National Grid (NGG) Gross Profit (2009 - 2024)
National Grid (NGG) posted quarterly Gross Profit of $1.8 billion for Q3 2024, down 31.48% year-over-year from $2.6 billion in Q4 2023, and down 69.6% quarter-over-quarter from $5.9 billion in Q2 2024.
National Grid (NGG) Gross Profit (2009 - 2024) Analysis & Trends
National Grid's Gross Profit history runs 8 years deep, the most recent figure standing at $1.8 billion for Q3 2024.
- In Q3 2024, Gross Profit fell 31.48% year-over-year to $1.8 billion; the TTM figure through Sep 2024 stood at $15.3 billion (up 40.74% YoY), while the FY2025 annual figure was $6.4 billion, up 8.87% from the prior year.
- Gross Profit for Q3 2024 stood at $1.8 billion, down from $5.9 billion in the prior quarter.
- The five-year high for Gross Profit was $5.9 billion in Q2 2024, with the low at $747.2 million in Q4 2022.
- The 3-year median for Gross Profit is $2.6 billion (2023), against an average of $3.2 billion.
- Peak annual rise in Gross Profit reached 15.76% in 2024, while the deepest fall reached 31.48% in 2024.
- National Grid's Gross Profit stood at $747.2 million in 2022, then surged by 247.78% to $2.6 billion in 2023, then tumbled by 31.48% to $1.8 billion in 2024.
- Business Quant data shows NGG's Gross Profit at $1.8 billion in Q3 2024, $5.9 billion in Q2 2024, and $2.6 billion in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.78 Bn |
| Sep 30, 2024 | 1.78 Bn |
| May 23, 2024 | 5.86 Bn |
| May 23, 2024 | 5.86 Bn |
| Sep 30, 2023 | 2.60 Bn |
| Sep 30, 2023 | 2.60 Bn |
| May 18, 2023 | 5.06 Bn |
| May 18, 2023 | 5.06 Bn |
| Dec 31, 2022 | 747.16 Mn |
| Dec 31, 2022 | 747.16 Mn |
| Sep 30, 2016 | 2.46 Bn |
| Sep 30, 2016 | 2.46 Bn |
| Sep 30, 2015 | 2.85 Bn |
| Sep 30, 2015 | 2.85 Bn |
| Sep 30, 2014 | 918,929.22 Bn |
| Sep 30, 2014 | 918,929.22 Bn |
| Sep 30, 2011 | 2.42 Bn |
| Sep 30, 2011 | 2.42 Bn |
| Sep 30, 2009 | 2.22 Bn |
| Sep 30, 2009 | 2.22 Bn |