Avista Corporation logo

Avista Corporation

AVA

NYSEUtilitiesDiversified Utilities

Previous close

$37.57

−$0.66 · -1.73%

Aug 21, 4:00 PM ET

AVA company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

82

Deep Value

Momentum

45

Neutral

Sentiment

63

Bullish

Risk resilience

81

Low Risk

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Company profile

Company website

Avista Corporation operates as an energy utility, conducting business through its various subsidiaries. Its operations are divided into two primary segments: Avista Utilities and AEL&P. The Avista Utilities division is responsible for electric distribution and transmission, as well as natural gas distribution services, across parts of eastern Washington and northern Idaho. It also delivers natural gas services to areas of northeastern and southwestern Oregon. Additionally, this segment generates electricity in Washington, Idaho, Oregon, and Montana, and engages in the wholesale buying and selling of electricity and natural gas. The AEL&P segment, conversely, supplies electrical services to approximately 17,400 customers located in the city and borough of Juneau, Alaska. The company generates its electricity from hydroelectric, thermal, and wind power sources. As of February 23, 2022, Avista was serving 406,000 electric customers and 372,000 natural gas customers. Beyond its core utility business, the company also makes investments in venture funds, real estate, and other diverse ventures. Avista Corporation was established in 1889 and is headquartered in Spokane, Washington.

Industry
Diversified Utilities
Sector
Utilities
Headquarters
US
CEO
Heather Lynn Rosentrater
Listed since
May 22, 1981
Employees
1,929

Market position

Day range

Current $37.57

52-week range

Current $37.57

Open
$38.39
Previous close
$38.23
Volume
946.09K
1.38× average
Average volume
685.65K
Average daily volume
Market cap
3.15B USD
Beta
0.24
Market reference 1
50-day average
$40.4932
-7.22% below average
200-day average
$40.4754
-7.18% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.48B USD
P/E (TTM)
13.51×
P/B (TTM)
1.11×
P/S (TTM)
1.64×
EV / EBITDA
9.9×
Earnings yield
6.18%
Free cash flow yield
-3.24%
Dividend yield
5.24%

Profitability & efficiency

Gross margin
44.19%
Operating margin
18.76%
Net margin
11.83%
Return on equity
7.12%
Return on assets
2.23%
Return on invested capital
3.85%

Financial health

Debt / equity
1.17×
Current ratio
0.83×
Altman Z-score
0.87
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends71%49%26%3%Gross margin, FY2021: 65.45%Gross margin, FY2022: 56.97%Gross margin, FY2023: 59.90%Gross margin, FY2024: 58.82%Gross margin, FY2025: 24.19%Operating margin, FY2021: 15.86%Operating margin, FY2022: 11.12%Operating margin, FY2023: 14.71%Operating margin, FY2024: 15.79%Operating margin, FY2025: 18.02%Net margin, FY2021: 10.24%Net margin, FY2022: 9.07%Net margin, FY2023: 9.77%Net margin, FY2024: 9.29%Net margin, FY2025: 9.83%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 65.45%. Gross margin FY2022 56.97%. Gross margin FY2023 59.90%. Gross margin FY2024 58.82%. Gross margin FY2025 24.19%. Operating margin FY2021 15.86%. Operating margin FY2022 11.12%. Operating margin FY2023 14.71%. Operating margin FY2024 15.79%. Operating margin FY2025 18.02%. Net margin FY2021 10.24%. Net margin FY2022 9.07%. Net margin FY2023 9.77%. Net margin FY2024 9.29%. Net margin FY2025 9.83%.

Income trends

Revenue

1.96B USD+1.34%

Operating income

354M USD+15.69%

Net income

193M USD+7.22%
Income trends across reported periods2.15B USD1.42B USD692.33M USD−34.33M USDRevenue, FY2021: 1.44B USDRevenue, FY2022: 1.71B USDRevenue, FY2023: 1.75B USDRevenue, FY2024: 1.94B USDRevenue, FY2025: 1.96B USDOperating income, FY2021: 228.23M USDOperating income, FY2022: 190.24M USDOperating income, FY2023: 257.69M USDOperating income, FY2024: 306M USDOperating income, FY2025: 354M USDNet income, FY2021: 147.33M USDNet income, FY2022: 155.18M USDNet income, FY2023: 171.18M USDNet income, FY2024: 180M USDNet income, FY2025: 193M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.44B USD. Revenue FY2022 1.71B USD. Revenue FY2023 1.75B USD. Revenue FY2024 1.94B USD. Revenue FY2025 1.96B USD. Operating income FY2021 228.23M USD. Operating income FY2022 190.24M USD. Operating income FY2023 257.69M USD. Operating income FY2024 306M USD. Operating income FY2025 354M USD. Net income FY2021 147.33M USD. Net income FY2022 155.18M USD. Net income FY2023 171.18M USD. Net income FY2024 180M USD. Net income FY2025 193M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.96B USD1.94B USD1.75B USD1.71B USD1.44B USD
Cost of goods sold1.49B USD798M USD702.37M USD735.86M USD497.12M USD
Gross profit475M USD1.14B USD1.05B USD974.35M USD941.81M USD
Selling, general, and administrative40.38M USD12.23M USD12.25M USD
Operating expenses121M USD834M USD791.49M USD784.1M USD713.58M USD
Interest income12M USD14M USD14.66M USD3.87M USD3.15M USD
Interest expense148M USD145M USD139.67M USD114.97M USD102.17M USD
Depreciation and amortization289M USD274M USD265.41M USD253.14M USD232.18M USD
Operating income354M USD306M USD257.69M USD190.24M USD228.23M USD
Net income193M USD180M USD171.18M USD155.18M USD147.33M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$38.00

1.14% upside
Past 12 months12-month forecastHigh $39.00Average $38.00Low $37.00

Rating distribution

15 ratings
Strong buy00%
Buy00%
Hold1173%
Sell427%
Strong sell00%

Recent analyst actions

6 institutions
Wells FargomaintainEqual Weight
GuggenheimupgradeSellNeutral
KeybancupgradeUnderweightSector Weight

AVA news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.96

2025 complete year+15.9% since 2021

2026 partial: $1.4775

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 18, 2026

$0.4925

Quarterly

Record Aug 18, 2026 · Payment Sep 14, 2026

Dividend

Ex-dividend May 19, 2026

$0.4925

Quarterly

Record May 19, 2026 · Payment Jun 12, 2026

Dividend

Ex-dividend Feb 25, 2026

$0.4925

Quarterly

Record Feb 25, 2026 · Payment Mar 13, 2026

Dividend

Ex-dividend Nov 24, 2025

$0.49

Quarterly

Record Nov 24, 2025 · Payment Dec 15, 2025

Dividend

Ex-dividend Aug 19, 2025

$0.49

Quarterly

Record Aug 19, 2025 · Payment Sep 15, 2025

Dividend

Ex-dividend May 13, 2025

$0.49

Quarterly

Record May 13, 2025 · Payment Jun 13, 2025

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