National Grid EBITDA Margin Growth & History (NG.)

National Grid's ebitda margin was 45.67% for fiscal 2026.

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National Grid annual ebitda margin history

National Grid annual ebitda margin

Fiscal yearPeriod endedEBITDA marginChange (percentage points)
20262026-03-3145.67%+2.47 pp
20252025-03-3143.20%+8.78 pp
20242024-03-3134.42%+0.93 pp
20232023-03-3133.49%
20182018-03-3132.94%+1.75 pp
20172017-03-3131.19%−3.15 pp
20162016-03-3134.33%

National Grid ebitda margin trends

Between the periods ended 2016-03-31 and 2026-03-31, National Grid's ebitda margin increased from 34.33% to 45.67%, a change of +11.34 percentage points.

About the metric

What EBITDA margin means

EBITDA margin measures EBITDA as a percentage of revenue. It can help compare operating profitability over time, but it excludes capital intensity, financing costs, taxes, and other items and is generally unsuitable for financial companies.

Calculation and source

How EBITDA margin is calculated

TickerStat calculates EBITDA margin as EBITDA divided by positive reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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