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National Grid (National Grid) EPS (Diluted)

: $12.68 (TTM As of Sep. 2023)
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National Grid's Earnings per Share (Diluted) for the six months ended in Sep. 2023 was $1.89. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was $12.68.

National Grid's EPS (Basic) for the six months ended in Sep. 2023 was $1.89. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2023 was $12.74.

National Grid's EPS without NRI for the six months ended in Sep. 2023 was $1.74. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2023 was $4.28.

During the past 12 months, National Grid's average EPS without NRIGrowth Rate was -13.10% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 11.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 2.40% per year. During the past 10 years, the average EPS without NRI Growth Rate was -0.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EPS without NRI Growth Rate using EPS without NRI data.

During the past 13 years, National Grid's highest 3-Year average EPS without NRI Growth Rate was 57.10% per year. The lowest was -22.70% per year. And the median was 0.40% per year.


National Grid EPS (Diluted) Historical Data

The historical data trend for National Grid's EPS (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EPS (Diluted)
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.93 2.25 3.21 4.28 12.87

National Grid Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EPS (Diluted) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 3.41 1.94 10.80 1.89

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Grid PE Ratio Distribution

For the Utilities - Regulated industry and Utilities sector, National Grid's PE Ratio distribution charts can be found below:

* The bar in red indicates where National Grid's PE Ratio falls into.



National Grid EPS (Diluted) Calculation

EPS (Diluted) is a rough measurement of the amount of a company's profit that can be allocated to one share of its stock. Diluted EPS takes into account all of the outstanding dilutive securities that could potentially be exercised (such as stock options and convertible preferred stock) and shows how such an action would impact earnings per share.

National Grid's Diluted EPS for the fiscal year that ended in Mar. 2023 is calculated as

Diluted EPS (A: Mar. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(9462.379-0)/735.200
=12.87

National Grid's Diluted EPS for the quarter that ended in Sep. 2023 is calculated as

Diluted EPS (Q: Sep. 2023 )=(Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(1396.04-0)/740.000
=1.89

EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $12.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Grid  (NYSE:NGG) EPS (Diluted) Explanation

EPS is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


National Grid EPS (Diluted) Related Terms

Thank you for viewing the detailed overview of National Grid's EPS (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves 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.