First Time Loading...

Avangrid Inc
NYSE:AGR

Watchlist Manager
Avangrid Inc Logo
Avangrid Inc
NYSE:AGR
Watchlist
Price: 36.64 USD -1.03%
Updated: Apr 25, 2024

ROA
Return on Assets

1.9%
Current
2%
Average
2.7%
Industry
Positive for the last year
1.9%
Positive average
2%
Worse than average
Worse than industry value

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
1.9%
=
Net Income
786m
/
Total Assets
42.7B

ROA Across Competitors

ROA Comparison
Avangrid Inc Competitors

Country US
Market Cap 14.2B USD
ROA
2%
Country US
Market Cap 136.9B USD
ROA
4%
Country US
Market Cap 81.8B USD
ROA
3%
Country ES
Market Cap 72.1B EUR
ROA
3%
Country US
Market Cap 76.5B USD
ROA
2%
Country IT
Market Cap 61.6B EUR
ROA
2%
Country US
Market Cap 59.8B USD
ROA
3%
Country FR
Market Cap 46.6B EUR
ROA
-5%
Country DK
Market Cap 45.1B EUR
ROA
-7%
Country US
Market Cap 45.4B USD
ROA
2%
Country US
Market Cap 44.4B USD
ROA
2%

Profitability Report

View the profitability report to see the full profitability analysis for Avangrid Inc.

See Also

Discover More
What is Return on Assets?

ROA, or Return on Assets, is an indicator of how well a company utilizes its assets in terms of profitability. This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. A higher ROA indicates more efficient use of assets to produce earnings, making it a valuable gauge for investors assessing a company's operational efficiency and profitability potential.

ROA
1.9%
=
Net Income
786m
/
Total Assets
42.7B
What is the ROA of Avangrid Inc?

Based on Avangrid Inc's most recent financial statements, the company has ROA of 1.9%.