Stocktoria
National Grid plc (NG.L) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 2.61% (safety: moderate). FY2026 revenue was $17.7B at a 18.3% net margin.
Price from month-end closes (Yahoo) — for reference, not real-time.
How it ranks in Utilities · percentile among 14 companies
Percentile vs other Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | -0.021 |
| Retained earnings / assets | 0.387 |
| EBIT / assets | 0.053 |
| Equity / liabilities | 0.57 |
FAQ
Is NG.L financially healthy?
National Grid plc's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does NG.L pay a dividend, and is it safe?
Yes. National Grid plc pays a dividend yielding about 2.61% with a 50.1% payout ratio, rated “moderate” for safety.
How profitable is NG.L?
In FY2026, National Grid plc had a net margin of 18.3% and a return on equity of 8.2%.
Source: company filings via Yahoo Finance · GB · as of 2026-03-31. Figures in GBp; non-US fundamentals are aggregated by Yahoo (shorter history); facts plus Stocktoria's own computed scores — not investment advice.