National Grid (NGG) Net Margin (2022 - 2023)
National Grid (NGG) posted Net Margin of 18.32% for FY2026 (year ended Mar 31, 2026), up 2.53 percentage points from 15.79% in FY2025.
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Analysis
National Grid (NGG) Net Margin (2022 - 2023) Analysis & Trends
Since FY2009, National Grid has reported Net Margin for 17 fiscal years.
- Annual Net Margin shows a five-year change of +6.32 percentage points (FY2021 to FY2026).
- The FY2026 figure stands as the highest annual Net Margin since FY2023.
- Business Quant data shows NGG's Net Margin at 15.79% in FY2025 (+4.25 pp), 11.54% in FY2024 (-24.46 pp), 36.00% in FY2023 (+23.24 pp) and 12.75% in FY2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 175.87 Bn | 162.61 Bn | - | 59.02% |
| 2 | Southern | 106.81 Bn | 97.86 Bn | 5.92 Bn | 16.83% |
| 3 | Duke Energy | 98.78 Bn | 95.04 Bn | 5.66 Bn | 14.19% |
| 4 | National Grid | 82.13 Bn | 54.43 Bn | - | - |
| 5 | American Electric Power | 70.46 Bn | 67.63 Bn | 3.84 Bn | 7.77% |
| 6 | Dominion Energy | 59.07 Bn | 57.06 Bn | - | 7.59% |
| 7 | Sempra | 55.87 Bn | 54.99 Bn | 2.89 Bn | 26.56% |
| 8 | Entergy | 50.05 Bn | 39.18 Bn | - | 13.70% |
| 9 | Xcel Energy | 49.61 Bn | 43.08 Bn | - | 23.01% |
| 10 | Exelon | 47.14 Bn | 42.45 Bn | - | 6.64% |
API Access
National Grid Net Margin 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=net-margin&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();