Avangrid, Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Avangrid, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Avangrid, Inc. Operating Margin for the quarter ending September 30, 2024 was 15.1 %, a 77% increase year-over-year.
  • Avangrid, Inc. annual Operating Margin for 2023 was 11.2 %, a 4.09% increase from 2022.
  • Avangrid, Inc. annual Operating Margin for 2022 was 10.8 %, a 16.2% decline from 2021.
  • Avangrid, Inc. annual Operating Margin for 2021 was 12.8 %, a 6.69% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 11.2 +0.44 +4.09% Jan 1, 2023 Dec 31, 2023
2022 10.8 -2.08 -16.2% Jan 1, 2022 Dec 31, 2022
2021 12.8 -0.92 -6.69% Jan 1, 2021 Dec 31, 2021
2020 13.8 -2 -12.7% Jan 1, 2020 Dec 31, 2020
2019 15.8 -1.48 -8.59% Jan 1, 2019 Dec 31, 2019
2018 17.2 +8.76 +103% Jan 1, 2018 Dec 31, 2018
2017 8.47 -11.4 -57.3% Jan 1, 2017 Dec 31, 2017
2016 19.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.