National Grid plc (NGG)
NYSE: NGG · Real-Time Price · USD
83.15
-2.77 (-3.22%)
At close: Nov 6, 2026, 4:00 PM EST
83.95
+0.80 (0.96%)
After-hours: Nov 6, 2026, 7:45 PM EST
National Grid Income Statement
Financials in millions GBP. Fiscal year is April - March.
Millions GBP. Fiscal year is Apr - Mar.
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
| 18,760 | 17,687 | 18,378 | 19,850 | 21,659 | 18,449 | |
Revenue Growth | 7.31% | -3.76% | -7.42% | -8.35% | 17.40% | 35.01% |
Provision for Bad Debts | 258 | 243 | 200 | 179 | 220 | 167 |
Other Operating Expenses | 12,683 | 12,275 | 13,188 | 14,085 | 17,234 | 14,077 |
Total Operating Expenses | 12,941 | 12,518 | 13,388 | 14,264 | 17,454 | 14,244 |
Operating Income | 5,819 | 5,169 | 4,990 | 5,586 | 4,205 | 4,205 |
Interest Expense | -1,486 | -1,526 | -1,680 | -1,621 | -1,592 | -1,084 |
Interest Income | 170 | 263 | 342 | 140 | 81 | 35 |
Net Interest Expense | -1,316 | -1,263 | -1,338 | -1,481 | -1,511 | -1,049 |
Income (Loss) on Equity Investments | 126 | 76 | 73 | 37 | 171 | 92 |
Other Non-Operating Income (Expenses) | -112 | -178 | -118 | -87 | -6 | 42 |
EBT Excluding Unusual Items | 4,517 | 3,804 | 3,607 | 4,055 | 2,859 | 3,290 |
Restructuring Charges | 15 | - | -74 | -65 | -100 | -42 |
Total Merger & Restructuring Charges | 2 | -17 | -65 | -44 | -117 | -223 |
Gain (Loss) on Sale of Investments | 77 | 2 | -302 | 4 | 307 | 402 |
Gain (Loss) on Sale of Assets | 489 | 393 | 187 | - | 511 | - |
Insurance Settlements | - | - | - | 92 | 130 | 38 |
Other Unusual Items | -14 | - | 297 | -994 | - | -24 |
Pretax Income | 5,086 | 4,182 | 3,650 | 3,048 | 3,590 | 3,441 |
Income Tax Expense | 1,117 | 939 | 821 | 831 | 876 | 1,258 |
Earnings From Continuing Ops. | 3,969 | 3,243 | 2,829 | 2,217 | 2,714 | 2,183 |
Earnings From Discontinued Ops. | - | - | 76 | 74 | 5,083 | 171 |
Net Income to Company | 3,969 | 3,243 | 2,905 | 2,291 | 7,797 | 2,354 |
Minority Interest in Earnings | -2 | -2 | -3 | -1 | - | -1 |
Net Income | 3,967 | 3,241 | 2,902 | 2,290 | 7,797 | 2,353 |
Net Income to Common | 3,967 | 3,241 | 2,902 | 2,290 | 7,797 | 2,353 |
Net Income Growth | 38.13% | 11.68% | 26.72% | -70.63% | 231.36% | 43.48% |
Shares Outstanding (Basic) | 4,981 | 4,946 | 4,707 | 3,991 | 3,659 | 3,599 |
Shares Outstanding (Diluted) | 5,006 | 4,971 | 4,729 | 4,008 | 3,676 | 3,616 |
Shares Change | 1.53% | 5.12% | 17.99% | 9.03% | 1.66% | 2.15% |
EPS (Basic) | 0.80 | 0.66 | 0.62 | 0.57 | 2.13 | 0.65 |
EPS (Diluted) | 0.79 | 0.65 | 0.61 | 0.57 | 2.12 | 0.65 |
EPS Growth | 35.98% | 6.18% | 7.46% | -73.05% | 226.13% | 40.39% |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | -2,850 | -2,160 | -1,972 | 35 | 573 | 1,174 |
Free Cash Flow Per Share | -0.57 | -0.43 | -0.42 | 0.01 | 0.16 | 0.33 |
Dividend Per Share | 0.491 | 0.485 | 0.467 | 0.585 | 0.554 | 0.510 |
Dividend Growth | 3.98% | 3.79% | -20.16% | 5.56% | 8.77% | 3.68% |
Profit Margin | 21.15% | 18.32% | 15.79% | 11.54% | 36.00% | 12.75% |
Free Cash Flow Margin | -15.19% | -12.21% | -10.73% | 0.18% | 2.65% | 6.36% |
EBITDA | 7,803 | 7,026 | 6,794 | 7,647 | 5,840 | 6,035 |
EBITDA Margin | 41.59% | 39.72% | 36.97% | 38.52% | 26.96% | 32.71% |
D&A For EBITDA | 1,984 | 1,857 | 1,804 | 2,061 | 1,635 | 1,830 |
EBIT | 5,819 | 5,169 | 4,990 | 5,586 | 4,205 | 4,205 |
EBIT Margin | 31.02% | 29.23% | 27.15% | 28.14% | 19.41% | 22.79% |
Effective Tax Rate | 21.96% | 22.45% | 22.49% | 27.26% | 24.40% | 36.56% |