National Grid (NGG) Interest Expenses (2009 - 2025)
National Grid (NGG) posted quarterly Interest Expenses of -$2.1 billion for Q2 2025, up 5.05% year-over-year from -$2.0 billion in Q2 2024, and down 8.72% quarter-over-quarter from -$1.9 billion in Q4 2024.
National Grid (NGG) Interest Expenses (2009 - 2025) Analysis & Trends
National Grid's Interest Expenses history runs 12 years deep, the most recent figure standing at -$2.1 billion for Q2 2025.
- In Q2 2025, Interest Expenses rose 5.05% year-over-year to -$2.1 billion; the TTM figure through May 2025 stood at -$5.2 billion (down 6.43% YoY), while the FY2025 annual figure was -$2.5 billion, down 20.12% from the prior year.
- Interest Expenses for Q2 2025 stood at -$2.1 billion, down from -$1.9 billion in the prior quarter.
- The five-year high for Interest Expenses was $1.0 billion in Q3 2023, with the low at -$2.2 billion in Q2 2024.
- The 4-year median for Interest Expenses is -$1.7 billion (2023), against an average of -$1.3 billion.
- The sharpest annual moves came in 2024 and 2025: Interest Expenses tumbled 227.43% in 2024, then increased 5.05% in 2025.
- National Grid's Interest Expenses stood at -$1.2 billion in 2022, then slumped by 42.59% to -$1.7 billion in 2023, then fell by 12.05% to -$1.9 billion in 2024, then decreased by 8.72% to -$2.1 billion in 2025.
- Business Quant data shows NGG's Interest Expenses at -$2.1 billion in Q2 2025, -$1.9 billion in Q4 2024, and -$1.3 billion in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 555.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 443.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 228.90 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 209.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 279.77 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 514.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 337.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 130.85 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 420.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -1.34 Bn |
| Sep 30, 2025 | -1.34 Bn |
| May 15, 2025 | -2.06 Bn |
| May 15, 2025 | -2.06 Bn |
| Dec 31, 2024 | -1.90 Bn |
| Dec 31, 2024 | -1.90 Bn |
| Sep 30, 2024 | -1.28 Bn |
| Sep 30, 2024 | -1.28 Bn |
| May 23, 2024 | -2.17 Bn |
| May 23, 2024 | -2.17 Bn |
| Mar 31, 2024 | 59.62 Mn |
| Mar 31, 2024 | 59.62 Mn |
| Dec 31, 2023 | -1.69 Bn |
| Dec 31, 2023 | -1.69 Bn |
| Sep 30, 2023 | 1.01 Bn |
| Sep 30, 2023 | 1.01 Bn |
| May 18, 2023 | -2.07 Bn |
| May 18, 2023 | -2.07 Bn |
| Dec 31, 2022 | -1.19 Bn |
| Dec 31, 2022 | -1.19 Bn |