National Grid (NGG) Free Cash Flow (2009 - 2025)
National Grid (NGG) posted Free Cash Flow of $10.9 billion for Q3 2025, up 27.04% on a QoQ basis from $8.6 billion in Q3 2024, and up 27.04% year-over-year from $8.6 billion in Q3 2024.
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Analysis
National Grid (NGG) Free Cash Flow (2009 - 2025) Analysis & Trends
National Grid has reported Free Cash Flow for 10 years, with the latest figure at $10.9 billion in Q3 2025.
- On a quarterly basis, Free Cash Flow rose 27.04% year-over-year to $10.9 billion in Q3 2025; TTM through Sep 2025 was $32.1 billion, a 24.79% increase from a year earlier, with the FY2026 full-year figure at $24.0 billion, up 22.35% from the prior year.
- Free Cash Flow was $10.9 billion for Q3 2025 at National Grid, up from $8.6 billion in the prior quarter.
- The five-year high for Free Cash Flow was $10.9 billion in Q3 2025, with the low at $7.6 billion in Q3 2023.
- Average Free Cash Flow over 3 years is $9.0 billion, with a median of $8.6 billion recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow grew 12.15% in 2024, then advanced 27.04% in 2025.
- Over 3 years, Free Cash Flow stood at $7.6 billion in 2023, then advanced by 12.15% to $8.6 billion in 2024, then gained by 27.04% to $10.9 billion in 2025.
- The last three Free Cash Flow figures came in at $10.9 billion (Q3 2025), $8.6 billion (Q3 2024), and $7.6 billion (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn | - |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - | - |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn | 1.49 Bn |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn | -1.85 Bn |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn | -269.70 Mn |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - | -309.00 Mn |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn | 1.97 Bn |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn | -258.00 Mn |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - | -399.43 Mn |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn | -356.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 10.89 Bn |
| Sep 30, 2024 | 8.57 Bn |
| Sep 30, 2023 | 7.64 Bn |
| Sep 30, 2017 | 4.96 Bn |
| Sep 30, 2016 | 4.52 Bn |
| Sep 30, 2015 | 6.58 Bn |
| Sep 30, 2014 | 1.71 Bn |
| Sep 30, 2013 | 4.90 Bn |
| Sep 30, 2012 | 5.28 Bn |
| Sep 30, 2009 | 4.82 Bn |
API Access
National Grid Free Cash Flow 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=free-cash-flow&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();