National Grid (NGG) Tax Provisions (2009 - 2024)
National Grid (NGG) posted quarterly Tax Provisions of -$143.5 million for Q3 2024, up 62.88% year-over-year from -$88.1 million in Q4 2023, and up 88.43% quarter-over-quarter from -$1.2 billion in Q2 2024.
National Grid (NGG) Tax Provisions (2009 - 2024) Analysis & Trends
National Grid's Tax Provisions history runs 9 years deep, the most recent figure standing at -$143.5 million for Q3 2024.
- In Q3 2024, Tax Provisions rose 62.88% year-over-year to -$143.5 million; the TTM figure through Sep 2024 stood at -$2.8 billion (down 203.39% YoY), while the FY2025 annual figure was -$1.1 billion, up 10.85% from the prior year.
- Tax Provisions for Q3 2024 stood at -$143.5 million, up from -$1.2 billion in the prior quarter.
- The five-year high for Tax Provisions was -$143.5 million in Q3 2024, with the low at -$1.2 billion in Q2 2024.
- The 3-year median for Tax Provisions is -$386.5 million (2023), against an average of -$625.0 million.
- Peak annual rise in Tax Provisions reached 62.88% in 2024, while the deepest fall reached 15.01% in 2024.
- National Grid's Tax Provisions stood at -$276.8 million in 2022, then sank by 39.62% to -$386.5 million in 2023, then jumped by 62.88% to -$143.5 million in 2024.
- Business Quant data shows NGG's Tax Provisions at -$143.5 million in Q3 2024, -$1.2 billion in Q2 2024, and -$386.5 million in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 122.00 Mn |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | -60.00 Mn |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 27.00 Mn |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | 52.00 Mn |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 54.94 Mn |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 114.00 Mn |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 92.00 Mn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 49.88 Mn |
| 10 | Cms Energy | 21.23 Bn | 20.99 Bn | 3.65 Bn | 118.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | -143.46 Mn |
| May 23, 2024 | -1.24 Bn |
| Sep 30, 2023 | -386.50 Mn |
| May 18, 2023 | -1.08 Bn |
| Dec 31, 2022 | -276.81 Mn |
| Mar 31, 2017 | 802.71 Mn |
| Sep 30, 2016 | 28.89 Mn |
| Dec 31, 2015 | -458.28 Mn |
| Sep 30, 2015 | -460.55 Mn |
| Sep 30, 2014 | -145.89 |
| Sep 30, 2011 | -233.35 Mn |
| Sep 30, 2009 | -392.19 Mn |