D vs. NGG: Dominion Energy vs. National Grid Stock Comparison
How do Dominion Energy (D) and National Grid (NGG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Dominion Energy (D) and National Grid (NGG) are both classified in the Multi-Utilities sub-industry within the broader Multi-Utilities industry, placing them in the closest GICS peer bucket.
Dominion Energy (D) trades as ordinary local shares, while National Grid (NGG) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | D | NGG |
|---|---|---|
| Name | Dominion Energy, Inc. | National Grid plc Sponsored ADR |
| Country/Region | United States | United Kingdom |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Multi-Utilities |
| GICS Sub-Industry | Multi-Utilities | Multi-Utilities |
| Market Capitalization | 61.43 billion USD | 81.65 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | August 10, 2005 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | D | NGG |
|---|---|---|
| Total Return (1Y) | 26.43% | 17.76% |
| Total Return (3Y, Annualized) | 14.50% | 13.75% |
| Total Return (5Y, Annualized) | 3.16% | 11.98% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | D | NGG |
|---|---|---|
| Volatility (1Y, Annualized) | 20.61% | 21.46% |
| Beta (5Y) | 0.65 | 0.78 |
| Max Drawdown (5Y) | -52.20% | -39.20% |
| Avg. Volume (3M) | 7.04M | 1.27M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | D | NGG |
|---|---|---|
| Sharpe Ratio (1Y) | 1.09 | 0.64 |
| Sortino Ratio (1Y) | 1.74 | 0.87 |
Profitability
ROE (TTM)
Both Dominion Energy (D) at 9.79% and National Grid (NGG) at 8.41% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
D
Utilities industry group
9.79%
- Max
- 16.11%
- Q3
- 11.23%
- D
- 9.79%
- Median
- 9.48%
- Q1
- 7.55%
- Min
- 2.67%
NGG
Utilities industry group
8.41%
- Max
- 16.11%
- Q3
- 11.23%
- Median
- 9.48%
- NGG
- 8.41%
- Q1
- 7.55%
- Min
- 2.67%
Net Margin (TTM)
National Grid (NGG) at 18.32% retains a top-quartile share of revenue as profit, ahead of Dominion Energy (D) at 16.93%, which keeps about the industry-typical share.
D
Utilities industry group
16.93%
- Max
- 29.37%
- Q3
- 17.31%
- D
- 16.93%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
NGG
Utilities industry group
18.32%
- Max
- 29.37%
- NGG
- 18.32%
- Q3
- 17.31%
- Median
- 12.55%
- Q1
- 9.24%
- Min
- -0.65%
Operating Margin (TTM)
National Grid (NGG) at 32.60% operates in the top operating margin quartile, ahead of Dominion Energy (D) at 28.75%, which runs around its industry’s norm.
D
Utilities industry group
28.75%
- Max
- 43.52%
- Q3
- 30.09%
- D
- 28.75%
- Median
- 23.50%
- Q1
- 16.61%
- Min
- 0.00%
NGG
Utilities industry group
32.60%
- Max
- 43.52%
- NGG
- 32.60%
- Q3
- 30.09%
- Median
- 23.50%
- Q1
- 16.61%
- Min
- 0.00%
Profitability Metrics
| Metric | D | NGG |
|---|---|---|
| ROE (TTM) | 9.79% | 8.41% |
| ROA (TTM) | 3.09% | 3.01% |
| Net Margin (TTM) | 16.93% | 18.32% |
| Operating Margin (TTM) | 28.75% | 32.60% |
| Gross Margin (TTM) | 47.26% | 100.00% |
Growth
Revenue Growth
Dominion Energy (D) at 14.16% sits in the top revenue growth quartile, while National Grid (NGG) at -3.76% is in the bottom quartile, showing a clear gap in revenue momentum.
EPS Growth
Only one side can be read here: Dominion Energy (D) reports EPS growth of 39.78%, ranked against its industry; National Grid (NGG) has no EPS growth figure this period.
Growth Metrics
| Metric | D | NGG |
|---|---|---|
| Revenue Growth (YoY) | 14.16% | -3.76% |
| Revenue Growth (3Y CAGR) | 5.80% | -6.53% |
| EPS Growth (YoY) | 39.78% | -- |
| EPS Growth (3Y CAGR) | 46.26% | -30.59% |
Financial Strength
Current Ratio (MRQ)
Both Dominion Energy (D) at 0.78 and National Grid (NGG) at 0.76 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
D
Utilities industry group
0.78
- Max
- 1.74
- Q3
- 1.16
- Median
- 0.90
- D
- 0.78
- Q1
- 0.65
- Min
- 0.33
NGG
Utilities industry group
0.76
- Max
- 1.74
- Q3
- 1.16
- Median
- 0.90
- NGG
- 0.76
- Q1
- 0.65
- Min
- 0.33
Debt / Equity (MRQ)
Both Dominion Energy (D) at 1.55 and National Grid (NGG) at 1.21 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
D
Utilities industry group
1.55
- Max
- 3.02
- Q3
- 1.79
- D
- 1.55
- Median
- 1.33
- Q1
- 0.85
- Min
- 0.00
NGG
Utilities industry group
1.21
- Max
- 3.02
- Q3
- 1.79
- Median
- 1.33
- NGG
- 1.21
- Q1
- 0.85
- Min
- 0.00
Financial Strength Metrics
| Metric | D | NGG |
|---|---|---|
| Current Ratio (MRQ) | 0.78 | 0.76 |
| Debt / Equity (MRQ) | 1.55 | 1.21 |
| Net Debt / EBITDA | 6.29 | 6.39 |
Dividends
Dividend Yield (TTM)
Dominion Energy (D) at 3.79% offers top-quartile income, while National Grid (NGG) at 0.59% sits in the bottom quartile — a wide gap in cash returned to shareholders.
D
Utilities industry group
3.79%
- Max
- 5.79%
- D
- 3.79%
- Q3
- 3.68%
- Median
- 2.87%
- Q1
- 1.91%
- Min
- 0.00%
NGG
Utilities industry group
0.59%
- Max
- 5.79%
- Q3
- 3.68%
- Median
- 2.87%
- Q1
- 1.91%
- NGG
- 0.59%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
National Grid (NGG) at 71.18% pays out a band-typical share of earnings, while Dominion Energy (D) at 78.76% distributes more than its industry norm — less retained, thinner cover.
D
Utilities industry group
78.76%
- Max
- 116.67%
- D
- 78.76%
- Q3
- 73.40%
- Median
- 58.69%
- Q1
- 36.87%
- Min
- 0.00%
NGG
Utilities industry group
71.18%
- Max
- 116.67%
- Q3
- 73.40%
- NGG
- 71.18%
- Median
- 58.69%
- Q1
- 36.87%
- Min
- 0.00%
Dividend Metrics
| Metric | D | NGG |
|---|---|---|
| Dividend Yield (TTM) | 3.79% | 0.59% |
| Dividend Payout Ratio (TTM) | 78.76% | 71.18% |
Valuation
P/E Ratio (TTM)
Both Dominion Energy (D) at 20.60 and National Grid (NGG) at 19.08 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
D
Utilities industry group
20.60
- Max
- 30.81
- Q3
- 23.97
- Median
- 20.72
- D
- 20.60
- Q1
- 16.62
- Min
- 6.52
NGG
Utilities industry group
19.08
- Max
- 30.81
- Q3
- 23.97
- Median
- 20.72
- NGG
- 19.08
- Q1
- 16.62
- Min
- 6.52
P/S Ratio (TTM)
Dominion Energy (D) at 3.52 is priced about in line with its industry on P/S ratio, while National Grid (NGG) at 4.62 sits in the pricier quartile — NGG costs more per dollar of sales.
D
Utilities industry group
3.52
- Max
- 6.28
- Q3
- 3.59
- D
- 3.52
- Median
- 2.76
- Q1
- 1.67
- Min
- 0.00
NGG
Utilities industry group
4.62
- Max
- 6.28
- NGG
- 4.62
- Q3
- 3.59
- Median
- 2.76
- Q1
- 1.67
- Min
- 0.00
P/B Ratio (MRQ)
Dominion Energy (D) at 2.18 sits near its industry’s typical P/B ratio, while National Grid (NGG) at 9.47 prices above its benchmark range — NGG looks rich relative to book.
D
Utilities industry group
2.18
- Max
- 3.32
- Q3
- 2.37
- D
- 2.18
- Median
- 1.86
- Q1
- 1.45
- Min
- 0.36
NGG
Utilities industry group
9.47
- NGG
- 9.47
- Max
- 3.32
- Q3
- 2.37
- Median
- 1.86
- Q1
- 1.45
- Min
- 0.36
Valuation Metrics
| Metric | D | NGG |
|---|---|---|
| P/E Ratio (TTM) | 20.60 | 19.08 |
| P/S Ratio (TTM) | 3.52 | 4.62 |
| P/B Ratio (MRQ) | 2.18 | 9.47 |
| Free Cash Flow Yield (TTM) | -16.19% | -3.83% |