National Grid Plc (NEWEN) Gross Margin (2009 - 2024)
National Grid (NEWEN) posted quarterly Gross Margin of 17.46% for Q3 2024, down 685.0% year-over-year from 2.98% in Q4 2023, and down 25.34% quarter-over-quarter from 23.39% in Q2 2024.
National Grid Plc (NEWEN) Gross Margin (2009 - 2024) Analysis & Trends
National Grid's Gross Margin history runs 8 years deep, the most recent figure standing at 17.46% for Q3 2024.
- In Q3 2024, Gross Margin fell 685.0% year-over-year to 17.46%; the TTM figure through Sep 2024 stood at 27.09% (up 484.0% YoY), while the FY2025 annual figure was 27.02%, up 363.0% from the prior year.
- Gross Margin for Q3 2024 stood at 17.46%, down from 23.39% in the prior quarter.
- The five-year high for Gross Margin was 46.77% in Q4 2022, with the low at 17.46% in Q3 2024.
- The 3-year median for Gross Margin is 23.39% (2024), against an average of 26.18%.
- Peak annual rise in Gross Margin reached 441 bps in 2024, while the deepest fall reached 685 bps in 2024.
- National Grid's Gross Margin stood at 46.77% in 2022, then plunged by 48 bps to 24.31% in 2023, then decreased by 28 bps to 17.46% in 2024.
- Business Quant data shows NEWEN's Gross Margin at 17.46% in Q3 2024, 23.39% in Q2 2024, and 24.31% in Q3 2023.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 17.46% |
| May 23, 2024 | 23.39% |
| Sep 30, 2023 | 24.31% |
| May 18, 2023 | 18.98% |
| Dec 31, 2022 | 46.77% |
| Sep 30, 2016 | 24.85% |
| Sep 30, 2015 | 26.98% |
| Sep 30, 2014 | 39.09% |
| Sep 30, 2011 | 23.66% |
| Sep 30, 2009 | 23.01% |