Financials Avangrid, Inc.

Equities

AGR

US05351W1036

Electric Utilities

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
36.38 USD -0.47% Intraday chart for Avangrid, Inc. -1.33% +12.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 15,809 14,044 19,314 16,617 12,535 14,076 - -
Enterprise Value (EV) 1 23,637 23,679 26,295 25,751 24,400 27,990 29,343 29,940
P/E ratio 22.6 x 24.2 x 25.3 x 18.9 x 16 x 16.1 x 14.9 x 14.1 x
Yield 3.44% 3.87% 3.53% 4.09% 5.43% 4.87% 4.9% 4.84%
Capitalization / Revenue 2.49 x 2.22 x 2.77 x 2.1 x 1.51 x 1.66 x 1.6 x 1.55 x
EV / Revenue 3.73 x 3.75 x 3.77 x 3.25 x 2.94 x 3.3 x 3.34 x 3.29 x
EV / EBITDA 12.2 x 12.8 x 13.8 x 13.3 x 11.7 x 11.7 x 11.5 x 11 x
EV / FCF -20.6 x -15.9 x -18.6 x -17.4 x -11.9 x -26.6 x 4,401 x 334 x
FCF Yield -4.85% -6.31% -5.38% -5.76% -8.41% -3.76% 0.02% 0.3%
Price to Book 1.04 x 0.92 x 1.01 x 0.86 x 0.64 x 0.7 x 0.69 x 0.66 x
Nbr of stocks (in thousands) 309,005 309,010 387,205 386,624 386,771 386,906 - -
Reference price 2 51.16 45.45 49.88 42.98 32.41 36.38 36.38 36.38
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,338 6,320 6,974 7,923 8,309 8,477 8,783 9,090
EBITDA 1 1,937 1,856 1,909 1,937 2,088 2,395 2,558 2,714
EBIT 1 1,003 869 895 852 930 1,148 1,270 1,297
Operating Margin 15.83% 13.75% 12.83% 10.75% 11.19% 13.54% 14.46% 14.27%
Earnings before Tax (EBT) 1 819 568 664 841 656 972.6 1,014 1,035
Net income 1 700 581 707 881 786 876.4 953.3 1,014
Net margin 11.04% 9.19% 10.14% 11.12% 9.46% 10.34% 10.85% 11.15%
EPS 2 2.260 1.880 1.970 2.270 2.030 2.263 2.447 2.580
Free Cash Flow 1 -1,147 -1,493 -1,415 -1,484 -2,053 -1,051 6.667 89.67
FCF margin -18.1% -23.62% -20.29% -18.73% -24.71% -12.4% 0.08% 0.99%
FCF Conversion (EBITDA) - - - - - - 0.26% 3.3%
FCF Conversion (Net income) - - - - - - 0.7% 8.85%
Dividend per Share 2 1.760 1.760 1.760 1.760 1.760 1.773 1.782 1.760
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,933 2,133 1,794 1,838 2,158 2,466 1,587 1,974 2,282 2,417 1,712 2,018 2,246 2,708 1,815
EBITDA 478 563 492 - - - 411 392 740 691 - - - - -
EBIT 1 220 302 221 112 217 265 126 89 450 407 216.2 155.8 453.4 - -
Operating Margin 11.38% 14.16% 12.32% 6.09% 10.06% 10.75% 7.94% 4.51% 19.72% 16.84% 12.63% 7.72% 20.19% - -
Earnings before Tax (EBT) 1 155 495 157 56 133 197 60 23 376 342 165.2 108 408.8 - -
Net income 1 164 445 184 105 147 245 85 59 397 351 167 114.7 355.8 - -
Net margin 8.48% 20.86% 10.26% 5.71% 6.81% 9.94% 5.36% 2.99% 17.4% 14.52% 9.75% 5.68% 15.84% - -
EPS 2 0.4200 1.150 0.4800 0.2700 0.3800 0.6300 0.2200 0.1500 1.030 0.9100 0.4250 0.3250 0.8600 - -
Dividend per Share 2 0.4400 0.4400 0.4400 0.4400 0.4400 0.4400 0.4400 - 0.4400 - 0.4400 0.4400 0.4400 - -
Announcement Date 2/22/22 4/26/22 7/26/22 10/25/22 2/21/23 4/25/23 7/26/23 10/25/23 2/21/24 4/24/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,828 9,635 6,981 9,134 11,865 13,915 15,268 15,864
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.041 x 5.191 x 3.657 x 4.716 x 5.682 x 5.81 x 5.968 x 5.844 x
Free Cash Flow 1 -1,147 -1,493 -1,415 -1,484 -2,053 -1,051 6.67 89.7
ROE (net income / shareholders' equity) 4.61% 4.11% 4.55% 4.69% 4.03% 4.58% 4.8% 4.97%
ROA (Net income/ Total Assets) 2.1% 1.73% 2.02% 2.24% 1.85% 1.86% 1.92% 1.91%
Assets 1 33,291 33,566 35,045 39,418 42,555 47,015 49,755 52,984
Book Value Per Share 2 49.20 49.10 49.30 50.10 50.80 52.20 52.60 54.90
Cash Flow per Share 2 5.150 5.210 4.740 4.130 2.370 5.240 5.660 5.910
Capex 1 2,740 2,781 2,976 2,519 2,972 3,195 2,631 2,406
Capex / Sales 43.23% 44% 42.67% 31.79% 35.77% 37.69% 29.95% 26.46%
Announcement Date 2/25/20 2/23/21 2/22/22 2/21/23 2/21/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
36.38 USD
Average target price
35.78 USD
Spread / Average Target
-1.64%
Consensus
  1. Stock Market
  2. Equities
  3. AGR Stock
  4. Financials Avangrid, Inc.