National Grid (NGG) EBT Margin (2009 - 2025)
National Grid (NGG) posted EBT Margin of 8.75% for Q3 2025, up 21.74% on a QoQ basis from 7.19% in Q3 2024, and up 156.0% year-over-year from 3.42% in Q3 2024.
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Analysis
National Grid (NGG) EBT Margin (2009 - 2025) Analysis & Trends
National Grid has reported EBT Margin for 11 years, with the latest figure at 8.75% in Q3 2025.
- On a quarterly basis, EBT Margin rose 156.0% year-over-year to 8.75% in Q3 2025; TTM through Sep 2025 was 20.99%, a 548.0% decrease from a year earlier, with the FY2026 full-year figure at 18.34%, up 294.0% from the prior year.
- EBT Margin was 8.75% for Q3 2025 at National Grid, up from 7.19% in the prior quarter.
- The five-year high for EBT Margin was 32.01% in Q4 2022, with the low at 7.19% in Q3 2024.
- Average EBT Margin over 4 years is 17.32%, with a median of 12.53% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: EBT Margin slumped 535 bps in 2024, then jumped 156 bps in 2025.
- Over 4 years, EBT Margin stood at 32.01% in 2022, then slumped by 61 bps to 12.53% in 2023, then sank by 43 bps to 7.19% in 2024, then rose by 22 bps to 8.75% in 2025.
- The last three EBT Margin figures came in at 8.75% (Q3 2025), 7.19% (Q3 2024), and 12.53% (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn | 17.24% |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - | - |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn | 16.52% |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn | 16.86% |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn | 15.91% |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - | 17.59% |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn | 18.29% |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn | 29.89% |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - | 34.50% |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn | 12.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 8.75% |
| Sep 30, 2024 | 7.19% |
| Sep 30, 2023 | 12.53% |
| May 18, 2023 | 26.12% |
| Dec 31, 2022 | 32.01% |
| Sep 30, 2017 | 8.80% |
| Sep 30, 2016 | 13.76% |
| Mar 31, 2016 | 66.16% |
| Dec 31, 2015 | 51.85% |
| Sep 30, 2015 | 19.67% |
| Sep 30, 2014 | 28.46% |
| Sep 30, 2013 | 15.65% |
| Sep 30, 2012 | 19.44% |
| Sep 30, 2009 | 15.62% |
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();