Last 48 quarters of trend data · Utilities · Diversified Utilities
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Avista Corporation's quarterly P/E stands at 9.0x, down 16.1% year-over-year — suggesting improving earnings relative to price.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 17.22 | 8.96 | 11.07 | 26.26 | 55.81 | 10.68 | 10.90 | 42.12 | 29.84 | 9.62 | 8.27 | 42.59 | 42.68 |
| — | -16.1% | +1.6% | -37.7% | +87.1% | +11.0% | +31.8% | -1.1% | -30.1% | -33.8% | -22.4% | — | -37.2% | |
| P/S Ratio | 1.72 | 1.45 | 1.47 | 1.91 | 1.86 | 1.36 | 1.38 | 1.94 | 1.69 | 1.12 | 1.35 | 1.64 | 1.97 |
| — | +6.4% | +7.1% | -1.9% | +10.4% | +21.2% | +2.0% | +18.7% | -14.2% | -33.2% | -17.2% | -13.4% | -5.8% | |
| P/B Ratio | 1.23 | 1.19 | 1.16 | 1.16 | 1.16 | 1.27 | 1.13 | 1.21 | 1.07 | 1.09 | 1.12 | 1.03 | 1.25 |
| — | -6.2% | +2.5% | -4.0% | +7.9% | +16.8% | +0.8% | +17.4% | -13.7% | -18.9% | -21.1% | -15.1% | -11.8% | |
| P/FCF | — | 28.50 | 1.73 | 20.76 | — | 10.38 | — | — | — | 9.59 | — | — | 15.24 |
| — | +174.6% | — | — | — | +8.3% | — | — | — | — | — | — | — | |
| EV / EBITDA | 10.49 | 7.99 | 8.78 | 11.69 | 12.06 | 8.15 | 8.74 | 13.08 | 11.61 | 8.44 | 8.70 | 12.83 | 13.35 |
| — | -2.0% | +0.5% | -10.7% | +3.9% | -3.4% | +0.4% | +2.0% | -13.1% | -21.7% | -28.7% | -21.6% | -19.1% | |
| EV / EBIT | 19.05 | 11.99 | 13.89 | 22.53 | 30.51 | 12.48 | 14.36 | 28.25 | 23.80 | 12.97 | 14.15 | 29.60 | 31.62 |
| — | -4.0% | -3.3% | -20.2% | +28.2% | -3.7% | +1.5% | -4.6% | -24.7% | -29.6% | -5.9% | -49.0% | -16.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Avista Corporation's operating margin was 23.5% in Q1 2026, up 2.5 pp QoQ and up 3.2 pp YoY. This marks the 4th consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 18.3% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 49.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.2% | 29.6% | 26.6% | 71.5% | 68.4% | 58.5% | 59.0% | 63.9% | 64.2% | 51.9% | 57.5% | 60.9% | 62.8% |
| — | -49.3% | -54.8% | +11.8% | +6.5% | +12.8% | +2.6% | +4.9% | +2.2% | -12.6% | +10.1% | +3.5% | +7.5% | |
| Operating Margin | 18.0% | 23.5% | 21.0% | 14.9% | 13.9% | 20.3% | 19.1% | 12.4% | 13.7% | 16.6% | 19.2% | 10.0% | 11.5% |
| — | +16.0% | +9.9% | +20.2% | +1.4% | +22.2% | -0.3% | +23.5% | +18.7% | +2.8% | +53.8% | +85.9% | +79.8% | |
| Net Margin | 9.8% | 16.1% | 13.3% | 7.2% | 3.4% | 12.8% | 12.6% | 4.7% | 5.7% | 11.7% | 16.3% | 3.9% | 4.6% |
| — | +26.1% | +5.7% | +53.3% | -40.5% | +9.8% | -22.5% | +21.1% | +24.3% | +0.9% | +6.4% | +340.3% | +52.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.3% | 3.4% | 2.7% | 1.1% | 0.5% | 3.0% | 2.6% | 0.7% | 0.9% | 2.8% | 3.4% | 0.6% | 0.7% |
| — | +11.3% | +1.1% | +49.9% | -42.0% | +6.3% | -23.7% | +19.5% | +24.7% | +22.1% | +0.8% | +336.0% | +42.6% | |
| ROA | 2.3% | 1.1% | 0.8% | 0.4% | 0.2% | 1.0% | 0.9% | 0.2% | 0.3% | 0.9% | 1.1% | 0.2% | 0.2% |
| — | +8.6% | -1.1% | +49.5% | -41.8% | +7.4% | -23.0% | +20.6% | +26.7% | +24.9% | +3.0% | +339.2% | +44.5% | |
| ROIC | 4.5% | 1.7% | 1.4% | 0.8% | 0.7% | 1.7% | 1.4% | 0.7% | 0.7% | 1.4% | 1.4% | 0.5% | 0.6% |
| — | +1.8% | +4.3% | +17.8% | -0.6% | +19.6% | -1.5% | +22.3% | +20.8% | +26.8% | +47.3% | +81.1% | +63.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Avista Corporation's Debt/EBITDA ratio is 15.6x, down from 18.2x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.25 | 1.13 | 1.25 | 1.21 | 1.20 | 1.15 | 1.20 | 1.21 | 1.19 | 1.18 | 1.22 | 1.21 | 1.21 |
| — | -1.7% | +3.6% | -0.2% | +0.5% | -2.7% | -1.5% | +0.0% | -1.3% | -3.9% | -2.5% | -1.0% | +3.3% | |
| Debt / EBITDA | 5.25 | 15.62 | 18.25 | 23.98 | 24.56 | 15.54 | 18.10 | 26.18 | 24.48 | 17.63 | 18.24 | 27.72 | 26.36 |
| — | +0.5% | +0.8% | -8.4% | +0.3% | -11.8% | -0.8% | -5.5% | -7.1% | -14.8% | -20.3% | -15.6% | -12.2% | |
| Current Ratio | 0.83 | 0.90 | 0.83 | 0.91 | 1.00 | 0.93 | 0.85 | 0.75 | 0.88 | 0.97 | 0.85 | 0.94 | 0.97 |
| — | -3.1% | -2.4% | +21.6% | +13.2% | -4.5% | -0.4% | -20.0% | -9.4% | -10.7% | +14.1% | +38.6% | +29.2% | |
| Quick Ratio | 0.56 | 0.60 | 0.56 | 0.60 | 0.68 | 0.64 | 0.60 | 0.48 | 0.60 | 0.69 | 0.65 | 0.69 | 0.76 |
| — | -6.6% | -6.5% | +23.8% | +12.4% | -6.0% | -7.3% | -29.7% | -20.9% | -25.1% | +1.7% | +38.8% | +35.1% | |
| Interest Coverage | 2.47 | 3.53 | 3.16 | 1.82 | 1.42 | 3.46 | 2.84 | 1.50 | 1.69 | 3.01 | 2.88 | 1.32 | 1.34 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
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Avista Corporation's current P/E is 17.2x. The average P/E over the last 4 quarters is 25.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Avista Corporation's current operating margin is 18.0%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Avista Corporation's business trajectory between earnings reports.