National Grid (NGG) Asset Utilization Ratio (2009 - 2024)
National Grid (NGG) posted quarterly Asset Utilization Ratio of 0.19 for Q3 2024, down 33.17% year-over-year from 0.28 in Q4 2023, and down 23.32% quarter-over-quarter from 0.25 in Q2 2024.
National Grid (NGG) Asset Utilization Ratio (2009 - 2024) Analysis & Trends
National Grid's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.19 for Q3 2024.
- In Q3 2024, Asset Utilization Ratio fell 33.17% year-over-year to 0.19; the TTM figure through Sep 2024 stood at 0.19 (down 33.17% YoY), while the FY2025 annual figure was 0.17, down 13.65% from the prior year.
- Asset Utilization Ratio for Q3 2024 stood at 0.19, down from 0.25 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 20461.84 in Q4 2022, with the low at 0.19 in Q3 2024.
- The 3-year median for Asset Utilization Ratio is 0.27 (2024), against an average of 3410.51.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio plunged 100.0% in 2023, then fell 14.13% in 2024.
- National Grid's Asset Utilization Ratio stood at 20461.84 in 2022, then slumped by 100.0% to 0.22 in 2023, then fell by 11.95% to 0.19 in 2024.
- Business Quant data shows NGG's Asset Utilization Ratio at 0.19 in Q3 2024, 0.25 in Q2 2024, and 0.22 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 0.15 |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 0.17 |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 0.15 |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 0.17 |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 0.16 |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 0.21 |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 0.27 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.19 |
| May 23, 2024 | 0.25 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.28 |
| May 18, 2023 | 0.29 |
| Dec 31, 2022 | 20,461.84 |
| Sep 30, 2016 | 13,812.43 |
| Sep 30, 2015 | 14,826.11 |
| Sep 30, 2014 | 14,661.05 |
| Sep 30, 2011 | 0.29 |
| Sep 30, 2009 | 0.20 |