NGG
Income statement / Annual
Last year (2025), National Grid plc's total revenue was $18.38 B,
a decrease of 7.42% from the previous year.
In 2025, National Grid plc's net income was $2.90 B.
See National Grid plc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
03/31/2025 |
03/31/2024 |
03/31/2023 |
03/31/2022 |
03/31/2021 |
03/31/2020 |
03/31/2019 |
03/31/2018 |
03/31/2017 |
03/31/2016 |
| Operating Revenue |
$18.38 B |
$19.85 B |
$21.66 B |
$18.45 B |
$18.45 B |
$13.36 B |
$14.93 B |
$15.25 B |
$15.04 B |
$13.21 B |
| Cost of Revenue |
$4.15 B
|
$5.27 B
|
$8.62 B
|
$6.10 B
|
$6.10 B
|
$4.04 B
|
$3.15 B
|
$2.84 B
|
$2.38 B
|
$2.29 B
|
| Gross Profit |
$14.23 B
|
$14.58 B
|
$13.04 B
|
$12.35 B
|
$12.35 B
|
$9.32 B
|
$11.79 B
|
$12.41 B
|
$12.65 B
|
$10.92 B
|
| Gross Profit Ratio |
0.77
|
0.73
|
0.6
|
0.67
|
0.67
|
0.7
|
0.79
|
0.81
|
0.84
|
0.83
|
| Research and Development Expenses |
$42.40 M
|
$32.03 M
|
$22.39 M
|
$11.45 M
|
$11.34 M
|
$14.39 M
|
$19.04 M
|
$12.25 M
|
$14.61 M
|
$19.97 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$9.29 B
|
$10.10 B
|
$8.16 B
|
$7.98 B
|
$7.98 B
|
$7.03 B
|
$8.92 B
|
$8.92 B
|
$9.44 B
|
$7.70 B
|
| Operating Expenses |
$9.29 B
|
$10.10 B
|
$8.16 B
|
$7.98 B
|
$7.98 B
|
$7.05 B
|
$8.92 B
|
$8.92 B
|
$9.44 B
|
$7.70 B
|
| Cost And Expenses |
$13.44 B
|
$15.38 B
|
$16.78 B
|
$14.08 B
|
$14.08 B
|
$11.08 B
|
$12.06 B
|
$11.76 B
|
$11.83 B
|
$9.99 B
|
| Interest Income |
$336.21 M
|
$140.12 M
|
$77.86 M
|
$64.52 M
|
$31.18 M
|
$49.34 M
|
$54.12 M
|
$50.89 M
|
$29.23 M
|
$23.12 M
|
| Interest Expense |
$1.38 B
|
$1.35 B
|
$1.38 B
|
$1.07 B
|
$685.03 M
|
$1.01 B
|
$929.01 M
|
$942.39 M
|
$933.21 M
|
$772.37 M
|
| Depreciation & Amortization |
$2.26 B
|
$2.16 B
|
$2.01 B
|
$1.98 B
|
$1.47 B
|
$1.76 B
|
$1.81 B
|
$1.50 B
|
$1.61 B
|
$1.44 B
|
| EBITDA |
$7.16 B |
$6.52 B |
$6.72 B |
$6.53 B |
$3.67 B |
$4.48 B |
$4.54 B |
$4.91 B |
$4.76 B |
$4.60 B |
| EBITDA Ratio |
0.39
|
0.33
|
0.31
|
0.35
|
0.2
|
0.34
|
0.3
|
0.32
|
0.32
|
0.35
|
| Operating Income Ratio |
0.25
|
0.28
|
0.14
|
0.22
|
0.12
|
0.25
|
0.23
|
0.21
|
0.26
|
0.25
|
| Total Other Income/Expenses Net |
-$1.28 B
|
-$1.43 B
|
-$1.29 B
|
-$930.00 M
|
-$930.00 M
|
-$879.00 M
|
-$1.03 B
|
-$833.00 M
|
-$1.02 B
|
-$896.00 M
|
| Income Before Tax |
$3.65 B
|
$3.05 B
|
$3.59 B
|
$3.44 B
|
$3.44 B
|
$1.40 B
|
$1.84 B
|
$2.66 B
|
$2.18 B
|
$2.33 B
|
| Income Before Tax Ratio |
0.2
|
0.15
|
0.17
|
0.19
|
0.19
|
0.1
|
0.12
|
0.17
|
0.15
|
0.18
|
| Income Tax Expense |
$821.00 M
|
$831.00 M
|
$876.00 M
|
$1.26 B
|
$1.26 B
|
$370.00 M
|
$339.00 M
|
-$889.00 M
|
$374.00 M
|
$427.00 M
|
| Net Income |
$2.90 B
|
$2.29 B
|
$7.80 B
|
$2.35 B
|
$2.35 B
|
$1.26 B
|
$1.51 B
|
$3.55 B
|
$7.80 B
|
$2.59 B
|
| Net Income Ratio |
0.16
|
0.12
|
0.36
|
0.13
|
0.13
|
0.09
|
0.1
|
0.23
|
0.52
|
0.2
|
| EPS |
3.04 |
2.85 |
9.55 |
3.13 |
3.01 |
1.71 |
2.06 |
4.44 |
3.44 |
3.62 |
| EPS Diluted |
3.03 |
2.84 |
9.5 |
3.11 |
2.99 |
1.7 |
2.05 |
4.42 |
3.42 |
3.6 |
| Weighted Average Shares Out |
$941.40 M
|
$803.38 M
|
$796.20 M
|
$783.15 M
|
$783.15 M
|
$753.12 M
|
$736.80 M
|
$753.12 M
|
$750.60 M
|
$752.79 M
|
| Weighted Average Shares Out Diluted |
$945.80 M
|
$807.08 M
|
$799.90 M
|
$786.84 M
|
$786.84 M
|
$756.82 M
|
$740.06 M
|
$756.38 M
|
$753.99 M
|
$755.98 M
|
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