National Grid plc (NGG) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for National Grid plc, with annual and quarterly history.
| Metric | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 19.21x | 16.47x | 18.96x | 5.63x | 19.47x | 14.31x |
| P/B Ratio | 1.61x | 1.26x | 1.45x | 1.49x | 1.92x | 1.70x |
| P/S Ratio | 3.52x | 2.60x | 2.19x | 2.03x | 2.48x | 1.82x |
| Profitability | ||||||
| Gross Margin | 32.7% | 77.4% | 73.4% | 60.2% | 66.9% | 66.9% |
| Operating Margin | 32.7% | 26.8% | 22.5% | 22.5% | 23.7% | 23.7% |
| Net Margin | 18.3% | 15.8% | 11.5% | 36.0% | 12.8% | 12.8% |
| EBITDA Margin | 45.4% | 41.5% | 34.4% | 33.5% | 34.8% | 34.8% |
| Liquidity | ||||||
| Current Ratio | 0.76x | 1.35x | 0.91x | 1.00x | 0.73x | 1.06x |
| Quick Ratio | 0.71x | 1.30x | 0.84x | 0.90x | 0.70x | 1.02x |
| Leverage | ||||||
| Debt/Equity | 1.19x | 1.26x | 1.58x | 1.46x | 1.91x | 1.57x |
YoY = year-over-year change. Source: FMP..