For fiscal 2026 (ended Mar 31, 2026), National Grid Transco PLC National Grid PLC (NEW) reported £17.69B of revenue and £3.24B of net income. Figures are in GBP, the currency of its SEC filings.
NGG revenue was £17.69B for fiscal 2026 (ended Mar 31, 2026), down 3.8% from fiscal 2025. Compound annual growth was +5.3% over 5 years and +3.0% over 10 years. It rose in 5 of the last 10 fiscal years.
NGG net income was £3.24B for fiscal 2026 (ended Mar 31, 2026), up 11.7% from fiscal 2025. Compound annual growth was +14.6% over 5 years and +2.3% over 10 years. It rose in 6 of the last 10 fiscal years.
NGG diluted EPS was £0.65 for fiscal 2026 (ended Mar 31, 2026), up 6.2% from fiscal 2025. Compound annual growth was +7.1% over 5 years and -0.5% over 10 years.
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | £17.69B | £18.38B | £19.85B | £21.66B | £18.45B | £13.66B | £13.36B | £14.93B | £15.25B | £15.04B |
| Research and development | £38.00M | £43.00M | £32.00M | £23.00M | £11.00M | £12.00M | £9.00M | £19.00M | £13.00M | £14.00M |
| Operating income | £5.43B | £4.93B | £4.47B | £4.88B | £4.37B | £2.40B | £2.28B | £2.87B | £3.49B | £3.21B |
| Interest expense | £1.71B | £1.81B | £1.71B | £1.60B | £1.07B | £853.00M | £1.02B | £1.16B | £1.01B | £1.14B |
| Pre-tax income | £4.18B | £3.65B | £3.05B | £3.59B | £3.44B | £1.66B | £1.40B | £1.84B | £2.66B | £2.18B |
| Income tax | £939.00M | £821.00M | £831.00M | £876.00M | £1.26B | £360.00M | £370.00M | £339.00M | -£889.00M | £374.00M |
| Net income | £3.24B | £2.90B | £2.29B | £7.80B | £2.35B | £1.64B | £1.26B | £1.51B | £3.55B | £7.79B |
| EPS, basic | £0.66 | £0.62 | £0.57 | £1.97 | £0.65 | £0.47 | £0.36 | £0.45 | £1.03 | £2.07 |
| EPS, diluted | £0.65 | £0.61 | £0.57 | £1.96 | £0.65 | £0.46 | £0.36 | £0.44 | £1.02 | £2.06 |
| Diluted shares | 4.97B | 4.73B | 4.01B | 3.97B | 3.62B | 3.54B | 3.48B | 3.40B | 3.48B | 3.78B |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | £375.00M | £1.18B | £559.00M | £163.00M | £204.00M | £157.00M | £73.00M | £252.00M | £329.00M | £1.14B |
| Short-term investments | £1.91B | £5.16B | £3.08B | £1.76B | £2.29B | £1.77B | £1.28B | £1.31B | £0 | - |
| Receivables | £3.87B | £4.09B | £3.42B | £3.83B | £3.71B | £2.92B | £2.99B | £3.15B | £2.80B | £2.73B |
| Inventory | £559.00M | £557.00M | £828.00M | £876.00M | £511.00M | £439.00M | £549.00M | £370.00M | £341.00M | £403.00M |
| Current assets | £7.49B | £14.33B | £10.38B | £9.11B | £17.96B | £9.94B | £5.80B | £7.95B | £6.68B | £13.57B |
| Goodwill | £9.42B | £9.53B | £9.73B | £9.85B | £9.53B | £4.59B | £5.71B | £5.37B | £4.98B | £6.10B |
| Total assets | £108.28B | £106.74B | £98.33B | £92.70B | £94.86B | £67.22B | £67.56B | £63.41B | £59.20B | £65.84B |
| Current liabilities | £9.80B | £10.62B | £11.39B | £9.13B | £24.77B | £9.37B | £8.56B | £9.13B | £8.70B | £10.51B |
| Short-term debt | £3.90B | £4.66B | £4.86B | £2.96B | £12.12B | £3.74B | £4.07B | £4.47B | £4.45B | £5.50B |
| Long-term debt | £42.85B | £42.88B | £42.21B | £40.03B | £33.34B | £27.48B | £26.72B | £24.26B | £22.18B | £23.14B |
| Total debt | £46.76B | £47.54B | £47.07B | £42.98B | £45.47B | £31.22B | £30.79B | £28.73B | £26.63B | £28.64B |
| Total liabilities | £68.95B | £68.92B | £68.43B | £63.13B | £71.00B | £47.36B | £47.77B | £43.84B | £40.17B | £45.46B |
| Shareholders' equity | £39.30B | £37.80B | £29.89B | £29.56B | £23.86B | £19.86B | £19.79B | £19.57B | £19.02B | £20.38B |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Capital expenditures | £9.99B | £8.78B | £6.90B | £6.33B | £5.10B | £4.21B | £4.29B | £3.63B | £3.74B | £3.30B |
| Dividends paid | £1.62B | £1.53B | £1.72B | £1.61B | £922.00M | £1.41B | £892.00M | £1.16B | £4.49B | £1.46B |
| Share repurchases | - | - | - | - | - | - | £0 | £0 | £1.02B | £189.00M |
| Stock-based compensation | £45.00M | £37.00M | £37.00M | £48.00M | £38.00M | £23.00M | £16.00M | £27.00M | £16.00M | £32.00M |
| Line item | Mar 31, 2026 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | Mar 31, 2019 | Mar 31, 2018 | Mar 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | -3.8% | -7.4% | -8.4% | 17.4% | 35.0% | 2.3% | -10.5% | -2.1% | 1.4% | 13.8% |
| Net income growth, YoY | 11.7% | 26.7% | -70.6% | 231.4% | 43.5% | 29.7% | -16.3% | -57.4% | -54.5% | 200.8% |
| EPS growth, YoY | 6.2% | 7.5% | -70.9% | 201.8% | 40.4% | 27.5% | -18.2% | -56.5% | -50.5% | 201.5% |
| Operating margin | 30.7% | 26.8% | 22.5% | 22.5% | 23.7% | 17.6% | 17.1% | 19.2% | 22.9% | 21.3% |
| Net margin | 18.3% | 15.8% | 11.5% | 36.0% | 12.8% | 12.0% | 9.5% | 10.1% | 23.3% | 51.8% |
| Return on equity | 8.2% | 7.7% | 7.7% | 26.4% | 9.9% | 8.3% | 6.4% | 7.7% | 18.7% | 38.2% |
| Return on assets | 3.0% | 2.7% | 2.3% | 8.4% | 2.5% | 2.4% | 1.9% | 2.4% | 6.0% | 11.8% |
| Current ratio | 0.76 | 1.35 | 0.91 | 1.00 | 0.73 | 1.06 | 0.68 | 0.87 | 0.77 | 1.29 |
| Debt to equity | 1.19 | 1.26 | 1.57 | 1.45 | 1.91 | 1.57 | 1.56 | 1.47 | 1.40 | 1.40 |
Source: XBRL data National Grid Transco PLC National Grid PLC (NEW) files with the SEC, latest filing dated Jun 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
Per-share figures are as filed. The filings show no stock split in these periods.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| NGG | £17.69B | -3.8% | £3.24B | 18.3% | $87.30B |
| WMB | $15.43B | +10.1% | $3.07B | 19.9% | $162.73B |
| ENB | C$83.49B | +29.5% | C$6.13B | 7.3% | $102.40B |
| EPD | $64.40B | +21.5% | $6.59B | 10.2% | $79.86B |
| KMI | $18.34B | +11.7% | $3.60B | 19.6% | $66.73B |
| TRP | C$15.24B | +10.7% | C$3.52B | 23.1% | $61.92B |
| TRGP | $18.19B | +4.7% | $2.45B | 13.5% | $56.74B |
| MPLX | $13.21B | +3.1% | $4.34B | 32.9% | $56.64B |
| SRE | $13.55B | +1.6% | $1.96B | 14.4% | $51.12B |