Company Information

  

Address: 157 CHURCH STREET  
City: NEW HAVEN 
State: CT 
Zip Code: 06506 
Telephone: 207-688-6363 

Description of Business

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

Avangrid, Inc., or AVANGRID, formerly Iberdrola USA, Inc., is a New York corporation headquartered in New Haven, Connecticut. AVANGRID is a diversified energy and utility company with more than $30 billion in assets and operations in 26 states. The company operates regulated utilities and electricity generation through two primary lines of business. Avangrid Networks includes eight electric and natural gas utilities, serving 3.1 million customers in New York and New England. Avangrid Renewables operates 6.5 gigawatts of electricity capacity, primarily through wind power, in states across the United States. AVANGRID employs approximately 7,000 people. The company was formed by a merger between Iberdrola USA, Inc. and UIL Holdings Corporation, or UIL, in 2015. Iberdrola S.A., a corporation (sociedad anĂ³nima) organized under the laws of the Kingdom of Spain, a worldwide leader in the energy industry, directly owns 81.5% of outstanding shares of AVANGRID common stock.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
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 2016 Leverage 2016
Net Inc/Comm Equity0.05Total Liab/Total Assets0.52
Net Inc/Total Assets0.02Total Liab/Inv Cap0.58
Net Inc/Inv Cap0.02Total Liab/Comm Equity1.19
Pretax Inc/Net Sales0.17Interest Coverage Ratio4.76
Net Inc/Net Sales0.10Curr Debt/Equity0.04
Cash Flow/Net Sales0.26LTD/Equity0.30
SG&A/NetSales0.67Total Debt/Equity0.34
Asset Utilization   Liquidity  
Net Receivables Turnover5.49Quick Ratio0.78
Inventory TurnoverNACurrent Ratio0.83
Inventory Day SalesNANet Rec/Curr Assets0.51
Net Sales/Work Cap-13.08Inv/Curr Assets0.06
Net Sales/PP&E0.28  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 1,341.00 1,331.00 1,758.00 1,491.00
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 947.00 902.00 1,163.00 1,002.00
Operating Income 189.00 223.00 398.00 306.00
Interest Exp 71.00 68.00 71.00 56.00
Pretax Income 132.00 164.00 342.00 257.00
Other Income 14.00 8.00 13.00 4.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 99.00 120.00 239.00 207.00

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 123.00 134.00 144.00 289.00
Receivables - Total 960.00 999.00 1,134.00 1,144.00
Inventories - Total 114.00 109.00 113.00 132.00
Total Current Assets 2,021.00 1,932.00 2,098.00 2,252.00
Net Property, Plant & Equipment 22,682.00 22,290.00 21,797.00 21,548.00
Total Assets 31,921.00 31,485.00 31,396.00 31,309.00
Liabilities        
Accounts Payable 1,361.00 1,302.00 1,299.00 1,570.00
Debt in Current Liabilities 1,017.00 643.00 725.00 575.00
Total Current Liabilities 2,934.00 2,472.00 2,588.00 2,712.00
Long-Term Debt 4,835.00 4,845.00 4,587.00 4,588.00
Total Liabilities 16,719.00 16,258.00 16,157.00 16,200.00
Stockholder's Equity        
Minority Interest 15.00 14.00 13.00 13.00
Preferred Stock NA NA NA NA
Common Stock 3.00 3.00 3.00 3.00
Retained Earnings 1,605.00 1,639.00 1,649.00 1,544.00
Treasury Stock -8.00 -8.00 -5.00 -5.00
Total Stockholders' Equity 15,202.00 15,227.00 15,239.00 15,109.00
Total Liabilities and Stockholders' Equity 31,921.00 31,485.00 31,396.00 31,309.00

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities 397.00 484.00 441.00 347.00
Net Cash Provided by Investing Activities -622.00 -531.00 -514.00 -662.00
Net Cash Provided by Financing Activities 217.00 54.00 12.00 224.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20144,594.00424.00--
12/20154,367.00267.001.05
12/20166,018.00630.002.04
Growth Rates14.4521.90--

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1724843,93714.22




Report Date : 12/11/2017

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