National Grid (NGG) Total Debt (2009 - 2026)
National Grid (NGG) posted quarterly Total Debt of -$55.7 billion for Q2 2025, down 4.64% year-over-year from -$58.4 billion in Q2 2024, and down 15.77% quarter-over-quarter from -$48.1 billion in Q1 2025.
National Grid (NGG) Total Debt (2009 - 2026) Analysis & Trends
National Grid's Total Debt history runs 17 years deep, the most recent figure standing at -$55.7 billion for Q2 2025.
- In Q2 2025, Total Debt fell 4.64% year-over-year to -$55.7 billion; the TTM figure through May 2025 stood at -$55.7 billion (down 4.64% YoY), while the FY2025 annual figure was -$55.1 billion, down 3.39% from the prior year.
- Total Debt for Q2 2025 stood at -$55.7 billion, down from -$48.1 billion in the prior quarter.
- The five-year high for Total Debt was $61.0 billion in Q1 2022, with the low at -$55.7 billion in Q2 2025.
- The 5-year median for Total Debt is -$48.1 billion (2025), against an average of -$17.3 billion.
- The sharpest annual moves came in 2022 and 2025: Total Debt surged 41.71% in 2022, then plunged 180.61% in 2025.
- National Grid's Total Debt stood at $9.3 billion in 2021, then tumbled by 518.29% to -$39.1 billion in 2022, then declined by 27.03% to -$49.7 billion in 2023, then fell by 9.05% to -$54.2 billion in 2024, then dropped by 2.85% to -$55.7 billion in 2025.
- Business Quant data shows NGG's Total Debt at -$55.7 billion in Q2 2025, -$48.1 billion in Q1 2025, and -$54.2 billion in Q4 2024.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | 63.03 Bn |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 50.76 Bn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 39.46 Bn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 21.15 Bn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | 20.59 Bn |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 44.68 Bn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 25.98 Bn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 28.48 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | 14.41 Bn |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 19.04 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.03 Bn |
| May 15, 2025 | -55.72 Bn |
| Mar 31, 2025 | -48.13 Bn |
| Dec 31, 2024 | -54.18 Bn |
| Sep 30, 2024 | -50.94 Bn |
| May 23, 2024 | -53.25 Bn |
| Mar 31, 2024 | 59.71 Bn |
| Dec 31, 2023 | -49.68 Bn |
| Sep 30, 2023 | -49.62 Bn |
| May 18, 2023 | -49.27 Bn |
| Mar 31, 2023 | 52.25 Bn |
| Dec 31, 2022 | -39.11 Bn |
| Sep 30, 2022 | -35.57 Bn |
| Mar 31, 2022 | 61.01 Bn |
| Jun 14, 2021 | 9.35 Bn |
| Mar 31, 2021 | 43.05 Bn |
| Mar 31, 2020 | 39.47 Bn |
| Mar 31, 2019 | 37.40 Bn |
| Sep 30, 2018 | 4.30 Bn |
| Mar 31, 2018 | 37.04 Bn |