National Grid (NGG) Interest Coverage Ratio (2022 - 2024)
National Grid's (NGG) Interest Coverage Ratio came in at 3.19 for FY2026 (year ended Mar 31, 2026).
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Analysis
National Grid (NGG) Interest Coverage Ratio (2022 - 2024) Analysis & Trends
Since FY2009, National Grid has reported Interest Coverage Ratio for 18 fiscal years.
- The FY2026 figure stands as the highest annual Interest Coverage Ratio since FY2022.
- Business Quant data shows NGG's Interest Coverage Ratio at 2.73 in FY2025 (+4.5%), 2.61 in FY2024 (-14.4%), 3.05 in FY2023 (-25.1%) and 4.08 in FY2022 (+44.9%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 2,238.00 |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 2.23 |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 2.82 |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 2.13 |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 0.59 |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 1.65 |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 1.96 |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 1.59 |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 23, 2024 | 3.17 |
| May 18, 2023 | 1.97 |
| Dec 31, 2022 | 2.84 |
API Access
National Grid Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();