OverviewSuggest Edit

National Grid is an international electricity and gas company. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and NGV and Other business segments. The company transmits and distributes electricity and natural gas. National Grid is also involved in gas metering, property management, liquefied natural gas (LNG) operations, solar power generation, etc.
TypePublic
Founded1990
HQLondon, GB
Websitenationalgrid.com
Employee Ratings3.9
Overall CultureC+

Latest Updates

Employees (est.) (Mar 2021)23,683(+3%)
Job Openings282
Revenue (FY, 2021)£14.8 B(+2%)
Share Price (Nov 2021)£9.6(+3%)
Cybersecurity ratingBMore
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Key People/Management at National Grid

John Pettigrew

John Pettigrew

Chief Executive
Alistair Todd

Alistair Todd

UK Chief Financial Officer (CFO)
Nicola Shaw

Nicola Shaw

Executive Director, UK
Jonathan Dawson

Jonathan Dawson

Non-Executive Director
Badar Khan

Badar Khan

President, National Grid US
David Wright

David Wright

Chief Engineer - Electricity & Gas
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National Grid Office Locations

National Grid has offices in London, Warrington, Warwick and Rugby
London, GB (HQ)
1 - 3 Strand
Warrington, GB
Europa Court, Europa Blvd, Westbrook
Warwick, GB
Warwick Technology Park & Gallows Hill
Rugby, ND, US
Rugby, ND 58368, USA
Show all (4)

National Grid Financials and Metrics

National Grid Revenue

National Grid's revenue was reported to be £14.78 b in FY, 2021 which is a 1.6% increase from the previous period.
GBP

Revenue (H1, 2022)

6.9b

Net income (H1, 2022)

475.0m

EBIT (H1, 2022)

1.5b

Market capitalization (10-Nov-2021)

34.2b

Closing stock price (10-Nov-2021)

9.6

Cash (30-Sept-2021)

466.0m

EV

77.7b
National Grid's current market capitalization is £34.2 b.
Annual
GBPFY, 2019FY, 2020FY, 2021

Revenue

14.9b14.5b14.8b

Revenue growth, %

(2%)(3%)2%

Operating expense total

12.1b11.5b11.6b

EBIT

2.9b2.8b2.9b
Half Year
GBPH1, 2020H1, 2021H1, 2022

Revenue

6.3b6.5b6.9b

Operating expense total

5.3b5.3b5.4b

EBIT

1.0b1.1b1.5b

EBIT margin, %

16%17%21%
Annual
GBPFY, 2019FY, 2020FY, 2021

Cash

252.0m73.0m157.0m

Accounts Receivable

1.9b1.6b1.5b

Prepaid Expenses

237.0m408.0m387.0m

Inventories

370.0m549.0m439.0m
Half Year
GBPH1, 2020H1, 2021H1, 2022

Cash

213.0m164.0m466.0m

Inventories

467.0m501.0m516.0m

Current Assets

6.7b4.8b16.5b

PP&E

47.4b49.2b54.7b
Annual
GBPFY, 2019FY, 2020FY, 2021

Net Income

1.5b1.3b1.6b

Depreciation and Amortization

1.6b1.6b1.7b

Cash From Operating Activities

4.3b4.6b4.5b

Purchases of PP&E

(3.6b)(4.6b)(4.4b)
Half Year
GBPH1, 2020H1, 2021H1, 2022

Net Income

394.0m602.0m475.0m

Depreciation and Amortization

833.0m853.0m840.0m

Cash From Operating Activities

2.0b1.8b2.4b

Purchases of PP&E

(2.1b)(2.1b)(2.3b)
GBPFY, 2019

Revenue/Employee

652.8k

Debt/Equity

1.5 x

Debt/Assets

0.5 x

Financial Leverage

3.3 x
Show all financial metrics

National Grid Operating Metrics

FY, 2019FY, 2020FY, 2021

High-pressure Pipe (UK), miles

4.76 k4.74 k4.74 k

Overhead Lines (UK), miles

4.48 k4.48 k4.5 k

Overhead Lines (US), miles

8.88 k9.11 k8.97 k

Underground Cable (UK), miles

1.42 k1.39 k2.81 k
Show all operating metrics

National Grid Revenue Breakdown

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National Grid revenue breakdown by business segment: 6.0% from UK Gas Transmission, 62.2% from US Regulated, 26.9% from UK Electricity Transmission and 4.8% from Other

National Grid revenue breakdown by geographic segment: 37.1% from United Kingdom and 62.9% from United States

National Grid Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

National Grid Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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National Grid Online and Social Media Presence

Embed Graph

National Grid Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C+

    66/100

  • Diversity

    B-

    68/100

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National Grid News and Updates

National Grid Partners Driving Clean Energy Future with $24 Million in New Startup Investments

LOS GATOS, Calif., Oct. 28, 2021 /PRNewswire/ -- Key Highlights National Grid is a principal partner of the United Nations' COP26 climate conference National Grid Partners will host COP26 panel "Innovating our Way to Net-Zero" New investments support National Grid goals of digitalization,...

National Grid warns of price spikes but says British lights won't go off th

The National Grid has warned of increased risks of power shortages and “significant price spikes” this winter. The country would The post National Grid warns of price spikes but says British lights won't go off this winter appeared first on CityAM.

National Grid to hike utility prices in Mass. and other deregulated states

The fixed price option rate is set to increase by 52% for residential customers. This new hike in utility prices is the latest in a trend of increasing prices for both gas and electric utilities that has spanned nearly two decades and caused major hardships for workers.

National Grid Gets Approval for Massachusetts Gas's Rate Plan

The order is effective Oct. 1, and includes a revenue increase of $72 million. The allowed return on equity is 9.7%, on an equity ratio of 53%, the energy infrastructure company said.

Former National Grid Workers Plead Guilty In Bribe Scheme: Feds

Four former employees of National Grid have pleaded guilty to accepting bribes and kickback from the owners of a Long Island-based contractor in exchange for steering lucrative contracts to the contractor, the U.S. Attorney's office said Monday.

National Grid and Met Office join forces on weather data project

National Grid Electricity Transmission (NGET) has teamed up with the Met Office on a weather data project that aims to support and increase the capacity on the transmission network for wind and solar power.
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National Grid Frequently Asked Questions

  • When was National Grid founded?

    National Grid was founded in 1990.

  • Who are National Grid key executives?

    National Grid's key executives are John Pettigrew, Alistair Todd and Nicola Shaw.

  • How many employees does National Grid have?

    National Grid has 23,683 employees.

  • What is National Grid revenue?

    Latest National Grid annual revenue is £14.8 b.

  • What is National Grid revenue per employee?

    Latest National Grid revenue per employee is £624 k.

  • Who are National Grid competitors?

    Competitors of National Grid include SSE, EDF Energy and Centrica.

  • Where is National Grid headquarters?

    National Grid headquarters is located at 1 - 3 Strand, London.

  • Where are National Grid offices?

    National Grid has offices in London, Warrington, Warwick and Rugby.

  • How many offices does National Grid have?

    National Grid has 4 offices.