National Grid plc (NGG)
NYSE: NGG · Real-Time Price · USD
82.32
-1.21 (-1.45%)
Jul 9, 2026, 4:00 PM EDT - Market closed
National Grid Income Statement
Financials in millions GBP. Fiscal year is April - March.
Millions GBP. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
| 17,687 | 18,378 | 19,850 | 21,659 | 18,449 | |
Revenue Growth (YoY) | -3.76% | -7.42% | -8.35% | 17.40% | 35.01% |
Gross Profit | 17,687 | 18,378 | 19,850 | 21,659 | 18,449 |
Net Gains on Disposal of Operating Assets | 489 | - | 12 | 989 | 228 |
Other Operating Expenses | 12,745 | 13,444 | 15,387 | 17,769 | 14,306 |
Operating Income | 5,431 | 4,934 | 4,475 | 4,879 | 4,371 |
Interest Income | 380 | 450 | 248 | 138 | 50 |
Interest Expense | -1,705 | -1,807 | -1,712 | -1,598 | -1,072 |
Other Non-Operating Income (Expense) | 76 | 73 | 37 | 171 | 92 |
Total Non-Operating Income (Expense) | -1,249 | -1,284 | -1,427 | -1,289 | -930 |
Pretax Income | 4,182 | 3,650 | 3,048 | 3,590 | 3,441 |
Provision for Income Taxes | 939 | 821 | 831 | 876 | 1,258 |
Net Income | 3,243 | 2,829 | 2,217 | 2,714 | 2,183 |
Minority Interest in Earnings | 2 | 3 | 1 | - | 1 |
Earnings From Discontinued Operations | - | 76 | 74 | 5,083 | 171 |
Net Income to Common | 3,241 | 2,902 | 2,290 | 7,797 | 2,353 |
Net Income Growth | 11.68% | 26.72% | -70.63% | 231.36% | 43.48% |
Shares Outstanding (Basic) | 989 | 941 | 798 | 791 | 720 |
Shares Outstanding (Diluted) | 994 | 946 | 802 | 795 | 723 |
Shares Change (YoY) | 5.12% | 17.99% | 0.88% | 9.87% | 2.15% |
EPS (Basic) | 3.27 | 3.08 | 2.87 | 9.86 | 3.27 |
EPS (Diluted) | 3.26 | 3.07 | 2.85 | 9.81 | 3.25 |
EPS Growth | 6.19% | 7.53% | -70.90% | 201.85% | 40.39% |
Free Cash Flow | -2,160 | -1,972 | 35 | 18 | 392 |
Free Cash Flow Growth | - | - | 94.44% | -95.41% | - |
Free Cash Flow Per Share | -2.17 | -2.09 | 0.04 | 0.02 | 0.54 |
Dividends Per Share | 0.485 | 0.467 | 0.585 | 0.554 | 0.510 |
Dividend Growth | 3.79% | -20.16% | 5.56% | 8.77% | 3.68% |
Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
Operating Margin | 30.71% | 26.85% | 22.54% | 22.53% | 23.69% |
Profit Margin | 18.34% | 15.39% | 11.17% | 12.53% | 11.83% |
FCF Margin | -12.21% | -10.73% | 0.18% | 0.08% | 2.12% |
EBITDA | 7,678 | 7,413 | 6,536 | 6,863 | 6,201 |
EBITDA Margin | 43.41% | 40.34% | 32.93% | 31.69% | 33.61% |
EBIT | 5,431 | 4,934 | 4,475 | 4,879 | 4,371 |
EBIT Margin | 30.71% | 26.85% | 22.54% | 22.53% | 23.69% |
Effective Tax Rate | 22.45% | 22.49% | 27.26% | 24.40% | 36.56% |