United Kingdom-based utility National Grid had a return on equity of 11.4 percent in financial year 2022. This was an increase from the previous year, when the company's return on equity stood at 10.6 percent, the lowest ROE in the indicated period.
Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024
(in percentage)
The return on equity (ROE) is a measure of the profitability of a business in relation to the book value of shareholder equity. ROE is a measure of how well a company uses investments to generate earnings growth.
Fiscal year ended March 31.
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National Grid. (May 23, 2024). Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024 (in percentage) [Graph]. In Statista. Retrieved November 07, 2024, from https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/
National Grid. "Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024 (in percentage)." Chart. May 23, 2024. Statista. Accessed November 07, 2024. https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/
National Grid. (2024). Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024 (in percentage). Statista. Statista Inc.. Accessed: November 07, 2024. https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/
National Grid. "Return on Equity (Roe) of National Grid Plc from Fy 2013 to Fy 2024 (in Percentage)." Statista, Statista Inc., 23 May 2024, https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/
National Grid, Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024 (in percentage) Statista, https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/ (last visited November 07, 2024)
Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2024 (in percentage) [Graph], National Grid, May 23, 2024. [Online]. Available: https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/