National Grid plc NGG NYSE

National Grid plc (NGG) has shown moderate revenue growth over the past 3 years, expanding from $18.4B to $18.4B (average +0.5%/yr). Net income reached $2.9B, reflecting exceptional earnings expansion at +62.5%/yr on average. The net profit margin is 15.8%, which is high. The company has maintained profitability in all 4 of the past 4 years, demonstrating a consistent earnings track record. The gross margin is 77.4% (high), with a +15.5pp trend over the period. With a $88B market cap and MOAT composite score of 84/100, the company has a strong competitive position.

Criteria proven by this page:

• GROWTH (73/100, Partial) — growth is present but not consistently above 5% across both metrics
• PAST (100/100, Pass) — proving consistent earnings. Looking at the full 33-year history, the company was profitable in 32 of 33 years — an excellent long-term track record
• INCOME (70/100, Pass) — proves strong profitability and pricing power
• MOAT (84/100, Pass) — strong gross margins and market scale prove a durable competitive advantage

Overall SharesGrow Score: 63/100 with 4/7 criteria passed.