Avangrid, Inc.

AGR · NYSE
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12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenue$8,309$7,923$6,974$6,320
% Growth4.9%13.6%10.3%
Cost of Goods Sold$5,538$5,328$4,425$3,845
Gross Profit$2,771$2,595$2,549$2,475
% Margin33.3%32.8%36.6%39.2%
R&D Expenses$0$0$40$0
G&A Expenses$0$0$0$0
SG&A Expenses$22$58$37$62
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$1,819$1,743$1,654$1,606
Operating Expenses$1,841$1,743$1,654$1,606
Operating Income$930$1,144$895$869
% Margin11.2%14.4%12.8%13.8%
Other Income/Exp. Net-$274-$11-$231-$301
Pre-Tax Income$656$841$664$568
Tax Expense-$9$20$21$29
Net Income$786$881$707$581
% Margin9.5%11.1%10.1%9.2%
EPS2.032.281.971.88
% Growth-11%15.7%4.8%
EPS Diluted2.032.281.971.88
Weighted Avg Shares Out387387358309
Weighted Avg Shares Out Dil387387359310
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$409$303$298$316
Depreciation & Amortization$1,158$1,099$1,026$998
EBITDA$2,223$1,893$1,988$1,878
% Margin26.8%23.9%28.5%29.7%