National Grid plc
NG.LFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
3/31/2025
Revenue
22,973
Cost of Revenue
0
Gross Profit
22,973
Gross Margin
100.0%
Operating Income
6,168
Operating Margin
26.8%
Net Income
3,628
Net Margin
15.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
8,493
EBITDA Margin
37.0%
2024
3/31/2024
Revenue
24,813
Cost of Revenue
0
Gross Profit
24,813
Gross Margin
100.0%
Operating Income
5,594
Operating Margin
22.5%
Net Income
2,863
Net Margin
11.5%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
9,094
EBITDA Margin
36.6%
2023
3/31/2023
Revenue
27,074
Cost of Revenue
0
Gross Profit
27,074
Gross Margin
100.0%
Operating Income
6,099
Operating Margin
22.5%
Net Income
9,746
Net Margin
36.0%
EPS (Basic)
$3.00
EPS (Diluted)
$3.00
EBITDA
7,300
EBITDA Margin
27.0%
2022
3/31/2022
Revenue
23,061
Cost of Revenue
0
Gross Profit
23,061
Gross Margin
100.0%
Operating Income
5,464
Operating Margin
23.7%
Net Income
2,941
Net Margin
12.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
7,544
EBITDA Margin
32.7%
2021
3/31/2021
Revenue
17,081
Cost of Revenue
0
Gross Profit
17,081
Gross Margin
100.0%
Operating Income
3,001
Operating Margin
17.6%
Net Income
2,050
Net Margin
12.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,483
EBITDA Margin
26.2%