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 2022
(in percentage)
Characteristic
ROE in percentage
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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. (June 1, 2022). Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2022 (in percentage) [Graph]. In Statista. Retrieved June 18, 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 2022 (in percentage)." Chart. June 1, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/
National Grid. (2022). Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2022 (in percentage). Statista. Statista Inc.. Accessed: June 18, 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 2022 (in Percentage)." Statista, Statista Inc., 1 Jun 2022, 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 2022 (in percentage) Statista, https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/ (last visited June 18, 2024)
Return on equity (ROE) of National Grid Plc from FY 2013 to FY 2022 (in percentage) [Graph], National Grid, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/633721/national-grid-return-on-equity-roe-uk/