StockDecksNational Grid vs SSE
National Grid plc (NG.L) and SSE plc (SSE.L) · Utilities
As of 24 October 2026, National Grid has a StockDecks Fundamental Score of +20 (grade B) and SSE +4 (grade B−), on a −100 to +100 scale. National Grid rates higher on Profitability, Growth and Valuation; SSE rates higher on Financial Health.
| Rating | NG.L | SSE.L |
|---|---|---|
| Fundamental Score | +20Grade B | +4Grade B− |
| Financial Health | -27 | -19 |
| Profitability | +47 | +24 |
| Growth | +44 | +38 |
| Valuation | +17 | -28 |
Both companies are measured against the same Utilities benchmarks, so their scores compare directly. Scores describe each company as it stands; they are not forecasts or recommendations.
The measures side by side
Each figure is the latest reported value; the number beneath is how it scores on the −100 to +100 scale. A dash means no genuine figure is available. Tap a measure’s name for a plain-English explanation.
Financial Health
| Measure | NG.L | SSE.L |
|---|---|---|
| Debt to equity | 1.21×+26 | 0.62×+79 |
| Current ratio | 0.76×-42 | 1.2×+18 |
| Quick ratio | 0.65×-27 | 0.7×-19 |
| FCF / Total debt | -0.07×-93 | -0.22×-96 |
Profitability
| Measure | NG.L | SSE.L |
|---|---|---|
| Gross margin | 100%+99 | 37.1%+77 |
| Operating margin | 32.6%+92 | 23.2%+28 |
| Net margin | 18.3%+91 | 11.9%+24 |
| Return on equity | 8.4%-14 | 9.7%-3 |
| Gross profit / assets | 13%-20 | 10.7%-26 |
| Asset turnover | 0.16× | 0.29× |
Growth
| Measure | NG.L | SSE.L |
|---|---|---|
| Revenue growth (YoY) | 2%0 | -2.1%-74 |
| Earnings growth (YoY) | 14.4%+92 | 27.8%+97 |
| Earnings growth (Q) | 16.4%+41 | 37.4%+92 |
Valuation
| Measure | NG.L | SSE.L |
|---|---|---|
| P/E (trailing) | 18.5×-4 | 24.02×-54 |
| Forward P/E | 12.5×+84 | 1192.92×-100 |
| PEG ratio | 1.05×+58 | 0.78×+90 |
| Price/Book | 1.55×+65 | 240.19×-100 |
| Price/Sales | 3.47×+46 | 3.01×+60 |
| EV/EBITDA | 15.04×0 | 14.62×+5 |
| FCF yield | -5.1%-96 | -7.4%-97 |
Key figures
| NG.L | SSE.L | |
|---|---|---|
| Industry | Utilities - Regulated Electric | Utilities - Diversified |
| Market cap | £61.4B | £30.6B |
| Dividend yield | 3.97% | 2.72% |
| Payout ratio | 72.11% | 61.10% |
| Beta | 0.58 | 0.56 |
About the companies
National Grid. National Grid plc engages in the transmission and distribution of electricity and gas. Full National Grid rating
SSE. SSE plc engages in the generation, transmission, distribution, and supply of electricity. Full SSE rating
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These figures were captured on 24 October 2026. StockDecks shows the current numbers, plus Hype, Analyst Upside, Trend Signals and Insider Track, all free.