
$86.4B
P/E
23.5×
Fwd P/E
13.9×
Dividend yield
3.77%
F-score
6/9
Altman Z
1.39
Beneish M
−2.66
Dividend safety
20/100

National Grid Transco, PLC (NGG) Current ratio

Alert me on Current ratio

National Grid Transco, PLC's current ratio at the end of the quarter to 31 March 2026 was 0.8×. Over the past ten years it has ranged from 0.7× (fiscal 2020) to 1.3× (fiscal 2025); the current reading is higher than 25% of that period. That is below the Utilities Regulated Electric industry median of 0.9× and below the Utilities sector median of 0.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2026 0.8× (43.38%)
FY2025 1.3× 48.07%
FY2024 0.9× (9.22%)
FY2023 1.0× 38.43%
FY2022 0.7× (31.64%)
FY2021 1.1× 56.60%
FY2020 0.7× (22.17%)
FY2019 0.9× 13.30%
FY2018 0.8× (40.51%)
FY2017 1.3× 57.97%

Quarterly newest first

Period Current ratio Change
Mar 2026 0.8× (21.39%)
Sep 2025 1.0× (27.98%)
Mar 2025 1.3× (16.14%)
Sep 2024 1.6× 76.58%
19 more quarters

Against its own ten years

Low 0.7× High 1.3×
Ten-year median 0.8×
Current reading's percentile 25

Current ratio against peers

Company Current ratio
ETR Entergy Corporation compare 1.2×
ED Consolidated Edison Inc compare 1.2×
EXC Exelon Corporation compare 1.0×
D Dominion Energy Inc. compare 0.9×
SO Southern Company (The) compare 0.8×
NGG National Grid Transco, PLC 0.8×
XEL Xcel Energy Inc. compare 0.7×
DUK Duke Energy Corporation compare 0.7×
AEP American Electric Power Company, Inc. compare 0.5×
Utilities Regulated Electric industry median 0.9×
Utilities sector median 0.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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