National Grid Earnings Estimate

NGG Stock  USD 91.22  0.58  0.64%   
The next projected EPS of National Grid is estimated to be 1.30935 with future projections ranging from a low of 1.28375 to a high of 1.3399. National Grid's most recent 12-month trailing earnings per share (EPS TTM) is at 4.07. Please be aware that the consensus of earnings estimates for National Grid PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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National Grid is projected to generate 1.30935 in earnings per share on the 31st of March 2026. National Grid earnings estimates show analyst consensus about projected National Grid PLC EPS (Earning Per Share). It derives the highest and the lowest estimates based on National Grid's historical volatility. Many public companies, such as National Grid, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing National Grid's earnings estimates, investors can diagnose different trends across National Grid's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, National Grid's Pretax Profit Margin is most likely to slightly decrease in the upcoming years. The National Grid's current Net Profit Margin is estimated to increase to 0.24, while Gross Profit is projected to decrease to roughly 8.5 B. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

National Grid Earnings Estimation Breakdown

The calculation of National Grid's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of National Grid is estimated to be 1.30935 with the future projection ranging from a low of 1.28375 to a high of 1.3399. Please be aware that this consensus of annual earnings estimates for National Grid PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.46
1.28
Lowest
Expected EPS
1.30935
1.34
Highest

National Grid Earnings Projection Consensus

Suppose the current estimates of National Grid's value are higher than the current market price of the National Grid stock. In this case, investors may conclude that National Grid is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and National Grid's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
40.0%
0.46
1.30935
4.07

National Grid Earnings per Share Projection vs Actual

Actual Earning per Share of National Grid refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering National Grid PLC predict the company's earnings will be in the future. The higher the earnings per share of National Grid, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

National Grid Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as National Grid, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of National Grid should always be considered in relation to other companies to make a more educated investment decision.

National Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact National Grid's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
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nullnullnullnull
null
nullnullnullnull
null
nullnullnullnull
2025-05-29
2025-03-3100.460.46
2025-02-26
2024-12-3100.130.13
null
nullnullnullnull
null
nullnullnullnull
null
nullnullnullnull
null
nullnullnullnull
null
nullnullnullnull
null
nullnullnullnull
2023-05-18
2023-03-312.172.360.19
null
nullnullnullnull
2022-11-10
2022-09-301.581.720.14
null
nullnullnullnull
null
nullnullnullnull
2021-09-30
2021-06-3000.07070.0707
2021-05-20
2021-03-31054.254.2
2021-03-31
2020-12-3100.20170.2017
2020-11-12
2020-09-30017.217.2
2020-09-30
2020-06-3000.08970.0897
2020-06-18
2020-03-3100.08610.0861
2020-03-31
2019-12-3100.15710.1571
2019-11-14
2019-09-30015.515.5
2019-09-30
2019-06-3000.06890.0689
2019-05-16
2019-03-31058.958.9
2019-03-31
2018-12-3100.20440.2044
2018-11-08
2018-09-3000.1270.127
2018-09-30
2018-06-3000.08210.0821
2018-03-31
2017-12-3100.60360.6036
2017-11-09
2017-09-3000.190.19
2017-09-30
2017-06-3000.11790.1179
2017-05-18
2017-03-3100.280.28
2017-03-31
2016-12-3100.1770.177
2016-11-09
2016-09-3000.240.24
2016-09-30
2016-06-3000.15560.1556
2016-05-19
2016-03-3100.550.55
null
nullnullnullnull
2015-09-30
2015-06-3000.22780.2278
2015-05-21
2015-03-3100.23680.2368
2014-11-07
2014-09-3000.24750.2475
2014-09-30
2014-06-3000.21060.2106
2014-06-30
2014-03-3100.2220.222
2014-03-31
2013-12-3100.29730.2973
2013-12-31
2013-09-3000.29460.2946
2013-09-30
2013-06-3000.28960.2896
2013-06-30
2013-03-3100.27190.2719
2013-03-31
2012-12-3100.26030.2603
2012-12-31
2012-09-3000.27750.2775
2012-09-30
2012-06-3000.23040.2304
2012-06-30
2012-03-3100.22410.2241
2012-03-31
2011-12-3100.23570.2357
2011-12-31
2011-09-3000.28460.2846
2011-09-30
2011-06-3000.18590.1859
2011-06-30
2011-03-3100.1910.191
2011-03-31
2010-12-3100.34230.3423
2010-12-31
2010-09-3000.33190.3319

About National Grid Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of National Grid earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current National Grid estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as National Grid fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings46.1 B48.4 B
Earnings Yield 0.06  0.08 
Price Earnings Ratio 14.74  8.91 
Price Earnings To Growth Ratio 2.80  2.94 

Currently Active Assets on Macroaxis

When determining whether National Grid PLC is a strong investment it is important to analyze National Grid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Can Multi-Utilities industry sustain growth momentum? Does National have expansion opportunities? Factors like these will boost the valuation of National Grid. Anticipated expansion of National directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating National Grid demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Quarterly Earnings Growth
(0.12)
Dividend Share
0.472
Earnings Share
4.07
Revenue Per Share
2.968
Quarterly Revenue Growth
(0.11)
Investors evaluate National Grid PLC using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating National Grid's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. External factors like market trends, sector rotation, and investor psychology can cause National Grid's market price to deviate significantly from intrinsic value.
It's important to distinguish between National Grid's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding National Grid should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, National Grid's market price signifies the transaction level at which participants voluntarily complete trades.