National Grid (NGG) Change in Taxes (2009 - 2025)

National Grid's Change in Taxes history runs 9 years deep, the most recent figure standing at -$237.8 million for Q2 2025.

• In Q2 2025, Change in Taxes rose 44.88% year-over-year to -$237.8 million; the TTM figure through May 2025 stood at -$1.2 billion (down 33.57% YoY), while the FY2025 annual figure was -$235.0 million, up 45.54% from the prior year.
• Change in Taxes for Q2 2025 stood at -$237.8 million, up from -$439.0 million in the prior quarter.
• The five-year high for Change in Taxes was -$99.9 million in Q3 2024, with the low at -$439.0 million in Q4 2024.
• The 4-year median for Change in Taxes is -$245.4 million (2023), against an average of -$253.8 million.
• The sharpest annual moves came in 2023 and 2024: Change in Taxes surged 68.4% in 2023, then sank 297.38% in 2024.
• National Grid's Change in Taxes stood at -$349.5 million in 2022, then soared by 68.4% to -$110.5 million in 2023, then tumbled by 297.38% to -$439.0 million in 2024, then soared by 45.82% to -$237.8 million in 2025.
• Business Quant data shows NGG's Change in Taxes at -$237.8 million in Q2 2025, -$439.0 million in Q4 2024, and -$99.9 million in Q3 2024.