COMPARE · Data as of August 21, 2026
FE vs NGG
Verdict: Side-by-side breakdown using the Bull Rankings model. FE scored 62.1, NGG scored 57.6 — FE leads.
Compare another set
Different reporting periods. FE's fundamentals are as of March 2026, but NGG's are as of March 2025 — a 12-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
FE
FirstEnergy Corp.
62.1
$45.96 · $26.6B
fundamentals as of
Score gap
4.5
FE leads
NGG
National Grid Transco, PLC Nati
57.6
$79.76 · $80.2B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
- Fastest growthFE+11.3%
- Strongest balance sheetNGG1.21
- Highest qualityNGG58 / 100
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
FE
stronger →← stronger
NGG
55
Qualityreturns · margins · balance sheet
58
82
Growthrevenue & earnings expansion
44
53
Valuevaluation vs sector peers
88
NGG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
FE
NGG
-$1.7bF
FCF
—
+11.3%B
Rev
-7.4%D
2.01C
D/E
1.21B+
1.7xA-
P/S
—
1.68C+
PEG
1.00B+
—
P/E
17.9xB+
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Model signals
FE
Why this score
- Durable high returns
NGG
Why this score
- Cut its dividend
- Foreign reporter (GBP)
The companies
FEFirstEnergy Corp.
Why now
Utilities - Regulated Electric · market cap $26.6b. 12% off the 52-week high of $52.34. Revenue growing +11%, comfortably above the S&P median. 12 sell-side analysts rate this a Buy with a mean 1-yr target of $53.25 (implying +16% upside).
Moat
Higher-variance name — the moat signals on the quantitative card are modest, so the durability case rests on execution (turning current growth into durable earnings power) or an un-monetized asset (IP / network effects / first-mover position) rather than an entrenched competitive position.
Risk
D/E 2.01 is elevated — limits strategic flexibility and raises refinancing exposure if rates stay higher for longer. Free cash flow is negative (-$1.7b) — capital raises or debt issuance likely required; dilution / leverage risk. Trailing P/E 97.8x prices in sustained high growth — any quarter that disappoints triggers sharp re-rating.
NGGNational Grid Transco, PLC Nati
Why now
Utilities - Regulated Electric · market cap $80.2b. 16% off the 52-week high of $94.64. Revenue -7% — in contraction; any catalyst that reverses this triggers re-rating. 5 sell-side analysts publish a mean 1-yr target of $90.89 (implying +14% upside).
Moat
Net margin 16% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. $80.2b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Revenue contracting -7% — the operational turn is not yet visible in the top line. Dividend payout 71% of earnings on a 4.0% yield — distribution coverage is thin; one earnings stumble could force a dividend cut. ROE 8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where FE and NGG diverge
On the headline score the gap is 4.5 points in favor of FE. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
- GrowthFE 81.6 · NGG 43.5FE +38.1
- ValueFE 53.1 · NGG 87.7NGG +34.6
- QualityFE 55.3 · NGG 58.3NGG +3.0
Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.