NGG vs. VST: National Grid vs. Vistra Stock Comparison
How do National Grid (NGG) and Vistra (VST) 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
National Grid (NGG) and Vistra (VST) both fall under the Utilities industry group, but NGG is classified in Multi-Utilities while VST is classified in Independent Power and Renewable Electricity Producers.
Vistra (VST) 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 | NGG | VST |
|---|---|---|
| Name | National Grid plc Sponsored ADR | Vistra Corp. |
| Country/Region | United Kingdom | United States |
| GICS Sector | Utilities | Utilities |
| GICS Industry Group | Utilities | Utilities |
| GICS Industry | Multi-Utilities | Independent Power and Renewable Electricity Producers |
| GICS Sub-Industry | Multi-Utilities | Independent Power Producers & Energy Traders |
| Market Capitalization | 83.60 billion USD | 42.31 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | August 10, 2005 | October 5, 2016 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | NGG | VST |
|---|---|---|
| Total Return (1Y) | 13.00% | -30.09% |
| Total Return (3Y, Annualized) | 19.82% | 57.95% |
| Total Return (5Y, Annualized) | 12.34% | 49.55% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | NGG | VST |
|---|---|---|
| Volatility (1Y, Annualized) | 22.32% | 53.39% |
| Beta (5Y) | 0.73 | 1.38 |
| Max Drawdown (5Y) | -39.20% | -48.80% |
| Avg. Volume (3M) | 911.70K | 5.98M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | NGG | VST |
|---|---|---|
| Sharpe Ratio (1Y) | 0.39 | -0.64 |
| Sortino Ratio (1Y) | 0.54 | -0.86 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: National Grid (NGG) earns 10.31% on shareholders’ equity, ranked against its industry; Vistra (VST) has no ROE this period.
NGG
Utilities industry group
10.31%
- Max
- 17.99%
- Q3
- 12.01%
- NGG
- 10.31%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
VST
Utilities industry group
--
- Max
- 17.99%
- Q3
- 12.01%
- Median
- 9.44%
- Q1
- 7.56%
- Min
- 2.17%
- VST
- --
Net Margin (TTM)
National Grid (NGG) at 21.15% retains a top-quartile share of revenue as profit, ahead of Vistra (VST) at 13.15%, which keeps about the industry-typical share.
NGG
Utilities industry group
21.15%
- Max
- 28.78%
- NGG
- 21.15%
- Q3
- 17.30%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
VST
Utilities industry group
13.15%
- Max
- 28.78%
- Q3
- 17.30%
- VST
- 13.15%
- Median
- 12.73%
- Q1
- 9.18%
- Min
- -0.20%
Operating Margin (TTM)
Both National Grid (NGG) at 28.64% and Vistra (VST) at 31.12% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
NGG
Utilities industry group
28.64%
- Max
- 53.83%
- Q3
- 31.12%
- NGG
- 28.64%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
VST
Utilities industry group
31.12%
- Max
- 53.83%
- Q3
- 31.12%
- VST
- 31.12%
- Median
- 23.62%
- Q1
- 15.45%
- Min
- -4.90%
Profitability Metrics
| Metric | NGG | VST |
|---|---|---|
| ROE (TTM) | 10.31% | -- |
| ROA (TTM) | 3.33% | -- |
| Net Margin (TTM) | 21.15% | 13.15% |
| Operating Margin (TTM) | 28.64% | 31.12% |
| Gross Margin (TTM) | 100.00% | 41.52% |
Growth
Revenue Growth
Both National Grid (NGG) at -3.76% and Vistra (VST) at 2.98% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Only one side can be read here: Vistra (VST) reports EPS growth of -69.98%, ranked against its industry; National Grid (NGG) has no EPS growth figure this period.
Growth Metrics
| Metric | NGG | VST |
|---|---|---|
| Revenue Growth (YoY) | -3.76% | 2.98% |
| Revenue Growth (3Y CAGR) | -6.53% | 8.92% |
| EPS Growth (YoY) | -- | -69.98% |
| EPS Growth (3Y CAGR) | -30.59% | -- |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: National Grid (NGG) shows current ratio of 0.62 against its industry benchmark, while Vistra (VST) has no reading this period.
NGG
Utilities industry group
0.62
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- NGG
- 0.62
- Min
- 0.29
VST
Utilities industry group
--
- Max
- 1.90
- Q3
- 1.17
- Median
- 0.88
- Q1
- 0.66
- Min
- 0.29
- VST
- --
Debt / Equity (MRQ)
National Grid (NGG) at 1.32 is near its industry mid-range for debt-to-equity ratio, while Vistra (VST) at 3.73 sits above its benchmark range, pointing to a heavier debt load relative to equity.
NGG
Utilities industry group
1.32
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- NGG
- 1.32
- Q1
- 0.84
- Min
- 0.00
VST
Utilities industry group
3.73
- VST
- 3.73
- Max
- 2.63
- Q3
- 1.77
- Median
- 1.35
- Q1
- 0.84
- Min
- 0.00
Financial Strength Metrics
| Metric | NGG | VST |
|---|---|---|
| Current Ratio (MRQ) | 0.62 | -- |
| Debt / Equity (MRQ) | 1.32 | 3.73 |
| Net Debt / EBITDA | 6.32 | -- |
Dividends
Dividend Yield (TTM)
Both National Grid (NGG) at 0.57% and Vistra (VST) at 0.20% offer bottom-quartile dividend income relative to share price versus industry peers.
NGG
Utilities industry group
0.57%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- NGG
- 0.57%
- Min
- 0.00%
VST
Utilities industry group
0.20%
- Max
- 6.66%
- Q3
- 3.58%
- Median
- 2.85%
- Q1
- 0.66%
- VST
- 0.20%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Vistra (VST) at 15.35% retains more earnings than its industry usually does; National Grid (NGG) at 71.97% distributes an above-typical share — opposite departures from the band, with the risk sitting on NGG’s side.
NGG
Utilities industry group
71.97%
- Max
- 113.04%
- NGG
- 71.97%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- Min
- 0.00%
VST
Utilities industry group
15.35%
- Max
- 113.04%
- Q3
- 68.72%
- Median
- 56.38%
- Q1
- 32.38%
- VST
- 15.35%
- Min
- 0.00%
Dividend Metrics
| Metric | NGG | VST |
|---|---|---|
| Dividend Yield (TTM) | 0.57% | 0.20% |
| Dividend Payout Ratio (TTM) | 71.97% | 15.35% |
Valuation
P/E Ratio (TTM)
Both National Grid (NGG) at 15.54 and Vistra (VST) at 16.80 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
NGG
Utilities industry group
15.54
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- NGG
- 15.54
- Q1
- 15.17
- Min
- 3.34
VST
Utilities industry group
16.80
- Max
- 31.22
- Q3
- 23.30
- Median
- 19.64
- VST
- 16.80
- Q1
- 15.17
- Min
- 3.34
P/S Ratio (TTM)
Vistra (VST) at 2.05 is priced about in line with its industry on P/S ratio, while National Grid (NGG) at 4.46 sits in the pricier quartile — NGG costs more per dollar of sales.
NGG
Utilities industry group
4.46
- Max
- 6.35
- NGG
- 4.46
- Q3
- 3.63
- Median
- 2.63
- Q1
- 1.52
- Min
- 0.00
VST
Utilities industry group
2.05
- Max
- 6.35
- Q3
- 3.63
- Median
- 2.63
- VST
- 2.05
- Q1
- 1.52
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both National Grid (NGG) at 9.36 and Vistra (VST) at 16.10 look expensive — each P/B ratio sits above its industry’s benchmark range.
NGG
Utilities industry group
9.36
- NGG
- 9.36
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
VST
Utilities industry group
16.10
- VST
- 16.10
- Max
- 3.12
- Q3
- 2.21
- Median
- 1.83
- Q1
- 1.46
- Min
- 0.34
Valuation Metrics
| Metric | NGG | VST |
|---|---|---|
| P/E Ratio (TTM) | 15.54 | 16.80 |
| P/S Ratio (TTM) | 4.46 | 2.05 |
| P/B Ratio (MRQ) | 9.36 | 16.10 |
| Free Cash Flow Yield (TTM) | -5.94% | -- |