
Avangrid Inc
NYSE:AGR

Income Statement
Earnings Waterfall
Avangrid Inc
Revenue
|
8.7B
USD
|
Cost of Revenue
|
-2.2B
USD
|
Gross Profit
|
6.5B
USD
|
Operating Expenses
|
-5.2B
USD
|
Operating Income
|
1.3B
USD
|
Other Expenses
|
-190m
USD
|
Net Income
|
1.1B
USD
|
Income Statement
Avangrid Inc
Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
982
N/A
|
4 594
+368%
|
3 327
-28%
|
4 266
+28%
|
4 332
+2%
|
4 367
+1%
|
4 810
+10%
|
5 310
+10%
|
5 680
+7%
|
6 018
+6%
|
6 106
+1%
|
5 998
-2%
|
5 921
-1%
|
5 963
+1%
|
6 070
+2%
|
6 141
+1%
|
6 346
+3%
|
6 477
+2%
|
6 454
0%
|
6 452
0%
|
6 393
-1%
|
6 336
-1%
|
6 283
-1%
|
6 275
0%
|
6 258
0%
|
6 320
+1%
|
6 497
+3%
|
6 582
+1%
|
6 710
+2%
|
6 974
+4%
|
7 141
+2%
|
7 458
+4%
|
7 698
+3%
|
7 923
+3%
|
8 256
+4%
|
8 049
-3%
|
8 185
+2%
|
8 309
+2%
|
8 260
-1%
|
8 596
+4%
|
8 705
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(204)
|
(1 181)
|
(852)
|
(1 003)
|
(1 010)
|
(972)
|
(1 008)
|
(1 078)
|
(1 179)
|
(1 286)
|
(1 323)
|
(1 344)
|
(1 282)
|
(1 338)
|
(1 449)
|
(1 486)
|
(1 578)
|
(1 653)
|
(1 640)
|
(1 620)
|
(1 557)
|
(1 509)
|
(1 421)
|
(1 427)
|
(1 407)
|
(1 379)
|
(1 405)
|
(1 405)
|
(1 465)
|
(1 719)
|
(1 959)
|
(2 134)
|
(2 350)
|
(2 456)
|
(2 692)
|
(2 637)
|
(2 584)
|
(2 429)
|
(2 176)
|
(2 220)
|
(2 195)
|
|
Gross Profit |
778
N/A
|
3 413
+339%
|
2 475
-27%
|
3 263
+32%
|
3 322
+2%
|
3 395
+2%
|
3 802
+12%
|
4 232
+11%
|
4 501
+6%
|
4 732
+5%
|
4 783
+1%
|
4 654
-3%
|
4 639
0%
|
4 625
0%
|
4 621
0%
|
4 655
+1%
|
4 768
+2%
|
4 824
+1%
|
4 814
0%
|
4 832
+0%
|
4 836
+0%
|
4 827
0%
|
4 862
+1%
|
4 848
0%
|
4 851
+0%
|
4 941
+2%
|
5 092
+3%
|
5 177
+2%
|
5 245
+1%
|
5 255
+0%
|
5 182
-1%
|
5 324
+3%
|
5 348
+0%
|
5 467
+2%
|
5 564
+2%
|
5 412
-3%
|
5 601
+3%
|
5 880
+5%
|
6 084
+3%
|
6 376
+5%
|
6 510
+2%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(622)
|
(2 503)
|
(1 940)
|
(2 632)
|
(2 683)
|
(2 870)
|
(3 136)
|
(3 317)
|
(3 528)
|
(3 538)
|
(3 511)
|
(3 452)
|
(3 436)
|
(3 478)
|
(3 493)
|
(3 547)
|
(3 624)
|
(3 692)
|
(3 749)
|
(3 792)
|
(3 811)
|
(3 829)
|
(3 878)
|
(3 916)
|
(3 993)
|
(4 072)
|
(4 144)
|
(4 253)
|
(4 348)
|
(4 360)
|
(4 391)
|
(4 443)
|
(4 493)
|
(4 615)
|
(4 749)
|
(4 692)
|
(4 904)
|
(4 950)
|
(5 012)
|
(5 229)
|
(5 198)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
(1)
|
(2)
|
(2)
|
(3)
|
(9)
|
(12)
|
(13)
|
(14)
|
(11)
|
(12)
|
(16)
|
(18)
|
(19)
|
(17)
|
(14)
|
(15)
|
(14)
|
(14)
|
(16)
|
(11)
|
(10)
|
(10)
|
(9)
|
|
Depreciation & Amortization |
(159)
|
(629)
|
(493)
|
(680)
|
(684)
|
(695)
|
(725)
|
(751)
|
(791)
|
(804)
|
(796)
|
(789)
|
(791)
|
(824)
|
(830)
|
(839)
|
(860)
|
(855)
|
(874)
|
(881)
|
(892)
|
(933)
|
(962)
|
(982)
|
(1 000)
|
(987)
|
(983)
|
(991)
|
(995)
|
(1 014)
|
(1 028)
|
(1 049)
|
(1 069)
|
(1 085)
|
(1 104)
|
(1 118)
|
(1 142)
|
(1 158)
|
(1 176)
|
(1 201)
|
(1 225)
|
|
Operations Maintenance |
(383)
|
(1 552)
|
(1 185)
|
(1 619)
|
(1 657)
|
(1 808)
|
(1 979)
|
(2 103)
|
(2 235)
|
(2 205)
|
(2 177)
|
(2 112)
|
(2 090)
|
(2 090)
|
(2 096)
|
(2 136)
|
(2 179)
|
(2 244)
|
(2 271)
|
(2 310)
|
(2 324)
|
(2 290)
|
(2 301)
|
(2 309)
|
(2 354)
|
(2 441)
|
(2 516)
|
(2 607)
|
(2 696)
|
(2 676)
|
(2 684)
|
(2 703)
|
(2 737)
|
(2 843)
|
(2 968)
|
(2 909)
|
(3 073)
|
(3 083)
|
(3 130)
|
(3 315)
|
(3 258)
|
|
Other Operating Expenses |
(80)
|
(322)
|
(262)
|
(333)
|
(342)
|
(367)
|
(432)
|
(463)
|
(502)
|
(528)
|
(538)
|
(551)
|
(555)
|
(563)
|
(567)
|
(572)
|
(585)
|
(591)
|
(603)
|
(599)
|
(593)
|
(603)
|
(606)
|
(613)
|
(626)
|
(630)
|
(634)
|
(643)
|
(641)
|
(652)
|
(660)
|
(674)
|
(673)
|
(672)
|
(663)
|
(651)
|
(673)
|
(698)
|
(696)
|
(703)
|
(706)
|
|
Operating Income |
156
N/A
|
910
+483%
|
535
-41%
|
631
+18%
|
639
+1%
|
525
-18%
|
666
+27%
|
915
+37%
|
973
+6%
|
1 194
+23%
|
1 272
+7%
|
1 202
-6%
|
1 203
+0%
|
1 147
-5%
|
1 128
-2%
|
1 108
-2%
|
1 144
+3%
|
1 132
-1%
|
1 065
-6%
|
1 040
-2%
|
1 025
-1%
|
998
-3%
|
984
-1%
|
932
-5%
|
858
-8%
|
869
+1%
|
948
+9%
|
924
-3%
|
897
-3%
|
895
0%
|
791
-12%
|
881
+11%
|
855
-3%
|
852
0%
|
815
-4%
|
720
-12%
|
697
-3%
|
930
+33%
|
1 072
+15%
|
1 147
+7%
|
1 312
+14%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(70)
|
(231)
|
(183)
|
(250)
|
(247)
|
(267)
|
(289)
|
(290)
|
(281)
|
(261)
|
(248)
|
(247)
|
(260)
|
(320)
|
(323)
|
(321)
|
(324)
|
(293)
|
(298)
|
(308)
|
(307)
|
(307)
|
(312)
|
(324)
|
(336)
|
(319)
|
(309)
|
(293)
|
(279)
|
(291)
|
(37)
|
(39)
|
(42)
|
(41)
|
(316)
|
(338)
|
(372)
|
(403)
|
(429)
|
(451)
|
(471)
|
|
Non-Reccuring Items |
(3)
|
(25)
|
0
|
(23)
|
(23)
|
(12)
|
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(642)
|
(647)
|
(657)
|
(658)
|
(16)
|
(11)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
19
|
52
|
33
|
43
|
40
|
56
|
93
|
103
|
90
|
76
|
11
|
(30)
|
(48)
|
(62)
|
(67)
|
(66)
|
(67)
|
(66)
|
(52)
|
(30)
|
(8)
|
121
|
125
|
125
|
135
|
18
|
22
|
54
|
51
|
60
|
70
|
45
|
50
|
30
|
44
|
64
|
88
|
129
|
158
|
186
|
209
|
|
Pre-Tax Income |
102
N/A
|
706
+592%
|
385
-45%
|
401
+4%
|
409
+2%
|
302
-26%
|
470
+56%
|
728
+55%
|
780
+7%
|
1 009
+29%
|
1 035
+3%
|
925
-11%
|
895
-3%
|
123
-86%
|
91
-26%
|
64
-30%
|
95
+48%
|
757
+697%
|
704
-7%
|
701
0%
|
710
+1%
|
812
+14%
|
797
-2%
|
733
-8%
|
657
-10%
|
568
-14%
|
661
+16%
|
685
+4%
|
669
-2%
|
664
-1%
|
824
+24%
|
887
+8%
|
863
-3%
|
841
-3%
|
543
-35%
|
446
-18%
|
413
-7%
|
656
+59%
|
801
+22%
|
882
+10%
|
1 050
+19%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(38)
|
(282)
|
(118)
|
(123)
|
(141)
|
(29)
|
(91)
|
(258)
|
(255)
|
(379)
|
(378)
|
(250)
|
(229)
|
(69)
|
(38)
|
(14)
|
(11)
|
(121)
|
(90)
|
(99)
|
(103)
|
(169)
|
(140)
|
(105)
|
(87)
|
(29)
|
(31)
|
(47)
|
(8)
|
(21)
|
(75)
|
(61)
|
(35)
|
(20)
|
66
|
53
|
11
|
9
|
(29)
|
(33)
|
(60)
|
|
Income from Continuing Operations |
64
|
424
|
267
|
278
|
268
|
273
|
379
|
470
|
525
|
630
|
657
|
675
|
666
|
54
|
53
|
50
|
84
|
636
|
614
|
602
|
607
|
643
|
657
|
628
|
570
|
539
|
630
|
638
|
661
|
643
|
749
|
826
|
828
|
821
|
609
|
499
|
424
|
665
|
772
|
849
|
990
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
5
|
2
|
(6)
|
(3)
|
(8)
|
0
|
20
|
24
|
33
|
40
|
35
|
42
|
45
|
47
|
48
|
64
|
69
|
78
|
70
|
60
|
72
|
83
|
112
|
121
|
120
|
127
|
132
|
|
Net Income (Common) |
64
N/A
|
424
+563%
|
267
-37%
|
278
+4%
|
268
-4%
|
273
+2%
|
379
+39%
|
470
+24%
|
525
+12%
|
630
+20%
|
657
+4%
|
675
+3%
|
665
-1%
|
381
-43%
|
386
+1%
|
373
-3%
|
399
+7%
|
587
+47%
|
560
-5%
|
563
+1%
|
588
+4%
|
667
+13%
|
690
+3%
|
668
-3%
|
605
-9%
|
581
-4%
|
675
+16%
|
685
+1%
|
709
+4%
|
707
0%
|
818
+16%
|
904
+11%
|
898
-1%
|
881
-2%
|
681
-23%
|
582
-15%
|
536
-8%
|
786
+47%
|
892
+13%
|
976
+9%
|
1 122
+15%
|
|
EPS (Diluted) |
0.21
N/A
|
1.37
+552%
|
0.86
-37%
|
0.9
+5%
|
0.86
-4%
|
1.07
+24%
|
1.22
+14%
|
1.51
+24%
|
1.69
+12%
|
2.03
+20%
|
2.12
+4%
|
2.18
+3%
|
2.15
-1%
|
1.23
-43%
|
1.24
+1%
|
1.2
-3%
|
1.28
+7%
|
1.89
+48%
|
1.8
-5%
|
1.81
+1%
|
1.89
+4%
|
2.15
+14%
|
2.23
+4%
|
2.15
-4%
|
1.95
-9%
|
1.88
-4%
|
2.18
+16%
|
1.97
-10%
|
1.82
-8%
|
1.97
+8%
|
2.11
+7%
|
2.34
+11%
|
2.32
-1%
|
2.28
-2%
|
1.76
-23%
|
1.5
-15%
|
1.38
-8%
|
2.03
+47%
|
2.3
+13%
|
2.52
+10%
|
2.9
+15%
|