Avangrid (AGR) Revenue & Revenue Breakdown
Avangrid Revenue Highlights
Latest Revenue (Y)
$8.31B
Latest Revenue (Q)
$1.92B
Main Segment (Y)
Electricity, US Regulated
Avangrid Revenue by Period
Avangrid Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $8.31B | 4.87% |
| 2022-12-31 | $7.92B | 13.61% |
| 2021-12-31 | $6.97B | 10.35% |
| 2020-12-31 | $6.32B | -0.28% |
| 2019-12-31 | $6.34B | -2.16% |
| 2018-12-31 | $6.48B | 8.64% |
| 2017-12-31 | $5.96B | -0.91% |
| 2016-12-31 | $6.02B | 37.81% |
| 2015-12-31 | $4.37B | 167.60% |
| 2014-12-31 | $1.63B | 0.82% |
| 2013-12-31 | $1.62B | 8.89% |
| 2012-12-31 | $1.49B | -5.35% |
| 2011-12-31 | $1.57B | 57.41% |
| 2010-12-31 | $997.67M | 11.28% |
| 2009-12-31 | $896.55M | -5.50% |
| 2008-12-31 | $948.72M | -3.39% |
| 2007-12-31 | $982.00M | 16.08% |
| 2006-12-31 | $845.95M | -30.27% |
| 2005-12-31 | $1.21B | 10.15% |
| 2004-12-31 | $1.10B | 14.28% |
| 2003-12-31 | $963.68M | -14.80% |
| 2002-12-31 | $1.13B | 4.16% |
| 2001-12-31 | $1.09B | 54.09% |
| 2000-12-31 | $704.69M | 3.63% |
| 1999-12-31 | $680.00M | -0.90% |
| 1998-12-31 | $686.20M | -3.39% |
| 1997-12-31 | $710.30M | -2.16% |
| 1996-12-31 | $726.00M | 5.16% |
| 1995-12-31 | $690.40M | 5.13% |
| 1994-12-31 | $656.70M | 0.57% |
| 1993-12-31 | $653.00M | - |
Avangrid generated $8.31B in revenue during NA 2023, up 4.87% compared to the previous quarter, and up 128.26% compared to the same period a year ago.
Avangrid Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.92B | -21.12% |
| 2024-03-31 | $2.44B | 6.84% |
| 2023-12-31 | $2.28B | 15.60% |
| 2023-09-30 | $1.97B | 24.39% |
| 2023-06-30 | $1.59B | -35.64% |
| 2023-03-31 | $2.47B | 14.27% |
| 2022-12-31 | $2.16B | 17.41% |
| 2022-09-30 | $1.84B | 2.45% |
| 2022-06-30 | $1.79B | -15.89% |
| 2022-03-31 | $2.13B | 10.35% |
| 2021-12-31 | $1.93B | 20.96% |
| 2021-09-30 | $1.60B | 8.19% |
| 2021-06-30 | $1.48B | -24.87% |
| 2021-03-31 | $1.97B | 17.80% |
| 2020-12-31 | $1.67B | 13.54% |
| 2020-09-30 | $1.47B | 5.60% |
| 2020-06-30 | $1.39B | -22.19% |
| 2020-03-31 | $1.79B | 11.19% |
| 2019-12-31 | $1.61B | 8.20% |
| 2019-09-30 | $1.49B | 6.21% |
| 2019-06-30 | $1.40B | -24.00% |
| 2019-03-31 | $1.84B | 10.63% |
| 2018-12-31 | $1.67B | 7.70% |
| 2018-09-30 | $1.55B | 10.27% |
| 2018-06-30 | $1.40B | -24.83% |
| 2018-03-31 | $1.86B | 21.66% |
| 2017-12-31 | $1.53B | 14.32% |
| 2017-09-30 | $1.34B | 0.75% |
| 2017-06-30 | $1.33B | -24.29% |
| 2017-03-31 | $1.76B | 17.91% |
| 2016-12-31 | $1.49B | 5.15% |
| 2016-09-30 | $1.42B | -1.46% |
| 2016-06-30 | $1.44B | -13.83% |
| 2016-03-31 | $1.67B | -46.82% |
| 2015-12-31 | $3.14B | 850.13% |
| 2015-09-30 | $330.52M | 5.93% |
| 2015-06-30 | $312.01M | -46.58% |
| 2015-03-31 | $584.05M | 34.90% |
| 2014-12-31 | $432.96M | 47.76% |
| 2014-09-30 | $293.03M | -12.48% |
| 2014-06-30 | $334.79M | -41.38% |
| 2014-03-31 | $571.16M | 31.26% |
| 2013-12-31 | $435.13M | 37.49% |
| 2013-09-30 | $316.48M | -0.81% |
| 2013-06-30 | $319.07M | -41.78% |
| 2013-03-31 | $548.04M | 30.22% |
| 2012-12-31 | $420.85M | 29.97% |
| 2012-09-30 | $323.81M | 14.22% |
| 2012-06-30 | $283.51M | -38.14% |
| 2012-03-31 | $458.34M | 22.58% |
| 2011-12-31 | $373.92M | 16.33% |
| 2011-09-30 | $321.43M | 2.35% |
| 2011-06-30 | $314.05M | -44.03% |
| 2011-03-31 | $561.05M | 67.98% |
| 2010-12-31 | $333.99M | 41.36% |
| 2010-09-30 | $236.28M | 14.08% |
| 2010-06-30 | $207.12M | -5.98% |
| 2010-03-31 | $220.28M | 7.21% |
| 2009-12-31 | $205.46M | -19.49% |
| 2009-09-30 | $255.21M | 27.37% |
| 2009-06-30 | $200.37M | -14.92% |
| 2009-03-31 | $235.51M | 7.42% |
| 2008-12-31 | $219.25M | -21.34% |
| 2008-09-30 | $278.72M | 28.96% |
| 2008-06-30 | $216.13M | -7.88% |
| 2008-03-31 | $234.62M | 5.30% |
| 2007-12-31 | $222.82M | - |
Avangrid generated $1.92B in revenue during Q2 2024, up -21.12% compared to the previous quarter, and up 77.98% compared to the same period a year ago.
Avangrid Revenue Breakdown
Avangrid Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Electricity, US Regulated | $4.96B | $3.48B | - | - | - |
| Thermal Energy | $180.00M | $29.00M | - | - | - |
| Wind Energy | $817.00M | $805.00M | - | - | - |
| Natural Gas, US Regulated | $1.62B | $1.48B | - | - | - |
| Other Services | $22.00M | $141.00M | - | - | - |
| Solar Energy | $46.00M | $26.00M | - | - | - |
| Networks Segment | - | $6.78B | $5.75B | $5.19B | - |
| Renewables Segment | - | - | $1.22B | $1.13B | - |
Avangrid's latest annual revenue breakdown by segment (product or service), as of Dec 23: Electricity, US Regulated (64.91%), Natural Gas, US Regulated (21.15%), Wind Energy (10.69%), Thermal Energy (2.35%), Solar Energy (0.60%), and Other Services (0.29%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural Gas, US Regulated | $298.00M | $1.43B | $185.00M | $426.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Electricity, US Regulated | $1.20B | $3.62B | $1.34B | $848.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Wind Energy | $258.00M | $611.00M | $206.00M | $184.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Thermal Energy | $16.00M | $111.00M | $69.00M | $8.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Solar Energy | $17.00M | $27.00M | $19.00M | $4.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Services | $17.00M | $1.00M | $2.00M | $4.00M | $34.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Renewables Segment | - | - | - | $315.00M | $2.47B | $293.00M | $330.00M | $198.00M | $243.00M | $258.00M | $393.00M | $276.00M | $272.00M | $328.00M | $347.00M | $307.00M | - | - | - | - |
| Networks Segment | - | - | - | $1.27B | $2.08B | $1.55B | $1.46B | $1.94B | $1.36B | $1.22B | $1.57B | $1.20B | $1.12B | $1.46B | $1.14B | $1.09B | - | - | - | - |
| Corporate Reconciling Items And Eliminations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.00M | $1.00M |
Avangrid's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Electricity, US Regulated (66.46%), Natural Gas, US Regulated (16.49%), Wind Energy (14.28%), Solar Energy (0.94%), Other Services (0.94%), and Thermal Energy (0.89%).
Avangrid Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| KEP | Korea Electric Power | $88.21T | $23.29T |
| ENIC | Enel Chile | $4.26T | $1.05T |
| CEPU | Central Puerto | $860.96B | $128.71B |
| DTE | DTE Energy Company | $12.74B | $2.88B |
| ETR | Entergy | $12.15B | $2.95B |
| CNP | CenterPoint Energy | $8.70B | $1.91B |
| AGR | Avangrid | $8.31B | $1.92B |
| AEE | Ameren | $7.50B | $1.69B |
| CMS | CMS Energy | $7.46B | $1.61B |
| EVRG | Evergy | $5.49B | $1.33B |
| PNW | Pinnacle West Capital | $4.70B | $1.31B |
| LNT | Alliant Energy | $4.03B | $799.00M |
| POR | Portland General Electric Company | $2.92B | $758.00M |
| IDA | IDACORP | $1.77B | $451.04M |
AGR Revenue FAQ
What is Avangrid’s yearly revenue?
Avangrid's yearly revenue for 2023 was $8.31B, representing an increase of 4.87% compared to 2022. The company's yearly revenue for 2022 was $7.92B, representing an increase of 13.61% compared to 2021. AGR's yearly revenue for 2021 was $6.97B, representing an increase of 10.35% compared to 2020.
What is Avangrid’s quarterly revenue?
Avangrid's quarterly revenue for Q2 2024 was $1.92B, a -21.12% decrease from the previous quarter (Q1 2024), and a 21.17% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $2.44B, a 6.84% increase from the previous quarter (Q4 2023), and a -1.14% decrease year-over-year (Q1 2023). AGR's quarterly revenue for Q4 2023 was $2.28B, a 15.60% increase from the previous quarter (Q3 2023), and a 5.75% increase year-over-year (Q4 2022).
What is Avangrid’s revenue growth rate?
Avangrid's revenue growth rate for the last 3 years (2021-2023) was 19.14%, and for the last 5 years (2019-2023) was 31.10%.
What are Avangrid’s revenue streams?
Avangrid's revenue streams in c 23 are Electricity, US Regulated, Thermal Energy, Wind Energy, Natural Gas, US Regulated, Other Services, and Solar Energy. Electricity, US Regulated generated $4.96B in revenue, accounting 64.91% of the company's total revenue, up 42.38% year-over-year. Thermal Energy generated $180M in revenue, accounting 2.35% of the company's total revenue, up 520.69% year-over-year. Wind Energy generated $817M in revenue, accounting 10.69% of the company's total revenue, up 1.49% year-over-year. Natural Gas, US Regulated generated $1.62B in revenue, accounting 21.15% of the company's total revenue, up 9.33% year-over-year. Other Services generated $22M in revenue, accounting 0.29% of the company's total revenue, down -84.40% year-over-year. Solar Energy generated $46M in revenue, accounting 0.60% of the company's total revenue, up 76.92% year-over-year.
What is Avangrid’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Avangrid was Electricity, US Regulated. This segment made a revenue of $4.96B, representing 64.91% of the company's total revenue.