Seek Returns

NEE vs. NGG: NextEra Energy vs. National Grid Stock Comparison

How do NextEra Energy (NEE) 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

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 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.

Company profile comparison for NextEra Energy (NEE) and National Grid (NGG)
Profile ItemNEENGG
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 Capitalization172.19 billion USD82.30 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateFebruary 21, 1973August 10, 2005
Security TypeCommon StockADR

Price Performance

Cumulative Growth

NEE
NGG
GSPC
Loading price history…
NextEra Energy (NEE) vs. National Grid (NGG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…
Trailing total returns for NextEra Energy (NEE) and National Grid (NGG). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…
Calendar-year total returns for NextEra Energy (NEE) and National Grid (NGG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Total Return (1Y)1.45%11.10%
Total Return (3Y, Annualized)20.33%19.67%
Total Return (5Y, Annualized)2.15%12.12%

Risk Profile

Drawdown History

NEE
NGG
GSPC
Loading price history…
NextEra Energy (NEE) vs. National Grid (NGG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…
Distribution of monthly total returns for NextEra Energy (NEE) and National Grid (NGG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

NextEra Energy (NEE) is heavily traded at around 11.67M shares per day, whereas National Grid (NGG) sees a more moderate 855.32K — larger orders in the latter may require more patience and tighter control over order sizing.

Risk profile metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Volatility (1Y, Annualized)21.26%21.79%
Beta (5Y)0.610.74
Max Drawdown (5Y)-44.97%-39.20%
Avg. Volume (3M)11.67M855.32K

Risk-Adjusted Performance

Risk-Return Positioning

Loading chart…
NEE and NGG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Sharpe Ratio (1Y)-0.140.31
Sortino Ratio (1Y)-0.200.42

Profitability

ROE (TTM)

NextEra Energy (NEE) at 14.06% sits in the top ROE quartile, while National Grid (NGG) at 8.41% is closer to the peer norm — stronger capital efficiency for NEE.

NEE

Utilities industry group

14.06%

Max
17.16%
NEE
14.06%
Q3
11.89%
Median
9.47%
Q1
7.62%
Min
2.49%

NGG

Utilities industry group

8.41%

Max
17.16%
Q3
11.89%
Median
9.47%
NGG
8.41%
Q1
7.62%
Min
2.49%
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their ROE against the Utilities industry group benchmark.

Net Margin (TTM)

NextEra Energy (NEE) at 40.37% keeps the most of each sales dollar — above its industry’s net margin range — and National Grid (NGG) at 18.32% also retains a top-quartile share.

NEE

Utilities industry group

40.37%

NEE
40.37%
Max
26.86%
Q3
16.49%
Median
12.58%
Q1
8.58%
Min
-1.02%

NGG

Utilities industry group

18.32%

Max
26.86%
NGG
18.32%
Q3
16.49%
Median
12.58%
Q1
8.58%
Min
-1.02%
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their net margin against the Utilities industry group benchmark.

Operating Margin (TTM)

Both NextEra Energy (NEE) at 33.00% and National Grid (NGG) at 32.60% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

NEE

Utilities industry group

33.00%

Max
46.87%
NEE
33.00%
Q3
27.04%
Median
21.61%
Q1
13.62%
Min
-4.80%

NGG

Utilities industry group

32.60%

Max
46.87%
NGG
32.60%
Q3
27.04%
Median
21.61%
Q1
13.62%
Min
-4.80%
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their operating margin against the Utilities industry group benchmark.

Profitability Metrics

Profitability metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
ROE (TTM)14.06%8.41%
ROA (TTM)2.41%3.01%
Net Margin (TTM)40.37%18.32%
Operating Margin (TTM)33.00%32.60%
Gross Margin (TTM)60.17%100.00%

Growth

Revenue Growth

NextEra Energy (NEE) at 10.74% is around its peer norm for revenue growth, while National Grid (NGG) at -3.76% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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

EPS Growth

Only one side can be read here: NextEra Energy (NEE) reports EPS growth of -2.63%, ranked against its industry; National Grid (NGG) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Revenue Growth (YoY)10.74%-3.76%
Revenue Growth (3Y CAGR)9.36%-6.53%
EPS Growth (YoY)-2.63%--
EPS Growth (3Y CAGR)16.28%-30.59%

Financial Strength

Current Ratio (MRQ)

National Grid (NGG) at 0.76 keeps current ratio within its industry’s typical mid-range, while NextEra Energy (NEE) at 0.53 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for NEE.

NEE

Utilities industry group

0.53

Max
1.71
Q3
1.14
Median
0.86
Q1
0.61
NEE
0.53
Min
0.32

NGG

Utilities industry group

0.76

Max
1.71
Q3
1.14
Median
0.86
NGG
0.76
Q1
0.61
Min
0.32
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their current ratio against the Utilities industry group benchmark.

Debt / Equity (MRQ)

Both NextEra Energy (NEE) at 1.53 and National Grid (NGG) at 1.21 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

NEE

Utilities industry group

1.53

Max
2.63
Q3
1.78
NEE
1.53
Median
1.35
Q1
0.84
Min
0.00

NGG

Utilities industry group

1.21

Max
2.63
Q3
1.78
Median
1.35
NGG
1.21
Q1
0.84
Min
0.00
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their debt-to-equity ratio against the Utilities industry group benchmark.

Financial Strength Metrics

Financial strength metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Current Ratio (MRQ)0.530.76
Debt / Equity (MRQ)1.531.21
Net Debt / EBITDA8.096.39

Dividends

Dividend Yield (TTM)

NextEra Energy (NEE) at 2.97% pays a yield in its industry’s typical range, while National Grid (NGG) at 0.59% falls in the bottom quartile of its peers.

NEE

Utilities industry group

2.97%

Max
5.98%
Q3
3.83%
NEE
2.97%
Median
2.97%
Q1
2.06%
Min
0.00%

NGG

Utilities industry group

0.59%

Max
5.98%
Q3
3.83%
Median
2.97%
Q1
2.06%
NGG
0.59%
Min
0.00%
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their dividend yield against the Utilities industry group benchmark.

Dividend Payout Ratio (TTM)

NextEra Energy (NEE) at 43.89% pays out a band-typical share of earnings, while National Grid (NGG) at 71.97% distributes more than its industry norm — less retained, thinner cover.

NEE

Utilities industry group

43.89%

Max
108.33%
Q3
70.27%
Median
57.65%
NEE
43.89%
Q1
31.45%
Min
0.00%

NGG

Utilities industry group

71.97%

Max
108.33%
NGG
71.97%
Q3
70.27%
Median
57.65%
Q1
31.45%
Min
0.00%
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their payout ratio against the Utilities industry group benchmark.

Dividend Metrics

Dividend metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
Dividend Yield (TTM)2.97%0.59%
Dividend Payout Ratio (TTM)43.89%71.97%

Valuation

P/E Ratio (TTM)

NextEra Energy (NEE) at 14.79 sits in the cheaper P/E ratio quartile, while National Grid (NGG) at 18.65 is closer to its industry’s usual earnings multiple — a discount for NEE, though growth and earnings durability still matter.

NEE

Utilities industry group

14.79

Max
35.50
Q3
23.33
Median
20.75
Q1
15.19
NEE
14.79
Min
4.49

NGG

Utilities industry group

18.65

Max
35.50
Q3
23.33
Median
20.75
NGG
18.65
Q1
15.19
Min
4.49
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their P/E ratio against the Utilities industry group benchmark.

P/S Ratio (TTM)

Both NextEra Energy (NEE) at 5.97 and National Grid (NGG) at 4.65 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

NEE

Utilities industry group

5.97

Max
6.19
NEE
5.97
Q3
3.56
Median
2.80
Q1
1.57
Min
0.00

NGG

Utilities industry group

4.65

Max
6.19
NGG
4.65
Q3
3.56
Median
2.80
Q1
1.57
Min
0.00
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their P/S ratio against the Utilities industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: NextEra Energy (NEE) at 2.80 sits in the upper P/B ratio quartile, and National Grid (NGG) at 9.28 prices even higher, above its industry range.

NEE

Utilities industry group

2.80

Max
3.02
NEE
2.80
Q3
2.19
Median
1.82
Q1
1.40
Min
0.28

NGG

Utilities industry group

9.28

NGG
9.28
Max
3.02
Q3
2.19
Median
1.82
Q1
1.40
Min
0.28
Loading chart…
NextEra Energy (NEE) vs. National Grid (NGG): A comparison of their P/B ratio against the Utilities industry group benchmark.

Valuation Metrics

Valuation metrics for NextEra Energy (NEE) and National Grid (NGG)
MetricNEENGG
P/E Ratio (TTM)14.7918.65
P/S Ratio (TTM)5.974.65
P/B Ratio (MRQ)2.809.28
Free Cash Flow Yield (TTM)-12.32%-3.80%