About National Grid plc (NG)
National Grid plc is a Utilities - Regulated Electric company operating in the Utilities sector. The company is headquartered in London, United Kingdom. NG has been publicly traded since 1995, giving it 31+ years of trading history.
National Grid plc (NG) has been publicly traded since 1995, making it a 31-year-old public company. It operates in the Utilities - Regulated Electric industry within the Utilities sector. The company is headquartered in London, United Kingdom and employs approximately 31,654 people. With a market capitalization of £68 billion, NG is a large established company.
NG trades on the London Stock Exchange and is classified as a large-cap-cap stock with a market capitalization of approximately £68 billion. The company employs approximately 31,654 people worldwide.
Key Statistics
- Current Price
- £1,373.50
- Market Cap
- £68.28B
- 52-Week High
- £1,428.50
- 52-Week Low
- £949.60
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
NG Investment Performance
NG has gained 20.3% year-to-date in 2026. Over the past 5 years, a £1,000 investment in NG would have grown to £1,656, representing a 65.6% total return. Since its IPO in 1995, a £1,000 investment would now be worth £5,135.
£1,000 Invested in National Grid plc (NG)
How much would £1,000 invested in NG be worth today?
What would £1,000 invested in NG 1 year ago be worth today?
A £1,000 investment in National Grid plc (NG) in 2025 would be worth £1,407 as of March 2026, representing a +40.7% total return.
What would £1,000 invested in NG 3 years ago be worth today?
A £1,000 investment in National Grid plc (NG) in 2023 would be worth £1,324 as of March 2026, representing a +32.4% total return.
What would £1,000 invested in NG 5 years ago be worth today?
A £1,000 investment in National Grid plc (NG) in 2021 would be worth £1,656 as of March 2026, representing a +65.6% total return.
What would £1,000 invested in NG 10 years ago be worth today?
A £1,000 investment in National Grid plc (NG) in 2016 would be worth £1,287 as of March 2026, representing a +28.7% total return.
What would £1,000 invested in NG at IPO be worth today?
A £1,000 investment in National Grid plc (NG) at IPO would be worth £5,135 as of March 2026, representing a +413.5% total return.
Monthly Returns Heatmap
Over the past 30+ years (363 months), National Grid plc (NG) has averaged a monthly return of +0.60% with a median return of +0.78%. The stock had 206 positive months (57%) and 156 negative months (43%). The best month in NG's history was November 1998 with a +17.8% return, while the worst was May 2024 at -15.8%. Historically, April tends to be the strongest month (averaging +2.1%), and June the weakest (-2.2%).
NG's longest winning streak was 7 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 1997 with a cumulative return of +41.3%, and the worst was 2001 at -32.1%.
Annual Returns
Over 31 years of trading history, National Grid plc (NG) has delivered an average annual return of +7.05% with a median return of +6.13%. The compound annual growth rate (CAGR) is +5.59%. The stock posted gains in 19 years (61%) and losses in 12 years (39%).
NG's best year was 1997 with a +47.90% gain, while the worst was 2001 at -29.64%. The longest streak of consecutive positive years was 6, and the longest losing streak was 3 years. NG achieved double-digit gains (10%+) in 14 years. It suffered double-digit losses in 6 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +20.32% | £1,141.50 | £1,373.50 |
| 2025 | +20.21% | £949.59 | £1,141.50 |
| 2024 | -10.15% | £1,056.92 | £949.59 |
| 2023 | +6.13% | £995.90 | £1,056.92 |
| 2022 | -5.85% | £1,057.75 | £995.90 |
| 2021 | +22.58% | £862.93 | £1,057.75 |
| 2020 | -8.35% | £941.60 | £862.93 |
| 2019 | +23.63% | £761.62 | £941.60 |
| 2018 | -12.63% | £871.71 | £761.62 |
| 2017 | -15.61% | £1,032.97 | £871.71 |
| 2016 | +1.55% | £1,017.25 | £1,032.97 |
| 2015 | +2.16% | £995.78 | £1,017.25 |
| 2014 | +16.56% | £854.30 | £995.78 |
| 2013 | +12.14% | £761.78 | £854.30 |
| 2012 | +12.54% | £676.90 | £761.78 |
| 2011 | +13.08% | £598.60 | £676.90 |
| 2010 | -8.06% | £651.08 | £598.60 |
| 2009 | -0.68% | £655.52 | £651.08 |
| 2008 | -17.95% | £798.92 | £655.52 |
| 2007 | +13.20% | £705.76 | £798.92 |
| 2006 | +29.69% | £544.19 | £705.76 |
| 2005 | +1.02% | £538.70 | £544.19 |
| 2004 | +23.97% | £434.53 | £538.70 |
| 2003 | -12.29% | £495.39 | £434.53 |
| 2002 | +6.69% | £464.31 | £495.39 |
| 2001 | -29.64% | £659.95 | £464.31 |
| 2000 | +29.22% | £510.70 | £659.95 |
| 1999 | -1.80% | £520.05 | £510.70 |
| 1998 | +40.81% | £369.33 | £520.05 |
| 1997 | +47.90% | £249.72 | £369.33 |
| 1996 | -1.95% | £254.69 | £249.72 |
NG Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating National Grid plc as an investment
Valuation
NG currently trades at a trailing P/E ratio of 22.9, which is considered moderate relative to the broader market. The forward P/E of 15.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 181.9. The price-to-sales ratio is 3.9.
Dividends
National Grid plc pays a dividend to shareholders with a current yield of 3.44%. This translates to £0.47 per share annually. The payout ratio of 78% indicates moderate dividend coverage.
Risk & Volatility
NG has a beta of 0.61, indicating it is less volatile than the overall market. The stock's 52-week range is £949.60 to £1428.50, and it currently trades near its 52-week high.
Analyst Ratings
Based on 16 analyst opinions, NG has a consensus "buy" rating. The average price target of £1327.75 suggests 3.3% downside from current levels.
Frequently Asked Questions: NG
What sector is NG in? ▼
NG operates in the Utilities sector, specifically in the Utilities - Regulated Electric industry.
How has NG performed historically? ▼
Over 31 years of trading history, NG has posted gains in 19 years (61% of the time). The best year was 1997 with a +47.9% return. Past performance does not guarantee future results.
How can I invest in NG? ▼
You can invest in NG through any brokerage account that offers access to the London Stock Exchange. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold NG.
Does NG pay dividends? ▼
National Grid plc pays a dividend to shareholders with a current yield of 3.44%. This translates to £0.47 per share annually. The payout ratio of 78% indicates moderate dividend coverage.
What does National Grid plc do? ▼
National Grid plc is a Utilities - Regulated Electric company operating in the Utilities sector. The company is headquartered in London, United Kingdom.
What sector is NG in? ▼
NG operates in the Utilities sector, specifically in the Utilities - Regulated Electric industry.
When did NG go public? ▼
National Grid plc went public in 1995, making it a 31-year-old public company as of 2026.
How much would £1,000 invested in NG 5 years ago be worth today? ▼
A £1,000 investment in NG five years ago would be worth approximately £1,656 today, representing a 65.6% return.
Does NG pay dividends? ▼
Yes, National Grid plc pays a dividend with a current yield of 3.44%, which is £0.47 per share annually.
What is NG's market cap? ▼
National Grid plc has a market capitalization of £68 billion, classifying it as a large-cap company.
What is NG's P/E ratio? ▼
NG has a trailing P/E ratio of 22.9 and a forward P/E of 15.7, which measures how much investors are paying per dollar of earnings.
Is NG a buy, hold, or sell? ▼
Based on 16 opinions, NG has a consensus "buy" rating. The average price target is £1327.75.
Last updated: 3/14/2026