Avangrid, Inc.

NYSE-AGR

Overview Financials Investor Relations Estimates Ownership Industry Dividends Modeling Filings

Income Statement	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Total Revenues						6,336	6,320	6,974	7,923	8,309	8,596
Total Revenues % Chg.						-2.2%	-0.3%	10.3%	13.6%	4.9%	6.8%
Cost of Goods Sold, Total						3,814	3,845	4,392	5,328	5,538	5,545
Gross Profit						2,522	2,475	2,582	2,595	2,771	3,051
Selling General & Admin Expenses, Total	—	—	—			79	62	37	58	-22	-18
Depreciation & Amortization						900	978	1,014	1,085	1,157	1,194
Other Operating Expenses						591	619	640	658	683	703
Other Operating Expenses, Total						1,570	1,659	1,691	1,801	1,818	1,879
Operating Income						952	816	891	794	953	1,172
Interest Expense, Total						-310	-316	-298	-303	-409	-462
Net Interest Expenses						-310	-316	-298	-303	-409	-462
Income (Loss) On Equity Invest.		—				3	-3	7	262	6	11
Currency Exchange Gains (Loss)	—	—	—	—	—	—	4	—	—	—	—
Other Non Operating Income (Expenses)						52	56	97	88	107	168
EBT, Excl. Unusual Items						697	557	697	841	657	889
Restructuring Charges	—	—	—			—	—	—	—	—	—
Gain (Loss) On Sale Of Investments	—	—		—	—	50	4	—	—	—	—
Gain (Loss) On Sale Of Assets	—	—	—			98	16	—	—	—	—
Asset Writedown			—	—		-33	-9	-33	—	-1	-7
Other Unusual Items	—		—	—	—	—	—	—	—	—	—
EBT, Incl. Unusual Items						812	568	664	841	656	882
Income Tax Expense						169	29	21	20	-9	33
Earnings From Continuing Operations						643	539	643	821	665	849
Minority Interest	—	—	—			24	42	64	60	121	127
Net Income						667	581	707	881	786	976
Net Income to Common Incl Extra Items						667	581	707	881	786	976
Net Income to Common Excl. Extra Items						667	581	707	881	786	976
Total Shares Outstanding						309	309.1	386.6	386.6	386.8	386.9
Weighted Avg. Shares Outstanding						309.5	309.5	358.1	386.7	386.8	386.9
Weighted Avg. Shares Outstanding Dil						309.5	309.6	358.6	387.2	387.2	387.3
EPS						2.2	1.9	2	2.3	2	2.5
EPS Diluted						2.2	1.9	2	2.3	2	2.5
EBITDA						1,864	1,805	1,917	1,893	2,125	2,387
Effective Tax Rate						20.8%	5.1%	3.2%	2.4%	-1.4%	3.7%