Avangrid (STU:12A) Other Operating Expense : €1,730 Mil (TTM As of Mar. 2024)

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What is Avangrid Other Operating Expense?

Avangrid's Other Operating Expense for the three months ended in Mar. 2024 was €454 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was €1,730 Mil.

Avangrid's quarterly Other Operating Expense declined from Sep. 2023 (€449 Mil) to Dec. 2023 (€419 Mil) but then increased from Dec. 2023 (€419 Mil) to Mar. 2024 (€454 Mil).

Avangrid's annual Other Operating Expense increased from Dec. 2021 (€1,464 Mil) to Dec. 2022 (€1,645 Mil) and increased from Dec. 2022 (€1,645 Mil) to Dec. 2023 (€1,688 Mil).

Avangrid Other Operating Expense Historical Data

The historical data trend for Avangrid's Other Operating Expense 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 Other Operating Expense Chart

Avangrid Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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1,371.60

1,320.13

1,463.79

1,645.39

1,688.20

Avangrid Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															432.44	407.97	448.82	419.07	454.48

Avangrid Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense 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 €1,730 Mil.

Avangrid Other Operating Expense Related Terms

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Avangrid (STU:12A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avangrid Inc (STU:12A) » Definitions » Other Operating Expense

Comparable Companies

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

AGR:USA 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.

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