National Grid (NGG) EBT Margin (2022 - 2023)
National Grid's EBT Margin came in at 23.64% for FY2026 (year ended Mar 31, 2026), up 3.78 percentage points from 19.86% in FY2025.
Powered by 
Analysis
National Grid (NGG) EBT Margin (2022 - 2023) Analysis & Trends
Going back to FY2009, National Grid's EBT Margin data covers 17 fiscal years.
- EBT Margin carries a five-year change of +11.47 percentage points (FY2021 to FY2026).
- The FY2026 figure represents the highest annual EBT Margin since FY2011.
- Per Business Quant, earlier fiscal years put EBT Margin at 19.86% in FY2025 (+4.51 pp), 15.36% in FY2024 (-1.22 pp), 16.58% in FY2023 (-2.08 pp) and 18.65% in FY2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 178.52 Bn | 165.27 Bn | - | 62.16% |
| 2 | Southern | 107.79 Bn | 98.84 Bn | 5.92 Bn | 19.71% |
| 3 | Duke Energy | 100.04 Bn | 100.04 Bn | - | - |
| 4 | National Grid | 83.53 Bn | 55.82 Bn | - | - |
| 5 | American Electric Power | 70.90 Bn | 68.07 Bn | 3.84 Bn | 14.14% |
| 6 | Dominion Energy | 59.77 Bn | 57.76 Bn | - | 16.52% |
| 7 | Sempra | 56.38 Bn | 55.50 Bn | 2.89 Bn | 16.92% |
| 8 | Entergy | 50.50 Bn | 39.63 Bn | - | 17.58% |
| 9 | Xcel Energy | 49.96 Bn | 43.43 Bn | - | 24.66% |
| 10 | Exelon | 47.70 Bn | 43.02 Bn | - | 8.30% |
API Access
National Grid EBT Margin 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=ebt-margin&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "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=ebt-margin&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();