Avangrid (STU:12A) Other Income (Expense) : €155 Mil (TTM As of Mar. 2024)

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What is Avangrid Other Income (Expense)?

Avangrid's other income expense for the Avangrid's pretax income for the three months ended in Mar. 2024 was €55 Mil. Its other income expense for the trailing twelve months (TTM) ended in Mar. 2024 was €155 Mil.

Avangrid Other Income (Expense) Historical Data

The historical data trend for Avangrid's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Avangrid Other Income (Expense) Chart

Avangrid Annual Data

Trend

Dec14

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Dec18

Dec19

Dec20

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Dec23

Other Income (Expense)

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111.60

12.33

59.30

275.65

123.80

Avangrid Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Income (Expense)	Get a 7-Day Free Trial															25.22	30.46	38.42	31.18	55.20

Avangrid Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €155 Mil.

Avangrid (STU:12A) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Avangrid (STU:12A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avangrid Inc (STU:12A) » Definitions » Other Income (Expense)

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Traded in Other Exchanges

AGR:USA 12A:Germany

Address

180 Marsh Hill Road, Orange, CT, USA, 06477

Website

https://www.avangrid.com

Avangrid operates two business units, Networks and Renewables. Networks operates eight regulated electric and natural gas utilities across New York, Maine, Connecticut, and Massachusetts, serving over 3 million customers. Renewables has historically focused on developing onshore wind projects but is looking to make developments in solar and offshore wind over the next five years. It operates more than 8.6 gigawatts of renewable energy across the U.S. Spanish utility Iberdrola spun off Avangrid's predecessor, Iberdrola USA, in 2015. Iberdrola owns 81.5% of Avangrid.

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