National Grid (NEWEN) Interest Coverage Ratio (2012 - 2025)
National Grid (NEWEN) posted Interest Coverage Ratio of 1.61 for Q3 2025, down 12.76% on a QoQ basis from 1.43 in Q3 2024, and down 12.76% year-over-year from 1.85 in Q3 2024.
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Analysis
National Grid (NEWEN) Interest Coverage Ratio (2012 - 2025) Analysis & Trends
National Grid has reported Interest Coverage Ratio for 10 years, with the latest figure at 1.61 in Q3 2025.
- On a quarterly basis, Interest Coverage Ratio fell 12.76% year-over-year to 1.61 in Q3 2025; TTM through Sep 2025 was 2.33, a 6.31% increase from a year earlier, with the FY2026 full-year figure at 3.19, down 16.66% from the prior year.
- Interest Coverage Ratio was 1.61 for Q3 2025 at National Grid, down from 1.43 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.43 in Q3 2024, with the low at 3.17 in Q2 2024.
- Average Interest Coverage Ratio over 4 years is 2.25, with a median of 2.23 recorded in 2023.
- The largest YoY upside for Interest Coverage Ratio was 42.41% in 2024 against a maximum downside of 60.94% in 2024.
- Over 4 years, Interest Coverage Ratio stood at 2.84 in 2022, then grew by 12.74% to 2.48 in 2023, then soared by 42.41% to 1.43 in 2024, then dropped by 12.76% to 1.61 in 2025.
- The last three Interest Coverage Ratio figures came in at 1.61 (Q3 2025), 1.43 (Q3 2024), and 3.17 (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 659.69 Bn | 643.71 Bn | 5.90 Bn | - |
| 2 | General Electric | 337.12 Bn | 327.78 Bn | 6.95 Bn | -18.18 |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | 7.27 |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 0.51 |
| 5 | Bhp | 220.99 Bn | 202.45 Bn | - | - |
| 6 | Rio Tinto | 206.31 Bn | 201.93 Bn | - | - |
| 7 | Diageo | 192.64 Bn | 190.61 Bn | - | - |
| 8 | National Grid | 165.59 Bn | 161.82 Bn | - | - |
| 9 | Unilever | 135.28 Bn | 128.25 Bn | - | - |
| 10 | Hdfc Bank | 119.43 Bn | 82.28 Bn | - | -1.52 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -1.61 |
| Sep 30, 2024 | -1.43 |
| May 23, 2024 | -3.17 |
| Sep 30, 2023 | -2.48 |
| May 18, 2023 | -1.97 |
| Dec 31, 2022 | -2.84 |
| Sep 30, 2017 | -1.20 |
| Sep 30, 2016 | -0.77 |
| Sep 30, 2015 | -1.74 |
| Sep 30, 2014 | -3.63 |
| Sep 30, 2013 | -3.04 |
| Sep 30, 2012 | -3.03 |