AVA

Avista Corporation

Fundamental data last updated:June 19, 2026

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company profile

SECTOR

Utilities

industry

Diversified Utilities

Exchange

NYSE

County of HQ

US

Next Earnings Date

08/05/2026

Business Summary

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 wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to 17,400 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydroelectric, thermal, and wind facilities. As of February 23, 2022, it provided electric service to 406,000 customers and natural gas to 372,000 customers. In addition, the company engages in venture fund investments, real estate investments, and other investments. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

 


VALUATION

P/E

16.50

Market Cap ($M USD)

$3.41B

Forward P/E

12.32

PEG

0.36

PRICE TO SALES

1.78

PRICE TO BOOK

1.22

EV / EBITDA

10.04

5-Year Average P/E

Free Cash Flow Yield

12.22%

DCF Value

$58.81

Graham Number

$43.56

Price to FCF

8.18

EV to FCF

16.01

Earnings Yield

6.06%

FCF Yield

12.22%

DIVIDEND

Yield

4.76%

Annual Payout

$1.97

Payout Ratio

0.49%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$2.50

Next Year EPS Growth Estimate

$3.35

Next Year Revenue Growth Estimate

$237.36B

Return on Equity (ROE)

7.65%

FREE CASH FLOW

Operating Margin

18.94%

Debt-to-Equity

1.25

Piotroski F-Score

5

Altman Z-Score

0.89

Return on Invested Capital (ROIC)

4.78%

Current Ratio

0.90

Quick Ratio

0.60

Net Debt to EBITDA

4.91

Interest Coverage

2.44

Gross Profit margin

56.08%

FCF PER SHARE

$5.06

REVENUE PER SHARE

$23.28

Gainseekers Quantitative Analysis

Summary

Avista Corporation’s valuation presents a compelling opportunity for deep value investors. The stock traded below its DCF Value, suggesting a significant undervaluation relative to its intrinsic worth. With a Forward P/E of 12.19 and a PEG ratio of 0.36, the market appears to be underestimating its growth potential. However, the Altman Z-score of 0.88 raises red flags about financial distress risk, indicating caution. Despite these concerns, the Earnings Yield of 6.13% suggests a decent return for investors willing to navigate these waters.

AI Exposure / Tech Reliance

As a player in the diversified utilities sector, Avista is somewhat insulated from rapid tech shifts. The industry’s stability and essential nature mean AI and tech disruptions are less likely to impact its core operations. However, embracing smart grid technologies could enhance operational efficiency and customer engagement.

The Bull Case

For value investors, Avista offers a solid proposition. The ROIC of 4.78% and a Piotroski F-Score of 5 indicate moderate operational efficiency and financial health. Its Free Cash Flow Yield of 12.36% is particularly attractive, suggesting robust cash generation capabilities. Coupled with an operating margin of 18.94%, Avista demonstrates strong pricing power and capital efficiency, making it a worthy consideration for those seeking stable returns.

The Bear Case

Despite its strengths, Avista faces significant structural risks. The Altman Z-score signals potential financial distress, while the Current Ratio of 0.90 and Quick Ratio of 0.60 highlight liquidity concerns. Trading close to its 52-week high, the stock may be technically overextended. Additionally, the Price/Book ratio of 1.21 suggests limited margin of safety, raising questions about its valuation cushion in volatile markets.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$40.00

Institutional Ownership %

1-Year Beta

0.23

Insider Buying % (6 Mo)

Distance to 52-Week High

5.38%

Distance to 52-Week Low

14.00%

EARNINGS SURPRISE %

5.77%

50-DAY SMA

$40.80

200-DAY SMA

$39.47

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.