National Grid annual return on equity
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
National Grid Return on Equity (ROE) Growth & History (NG.)
National Grid's return on equity was 8.41% for fiscal 2026.
View full National Grid company overviewNational Grid annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | 8.41% | −0.18 pp |
| 2025 | 2025-03-31 | 8.59% | +0.87 pp |
| 2024 | 2024-03-31 | 7.71% | −21.50 pp |
| 2023 | 2023-03-31 | 29.22% | +18.44 pp |
| 2022 | 2022-03-31 | 10.78% | +2.49 pp |
| 2021 | 2021-03-31 | 8.29% | +1.85 pp |
| 2020 | 2020-03-31 | 6.43% | −1.42 pp |
| 2019 | 2019-03-31 | 7.85% | −10.18 pp |
| 2018 | 2018-03-31 | 18.03% | −27.91 pp |
| 2017 | 2017-03-31 | 45.94% | — |
National Grid return on equity trends
Over the last five fiscal years, National Grid's return on equity increased from 8.29% to 8.41%, a change of +0.12 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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