National Grid (NGG) Payout Ratio (2009 - 2025)
National Grid (NGG) posted Payout Ratio of 1.45 for Q3 2025, down 15.59% on a QoQ basis from 1.25 in Q3 2024, and down 15.59% year-over-year from 1.72 in Q3 2024.
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Analysis
National Grid (NGG) Payout Ratio (2009 - 2025) Analysis & Trends
National Grid has reported Payout Ratio for 11 years, with the latest figure at 1.45 in Q3 2025.
- On a quarterly basis, Payout Ratio fell 15.59% year-over-year to 1.45 in Q3 2025; TTM through Sep 2025 was 0.92, a 110.75% decrease from a year earlier, with the FY2026 full-year figure at 0.5, up 4.95% from the prior year.
- Payout Ratio was 1.45 for Q3 2025 at National Grid, down from 1.25 in the prior quarter.
- The five-year high for Payout Ratio was 0.21 in Q2 2023, with the low at 1.45 in Q3 2025.
- Average Payout Ratio over 4 years is 0.92, with a median of 1.04 recorded in 2022.
- The largest YoY upside for Payout Ratio was 6.71% in 2024 against a maximum downside of 167.77% in 2024.
- Over 4 years, Payout Ratio stood at 0.91 in 2022, then declined by 29.44% to 1.17 in 2023, then dropped by 6.71% to 1.25 in 2024, then dropped by 15.59% to 1.45 in 2025.
- The last three Payout Ratio figures came in at 1.45 (Q3 2025), 1.25 (Q3 2024), and 0.55 (Q2 2024), 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 |
|---|---|
| Sep 30, 2025 | -1.45 |
| Sep 30, 2024 | -1.25 |
| May 23, 2024 | -0.55 |
| Sep 30, 2023 | -1.17 |
| May 18, 2023 | -0.21 |
| Dec 31, 2022 | -0.91 |
| Sep 30, 2017 | -6.13 |
| Sep 30, 2016 | -1.83 |
| Sep 30, 2015 | -0.77 |
| Sep 30, 2014 | -2.38 |
| Sep 30, 2013 | -0.42 |
| Sep 30, 2012 | -0.48 |
| Sep 30, 2009 | -0.60 |
API Access
National Grid Payout Ratio 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=payout-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();