agr: the income statement

MyFinsight

AGR

For the quarter ending 2024-09-30, AGR made $2,083M in revenue. $205M in net income. Net profit margin of 9.84%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

	2024-09-30	2024-06-30
Operating revenues	2,083	1,923
Taxes other than income taxes	179	164
Purchased power, natural gas and fuel used	457	429
Operations and maintenance	866	819
Depreciation and amortization	327	310
Total operating expenses	1,829	1,722
Operating income	254	201
Interest expense, net of capitalization	132	122
Earnings (losses) from equity method investments	4	5
Other income	65	57
Income before income tax	191	141
Income tax expense (benefit)	19	13
Net income	172	128
Net loss attributable to noncontrolling interests	-33	-41
Net income attributable to avangrid, inc	205	169

Basic eps	0.53	0.44
Diluted eps	0.53	0.44
Basic average shares	387,010,149	387,010,149
Diluted average shares	387,434,841	387,440,241

Unit: Million (M) dollars (except for numbers of shares and EPS)