National Grid plc Company Overview and Performance

National Grid plc is a leading energy company that operates in the UK and the US. It was founded in 1990 and is listed on the London Stock Exchange.

The company is responsible for delivering electricity and gas to millions of customers across its operating territories. Its primary focus is on maintaining a reliable and efficient energy supply.

National Grid's network spans over 1,500 miles in the UK, making it one of the largest electricity transmission networks in the world. The company's infrastructure is a vital part of the UK's energy landscape.

National Grid's performance is measured by its ability to deliver energy to customers while minimizing disruptions and maintaining a high level of reliability.

Recommended read: National Grid Ticker Symbol

National Grid plc has a significant history of major events that have shaped the company into what it is today. In 2025, the company underwent a major divestiture, selling the Isle of Grain liquefied natural gas terminal in the UK to Centrica and Energy Capital Partners for GBP1.5 billion.

One notable transaction was the sale of the company's National Grid Renewables business to Brookfield Asset Management and its institutional partners, including Brookfield Renewable Partners, also in 2025. This deal marked a significant shift in the company's focus.

The company also made headlines in 2025 with the selection of Sumitomo Electric for subsea cable installation for the Sea Link HVDC project between Kent and Suffolk. This partnership is expected to play a crucial role in the project's success.

Here's a summary of the major events in 2025:

National Grid plc has a trailing total return of 10/2/2025, which may include dividends or other distributions. The benchmark is FTSE 100 (^FTSE).

The company's balance sheet shows a total cash of $6.93B and a total debt/equity ratio of 128.69% as of the most recent quarter.

National Grid's profitability is evident in its profit margin of 15.79% and return on equity of 8.35%. The company's revenue is a significant $18.38B, with a net income available to common of $2.83B.

Here are some key financial metrics for National Grid plc:

National Grid plc has a number of subsidiary companies, including National Grid Electricity Transmission plc, which owns and maintains the National Grid – the 275kV and 400kV electricity transmission network in England and Wales.

In the past, National Grid operated the electricity transmission networks in England and Wales and Scotland, but this function was moved to a separate subsidiary in 2019 due to rulings by Ofgem. This subsidiary began trading in April 2019.

National Grid also part-owns and operates the 2,000 Megawatt HVDC Cross-Channel interconnector to France, and part-owns the 1,000 Megawatt BritNedHVDC interconnector to the Netherlands.

National Grid has undergone significant expansion and consolidation over the years.

The company's transmission activities were transferred to the National Grid Company plc in 1990, which was owned by the twelve regional electricity companies (RECs) through a holding company, National Grid Group plc.

National Grid has a number of subsidiary companies, including National Grid Electricity Transmission plc, which owns and maintains the National Grid – the 275kV and 400kV electricity transmission network in England and Wales.

Here's an interesting read: Gujarat Energy Transmission Corporation

In 2021, Ofgem called for the creation of a fully independent operator in view of potential conflicts of interest from NG's ownership of the transmission network, and in 2022 the UK government confirmed that a fully independent public body – the Future System Operator, covering electricity and gas – would be established.

National Grid's grid operation division was bought out by the UK government for £630 million, and the transmission system operator functions were transferred to the National Energy System Operator (NESO) in October 2024.

Here are some key dates related to National Grid's expansion and consolidation:

National Grid has a property portfolio that includes land, offices, and depots used for operations that are no longer needed or are rented out to other companies.

One way National Grid is reducing its carbon footprint is by including carbon savings as a factor in its tender process.

The company has issued invitations to tender that take into account the environmental impact of proposed projects.

For example, a recent tender for a sub-station in Wimbledon included a weighting on carbon emissions.

The winning bid from Laing O’Rourke included plans to reduce carbon emissions by 23% and save £3m.

You might like: Are Notes Payable Included in Working Capital

National Grid Plc's digital strategy can be understood by looking at their likely spend across technology areas.

They are investing in metering technology, including meters and meter installation and maintenance services.

Electricity transmission and distribution services are also a priority for them.

Gas distribution is another key area of focus.

Here's a breakdown of their likely spend across these areas:

Energy Storage Projects are crucial for National Grid Plc, as they provide a reliable way to store excess energy generated from renewable sources.

Electrochemical energy storage is a key area of focus, with various technologies such as batteries and fuel cells being explored for their potential to store energy efficiently.

National Grid Plc is also looking into electromechanical energy storage, which involves using mechanical systems to store energy, like pumped hydro storage.

Thermal energy storage is another area of interest, which involves storing energy in the form of heat or cold, often using molten salt or ice.

Hydrogen storage is also being considered, where excess energy is used to produce hydrogen, which can then be stored and used as needed.

Recommended read: National Grid Plc Share Prices

National Grid plc is a regulated utility company that operates in the transmission and distribution of electricity and gas. It was founded in 1990 and is headquartered in London, the United Kingdom.

The company operates through several segments, including UK Electricity Transmission and UK Electricity Distribution. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales.

National Grid plc's New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England.

Explore further: Electricity Companies No Deposit No Credit Check

National Grid formerly owned National Gas, which operated the gas transmission system in Great Britain and gas metering operations in the UK. National Grid disposed of its final 20% holding in National Gas in July 2024.

National Grid's interests in the British gas distribution sector were divested between 2017 and 2019 and now operate under the Cadent Gas brand.

National Gas is now a separate entity from National Grid, with the divestment expected to complete in the first quarter of 2025.

See what others are reading: Quality Management Maturity Grid

National Grid plc is a great example of a regulated electric utility. It was founded in 1990 and is headquartered in London, the United Kingdom.

National Grid plc operates through several segments, including UK Electricity Transmission, UK Electricity Distribution, and New England. These segments provide a range of services, from electricity transmission and distribution to gas supply and distribution.

The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. This is a critical service that ensures the safe and efficient transmission of electricity to homes and businesses.

National Grid plc's New England segment provides electricity and gas supply and distribution, as well as high-voltage electricity transmission services in New England. This shows the company's commitment to providing a comprehensive range of services to its customers.

National Grid plc's UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. This segment is responsible for delivering electricity directly to customers.

National Grid plc's National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. This segment is focused on developing new and innovative ways to transmit electricity.

Additional reading: Transport Asset Manager of New South Wales

National Grid plc operates in the premium industry, which is accessible through a subscription to Explorer.

This industry likely involves working with high-end companies and organizations that require advanced data and analytics.

National Grid Plc premium industry data and analytics can provide valuable insights to these companies.

By subscribing to Explorer, you can access more premium companies and gain a deeper understanding of their operations.

National Grid plc has a market capitalization of $71.17 billion, which is a significant indicator of its size and value. This is a substantial figure, and it's essential to consider it when evaluating the company's overall health.

The company's valuation measures, including its price-to-earnings (P/E) ratio, are also worth noting. As of the last available data, the P/E ratio is 18.13, which may indicate that the company's stock is slightly overvalued.

Here are some key valuation measures for National Grid plc:

Analysts' recommendations for National Grid plc are also worth considering. As of the last available data, several analysts have issued buy ratings, including Haitong International Research, UBS, Jefferies, RBC, and Goldman Sachs.

Valuation is a crucial aspect of investing, and analysts use various measures to determine a company's value. Market capitalization, or Market Cap, is one such measure, and it can give us an idea of a company's size. For example, a company with a Market Cap of 71.17B is considered a large-cap stock.

Enterprise Value, on the other hand, is a more comprehensive measure that includes debt and cash. It's a useful metric for comparing companies with different capital structures. For instance, a company with an Enterprise Value of 125.73B has a significantly higher value than its Market Cap.

The Price-to-Earnings (P/E) ratio is another important valuation metric. It helps us understand how much investors are willing to pay for each dollar of earnings. A lower P/E ratio indicates that a stock is undervalued, while a higher P/E ratio suggests it's overvalued. For example, a company with a Trailing P/E of 18.13 may be considered overvalued compared to its peers.

A unique perspective: Retained Cash Flow / Net Debt

The PEG Ratio is a variation of the P/E ratio that takes into account the company's expected growth rate. A PEG Ratio of 1.37 indicates that a company's stock price is relatively high compared to its earnings growth. This could be a warning sign for investors.

Here's a summary of some common valuation metrics:

The P/E ratio can fluctuate over time, and analysts often provide forecasts for future P/E ratios. For instance, a company with a forecasted P/E ratio of 14x in 2025 may be considered undervalued if it's currently trading at a lower multiple.

Enterprise Value/Revenue and Enterprise Value/EBITDA are other useful metrics for evaluating a company's valuation. These metrics can help us understand how much investors are willing to pay for each dollar of revenue or EBITDA. For example, a company with an Enterprise Value/Revenue of 5.09 may be considered overvalued compared to its peers.

Free-Float is another important consideration in valuation, as it can affect a company's stock price. A high Free-Float percentage, such as 93.68%, indicates that a large percentage of a company's shares are available for trading. This can make it easier for investors to buy and sell shares.

Suggestion: Enterprise Value Ebitda Multiple

Analysts' Recommendations play a significant role in shaping a company's stock price. Analysts' opinions can influence investors' decisions and ultimately impact a company's valuation.

Haitong International Research has kicked off coverage of National Grid plc with an Outperform rating. This suggests that Haitong International Research is optimistic about National Grid's future performance.

UBS, Jefferies, RBC, and Goldman Sachs have all reiterated or maintained their Buy ratings for National Grid. This level of consensus among top analysts indicates strong confidence in National Grid's potential.

These analysts' recommendations can be a valuable resource for investors looking to make informed decisions about National Grid's stock. By considering these opinions, investors can gain a better understanding of the company's prospects and make more informed investment choices.

Here are the analysts' recommendations for National Grid as of December 18:

National Grid plc has been making headlines lately with some exciting developments. Haitong International Research has kicked off coverage of the company with an "Outperform" rating.

National Grid's stock performance has been affected by Treasury yields hitting multimonth highs, leading to a Utilities Roundup on December 18. This resulted in utilities down as a whole.

UBS has reiterated its "Buy" rating for National Grid, while Jefferies, RBC, and Goldman Sachs have also maintained their "Buy" ratings. These positive ratings suggest confidence in the company's future prospects.

National Grid is planning a significant investment in the UK's electricity transmission network, with a budget of up to $44.5 billion. This investment aims to upgrade the grid and meet clean energy goals.

Here are some key dates related to National Grid's recent announcements:

These developments demonstrate National Grid's commitment to investing in the UK's energy infrastructure and meeting its clean energy goals.

On January 3rd, the price of National Grid plc was 957.05 p.

The price change on this day was -0.31%, indicating a slight decline from the previous day.

The volume of trades on January 3rd was 249,510.

Here's a snapshot of the price changes over the past few days:

The highest volume of trades was recorded on January 2nd, with 4,098,784 trades.

On a similar theme: San Diego Building Trades Council V. Garmon

Meet the team at National Grid plc, a company that's been a leader in the energy sector for years. John Pettigrew is the CEO, a position he's held since March 31, 2016, at the age of 56.

Andrew Agg is the Director of Finance/CFO, a role he took on July 29, 2018, at 55 years old. He's also a Director/Board Member, a position he's held since December 31, 2018.

John Pettigrew is also a Director/Board Member, a position he's held since March 31, 2014. Earl Shipp is another Director/Board Member, who joined the team on December 31, 2018, at the age of 67.

Here's a quick rundown of the top management team at National Grid plc:

In the world of management, quotes can provide valuable insights into market trends and performance.

The price of a particular stock can fluctuate significantly over a short period of time, as seen on January 2nd, when the price rose by 1.05% to 960.00 p.

Volume is another important factor to consider, with the highest trading volume recorded on January 2nd at 4,098,784.

On December 31st, the price of the stock increased by 0.68% to 950.00 p.

Here's a breakdown of the key statistics:

The price of the stock decreased by 0.17% on December 30th to 943.60 p.

National Grid plc's income statement reveals some interesting numbers. The company's profit margin stands at a respectable 15.79%.

This is a significant indicator of the company's ability to turn revenue into profit. In fact, the profit margin is higher than what many other companies in the industry can boast.

One key metric to note is the Return on Assets (ROA), which is currently at 3.04%. This suggests that for every dollar invested in assets, the company is generating a profit of 3.04 cents.

The Return on Equity (ROE) is also noteworthy, standing at 8.35%. This means that for every dollar invested in the company, the shareholders are earning a return of 8.35 cents.

Here are some key income statement metrics for National Grid plc:

National Grid plc has a global presence with locations across the United Kingdom and the United States. The company's UK offices include Primary, National Grid House, 35 Homer Road, Bearwood Road, 5 Hunter Road, Cadwell Lane, Kirklington Road, and 1100 Century Way.

National Grid plc has a significant presence in the UK, with offices in major cities like London, Warwick, Solihull, Wokingham, Castle Donnington, Hitchin, and Newark. You can get directions to these locations using the provided links.

Some of the key locations include Primary in London, National Grid House in Warwick, and 35 Homer Road in Solihull. These offices are likely hubs for the company's operations in the UK.

A unique perspective: On the Cash Flow Statement Does Capex Include Ppe

We have locations all over the world, with a total of 17 offices across the UK and the US. Our primary office is located at 1–3 Strand in London, United Kingdom.

You can find us at our National Grid House location in Warwick, Warwickshire, which is also in the UK. This office serves as a hub for our operations in Europe.

In the US, we have several locations, including our office at 170 Data Dr in Waltham, Massachusetts. We also have offices in New York, with locations in Hicksville, Syracuse, and Providence.

Here is a list of all our locations in the UK and the US:

If you're looking to improve your competitive bidding, having insights into publicly disclosed IT services contracts can make a big difference.

National Grid Plc has publicly disclosed IT services contracts that include IT outsourcing, business process outsourcing, systems integration, and consulting.

Competing effectively requires knowing the details of these contracts, including their scope and terms.

For instance, IT outsourcing contracts can involve a range of services, from infrastructure management to application support.

Business process outsourcing contracts, on the other hand, often focus on specific functions like customer service or finance.

You might like: 3d Art Outsourcing Companies