Is Avista (AVA) overvalued or fairly valued?

MarketChacha shows Avista's valuation in context — a trailing P/E of about 18.1, a forward P/E of about 13.5, a price-to-book of about 1.1 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Avista's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (2.67×) from reported figures — education, not a rating.

What is Avista's revenue?

Avista reported revenue of $2.0B for FY2025, with net profit of $193.0M, per official filings.

What is the share price of Avista (AVA)?

Avista last traded at $37.55 (-0.2% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Avista

AVA · NYSE · Utilities · United States

Snapshot

TickerAVA

ExchangeNYSE

SectorUtilities

IndustryUtilities - Diversified

CountryUnited States

HeadquartersSpokane, United States

Websiteinvestor.avistacorp.com

Filings tracked19

About Avista

Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through two segments, Avista Utilities and Alaska Electric Light and Power Company (AEL&P). The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution and transmission 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 Alaska Electric Light and Power Company segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2025, it supplied retail electrical services to approximately 429,000 customers; retail natural gas services to approximately 386,000 customers; and electrical energy to approximately 17,600 customers. The company also operates five hydroelectric generation facilities with a capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. In addition, it engages in venture fund investments, real estate investments, and other investments. The company was formerly known as Washington Water Power and changed its name to Avista Corporation in January 1999. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

Who owns it

Insiders0.9%
Institutions92.5%
Public & other6.6%

549 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.17.67%
Vanguard Portfolio Management LLC8.60%
State Street Corporation6.43%
Vanguard Capital Management LLC4.49%
ATLAS Infrastructure Partners (UK) Ltd.2.74%
Geode Capital Management, LLC2.65%
Westwood Holdings Group Inc.2.37%
Dimensional Fund Advisors LP1.83%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Latest ROE of 7.1% is on the low side — the business earns a modest return on shareholder capital.

Cash conversion2.67×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend9.8% → 9.8%

Margin has held broadly steady over the period — stable profitability.

Return on equity7.1%

Latest ROE of 7.1% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 6% · PAT 6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $546.1M · EPS 0.89

Est. earnings growth +1.9%

Next fiscal year

Rev $2.1B · EPS 2.79

Est. earnings growth +6.7%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.0B

Net margin

9.8%

ROE

7.1%

Revenue CAGR (2y)

+5.9%

Profit CAGR (2y)

+6.2%

EPS (FY2025)

2.38

Net profit (FY2025)

$193.0M

Ask MarketChacha about AVA

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$2.0B	$193.0M	2.38	9.8%	7.1%
FY2024	$1.9B	$180.0M	2.29	9.3%	6.9%
FY2023	$1.8B	$171.0M	2.24	9.8%	6.9%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$413.0M	$35.0M	0.43	8.5%
2026Q1	$570.0M	$92.0M	1.11	16.1%
2025Q3	$403.0M	$29.0M	0.36	7.2%
2025Q2	$411.0M	$14.0M	0.17	3.4%
2025Q1	$617.0M	$79.0M	0.98	12.8%
2024Q3	$394.0M	$18.0M	0.23	4.6%
2024Q2	$402.0M	$23.0M	0.29	5.7%
2024Q1	$609.0M	$71.0M	0.91	11.7%
2023Q3	$379.6M	$14.7M	0.19	3.9%
2023Q2	$379.9M	$17.5M	0.23	4.6%
2023Q1	$474.6M	$54.8M	0.73	11.6%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/3/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/3/2026material
8-K — Other events, Exhibits
SEC8/3/2026material
8-K — Executive/director change
SEC7/2/2026material
8-K — Other events, Exhibits
SEC6/12/2026material
8-K — Other events
SEC6/2/2026material
8-K — Material agreement, Material financial obligation, Shareholder vote results, Exhibits
SEC5/20/2026material
8-K — Reg FD disclosure, Exhibits
SEC5/13/2026material
10-Q filing
SEC5/5/2026
8-K — Completion of acquisition/disposition, Reg FD disclosure, Exhibits
SEC5/5/2026material
8-K — Reg FD disclosure, Exhibits
SEC3/4/2026material
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC2/25/2026material
10-K filing
SEC2/25/2026
8-K — Other events
SEC1/16/2026material

2025

10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC11/5/2025material
10-Q filing
SEC8/6/2025
8-K — Results of operations, Exhibits
SEC8/6/2025material
8-K — Material agreement, Material financial obligation
SEC7/25/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.