AVISTA CORP AVA

Utilities SIC 4931 - Electric & Other Services Combined NAICS Utilities › Electric Power Generation, Transmission and Distribution derived NYSE

Avista Corp., incorporated in the territory of Washington in 1889, is primarily an electric and natural gas utility with certain other business ventures. Our corporate headquarters is in Spokane, Washington, the second-largest city in Washington. Spokane serves as the business, transportation, medical, industrial and cultural hub of the Inland Northwest region (eastern Washington and northern Idaho). Regional services include government and higher education, medical services, retail trade and finance. Through our subsidiary AEL&P, we also provide electric utility services in Juneau, Alaska.

•Avista Utilities – an operating division of Avista Corp., comprising the regulated utility operations in Washington, Idaho, Oregon and Montana. Avista Utilities provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho. Avista Utilities also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. Avista Utilities also supplies electricity to a small number of customers in Montana. Avista Utilities also engages in wholesale purchases and sales of electricity and natural gas as an integral part of energy resource management and its load-serving obligation.

Last close 37.55 2026-09-04
Market cap $3.14B 2026-06-30 share count
52-week range 35.50 - 43.50

Valuation FY2025 figures against the last close

P/S1.6x
P/E15.8x
P/FCF—
EV/EBITDA5.5x
Dividend yield5.1%
Diluted EPS2.38

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.96B$1.94B$1.75B$1.71B$1.44B$1.32B$1.35B$1.40B$1.45B$1.44B
Total operating expenses $1.61B$1.63B$1.49B$1.52B$1.21B$1.09B$1.14B$1.14B$1.15B$1.14B
Operating income $354.0M$306.0M$258.0M$190.0M$228.2M$232.7M$210.4M$261.1M$292.2M$299.9M
Interest expense ——————$103.0M$99.7M$95.4M$86.5M
Pre-tax income $217.0M$183.0M$137.0M$138.0M$159.4M$136.5M$228.1M$162.7M$198.7M$215.4M
Income tax $24.0M$3.0M$34.0M$17.0M$12.0M$7.1M$31.4M$26.1M$82.8M$78.1M
Net income $193.0M$180.0M$171.0M$155.0M$147.3M$129.5M$197.0M$136.4M$115.9M$137.2M
EPS, basic 2.382.292.242.132.111.912.982.081.802.16
EPS, diluted 2.382.292.242.122.101.902.972.071.792.15
Shares, diluted (wtd. avg.) 81.1M78.8M76.5M73.1M70.1M68.1M66.3M65.9M64.8M63.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $19.0M$30.0M$35.0M$13.4M$22.2M$14.2M$9.9M$14.7M$16.2M$8.5M
Inventory $236.0M$193.0M$160.0M$107.7M$84.7M$67.5M$66.6M$63.9M$58.1M$53.3M
Total current assets $729.0M$656.0M$662.0M$721.8M$434.5M$344.0M$305.1M$346.9M$337.5M$351.3M
Goodwill $52.0M$52.0M$52.0M$52.4M$52.4M$52.4M$52.4M$57.7M$57.7M$57.7M
Total assets $8.36B$7.94B$7.70B$7.42B$6.85B$6.40B$6.08B$5.78B$5.51B$5.31B
Accounts payable $163.0M$125.0M$143.0M$203.0M$133.1M$106.6M$110.2M$108.4M$107.3M$115.5M
Short-term debt $388.0M$354.0M$15.0M$13.5M$250.0M$0$52.0M$190.0M$105.4M$120.0M
Total current liabilities $878.0M$771.0M$775.0M$964.5M$913.1M$505.9M$530.7M$639.6M$697.5M$407.5M
Long-term debt ———$2.28B$1.90B$2.01B$1.84B———
Total liabilities $5.65B$5.35B$5.22B$5.08B$4.70B$4.37B$4.14B$4.01B$3.78B$3.66B
Retained earnings $905.0M$871.0M$841.0M$811.5M$785.6M$758.0M$738.8M$644.6M$604.5M$581.0M
Total equity $2.71B$2.59B$2.48B$2.33B$2.15B$2.03B$1.94B$1.77B$1.73B$1.65B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $469.0M$534.0M$447.0M$124.0M$267.3M$331.0M$398.2M$361.9M$410.3M$358.3M
Depreciation and amortisation $289.0M$274.0M$265.0M$253.0M$232.2M$224.2M$206.0M$187.3M$175.7M$164.9M
Stock-based compensation $9.0M$9.0M$8.0M$9.0M$4.7M$5.8M$11.4M$5.4M$7.4M$7.9M
Capital expenditure $570.0M$533.0M$499.0M$452.0M$439.9M$404.3M$442.5M$424.4M$412.3M$406.6M
Investing cash flow -$564.0M-$539.0M-$510.0M-$460.0M-$444.9M-$410.7M-$445.5M-$440.4M-$434.1M-$432.5M
Financing cash flow $84.0M$0$85.0M$327.0M$185.5M$84.0M$42.5M$77.0M$31.5M$72.2M
Dividends paid $159.0M$150.0M$141.0M$129.0M$118.2M$110.3M$102.8M$98.0M$92.5M$87.2M
Buybacks ————————$0$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-067872.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Total current assets
  • Total liabilities
  • Total current liabilities
  • R&D
Total current assets, Total liabilities, Total current liabilities, R&D by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B Total current assets, FY2016: 351.3M Total liabilities, FY2016: 3.7B Total current liabilities, FY2016: 407.5M Total current assets, FY2017: 337.5M Total liabilities, FY2017: 3.8B Total current liabilities, FY2017: 697.5M Total current assets, FY2018: 346.9M Total liabilities, FY2018: 4B Total current liabilities, FY2018: 639.6M Total current assets, FY2019: 305.1M Total liabilities, FY2019: 4.1B Total current liabilities, FY2019: 530.7M Total current assets, FY2020: 344M Total liabilities, FY2020: 4.4B Total current liabilities, FY2020: 505.9M Total current assets, FY2021: 434.5M Total liabilities, FY2021: 4.7B Total current liabilities, FY2021: 913.1M Total current assets, FY2022: 721.8M Total liabilities, FY2022: 5.1B Total current liabilities, FY2022: 964.5M Total current assets, FY2023: 662M Total liabilities, FY2023: 5.2B Total current liabilities, FY2023: 775M Total current assets, FY2024: 656M Total liabilities, FY2024: 5.3B Total current liabilities, FY2024: 771M Total current assets, FY2025: 729M Total liabilities, FY2025: 5.7B Total current liabilities, FY2025: 878M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Total current assets $351.3M $337.5M $346.9M $305.1M $344.0M $434.5M $721.8M $662.0M $656.0M $729.0M
Total liabilities $3.66B $3.78B $4.01B $4.14B $4.37B $4.70B $5.08B $5.22B $5.35B $5.65B
Total current liabilities $407.5M $697.5M $639.6M $530.7M $505.9M $913.1M $964.5M $775.0M $771.0M $878.0M
R&D — — — — — — — — — —

Recent filings and events

  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Other event Item 8.01
  • Other event Item 8.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Regulation FD disclosure Item 7.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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