National Grid (NGG) Return on Capital Employed [ROCE] (2022 - 2024)
National Grid's Return on Capital Employed [ROCE] was 4.66% in FY2026 (year ended Mar 31, 2026).
Powered by 
Analysis
National Grid (NGG) Return on Capital Employed [ROCE] (2022 - 2024) Analysis & Trends
From FY2009 onward, National Grid has reported Return on Capital Employed [ROCE] for 15 fiscal years.
- Return on Capital Employed [ROCE] shows a five-year change of +1.46 percentage points (FY2021 to FY2026).
- The FY2026 figure marks the highest annual Return on Capital Employed [ROCE] since FY2023.
- Per Business Quant data, Return on Capital Employed [ROCE] in earlier fiscal years was 4.25% in FY2025 (+0.15 pp), 4.10% in FY2024 (-0.71 pp), 4.81% in FY2023 (+1.31 pp) and 3.51% in FY2022 (+0.30 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Nextera Energy | 162.78 Bn | 152.72 Bn | - | 4.32% |
| 2 | Southern | 100.19 Bn | 91.25 Bn | 5.92 Bn | 5.08% |
| 3 | Duke Energy | 91.91 Bn | 88.50 Bn | 6.74 Bn | 5.10% |
| 4 | National Grid | 77.40 Bn | 49.69 Bn | - | - |
| 5 | American Electric Power | 68.36 Bn | 65.53 Bn | 3.84 Bn | 4.97% |
| 6 | Dominion Energy | 54.82 Bn | 52.81 Bn | - | 3.53% |
| 7 | Sempra | 53.87 Bn | 52.99 Bn | 2.89 Bn | 2.73% |
| 8 | Entergy | 48.18 Bn | 37.31 Bn | - | 4.51% |
| 9 | Xcel Energy | 46.63 Bn | 41.53 Bn | - | 3.61% |
| 10 | Exelon | 43.40 Bn | 38.71 Bn | - | 4.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 23, 2024 | 2.78% |
| May 18, 2023 | 0.69% |
| Dec 31, 2022 | 0.39% |
API Access
National Grid Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=NGG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=NGG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();