Financials in USD. Standardized financial statements.
A compact view of how Avangrid, Inc. turns revenue into operating income and net income.
| Metric | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $8.31B | $7.92B | $6.97B | $6.32B | $6.34B | $6.48B | $5.96B | $6.02B | $4.37B | $1.63B |
| Revenue Growth? | +4.9% | +13.6% | +10.3% | -0.3% | -2.2% | +8.6% | -0.9% | +37.8% | +167.6% | 0.0% |
| Cost of Revenue? | $5.54B | $5.33B | $4.42B | $3.85B | $3.81B | $3.90B | $3.55B | $3.49B | $2.78B | $1.09B |
| Gross Profit? | $2.77B | $2.60B | $2.55B | $2.48B | $2.53B | $2.58B | $2.41B | $2.53B | $1.59B | $544.58M |
| Gross Margin? | +33.3% | +32.8% | +36.6% | +39.2% | +39.9% | +39.8% | +40.5% | +42.0% | +36.3% | +33.4% |
| Operating Expenses? | $1.84B | $1.74B | $1.65B | $1.61B | $1.52B | $1.43B | $1.39B | $1.33B | $1.06B | $292.03M |
| Operating Income? | $930.00M | $1.14B | $895.00M | $869.00M | $1.00B | $1.13B | $385.00M | $1.19B | $513.00M | $247.40M |
| EBITDA? | $2.22B | $1.89B | $1.99B | $1.88B | $2.06B | $1.93B | $1.23B | $2.08B | $1.27B | $1.55B |
| Income Before Tax | $656.00M | $841.00M | $664.00M | $568.00M | $819.00M | $768.00M | $123.00M | $1.01B | $301.00M | $167.14M |
| Income Tax Expense | -$9.00M | $20.00M | $21.00M | $29.00M | $143.00M | $170.00M | -$259.00M | $379.00M | $34.00M | $57.56M |
| Net Income? | $786.00M | $881.00M | $707.00M | $581.00M | $700.00M | $595.00M | $381.00M | $630.00M | $267.00M | $109.58M |
| EPS? | $2.03 | $2.28 | $1.97 | $1.88 | $2.16 | $1.92 | $1.23 | $2.04 | $1.07 | $1.68 |
| Diluted EPS? | $2.03 | $2.28 | $1.97 | $1.88 | $2.15 | $1.92 | $1.23 | $2.04 | $1.07 | $1.68 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality