Avangrid Past Earnings Performance
Past criteria checks 5/6
Avangrid has been growing earnings at an average annual rate of 5.6%, while the Electric Utilities industry saw earnings growing at 5.7% annually. Revenues have been growing at an average rate of 6.7% per year. Avangrid's return on equity is 3.7%, and it has net margins of 10.8%.
Key information
5.6%
Earnings growth rate
-0.5%
EPS growth rate
| Electric Utilities Industry Growth | 6.3% |
| Revenue growth rate | 6.7% |
| Return on equity | 3.7% |
| Net Margin | 10.8% |
| Next Earnings Update | 24 Jul 2024 |
Recent past performance updates
Recent updates
Avangrid, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Apr 26
Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
Apr 15Does Avangrid (NYSE:AGR) Have A Healthy Balance Sheet?
Mar 19Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 19The Price Is Right For Avangrid, Inc. (NYSE:AGR)
Feb 16Avangrid: There Are Better Utilities To Buy
Dec 27A Look At The Fair Value Of Avangrid, Inc. (NYSE:AGR)
Dec 24These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt In A Risky Way
Nov 27Avangrid (NYSE:AGR) Is Paying Out A Dividend Of $0.44
Oct 23Avangrid: Dividend Should Be Suspended To Protect Cash
Oct 11Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Aug 28Avangrid (NYSE:AGR) Use Of Debt Could Be Considered Risky
Aug 18Avangrid Inc.: Expanding Wind Farms In Hopes Of Reaching Growth Targets
Jul 28Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Jul 22Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Jun 13Avangrid (NYSE:AGR) Has Affirmed Its Dividend Of $0.44
May 16Avangrid's (NYSE:AGR) Dividend Will Be $0.44
Apr 16Here's Why We Think Avangrid (NYSE:AGR) Is Well Worth Watching
Mar 21Avangrid Non-GAAP EPS of $0.29 misses by $0.11, revenue of $2.16B beats by $350M
Feb 21Avangrid (NYSE:AGR) Has Announced A Dividend Of $0.44
Feb 20Is Avangrid (NYSE:AGR) Using Too Much Debt?
Dec 20Avangrid: Risks Outweigh The Reward
Oct 06Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Sep 05With EPS Growth And More, Avangrid (NYSE:AGR) Makes An Interesting Case
Aug 15Avangrid Non-GAAP EPS of $0.46 beats by $0.13, revenue of $1.79B beats by $180M
Jul 26Avangrid (NYSE:AGR) Will Pay A Dividend Of $0.44
Jul 25Avangrid declares $0.44 dividend
Jul 20These 4 Measures Indicate That Avangrid (NYSE:AGR) Is Using Debt Extensively
Jun 21Avangrid's (NYSE:AGR) Dividend Will Be US$0.44
May 31Avangrid: Sustained Investment Looks Like It Will Bear Fruit
May 24Avangrid (NYSE:AGR) Has Announced A Dividend Of US$0.44
May 12Are Avangrid, Inc. (NYSE:AGR) Investors Paying Above The Intrinsic Value?
Apr 13Avangrid (NYSE:AGR) Has A Somewhat Strained Balance Sheet
Mar 23Revenue & Expenses BreakdownBeta
How Avangrid makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 8,260 | 892 | -20 | 0 |
| 31 Dec 23 | 8,309 | 786 | -22 | 0 |
| 30 Sep 23 | 8,185 | 536 | 43 | 0 |
| 30 Jun 23 | 8,049 | 582 | 73 | 0 |
| 31 Mar 23 | 8,256 | 681 | 54 | 0 |
| 31 Dec 22 | 7,923 | 881 | 58 | 0 |
| 30 Sep 22 | 7,698 | 898 | 31 | 0 |
| 30 Jun 22 | 7,458 | 904 | 7 | 0 |
| 31 Mar 22 | 7,141 | 818 | 35 | 0 |
| 31 Dec 21 | 6,974 | 707 | 37 | 0 |
| 30 Sep 21 | 6,710 | 709 | 42 | 0 |
| 30 Jun 21 | 6,582 | 685 | 49 | 0 |
| 31 Mar 21 | 6,497 | 675 | 55 | 0 |
| 31 Dec 20 | 6,320 | 581 | 62 | 0 |
| 30 Sep 20 | 6,258 | 605 | 102 | 0 |
| 30 Jun 20 | 6,275 | 668 | 95 | 0 |
| 31 Mar 20 | 6,283 | 690 | 86 | 0 |
| 31 Dec 19 | 6,336 | 667 | 79 | 0 |
| 30 Sep 19 | 6,394 | 596 | 63 | 0 |
| 30 Jun 19 | 6,453 | 571 | 84 | 0 |
| 31 Mar 19 | 6,455 | 568 | 107 | 0 |
| 31 Dec 18 | 6,477 | 587 | 128 | 0 |
| 30 Sep 18 | 6,346 | 399 | 128 | 0 |
| 30 Jun 18 | 6,141 | 373 | 164 | 0 |
| 31 Mar 18 | 6,070 | 386 | 122 | 0 |
| 31 Dec 17 | 5,963 | 381 | 120 | 0 |
| 30 Sep 17 | 5,921 | 667 | 57 | 0 |
| 30 Jun 17 | 5,998 | 677 | 0 | 0 |
| 31 Mar 17 | 6,106 | 659 | 19 | 0 |
| 31 Dec 16 | 6,018 | 632 | 0 | 0 |
| 30 Sep 16 | 5,680 | 519 | 0 | 0 |
| 30 Jun 16 | 5,310 | 464 | 0 | 0 |
| 31 Mar 16 | 4,810 | 373 | 0 | 0 |
| 31 Dec 15 | 4,367 | 273 | 0 | 0 |
| 30 Sep 15 | 4,332 | 268 | 0 | 0 |
| 30 Jun 15 | 4,266 | 278 | 0 | 0 |
| 31 Mar 15 | 4,265 | 330 | 0 | 0 |
| 31 Dec 14 | 4,594 | 424 | 0 | 0 |
| 30 Sep 14 | 5,347 | 12 | 0 | 0 |
| 30 Jun 14 | 5,152 | 33 | 0 | 0 |
| 31 Mar 14 | 4,800 | 396 | 1,130 | 0 |
| 31 Dec 13 | 4,313 | -51 | 0 | 0 |
| 30 Sep 13 | 3,258 | 259 | 0 | 0 |
| 30 Jun 13 | 3,216 | 247 | 0 | 0 |
Quality Earnings: AGR has high quality earnings.
Growing Profit Margin: AGR's current net profit margins (10.8%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AGR's earnings have grown by 5.6% per year over the past 5 years.
Accelerating Growth: AGR's earnings growth over the past year (31%) exceeds its 5-year average (5.6% per year).
Earnings vs Industry: AGR earnings growth over the past year (31%) exceeded the Electric Utilities industry 3.6%.
Return on Equity
High ROE: AGR's Return on Equity (3.7%) is considered low.