Pretax income is the income that a company earns before paying income taxes. Avangrid's pretax income for the
three
months ended in Mar. 2024 was $342 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $801 Mil.
Avangrid's pretax margin was 14.15%.
During the past 13 years, Avangrid's highest Pretax Margin was 16.77%. The lowest was 2.06%. And the median was 10.07%.
Avangrid Pre-Tax Income Historical Data
The historical data trend for Avangrid's Pre-Tax Income 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.
Competitive Comparison of Avangrid's Pre-Tax Income
For the Utilities - Regulated Electric subindustry, Avangrid's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Avangrid's Pre-Tax Income Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Avangrid's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Avangrid's Pre-Tax Income falls into.
Avangrid Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
Avangrid's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as
Pre-Tax Income 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 $801 Mil.
* 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.
Avangrid (NYSE:AGR) Pre-Tax Income Explanation
Avangrid's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as
During the past 13 years, Avangrid's highest Pretax Margin was 16.77%. The lowest was 2.06%. And the median was 10.07%.
* 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.
Avangrid Pre-Tax Income Related Terms
Thank you for viewing the detailed overview of Avangrid's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.
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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