National Grid (CHIX:NGL) Revenue: £17,687 Mil (TTM As of Mar. 2026)


CHIX:NGL National Grid PLC CHIX:NGL
73 GF Score
Price £12.30
GF Value £7.46
Valuation Significantly Overvalued
! 5 Warning Signs
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What is National Grid Revenue?

National Grid CHIX:NGL -0.14% 73 Revenue is £17,687 Mil as of Mar. 2026. GuruFocus rates CHIX:NGL with a GF Score™ of 73/100 and a GF Value™ of £7.46 (Significantly Overvalued). The stock has 5 warning signs investors should review.

National Grid's revenue for the six months ended in Mar. 2026 was £10,622 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was £17,687 Mil. National Grid's Revenue per Share for the six months ended in Mar. 2026 was £2.13. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was £3.56.

Warning Sign:

National Grid PLC revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of National Grid was -8.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was -13.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.70% 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 other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, National Grid's highest 3-Year average Revenue per Share Growth Rate was 70.10% per year. The lowest was -14.20% per year. And the median was 0.30% per year.


National Grid  (CHIX:NGl) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


National Grid Revenue Related Terms


National Grid Revenue Historical Data

* Premium members only.

The historical data trend for National Grid's Revenue 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.

National Grid Revenue Chart

National Grid Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,449.00 21,659.00 19,850.00 18,378.00 17,687.00

National Grid Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Revenue Get a 7-Day Free Trial 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 11,361.00 7,961.00 10,417.00 7,065.00 10,622.00

CHIX:NGL vs NEE, SO, DUK: Revenue Comparison

For the Utilities - Regulated Electric subindustry, National Grid's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Utilities - Regulated Industry

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

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


CHIX:NGL
73GF Score
National Grid PLC CHIX:NGL
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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National Grid Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £17,687 Mil.

* 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.

Frequently Asked Questions Learn more about Revenue →
What does a Revenue of £17,687 Mil mean?
National Grid (CHIX:NGL) has a Revenue of £17,687 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on National Grid and its competitors.
Is National Grid's Revenue too high?
National Grid's current Revenue is £17,687 Mil. Overall, National Grid has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Grid's Revenue compare to NEE and SO?
National Grid's Revenue of £17,687 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for an Utilities - Regulated company?
A good Revenue depends on the Utilities - Regulated industry context. However, Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on National Grid and its competitors. National Grid's current Revenue is £17,687 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Grid stock overvalued right now?
Based on GuruFocus' analysis, National Grid (CHIX:NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is £7.46, compared to a current price of £12.30 — trading 64.8% above its estimated fair value. The current Revenue is £17,687 Mil. National Grid's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For National Grid (CHIX:NGL), the current Revenue is £17,687 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is National Grid (CHIX:NGL) Overvalued in 2026?

Based on GuruFocus' analysis, National Grid stock appears to be overvalued. The current stock price of £12.30 is trading 64.8% above its estimated GF Value™ of £7.46. GuruFocus considers National Grid to be Significantly Overvalued.

Key valuation signals for CHIX:NGL:

  • Revenue: £17,687 Mil
  • GF Value™: £7.46 vs. price of £12.30 (64.8% above fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the CHIX:NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 UK gas transmission business in fiscal 2023 to fund the acquisition of PPL's UK power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission electricity networks in the United States, metering services and merchant transmission lines in the UK.
73GF Score

Get the complete analysis for CHIX:NGL

Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£12.30
Price
£7.46
GF Value