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Avangrid (Avangrid) COGS-to-Revenue : 0.63 (As of Mar. 2024)


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What is Avangrid COGS-to-Revenue?

Avangrid's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,516 Mil. Its Revenue for the three months ended in Mar. 2024 was $2,417 Mil.

Avangrid's COGS to Revenue for the three months ended in Mar. 2024 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Avangrid's Gross Margin % for the three months ended in Mar. 2024 was 37.28%.

Avangrid COGS-to-Revenue Historical Data

The historical data trend for Avangrid's COGS-to-Revenue 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.

* Premium members only.

Avangrid COGS-to-Revenue Chart

Avangrid Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.61 0.63 0.67 0.67

Avangrid Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.64 0.71 0.60 0.63

Avangrid COGS-to-Revenue Calculation

Avangrid's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=5538 / 8309
=0.67

Avangrid's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1516 / 2417
=0.63

* 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) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Avangrid's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 1516 / 2417
=37.28 %

* 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.

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Avangrid COGS-to-Revenue Related Terms

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Avangrid (Avangrid) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avangrid Inc (NYSE:AGR) » Definitions » COGS-to-Revenue
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LNT EVRG CMS CNP AEE PNW PPL ES OGE FE NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG
Traded in Other Exchanges
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.
Executives
Alan D Solomont director C/O IBERDROLA USA, INC., DURHAM HALL, 52 FARM VIEW DRIVE, NEW GLOUCESTER ME 04260
Justin Lagasse officer: Interim Controller C/O AVANGRID, INC., 162 CANCO ROAD, PORTLAND ME 04103
Martin Agustin Delgado director 162 CANCO ROAD, PORTLAND ME 04103
Banez Garcia Maria Fatima director 162 CANCO ROAD, PORTLAND ME 04103
Camille Joseph Varlack director 162 CANCO ROAD, PORTLAND ME 04103
Patricia C Cosgel officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
William Henry White officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Miranda Soto Jose Antonio officer: See Below 162 CANCO RD, PORTLAND ME 04103
Joseph A Purington officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
S.a. Iberdrola, 10 percent owner CARDENAL GARDOQUI, 8, BILBAO U3 48008
Catherine S Stempien officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Dennis V Arriola director, officer: Chief Executive Officer 162 CANCO ROAD, PORTLAND ME 04103
Franklyn Reynolds officer: See Below 162 CANCO ROAD, PORTLAND ME 04103
Marra Rodriguez Jose Angel director 162 CANCO ROAD, PORTLAND ME 04103
David T Flanagan director, officer: See Below C/O ENERGY EAST CORPORATON, PO BOX 1290 STE 1955 1 COMMERCE PLAZA, ALBANY NY 12212-2904