Company Information

  

Address: 180 MARSH HILL ROAD  
City: ORANGE 
State: CT 
Zip Code: 06477 
Telephone: 207-629-1128 

Description of Business

Primary SIC Code: 4911
(As filed with the SEC)  

Avangrid, Inc., or AVANGRID, or the Company, formerly Iberdrola USA, Inc., is a New York corporation headquartered in Orange, Connecticut. AVANGRID is a diversified energy and utility company with approximately $32 billion in assets and operations in 27 states. The Company operates regulated utilities and electricity generation through two primary lines of business, Avangrid Networks and Avangrid Renewables. Avangrid Networks includes eight electric and natural gas utilities, serving 3.2 million customers in New York and New England. Avangrid Renewables operates 7.1 gigawatts of electricity capacity, primarily through wind power, with presence in 22 states across the United States. AVANGRID employs approximately 6,600 people. The company was formed by a merger between Iberdrola USA, Inc. and UIL Holdings Corporation, or UIL, in 2015.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.250.43240.90
12/20171.230.43241.12
09/20172.160.43221.95
06/20172.190.43220.16
03/20172.120.43220.16
12/20162.040.43218.57
03/20160.280.432143.25
12/20151.05NA36.57

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.03Total Liab/Total Assets0.52
Net Inc/Total Assets0.01Total Liab/Inv Cap0.60
Net Inc/Inv Cap0.01Total Liab/Comm Equity1.22
Pretax Inc/Net Sales0.02Interest Coverage Ratio1.44
Net Inc/Net Sales0.06Curr Debt/Equity0.06
Cash Flow/Net Sales0.30LTD/Equity0.35
SG&A/NetSales0.69Total Debt/Equity0.41
Asset Utilization   Liquidity  
Net Receivables Turnover5.44Quick Ratio0.69
Inventory TurnoverNACurrent Ratio0.73
Inventory Day SalesNANet Rec/Curr Assets0.46
Net Sales/Work Cap-6.98Inv/Curr Assets0.05
Net Sales/PP&E0.26  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 1,865.00 1,533.00 1,341.00 1,331.00
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 1,259.00 1,100.00 947.00 931.00
Operating Income 403.00 -425.00 189.00 194.00
Interest Exp 74.00 70.00 71.00 68.00
Pretax Income 310.00 -515.00 132.00 164.00
Other Income -21.00 23.00 14.00 37.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 244.00 -77.00 99.00 120.00

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 80.00 77.00 123.00 134.00
Receivables - Total 1,121.00 1,050.00 960.00 999.00
Inventories - Total 123.00 115.00 114.00 109.00
Total Current Assets 1,981.00 2,260.00 2,021.00 1,932.00
Net Property, Plant & Equipment 22,757.00 22,669.00 22,682.00 22,290.00
Total Assets 31,483.00 31,671.00 31,921.00 31,485.00
Liabilities        
Accounts Payable 1,282.00 1,469.00 1,361.00 1,302.00
Debt in Current Liabilities 869.00 962.00 1,017.00 643.00
Total Current Liabilities 2,716.00 3,114.00 2,934.00 2,472.00
Long-Term Debt 5,263.00 5,288.00 4,835.00 4,845.00
Total Liabilities 16,312.00 16,594.00 16,719.00 16,258.00
Stockholder's Equity        
Minority Interest 148.00 19.00 15.00 14.00
Preferred Stock NA NA NA NA
Common Stock 3.00 3.00 3.00 3.00
Retained Earnings 1,579.00 1,475.00 1,605.00 1,639.00
Treasury Stock -8.00 -8.00 -8.00 -8.00
Total Stockholders' Equity 15,171.00 15,077.00 15,202.00 15,227.00
Total Liabilities and Stockholders' Equity 31,483.00 31,671.00 31,921.00 31,485.00

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 597.00 441.00 397.00 484.00
Net Cash Provided by Investing Activities -323.00 -674.00 -622.00 -531.00
Net Cash Provided by Financing Activities -275.00 245.00 217.00 54.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20144,594.00424.00--
12/20154,367.00273.001.05
12/20166,018.00632.002.04
12/20175,963.00381.001.23
Growth Rates9.08-3.50--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1827544,66214.45




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.