Iberdrola vs Naturgy (IBE vs NTGY)

Iberdrola (IBE) vs Naturgy (NTGY) in plain English: P/E, growth, margins, debt and dividend side by side, key differences and which fits each investor profile.

Iberdrola (IBE) and Naturgy (NTGY) compete in utilities and renewables. Here are Iberdrola and Naturgy side by side with their real figures as of November 4, 2026: what sets them apart, which fits each kind of investor and the most common questions, without telling you whether to buy Iberdrola or Naturgy.

Iberdrola vs Naturgy: the figures

Iberdrola and Naturgy figures from Yahoo Finance, the same source the Fintols analysis uses, retrieved on November 4, 2026; N/A means that Iberdrola or Naturgy figure is not available, and we never estimate it.

3 key differences between Iberdrola and Naturgy

1. Valuation: Iberdrola trades at 30.5x its annual earnings and Naturgy at 13.6x; the market pays more for each dollar of Iberdrola profit, usually because it expects more growth.
2. Dividend: Naturgy yields 8.13% at today's price and Iberdrola yields 3.08%.
3. Size: Iberdrola is worth €150.8 billion on the stock market, about 5.5 times Naturgy (€27.3 billion).

Iberdrola or Naturgy: which fits your profile

• If you want growth: Iberdrola is growing faster today, so it fits better with investors who put business growth first, usually accepting a higher P/E and a bumpier ride.
• If you want income (dividends): Naturgy pays the higher dividend relative to its price.
• If you prefer caution: Naturgy has less debt relative to its profit, which usually gives more room in a bad year.
• If price is what matters most to you: Naturgy trades on the lower P/E; check first whether that is an opportunity or a sign of a business that grows less.

Neither Iberdrola nor Naturgy wins on everything, and owning both is also an option: spreading money across several companies or an index fund reduces what rides on each one.

How Iberdrola and Naturgy make money

Iberdrola (IBE)

Iberdrola reports two main businesses: Networks, its largest, which runs regulated power transmission and distribution grids, and Production and Customers, covering wind and solar farms, power plants and electricity and gas sales. It operates in Spain, the UK through ScottishPower, the US through Avangrid, Brazil through Neoenergia, and Mexico. Full Iberdrola analysis.

Naturgy (NTGY)

Naturgy runs two main areas. One is regulated gas and electricity distribution networks in Spain and several Latin American countries. The other covers power generation from combined-cycle and renewable plants, liquefied natural gas supply, and electricity and gas sales to homes, shops and industry, which account for most of its revenue. Full Naturgy analysis.

Frequently asked questions: Iberdrola vs Naturgy

Is Iberdrola or Naturgy the better stock?

Choosing between Iberdrola and Naturgy depends on what you are looking for. Iberdrola is growing faster right now, and Naturgy trades on the lower P/E. Fintols does not tell you whether to buy Iberdrola or Naturgy: it shows you the differences so you can decide.

Which pays a higher dividend, Iberdrola or Naturgy?

As of November 4, 2026, Naturgy yields 8.13% and Iberdrola yields 3.08%. Also check how much of their profit Iberdrola and Naturgy pay out: if it is more than they earn, it cannot last.

Which is more expensive, Iberdrola or Naturgy?

On P/E, Iberdrola (30.5x) is more expensive than Naturgy (13.6x) as of November 4, 2026. A higher P/E can be justified if earnings grow faster, so compare it with each company's growth in the table.

Can I own both Iberdrola and Naturgy?

Yes. Many people spread their money across several companies, such as Iberdrola and Naturgy, or use index funds so they do not depend on just one. If you are starting out, decide how much you want to invest and for how long before buying Iberdrola or Naturgy.

More comparisons with Iberdrola or Naturgy

• Endesa vs Iberdrola
• Iberdrola vs Solaria
• American Electric Power vs Iberdrola
• Naturgy vs Redeia

More companies like Iberdrola and Naturgy: utilities and renewables stocks. Educational content about Iberdrola and Naturgy, not investment advice.