NATIONAL GRID PLC (NGG) Financial Ratio Screen

NYSE Utilities United Kingdom USD 80188M
RATIOS FAIL*
Automated financial screen · activity assessed separately
NATIONAL GRID PLC (NGG) is potentially non-compliant in the automated ratio model. The company's debt ratio of 43.2% exceeds the 30% MSCI new-inclusion threshold relative to total assets. NATIONAL GRID PLC operates in the Utilities sector.

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MSCI new-inclusion financial-ratio snapshot

NGG financial screening at a glance

RATIOS FAIL*Financial ratios shown separately from business review — not a fatwa
Debt ratio
43.2%
Fail vs 30%
Cash ratio
2.6%
Pass vs 30%
Receivables + cash
5.5%
Pass vs 30%
Impermissible income
2.1%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: March 2026. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria not metAt least one available ratio exceeds its threshold
FTSE/Yasaar-styleFinancial criteria not metAt least one available ratio exceeds its threshold
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodMarch 2026Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Utilities - Regulated Electric) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Sources to verify: Secondary company profile and classification · Issuer website · SEC issuer filings

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from March 2026

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 43.2%
/ 30%
2.6%
/ 30%
5.5%
/ 30%
2.13%
/ 5%
RATIOS FAIL*
FTSE 43.2%
/ 33%
2.6%
/ 33%
5.5%
/ 50%
2.13%
/ 5%
RATIOS FAIL*

Financial Highlights

P/E Ratio
17.9
Forward: 12.1
EPS
$4.45
Dividend Yield
406.0%
Payout: 71.2%
P/B Ratio
8.9
EV/EBITDA
74.2
EV: $521.3B
Revenue
$17.7B
Growth: 2.0%
Beta
0.6
Low volatility
Current Ratio
0.8

Profitability

Gross Margin 100.0%
Operating Margin 32.6%
Net Margin 18.3%
Return on Equity (ROE) 8.4%
Return on Assets (ROA) 3.0%

Cash Flow & Balance Sheet

Operating Cash Flow$7.8B
Free Cash Flow-$2.7B
Total Debt$46.8B
Debt-to-Equity121.3
Current Ratio0.8
Total Assets$108.3B

Price & Trading

Last Close$80.62
50-Day MA$81.65
200-Day MA$82.97
Avg Volume956K
Beta0.6
52-Week Range
$67.52
$94.64

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-08-24 for the financial period March 2026. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About NATIONAL GRID PLC (NGG)

CEO
Ms. Zoe Alexandra Yujnovich
Employees
33,026
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
United Kingdom
Exchange
NYSE
Market Cap (listing currency)
USD 80188M
Currency
USD

National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

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Frequently Asked Questions

Is NATIONAL GRID PLC (NGG) halal to invest in?

The current automated result is Financial criteria not met or an activity exclusion was detected. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is NATIONAL GRID PLC's debt ratio?

NATIONAL GRID PLC's debt ratio is 43.2% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are NATIONAL GRID PLC's key financial metrics?

NATIONAL GRID PLC has a market capitalization of USD 80188M in its listing currency, trailing P/E ratio of 17.9, and revenue of $17.7B. The company maintains a gross margin of 100.0% and a net margin of 18.3%. Return on equity stands at 8.4%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: March 2026. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.