National Grid
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. National Grid's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $19,850,000,000. Profit margin reached 12%. Total operating expenses were $10,079,000,000.
Profit Margin
| 2015 | 13.35B | 1.50B | 11.25% |
|---|---|---|---|
| 2016 | 13.21B | 1.89B | 14.37% |
| 2017 | 15.03B | 1.81B | 12.05% |
| 2018 | 15.25B | 3.55B | 23.28% |
| 2019 | 14.93B | 1.51B | 10.12% |
| 2020 | 14.54B | 1.26B | 8.69% |
| 2021 | 13.66B | 1.64B | 12% |
| 2022 | 18.44B | 2.35B | 12.75% |
| 2023 | 21.65B | 7.79B | 36% |
| 2024 | 19.85B | 2.29B | 11.54% |
NGG Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 19.85B | 21.65B | 18.44B | 13.66B | 14.54B | 14.93B | 15.25B | 15.03B | 13.21B | 13.35B |
Cost of revenue | 5.29B | 8.24B | 7.03B | 5.61B | 5.98B | 6.80B | 6.08B | 3.33B | 3.25B | 3.88B |
Gross profit | 14.55B | 13.41B | 11.41B | 8.05B | 8.55B | 8.13B | 9.16B | 11.70B | 9.95B | 9.47B |
Operating exp. | ||||||||||
Research and development | 0 | 23M | 11M | 12M | 14M | 19M | 13M | 14M | 19M | 16M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 10.07B | 16.55B | 7.57B | 5.68B | 5.31B | 12.17B | 11.64B | 8.65B | 6.91B | 6.74B |
Operating income | 4.47B | 4.04B | 3.83B | 2.36B | 3.23B | 3.55B | 3.55B | 3.74B | 3.12B | 2.87B |
Other income (expenses), net | -1.42B | -1.28B | -489M | -763M | -879M | -1.71B | -892M | -1.02B | -795M | -991M |
Income before tax | 3.04B | 3.59B | 3.34B | 1.60B | 1.4B | 1.84B | 2.66B | 2.18B | 2.32B | 1.96B |
Income tax expense | 831M | 876M | 1.25B | 360M | 370M | 339M | 889M | 374M | 427M | 467M |
Net income | 2.29B | 7.79B | 2.35B | 1.64B | 1.26B | 1.51B | 3.55B | 1.81B | 1.89B | 1.50B |
Earnings per share | ||||||||||
Basic EPS | 0.58 | 2.13 | 0.65 | 0.47 | 0.36 | 2.23 | 5.13 | 2.51 | 2.74 | 2.16 |
Diluted EPS | 0.6 | 2.12 | 0.65 | 0.46 | 0.36 | 2.22 | 5.11 | 2.51 | 2.73 | 2.15 |
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