ETR vs NGG vs ED Stock Comparison

Entergy, National Grid and Consolidated Edison Prices as of Oct 26, 2026 Peers: Industry group
ETR Entergy Corp /De/
$107.51 +9.1% 1M +11.3% 1Y
Market cap
$49.52B
P/E
27.6x
Revenue (TTM)
$13.48B
Div. yield
0.02%
Regulated Electric Utilities Utilities
3 wins
NGG National Grid Plc
$81.77 +8.4% 1M +6.3% 1Y
Market cap
$80.62B
P/E
18.6x
Revenue (TTM)
—
Div. yield
–
Regulated Electric Utilities Utilities
4 wins
ED Consolidated Edison Inc
$115.44 +11.9% 1M +15.4% 1Y
Market cap
$42.33B
P/E
20.9x
Revenue (TTM)
$17.69B
Div. yield
0.03%
Regulated Electric Utilities Utilities
5 wins

Head to Head

12 decided of 12

Consolidated Edison leads on 5 of the 12 questions below (Consolidated Edison 5, National Grid 4, Entergy 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionETRNGGEDLeader
Larger companyMarket capitalisation $49.52B $80.62B $42.33B NGG
Cheaper on earningsLower P/E, profitable companies only 27.6x 18.6x 20.9x NGG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.4x 14.0x 18.2x NGG
Faster revenue growthRevenue growth, trailing twelve months +9.5% — +9.5% ETR
More profitableNet margin, trailing twelve months 13.3% — 11.5% ETR
Better return on capitalReturn on invested capital 4.7% — 9.1% ED
Less leveragedLower net debt / EBITDA 5.4x — -0.1x ED
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.03% ED
Better 1-year returnPrice return, last 12 months +11.3% +6.3% +15.4% ED
Better 5-year returnAnnualised price return, 5 years +15.8%/yr +5.0%/yr +8.7%/yr ETR
Less volatileAnnualised volatility, 1 year 20.5% 22.5% 18.0% ED
Higher overall scoreMean of the five percentile scores vs peers 38/100 73/100 53/100 NGG

Percentile Scorecard

ETRNGGED

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisETRNGGED
Valuation 14 #58 of 67 55 #31 of 67 80 #14 of 67
Growth 38 #41 of 65 – 30 #46 of 65
Profitability 60 #26 of 64 – 33 #43 of 64
Financial Health 44 #36 of 64 76 #16 of 64 89 #8 of 64
Shareholder Returns 35 #44 of 67 89 #8 of 67 33 #45 of 67
Overall 38 73 53
  • ETR ranked among 67 companies in Regulated Utilities
  • NGG ranked among 67 companies in Regulated Utilities
  • ED ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodETRNGGEDSPY
1 month +9.1%+8.4%+11.9% -0.8%
3 months -5.5%+0.7%+3.6% +3.5%
6 months -5.2%-6.3%+6.1% +7.0%
Year to date +16.3%+5.7%+16.2% +12.2%
1 year +11.3%+6.3%+15.4% +13.0%
3 years +135.3%+36.6%+32.0% +86.3%
3 years, per year +33.0%+11.0%+9.7% +23.1%
5 years +108.5%+27.6%+51.9% +68.6%
5 years, per year +15.8%+5.0%+8.7% +11.0%
10 years +197.5%+15.9%+56.3% +258.0%
10 years, per year +11.5%+1.5%+4.6% +13.6%

Risk

MeasureETRNGGEDSPY
Volatility, 1Y 20.5%22.5%18.0% 12.7%
Downside volatility, 1Y 21.0%24.2%17.7% 12.7%
Beta vs S&P 500, 1Y 0.170.31-0.51 1.00
Return / volatility, 1Y 0.550.280.85 1.02
Max drawdown, 5Y -29.4%-40.9%-22.0% -25.4%
From 52-week high -8.8%-12.9%-0.7% -1.8%
52-week high $117.91$93.93$116.25 $779.14
52-week low $91.19$73.54$95.41 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleETRNGGED
P/E now vs peer median 27.4xmedian 20.8x 18.6xmedian 20.8x 21.0xmedian 20.8x
P/S now vs peer median 3.7xmedian 2.9x 3.6xmedian 2.9x 2.4xmedian 2.9x
EV/EBITDA now vs peer median 14.2xmedian 13.1x —median 13.1x 7.6xmedian 13.1x
P/FCF now vs peer median -16.9xmedian 36.7x -29.4xmedian 36.7x -49.5xmedian 36.7x
P/B now vs peer median 2.7xmedian 1.7x 1.6xmedian 1.7x 1.7xmedian 1.7x
PEG now vs peer median 4.50median 2.23 —median 2.23 -2.55median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsETRNGGED
Revenue $13.48B – $17.69B
Gross profit – – $9.44B
Operating income $3.09B – $3.18B
Net income $1.82B – $2.22B
Free cash flow -$2.97B – -$862.00M
EPS (diluted) $3.85 – $5.48
Cash & equivalents $3.85B $493.98M $1.47B
Total debt $34.63B $61.59B $5.26B
Shares (diluted) 466.31M 994.20M 370.00M
Enterprise value $38.65B $52.92B $38.90B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricETRNGGED
P/E 27.4x 18.6x 21.0x
P/FCF -16.9x -29.4x -49.5x
P/Operating cash flow 8.3x – 10.8x
P/S 3.7x 3.6x 2.4x
P/B 2.7x 1.6x 1.7x
P/Tangible book 2.7x 1.8x 1.7x
EV/EBITDA 14.2x – 7.6x
EV/EBIT 26.2x – 13.3x
EV/Revenue 6.0x – 2.4x
EV/FCF -27.2x – -48.9x
EV/Operating cash flow 13.3x – 10.7x
PEG (3Y EPS CAGR) 4.50 – -2.55

Growth

14 metrics
MetricETRNGGED
Revenue growth (1Y) 9.5% – 9.5%
Revenue CAGR (3Y) 0.4% – 4.4%
Gross profit growth (1Y) – – 9.4%
Gross profit CAGR (3Y) – – 7.5%
Operating income growth (1Y) -7.4% – 12.9%
Operating income CAGR (3Y) 5.6% – -2.8%
Net income growth (1Y) 2.8% – 14.6%
Net income CAGR (3Y) 10.2% – -3.5%
EPS growth (1Y) -2.4% – 2.4%
EPS CAGR (3Y) 6.1% – -8.2%
Operating cash flow growth (1Y) 28.2% – -12.5%
Operating cash flow CAGR (3Y) 19.1% – 8.0%
Free cash flow growth (1Y) -29.7% – -210.1%
Free cash flow CAGR (3Y) -39.7% – 12.8%

Profitability

14 metrics
MetricETRNGGED
Gross margin – – 53.4%
EBITDA margin 42.2% – 31.6%
Operating margin 22.9% – 18.0%
Pretax margin 17.0% – 16.4%
Net margin 13.3% – 11.5%
FCF margin -22.1% – -4.9%
Operating cash flow margin 45.1% – 22.4%
Return on equity 10.2% – 8.6%
Return on assets 2.3% – 2.9%
Return on invested capital 4.7% – 9.1%
Return on capital employed 4.5% – 4.5%
Asset turnover 0.2x – 0.2x
Cash conversion (OCF / net income) 3.3x – 1.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricETRNGGED
Debt / assets 43.8% 43.2% 1.3%
Debt / equity 1.9x 1.2x 0.0x
Net debt / EBITDA 5.4x – -0.1x
Debt / FCF -11.6x – -1.1x
Liabilities / assets 76.8% 63.7% 66.4%
Equity / assets 23.2% 36.3% 33.6%
Interest coverage 2.0x – 2.6x
Current ratio 0.9x 0.8x 1.3x
Quick ratio 0.7x 0.7x 0.8x
Cash ratio 0.4x 0.3x 0.3x
Altman Z-score 1.01 – 1.18

Shareholder Returns

7 metrics
MetricETRNGGED
Dividend yield 2.4% 4.0% 3.0%
Net buyback yield -2.7% – -2.2%
Shareholder yield -0.4% 4.0% 0.8%
Payout ratio (earnings) 62.9% – 54.8%
Payout ratio (FCF) -38.4% – -140.8%
Dividend growth (1Y) 12.5% – 7.7%
Dividend CAGR (3Y) 9.0% – 3.1%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusETRNGGED
Forward P/E 23.4xFY2026 14.0xFY2026 18.2xFY2026
EPS, next fiscal year $4.59FY2026 $5.86FY2026 $6.36FY2026
EPS growth, next FY +17.4%FY2026 +11.4%FY2026 +11.6%FY2026
EPS growth, the year after +13.9% +8.9% -2.4%
Revenue, next fiscal year $13.48BFY2026 $25.38BFY2026 $16.78BFY2026
Revenue growth, next FY +4.1%FY2026 +6.4%FY2026 -0.8%FY2026
Revenue growth, the year after +8.5% +8.6% +6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersETRNGGED
Held by institutions 97.8% 6.2% 76.0%
Institutions holding 1,330 617 1,431
Change in shares held, QoQ +6.1% +6.6% +6.7%
Institutions buying 694 352 755
Institutions selling 411 159 385
Buyers to sellers 1.69 2.21 1.96

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ETRNGGED
ETR 1.00 0.51 0.53
NGG 0.51 1.00 0.52
ED 0.53 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ETR, NGG and ED?

National Grid (NGG) is the largest by market capitalisation: Entergy (ETR) $49.52B, National Grid (NGG) $80.62B, Consolidated Edison (ED) $42.33B.

Which stock is cheaper, ETR, NGG and ED?

National Grid (NGG) trades on the lowest price-to-earnings ratio (Entergy (ETR) 27.6x, National Grid (NGG) 18.6x, Consolidated Edison (ED) 20.9x). On next year's consensus earnings, National Grid (NGG) is cheapest (Entergy (ETR) 23.4x, National Grid (NGG) 14.0x, Consolidated Edison (ED) 18.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Entergy (ETR) grew revenue fastest over the trailing twelve months: Entergy (ETR) +9.5%, Consolidated Edison (ED) +9.5%.

Which company is more profitable?

Entergy (ETR) has the highest net margin (Entergy (ETR) 13.3%, Consolidated Edison (ED) 11.5%). On return on invested capital, Consolidated Edison (ED) leads (Entergy (ETR) 4.7%, Consolidated Edison (ED) 9.1%).

Which stock has performed better?

Over the past year Consolidated Edison (ED) returned the most: Entergy (ETR) +11.3%, National Grid (NGG) +6.3%, Consolidated Edison (ED) +15.4%. Over five years, Entergy (ETR) compounded fastest (Entergy (ETR) +15.8%/yr, National Grid (NGG) +5.0%/yr, Consolidated Edison (ED) +8.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Consolidated Edison (ED) has the highest dividend yield: Entergy (ETR) 0.02%, National Grid (NGG) 0.00%, Consolidated Edison (ED) 0.03%. National Grid (NGG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Consolidated Edison (ED) has been the steadiest (Entergy (ETR) 20.5%, National Grid (NGG) 22.5%, Consolidated Edison (ED) 18.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ETR, NGG and ED?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Consolidated Edison (ED) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.