National Grid annual asset turnover
2018
2019
2020
2021
2022
2023
2024
2025
2026
National Grid Asset Turnover Growth & History (NG.)
National Grid's asset turnover was 0.16 for fiscal 2026.
View full National Grid company overviewNational Grid annual asset turnover history
| Fiscal year | Period ended | Asset turnover | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.16 | −0.01 | −8.22% |
| 2025 | 2025-03-31 | 0.18 | −0.03 | −13.76% |
| 2024 | 2024-03-31 | 0.21 | −0.02 | −10.01% |
| 2023 | 2023-03-31 | 0.23 | 0.00 | +1.45% |
| 2022 | 2022-03-31 | 0.23 | 0.02 | +12.27% |
| 2021 | 2021-03-31 | 0.20 | −0.00 | −0.60% |
| 2020 | 2020-03-31 | 0.20 | −0.04 | −16.24% |
| 2019 | 2019-03-31 | 0.24 | −0.00 | −0.14% |
| 2018 | 2018-03-31 | 0.24 | — | — |
National Grid asset turnover trends
Over the last five fiscal years, National Grid's asset turnover decreased from 0.20 to 0.16, a change of −0.04.
About the metric
What asset turnover means
Asset turnover measures how much revenue a company generates for each unit of assets employed in the business. A higher ratio generally indicates more efficient asset use, although useful comparisons depend heavily on the industry.
Calculation and source
How asset turnover is calculated
TickerStat calculates annual asset turnover as reported revenue divided by average total assets. Quarterly values use trailing-12-month revenue and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review National Grid source filings ↗Community posts
National Grid wins planning consent for Sea Link, with construction expected in 2027
National Grid (London: NG.) received development consent for Sea Link on 30 October 2026, clearing a major planning step for its electricity connection between Suffolk and Kent. The project includes a 138 km high-voltage link, largely offsh ...
