National Grid
NGG
$66.31
Share price
-0.67%
Change (1 day)
-7.61%
Change (1 year)
Operating Margin for National Grid (NGG)
Operating Margin as of April 2024 (TTM): 24.33%
According to National Grid's latest financial reports and stock price the company's current Operating Margin is 24.33%. At the end of 2023 the company had an Operating Margin of 24.33%.
Operating Margin history for National Grid from 2006 to 2008
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2023 | 24.33% | -3.37% |
| 2022 | 25.18% | 21.34% |
| 2021 | 20.75% | 5.03% |
| 2020 | 19.76% | 3.03% |
| 2019 | 19.18% | -23.75% |
| 2018 | 25.15% | 15.8% |
| 2017 | 21.72% | -19.27% |
| 2016 | 26.91% | 10.63% |
| 2015 | 24.32% | -7.46% |
| 2014 | 26.28% | -25.89% |
| 2013 | 35.46% | 2.68% |
| 2012 | 34.54% | -2.41% |
| 2011 | 35.39% | 15.12% |
| 2010 | 30.74% | 87.99% |
| 2009 | 16.35% | -41.28% |
| 2008 | 27.85% | -5.12% |
| 2007 | 29.35% | -22.44% |
| 2006 | 37.84% | 26.41% |
| 2005 | 29.94% | 22.2% |
| 2004 | 24.50% | 40.94% |
| 2003 | 17.38% | 102.39% |
| 2002 | 8.59% | -54.39% |
| 2001 | 18.83% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -73.78% | 🇬🇧 UK |
 Consolidated Edison ED | 19.61% | -19.40% | 🇺🇸 USA |
 DTE Energy
DTE | 8.75% | -64.04% | 🇺🇸 USA |
 Sempra Energy SRE | 12.76% | -47.55% | 🇺🇸 USA |
 NiSource
NI | 14.44% | -40.65% | 🇺🇸 USA |
 TC Energy
TRP | 9.17% | -62.31% | 🇨🇦 Canada |
 Unitil Corporation
UTL | 10.05% | -58.69% | 🇺🇸 USA |
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.