Home Compare ETR vs NG.L
Stock Comparison · Industry comparison · Utilities - Regulated Electric

Entergy vs National Grid: Which Stock Looks Stronger in 2026?

The structural profiles are close, with Entergy carrying a narrow edge on profitability. The remaining gap is narrow enough that the comparison remains open to different readings. The market setup broadly confirms the structural lead — Entergy holds the more constructive position. That puts structure and market broadly in agreement — Entergy's lead looks more confirmed than conflicted.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (ETR: S&P 500, NG.L: STOXX 600).

Updated 2026-08-16

The overall separation remains limited, with no one area creating a decisive distance.

INDUSTRY COMPARISON

Both operate in: Utilities - Regulated Electric

This comparison is based on industry proximity, not on functional trajectory similarity. ETR and NG.L share the same industry classification.

For a similarity-based comparison, see how Entergy and National Grid each position within their functional peer groups in AssetNext.

Peer-Relative Score
ETR
Entergy Corporation
49
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
NG.L
National Grid plc
47
Peer-Score
Signal qualitylow
Peer basis: STOXX 600

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: ETR vs NG.L Profitability 49 39 Stability 42 37 Valuation 53 61 Growth 50 47 ETR NG.L
Gap Ranking
#1 Profitability +10
#2 Valuation +8
#3 Stability +5
#4 Growth +3
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for ETR and NG.L Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer ETRNG.L Relative valuation Structural strength

Structure stays fairly close here, while current pricing still looks more supportive for National Grid plc.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Profitability
Entergy Corporation sits higher in the group on profitability, adding to the overall structural advantage.
Valuation
Entergy Corporation holds the stronger peer position on valuation.
Profitability — Dominant Gap
ETR
49
NG.L
39
Gap+10in favour of ETR

The profitability gap is visible, with the stronger side earning materially better operating marks.

What keeps the gap from being one-sided

Absolute pricing still looks more supportive for National Grid, with a forward P/E that is 8.9 turns lower there.

What this means for the comparison

The lead is visible, but it is still concentrated in one main area.

Explore full peer positioning in AssetNext

Break down the ETR vs NG.L comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other close comparisons

Explore how ETR and NG.L each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.