Sifting through countless of stocks in the Multi-Utilities industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Consolidated Edison, Inc. or National Grid plc because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Consolidated Edison, Inc. and National Grid plc compare based on key financial metrics to determine which better meets your investment needs.

About Consolidated Edison, Inc. and National Grid plc

Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,490 customers in parts of Manhattan. It also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.1 million customers in southeastern New York. In addition, the company operates 552 circuit miles of transmission lines; 16 transmission substations; 63 distribution substations; 89,675 in-service line transformers; 3,764 pole miles of overhead distribution lines; and 2,417 miles of underground distribution lines, as well as 4,374 miles of mains and 379, 939 service lines for natural gas distribution. Further, it invests in electric and gas transmission projects. The company primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.

National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in East and West Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

Latest Multi-Utilities and Consolidated Edison, Inc., National Grid plc Stock News

As of July 31, 2026, Consolidated Edison, Inc. had a $40.1 billion market capitalization, compared to the Multi-Utilities median of $28.4 million. Consolidated Edison, Inc.’s stock is up 9.6% in 2026, down 3.7% in the previous five trading days and up 6.1% in the past year.

Currently, Consolidated Edison, Inc.’s price-earnings ratio is 18.3. Consolidated Edison, Inc.’s trailing 12-month revenue is $17.2 billion with a 12.5% net profit margin. Year-over-year quarterly sales growth most recently was 6.2%. Analysts expect adjusted earnings to reach $6.112 per share for the current fiscal year. Consolidated Edison, Inc. currently has a 3.3% dividend yield.

As of July 31, 2026, National Grid plc had a $79.6 billion market cap, putting it in the 96th percentile of all stocks. National Grid plc’s stock is up 3.4% in 2026, down 2.8% in the previous five trading days and up 13.93% in the past year.

Currently, National Grid plc’s price-earnings ratio is 92.9. National Grid plc’s trailing 12-month revenue is $23.4 billion with a 18.3% net profit margin. Year-over-year quarterly sales growth most recently was 4.2%. There are no analysts providing consensus earnings estimates for the current fiscal year. National Grid plc does not currently pay a dividend.

How We Compare Consolidated Edison, Inc. and National Grid plc Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Consolidated Edison, Inc. and National Grid plc’s stock grades to see how they measure up against one another.

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Consolidated Edison, Inc. and National Grid plc Stock Value Grades

Company	Ticker	Value
Consolidated Edison, Inc.	ED	C
National Grid plc	NGG	F

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection.

Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Value Grade derives from a stock’s value score. The Value Score is the percentile rank of the average of the percentile ranks of the price-to-sales ratio, price-earnings ratio, enterprise-value-to-EBITDA (EV/EBITDA) ratio, shareholder yield, price-to-book-value ratio and price-to-free-cash-flow ratio. The score is variable, meaning it can consider all six ratios or, should any of the six ratios not be valid, the remaining ratios that are valid. To be assigned a Value Score, stocks must have a valid (non-null) ratio and corresponding ranking for at least two of the six valuation ratios.

Stocks with a Value Score from 81 to 100 are considered deep value, those with a score between 61 and 80 are a good value and so on.

Consolidated Edison, Inc. has a Value Score of 53, which is Average. National Grid plc has a Value Score of 8, which is Ultra Expensive.

The Value Stock Winner: No Clear Winner

Neither Consolidated Edison, Inc. or National Grid plc has a high enough value grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolio. It’s important to look at a wide range of financial metrics in order to determine if Consolidated Edison, Inc. or National Grid plc is the better investment when it comes to value.

Consolidated Edison, Inc. and National Grid plc’s Quality Grades

Company	Ticker	Quality
Consolidated Edison, Inc.	ED	C
National Grid plc	NGG	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Consolidated Edison, Inc. has a Quality Score of 45, which is Average. National Grid plc has a Quality Score of 48, which is Average.

The Quality Stock Winner: No Clear Winner

Neither Consolidated Edison, Inc. or National Grid plc has a high enough Quality Grade to be considered a “winner.” Investors who are considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Consolidated Edison, Inc. or National Grid plc is the better investment when it comes to quality.

Consolidated Edison, Inc. and National Grid plc’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Consolidated Edison, Inc.	ED	D
National Grid plc	NGG	na

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Consolidated Edison, Inc. has a Earnings Estimate Score of 33, which is Negative. National Grid plc does not have a meaningful Earnings Estimate Score.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Consolidated Edison, Inc. or National Grid plc has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Consolidated Edison, Inc. or National Grid plc is the better investment when it comes to estimate revisions.

Other Consolidated Edison, Inc. and National Grid plc Grades

In addition to Value, Estimate Revisions and Quality, A+ Investor also provides grades for Growth and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Consolidated Edison, Inc. and National Grid plc pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Consolidated Edison, Inc. or National Grid plc Stock?

Overall, Consolidated Edison, Inc. stock has a Value Score of 53, Estimate Revisions Score of 33 and Quality Score of 45.

National Grid plc stock has a Value Score of 8, Estimate Revisions Score of and Quality Score of 48.

Comparing Consolidated Edison, Inc. and National Grid plc’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.