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Friday 6 November 2026
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National 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.
85.85
0.63
+0.74%
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National Grid Transco, PLC (NGG) Gross margin
National Grid Transco, PLC's gross margin over the twelve months to 30 September 2023 was 18.7%. Over the past ten years it has ranged from 18.0% (fiscal 2023) to 27.9% (fiscal 2026) — the current reading is the highest in ten years. That is below the Utilities Regulated Electric industry median of 62.0% and below the Utilities sector median of 58.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2026 | 27.9% | 1.09 |
| FY2025 | 26.9% | 4.37 |
| FY2024 | 22.5% | 4.52 |
| FY2023 | 18.0% | (5.73) |
| FY2022 | 23.7% | 4.10 |
| FY2021 | 19.6% | 0.47 |
| FY2020 | 19.1% | (0.10) |
| FY2019 | 19.2% | (3.68) |
| FY2018 | 22.9% | 1.56 |
| FY2017 | 21.3% | (5.69) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2023 | 23.3% | 12.15 |
| Mar 2023 | 11.2% | (7.95) |
| Sep 2022 | 19.1% | (3.50) |
| Mar 2022 | 22.6% | 3.87 |
| 7 more quarters | Free account |
Against its own ten years
Low 18.0%
High 27.9%
Ten-year median
22.7%
Current reading's percentile
100
Gross margin against peers
| Company | Gross margin |
|---|---|
| ETR Entergy Corporation compare | 71.2% |
| AEP American Electric Power Company, Inc. compare | 68.4% |
| XEL Xcel Energy Inc. compare | 68.4% |
| D Dominion Energy Inc. compare | 66.9% |
| EXC Exelon Corporation compare | 63.5% |
| NGG National Grid Transco, PLC | 18.7% |
| SO Southern Company (The) compare | 0.00% |
| ED Consolidated Edison Inc compare | 0.00% |
| DUK Duke Energy Corporation compare | 0.00% |
| Utilities Regulated Electric industry median | 62.0% |
| Utilities sector median | 58.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on NGG
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- 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
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement