Avangrid Gross Margin 2014-2024 | AGR
- Avangrid average gross margin for 2023 was 68.46%, a 3.04% increase from 2022.
- Avangrid average gross margin for 2022 was 70.61%, a 9.05% decline from 2021.
- Avangrid average gross margin for 2021 was 77.64%, a 0.06% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.