Avista Corporation
NYSE•AVA
CEO: Ms. Heather Lynn Rosentrater
Sector: Utilities
Industry: Diversified Utilities
Listing Date: 1981-05-22
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the supply of electricity to customers in Montana; and wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2023, it supplied retail electric services to approximately 416,000 customers; and retail natural gas services to approximately 381,000 customers. The company also operates five hydroelectric generation facilities with capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. It also engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.
Contact Information
1411 East Mission Avenue, Spokane, WA, 99202-2600, United States
509-489-0500
Market Cap
$3.20B
P/E (TTM)
16.4
27.5
Dividend Yield
5.0%
52W High
$43.50
52W Low
$35.50
52W Range
Rank41Top 44.9%
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$533.00M+0.00%
4-Quarter Trend
EPS
$0.87+0.00%
4-Quarter Trend
FCF
$454.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Rises Net income reached $193M in 2025, increasing $13M from 2024, driven by utility rate case effects.
Utility Margin Expansion Electric utility margin grew $112M; Natural Gas utility margin increased $22M, reflecting rate case benefits.
Strong Utility Earnings Avista Utilities segment income was $201M in 2025, up $22M from prior year, showing regulated strength.
Risk Factors
Regulatory Cost Recovery Risk Regulators may disallow timely recovery of operating costs or capital investments, impacting financial condition.
Wildfire Liability Exposure Equipment-ignited wildfires could cause significant property damage, liability, and reputational harm to the utility.
Energy Commodity Volatility Volatility in energy markets exposes cash flows to significant collateral demands under derivative hedging agreements.
Outlook
Future Capacity Acquisition Plan to acquire 490 MW of new generating capacity by 2030 to meet projected load growth needs.
Utility Capital Investment Expected utility capital expenditures for 2026 are $570M, focusing on transmission and generation enhancements.
Clean Energy Transition Aspirational goal to serve customers with 100% clean electricity by 2045, requiring new resource acquisition.
Peer Comparison
Revenue (TTM)
$3.09B
$1.96B
$1.61B
Gross Margin (Latest Quarter)
199.4%
72.2%
56.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| NWE | $4.11B | 22.7 | 6.3% | 38.9% |
| EE | $4.06B | 14.6 | 12.2% | 34.6% |
| ALE | $3.94B | 23.8 | 5.8% | 31.3% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-4.8%
Flat Growth
4Q Net Income CAGR
-3.5%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data