EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Avangrid's Enterprise Value is $26,426 Mil.
Avangrid's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,240 Mil. Therefore, Avangrid's EV-to-EBIT for today is 21.31.
The historical rank and industry rank for Avangrid's EV-to-EBIT or its related term are showing as below:
AGR'
s EV-to-EBIT Range Over the Past 10 Years
Min: 8.21 Med: 23.48 Max: 65.67
Current: 24.83
During the past 13 years, the highest EV-to-EBIT of Avangrid was 65.67. The lowest was 8.21. And the median was 23.48.
AGR's EV-to-EBIT is ranked worse than 85.62% of 466
companies
in the Utilities - Regulated industry
Industry Median: 12.88
vs AGR: 24.83
The historical data trend for Avangrid's EV-to-EBIT 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.
For the Utilities - Regulated Electric subindustry, Avangrid's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Avangrid's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Avangrid's EV-to-EBIT falls into.
Avangrid's current Enterprise Value is $26,426 Mil.
Avangrid's EBIT 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 $1,240 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) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Avangrid's Enterprise Value for the quarter that ended in Mar. 2024 was $0 Mil.
Avangrid's EBIT 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 $1,240 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 EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Avangrid's EV-to-EBIT 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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