(AVA) Avista - Overview
Sector: Utilities | Industry: Utilities - Diversified | Exchange: NYSE (USA) | Market Cap: 3.382m USD | Total Return: 12.2% in 12m
Avg Turnover: 21.3M
EPS Trend: 54.4%
Qual. Beats: 0
Rev. Trend: 84.1%
Qual. Beats: -1
Warnings
Choppy
Tailwinds
Confidence
Avista Corporation (AVA) is a regulated utility provider headquartered in Spokane, Washington, operating primarily through its Avista Utilities and Alaska Electric Light and Power Company (AEL&P) segments. The company manages a multi-state infrastructure network providing electric and natural gas distribution and transmission services across Washington, Idaho, Oregon, and Montana, while also serving the Juneau, Alaska market. Its power generation portfolio is diversified across hydroelectric, thermal, wind, solar, and diesel facilities.
As a multi-utility, Avista operates under a capital-intensive business model where rates are typically set by state commissions, allowing for the recovery of infrastructure investments plus a regulated rate of return. This sector often exhibits lower price volatility compared to the broader market due to the essential nature of energy services and geographic monopolies granted to utility providers. The company’s historical roots date back to 1889, reflecting a long-standing integration into the Pacific Northwest’s energy grid.
A closer look at ValueRay can provide further clarity on the companys valuation and long-term performance trends.
- Regulatory rate case outcomes in Washington and Idaho determine utility return on equity
- Hydroelectric generation levels impact seasonal power purchasing costs and wholesale energy margins
- Decarbonization mandates drive capital expenditure requirements for renewable energy transition and grid infrastructure
- Regional population growth in eastern Washington and northern Idaho increases retail customer demand
| Net Income: 206.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 4.83 > 1.0 |
| NWC/Revenue: -4.43% < 20% (prev -2.78%; Δ -1.66% < -1%) |
| CFO/TA 0.06 > 3% & CFO 464.0m > Net Income 206.0m |
| Net Debt (3.36b) to EBITDA (665.0m): 5.05 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (82.4m) vs 12m ago 2.55% < -2% |
| Gross Margin: 56.08% > 18% (prev 0.61%; Δ 5.55k% > 0.5%) |
| Asset Turnover: 23.42% > 50% (prev 24.42%; Δ -1.01% > 0%) |
| Interest Coverage Ratio: 2.55 > 6 (EBITDA TTM 665.0m / Interest Expense TTM 149.0m) |
| A: -0.01 (Total Current Assets 735.0m - Total Current Liabilities 820.0m) / Total Assets 8.41b |
| B: 0.11 (Retained Earnings 956.0m / Total Assets 8.41b) |
| C: 0.05 (EBIT TTM 380.0m / Avg Total Assets 8.19b) |
| D: 0.49 (Book Value of Equity 2.78b / Total Liabilities 5.63b) |
| Altman-Z'' = 1.13 = BB |
| DSRI: 0.90 (Receivables 227.0m/257.0m, Revenue 1.92b/1.95b) |
| GMI: 1.09 (GM 56.08% / 60.91%) |
| AQI: 0.97 (AQ_t 0.14 / AQ_t-1 0.14) |
| SGI: 0.99 (Revenue 1.92b / 1.95b) |
| TATA: -0.03 (NI 206.0m - CFO 464.0m) / TA 8.41b) |
| Beneish M = -3.09 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 41.47 with a total of 370,575 shares traded.
Over the past week, the price has changed by +3.87%,
over one month by +2.07%,
over three months by -0.44% and
over the past year by +12.19%.
Avista has received a consensus analysts rating of 3.20. Therefore, it is recommended to hold AVA.
- StrongBuy: 1
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 41.8 | 0.9% |
P/E Trailing = 16.3028
P/E Forward = 15.528
P/S = 1.764
P/B = 1.2152
P/EG = 2.5868
Revenue TTM = 1.92b USD
EBIT TTM = 380.0m USD
EBITDA TTM = 665.0m USD
Long Term Debt = 2.81b USD (from longTermDebt, last quarter)
Short Term Debt = 385.0m USD (from shortTermDebt, last quarter)
Debt = 3.38b USD (from shortLongTermDebtTotal, last quarter) + Leases 92.0m
Net Debt = 3.36b USD (calculated: Debt 3.38b - CCE 18.0m)
Enterprise Value = 6.74b USD (3.38b + Debt 3.38b - CCE 18.0m)
Interest Coverage Ratio = 2.55 (Ebit TTM 380.0m / Interest Expense TTM 149.0m)
EV/FCF = 16.16x (Enterprise Value 6.74b / FCF TTM 417.0m)
FCF Yield = 6.19% (FCF TTM 417.0m / Enterprise Value 6.74b)
FCF Margin = 21.75% (FCF TTM 417.0m / Revenue TTM 1.92b)
Net Margin = 10.75% (Net Income TTM 206.0m / Revenue TTM 1.92b)
Gross Margin = 56.08% ((Revenue TTM 1.92b - Cost of Revenue TTM 842.0m) / Revenue TTM)
Gross Margin QoQ = 63.86% (prev 26.64%)
Tobins Q-Ratio = 0.80 (Enterprise Value 6.74b / Total Assets 8.41b)
Interest Expense / Debt = 4.41% (Interest Expense 149.0m / Debt 3.38b)
Taxrate = 12.38% (13.0m / 105.0m)
NOPAT = 333.0m (EBIT 380.0m * (1 - 12.38%))
Current Ratio = 0.90 (Total Current Assets 735.0m / Total Current Liabilities 820.0m)
Debt / Equity = 1.22 (Debt 3.38b / totalStockholderEquity, last quarter 2.78b)
Debt / EBITDA = 5.05 (Net Debt 3.36b / EBITDA 665.0m)
Debt / FCF = 8.05 (Net Debt 3.36b / FCF TTM 417.0m)
Total Stockholder Equity = 2.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.52% (Net Income 206.0m / Total Assets 8.41b)
RoE = 7.65% (Net Income TTM 206.0m / Total Stockholder Equity 2.69b)
RoCE = 6.91% (EBIT 380.0m / Capital Employed (Equity 2.69b + L.T.Debt 2.81b))
RoIC = 4.18% (NOPAT 333.0m / Invested Capital 7.97b)
WACC = 4.66% (E(3.38b)/V(6.76b) * Re(5.46%) + D(3.38b)/V(6.76b) * Rd(4.41%) * (1-Tc(0.12)))
Discount Rate = 5.46% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 100.00 | Cagr: 2.40%
[DCF] Terminal Value 77.97% ; FCFF base≈254.4m ; Y1≈291.7m ; Y5≈429.2m
[DCF] Fair Price = 37.54 (EV 6.46b - Net Debt 3.36b = Equity 3.10b / Shares 82.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 54.40 | EPS CAGR: 4.61% | SUE: 0.83 | # QB: 0
Revenue Correlation: 84.10 | Revenue CAGR: 4.69% | SUE: -1.31 | # QB: -1
EPS current Quarter (2026-06-30): EPS=0.26 | Chg30d=+16.22% | Revisions=+25% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.37 | Chg30d=+31.06% | Revisions=+14% | Analysts=6
EPS current Year (2026-12-31): EPS=2.60 | Chg30d=+0.88% | Revisions=-11% | GrowthEPS=+9.4% | GrowthRev=+0.2%
EPS next Year (2027-12-31): EPS=2.79 | Chg30d=-0.09% | Revisions=-25% | GrowthEPS=+7.1% | GrowthRev=+6.3%
[Analyst] Revisions Ratio: +25%