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Avangrid (Avangrid) 10-Year RORE % : -47.40% (As of Mar. 2024)


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What is Avangrid 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Avangrid's 10-Year RORE % for the quarter that ended in Mar. 2024 was -47.40%.

The industry rank for Avangrid's 10-Year RORE % or its related term are showing as below:

AGR's 10-Year RORE % is ranked worse than
86.63% of 404 companies
in the Utilities - Regulated industry
Industry Median: 5.355 vs AGR: -47.40

Avangrid 10-Year RORE % Historical Data

The historical data trend for Avangrid's 10-Year RORE % 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 10-Year RORE % Chart

Avangrid Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 -0.57 0.47 33.08 -53.18

Avangrid Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
10-Year RORE % 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 30.59 31.93 30.37 -53.18 -47.40

Competitive Comparison of Avangrid's 10-Year RORE %

For the Utilities - Regulated Electric subindustry, Avangrid's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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 10-Year RORE % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Avangrid's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Avangrid's 10-Year RORE % falls into.



Avangrid 10-Year RORE % Calculation

Avangrid's 10-Year RORE % for the quarter that ended in Mar. 2024 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 2.31-6.932 )/( 24.192-14.44 )
=-4.622/9.752
=-47.40 %

* 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.

In the calculation of 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2024 and 10-year before.


Avangrid  (NYSE:AGR) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Avangrid 10-Year RORE % Related Terms

Thank you for viewing the detailed overview of Avangrid's 10-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Avangrid (Avangrid) Business Description

Traded in Other Exchanges
Address
180 Marsh Hill Road, Orange, CT, USA, 06477
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