National Grid (NGG) Retained Earnings (2009 - 2026)
National Grid (NGG) posted quarterly Retained Earnings of -$5.5 billion for Q2 2025, down 9.29% year-over-year from -$6.1 billion in Q2 2024, and down 3.18% quarter-over-quarter from -$5.3 billion in Q1 2025.
National Grid (NGG) Retained Earnings (2009 - 2026) Analysis & Trends
National Grid's Retained Earnings history runs 17 years deep, the most recent figure standing at -$5.5 billion for Q2 2025.
- In Q2 2025, Retained Earnings fell 9.29% year-over-year to -$5.5 billion; the TTM figure through May 2025 stood at -$5.5 billion (down 9.29% YoY), while the FY2025 annual figure was -$5.4 billion, down 7.98% from the prior year.
- Retained Earnings for Q2 2025 stood at -$5.5 billion, down from -$5.3 billion in the prior quarter.
- The five-year high for Retained Earnings was $40.7 billion in Q1 2024, with the low at -$7.0 billion in Q1 2021.
- The 5-year median for Retained Earnings is -$5.1 billion (2024), against an average of -$1.9 billion.
- The sharpest annual moves came in 2024 and 2025: Retained Earnings soared 966.95% in 2024, then plunged 113.11% in 2025.
- National Grid's Retained Earnings stood at -$7.0 billion in 2021, then rose by 23.81% to -$5.4 billion in 2022, then advanced by 10.49% to -$4.8 billion in 2023, then dropped by 6.89% to -$5.1 billion in 2024, then declined by 7.42% to -$5.5 billion in 2025.
- Business Quant data shows NGG's Retained Earnings at -$5.5 billion in Q2 2025, -$5.3 billion in Q1 2025, and -$5.1 billion in Q4 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | 56.50 Bn |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 2.08 Bn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 9.61 Bn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 8.98 Bn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 8.13 Bn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 4.01 Bn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 11.10 Bn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 459.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 5.25 Bn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 2.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.50 Bn |
| Sep 30, 2025 | 53.95 Bn |
| May 15, 2025 | -5.50 Bn |
| Mar 31, 2025 | -5.33 Bn |
| Dec 31, 2024 | -5.12 Bn |
| Sep 30, 2024 | -6.09 Bn |
| May 23, 2024 | -5.03 Bn |
| Mar 31, 2024 | 40.68 Bn |
| Dec 31, 2023 | -4.79 Bn |
| Sep 30, 2023 | -4.51 Bn |
| May 18, 2023 | -4.75 Bn |
| Mar 31, 2023 | -4.69 Bn |
| Dec 31, 2022 | -5.35 Bn |
| Sep 30, 2022 | -2.44 Bn |
| Mar 31, 2022 | -6.12 Bn |
| Mar 31, 2021 | -7.02 Bn |
| Mar 31, 2020 | -4.99 Bn |
| Mar 31, 2019 | -5.50 Bn |
| Sep 30, 2018 | -5.92 Bn |
| Mar 31, 2018 | 30.30 Bn |