National Grid Plc (NMKBP) Gross Margin (2011 - 2024)

National Grid (NMKBP) recorded quarterly Gross Margin of 22.59% in Q3 2024, down 3.38% quarter-over-quarter from 23.39% in Q2 2024, and down 937.0% on a YoY basis from 2.7% in Q4 2023.

National Grid Plc (NMKBP) Gross Margin (2011 - 2024) Analysis & Trends

National Grid's Gross Margin history runs 6 years deep, the most recent figure standing at 22.59% for Q3 2024.

  • In Q3 2024, Gross Margin fell 937.0% year-over-year to 22.59%; the TTM figure through Sep 2024 stood at 29.43% (up 542.0% YoY), while the FY2025 annual figure was 27.02%, up 363.0% from the prior year.
  • Gross Margin was 22.59% for Q3 2024 at National Grid, down from 23.39% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 31.97% in Q3 2023 to a low of 18.98% in Q2 2023.

Peer Comparison

Historic Data

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DateValue
Sep 30, 2024 22.59%
May 23, 2024 23.39%
Sep 30, 2023 31.97%
May 18, 2023 18.98%
Sep 30, 2016 24.85%
Sep 30, 2015 26.98%
Sep 30, 2014 39.09%
Sep 30, 2011 23.66%