National Grid PLC Net Income
| NGG Stock | USD 86.89 0.90 1.03% |
As of the 5th of February, National Grid secures the Mean Deviation of 0.8295, downside deviation of 0.9087, and Risk Adjusted Performance of 0.1783. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of National Grid PLC, as well as the relationship between them. Please verify National Grid PLC information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if National Grid PLC is priced some-what accurately, providing market reflects its recent price of 86.89 per share. Given that National Grid PLC has jensen alpha of 0.2234, we recommend you to check National Grid's last-minute market performance to make sure the company can sustain itself at a future point.
National Grid Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 5.9217 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Income | 3.2 B | 1.8 B | |
| Net Income Applicable To Common Shares | 3.3 B | 3.4 B | |
| Net Income From Continuing Ops | 2.5 B | 2.4 B | |
| Net Income Per Share | 0.55 | 0.51 | |
| Net Income Per E B T | 0.72 | 0.82 |
National | Net Income | Build AI portfolio with National Stock |
The Net Income trend for National Grid PLC offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether National Grid is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.
Latest National Grid's Net Income Growth Pattern
Below is the plot of the Net Income of National Grid PLC over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in National Grid PLC financial statement analysis. It represents the amount of money remaining after all of National Grid PLC operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is National Grid's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Grid's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.79 B | 10 Years Trend |
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Net Income |
| Timeline |
National Net Income Regression Statistics
| Arithmetic Mean | 2,871,300,196 | |
| Geometric Mean | 2,360,251,641 | |
| Coefficient Of Variation | 69.46 | |
| Mean Deviation | 1,297,035,179 | |
| Median | 2,353,000,000 | |
| Standard Deviation | 1,994,394,778 | |
| Sample Variance | 3977610.5T | |
| Range | 7.4B | |
| R-Value | 0.23 | |
| Mean Square Error | 4023139.3T | |
| R-Squared | 0.05 | |
| Significance | 0.38 | |
| Slope | 89,862,075 | |
| Total Sum of Squares | 63641768.5T |
National Net Income History
Other Fundumenentals of National Grid PLC
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
National Grid Net Income component correlations
National Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for National Grid is extremely important. It helps to project a fair market value of National Stock properly, considering its historical fundamentals such as Net Income. Since National Grid's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of National Grid's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of National Grid's interrelated accounts and indicators.
Click cells to compare fundamentals
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 4.08 | Revenue Per Share | 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.
National Grid 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to National Grid's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of National Grid.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in National Grid on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding National Grid PLC or generate 0.0% return on investment in National Grid over 90 days. National Grid is related to or competes with American Electric, Duke Energy, Dominion Energy, Exelon, Xcel Energy, Southern, and Consolidated Edison. National Grid plc transmits and distributes electricity and gas More
National Grid Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure National Grid's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess National Grid PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9087 | |||
| Information Ratio | 0.1756 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.91 |
National Grid Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Grid's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Grid's standard deviation. In reality, there are many statistical measures that can use National Grid historical prices to predict the future National Grid's volatility.| Risk Adjusted Performance | 0.1783 | |||
| Jensen Alpha | 0.2234 | |||
| Total Risk Alpha | 0.1585 | |||
| Sortino Ratio | 0.198 | |||
| Treynor Ratio | 1.16 |
National Grid February 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1783 | |||
| Market Risk Adjusted Performance | 1.17 | |||
| Mean Deviation | 0.8295 | |||
| Semi Deviation | 0.6537 | |||
| Downside Deviation | 0.9087 | |||
| Coefficient Of Variation | 419.09 | |||
| Standard Deviation | 1.02 | |||
| Variance | 1.05 | |||
| Information Ratio | 0.1756 | |||
| Jensen Alpha | 0.2234 | |||
| Total Risk Alpha | 0.1585 | |||
| Sortino Ratio | 0.198 | |||
| Treynor Ratio | 1.16 | |||
| Maximum Drawdown | 4.11 | |||
| Value At Risk | (1.10) | |||
| Potential Upside | 1.91 | |||
| Downside Variance | 0.8258 | |||
| Semi Variance | 0.4274 | |||
| Expected Short fall | (0.97) | |||
| Skewness | (0.07) | |||
| Kurtosis | (0.38) |
National Grid PLC Backtested Returns
National Grid appears to be very steady, given 3 months investment horizon. National Grid PLC has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for National Grid, which you can use to evaluate the volatility of the firm. Please exercise National Grid's Downside Deviation of 0.9087, mean deviation of 0.8295, and Risk Adjusted Performance of 0.1783 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, National Grid holds a performance score of 16. The company secures a Beta (Market Risk) of 0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, National Grid's returns are expected to increase less than the market. However, during the bear market, the loss of holding National Grid is expected to be smaller as well. Please check National Grid's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether National Grid's current price movements will revert.
Auto-correlation | -0.08 |
Very weak reverse predictability
National Grid PLC has very weak reverse predictability. Overlapping area represents the amount of predictability between National Grid time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of National Grid PLC price movement. The serial correlation of -0.08 indicates that barely 8.0% of current National Grid price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 10.2 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
National Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, National Grid PLC reported net income of 2.79 B. This is much higher than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is significantly lower than that of the firm.
National Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses National Grid's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of National Grid could also be used in its relative valuation, which is a method of valuing National Grid by comparing valuation metrics of similar companies.National Grid is currently under evaluation in net income category among its peers.
National Grid ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, National Grid's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to National Grid's managers, analysts, and investors.Environmental | Governance | Social |
National Grid Institutional Holders
Institutional Holdings refers to the ownership stake in National Grid that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of National Grid's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing National Grid's value.| Shares | Wells Fargo & Co | 2025-06-30 | 1.6 M | Bank Of Montreal | 2025-06-30 | 997.1 K | Bmo Capital Markets Corp. | 2025-06-30 | 997.1 K | Blackrock Inc | 2025-06-30 | 982.5 K | Capital Research & Mgmt Co - Division 3 | 2025-06-30 | 981.1 K | Northern Trust Corp | 2025-06-30 | 970.7 K | Lpl Financial Corp | 2025-06-30 | 968.9 K | Clark Capital Management Group Inc | 2025-06-30 | 904.5 K | Dimensional Fund Advisors, Inc. | 2025-06-30 | 721.3 K | Fmr Inc | 2025-06-30 | 6 M | Bank Of America Corp | 2025-06-30 | 4.6 M |
National Fundamentals
| Return On Equity | 0.0787 | ||||
| Return On Asset | 0.0322 | ||||
| Profit Margin | 0.16 % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 141.55 B | ||||
| Shares Outstanding | 993.73 M | ||||
| Shares Owned By Insiders | 0.07 % | ||||
| Shares Owned By Institutions | 5.89 % | ||||
| Number Of Shares Shorted | 1.75 M | ||||
| Price To Earning | 21.35 X | ||||
| Price To Book | 1.69 X | ||||
| Price To Sales | 4.90 X | ||||
| Revenue | 18.38 B | ||||
| Gross Profit | 17.48 B | ||||
| EBITDA | 7.63 B | ||||
| Net Income | 2.79 B | ||||
| Cash Per Share | 4.59 X | ||||
| Total Debt | 47.54 B | ||||
| Debt To Equity | 1.95 % | ||||
| Current Ratio | 0.73 X | ||||
| Book Value Per Share | 10.32 X | ||||
| Cash Flow From Operations | 5.27 B | ||||
| Short Ratio | 2.94 X | ||||
| Earnings Per Share | 4.08 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 80.83 | ||||
| Number Of Employees | 31.65 K | ||||
| Beta | 0.58 | ||||
| Market Capitalization | 85.69 B | ||||
| Total Asset | 106.74 B | ||||
| Retained Earnings | 40.11 B | ||||
| Working Capital | 3.71 B | ||||
| Current Asset | 6.42 B | ||||
| Current Liabilities | 8.56 B | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 5.32 % | ||||
| Net Asset | 106.74 B | ||||
| Last Dividend Paid | 0.47 |
About National Grid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Grid PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Grid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Grid PLC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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 4.08 | Revenue Per Share | 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.