Avangrid, Inc. financial metrics

Professional SEC-based dashboard for profitability, financial health, and growth with transparent scoring logic. Latest period: Q3 2024.

Location
Orange, CT
Fiscal year end
31 December
Latest financial report
23 Oct 2024

Quick Takeaways

  • Avangrid, Inc. financial facts are built from SEC company filings data.
  • Latest metrics period on this page: Q3 2024.
  • Headline metric: Return On Equity 5.7%.

What Changed

  • Return On Equity YoY change: <span class="text-green-600">+107%</span>.
  • Most recent SEC facts end date: 22 Oct 2024.

Why This Matters

  • This gives a beginner-friendly first read before you inspect detailed formulas and metric tables.
  • Every metric card links to a deeper SEC-backed history page for verification.

Official SEC Source

Based on latest 10-Q/10-K

Facts and ratios are grounded in SEC company facts linked to the latest 10-Q/10-K cycle.

See Original Filing

Latest SEC snapshot (2024-10-22) highlights Return On Equity 5.7%, Return On Assets 2.5%, and Operating Margin 16.2%.

Financial Quality Score

Transparent 0-100 scoring model based on profitability, financial health, and growth factors.

40.6/100

Caution Confidence medium

Return On Equity

5.7%

Metric score 0.0/100

Return On Assets

2.5%

Metric score 6.5/100

Financial Health

Current Ratio
0.51x
Debt to Equity
1.24x

Strengths

NetIncomeLoss YoY

Watchpoints

Return On Equity and Return On Assets

Key metrics snapshot

Return On Equity

5.7%

YoY: +107%

Industry median: 8.1% (n=48)

View history

Return On Assets

2.5%

YoY: +93%

Industry median: 2.4% (n=55)

View history

Operating Margin

16%

YoY: +78%

Industry median: 20% (n=45)

View history

Current Ratio

0.51x

YoY: -34%

Industry median: 0.81x (n=57)

View history

Debt-to-equity

1.24x

YoY: +14%

Industry median: 1.88x (n=32)

View history

Revenues YoY

5.5%

YoY:

Industry median: 9.2% (n=45)

View history

NetIncomeLoss YoY

109%

YoY:

Industry median: 4.3% (n=45)

View history

Profitability

Metric Latest value YoY change
Return On Equity 5.7% +107%
Return On Assets 2.5% +93%
Operating Margin 16% +78%

Financial Health

Metric Latest value YoY change
Current Ratio 0.51x -34%
Debt-to-equity 1.24x +14%

Growth

Metric Latest value YoY change
Revenues YoY 5.5%
NetIncomeLoss YoY 109%

Share Metrics

Metric Latest value YoY change
Entity Common Stock, Shares Outstanding 386,911,024 +0.04%
Common Stock, Shares, Outstanding 386,911,024 +0.04%
Common Stock, Value, Issued $4,000,000 +33%
Weighted Average Number of Shares Outstanding, Basic 387,010,149 +0.04%
Weighted Average Number of Shares Outstanding, Diluted 387,434,841 +0.03%

Additional Metrics

Metric Latest value YoY change
Revenue from Contract with Customer, Excluding Assessed Tax $8,092,000,000 +5.5%
Operating Income (Loss) $1,312,000,000 +88%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,050,000,000 +154%
Income Tax Expense (Benefit) $60,000,000
Earnings Per Share, Basic 3 +111%
Earnings Per Share, Diluted 3 +112%
Cash and Cash Equivalents, at Carrying Value $148,000,000 +97%
Assets, Current $3,666,000,000 +20%
Other Long-term Investments $52,000,000 +21%
Property, Plant and Equipment, Net $34,683,000,000 +8.2%
Operating Lease, Right-of-Use Asset $206,000,000 +5.1%
Intangible Assets, Net (Excluding Goodwill) $271,000,000 -6.6%
Goodwill $3,119,000,000 0%
Other Assets, Noncurrent $355,000,000 -15%
Assets $46,733,000,000 +10%
Contract with Customer, Liability, Current $5,000,000 -44%
Liabilities, Current $7,139,000,000 +82%
Contract with Customer, Liability, Noncurrent $981,000,000 -3.2%
Deferred Income Tax Liabilities, Net $2,544,000,000 +5.7%
Operating Lease, Liability, Noncurrent $210,000,000 +6.6%
Other Liabilities, Noncurrent $5,429,000,000 +1.9%
Liabilities $26,043,000,000 +18%
Accumulated Other Comprehensive Income (Loss), Net of Tax $31,000,000
Retained Earnings (Accumulated Deficit) $2,059,000,000 +15%
Stockholders' Equity Attributable to Parent $19,755,000,000 +1.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $20,690,000,000 +1.5%
Liabilities and Equity $46,733,000,000 +10%
Common Stock, Shares Authorized 500,000,000 0%
Common Stock, Shares, Issued 388,008,132 +0.04%
Common Stock, Par or Stated Value Per Share 0.01 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $151,000,000 +80%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $1,158,000,000 +53%
Operating Lease, Liability, Current $15,000,000 0%

How we score

This score is transparent and deterministic. We weight profitability, financial health, and growth metrics, then renormalize weights when SEC data is missing.

Metric Weight V1 threshold
ROIC205% to 20%
ROE158% to 25%
ROA102% to 10%
Operating Margin55% to 25%
Current Ratio121.0x to 2.0x
Quick Ratio80.8x to 1.5x
Debt to Equity100.3x to 2.0x (lower is better)
Revenue YoY10-10% to +20%
Net Income YoY10-10% to +20%

How Calculated (standard_v1)

Metrics are computed with a market-consensus convention designed for cross-portal comparability.

  • TTM Operating Income / TTM Revenues
  • Current Assets / Current Liabilities (latest instant quarter)
  • (Current Assets - Inventory) / Current Liabilities; fallback: (Cash+Short-Term Investments + Accounts Receivable) / Current Liabilities
  • Total Debt / Stockholders Equity (latest instant quarter; shared unit; freshest series)
  • TTM Net Income / Average Equity (current quarter + same quarter previous year) / 2
  • TTM Net Income / Average Assets (current quarter + same quarter previous year) / 2
  • TTM NOPAT / Average Invested Capital, where NOPAT=Operating Income*(1-tax rate), Invested Capital=Equity+Total Debt-Cash & ST Investments
  • TTM Revenues YoY
  • TTM Net Income YoY