National Grid plc
NG
Rank in Stocks
#283
National Grid plc operates as a major energy utility, focusing on the... National Grid plc operates as a major energy utility, focusing on the transmission and distribution of both electricity and natural gas. Its business is organized into distinct geographical and operational segments. Within the United Kingdom, it oversees the high-voltage electricity transmission network and related construction across England and Wales. It also handles electricity distribution for specific regions, including the Midlands, South West England, and South Wales. Furthermore, as the UK Electricity System Operator, the company plays a crucial role in balancing electricity supply and demand throughout Great Britain's transmission system and acts on behalf of other transmission operators. In the United States, its New England and New York divisions are responsible for the distribution of electricity and gas, alongside electricity transmission services, in their respective territories. Beyond these core functions, National Grid also provides cross-border electricity transmission via interconnectors, manages an LNG importation facility at the Isle of Grain, divests renewable energy projects, engages in the leasing and sale of commercial properties, and undertakes insurance activities within the UK. The company was founded in 1990 and maintains its headquarters in London, United Kingdom.
Share Price
$16.88
Last synced: 2026-11-09
Market Cap
$84.83B
Change (1 day)
1.08%
Change (1 year)
10.33%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade National Grid plc (NG)
Category
Utilities
Operating Margin for National Grid plc (NG)
Operating Margin as of November 2026 TTM: 32.06%
According to National Grid plc's latest financial reports, its current operating margin (TTM) is 32.06%. At the end of 2025 the company had an operating margin of 26.85%.
Operating Margin history for National Grid plc from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 32.06% | 19.40% |
| 2025 | 26.85% | 19.12% |
| 2024 | 22.54% | 0.04% |
| 2023 | 22.53% | -4.90% |
| 2022 | 23.69% | 34.83% |
| 2021 | 17.57% | 2.99% |
| 2020 | 17.06% | -11.24% |
| 2019 | 19.22% | -16.07% |
| 2018 | 22.90% | 7.31% |
| 2017 | 21.34% | -12.58% |
| 2016 | 24.41% | 10.50% |
| 2015 | 22.09% | -12.41% |
| 2014 | 25.22% | 3.36% |
| 2013 | 24.40% | -4.65% |
| 2012 | 25.59% | -1.99% |
| 2011 | 26.11% | 11.06% |
| 2010 | 23.51% | 40.02% |
| 2009 | 16.79% | -35.30% |
| 2008 | 25.95% | -10.21% |
| 2007 | 28.90% | 7.96% |
| 2006 | 26.77% | -7.75% |
| 2005 | 29.02% | 43.24% |
| 2004 | 20.26% | 18.13% |
| 2003 | 17.15% | 99.65% |
| 2002 | 8.59% | -54.38% |
| 2001 | 18.83% | -46.85% |
| 2000 | 35.43% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 29.70% | -99.07% |
US
|
|
| 24.19% | -99.25% |
US
|
|
| 27.60% | -99.14% |
US
|
|
| 28.60% | -99.11% |
US
|
|
| 26.31% | -99.18% |
US
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about National Grid plc's operating margin
What is National Grid plc's operating margin?
National Grid plc's operating margin is 32.06%, as of Nov 2026.
What was National Grid plc's operating margin in 2025?
In 2025, National Grid plc's operating margin was 26.85%, compared with 22.54% in 2024.
How has National Grid plc's operating margin changed since 2020?
From 2020 to 2025, National Grid plc's operating margin was highest in 2025 (26.85%) and lowest in 2020 (17.06%).
How does National Grid plc's operating margin compare with similar companies?
National Grid plc's operating margin (32.06%) is higher than that of all 5 similar companies listed above. The highest among them is NextEra Energy, Inc., with 29.70%.