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National Grid (National Grid) Revenue

: $25,330 Mil (TTM As of Sep. 2023)
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National Grid's revenue for the six months ended in Sep. 2023 was $10,506 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2023 was $25,330 Mil. National Grid's Revenue per Share for the six months ended in Sep. 2023 was $14.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2023 was $34.32.

Warning Sign:

National Grid PLC revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of National Grid was -1.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 15.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 2.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, National Grid's highest 3-Year average Revenue per Share Growth Rate was 70.10% per year. The lowest was -14.20% per year. And the median was 0.40% per year.


National Grid Revenue Historical Data

The historical data trend for National Grid's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

National Grid Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19,674.57 16,534.65 18,952.84 24,057.97 26,285.19

National Grid Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,534.34 14,913.04 10,695.36 14,824.03 10,506.19

Competitive Comparison

For the Utilities - Regulated Electric subindustry, National Grid's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


National Grid Revenue Distribution

For the Utilities - Regulated industry and Utilities sector, National Grid's Revenue distribution charts can be found below:

* The bar in red indicates where National Grid's Revenue falls into.



National Grid Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $25,330 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


National Grid  (NYSE:NGG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


National Grid Revenue Related Terms

Thank you for viewing the detailed overview of National Grid's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


National Grid (National Grid) Business Description

Address
1-3 Strand, London, GBR, WC2N 5EH
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.