National Grid (NGG) Debt Ratio (2009 - 2025)
National Grid (NGG) posted quarterly Debt Ratio of 0.4 for Q2 2025, up 6.44% year-over-year from 0.38 in Q2 2024, and down 12.2% quarter-over-quarter from 0.36 in Q1 2025.
National Grid (NGG) Debt Ratio (2009 - 2025) Analysis & Trends
National Grid's Debt Ratio history runs 14 years deep, the most recent figure standing at 0.4 for Q2 2025.
- In Q2 2025, Debt Ratio rose 6.44% year-over-year to 0.4; the TTM figure through May 2025 stood at 0.11 (up 3.58% YoY), while the FY2025 annual figure was 0.4, up 6.44% from the prior year.
- Debt Ratio for Q2 2025 stood at 0.4, down from 0.36 in the prior quarter.
- The five-year high for Debt Ratio was 0.48 in Q1 2022, with the low at 0.43 in Q2 2023.
- The 4-year median for Debt Ratio is 0.39 (2024), against an average of 0.19.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio grew 6.63% in 2024, then tumbled 174.78% in 2025.
- National Grid's Debt Ratio stood at 0.35 in 2022, then decreased by 22.85% to 0.43 in 2023, then increased by 0.58% to 0.43 in 2024, then climbed by 6.44% to 0.4 in 2025.
- Business Quant data shows NGG's Debt Ratio at 0.4 in Q2 2025, 0.36 in Q1 2025, and 0.43 in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.23 Bn | 75.41 Bn | - | - |
| 2 | Dominion Energy | 59.15 Bn | 58.36 Bn | 3.50 Bn | 0.42 |
| 3 | Xcel Energy | 48.14 Bn | 46.13 Bn | 3.12 Bn | 0.45 |
| 4 | Wec Energy | 34.97 Bn | 34.92 Bn | 1.45 Bn | 0.40 |
| 5 | Ameren | 29.63 Bn | 29.62 Bn | - | 0.40 |
| 6 | Fortis | 28.33 Bn | 28.33 Bn | 1.60 Bn | 0.46 |
| 7 | Edison International | 27.66 Bn | 27.42 Bn | 3.29 Bn | 0.46 |
| 8 | Firstenergy | 26.70 Bn | 26.51 Bn | 2.51 Bn | 0.49 |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 0.49 |
| 10 | Cms Energy | 21.46 Bn | 21.22 Bn | 3.65 Bn | 0.47 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 15, 2025 | -0.40 |
| Mar 31, 2025 | -0.36 |
| Dec 31, 2024 | -0.43 |
| Sep 30, 2024 | -0.39 |
| May 23, 2024 | -0.43 |
| Mar 31, 2024 | 0.48 |
| Dec 31, 2023 | -0.43 |
| Sep 30, 2023 | -0.42 |
| May 18, 2023 | -0.43 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | -0.35 |
| Sep 30, 2022 | -0.30 |
| Mar 31, 2022 | 0.48 |
| Sep 30, 2018 | 0.09 |
| Sep 30, 2017 | -0.39 |
| May 18, 2017 | -0.35 |
| Mar 31, 2017 | 0.43 |
| Dec 31, 2016 | -0.42 |
| Sep 30, 2016 | -47.49 |
| May 19, 2016 | -0.42 |