NYSE · NATURAL GAS TRANSMISSION · LARGE CAP
National Grid PLC NGG
10 fiscal years on record · GBP · FY2024 reported · SEC filings only
Slide the table for earlier years · "·" marks a figure not available in our data for that year.
Growth
GBP 18.4B
Revenue, FY2024 · full 10-year series below
Revenue £B
Net income £B
FY2024 · Revenue 18.4 · Net income 2.9
10B20B
2015201820212024
Compound annual growth
−0.1%
+6.6%
+7.2%
+18.1%
−1.9%
+11.1%
+3.6%
+2.8%
+18.4%
+11.4%
3 yrs
5 yrs
10 yrs
15 yrs
Revenue compounded at +6.6% a year over the five years to FY2024 — but profit grew faster: net income at +18.1%, earnings per share at +11.1%.
Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.
Profitability
16 cents
of every revenue dollar became profit
Operating margin
Net margin
FY2024 · Operating 26.8% · Net 15.8%
20%40%
201520192024
ROE
FY2024 · ROE 8.6%
20%40%
201520192024
Three returns, three denominators.
Each GBP of equity produced 9 cents of profit this year.
The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · GBP
row low → row highnegative—not applicable◌not available in our data
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue £B | 18.4 | 19.9 | 21.7 | 18.4 | 13.7 | 13.4 | 14.9 | 15.2 | 15.0 | 13.2 |
| Operating income £B | 4.9 | 4.5 | 4.9 | 4.4 | 2.4 | 2.3 | 2.9 | 3.5 | 3.2 | 3.2 |
| EBITDA £B | 7.1 | 6.5 | 6.9 | 6.2 | 3.9 | 3.7 | 4.6 | 5.0 | 4.7 | 4.5 |
| Income tax £B | 0.8 | 0.8 | 0.9 | 1.3 | 0.4 | 0.4 | 0.3 | −0.9 | 0.4 | 0.4 |
| Net income £B | 2.9 | 2.3 | 7.8 | 2.4 | 1.6 | 1.3 | 1.5 | 3.5 | 7.8 | 2.6 |
| EPS, diluted £ | 0.61 | 0.57 | 1.96 | 0.65 | 0.46 | 0.36 | 0.44 | 1.02 | 2.06 | 0.68 |
| Dividend / sh £ | 0.55 | 0.57 | 0.52 | 0.49 | 0.49 | 0.48 | 0.47 | 1.29 | 0.44 | 43.16 |
| Payout % | 53 | 75 | 21 | 39 | 86 | 71 | 77 | 126 | 19 | 52 |
| ROE % | 8.6 | 7.7 | 29.2 | 10.8 | 8.3 | 6.4 | 7.8 | 18.0 | 45.9 | 19.1 |
Slide the table for earlier years. "—" not applicable · "◌" not available in our data.
Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED
Reconciled in 10 of the 10 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Eight checks were skipped: EPS is not tagged before 2015.
EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityNatural Gas Transmission
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsMarch 31
Data on record since2015