National Grid (NEWEN) Gross Margin (2015 - 2025)

National Grid has reported Gross Margin for 6 years, with the latest figure at 22.42% in Q3 2025.

• On a quarterly basis, Gross Margin rose 496.0% year-over-year to 22.42% in Q3 2025; TTM through Sep 2025 was 22.81%, a 171.0% decrease from a year earlier, with the FY2026 full-year figure at 29.32%, up 138.0% from the prior year.
• Gross Margin was 22.42% for Q3 2025 at National Grid, up from 17.46% 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.
• Average Gross Margin over 4 years is 31.1%, with a median of 24.31% recorded in 2023.
• The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 685 bps in 2024, then surged 496 bps in 2025.
• Over 4 years, Gross Margin stood at 46.77% in 2022, then plunged by 48 bps to 24.31% in 2023, then dropped by 28 bps to 17.46% in 2024, then grew by 28 bps to 22.42% in 2025.
• The last three Gross Margin figures came in at 22.42% (Q3 2025), 17.46% (Q3 2024), and 24.31% (Q3 2023), per Business Quant data.