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.

81.22 2.15 +2.72%
Market cap
$79.5B
P/E
22.3×
Fwd P/E
13.6×
Dividend yield
3.99%
F-score
6/9
Altman Z
1.39
Beneish M
−2.66
Dividend safety
20/100

National Grid Transco, PLC (NGG) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, National Grid Transco, PLC (NGG) trades at a P/E ratio of 22.3×. Over the past ten years it has ranged from 3.2× (March 2015) to 347× (March 2019); the current reading is higher than 58% of that period. That is above the Utilities Regulated Electric industry median of 19.5× and above the Utilities sector median of 20.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2026 23.2× 28.94%
FY2025 18.0× (3.27%)
FY2024 18.6× (5.77%)
FY2023 19.7× (62.11%)
FY2022 52.1× (6.79%)
FY2021 55.9× (0.69%)
FY2020 56.3× (40.21%)
FY2019 94.2× 1,557.63%
FY2018 5.7× 16.21%
FY2017 4.9× 5.03%

Quarterly newest first

Period P/E ratio Change
Sep 2023 16.0× (19.13%)
Mar 2023 19.7× (37.51%)
Sep 2022 31.6× (39.36%)
Mar 2022 52.1× (3.91%)
7 more quarters

Against its own ten years

Low 3.2× High 347×
Ten-year median 19.8×
Current reading's percentile 54

P/E ratio against peers

Company P/E ratio
EXC Exelon Corporation compare 15.9×
DUK Duke Energy Corporation compare 18.2×
ED Consolidated Edison Inc compare 18.4×
XEL Xcel Energy Inc. compare 20.8×
AEP American Electric Power Company, Inc. compare 21.8×
SO Southern Company (The) compare 21.9×
D Dominion Energy Inc. compare 22.2×
NGG National Grid Transco, PLC 22.3×
ETR Entergy Corporation compare 26.5×
Utilities Regulated Electric industry median 19.5×
Utilities sector median 20.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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