Avangrid Inc (AGR) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Avangrid Inc generates earnings and manages operating expenses.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2023)
2023
(Dec 31 2022) (Dec 31 2021) (Dec 31 2020) (Dec 31 2019)
Revenues
Sales of Products0.00
Total Revenue8,309.00
Costs & Expenses
Cost of Goods and Services Sold2,429.00
Gross Profit5,880.00
Selling, Administration, Marketing683.00
Depreciation & Amortization1,158.00
Utilities Operating Expense Impairments0.00
Utilities Operating Expense3,109.00
Total operating costs including COS7,379.00
Operating income / -loss930.00
Interest Expense409.00
Interest Income0.00
Net Interest Expense / -Income409.00
Loss (Income) from Equity Method Investments-6.00
Other loss / -income-129.00
Total costs & expenses7,653.00
Income & Taxes
Income / -loss before income taxes656.00
Income taxes expenses / -benefit-9.00
Income after income taxes665.00
Income / -loss from continuing operations665.00
Non-controlling interests121.00
Net income / -loss665.00
Income / -loss to shareholder786.00
EBIT1,065.00
EBITD2,223.00
EBITDA2,223.00
Earnings Per Share
Basic EPS (excl. extra items)2.03
Basic Net EPS2.03
Basic shares outstanding (Mill. of Units)386.81
Diluted Net EPS2.03
Diluted average shares (Mill. of Units)387.16
Dividend per share1.76
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About Avangrid Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: February 22, 2024
  • Original filing: agr-20231231.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.