Valuation check: AGR's profit margin is 12.86%, above the Utilities sector average of 9.85%.
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+ FollowAs of Sep 2024
Trailing 12 months ending Sep 2024
Avangrid's profit margin stands at 12.86% as of September 2024. That compares with 6.55% in the prior-year period — up 96.4% year over year. That is above the Utilities sector average of 9.85%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Avangrid reported 12.86% in profit margin versus 6.55% a year earlier — a 96.4% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Avangrid sits higher the Utilities benchmark (9.85%) with a profit margin of 12.86%. That is roughly 30.6% above the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A profit margin of 12.86% for Avangrid means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Avangrid's profit margin evolved across reporting periods, while the comparison chart places AGR next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.