Avangrid Inc
NYSE:AGR
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
| Country | Company | Market Cap | ROE | ||
|---|---|---|---|---|---|
| US |
|
Avangrid Inc
NYSE:AGR
|
13.9B USD |
6%
|
|
| US |
|
Nextera Energy Inc
NYSE:NEE
|
145.4B USD |
11%
|
|
| ES |
|
Iberdrola SA
MAD:IBE
|
100.5B EUR |
11%
|
|
| US |
|
Southern Co
NYSE:SO
|
98.9B USD |
14%
|
|
| US |
|
Constellation Energy Corp
NASDAQ:CEG
|
95.8B USD |
25%
|
|
| IT |
|
Enel SpA
MIL:ENEL
|
82.1B EUR |
30%
|
|
| US |
|
Duke Energy Corp
NYSE:DUK
|
91.5B USD |
9%
|
|
| US |
|
American Electric Power Company Inc
NASDAQ:AEP
|
55.3B USD |
10%
|
|
| FR |
|
Electricite de France SA
PAR:EDF
|
46.6B EUR |
-44%
|
|
| US |
|
Exelon Corp
NASDAQ:EXC
|
44.2B USD |
10%
|
|
| US |
|
Xcel Energy Inc
NASDAQ:XEL
|
40.4B USD |
10%
|
Avangrid Inc
Glance View
Avangrid Inc., a prominent player in the U.S. energy sector, weaves its story around a commitment to sustainable energy. Headquartered in Orange, Connecticut, Avangrid is part of the larger Iberdrola Group, a multinational energy services giant based in Spain. This connection gives Avangrid the backing of a global leader in renewable energy, aligning its operations with innovative practices and substantial resources. Avangrid operates through two primary segments: Networks and Renewables. Its Networks segment functions as a keystone, managing electricity and gas utility operations across several states, including New York and Maine, serving millions of customers. This segment ensures steady revenue through regulated tariffs, providing an essential service that balances reliability and sustainability. The Renewables segment amplifies Avangrid's growth narrative through its focus on wind, solar, and thermal energy. Avangrid has rapidly expanded its renewable portfolio, investing in large wind farms and solar projects across the United States. This segment stands as a testament to Avangrid's strategic foresight, embracing clean, renewable sources that capitalize on the growing global demand for green energy solutions. Income streams from the Renewables segment come from power purchase agreements and government incentives geared towards green energy. Together, Avangrid's diverse dual-segment strategy not only underscores its role as a utility provider but also as a leader in promoting and making substantial investments in the clean energy transition.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Avangrid Inc's most recent financial statements, the company has ROE of 5.7%.
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