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Avangrid Inc
NYSE:AGR

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

ROIC
Return on Invested Capital

2.3%
Current
2%
Average
4.6%
Industry
Positive for the last year
2.3%
Positive average
2%
Better than average
Worse than industry value

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
2.3%
=
NOPAT
942.7m
/
Invested Capital
40.9B

ROIC Across Competitors

ROIC Comparison
Avangrid Inc Competitors

Country US
Market Cap 14.2B USD
ROIC
2%
Country US
Market Cap 136.9B USD
ROIC
5%
Country US
Market Cap 81.8B USD
ROIC
4%
Country ES
Market Cap 72.1B EUR
ROIC
5%
Country US
Market Cap 76.5B USD
ROIC
4%
Country IT
Market Cap 61.6B EUR
ROIC
6%
Country US
Market Cap 59.8B USD
ROIC
2%
Country FR
Market Cap 46.6B EUR
ROIC
-5%
Country DK
Market Cap 45.1B EUR
ROIC
6%
Country US
Market Cap 45.4B USD
ROIC
4%
Country US
Market Cap 44.4B USD
ROIC
9%

Profitability Report

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

See Also

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What is Return on Invested Capital?

ROIC, or Return on Invested Capital, tells you how good a company is at turning its invested money into profits. In simple terms, ROIC shows how many dollars of profit the company makes for each dollar it has invested. A higher ROIC usually means the company is using its money wisely to grow and make more profits, which is a good sign for investors.

ROIC
2.3%
=
NOPAT
942.7m
/
Invested Capital
40.9B
What is the ROIC of Avangrid Inc?

Based on Avangrid Inc's most recent financial statements, the company has ROIC of 2.3%.