stockrowNational Grid Transco, PLC
NGG Utilities Utilities Regulated Electric
National Grid Transco, PLC’s revenue for fiscal 2026 (year ended March 2026) was $23.7 billion, up 1.11% from fiscal 2025.
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National Grid Transco, PLC (NGG) Debt to equity
National Grid Transco, PLC's debt to equity at the end of the quarter to 31 March 2026 was 1.2×. Over the past ten years it has ranged from 1.2× (fiscal 2026) to 2.2× (fiscal 2015) — the current reading is the lowest in ten years. That is below the Utilities Regulated Electric industry median of 1.5× and in line with the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 1.2× | (5.41%) |
| FY2025 | 1.3× | (20.19%) |
| FY2024 | 1.6× | 8.29% |
| FY2023 | 1.5× | (23.70%) |
| FY2022 | 1.9× | 21.23% |
| FY2021 | 1.6× | (0.03%) |
| FY2020 | 1.6× | 6.01% |
| FY2019 | 1.5× | 5.00% |
| FY2018 | 1.4× | 0.55% |
| FY2017 | 1.4× | (32.76%) |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Mar 2026 | 1.2× | (3.64%) |
| Sep 2025 | 1.2× | (1.84%) |
| Mar 2025 | 1.3× | (0.22%) |
| Sep 2024 | 1.3× | (20.01%) |
| 19 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| ED Consolidated Edison Inc compare | 1.0× |
| NGG National Grid Transco, PLC | 1.2× |
| DUK Duke Energy Corporation compare | 1.6× |
| D Dominion Energy Inc. compare | 1.6× |
| XEL Xcel Energy Inc. compare | 1.6× |
| AEP American Electric Power Company, Inc. compare | 1.6× |
| SO Southern Company (The) compare | 1.6× |
| EXC Exelon Corporation compare | 1.7× |
| ETR Entergy Corporation compare | 1.7× |
| Utilities Regulated Electric industry median | 1.5× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NGG
- Revenue
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- Free cash flow
- Operating cash flow
- Gross margin
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- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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- The full statement