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National Grid plc (NGG)
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN
US6362744095
CUSIP
636274409
Sector
Utilities
IPO Date
Oct 7, 1999

Highlights

Market Cap
$83.75B
Enterprise Value
$132.41B
EPS (TTM)
$4.66
PE Ratio
18.17
PEG Ratio
0.50
Total Revenue (TTM)
$36.25B
Gross Profit (TTM)
$9.82B
EBITDA (TTM)
$12.97B
Year Range
$62.13 - $94.64
Target Price
$85.50
ROA (TTM)
4.44%
ROE (TTM)
12.40%

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in National Grid plc, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

National Grid plc (NGG) has returned 9.37% so far this year and 34.59% over the past 12 months. Over the last ten years, NGG has returned 7.77% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


National Grid plc

1D
1.09%
1M
-9.78%
YTD
9.37%
6M
18.08%
1Y
34.59%
3Y*
15.65%
5Y*
14.22%
10Y*
7.77%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 2, 2001, NGG's average daily return is +0.04%, while the average monthly return is +0.83%. At this rate, your investment would double in approximately 7.0 years.

Historically, 60% of months were positive and 40% were negative. The best month was May 2009 with a return of +16.7%, while the worst month was Sep 2022 at -18.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 8 months.

On a daily basis, NGG closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +22.2%, while the worst single day was May 23, 2024 at -14.3%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
202610.24%9.97%-9.78%9.37%
20253.33%1.19%5.60%11.26%0.64%4.23%-5.40%0.26%2.98%3.55%2.58%1.63%35.88%
2024-0.68%-1.29%2.34%-2.30%-7.61%2.53%13.47%3.34%4.61%-8.73%1.79%-6.69%-1.26%
20235.72%-1.35%8.08%5.38%-3.21%0.49%0.07%-6.19%-4.08%-0.79%11.77%3.00%18.82%
20221.20%3.27%1.71%-3.53%0.30%-10.48%7.61%-9.22%-18.45%6.00%14.71%-2.08%-12.68%
2021-1.61%-3.77%5.99%6.31%6.18%-1.07%0.59%0.89%-8.11%7.46%3.11%11.41%29.02%

Benchmark Metrics

National Grid plc has an annualized alpha of 6.29%, beta of 0.59, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since January 03, 2001.

  • This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (62.87%) than losses (50.23%) — typical of diversified or defensive assets.
  • Beta of 0.59 may look defensive, but with R² of 0.23 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
  • R² of 0.23 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.29%
Beta
0.59
0.23
Upside Capture
62.87%
Downside Capture
50.23%

Return for Risk

Risk / Return Rank

NGG ranks 82 for risk / return — in the top 82% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


NGG Risk / Return Rank: 8282
Overall Rank
NGG Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
NGG Sortino Ratio Rank: 7878
Sortino Ratio Rank
NGG Omega Ratio Rank: 8080
Omega Ratio Rank
NGG Calmar Ratio Rank: 8383
Calmar Ratio Rank
NGG Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for National Grid plc (NGG) and compare them to a chosen benchmark (S&P 500 Index).


NGGBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.54

0.90

+0.65

Sortino ratio

Return per unit of downside risk

2.01

1.39

+0.63

Omega ratio

Gain probability vs. loss probability

1.29

1.21

+0.08

Calmar ratio

Return relative to maximum drawdown

2.71

1.40

+1.31

Martin ratio

Return relative to average drawdown

8.94

6.61

+2.34

Explore NGG risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

National Grid plc provided a 3.69% dividend yield over the last twelve months, with an annual payout of $3.12 per share.


4.00%6.00%8.00%10.00%12.00%14.00%$0.00$2.00$4.00$6.00$8.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$3.12$3.12$7.02$3.54$3.12$3.44$3.14$3.09$3.12$8.79$3.23$3.59

Dividend yield

3.69%4.03%11.81%5.20%5.18%4.75%5.32%4.94%6.51%14.95%5.07%4.73%

Monthly Dividends

The table displays the monthly dividend distributions for National Grid plc. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$2.05$0.00$0.00$0.00$0.00$0.00$1.07$0.00$3.12
2024$0.00$0.00$0.00$0.00$3.51$2.49$0.00$0.00$0.00$0.00$1.02$0.00$7.02
2023$0.00$0.00$0.00$0.00$0.00$2.35$0.00$0.00$0.00$0.00$1.19$0.00$3.54
2022$0.00$0.00$0.00$0.00$0.00$2.09$0.00$0.00$0.00$0.00$1.03$0.00$3.12
2021$0.00$0.00$0.00$0.00$0.00$2.28$0.00$0.00$0.00$0.00$0.00$1.16$3.44

Dividend Yield & Payout


Dividend Yield

National Grid plc has a dividend yield of 3.69%, which is quite average when compared to the overall market.

Payout Ratio

National Grid plc has a payout ratio of 59.75%, which is quite average when compared to the overall market. This suggests that National Grid plc strikes a balance between reinvesting profits for growth and paying dividends to shareholders.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the National Grid plc. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the National Grid plc was 54.85%, occurring on Mar 30, 2009. Recovery took 1008 trading sessions.

The current National Grid plc drawdown is 9.93%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-54.85%Dec 11, 2007327Mar 30, 20091008Apr 2, 20131335
-39.2%Apr 7, 2022130Oct 12, 2022399May 15, 2024529
-34.04%Feb 24, 202021Mar 23, 2020285May 10, 2021306
-31.5%Feb 15, 2001154Oct 1, 2001605Feb 27, 2004759
-31.39%May 22, 2017398Dec 18, 2018273Jan 21, 2020671

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of National Grid plc over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how National Grid plc is priced in the market compared to other companies in the Utilities - Regulated Electric industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for NGG, comparing it with other companies in the Utilities - Regulated Electric industry. Currently, NGG has a P/E ratio of 18.2. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for NGG compared to other companies in the Utilities - Regulated Electric industry. NGG currently has a PEG ratio of 0.5. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for NGG relative to other companies in the Utilities - Regulated Electric industry. Currently, NGG has a P/S ratio of 2.3. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for NGG in comparison with other companies in the Utilities - Regulated Electric industry. Currently, NGG has a P/B value of 2.3. This P/B ratio is higher than most companies in the industry. It may suggest the stock is overvalued or that investors expect the company to generate high returns on its assets.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items