National Grid Plc ADR Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
10.7%projected annual EPS growth
Analyst Coverage
5analysts covering
FY Revenue (est.)
$26.5Bnext fiscal year
FY EPS (est.)
$8.16next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| H1 2026/27 Half Year Results | 5 Nov 2026 |
| H2 2026/27 Full Year Results | 20 May 2027 |
Monitoring Framework
Key Performance Indicators
Group Return on Equity (RoE) Annually9.8Target: Double-digit returns
Group Asset Growth Annually1,090.0%Target: 8-10% CAGR (2026/27 to 2030/31)
Capital Investment Annually11.6BTarget: At least £70 billion cumulative over 5 years
Lost Time Injury Frequency Rate (LTIFR) Annually11.0%
Network Reliability Annually99.9Target: Maintain high reliability
Watch Items
- RIIO-T3 Regulatory Framework NegotiationsTrigger: Final determination by Ofgem on allowed returns and funding mechanismsAction: Assess impact on the £70 billion capital investment plan and adjust UK transmission returns assumptions.
- Net Debt and Leverage GearingTrigger: Regulatory gearing trending towards the high 60% rangeAction: Monitor credit rating stability and evaluate potential hybrid capacity or scrip dividend uptake.
- Supply Chain and Project ExecutionTrigger: Delays or cost overruns in any of the 17 ASTI (Accelerated Strategic Transmission Investment) projectsAction: Review capital allocation and project delivery timelines to mitigate execution risk.
Research as of 2 Sep 2026