Avangrid
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
N/AN/AN/AN/A
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$2.41$2.52$2.75$2.71

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
83.1436.6118.6141.0826.0522.6124.2125.2618.8615.9412.4222.61
Price/Sales ratio
5.582.231.942.622.392.492.222.562.091.501.592.49
Price/Book Value ratio
6.650.640.771.031.021.030.920.930.850.630.701.03
Price/Cash Flow ratio
22.657.187.518.878.659.9310.9211.4416.0513.6412.628.65
Price/Free Cash Flow ratio
101.1935.04-80.30-23.973.87K-13.80-9.42-12.62-11.20-6.10-5.27-5.27
Price/Earnings Growth ratio
-0.08-1.000.20-1.030.461.80-1.865.271.19-1.45-0.551.80
Dividend Yield
1.07%N/A3.42%3.41%3.46%3.44%3.87%3.43%4.09%5.43%4.88%3.46%
Profitability Indicator Ratios
Gross Profit Margin
33.36%36.34%41.97%40.48%39.78%39.88%39.16%36.55%32.75%33.34%30.85%39.88%
Operating Profit Margin
15.16%11.74%19.84%6.45%17.39%15.82%13.75%12.83%14.43%11.19%15.68%15.82%
Pretax Profit Margin
10.24%6.89%16.76%2.06%11.85%12.92%8.98%9.52%10.61%7.89%12.03%11.85%
Net Profit Margin
6.71%6.11%10.46%6.38%9.18%11.04%9.19%10.13%11.11%9.45%12.86%9.18%
Effective Tax Rate
34.43%11.29%37.56%-210.56%22.13%17.46%5.10%3.16%2.37%-1.37%5.71%17.46%
Return on Assets
2.14%0.86%2.01%1.20%1.84%2.03%1.53%1.78%2.14%1.78%2.40%1.84%
Return On Equity
8.00%1.77%4.16%2.52%3.93%4.59%3.82%3.70%4.54%4.00%5.66%3.93%
Return on Capital Employed
5.35%1.78%4.17%1.35%3.86%3.25%2.50%2.47%3.11%2.4%3.45%3.45%
Liquidity Ratios
Current Ratio
N/A1.210.830.720.650.561.23N/AN/AN/A0.510.56
Quick Ratio
1.171.010.690.640.570.491.141.030.610.550.430.49
Cash ratio
0.230.200.030.010.010.040.470.440.010.010.020.01
Days of Sales Outstanding
198.8388.0169.5664.2764.6862.8869.2466.9980.3870.4156.9962.88
Days of Inventory outstanding
29.0153.1739.5122.0021.9824.0424.8728.2934.4532.6232.1321.98
Operating Cycle
227.84141.18109.0786.2886.6786.9394.1195.28114.84103.0489.1386.67
Days of Payables Outstanding
234.97110.68137.34119.30104.51134.79142.58135.85140.16126.80109.42104.51
Cash Conversion Cycle
-7.1230.50-28.26-33.02-17.84-47.85-48.46-40.56-25.31-23.76-20.28-20.28
Debt Ratios
Debt Ratio
0.350.150.160.190.190.230.290.210.220.270.310.19
Debt Equity Ratio
1.320.320.330.400.420.520.720.440.470.600.740.42
Long-term Debt to Capitalization
0.550.230.220.250.260.300.400.290.290.330.350.26
Total Debt to Capitalization
0.560.240.240.290.290.340.420.300.320.370.420.29
Interest Coverage Ratio
N/A1.964.453.663.773.272.75N/AN/AN/A2.803.27
Cash Flow to Debt Ratio
0.220.270.310.280.280.190.110.180.110.070.070.19
Company Equity Multiplier
3.732.042.072.102.122.252.482.072.122.232.362.12
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.240.310.250.290.270.250.200.220.130.110.120.25
Free Cash Flow / Operating Cash Flow Ratio
0.220.20-0.09-0.370.00-0.72-1.15-0.90-1.43-2.23-2.39-0.72
Cash Flow Coverage Ratio
0.220.270.310.280.280.190.110.180.110.070.070.19
Short Term Coverage Ratio
4.213.683.061.811.821.232.072.921.050.460.281.23
Dividend Payout Ratio
89.16%N/A63.65%140.41%90.25%77.85%93.80%86.70%77.29%86.64%60.69%77.85%