National Grid (NGG) Current Taxes (2009 - 2026)
National Grid (NGG) posted Current Taxes of -$60.7 million for Q1 2026, up 75.96% on a QoQ basis from -$252.3 million in Q3 2025, and up 78.01% year-over-year from -$34.1 million in Q1 2025.
National Grid (NGG) Current Taxes (2009 - 2026) Analysis & Trends
National Grid has reported Current Taxes for 18 years, with the latest figure at -$60.7 million in Q1 2026.
- On a quarterly basis, Current Taxes rose 78.01% year-over-year to -$60.7 million in Q1 2026; TTM through Mar 2026 was -$60.7 million, a 78.01% increase from a year earlier, with the FY2026 full-year figure at -$60.7 million, up 78.01% from the prior year.
- Current Taxes was -$60.7 million for Q1 2026 at National Grid, up from -$252.3 million in the prior quarter.
- The five-year high for Current Taxes was -$37.5 million in Q4 2022, with the low at -$292.9 million in Q4 2023.
- Average Current Taxes over 5 years is -$219.4 million, with a median of -$277.5 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2026: Current Taxes tumbled 680.4% in 2023, then soared 78.01% in 2026.
- Over 5 years, Current Taxes stood at -$37.5 million in 2022, then sank by 680.4% to -$292.9 million in 2023, then increased by 3.6% to -$282.4 million in 2024, then grew by 10.64% to -$252.3 million in 2025, then surged by 75.96% to -$60.7 million in 2026.
- The last three Current Taxes figures came in at -$60.7 million (Q1 2026), -$252.3 million (Q3 2025), and -$284.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn | - |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - | -60.67 Mn |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn | - |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn | 416.00 Mn |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn | - |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - | 149.00 Mn |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn | 2.88 Bn |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn | 84.00 Mn |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - | - |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn | 738.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -60.67 Mn |
| Sep 30, 2025 | -252.33 Mn |
| May 15, 2025 | -284.61 Mn |
| Mar 31, 2025 | -275.83 Mn |
| Dec 31, 2024 | -282.37 Mn |
| Sep 30, 2024 | -235.17 Mn |
| May 23, 2024 | -277.54 Mn |
| Mar 31, 2024 | -279.07 Mn |
| Dec 31, 2023 | -292.91 Mn |
| Sep 30, 2023 | -290.82 Mn |
| May 18, 2023 | -290.48 Mn |
| Mar 31, 2023 | -286.86 Mn |
| Dec 31, 2022 | -37.53 Mn |
| Sep 30, 2022 | -101.36 Mn |
| Mar 31, 2022 | -42.94 Mn |
| Dec 31, 2021 | -101.10 Mn |
| Mar 31, 2021 | -103.42 Mn |
| Mar 31, 2020 | -110.24 Mn |
| Mar 31, 2019 | -209.60 Mn |
| Sep 30, 2018 | 28.68 Mn |
National Grid Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=NGG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "NGG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();