National Grid Net Profit Margin Growth & History (NG.)
National Grid's net profit margin was 18.34% for fiscal 2026.
View full National Grid company overviewNational Grid annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | 18.34% | +2.53 pp |
| 2025 | 2025-03-31 | 15.81% | +4.27 pp |
| 2024 | 2024-03-31 | 11.54% | −24.46 pp |
| 2023 | 2023-03-31 | 36.00% | +23.24 pp |
| 2022 | 2022-03-31 | 12.76% | +0.75 pp |
| 2021 | 2021-03-31 | 12.01% | +2.54 pp |
| 2020 | 2020-03-31 | 9.47% | −0.67 pp |
| 2019 | 2019-03-31 | 10.14% | −13.15 pp |
| 2018 | 2018-03-31 | 23.29% | −28.55 pp |
| 2017 | 2017-03-31 | 51.84% | +32.21 pp |
| 2016 | 2016-03-31 | 19.63% | — |
National Grid net profit margin trends
Over the last five fiscal years, National Grid's net profit margin increased from 12.01% to 18.34%, a change of +6.33 percentage points.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-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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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 ...