Avangrid, Inc.
AGRUtilities · Electric Services · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | |
|---|---|---|---|---|---|---|
| Revenue | $7.64B | $7.79B | $6.79B | $5.99B | $5.96B | $5.82B |
| Operating income | $930.0M | $852.0M | $895.0M | $869.0M | $998.0M | $1.12B |
| Net income | $786.0M | $881.0M | $707.0M | $581.0M | $667.0M | $587.0M |
| Total assets | $43.99B | $41.12B | $39.50B | $37.82B | $34.39B | $32.17B |
| Total liabilities | $23.31B | $20.78B | $19.54B | $22.00B | $18.86B | $16.76B |
| Equity | $19.65B | $19.38B | $19.08B | $15.21B | $15.19B | $15.10B |
| EPS (diluted) | $2.03 | $2.27 | $1.97 | $1.88 | $2.16 | $1.89 |
| Shares out. | 386.6M | 386.6M | 309.4M | 309.0M | 309.0M | 309.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2023- Operating margin
- 12.2%
- Net margin
- 10.3%
- Return on equity
- 4.0%
- Return on assets
- 1.8%
- Return on capital (ROCE)
- 2.4%
- Liabilities / assets
- 53.0%
- Debt / equity
- 1.19×
- Book value / share
- $50.82
- Revenue growth (YoY)
- −1.8%
- Net income growth (YoY)
- −10.8%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2023- Altman Z″ (distress)
- 0.90distress
- Accruals / assets
- −0.3%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 1 warning● 3 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 2, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 2, 2017
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2016
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Iberdrola, S.A.Passive (13G)Dec 23, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Baldacci John E.Director | Dec 23, 2024 | D | 350 | $35.75 |
| Solomont Alan DDirector | Dec 23, 2024 | D | 11,024 | $35.75 |
| Herbert Teresa ADirector | Dec 23, 2024 | D | 1,000 | $35.75 |
| Alcain DanielDirector | Dec 23, 2024 | D | 2,654 | $35.75 |
| Iberdrola, S.A.10% owner | Dec 23, 2024 | Buy | 71.4M | $35.75 |
| Azagra Blazquez PedroOfficer — Chief Executive Officer | Dec 23, 2024 | D | 30,606.795 | $35.75 |
| Sanchez Galan Jose IgnacioDirector | Dec 23, 2024 | D | 106,400 | $35.75 |
| Lagasse JustinOfficer — See Remarks | Dec 23, 2024 | D | 1,942 | $35.75 |
| Lahey John LDirector | Dec 23, 2024 | D | 22,047.73 | $35.75 |
| Mahoney R. ScottOfficer — See Remarks | Dec 23, 2024 | D | 5,932 | $35.75 |
| Miranda Soto Jose AntonioOfficer — See Remarks | Dec 23, 2024 | D | 6,788 | $35.75 |
| Solomont Alan DDirector | Jul 1, 2024 | Buy | 141 | $35.68 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylawsDec 23, 2024
- Entered a material agreementOct 29, 2024
- Other material eventOct 24, 2024
- Results of operationsOct 22, 2024
- Shareholder voteSep 26, 2024
- Entered a material agreement · New financial obligationSep 19, 2024
- Other material eventSep 18, 2024
- Director / officer changeSep 6, 2024
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.