National Grid plc

NGGNYSEUtilities● Active

$80.36

$-1.50(-1.83%)

Market Cap$80.0B

P/E Ratio—

52W High$94.64

52W Low$67.52

Avg Volume1.3M

Open$80.72

Beta0.60

Net Income Financials Revenue

National Grid plc (NGG) Net Income & Profit History

Annual & trailing net income, net margin, YoY change, and peer profitability context.

NGG · net income · updated Jun 8, 2026

Core profitability metrics

NGG · net income · margin · TTM · CAGR

Net income was $3.29B for FY2026 (fiscal year ending 2026-03-31), up 13.5% year-over-year. Net profit margin was 18.3%. Based on available data, National Grid plc has been profitable since at least 2012.

FY2026 Net Income$3.29B▲ +13.5% YoY

Trailing 12M (TTM)$6.11Btrailing 4 quarters sum

Net Profit Margin18.3%$3.29B ÷ $17.97B

YoY Change+13.5%—

5-Year CAGR+7.0%FY2020 → FY2026

FormulaNet Margin = Net Income ÷ Revenue × 100TTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /income-statement · US GAAP · USDUpdated: Jun 8, 2026

Annual net income history

Net Income (bars) · Net Profit Margin % (line)

Net IncomeNet LossNet Margin %★ First Profit: 2012

▸ FMP /income-statement · Annual · NGG net income history · NGG profit margin

Annual net income data

NGG · net income history · annual / quarterly

Fiscal YearNet IncomeYoY ChangeNet MarginRevenue

FY2026$3.29B▲ +13.5%18.3%$17.97B

FY2025$2.90B▲ +26.7%15.8%$18.38B

FY2024$2.29B▼ 70.6%11.5%$19.85B

FY2023$7.80B▲ +231.4%36.0%$21.66B

FY2022$2.35B▲ +0.0%12.8%$18.45B

Net income vs peers (Utilities)

NGG vs peers · net income

#CompanyNet IncomeYoYNet MarginRelative

National Grid plcYOU

NGG

$3.29B+13.5%18.3%

48%

Duke Energy Corporation

Constellation Energy Corporation

CEG

$2.32B-38.1%9.1%

34%

Utilities · Sorted by Net Income · FMP /income-statementFull Net Income Rankings →

About Net Income & Methodology

National Grid plc (NGG) reported net income of $3.29B for FY2026 (fiscal year ending 2026-03-31), up 13.5% year-over-year. The net profit margin was 18.3% — meaning the company kept $0.18 of every dollar of revenue as profit.

Based on available data, National Grid plc has been profitable since at least 2012. Net income reached a peak of $7.80B in FY2023. Data available for 15 fiscal years.

National Grid plc's net profit margin was 18.3% for FY2026, based on the latest annual results.

Investors sometimes search for "National Grid plc net worth" — the company's market capitalization is a separate figure from NGG net income. Data sourced from FMP /income-statement · US GAAP · USD.

Figures tie to SEC 10-K/10-Q and FMP /income-statement where noted.

Revenue Financial statements Earnings Forecast Price history Market cap Free cash flow

Frequently asked questions

NGG net income · 5 questions

National Grid plc is profitable. The company reported net income of $3.29B for FY2026, a net profit margin of 18.3%. Net income was up 13.5% year-over-year. Based on available data, National Grid plc has been profitable since at least 2012.

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▸ Source: FMP /income-statement · GAAP · National Grid plc · National Grid plc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026