8-K Announcements
6May 5, 2026·SEC
Mar 4, 2026·SEC
Feb 25, 2026·SEC
Avista Corporation (AVA) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Avista Corporation (AVA) stock price & volume — 10-year historical chart
Avista Corporation (AVA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Avista Corporation (AVA) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $1.11vs $1.04+6.7% | $555Mvs $644M-13.8% |
| Q1 2026 | Feb 25, 2026 | $0.88vs $1.01-12.9% | $518Mvs $516M+0.4% |
| Q4 2025 | Nov 5, 2025 | $0.36vs $0.27+33.3% | $403Mvs $541M-25.5% |
| Q3 2025 | Aug 6, 2025 | $0.17vs $0.28-39.3% | $411Mvs $409M+0.6% |
Avista Corporation (AVA) competitors in Regulated electric and gas utilities — business model, growth, and fundamentals comparison
Avista Corporation (AVA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Avista Corporation (AVA) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.45B | 1.4B | 1.35B | 1.32B | 1.44B | 1.71B | 1.75B | 1.94B | 1.96B |
| Revenue Growth % | 0.24% | -3.39% | -3.67% | -1.76% | 8.85% | 18.85% | 2.42% | 10.64% | 1.34% |
| Cost of Revenue | 524.57M | 494.74M | 439.82M | 398.51M | 497.12M | 735.86M | 702.37M | 798M | 1.49B |
| Gross Profit | 921.36M▲ 0% | 902.16M▼ 2.1% | 905.8M▲ 0.4% | 923.38M▲ 1.9% | 941.81M▲ 2.0% | 974.35M▲ 3.5% | 1.05B▲ 7.7% | 1.14B▲ 8.7% | 475M▼ 58.3% |
| Gross Margin % | 63.72% | 64.58% | 67.31% | 69.85% | 65.45% | 56.97% | 59.9% | 58.82% | 24.19% |
| Gross Profit Growth % | 3.39% | -2.08% | 0.4% | 1.94% | 2% | 3.45% | 7.68% | 8.66% | -58.33% |
| Operating Expenses | 622.24M | 637.33M | 695.42M | 690.68M | 713.58M | 784.1M | 791.49M | 834M | 121M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| EBITDA | 460.16M | 448.43M | 416.38M | 456.92M | 460.41M | 443.38M | 523.1M | 580M | 643M |
| EBITDA Margin % | 31.82% | 32.1% | 30.94% | 34.57% | 32% | 25.93% | 29.86% | 29.93% | 32.74% |
| EBITDA Growth % | 1.2% | -2.55% | -7.15% | 9.74% | 0.76% | -3.7% | 17.98% | 10.88% | 10.86% |
| Depreciation & Amortization | 175.66M | 187.32M | 205.99M | 224.22M | 232.18M | 253.14M | 265.41M | 274M | 289M |
| D&A / Revenue % | 12.15% | 13.41% | 15.31% | 16.96% | 16.14% | 14.8% | 15.15% | 14.14% | 14.71% |
| Operating Income (EBIT) | 284.51M▲ 0% | 261.11M▼ 8.2% | 210.39M▼ 19.4% | 232.7M▲ 10.6% | 228.23M▼ 1.9% | 190.24M▼ 16.6% | 257.69M▲ 35.5% | 306M▲ 18.7% | 354M▲ 15.7% |
| Operating Margin % | 19.68% | 18.69% | 15.64% | 17.6% | 15.86% | 11.12% | 14.71% | 15.79% | 18.02% |
| Operating Income Growth % | -1.83% | -8.22% | -19.43% | 10.6% | -1.92% | -16.65% | 35.45% | 18.75% | 15.69% |
| Interest Expense | 92.88M | 97M | 100.18M | 100.98M | 102.17M | 114.97M | 139.67M | 145M | 148M |
| Interest Coverage | 3.22x | 2.68x | 3.28x | 2.24x | 2.22x | 1.68x | 1.98x | 2.26x | 2.47x |
| Interest / Revenue % | 6.42% | 6.94% | 7.44% | 7.64% | 7.1% | 6.72% | 7.97% | 7.48% | 7.54% |
| Non-Operating Income | -1000K | -1000K | 1000K | -1000K | -1000K | -1000K | -1000K | -1000K | -1000K |
| Pretax Income | 198.69M▲ 0% | 162.66M▼ 18.1% | 228.14M▲ 40.3% | 136.54M▼ 40.2% | 159.37M▲ 16.7% | 137.99M▼ 13.4% | 137.55M▼ 0.3% | 183M▲ 33.0% | 217M▲ 18.6% |
| Pretax Margin % | 13.74% | 11.64% | 16.95% | 10.33% | 11.08% | 8.07% | 7.85% | 9.44% | 11.05% |
| Income Tax | 82.76M | 26.06M | 31.37M | 7.05M | 12.03M | -17.19M | -33.63M | 3M | 24M |
| Effective Tax Rate % | 41.65% | 16.02% | 13.75% | 5.16% | 7.55% | -12.46% | -24.45% | 1.64% | 11.06% |
| Net Income | 115.92M▲ 0% | 136.43M▲ 17.7% | 196.98M▲ 44.4% | 129.49M▼ 34.3% | 147.33M▲ 13.8% | 155.18M▲ 5.3% | 171.18M▲ 10.3% | 180M▲ 5.2% | 193M▲ 7.2% |
| Net Margin % | 8.02% | 9.77% | 14.64% | 9.8% | 10.24% | 9.07% | 9.77% | 9.29% | 9.83% |
| Net Income Growth % | -15.53% | 17.7% | 44.38% | -34.26% | 13.78% | 5.32% | 10.31% | 5.15% | 7.22% |
| EPS (Diluted) | 1.79▲ 0% | 2.07▲ 15.6% | 2.97▲ 43.5% | 1.90▼ 36.0% | 2.10▲ 10.5% | 2.12▲ 1.0% | 2.24▲ 5.7% | 2.28▲ 1.8% | 2.38▲ 4.4% |
| EPS Growth % | -16.74% | 15.64% | 43.48% | -36.03% | 10.53% | 0.95% | 5.66% | 1.79% | 4.39% |
| EPS (Basic) | 1.80 | 2.08 | 2.98 | 1.91 | 2.11 | 2.13 | 2.24 | 2.28 | 2.38 |
| Diluted Shares Outstanding | 64.81M | 65.95M | 66.33M | 68.1M | 70.08M | 73.09M | 76.5M | 78.82M | 81.05M |
Avista Corporation (AVA) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 5.51B | 5.78B | 6.08B | 6.4B | 6.85B | 7.42B | 7.7B | 7.94B | 8.64B |
| Asset Growth % | 3.86% | 4.86% | 5.19% | 5.26% | 7.05% | 8.23% | 3.84% | 3.1% | 8.85% |
| PP&E (Net) | 4.4B | 4.68B | 4.94B | 5.13B | 5.36B | 5.58B | 5.84B | 6.12B | 6.42B |
| PP&E / Total Assets % | 79.76% | 80.94% | 81.3% | 80.14% | 78.2% | 75.21% | 75.8% | 77.06% | 74.32% |
| Total Current Assets | 337.53M | 346.92M | 305.13M | 343.98M | 434.47M | 721.8M | 662M | 656M | 729M |
| Cash & Equivalents | 16.17M | 14.66M | 9.9M | 14.2M | 22.17M | 13.43M | 35M | 30M | 19M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 58.08M | 63.88M | 66.58M | 67.45M | 84.73M | 107.67M | 160M | 193M | 236M |
| Other Current Assets | 65.84M | 85.03M | 31.29M | 24.33M | 70.53M | 284.01M | 168M | 159M | 159M |
| Long-Term Investments | 11.55M | 40.8M | 62.8M | 70.86M | 102.6M | 159.36M | 165M | 169M | 172M |
| Goodwill | 57.67M | 57.67M | 52.43M | 52.43M | 52.43M | 52.43M | 52M | 52M | 52M |
| Intangible Assets | 0 | 0 | 0 | 0 | 8.46M | 17.94M | 19M | 18M | 0 |
| Other Assets | 242.54M | 169.29M | 717.2M | 30.41M | 896.24M | 212.43M | 966M | 927M | 982M |
| Total Liabilities | 3.78B | 4.01B | 4.14B | 4.37B | 4.7B | 5.08B | 5.22B | 5.35B | 5.93B |
| Total Debt | 1.93B | 2.1B | 2.26B | 2.39B | 2.6B | 2.92B | 3.03B | 3.12B | 3.38B |
| Net Debt | 1.91B | 2.09B | 2.25B | 2.37B | 2.58B | 2.91B | 3B | 3.09B | 3.36B |
| Long-Term Debt | 1.54B | 1.79B | 1.9B | 2.06B | 1.95B | 2.33B | 2.57B | 2.67B | 2.87B |
| Short-Term Borrowings | 382.84M | 297.64M | 237.8M | 203M | 534M | 476.5M | 364M | 354M | 418M |
| Capital Lease Obligations | 0 | 51.76M | 124.24M | 123.72M | 119.18M | 114.36M | 103M | 97M | 92M |
| Total Current Liabilities | 697.5M | 639.58M | 530.71M | 505.88M | 913.11M | 964.53M | 775M | 771M | 878M |
| Accounts Payable | 107.29M | 108.37M | 110.22M | 106.61M | 133.1M | 202.95M | 143M | 125M | 163M |
| Accrued Expenses | 27.89M | 90.49M | 16.49M | 102.11M | 17.54M | 44.9M | 24M | 24M | 50M |
| Deferred Revenue | 933.19M | 36.86M | 0 | 100.66M | 884K | 8.48M | 0 | 0 | 0 |
| Other Current Liabilities | 179.48M | 143.08M | 122.31M | -13.69M | 178.5M | 224.11M | 212M | 234M | 247M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Other Liabilities | 1.08B | 1.53B | 1.04B | 1.07B | 1.05B | 975.03M | 1.03B | 1.04B | 1.04B |
| Total Equity | 1.73B▲ 0% | 1.77B▲ 2.5% | 1.94B▲ 9.3% | 2.03B▲ 4.7% | 2.15B▲ 6.2% | 2.33B▲ 8.4% | 2.48B▲ 6.4% | 2.59B▲ 4.3% | 2.71B▲ 4.6% |
| Equity Growth % | 4.97% | 2.52% | 9.31% | 4.66% | 6.16% | 8.35% | 6.44% | 4.27% | 4.55% |
| Shareholders Equity | 1.73B | 1.77B | 1.94B | 2.03B | 2.15B | 2.33B | 2.48B | 2.59B | 2.71B |
| Minority Interest | 656K | 825K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 1.13B | 1.14B | 1.21B | 1.29B | 1.38B | 1.53B | 1.64B | 1.72B | 1.8B |
| Additional Paid-in Capital | 0 | 1.14B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 596.38M | 644.6M | 738.8M | 758.04M | 785.63M | 811.54M | 841M | 871M | 905M |
| Accumulated OCI | -8.09M | -7.87M | -10.26M | -14.38M | -11.04M | -2.06M | -357K | 0 | -1M |
| Return on Assets (ROA) | 2.14% | 2.42% | 3.32% | 2.07% | 2.22% | 2.17% | 2.26% | 2.3% | 2.33% |
| Return on Equity (ROE) | 6.86% | 7.79% | 10.61% | 6.53% | 7.04% | 6.91% | 7.1% | 7.09% | 7.28% |
| Debt / Equity | 1.11x | 1.19x | 1.16x | 1.18x | 1.21x | 1.25x | 1.22x | 1.20x | 1.25x |
| Debt / Assets | 34.93% | 36.4% | 37.11% | 37.28% | 37.98% | 39.41% | 39.39% | 39.25% | 39.06% |
| Net Debt / EBITDA | 4.15x | 4.66x | 5.40x | 5.19x | 5.61x | 6.56x | 5.73x | 5.32x | 5.22x |
| Book Value per Share | 26.7 | 26.9 | 29.24 | 29.8 | 30.74 | 31.94 | 32.49 | 32.87 | 33.42 |
Avista Corporation (AVA) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 410.3M | 361.88M | 398.21M | 331M | 267.34M | 124M | 447M | 534M | 469M |
| Operating CF Growth % | 14.52% | -11.8% | 10.04% | -16.88% | -19.23% | -53.62% | 260.48% | 19.46% | -12.17% |
| Operating CF / Revenue % | 28.38% | 25.91% | 29.59% | 25.04% | 18.58% | 7.25% | 25.52% | 27.55% | 23.88% |
| Net Income | 115.93M | 136.6M | 196.76M | 129.49M | 147.33M | 155M | 171M | 180M | 193M |
| Depreciation & Amortization | 175.66M | 187.32M | 205.99M | 224.22M | 232.18M | 253M | 265M | 274M | 289M |
| Deferred Taxes | 69.66M | 8.57M | 15.1M | 44.96M | 11.22M | -18M | -37M | -5M | 2M |
| Other Non-Cash Items | 18.89M | -6.32M | -68.07M | -38.14M | -111.78M | -135M | 1M | 77M | 19M |
| Working Capital Changes | 22.81M | 30.36M | 37.08M | -35.38M | -16.32M | -140M | 39M | -1M | -43M |
| Capital Expenditures | -412.34M | -424.35M | -442.51M | -404.31M | -439.94M | -452M | -498.64M | -533M | -570M |
| CapEx / Revenue % | 28.52% | 30.38% | 32.89% | 30.59% | 30.57% | 26.43% | 28.49% | 27.5% | 0% |
| CapEx / D&A | 2.35x | 2.27x | 2.15x | 1.80x | 1.89x | 1.79x | 1.88x | 1.95x | 0.00x |
| CapEx Coverage (OCF/CapEx) | 1.00x | 0.85x | 0.90x | 0.82x | 0.61x | 0.27x | 0.90x | 1.00x | - |
| Cash from Investing | -434.1M | -440.43M | -445.51M | -410.74M | -444.92M | -460M | -510M | -539M | -564M |
| Acquisitions | -13.68M | -13.28M | -13.51M | -5.92M | -16M | -10M | -13M | -10M | 0 |
| Purchase of Investments | -13.68M | -13.28M | -13.51M | -5.92M | -16M | -10M | -13M | 0 | 0 |
| Sale of Investments | 0 | 0 | 16.41M | 6.79M | 8.31M | 1M | 3M | 0 | 0 |
| Other Investing | 5.6M | 10.48M | 7.61M | -1.37M | 18.72M | 11M | 12M | 4M | -564M |
| Cash from Financing | 31.47M | 77.03M | 42.54M | 84.04M | 185.55M | 327M | 85M | 0 | 84M |
| Dividends Paid | -92.46M | -98.05M | -102.77M | -110.25M | -118.21M | -129M | -141M | -150M | -159M |
| Dividend Payout Ratio % | 79.76% | 71.87% | 52.17% | 85.15% | 80.23% | 83.13% | 82.37% | 83.33% | 82.38% |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Stock Issued | 56.38M | 1.21M | 64.57M | 72.2M | 90M | 137M | 113M | 68M | 78M |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.16M | -7.92M | -2.4M | -5.31M | -4.3M | -7M | -6M | -4M | -4M |
| Net Change in Cash | 7.67M▲ 0% | -1.52M▼ 119.8% | -4.76M▼ 214.0% | 4.3M▲ 190.3% | 7.97M▲ 85.4% | -9M▼ 212.9% | 22M▲ 344.4% | -5M▼ 122.7% | -11M▼ 120.0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 8.51M | 16.17M | 14.66M | 9.9M | 14.2M | 22M | 13M | 35M | 30M |
| Cash at End | 16.17M | 14.66M | 9.9M | 14.2M | 22.17M | 13M | 35M | 30M | 19M |
| Free Cash Flow | -2.04M▲ 0% | -62.47M▼ 2960.5% | -44.3M▲ 29.1% | -73.3M▼ 65.5% | -172.6M▼ 135.5% | -327.79M▼ 89.9% | -51.56M▲ 84.3% | 1M▲ 101.9% | -101M▼ 10200.0% |
| FCF Growth % | 95.81% | -2960.51% | 29.08% | -65.47% | -135.46% | -89.91% | 84.27% | 101.94% | -10200% |
| FCF Margin % | -0.14% | -4.47% | -3.29% | -5.55% | -11.99% | -19.17% | -2.94% | 0.05% | -5.14% |
| FCF / Net Income % | -1.76% | -45.79% | -22.49% | -56.61% | -117.15% | -211.24% | -30.12% | 0.56% | -52.33% |
Avista Corporation (AVA) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 8.64% | 6.86% | 7.79% | 10.61% | 6.53% | 7.04% | 6.91% | 7.1% | 7.09% | 7.28% |
| EBITDA Margin | 31.52% | 31.82% | 32.1% | 30.94% | 34.57% | 32% | 25.93% | 29.86% | 29.93% | 32.74% |
| Net Debt / EBITDA | 4.06x | 4.15x | 4.66x | 5.40x | 5.19x | 5.61x | 6.56x | 5.73x | 5.32x | 5.22x |
| Interest Coverage | 3.55x | 3.22x | 2.68x | 3.28x | 2.24x | 2.22x | 1.68x | 1.98x | 2.26x | 2.47x |
| CapEx / Revenue | 28.19% | 28.52% | 30.38% | 32.89% | 30.59% | 30.57% | 26.43% | 28.49% | 27.5% | 0% |
| Dividend Payout Ratio | 63.51% | 79.76% | 71.87% | 52.17% | 85.15% | 80.23% | 83.13% | 82.37% | 83.33% | 82.38% |
| Debt / Equity | 1.12x | 1.11x | 1.19x | 1.16x | 1.18x | 1.21x | 1.25x | 1.22x | 1.20x | 1.25x |
| EPS Growth | 9.14% | -16.74% | 15.64% | 43.48% | -36.03% | 10.53% | 0.95% | 5.66% | 1.79% | 4.39% |
Avista Corporation (AVA) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 5, 2026·SEC
Mar 4, 2026·SEC
Feb 25, 2026·SEC
Avista Corporation (AVA) stock FAQ — growth, dividends, profitability & financials explained
Avista Corporation (AVA) reported $1.96B in revenue for fiscal year 2025. This represents a 108% increase from $945.0M in 1996.
Avista Corporation (AVA) grew revenue by 1.3% over the past year. Growth has been modest.
Yes, Avista Corporation (AVA) is profitable, generating $193.0M in net income for fiscal year 2025 (9.8% net margin).
Yes, Avista Corporation (AVA) pays a dividend with a yield of 4.79%. This makes it attractive for income-focused investors.
Avista Corporation (AVA) has a return on equity (ROE) of 7.3%. This is below average, suggesting room for improvement.
Avista Corporation (AVA) generated $469.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Avista Corporation (AVA) has a dividend payout ratio of 82%. The dividend is reasonably covered.
Avista Corporation (AVA) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates