National Grid (NGG) EBIT Margin (2009 - 2024)
National Grid (NGG) posted quarterly EBIT Margin of 16.44% for Q3 2024, down 694.0% year-over-year from 2.77% in Q4 2023, and down 40.24% quarter-over-quarter from 27.52% in Q2 2024.
National Grid (NGG) EBIT Margin (2009 - 2024) Analysis & Trends
National Grid's EBIT Margin history runs 8 years deep, the most recent figure standing at 16.44% for Q3 2024.
- In Q3 2024, EBIT Margin fell 694.0% year-over-year to 16.44%; the TTM figure through Sep 2024 stood at 19.82% (up 978.0% YoY), while the FY2025 annual figure was 26.85%, up 430.0% from the prior year.
- EBIT Margin for Q3 2024 stood at 16.44%, down from 27.52% in the prior quarter.
- The five-year high for EBIT Margin was 48.02% in Q4 2022, with the low at 3.3% in Q2 2023.
- The 3-year median for EBIT Margin is 23.38% (2023), against an average of 23.73%.
- Peak annual rise in EBIT Margin reached 2422 bps in 2024, while the deepest fall reached 694 bps in 2024.
- National Grid's EBIT Margin stood at 48.02% in 2022, then slumped by 51 bps to 23.38% in 2023, then slipped by 30 bps to 16.44% in 2024.
- Business Quant data shows NGG's EBIT Margin at 16.44% in Q3 2024, 27.52% in Q2 2024, and 23.38% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 80.16 Bn | 76.35 Bn | - | - |
| 2 | Dominion Energy | 59.23 Bn | 58.45 Bn | 3.50 Bn | 7.34% |
| 3 | Xcel Energy | 48.92 Bn | 46.91 Bn | 3.12 Bn | 22.64% |
| 4 | Wec Energy | 35.35 Bn | 35.30 Bn | 1.45 Bn | 20.99% |
| 5 | Ameren | 30.06 Bn | 30.05 Bn | - | 21.94% |
| 6 | Fortis | 28.74 Bn | 28.74 Bn | 1.60 Bn | 32.58% |
| 7 | Edison International | 28.66 Bn | 28.42 Bn | 3.29 Bn | 25.06% |
| 8 | Firstenergy | 27.15 Bn | 26.96 Bn | 2.51 Bn | 18.41% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.61 Bn | 21.37 Bn | 3.65 Bn | 16.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 16.44% |
| May 23, 2024 | 27.52% |
| Sep 30, 2023 | 23.38% |
| May 18, 2023 | 3.30% |
| Dec 31, 2022 | 48.02% |
| Sep 30, 2016 | 20.44% |
| Sep 30, 2015 | 26.98% |
| Sep 30, 2014 | 39.09% |
| Sep 30, 2011 | 23.66% |
| Sep 30, 2009 | 23.23% |