Avangrid
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Avangrid's past years’ income statements indicate that its last revenue has increased compared to the previous period by 5% to $8,309,000,000. Profit margin reached 9%. Total operating expenses were $1,841,000,000.
Profit Margin
| 2014 | 1.63B | 109.57M | 6.71% |
|---|---|---|---|
| 2015 | 4.36B | 267M | 6.11% |
| 2016 | 6.01B | 630M | 10.47% |
| 2017 | 5.96B | 381M | 6.39% |
| 2018 | 6.47B | 595M | 9.18% |
| 2019 | 6.33B | 700M | 11.04% |
| 2020 | 6.32B | 581M | 9.19% |
| 2021 | 6.97B | 707M | 10.14% |
| 2022 | 7.92B | 881M | 11.12% |
| 2023 | 8.30B | 786M | 9.46% |
AGR Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 8.30B | 7.92B | 6.97B | 6.32B | 6.33B | 6.47B | 5.96B | 6.01B | 4.36B | 1.63B |
Cost of revenue | 5.53B | 5.32B | 4.42B | 3.84B | 3.81B | 3.90B | 3.54B | 3.49B | 2.78B | 1.08B |
Gross profit | 2.77B | 2.59B | 2.54B | 2.47B | 2.52B | 2.57B | 2.41B | 2.52B | 1.58B | 544.57M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 40M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.84B | 1.74B | 1.65B | 1.60B | 1.52B | 1.43B | 1.38B | 1.33B | 1.06B | 292.02M |
Operating income | 930M | 1.14B | 895M | 869M | 1.00B | 1.12B | 385M | 1.19B | 513M | 247.40M |
Other income (expenses), net | -274M | -303M | -231M | -301M | -184M | -72M | -382M | -185M | -212M | -717.85M |
Income before tax | 656M | 841M | 664M | 568M | 819M | 768M | 123M | 1.00B | 301M | 167.14M |
Income tax expense | -9M | 20M | 21M | 29M | 143M | 170M | -259M | 379M | 34M | 57.56M |
Net income | 786M | 881M | 707M | 581M | 700M | 595M | 381M | 630M | 267M | 109.57M |
Earnings per share | ||||||||||
Basic 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 |
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