National Grid (NEWEN) Tax Rate (2009 - 2025)
National Grid (NEWEN) posted Tax Rate of 33.66% for Q3 2025, down 71.89% on a QoQ basis from 19.58% in Q3 2024, and down 1408.0% year-over-year from 2.57% in Q3 2024.
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Analysis
National Grid (NEWEN) Tax Rate (2009 - 2025) Analysis & Trends
National Grid has reported Tax Rate for 12 years, with the latest figure at 33.66% in Q3 2025.
- On a quarterly basis, Tax Rate fell 1408.0% year-over-year to 33.66% in Q3 2025; TTM through Sep 2025 was 9.19%, a 4757.0% increase from a year earlier, with the FY2026 full-year figure at 28.95%, up 7.0% from the prior year.
- Tax Rate was 33.66% for Q3 2025 at National Grid, down from 19.58% in the prior quarter.
- The five-year high for Tax Rate was 19.58% in Q3 2024, with the low at 54.13% in Q4 2022.
- Average Tax Rate over 4 years is 31.92%, with a median of 30.28% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 927 bps in 2024, then slumped 1408 bps in 2025.
- Over 4 years, Tax Rate stood at 54.13% in 2022, then surged by 47 bps to 28.85% in 2023, then surged by 32 bps to 19.58% in 2024, then tumbled by 72 bps to 33.66% in 2025.
- The last three Tax Rate figures came in at 33.66% (Q3 2025), 19.58% (Q3 2024), and 31.7% (Q2 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (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 | 14.53% |
| 3 | Astrazeneca | 247.89 Bn | 242.60 Bn | 12.86 Bn | -10.40% |
| 4 | Citigroup | 236.49 Bn | -2,065.81 Bn | 24.75 Bn | 24.97% |
| 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 | - | 20.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -33.66% |
| Sep 30, 2024 | -19.58% |
| May 23, 2024 | -31.70% |
| Sep 30, 2023 | -28.85% |
| May 18, 2023 | -23.63% |
| Dec 31, 2022 | -54.13% |
| Sep 30, 2017 | -26.02% |
| Sep 30, 2016 | 148.54% |
| Mar 31, 2016 | -24.43% |
| Dec 31, 2015 | -25.00% |
| Sep 30, 2015 | 136.20% |
| Sep 30, 2014 | 158.65% |
| Sep 30, 2013 | 149.43% |
| Sep 30, 2012 | 134.52% |
| Mar 31, 2012 | -669.23% |
| Dec 31, 2010 | -123.29% |
| Sep 30, 2009 | 121.72% |