National Grid Plc (NEWEN) Tax Rate (2009 - 2024)
National Grid (NEWEN) posted quarterly Tax Rate of 16.37% for Q3 2024, up 602.0% year-over-year from 2.33% in Q4 2023, and up 31.97% quarter-over-quarter from 24.07% in Q2 2024.
National Grid Plc (NEWEN) Tax Rate (2009 - 2024) Analysis & Trends
National Grid's Tax Rate history runs 9 years deep, the most recent figure standing at 16.37% for Q3 2024.
- In Q3 2024, Tax Rate rose 602.0% year-over-year to 16.37%; the TTM figure through Sep 2024 stood at 23.4% (down 1204.0% YoY), while the FY2025 annual figure was 23.59%, up 48.0% from the prior year.
- Tax Rate for Q3 2024 stood at 16.37%, up from 24.07% in the prior quarter.
- The five-year high for Tax Rate was 16.37% in Q3 2024, with the low at 54.13% in Q4 2022.
- The 3-year median for Tax Rate is 24.07% (2024), against an average of 28.27%.
- Peak annual rise in Tax Rate reached 602 bps in 2024, while the deepest fall reached 33 bps in 2024.
- National Grid's Tax Rate stood at 54.13% in 2022, then surged by 59 bps to 22.39% in 2023, then advanced by 27 bps to 16.37% in 2024.
- Business Quant data shows NEWEN's Tax Rate at 16.37% in Q3 2024, 24.07% in Q2 2024, and 22.39% in Q3 2023.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -16.37% |
| Sep 30, 2024 | -16.37% |
| Sep 30, 2024 | -16.37% |
| May 23, 2024 | -24.07% |
| May 23, 2024 | -24.07% |
| May 23, 2024 | -24.07% |
| Sep 30, 2023 | -22.39% |
| Sep 30, 2023 | -22.39% |
| Sep 30, 2023 | -22.39% |
| May 18, 2023 | -24.40% |
| May 18, 2023 | -24.40% |
| May 18, 2023 | -24.40% |
| Dec 31, 2022 | -54.13% |
| Dec 31, 2022 | -54.13% |
| Dec 31, 2022 | -54.13% |
| Mar 31, 2017 | 49.81% |
| Mar 31, 2017 | 49.81% |
| Mar 31, 2017 | 49.81% |
| Sep 30, 2016 | 2.12% |
| Sep 30, 2016 | 2.12% |