Skip to Content
Morningstar

National Grid PLC ADR NGG Stock Quote

Morningstar Rating
| Rating as of

Morningstar‘s Stock Analysis NGG

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

High Inflation Is Positive for National Grid

Tancrede Fulop, CFA Senior Equity Analyst

Business Strategy and Outlook

| Tancrede Fulop, CFA |

National Grid owns and operates energy networks in the United States and the United Kingdom.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics NGG

More

Company Profile NGG

Business Description

National Grid owns and operates the electric and gas transmission system in England and Wales. In 2019, it divested its U.K. natural gas distribution business. In the Northeastern United States, it serves 7.1 million electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.

Contact
1-3 Strand
London, WC2N 5EH, United Kingdom
T +44 2070043000
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Mar 31, 2008
Fiscal Year End Mar 31, 2023
Stock Type —
Employees 23,683

Related News NGG

Stock Strategist Industry Reports

Utilities Have Rarely Been This Attractive

We see the best values in high-quality gas utilities.
Travis Miller
Investing Specialists

Morningstar Runs the Numbers

We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended Sept. 22.
Morningstar.com
Stock Strategist

This Undervalued Utility Is Buying Back Its Shares at Good Prices

National Grid has been able to repurchase shares at value-accretive prices, given the weakness in its stock price during the past two months.
Travis Miller
Quarter-End Insights

Utilities: Low Rates Keep the Sector's Lovefest Raging

Only the Fed could break up utilities' M&A party.
Travis Miller
ETF Specialist

Just a Bump in the Road for the Global Infrastructure Sector?

This ETF has been battered by the decline in energy prices and weakness in emerging markets.
Robert Goldsborough
Quarter-End Insights

Utilities: Starting to Look Attractive After a Woeful 2015 Start

Utilities' 4% dividend yields still look attractive even with the chance for rising interest rates.
Travis Miller
Quarter-End Insights

Utilities: Bloody February Brings Valuations Back In Line

We don't see an end to this atypical volatility until interest rates rise back toward historical norms.
Travis Miller
US Videos

Can You Rake In Higher Dividend Yields Abroad?

Policy and valuation factors have contributed to higher dividend yields on overseas investments, but currency exposure and withholding taxes could take a bite out of your total return, says Morningstar's Josh Peters.
Josh Peters, CFA
Quarter-End Insights

Utilities: Repeating a Stellar 2014 Performance Will Be Tough

Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Travis Miller
ETF Specialist

Opportunity in the World’s Roads, Railways, and Water Systems

iShares Global Infrastructure provides a broad, inexpensive way to invest in global infrastructure.
Robert Goldsborough
Quarter-End Insights

Utilities: Roller-Coaster Ride Continues, but Fundamentals Are Strong

Stock price volatility offers opportunities for investors committed to holding utilities for the long run.
Travis Miller
US Videos

Peters: Don’t Be Scared by Scotland

The U.K. will remain a good hunting ground for dividend-paying stocks even if Scotland decides to become independent, says Morningstar’s Josh Peters.
Josh Peters, CFA
Quarter-End Insights

Utilities Power Past Fair Value

Some of the most defensive companies in the utilities sector have performed the best this year and could face a sharp drop if interest rates start to creep up.
Travis Miller
Personal Finance

These Boring Investments Have Been Beautiful

They may not be the sexiest ideas, but investors say they've delivered over the long term.
Adam Zoll
Quarter-End Insights

4 Utilities Poised to Power Through for Investors

Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Travis Miller
US Videos

Dividends Basics: Avoid Dividend Tax Tangles

The differing tax treatments of foreign stock, MLP, and REIT dividends should be on income-investors' radars, says Morningstar DividendInvestor editor Josh Peters.
Josh Peters, CFA
Quarter-End Insights

Our Outlook for Utilities Stocks

Finally, utilities with good growth and attractive yields are on sale.
Travis Miller
Credit Insights

Corporate Bonds Take It on the Chin

Corporates are likely to struggle during the next few months as investors attempt to anticipate when and how quickly the Fed will taper its asset purchases and the subsequent bond market reaction, says Morningstar's Dave Sekera.
David Sekera
Quarter-End Insights

Our Outlook for Utilities Stocks

With interest rates rising, will dividend yields keep utilities afloat?
Travis Miller
ETF Specialist

An Income-Generating Asset Class Underrepresented in the ETF World

This ETF holds the infrastructure firms that create the backbone of society--toll roads, ports, railroads, water and sewer systems, and power generation.
Robert Goldsborough