National Grid (NGG) Net Margin (2009 - 2024)
National Grid (NGG) posted quarterly Net Margin of 8.13% for Q3 2024, down 516.0% year-over-year from 1.95% in Q4 2023, and down 48.18% quarter-over-quarter from 15.68% in Q2 2024.
National Grid (NGG) Net Margin (2009 - 2024) Analysis & Trends
National Grid's Net Margin history runs 7 years deep, the most recent figure standing at 8.13% for Q3 2024.
- In Q3 2024, Net Margin fell 516.0% year-over-year to 8.13%; the TTM figure through Sep 2024 stood at 8.54% (down 1563.0% YoY), while the FY2025 annual figure was 15.79%, up 11.0% from the prior year.
- Net Margin for Q3 2024 stood at 8.13%, down from 15.68% in the prior quarter.
- The five-year high for Net Margin was 49.34% in Q4 2022, with the low at 8.13% in Q3 2024.
- The 3-year median for Net Margin is 15.68% (2024), against an average of 24.49%.
- Peak annual rise in Net Margin reached 516 bps in 2024, while the deepest fall reached 2032 bps in 2024.
- National Grid's Net Margin stood at 49.34% in 2022, then tumbled by 73 bps to 13.29% in 2023, then sank by 39 bps to 8.13% in 2024.
- Business Quant data shows NGG's Net Margin at 8.13% in Q3 2024, 15.68% in Q2 2024, and 13.29% in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 7.37% |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 18.79% |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 14.51% |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 15.01% |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 12.26% |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 13.51% |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 9.57% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 9.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 8.13% |
| May 23, 2024 | 15.68% |
| Sep 30, 2023 | 13.29% |
| May 18, 2023 | 36.00% |
| Dec 31, 2022 | 49.34% |
| Sep 30, 2016 | 7.00% |
| Sep 30, 2015 | 15.28% |
| Sep 30, 2011 | 12.61% |
| Sep 30, 2009 | 11.52% |