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NextEra Energy (NEE) vs. National Grid (NGG)

This page compares NextEra Energy (NEE) with National Grid (NGG) using performance and risk, profitability, financial strength, growth, dividends, and valuation metrics.

Company Profile

NextEra Energy (NEE) and National Grid (NGG) both fall under the Utilities industry group, but NEE is classified in Electric Utilities while NGG is classified in Multi-Utilities.

NextEra Energy (NEE) trades as a standard ordinary-equity line, while National Grid (NGG) is an ADR tied to a foreign-share or depositary-receipt structure — compare with FX exposure, program fees, and dividend-withholding-tax differences in mind.

SymbolNEENGG
NameNextEra Energy, Inc.National Grid plc Sponsored ADR
Country/RegionUnited StatesUnited Kingdom
GICS SectorUtilitiesUtilities
GICS Industry GroupUtilitiesUtilities
GICS IndustryElectric UtilitiesMulti-Utilities
GICS Sub-IndustryElectric UtilitiesMulti-Utilities
Market Capitalization176.92 billion USD80.69 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973August 10, 2005
Security TypeCommon StockADR

Valuation

Price-to-Earnings Ratio (TTM)

Both NextEra Energy (NEE) at 21.53 and National Grid (NGG) at 18.34 post Price-to-Earnings Ratio (TTM) near the typical industry midpoint — neither company stands out strongly from peers on trailing earnings multiple.

NEE

Utilities industry group

21.53

Max
30.91
Q3
23.05
Median
19.74
Q1
16.24
Min
6.30

NGG

Utilities industry group

18.34

Max
30.91
Q3
23.05
Median
19.74
Q1
16.24
Min
6.30
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Price-to-Earnings Ratio (TTM) against the Utilities industry group benchmark.

Price-to-Sales Ratio (TTM)

Both NextEra Energy (NEE) at 6.35 and National Grid (NGG) at 4.56 command a richer price per dollar of sales than most peers, sitting in the upper Price-to-Sales Ratio (TTM) quartile of their industries.

NEE

Utilities industry group

6.35

Max
6.35
Q3
3.56
Median
2.54
Q1
1.63
Min
0.00

NGG

Utilities industry group

4.56

Max
6.35
Q3
3.56
Median
2.54
Q1
1.63
Min
0.00
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Price-to-Sales Ratio (TTM) against the Utilities industry group benchmark.

Price-to-Book Ratio (MRQ)

Both look rich against book: NextEra Energy (NEE) at 3.20 sits in the upper Price-to-Book Ratio (MRQ) quartile, and National Grid (NGG) at 8.11 prices even higher, above its industry range.

NEE

Utilities industry group

3.20

Max
3.72
Q3
2.42
Median
1.87
Q1
1.40
Min
0.34

NGG

Utilities industry group

8.11

Max
3.72
Q3
2.42
Median
1.87
Q1
1.40
Min
0.34
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Price-to-Book Ratio (MRQ) against the Utilities industry group benchmark.

Valuation at a Glance

SymbolNEENGG
Price-to-Earnings Ratio (TTM)21.5318.34
Price-to-Sales Ratio (TTM)6.354.56
Price-to-Book Ratio (MRQ)3.208.11
Free Cash Flow Yield-10.43%-3.87%

Profitability

Return on Equity (TTM)

Both NextEra Energy (NEE) at 10.33% and National Grid (NGG) at 8.41% post Return on Equity (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on this measure.

NEE

Utilities industry group

10.33%

Max
16.11%
Q3
11.15%
Median
9.46%
Q1
7.50%
Min
2.67%

NGG

Utilities industry group

8.41%

Max
16.11%
Q3
11.15%
Median
9.46%
Q1
7.50%
Min
2.67%
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Return on Equity (TTM) against the Utilities industry group benchmark.

Net Profit Margin (TTM)

For every dollar of sales, both NextEra Energy (NEE) at 29.37% and National Grid (NGG) at 18.32% retain more as net profit than most peers, landing in the top Net Profit Margin (TTM) quartile of their industries.

NEE

Utilities industry group

29.37%

Max
29.37%
Q3
17.31%
Median
12.55%
Q1
9.24%
Min
-0.65%

NGG

Utilities industry group

18.32%

Max
29.37%
Q3
17.31%
Median
12.55%
Q1
9.24%
Min
-0.65%
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Net Profit Margin (TTM) against the Utilities industry group benchmark.

Operating Profit Margin (TTM)

Both NextEra Energy (NEE) at 30.18% and National Grid (NGG) at 32.60% squeeze more operating profit from each sales dollar than most peers, ranking in the top Operating Profit Margin (TTM) quartile of their industries.

NEE

Utilities industry group

30.18%

Max
43.52%
Q3
30.09%
Median
23.50%
Q1
16.61%
Min
0.00%

NGG

Utilities industry group

32.60%

Max
43.52%
Q3
30.09%
Median
23.50%
Q1
16.61%
Min
0.00%
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Operating Profit Margin (TTM) against the Utilities industry group benchmark.

Profitability at a Glance

SymbolNEENGG
Return on Equity (TTM)10.33%8.41%
Return on Assets (TTM)2.41%3.01%
Net Profit Margin (TTM)29.37%18.32%
Operating Profit Margin (TTM)30.18%32.60%
Gross Profit Margin (TTM)61.40%100.00%

Growth

Revenue Growth

NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Revenue Growth across different time periods.

Revenue Growth at a Glance

SymbolNEENGG
1-Year Revenue Growth10.74%-3.76%
3-Year Revenue CAGR9.36%-6.53%

EPS Growth

NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their EPS Growth across different time periods.

EPS Growth at a Glance

SymbolNEENGG
1-Year EPS Growth-2.63%--
3-Year EPS CAGR16.28%-30.59%

Financial Strength

Current Ratio (MRQ)

National Grid (NGG) at 0.76 keeps Current Ratio (MRQ) within its industry mid-range, while NextEra Energy (NEE) at 0.54 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NEE.

NEE

Utilities industry group

0.54

Max
1.88
Q3
1.16
Median
0.90
Q1
0.65
Min
0.33

NGG

Utilities industry group

0.76

Max
1.88
Q3
1.16
Median
0.90
Q1
0.65
Min
0.33
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Current Ratio (MRQ) against the Utilities industry group benchmark.

Debt-to-Equity Ratio (MRQ)

Both NextEra Energy (NEE) at 1.57 and National Grid (NGG) at 1.21 post Debt-to-Equity Ratio (MRQ) near their industry mid-ranges, so neither company stands out strongly from peers on leverage.

NEE

Utilities industry group

1.57

Max
3.02
Q3
1.81
Median
1.34
Q1
0.85
Min
0.00

NGG

Utilities industry group

1.21

Max
3.02
Q3
1.81
Median
1.34
Q1
0.85
Min
0.00
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Debt-to-Equity Ratio (MRQ) against the Utilities industry group benchmark.

Financial Strength at a Glance

SymbolNEENGG
Current Ratio (MRQ)0.540.76
Debt-to-Equity Ratio (MRQ)1.571.21
Net Debt / EBITDA7.236.39

Dividends

Dividend Yield (TTM)

Both NextEra Energy (NEE) at 2.94% and National Grid (NGG) at 4.00% report Dividend Yield (TTM) near their industry mid-ranges, so neither company stands out strongly from peers on cash yield relative to share price.

NEE

Utilities industry group

2.94%

Max
6.20%
Q3
4.04%
Median
3.14%
Q1
2.36%
Min
0.00%

NGG

Utilities industry group

4.00%

Max
6.20%
Q3
4.04%
Median
3.14%
Q1
2.36%
Min
0.00%
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Dividend Yield (TTM) against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

Both NextEra Energy (NEE) at 58.95% and National Grid (NGG) at 71.18% maintain Dividend Payout Ratio (TTM) around their industries’ median — balanced dividend policy on both sides, returning cash while leaving part of reported earnings available for reinvestment or balance-sheet flexibility.

NEE

Utilities industry group

58.95%

Max
116.67%
Q3
73.40%
Median
58.69%
Q1
36.87%
Min
0.00%

NGG

Utilities industry group

71.18%

Max
116.67%
Q3
73.40%
Median
58.69%
Q1
36.87%
Min
0.00%
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their Dividend Payout Ratio (TTM) against the Utilities industry group benchmark.

Dividends at a Glance

SymbolNEENGG
Dividend Yield (TTM)2.94%4.00%
Dividend Payout Ratio (TTM)58.95%71.18%

Performance & Risk

NEE
NGG
Loading price history…
NextEra Energy (NEE) vs. National Grid (NGG): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Performance & Risk at a Glance

SymbolNEENGG
1-Year Return19.79%18.04%
1-Year Volatility23.85%21.64%
Beta0.680.78
3-Month Avg. Volume10.36M1.31M