Avangrid, Inc. (AGR)

Income Statement (Annual)

Financials in millions USD. Fiscal year is January - December.

Year	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	6,974	6,320	6,336	6,477	5,963	6,018	4,367	4,594	4,313
Revenue Growth (YoY)	10.35%	-0.25%	-2.18%	8.62%	-0.91%	37.81%	-4.94%	6.52%	-
Cost of Revenue	5,065	4,464	4,405	4,490	3,992	4,020	3,147	3,055	2,920
Gross Profit	1,909	1,856	1,931	1,987	1,971	1,998	1,220	1,539	1,393
Other Operating Expenses	1,014	987	933	871	1,466	804	707	654	1,214
Operating Expenses	1,014	987	933	871	1,466	804	707	654	1,214
Operating Income	895	869	998	1,116	505	1,194	513	885	179
Interest Expense / Income	298	316	310	303	280	268	267	243	245
Other Expense / Income	-131	-57	-148	59	103	-83	-56	-64	-50
Pretax Income	728	610	836	754	122	1,009	302	706	-16
Income Tax	21	29	169	167	-259	377	29	282	35
Net Income	707	581	667	587	381	632	273	424	-51
Net Income Growth	21.69%	-12.89%	13.63%	54.07%	-39.72%	131.50%	-35.61%	-	-
Shares Outstanding (Basic)	358	309	309	310	310	310	255	252	252
Shares Outstanding (Diluted)	359	310	310	310	310	310	255	252	252
Shares Change	15.84%	0.01%	-0.06%	0.02%	-0.05%	21.69%	0.94%	-	-
EPS (Basic)	1.97	1.88	2.16	1.90	1.23	2.04	1.07	1.68	-0.20
EPS (Diluted)	1.97	1.88	2.16	1.89	1.23	2.04	1.07	1.68	-0.20
EPS Growth	4.79%	-12.96%	14.29%	53.66%	-39.71%	90.65%	-36.31%	-	-
Free Cash Flow Per Share	-3.52	-4.65	-3.41	0.27	-1.89	-0.09	1.25	1.36	1.03
Dividend Per Share	1.760	1.760	1.760	1.744	1.728	1.728	-	-	-
Dividend Growth	-	-	0.92%	0.93%	-	-	-	-	-
Gross Margin	27.37%	29.37%	30.48%	30.68%	33.05%	33.20%	27.94%	33.50%	32.30%
Operating Margin	12.83%	13.75%	15.75%	17.23%	8.47%	19.84%	11.75%	19.26%	4.15%
Profit Margin	10.14%	9.19%	10.53%	9.06%	6.39%	10.50%	6.25%	9.23%	-1.18%
Free Cash Flow Margin	-18.08%	-22.75%	-16.65%	1.27%	-9.79%	-0.45%	7.30%	7.49%	6.01%
Effective Tax Rate	2.88%	4.75%	20.22%	22.15%	-212.30%	37.36%	9.60%	39.94%	-
EBITDA	2,040	1,913	2,079	1,912	1,226	2,081	1,264	1,578	823
EBITDA Margin	29.25%	30.27%	32.81%	29.52%	20.56%	34.58%	28.94%	34.35%	19.08%
Depreciation & Amortization	1,014	987	933	855	824	804	695	629	594
EBIT	1,026	926	1,146	1,057	402	1,277	569	949	229
EBIT Margin	14.71%	14.65%	18.09%	16.32%	6.74%	21.22%	13.03%	20.66%	5.31%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).