National Grid (NGG) Non-Current Deferred Tax Liability (2009 - 2026)
National Grid (NGG) posted Non-Current Deferred Tax Liability of -$12.2 billion for Q1 2026, down 11.31% on a QoQ basis from -$10.9 billion in Q3 2025, and down 20.38% year-over-year from -$15.3 billion in Q1 2025.
Powered by 
Analysis
National Grid (NGG) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
National Grid has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at -$12.2 billion in Q1 2026.
- On a quarterly basis, Non-Current Deferred Tax Liability fell 20.38% year-over-year to -$12.2 billion in Q1 2026; TTM through Mar 2026 was -$12.2 billion, a 20.38% decrease from a year earlier, with the FY2026 full-year figure at -$12.2 billion, down 20.38% from the prior year.
- Non-Current Deferred Tax Liability was -$12.2 billion for Q1 2026 at National Grid, down from -$10.9 billion in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was -$7.9 billion in Q4 2022, with the low at -$12.2 billion in Q1 2026.
- Average Non-Current Deferred Tax Liability over 5 years is -$9.6 billion, with a median of -$9.5 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Non-Current Deferred Tax Liability sank 36.72% in 2022, then increased 3.84% in 2023.
- Over 5 years, Non-Current Deferred Tax Liability stood at -$7.9 billion in 2022, then decreased by 12.32% to -$8.9 billion in 2023, then fell by 8.28% to -$9.7 billion in 2024, then fell by 13.45% to -$10.9 billion in 2025, then fell by 11.31% to -$12.2 billion in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at -$12.2 billion (Q1 2026), -$10.9 billion (Q3 2025), and -$10.4 billion (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 306.41 Bn | 306.41 Bn | 890.00 Mn |
| 2 | National Grid | 79.91 Bn | 76.14 Bn | - |
| 3 | Dominion Energy | 54.94 Bn | 58.84 Bn | 3.50 Bn |
| 4 | Xcel Energy | 44.99 Bn | 42.98 Bn | 3.12 Bn |
| 5 | Wec Energy | 33.53 Bn | 33.88 Bn | 1.45 Bn |
| 6 | Ameren | 28.13 Bn | 28.25 Bn | - |
| 7 | Fortis | 27.32 Bn | 28.61 Bn | 1.60 Bn |
| 8 | American Water Works Company | 26.60 Bn | 26.40 Bn | 874.00 Mn |
| 9 | Atmos Energy | 26.60 Bn | 26.07 Bn | - |
| 10 | Firstenergy | 25.89 Bn | 27.19 Bn | 2.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -12.19 Bn |
| Sep 30, 2025 | -10.95 Bn |
| May 15, 2025 | -10.45 Bn |
| Mar 31, 2025 | -10.12 Bn |
| Dec 31, 2024 | -9.65 Bn |
| Sep 30, 2024 | -9.56 Bn |
| May 23, 2024 | -9.49 Bn |
| Mar 31, 2024 | -9.54 Bn |
| Dec 31, 2023 | -8.91 Bn |
| Sep 30, 2023 | -9.21 Bn |
| May 18, 2023 | -8.84 Bn |
| Mar 31, 2023 | -8.73 Bn |
| Dec 31, 2022 | -7.93 Bn |
| Sep 30, 2022 | -9.10 Bn |
| Mar 31, 2022 | -9.08 Bn |
| Dec 31, 2021 | -6.49 Bn |
| Jun 14, 2021 | 1.41 Bn |
| Mar 31, 2021 | -6.64 Bn |
| Mar 31, 2020 | -5.70 Bn |
| Mar 31, 2019 | -5.49 Bn |
API Access
National Grid Non-Current Deferred Tax Liability 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=non-current-deferred-tax-liability&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deferred-tax-liability", "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=non-current-deferred-tax-liability&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();