National Grid Plc (NMKBP) Debt to Equity (2017 - 2025)

National Grid's Debt to Equity history runs 9 years deep, the most recent figure standing at $1.26 for Q1 2025.

• In Q1 2025, Debt to Equity fell 20.21% year-over-year to $1.26; the TTM figure through Mar 2025 stood at $1.26 (down 20.21% YoY), while the FY2025 annual figure was $1.26, down 20.21% from the prior year.
• Debt to Equity was $1.26 for Q1 2025 at National Grid, down from $1.58 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $1.91 in Q1 2022 to a low of $1.26 in Q1 2025.
• Historically, Debt to Equity has averaged $1.55 across 5 years, with a median of $1.57 in 2021.
• The sharpest annual moves came in 2022 and 2023: Debt to Equity gained 21.22% in 2022, then fell 23.72% in 2023.
• A 5-year view of Debt to Equity shows it stood at $1.57 in 2021, then gained by 21.22% to $1.91 in 2022, then fell by 23.72% to $1.46 in 2023, then grew by 8.3% to $1.58 in 2024, then fell by 20.21% to $1.26 in 2025.
• The last three Debt to Equity figures came in at $1.26 (Q1 2025), $1.58 (Q1 2024), and $1.46 (Q1 2023), per Business Quant data.