National Grid (ADR) (NGG)
Operates regulated electricity and gas networks across Britain and the northeastern United States.
$76.89
vs last close+0.21 (+0.27%)
In millions of USD, except per-share figures · converted from GBP at the latest rate
| In millions | Q2 FY21Sep 2020 | Q4 FY21Mar 2021 | Q2 FY22Sep 2021 | Q4 FY22Mar 2022 | Q2 FY23Sep 2022 | Q4 FY23Mar 2023 | Q2 FY24Sep 2023 | Q4 FY24Mar 2024 | Q2 FY25Sep 2024 | Q4 FY25Mar 2025 | Q2 FY26Sep 2025 | Q4 FY26Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,930 | 9,888 | 9,507 | 15,716 | 12,591 | 16,285 | 11,317 | 15,131 | 10,157 | 13,638 | 9,397 | 14,374 |
| Cost of revenue | 6,560 | 8,075 | 7,722 | 12,159 | 0 | 0 | 0 | 10,390 | 8,613 | 8,984 | 7,249 | 8,765 |
| Gross profit | 1,370 | 1,813 | 1,785 | 3,558 | 12,591 | 16,285 | 11,317 | 4,741 | 1,544 | 4,654 | 2,148 | 5,609 |
| 0 | 0 | 0 | 0 | 9,606 | 12,765 | 8,671 | 0 | 0 | 0 | 0 | 0 | |
| Selling, general & administrative | 0 | 0 | 0 | 0 | 0 | 165 | 53 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 0 | 0 | 0 | 9,591 | 12,569 | 8,618 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 1,370 | 1,813 | 1,785 | 3,558 | 2,985 | 3,520 | 2,646 | 4,741 | 1,544 | 4,654 | 2,148 | 5,609 |
| −608 | −407 | −301 | −337 | −764 | −955 | −819 | −2,508 | −671 | −771 | −1,049 | −1,068 | |
| Interest income | 17 | 29 | 62 | 27 | 41 | 67 | 99 | 91 | 231 | 211 | 207 | 145 |
| Interest expense | 490 | 455 | 666 | 736 | 1,110 | 853 | 1,081 | 746 | 1,068 | 731 | 1,092 | 644 |
| Other non-operating income | 157 | −12 | −308 | −329 | 503 | 396 | −12 | 1,717 | −324 | 62 | 9 | 424 |
| Income before tax | 762 | 1,406 | 1,483 | 3,220 | 2,221 | 2,565 | 1,828 | 2,234 | 873 | 3,883 | 1,099 | 4,541 |
| Income tax expense | 119 | 350 | 968 | 752 | 596 | 572 | 409 | 698 | 143 | 928 | 277 | 989 |
| Net income from continuing operations | 643 | 1,056 | 515 | 2,468 | 1,625 | 1,993 | 1,419 | 1,536 | 730 | 2,955 | 822 | 3,552 |
| Discontinued operations | 144 | 295 | 136 | 98 | 49 | 6,727 | 87 | 12 | 97 | 0 | 0 | 0 |
| Net income | 786 | 1,352 | 649 | 2,566 | 1,674 | 8,720 | 1,504 | 1,548 | 825 | 2,952 | 821 | 3,551 |
| EPS, basic | $1.03 | $1.76 | $0.84 | $3.24 | $2.31 | $10.60 | $1.95 | $1.92 | $0.91 | $3.01 | $0.80 | $3.60 |
| EPS, diluted | $1.03 | $1.75 | $0.83 | $3.24 | $2.31 | $10.53 | $1.93 | $1.91 | $0.91 | $3.01 | $0.80 | $3.60 |
| Weighted average shares, basic | 764 | 768 | 777 | 793 | 794 | 797 | 801 | 806 | 905 | 980 | 985 | 995 |
| Weighted average shares, diluted | 768 | 772 | 780 | 793 | 798 | 800 | 805 | 809 | 909 | 980 | 990 | 995 |
| EBITDA | 2,209 | 2,767 | 3,243 | 5,239 | 3,725 | 4,061 | 4,020 | 4,410 | 3,218 | 6,055 | 3,604 | 6,735 |
| Depreciation & amortization | 995 | 942 | 1,150 | 1,352 | 1,243 | 937 | 1,361 | 1,385 | 1,350 | 1,462 | 1,466 | 1,549 |
| EBIT | 1,214 | 1,825 | 2,093 | 3,887 | 2,482 | 3,124 | 2,658 | 3,025 | 1,868 | 4,593 | 2,139 | 5,186 |