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Avangrid, Inc. (AGR)
Key financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 6,478 | 6,338 | 6,320 | 6,974 | 7,923 | 8,309 | 8,722 |
| Operating profit | $m | 930 | 1,368 | |||||
| Net profit | $m | 595 | 700 | 581 | 707 | 881 | 786 | 1,122 |
| EPS reported | $ | 2.03 | 2.91 | |||||
| Operating cashflow per share | $ | 2.38 | 2.38 | |||||
| Capex per share | $ | 7.68 | 7.68 | |||||
| FCF per share | $ | -5.31 | -5.31 | |||||
| Free cash flow | $m | -2,053 | -2,646 | |||||
| Net debt | $m | 11,812 | 14,544 | |||||
| Book value equity | $m | 19,648 | 19,755 | |||||
| Book value per share | $ | 50.75 | 50.99 | |||||
| Number of shares | m | 387.16 | 387.43 | |||||
| DPS (TTM paid) | $ | 1.76 | 1.76 |
Financial summary
Financials in USD| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 15.97 | - | |||||
| P/B LTM | x | 0.64 | 0.71 | |||||
| P/S LTM | x | 1.51 | 1.60 | |||||
| P/FCF LTM | x | -6.11 | -5.27 | |||||
| EV/EBITDA LTM | x | 11.09 | 10.67 | |||||
| EV/Sales LTM | x | 2.97 | 3.27 | |||||
| Earnings Yield LTM | % | 6.26% | 5.64% | |||||
| FCF Yield | % | -16.38% | -18.99% | |||||
| Quality | ||||||||
| ROE | % | 4.00% | 4.03% | |||||
| ROIC | % | 2.28% | 2.28% | |||||
| Operating margin | % | 11.19% | 11.19% | |||||
| Gross margin | % | 33.35% | 33.35% | |||||
| FCF/Sales | % | -24.71% | -24.71% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | -10.96% | +110.87% | |||||
| Sales Growth YoY | % | +4.87% | +6.56% | |||||
| Net Income Growth YoY | % | -10.78% | +109.33% | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | -18.71% | +96.27% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 5.43% | 4.89% | |||||
| Dividend Growth | % | 0.00% | - | |||||
| Payout Ratio | % | 86.64% | 60.42% | |||||
| FCF/Debt | x | -0.17 | -0.18 | |||||
| Net Debt/EBITDA | x | 5.45 | 5.45 | |||||
| EBIT/Net interest | x | 2.27 | 2.27 | |||||
| Net debt/market cap | % | 94.22% | 104.36% | |||||
| Net debt/Equity | x | 0.60 | 0.74 | |||||
| Gross debt/equity | x | 0.62 | 0.76 | |||||
Company overview
Avangrid, Inc. (AGR) operates as a U.S.-based energy services holding company, primarily focusing on two key areas: regulated energy transmission and distribution (Networks), and renewable energy generation (Renewables). Through its Networks division, Avangrid oversees the production, delivery, and transmission of electricity, alongside the distribution, transport, and sale of natural gas. It provides these essential services to approximately 3.3 million residential, commercial, and institutional clients in New York and New England via eight regulated utility companies located in New York, Maine, Connecticut, and Massachusetts. The Renewables segment is dedicated to generating power from clean sources, primarily utilizing onshore wind farms, though it also employs solar, biomass, and some thermal energy technologies. These facilities boast a substantial 8.8 gigawatts of electricity capacity, distributed across 22 states. Avangrid supplies this generated power to a diverse customer base, including investor-owned utilities, public utilities, other creditworthy organizations, and various federal, state, and institutional agencies. Additionally, the company delivers thermal energy to wholesale buyers in the Western United States. Established in 1997, Avangrid, Inc. is headquartered in Orange, Connecticut, and functions as a subsidiary of Iberdrola, S.A.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Avangrid, Inc. (AGR)
Avangrid, Inc. (AGR) operates as a U.S.-based energy services holding company, primarily focusing on two key areas: regulated energy transmission and distribution (Networks), and renewable energy generation (Renewables). Through its Networks division, Avangrid oversees the production, delivery, and transmission of electricity, alongside the distribution, transport, and sale of natural gas. It provides these essential services to approximately 3.3 million residential, commercial, and institutional clients in New York and New England via eight regulated utility companies located in New York, Maine, Connecticut, and Massachusetts. The Renewables segment is dedicated to generating power from clean sources, primarily utilizing onshore wind farms, though it also employs solar, biomass, and some thermal energy technologies. These facilities boast a substantial 8.8 gigawatts of electricity capacity, distributed across 22 states. Avangrid supplies this generated power to a diverse customer base, including investor-owned utilities, public utilities, other creditworthy organizations, and various federal, state, and institutional agencies. Additionally, the company delivers thermal energy to wholesale buyers in the Western United States. Established in 1997, Avangrid, Inc. is headquartered in Orange, Connecticut, and functions as a subsidiary of Iberdrola, S.A.
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