Enbridge (ENB) vs National Grid Transco National Grid (NEW) (NGG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
National Grid Transco National Grid (NEW) (NGG) has outperformed Enbridge (ENB) over the past year, gaining 4.8% versus a loss of 5.1%. Over five years, NGG leads with a +25.2% price change compared with +9.4% for ENB. Enbridge is the larger company by market cap ($103.73 billion vs $77.52 billion), about 1.3 times the size.
On valuation, National Grid Transco National Grid (NEW) trades at a lower forward P/E (11.7x vs 20.7x for Enbridge). Enbridge offers the higher dividend yield (8.23% vs 0.63%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENB | NGG |
|---|---|---|
| Share price | $46.54 | $77.11 |
| Market cap | $103.73B | $77.52B |
| 1-day change | +1.42% | +1.31% |
| YTD return | -2.70% | -0.31% |
| 1-year return | -5.08% | +4.75% |
| 5-year return | +9.35% | +25.16% |
| P/E ratio (TTM) | 24.89 | 17.56 |
| Forward P/E | 20.66 | 11.69 |
| EPS (TTM) | $1.87 | $4.39 |
| Dividend yield | 8.23% | 0.63% |
| Annual dividend | $3.83 | $0.485 |
| 52-week high | $58.45 | $94.64 |
| 52-week low | $45.03 | $73.28 |
| Distance from 52-week high | -20.38% | -18.52% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +10.12% | +18.26% |
| Average volume | 4.92M | 834.94K |
| Shares outstanding | 2.23B | 1.01B |
| Employees | 14,800 | 33,026 |
| Sector | Energy | Utilities |
| Industry | Natural Gas Distribution | Natural Gas Distribution |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Enbridge trades at a higher earnings multiple (24.9x vs 17.6x trailing P/E).
- Enbridge offers a meaningfully higher dividend yield (8.23% vs 0.63%).
- The two companies sit in different sectors: Enbridge in Energy and National Grid Transco National Grid (NEW) in Utilities.
About Enbridge
ENB stock →Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation.
Energy · Natural Gas Distribution · 14,800 employees
About National Grid Transco National Grid (NEW)
NGG stock →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.
Utilities · Natural Gas Distribution · 33,026 employees
ENB vs NGG FAQ
Which is bigger, Enbridge or National Grid Transco National Grid (NEW)?
Enbridge (ENB) is larger, with a market capitalization of $103.73B compared with $77.52B for National Grid Transco National Grid (NEW) (NGG).
Which stock has performed better over the past year, ENB or NGG?
NGG returned +4.75% over the past 12 months, compared with -5.08% for ENB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENB or NGG?
NGG has the lower trailing P/E at 17.6, versus 24.9 for ENB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Enbridge or National Grid Transco National Grid (NEW)?
Enbridge has the higher yield at 8.23%, compared with 0.63% for National Grid Transco National Grid (NEW).
Are Enbridge and National Grid Transco National Grid (NEW) in the same industry?
Yes. Both are classified in the Natural Gas Distribution industry within the Energy sector.