National Grid Plc (NMKBP) Non-Current Deferred Tax Liability (2009 - 2025)

National Grid (NMKBP) recorded quarterly Non-Current Deferred Tax Liability of -$10.4 billion in Q2 2025, down 3.18% quarter-over-quarter from -$10.1 billion in Q1 2025, and down 10.13% on a YoY basis from -$11.6 billion in Q2 2024.

National Grid Plc (NMKBP) Non-Current Deferred Tax Liability (2009 - 2025) Analysis & Trends

National Grid's Non-Current Deferred Tax Liability history runs 17 years deep, the most recent figure standing at -$10.4 billion for Q2 2025.

  • In Q2 2025, Non-Current Deferred Tax Liability fell 10.13% year-over-year to -$10.4 billion; the TTM figure through May 2025 stood at -$10.4 billion (down 10.13% YoY), while the FY2025 annual figure was -$10.3 billion, down 8.81% from the prior year.
  • Non-Current Deferred Tax Liability was -$10.4 billion for Q2 2025 at National Grid, down from -$10.1 billion in the prior quarter.
  • In the past five years, Non-Current Deferred Tax Liability ranged from a high of $9.5 billion in Q1 2024 to a low of -$10.4 billion in Q2 2025.
  • Historically, Non-Current Deferred Tax Liability has averaged -$3.8 billion across 5 years, with a median of -$8.9 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Non-Current Deferred Tax Liability jumped 36.72% in 2022, then slumped 206.14% in 2025.
  • A 5-year view of Non-Current Deferred Tax Liability shows it stood at $1.4 billion in 2021, then tumbled by 661.05% to -$7.9 billion in 2022, then retreated by 12.32% to -$8.9 billion in 2023, then declined by 8.28% to -$9.7 billion in 2024, then retreated by 8.24% to -$10.4 billion in 2025.
  • The last three Non-Current Deferred Tax Liability figures came in at -$10.4 billion (Q2 2025), -$10.1 billion (Q1 2025), and -$9.7 billion (Q4 2024), per Business Quant data.

Peer Comparison

Historic Data

Download Data
DateValue
May 15, 2025 -10.45 Bn
May 15, 2025 -10.45 Bn
Mar 31, 2025 -10.12 Bn
Mar 31, 2025 -10.12 Bn
Dec 31, 2024 -9.65 Bn
Dec 31, 2024 -9.65 Bn
Sep 30, 2024 -9.42 Bn
Sep 30, 2024 -9.42 Bn
May 23, 2024 -9.49 Bn
May 23, 2024 -9.49 Bn
Mar 31, 2024 9.54 Bn
Mar 31, 2024 9.54 Bn
Dec 31, 2023 -8.91 Bn
Dec 31, 2023 -8.91 Bn
Sep 30, 2023 -9.21 Bn
Sep 30, 2023 -9.21 Bn
May 18, 2023 -8.84 Bn
May 18, 2023 -8.84 Bn
Mar 31, 2023 8.73 Bn
Mar 31, 2023 8.73 Bn