National Grid (NGG) Non-Current Deferred Tax Liability (2009 - 2026)
National Grid (NGG) posted quarterly Non-Current Deferred Tax Liability of -$10.4 billion for Q2 2025, down 10.13% year-over-year from -$11.6 billion in Q2 2024, and down 3.18% quarter-over-quarter from -$10.1 billion in Q1 2025.
National Grid (NGG) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
National Grid's Non-Current Deferred Tax Liability history runs 17 years deep, the most recent figure standing at -$10.4 billion for Q2 2025.
- In Q2 2025, Non-Current Deferred Tax Liability fell 10.13% year-over-year to -$10.4 billion; the TTM figure through May 2025 stood at -$10.4 billion (down 10.13% YoY), while the FY2025 annual figure was -$10.3 billion, down 8.81% from the prior year.
- Non-Current Deferred Tax Liability for Q2 2025 stood at -$10.4 billion, down from -$10.1 billion in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $9.5 billion in Q1 2024, with the low at -$10.4 billion in Q2 2025.
- The 5-year median for Non-Current Deferred Tax Liability is -$8.9 billion (2023), against an average of -$3.8 billion.
- The sharpest annual moves came in 2022 and 2025: Non-Current Deferred Tax Liability soared 36.72% in 2022, then sank 206.14% in 2025.
- National Grid's Non-Current Deferred Tax Liability stood at $1.4 billion in 2021, then slumped by 661.05% to -$7.9 billion in 2022, then fell by 12.32% to -$8.9 billion in 2023, then dropped by 8.28% to -$9.7 billion in 2024, then fell by 8.24% to -$10.4 billion in 2025.
- Business Quant data shows NGG's Non-Current Deferred Tax Liability at -$10.4 billion in Q2 2025, -$10.1 billion in Q1 2025, and -$9.7 billion in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.19 Bn |
| Mar 31, 2026 | 12.19 Bn |
| Sep 30, 2025 | -10.95 Bn |
| Sep 30, 2025 | -10.95 Bn |
| May 15, 2025 | -10.45 Bn |
| May 15, 2025 | -10.45 Bn |
| Mar 31, 2025 | -10.12 Bn |
| Mar 31, 2025 | -10.12 Bn |
| Dec 31, 2024 | -9.65 Bn |
| Dec 31, 2024 | -9.65 Bn |
| Sep 30, 2024 | -9.42 Bn |
| Sep 30, 2024 | -9.42 Bn |
| May 23, 2024 | -9.49 Bn |
| May 23, 2024 | -9.49 Bn |
| Mar 31, 2024 | 9.54 Bn |
| Mar 31, 2024 | 9.54 Bn |
| Dec 31, 2023 | -8.91 Bn |
| Dec 31, 2023 | -8.91 Bn |
| Sep 30, 2023 | -9.21 Bn |
| Sep 30, 2023 | -9.21 Bn |