Via Renewables, Inc. (VIASP) 10-Year Financial Performance & Capital Metrics

VIASP • • Utilities

UtilitiesElectric UtilitiesRenewable & Clean Energy FocusRenewable Energy Leaders

AboutVia Renewables, Inc., through its subsidiaries, operates as an independent retail energy services company in the United States. It operates in two segments, Retail Electricity and Retail Natural Gas. The Retail Electricity segment engages in the transmission and sale of electricity to residential and commercial customers. The Retail Natural Gas segment is involved in the transportation, distribution, and sale of natural gas to residential and commercial customers. As of March 2, 2022, the company operated in 101 utility service territories across 19 states and the District of Columbia. It has approximately 408,000 residential customer equivalents. The company was formerly known as Spark Energy, Inc. and changed its name to Via Renewables, Inc. in August 2021. Via Renewables, Inc. was founded in 1999 and is headquartered in Houston, Texas.Show more

Revenue $399M -8.3%
EBITDA $94M +68.5%
Net Income $61M +307.8%
Free Cash Flow $46M -4.4%
EBITDA Margin 23.47% +83.8%
Net Margin 15.31% +345.0%
ROE 41.98% +240.4%
Interest Coverage -
Debt/Equity 0.65 -15.6%
Net Debt/EBITDA 0.38 -61.0%
CapEx / Revenue 1.19% +259.4%
CapEx Coverage 10.68 -68.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.1%
✓Strong 5Y profit CAGR of 48.5%
✓Trading near 52-week high
✓Trading at only 0.5x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.14%

5Y-13.29%

3Y0.45%

TTM10.59%

Profit (Net Income) CAGR

10Y-

5Y48.53%

3Y153.86%

TTM23.51%

EPS CAGR

10Y-

5Y83.23%

3Y-

TTM-21.19%

ROCE

10Y Avg25.25%

5Y Avg19.47%

3Y Avg21.29%

Latest34.05%

Peer Comparison

Renewable Energy Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GNEGenie Energy Ltd.	356.12M	14.29	31.07	-0.82%	1%	2.57%	15.36%	0.06
NEENextEra Energy, Inc.	170.02B	81.64	24.23	-11.95%	24.72%	10.07%		1.35
VIASPVia Renewables, Inc.	96.66M	25.48	1.37	-8.35%	5.07%	15.46%	47.34%	0.65

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	358.15M	546.7M	798.05M	1.01B	813.73M	554.89M	393.49M	460.49M	435.19M	398.87M
Revenue Growth %	0.11%	0.53%	0.46%	0.26%	-0.19%	-0.32%	-0.29%	0.17%	-0.05%	-0.08%
Cost of Revenue	241.19M	344.94M	552.17M	845.49M	615.23M	344.59M	323.22M	357.1M	310.74M	230.79M
Gross Profit+	116.97M	201.75M	245.89M	160.44M	198.5M	210.3M	70.27M	103.4M	124.45M	168.08M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.82%	0.72%	0.22%	-0.35%	0.24%	0.06%	-0.67%	0.47%	0.2%	0.35%
Operating Expenses+	87.06M	117.75M	143.47M	164.09M	174.52M	121.5M	65.86M	78.64M	77.98M	83.9M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	55.28M	116.79M	144.76M	49M	64.98M	119.56M	25.99M	41.46M	55.57M	93.62M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	2.01%	1.11%	0.24%	-0.66%	0.33%	0.84%	-0.78%	0.6%	0.34%	0.68%
Depreciation & Amortization+	25.38M	32.79M	42.34M	52.66M	41M	30.77M	21.58M	16.7M	9.1M	9.45M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	29.91M	84M	102.42M	-3.65M	23.98M	88.8M	4.41M	24.76M	46.47M	84.18M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	8.79%	1.81%	0.22%	-1.04%	7.56%	2.7%	-0.95%	4.62%	0.88%	0.81%
Interest Expense+	2.28M	8.86M	4.87M	6.51M	8.62M	5.27M	4.93M	7.2M	9.33M	0
Interest Coverage	13.12x	9.48x	21.05x	-0.56x	2.78x	16.86x	0.90x	3.44x	4.98x	-
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	27.95M	76.1M	113.81M	-12.31M	21.47M	83.95M	-147K	17.69M	37.25M	77.33M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.97M	10.43M	37.53M	2.08M	7.26M	17.88M	5.27M	6.48M	11.14M	16.26M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	3.87M	14.44M	18.85M	-1.19M	8.45M	27.31M	3.73M	7.58M	14.97M	61.08M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	72.57%	2.74%	0.31%	-1.06%	8.12%	2.23%	-0.86%	1.03%	0.98%	3.08%
EPS (Diluted)+	0.26	0.95	1.25	-0.08	0.90	4.32	-0.25	3.55	1.36	18.59
EPS Growth %	-	2.65%	0.32%	-1.06%	12.48%	3.8%	-1.06%	15.2%	-0.62%	12.67%
EPS (Basic)	0.26	0.95	1.25	-0.08	0.91	4.36	-0.25	3.55	1.36	18.59
Diluted Shares Outstanding	15.13M	15.13M	15.13M	15.13M	15.8M	15.8M	15.8M	3.16M	3.21M	3.29M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	162.23M	376.17M	505.95M	488.74M	422.97M	366.67M	353.76M	330.95M	303.83M	345.24M
Asset Growth %	0.17%	1.32%	0.35%	-0.03%	-0.13%	-0.13%	-0.04%	-0.06%	-0.08%	0.14%
PP&E (Net)+	4.48M	4.71M	8.28M	4.37M	3.27M	3.35M	4.26M	4.69M	4.71M	5.23M
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	102.68M	197.98M	296.74M	291.98M	236.13M	204.87M	196.68M	178.93M	158.97M	188M
Cash & Equivalents	4.47M	18.96M	29.42M	41M	56.66M	71.68M	68.9M	33.66M	42.59M	70.26M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	3.67M	3.75M	4.47M	3.88M	2.95M	1.5M	1.98M	4.41M	3.12M	2.14M
Other Current Assets	24.64M	51.47M	92.67M	84.45M	54.04M	50.64M	48.64M	42.38M	38.43M	40.54M
Long-Term Investments	0	3.08M	3.31M	3.28M	0	0	0	666K	0	478K
Goodwill	18.38M	79.15M	120.15M	120.34M	120.34M	120.34M	120.34M	120.34M	120.34M	120.34M
Intangible Assets	8M	27.75M	43.4M	26.43M	17.77M	5.69M	5.66M	481K	139K	3.5M
Other Assets	5.32M	8.45M	9.89M	15.02M	15.6M	4.45M	4.42M	5.41M	4.39M	21.3M
Total Liabilities	128.91M	252.43M	303.47M	307.69M	265.67M	190.92M	217.92M	214.9M	177.05M	181.05M
Total Debt+	48.74M	78.37M	145.74M	146.44M	123M	100M	135M	120M	97M	106M
Net Debt	44.26M	59.41M	116.33M	105.43M	66.34M	28.32M	66.1M	86.34M	54.41M	35.74M
Long-Term Debt	20.93M	5M	124.8M	139.5M	123M	100M	135M	120M	97M	106M
Short-Term Borrowings	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	85.04M	184.06M	151.03M	141.95M	141.96M	90.66M	82.78M	92.17M	80M	74.7M
Accounts Payable	31.69M	56.08M	82.13M	71.25M	49.25M	28.15M	43.78M	53.56M	30M	37.33M
Accrued Expenses	12.24M	36.62M	10.2M	10.85M	37.94M	34.16M	19.59M	8.43M	15.09M	0
Deferred Revenue	13.1M	36.62M	39.62M	11.66M	0	0	0	0	0	0
Other Current Liabilities	12.44M	17.98M	37.75M	52.92M	54.76M	28.35M	19.41M	30.18M	34.91M	35.87M
Deferred Taxes	853K	938K	0	0	0	0	0	298K	0	296K
Other Liabilities	22.94M	62.44M	27.64M	26.23M	712K	257K	145K	2.73M	54K	55K
Total Equity+	33.32M	123.74M	202.48M	181.05M	157.3M	175.75M	135.84M	116.05M	126.78M	164.18M
Equity Growth %	0.38%	2.71%	0.64%	-0.11%	-0.13%	0.12%	-0.23%	-0.15%	0.09%	0.29%
Shareholders Equity	11.34M	30.3M	77.42M	136.56M	141.23M	152.14M	139M	130.28M	134.66M	149.95M
Minority Interest	21.98M	93.43M	125.06M	44.49M	16.07M	23.61M	-3.17M	-14.23M	-7.88M	14.23M
Common Stock	139K	168K	348K	351K	354K	357K	72K	72K	72K	73K
Additional Paid-in Capital	12.56M	25.27M	47.81M	46.16M	51.84M	55.22M	53.92M	42.87M	40M	39.72M
Retained Earnings	-1.37M	4.71M	11.01M	1.31M	1.07M	11.72M	173K	2.07M	8.97M	26.98M
Accumulated OCI	-28.49M	11K	-11K	2K	-40K	-40K	-40K	-40K	-40K	-40K
Return on Assets (ROA)	0.03%	0.05%	0.04%	-0%	0.02%	0.07%	0.01%	0.02%	0.05%	0.19%
Return on Equity (ROE)	0.13%	0.18%	0.12%	-0.01%	0.05%	0.16%	0.02%	0.06%	0.12%	0.42%
Debt / Equity	1.46x	0.63x	0.72x	0.81x	0.78x	0.57x	0.99x	1.03x	0.77x	0.65x
Debt / Assets	0.3%	0.21%	0.29%	0.3%	0.29%	0.27%	0.38%	0.36%	0.32%	0.31%
Net Debt / EBITDA	0.80x	0.51x	0.80x	2.15x	1.02x	0.24x	2.54x	2.08x	0.98x	0.38x
Book Value per Share	2.2	8.18	13.38	11.97	9.96	11.13	8.6	36.77	39.48	49.96

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	45.93M	67.79M	63.91M	59.76M	91.73M	91.83M	12.7M	16.21M	49.31M	50.48M
Operating CF Growth %	6.82%	0.48%	-0.06%	-0.06%	0.53%	0%	-0.86%	0.28%	2.04%	0.02%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	25.98M	65.67M	76.28M	-14.39M	14.21M	66.07M	-3.95M	11.2M	14.97M	28.25M
Depreciation & Amortization	25.38M	48.53M	42.67M	51.44M	41M	30.77M	21.58M	16.7M	9.1M	10.3M
Deferred Taxes	1.34M	3.38M	6.32M	-2.33M	-6.93M	3.76M	4.04M	1.96M	5.15M	0
Other Non-Cash Items	1.55M	-40.55M	-19.63M	37.94M	33.72M	-8.13M	-4.07M	25.84M	20.45M	18.64M
Working Capital Changes	-11.49M	-14.48M	-46.78M	-18.77M	4.24M	-3.15M	-8.35M	-42.75M	-2.67M	-9.12M
Capital Expenditures+	-41.94M	-36.34M	-97.76M	-18.98M	-7.03M	-2.15M	-6.51M	-6.87M	-1.44M	-4.73M
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-41.94M	-36.34M	-97.76M	-18.98M	1.4M	-2.15M	-6.51M	-6.87M	-1.44M	-4.73M
Acquisitions	-40.18M	-34.09M	-96.05M	-17.55M	8.43M	0	-3.8M	-4.72M	0	0
Purchase of Investments	-330K	-1.1M	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	330K	1.1M	-96.05M	-17.55M	-5.91M	0	3.8M	4.72M	0	-3.15M
Cash from Financing+	-3.87M	-16.96M	25.89M	-20.56M	-85.1M	-75.66M	-2.56M	-49.3M	-40.64M	-18.09M
Dividends Paid	-4.46M	-8.37M	-11.63M	-16.8M	-18.49M	-18.45M	-18.79M	-19.09M	-13.14M	-10.86M
Dividend Payout Ratio %	1.15%	0.58%	0.5%	-	1.23%	0.39%	2.94%	1.51%	0.19%	0.18%
Debt Issuance (Net)	1000K	1000K	1000K	828K	-1000K	-1000K	1000K	-1000K	-1000K	1000K
Stock Issued	0	13.99M	40.24M	48.49M	0	0	0	0	0	0
Share Repurchases	-432K	-1.18M	-5.1M	-2.9M	0	-395K	-1.33M	-663K	-186K	-1.01M
Other Financing	-15.46M	-19.81M	-54.18M	-1.7M	-47.34M	-31.53M	-17.44M	-14.55M	-4.31M	-15.22M
Net Change in Cash+	115K	14.49M	10.46M	20.22M	8.03M	14.02M	3.64M	-39.97M	7.24M	27.66M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	4.36M	4.47M	18.96M	29.42M	49.64M	57.67M	71.68M	75.32M	35.35M	42.59M
Cash at End	4.47M	18.96M	29.42M	49.64M	57.67M	71.68M	75.32M	35.35M	42.59M	70.26M
Free Cash Flow+	3.99M	31.45M	-33.84M	40.78M	84.7M	89.68M	6.19M	9.34M	47.88M	45.76M
FCF Growth %	0.41%	6.89%	-2.08%	2.2%	1.08%	0.06%	-0.93%	0.51%	4.13%	-0.04%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.46%	18.39%	11.56%	-0.62%	4.99%	16.4%	2.4%	6.02%	12.33%	41.98%
EBITDA Margin	15.44%	21.36%	18.14%	4.87%	7.99%	21.55%	6.6%	9%	12.77%	23.47%
Net Debt / EBITDA	0.80x	0.51x	0.80x	2.15x	1.02x	0.24x	2.54x	2.08x	0.98x	0.38x
Interest Coverage	13.12x	9.48x	21.05x	-0.56x	2.78x	16.86x	0.90x	3.44x	4.98x	-
CapEx / Revenue	11.71%	6.65%	12.25%	1.89%	0.14%	0.39%	1.65%	1.49%	0.33%	1.19%
Dividend Payout Ratio	115.29%	57.93%	50.49%	-	122.86%	38.7%	294.32%	151.24%	19.19%	17.78%
Debt / Equity	1.46x	0.63x	0.72x	0.81x	0.78x	0.57x	0.99x	1.03x	0.77x	0.65x
EPS Growth	-	265.38%	31.58%	-106.27%	1247.96%	380%	-105.79%	1520%	-61.69%	1266.91%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Retail	-	-	-	-	-	-	-	-	439.36M	399.42M
Retail Growth	-	-	-	-	-	-	-	-	-	-9.09%
Product and Service, Other	-	-	-	-	-	-	-	-	3.16M	1.78M
Product and Service, Other Growth	-	-	-	-	-	-	-	-	-	-43.76%
Retail Electricity	229.49M	417.23M	657.56M	4.33B	3.45B	2.32B	1.61B	1.76B	-	-
Retail Electricity Growth	-	81.81%	57.60%	558.14%	-20.20%	-32.94%	-30.35%	9.35%	-	-
Retail Natural Gas	-	-	140.49M	695.21M	613.93M	474.13M	375.67M	550.33M	-	-
Retail Natural Gas Growth	-	-	-	394.83%	-11.69%	-22.77%	-20.77%	46.49%	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Mid-Atlantic	-	-	-	345.86M	285.02M	198.93M	135.38M	164.62M	151.46M	159.17M
Mid-Atlantic Growth	-	-	-	-	-17.59%	-30.21%	-31.95%	21.60%	-7.99%	5.09%
New England	-	-	-	416.9M	304.2M	181.83M	110.22M	121.62M	124.07M	99.91M
New England Growth	-	-	-	-	-27.03%	-40.23%	-39.38%	10.34%	2.01%	-19.47%
Southwest	-	-	-	125.59M	103.34M	91.11M	89.55M	114.48M	113.9M	93.8M
Southwest Growth	-	-	-	-	-17.72%	-11.84%	-1.71%	27.84%	-0.51%	-17.65%
Midwest	-	-	-	113.06M	118.39M	83.68M	62.58M	62.09M	49.93M	46.54M
Midwest Growth	-	-	-	-	4.71%	-29.32%	-25.22%	-0.77%	-19.59%	-6.79%

Frequently Asked Questions

Valuation & Price

Via Renewables, Inc. (VIASP) has a price-to-earnings (P/E) ratio of 1.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Via Renewables, Inc. (VIASP) reported $438.2M in revenue for fiscal year 2024. This represents a 16% increase from $379.1M in 2012.

Via Renewables, Inc. (VIASP) saw revenue decline by 8.3% over the past year.

Yes, Via Renewables, Inc. (VIASP) is profitable, generating $22.2M in net income for fiscal year 2024 (15.3% net margin).

Dividend & Returns

Yes, Via Renewables, Inc. (VIASP) pays a dividend with a yield of 12.97%. This makes it attractive for income-focused investors.

Via Renewables, Inc. (VIASP) has a return on equity (ROE) of 42.0%. This is excellent, indicating efficient use of shareholder capital.

Via Renewables, Inc. (VIASP) generated $30.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Via Renewables, Inc. (VIASP) has a dividend payout ratio of 18%. This suggests the dividend is well-covered and sustainable.

US Stock Screener

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Via Renewables, Inc. (VIASP) 10-Year Financial Performance & Capital Metrics

VIASP • • Utilities

UtilitiesElectric UtilitiesRenewable & Clean Energy FocusRenewable Energy Leaders

Revenue $399M -8.3%
EBITDA $94M +68.5%
Net Income $61M +307.8%
Free Cash Flow $46M -4.4%
EBITDA Margin 23.47% +83.8%
Net Margin 15.31% +345.0%
ROE 41.98% +240.4%
Interest Coverage -
Debt/Equity 0.65 -15.6%
Net Debt/EBITDA 0.38 -61.0%
CapEx / Revenue 1.19% +259.4%
CapEx Coverage 10.68 -68.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.1%
✓Strong 5Y profit CAGR of 48.5%
✓Trading near 52-week high
✓Trading at only 0.5x book value

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y2.14%

5Y-13.29%

3Y0.45%

TTM10.59%

Profit (Net Income) CAGR

10Y-

5Y48.53%

3Y153.86%

TTM23.51%

EPS CAGR

10Y-

5Y83.23%

3Y-

TTM-21.19%

ROCE

10Y Avg25.25%

5Y Avg19.47%

3Y Avg21.29%

Latest34.05%

Peer Comparison

Renewable Energy Leaders

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GNEGenie Energy Ltd.	356.12M	14.29	31.07	-0.82%	1%	2.57%	15.36%	0.06
NEENextEra Energy, Inc.	170.02B	81.64	24.23	-11.95%	24.72%	10.07%		1.35
VIASPVia Renewables, Inc.	96.66M	25.48	1.37	-8.35%	5.07%	15.46%	47.34%	0.65

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Revenue+	358.15M	546.7M	798.05M	1.01B	813.73M	554.89M	393.49M	460.49M	435.19M	398.87M
Revenue Growth %	0.11%	0.53%	0.46%	0.26%	-0.19%	-0.32%	-0.29%	0.17%	-0.05%	-0.08%
Cost of Revenue	241.19M	344.94M	552.17M	845.49M	615.23M	344.59M	323.22M	357.1M	310.74M	230.79M
Gross Profit+	116.97M	201.75M	245.89M	160.44M	198.5M	210.3M	70.27M	103.4M	124.45M	168.08M
Gross Margin %	-	-	-	-	-	-	-	-	-	-
Gross Profit Growth %	0.82%	0.72%	0.22%	-0.35%	0.24%	0.06%	-0.67%	0.47%	0.2%	0.35%
Operating Expenses+	87.06M	117.75M	143.47M	164.09M	174.52M	121.5M	65.86M	78.64M	77.98M	83.9M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA+	55.28M	116.79M	144.76M	49M	64.98M	119.56M	25.99M	41.46M	55.57M	93.62M
EBITDA Margin %	-	-	-	-	-	-	-	-	-	-
EBITDA Growth %	2.01%	1.11%	0.24%	-0.66%	0.33%	0.84%	-0.78%	0.6%	0.34%	0.68%
Depreciation & Amortization+	25.38M	32.79M	42.34M	52.66M	41M	30.77M	21.58M	16.7M	9.1M	9.45M
D&A / Revenue %	-	-	-	-	-	-	-	-	-	-
Operating Income (EBIT)+	29.91M	84M	102.42M	-3.65M	23.98M	88.8M	4.41M	24.76M	46.47M	84.18M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	8.79%	1.81%	0.22%	-1.04%	7.56%	2.7%	-0.95%	4.62%	0.88%	0.81%
Interest Expense+	2.28M	8.86M	4.87M	6.51M	8.62M	5.27M	4.93M	7.2M	9.33M	0
Interest Coverage	13.12x	9.48x	21.05x	-0.56x	2.78x	16.86x	0.90x	3.44x	4.98x	-
Interest / Revenue %	-	-	-	-	-	-	-	-	-	-
Non-Operating Income	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K
Pretax Income+	27.95M	76.1M	113.81M	-12.31M	21.47M	83.95M	-147K	17.69M	37.25M	77.33M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	1.97M	10.43M	37.53M	2.08M	7.26M	17.88M	5.27M	6.48M	11.14M	16.26M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	3.87M	14.44M	18.85M	-1.19M	8.45M	27.31M	3.73M	7.58M	14.97M	61.08M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	72.57%	2.74%	0.31%	-1.06%	8.12%	2.23%	-0.86%	1.03%	0.98%	3.08%
EPS (Diluted)+	0.26	0.95	1.25	-0.08	0.90	4.32	-0.25	3.55	1.36	18.59
EPS Growth %	-	2.65%	0.32%	-1.06%	12.48%	3.8%	-1.06%	15.2%	-0.62%	12.67%
EPS (Basic)	0.26	0.95	1.25	-0.08	0.91	4.36	-0.25	3.55	1.36	18.59
Diluted Shares Outstanding	15.13M	15.13M	15.13M	15.13M	15.8M	15.8M	15.8M	3.16M	3.21M	3.29M

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Assets+	162.23M	376.17M	505.95M	488.74M	422.97M	366.67M	353.76M	330.95M	303.83M	345.24M
Asset Growth %	0.17%	1.32%	0.35%	-0.03%	-0.13%	-0.13%	-0.04%	-0.06%	-0.08%	0.14%
PP&E (Net)+	4.48M	4.71M	8.28M	4.37M	3.27M	3.35M	4.26M	4.69M	4.71M	5.23M
PP&E / Total Assets %	-	-	-	-	-	-	-	-	-	-
Total Current Assets+	102.68M	197.98M	296.74M	291.98M	236.13M	204.87M	196.68M	178.93M	158.97M	188M
Cash & Equivalents	4.47M	18.96M	29.42M	41M	56.66M	71.68M	68.9M	33.66M	42.59M	70.26M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	3.67M	3.75M	4.47M	3.88M	2.95M	1.5M	1.98M	4.41M	3.12M	2.14M
Other Current Assets	24.64M	51.47M	92.67M	84.45M	54.04M	50.64M	48.64M	42.38M	38.43M	40.54M
Long-Term Investments	0	3.08M	3.31M	3.28M	0	0	0	666K	0	478K
Goodwill	18.38M	79.15M	120.15M	120.34M	120.34M	120.34M	120.34M	120.34M	120.34M	120.34M
Intangible Assets	8M	27.75M	43.4M	26.43M	17.77M	5.69M	5.66M	481K	139K	3.5M
Other Assets	5.32M	8.45M	9.89M	15.02M	15.6M	4.45M	4.42M	5.41M	4.39M	21.3M
Total Liabilities	128.91M	252.43M	303.47M	307.69M	265.67M	190.92M	217.92M	214.9M	177.05M	181.05M
Total Debt+	48.74M	78.37M	145.74M	146.44M	123M	100M	135M	120M	97M	106M
Net Debt	44.26M	59.41M	116.33M	105.43M	66.34M	28.32M	66.1M	86.34M	54.41M	35.74M
Long-Term Debt	20.93M	5M	124.8M	139.5M	123M	100M	135M	120M	97M	106M
Short-Term Borrowings	1000K	1000K	1000K	1000K	0	0	0	0	0	0
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Total Current Liabilities+	85.04M	184.06M	151.03M	141.95M	141.96M	90.66M	82.78M	92.17M	80M	74.7M
Accounts Payable	31.69M	56.08M	82.13M	71.25M	49.25M	28.15M	43.78M	53.56M	30M	37.33M
Accrued Expenses	12.24M	36.62M	10.2M	10.85M	37.94M	34.16M	19.59M	8.43M	15.09M	0
Deferred Revenue	13.1M	36.62M	39.62M	11.66M	0	0	0	0	0	0
Other Current Liabilities	12.44M	17.98M	37.75M	52.92M	54.76M	28.35M	19.41M	30.18M	34.91M	35.87M
Deferred Taxes	853K	938K	0	0	0	0	0	298K	0	296K
Other Liabilities	22.94M	62.44M	27.64M	26.23M	712K	257K	145K	2.73M	54K	55K
Total Equity+	33.32M	123.74M	202.48M	181.05M	157.3M	175.75M	135.84M	116.05M	126.78M	164.18M
Equity Growth %	0.38%	2.71%	0.64%	-0.11%	-0.13%	0.12%	-0.23%	-0.15%	0.09%	0.29%
Shareholders Equity	11.34M	30.3M	77.42M	136.56M	141.23M	152.14M	139M	130.28M	134.66M	149.95M
Minority Interest	21.98M	93.43M	125.06M	44.49M	16.07M	23.61M	-3.17M	-14.23M	-7.88M	14.23M
Common Stock	139K	168K	348K	351K	354K	357K	72K	72K	72K	73K
Additional Paid-in Capital	12.56M	25.27M	47.81M	46.16M	51.84M	55.22M	53.92M	42.87M	40M	39.72M
Retained Earnings	-1.37M	4.71M	11.01M	1.31M	1.07M	11.72M	173K	2.07M	8.97M	26.98M
Accumulated OCI	-28.49M	11K	-11K	2K	-40K	-40K	-40K	-40K	-40K	-40K
Return on Assets (ROA)	0.03%	0.05%	0.04%	-0%	0.02%	0.07%	0.01%	0.02%	0.05%	0.19%
Return on Equity (ROE)	0.13%	0.18%	0.12%	-0.01%	0.05%	0.16%	0.02%	0.06%	0.12%	0.42%
Debt / Equity	1.46x	0.63x	0.72x	0.81x	0.78x	0.57x	0.99x	1.03x	0.77x	0.65x
Debt / Assets	0.3%	0.21%	0.29%	0.3%	0.29%	0.27%	0.38%	0.36%	0.32%	0.31%
Net Debt / EBITDA	0.80x	0.51x	0.80x	2.15x	1.02x	0.24x	2.54x	2.08x	0.98x	0.38x
Book Value per Share	2.2	8.18	13.38	11.97	9.96	11.13	8.6	36.77	39.48	49.96

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	45.93M	67.79M	63.91M	59.76M	91.73M	91.83M	12.7M	16.21M	49.31M	50.48M
Operating CF Growth %	6.82%	0.48%	-0.06%	-0.06%	0.53%	0%	-0.86%	0.28%	2.04%	0.02%
Operating CF / Revenue %	-	-	-	-	-	-	-	-	-	-
Net Income	25.98M	65.67M	76.28M	-14.39M	14.21M	66.07M	-3.95M	11.2M	14.97M	28.25M
Depreciation & Amortization	25.38M	48.53M	42.67M	51.44M	41M	30.77M	21.58M	16.7M	9.1M	10.3M
Deferred Taxes	1.34M	3.38M	6.32M	-2.33M	-6.93M	3.76M	4.04M	1.96M	5.15M	0
Other Non-Cash Items	1.55M	-40.55M	-19.63M	37.94M	33.72M	-8.13M	-4.07M	25.84M	20.45M	18.64M
Working Capital Changes	-11.49M	-14.48M	-46.78M	-18.77M	4.24M	-3.15M	-8.35M	-42.75M	-2.67M	-9.12M
Capital Expenditures+	-41.94M	-36.34M	-97.76M	-18.98M	-7.03M	-2.15M	-6.51M	-6.87M	-1.44M	-4.73M
CapEx / Revenue %	-	-	-	-	-	-	-	-	-	-
CapEx / D&A	-	-	-	-	-	-	-	-	-	-
CapEx Coverage (OCF/CapEx)	-	-	-	-	-	-	-	-	-	-
Cash from Investing+	-41.94M	-36.34M	-97.76M	-18.98M	1.4M	-2.15M	-6.51M	-6.87M	-1.44M	-4.73M
Acquisitions	-40.18M	-34.09M	-96.05M	-17.55M	8.43M	0	-3.8M	-4.72M	0	0
Purchase of Investments	-330K	-1.1M	0	0	0	0	0	0	0	0
Sale of Investments	0	0	0	0	0	0	0	0	0	0
Other Investing	330K	1.1M	-96.05M	-17.55M	-5.91M	0	3.8M	4.72M	0	-3.15M
Cash from Financing+	-3.87M	-16.96M	25.89M	-20.56M	-85.1M	-75.66M	-2.56M	-49.3M	-40.64M	-18.09M
Dividends Paid	-4.46M	-8.37M	-11.63M	-16.8M	-18.49M	-18.45M	-18.79M	-19.09M	-13.14M	-10.86M
Dividend Payout Ratio %	1.15%	0.58%	0.5%	-	1.23%	0.39%	2.94%	1.51%	0.19%	0.18%
Debt Issuance (Net)	1000K	1000K	1000K	828K	-1000K	-1000K	1000K	-1000K	-1000K	1000K
Stock Issued	0	13.99M	40.24M	48.49M	0	0	0	0	0	0
Share Repurchases	-432K	-1.18M	-5.1M	-2.9M	0	-395K	-1.33M	-663K	-186K	-1.01M
Other Financing	-15.46M	-19.81M	-54.18M	-1.7M	-47.34M	-31.53M	-17.44M	-14.55M	-4.31M	-15.22M
Net Change in Cash+	115K	14.49M	10.46M	20.22M	8.03M	14.02M	3.64M	-39.97M	7.24M	27.66M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	4.36M	4.47M	18.96M	29.42M	49.64M	57.67M	71.68M	75.32M	35.35M	42.59M
Cash at End	4.47M	18.96M	29.42M	49.64M	57.67M	71.68M	75.32M	35.35M	42.59M	70.26M
Free Cash Flow+	3.99M	31.45M	-33.84M	40.78M	84.7M	89.68M	6.19M	9.34M	47.88M	45.76M
FCF Growth %	0.41%	6.89%	-2.08%	2.2%	1.08%	0.06%	-0.93%	0.51%	4.13%	-0.04%
FCF Margin %	-	-	-	-	-	-	-	-	-	-
FCF / Net Income %	-	-	-	-	-	-	-	-	-	-

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	13.46%	18.39%	11.56%	-0.62%	4.99%	16.4%	2.4%	6.02%	12.33%	41.98%
EBITDA Margin	15.44%	21.36%	18.14%	4.87%	7.99%	21.55%	6.6%	9%	12.77%	23.47%
Net Debt / EBITDA	0.80x	0.51x	0.80x	2.15x	1.02x	0.24x	2.54x	2.08x	0.98x	0.38x
Interest Coverage	13.12x	9.48x	21.05x	-0.56x	2.78x	16.86x	0.90x	3.44x	4.98x	-
CapEx / Revenue	11.71%	6.65%	12.25%	1.89%	0.14%	0.39%	1.65%	1.49%	0.33%	1.19%
Dividend Payout Ratio	115.29%	57.93%	50.49%	-	122.86%	38.7%	294.32%	151.24%	19.19%	17.78%
Debt / Equity	1.46x	0.63x	0.72x	0.81x	0.78x	0.57x	0.99x	1.03x	0.77x	0.65x
EPS Growth	-	265.38%	31.58%	-106.27%	1247.96%	380%	-105.79%	1520%	-61.69%	1266.91%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Retail	-	-	-	-	-	-	-	-	439.36M	399.42M
Retail Growth	-	-	-	-	-	-	-	-	-	-9.09%
Product and Service, Other	-	-	-	-	-	-	-	-	3.16M	1.78M
Product and Service, Other Growth	-	-	-	-	-	-	-	-	-	-43.76%
Retail Electricity	229.49M	417.23M	657.56M	4.33B	3.45B	2.32B	1.61B	1.76B	-	-
Retail Electricity Growth	-	81.81%	57.60%	558.14%	-20.20%	-32.94%	-30.35%	9.35%	-	-
Retail Natural Gas	-	-	140.49M	695.21M	613.93M	474.13M	375.67M	550.33M	-	-
Retail Natural Gas Growth	-	-	-	394.83%	-11.69%	-22.77%	-20.77%	46.49%	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Mid-Atlantic	-	-	-	345.86M	285.02M	198.93M	135.38M	164.62M	151.46M	159.17M
Mid-Atlantic Growth	-	-	-	-	-17.59%	-30.21%	-31.95%	21.60%	-7.99%	5.09%
New England	-	-	-	416.9M	304.2M	181.83M	110.22M	121.62M	124.07M	99.91M
New England Growth	-	-	-	-	-27.03%	-40.23%	-39.38%	10.34%	2.01%	-19.47%
Southwest	-	-	-	125.59M	103.34M	91.11M	89.55M	114.48M	113.9M	93.8M
Southwest Growth	-	-	-	-	-17.72%	-11.84%	-1.71%	27.84%	-0.51%	-17.65%
Midwest	-	-	-	113.06M	118.39M	83.68M	62.58M	62.09M	49.93M	46.54M
Midwest Growth	-	-	-	-	4.71%	-29.32%	-25.22%	-0.77%	-19.59%	-6.79%

Frequently Asked Questions

Valuation & Price

Via Renewables, Inc. (VIASP) has a price-to-earnings (P/E) ratio of 1.4x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Via Renewables, Inc. (VIASP) reported $438.2M in revenue for fiscal year 2024. This represents a 16% increase from $379.1M in 2012.

Via Renewables, Inc. (VIASP) saw revenue decline by 8.3% over the past year.

Yes, Via Renewables, Inc. (VIASP) is profitable, generating $22.2M in net income for fiscal year 2024 (15.3% net margin).

Dividend & Returns

Yes, Via Renewables, Inc. (VIASP) pays a dividend with a yield of 12.97%. This makes it attractive for income-focused investors.

Via Renewables, Inc. (VIASP) has a return on equity (ROE) of 42.0%. This is excellent, indicating efficient use of shareholder capital.

Via Renewables, Inc. (VIASP) generated $30.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Industry Metrics

Via Renewables, Inc. (VIASP) has a dividend payout ratio of 18%. This suggests the dividend is well-covered and sustainable.