National Grid NGG
NYSE NGG
$80.82 +0.17 (+0.21%)
As of: Aug 21, 2026 · 9:35 AM EDT

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
DateValue
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%