National Grid plc
NGGUtilitiesNASDAQUtilities - Regulated Electric
Scan Results
Daily timeframeNational Grid plc engages in the transmission and distribution of electricity and gas. With a market capitalization of $78.54B, it sits in large-cap territory. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments.
Market Cap
$78.54B
Beta
0.59
P/E (TTM)
17.71
P/E (Fwd)
11.84
EPS (TTM)
$4.41
EPS (Fwd)
$6.60
ROE
8.4%
ROA
3.0%
Cash
$2.83B
Total Debt
$47.71B
Free CF
-$3.13B
52W Change
11.0%
Annual Financials
Cash vs Debt
Where NGG stands vs its 150-day and 200-day moving averages
As of the September 1, 2026 close, NGG finished 5.42% below its 150-day moving average ($83.70) and 2.98% below its 200-day moving average ($81.59). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is NGG overbought or oversold?
At the September 1, 2026 close, NGG's RSI(14) was 43.0, in neutral territory (between 30 and 70). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
On the balance sheet, NGG has $2.83B in cash with $47.71B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$3.13B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 8.4% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 3.0% is on the lower side, which is common in asset-heavy industries. Revenue has pulled back from $21.66B (2023) to $17.69B (2026), a 18% decline worth watching.
The relatively low beta of 0.59 suggests NGG is a less volatile holding compared to the broader index. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence National Grid plc's trajectory.