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AVANGRID's revenue is $8.3 billion.

What is AVANGRID's revenue?

AVANGRID's annual revenue is $8.3B. Zippia's data science team found the following key financial metrics about AVANGRID after extensive research and analysis.
  • AVANGRID's revenue growth from 2019 to 2023 is 31.14%.
  • AVANGRID has 7,000 employees, and the revenue per employee ratio is $1,187,000.
  • AVANGRID's peak quarterly revenue was $2.5B in 2023(q1).
  • AVANGRID peak revenue was $8.3B in 2023.
  • AVANGRID annual revenue for 2022 was 7.9B, 13.61% growth from 2021.
  • AVANGRID annual revenue for 2023 was 8.3B, 4.87% growth from 2022.

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Most recent quarter revenue
$2.1B (Q3'2024)
Company most recent quarter revenue
Peak revenue
$8.3B (2023)
Company peak revenue
Revenue / employee
$1.2M
Company revenue / employee

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Most recent quarter revenue
$2.1B (Q3'2024)
Company most recent quarter revenue
Peak revenue
$8.3B (2023)
Company peak revenue
Revenue / employee
$1.2M
Company revenue / employee

AVANGRID historical revenue

AVANGRID's peak revenue was $8.3B in 2023. The peak quarterly revenue was $2.5B in 2023(q1).

AVANGRID's revenue increased from $6.3b in 2019 to $8.3B currently. That's a 31.14% change in annual revenue.

AVANGRID annual revenue

$8B
$7B
$5B
$3B
$2B
$0
2019
2020
2021
2022
2023

AVANGRID annual revenue over time

Fiscal year / yearAVANGRID revenue
2019$6.3B
2020$6.3B
2021$7.0B
2022$7.9B
2023$8.3B

How accurately did AVANGRID's revenue projections match actual performance?

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AVANGRID annual growth

AVANGRID saw the greatest revenue growth in 2022, when revenue increased by 13.61%.

AVANGRID had the lowest revenue growth in 2020, when revenue changed by -0.25%.

AVANGRID annual growth rate over time

YearAVANGRID growth
2020
-0%
2021
10%
2022
14%
2023
5%

AVANGRID quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$2B
$2B
$1B
$986M
$493M
$0
2020
2021
2022
2023
2024

AVANGRID quarterly growth rate over time

YearQ1Q2Q3Q4
2019$1.8B$1.4B$1.5B$1.6B
2020$1.8B$1.4B$1.5B$1.7B
2021$2.0B$1.5B$1.6B$1.9B
2022$2.1B$1.8B$1.8B$2.2B
2023$2.5B$1.6B$2.0B$2.3B
2024$2.4B$1.9B$2.1B-

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AVANGRID financial information

CEODennis Victor Arriola
IndustryUtilities
Company TypePublic
Employees Number7,000
Date Founded1852
HeadquartersOrange, Connecticut
Number of Locations8
Revenue$8.3B
Net Income$881,000,000
EBITDA$2.3B (2023)
PE Ratio19.81
Tax Rate-0.0%
Market Capitalization$15.6B
Total Assets$41,123,000,000
TickerAGR

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Zippia gives an in-depth look into the details of AVANGRID, including salaries, political affiliations, employee data, and more, in order to inform job seekers about AVANGRID. The employee data is based on information from people who have self-reported their past or current employments at AVANGRID. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by AVANGRID. The data presented on this page does not represent the view of AVANGRID and its employees or that of Zippia.

AVANGRID may also be known as or be related to Avangrid, Inc., Avangrid Inc, Avangrid Inc., AVANGRID and Avangrid, Inc. (formerly Iberdrola Usa).