Stocks · Utilities · Diversified Utilities

Avista Corporation AVA

$35.31 +0.68% Close, Oct 2, 2026 · NYSE · Market cap $2.96B

Inexpensive vs sectorLow risk

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. At 12.7× trailing earnings, the shares trade at the lowest P/E of the company's past five years.
  2. Net debt is 5.0× EBITDA, a high level of leverage.
  3. The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.

PromtFinance scores

Each score is a percentile within the Utilities sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth56Neutral

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Bottom 9%
  • EPS growth (TTM, YoY)Top 15%
  • Revenue growth, 3-year CAGRTop 34%
  • Revenue growth accelerationTop 41%
Quality68Positive

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 36%
  • Gross marginBottom 46%
  • Operating marginBottom 33%
  • Cash conversion (OCF / net income)Top 35%
  • Accruals (lower is better)Top 28%
  • Net debt / EBITDA (lower is better)Top 38%
  • Interest coverTop 47%
Value92Exceptional

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldTop 26%
  • Free-cash-flow yieldTop 39%
  • EBITDA / enterprise valueTop 26%
  • Sales / enterprise valueTop 26%
  • P/E vs own 5-year history (lower is better)Top 13%
Momentum46Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 44%
  • 6-month returnBottom 30%
  • 1-year return vs S&P 500Top 45%
  • Distance from 52-week highBottom 42%
  • Trend checklist (0–4)Bottom 32%
Revisions31Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 8%
  • Consecutive EPS beatsTop 35%
  • Share of analysts rating BuyBottom 3%
  • Upside to consensus price targetBottom 10%
Stability92Exceptional

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Top 31%
  • Maximum drawdown, 3 yearsTop 29%
  • Beta vs S&P 500 (lower is better)Top 9%
  • Net debt / EBITDA (lower is better)Top 38%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)-1.5%-1.8%↓
EPS growth (YoY)7.7%25.2%↑
Gross margin61.8%44.2%↓
Operating margin17.0%18.8%↑
FCF margin-4.4%-5.4%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)-1.8%-1.5%↓Bottom 9%
EPS growth (TTM, YoY)25.2%7.7%↑Top 15%
Gross margin44.2%61.8%↓Bottom 46%
Operating margin18.8%17.0%↑Bottom 33%
Net margin11.8%9.1%↑—
Free-cash-flow margin-5.4%-4.4%↓—
Return on invested capital4.3%—Top 36%
Revenue growth, 3-year CAGR4.7%—Top 34%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
2.41×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-3.7%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.3%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
-26.6 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
4.95×
Interest cover (operating income / interest)How many times operating profit covers interest.
2.4×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.07%
Net buyback yield (TTM)
-0.78%
Shareholder yield
-0.71%
Share count change, 1 year
+2.9%
Share count change, 3-year CAGR
+3.0%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 3, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
4 of 8
Average EPS surprise, last 4
+28.4%
Average 2-day reaction, last 8
-0.7%
Positive 20 days after report
4 of 8

Analysts

Consensus price target
$38.00
Target vs current price
+7.6%
Analysts with a rating
15
Share rating Buy or Strong Buy
0%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 3, 2026+87.4%-2.2%-4.3%-6.9%—
May 5, 2026+5.8%+0.9%+0.3%+3.2%+1.2%
Feb 25, 2026-12.9%-4.8%-6.0%-8.3%-3.5%
Nov 5, 2025+33.3%+2.7%+8.2%+1.7%+7.0%
Aug 6, 2025-39.3%-4.1%-1.1%-4.8%+0.1%
May 7, 2025-6.7%-1.9%-9.3%-10.8%-10.2%
Feb 26, 2025-2.3%+3.3%+3.0%+2.6%-0.3%
Nov 6, 2024+76.9%+0.5%+1.2%+0.8%-1.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 3, 2026$0.43$0.23+87.4%$413.0M
May 5, 2026$1.10$1.04+5.8%$555.0M
Feb 25, 2026$0.88$1.01-12.9%$518.0M
Nov 5, 2025$0.36$0.27+33.3%$403.0M
Aug 6, 2025$0.17$0.28-39.3%$411.0M
May 7, 2025$0.98$1.05-6.7%$617.0M
Feb 26, 2025$0.84$0.86-2.3%$532.8M
Nov 6, 2024$0.23$0.13+76.9%$393.7M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)12.7×17.5×0thTop 26%
P/E (forward)13.6×———
EV / EBITDA9.4×——Top 26%
EV / Sales3.24×——Top 26%
Free-cash-flow yield-3.52%——Top 39%
Earnings yield7.87%——Top 26%

P/E over the past five years

Range 14.2× – 23.6× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
-5.2%
Earnings per share growth (TTM)
+25.2%
Change in P/E multiple
-13.9%

Most of the move came from earnings growth.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✗ 50-day average above 200-day
  • ✓ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-5.4%
200-day average slope (20 days)
-0.9%
Distance from 50-day average
-6.5%
Distance from 200-day average
-11.6%
RSI (14)
33.6
Relative volume
0.80×

Risk and drawdowns

Volatility, 60 days (annualized)
15.3%
Volatility vs own 5-year history
1th percentile · Low for this stock
Beta vs S&P 500 (2 years, weekly)
-0.07
Correlation with S&P 500
-0.06
Current drawdown from 1-year high
-18.0%
Maximum drawdown, 3 years
-19.2%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Mar 26, 2021Oct 2, 2023-35.6%633 daysNot yet recovered

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$2.96B
P/E (TTM)
12.7
EPS, diluted (TTM)
$2.78
Revenue (TTM)
$1.92B
Dividend yield
5.57%
52-week range
$34.46 – $43.50
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.44B$1.71B$1.75B$1.94B$1.96B
Gross profit$941.8M$974.3M$1.05B$1.14B$475.0M
Operating income$228.2M$190.2M$257.7M$306.0M$354.0M
Net income$147.3M$155.2M$171.2M$180.0M$193.0M
EPS (diluted)$2.10$2.12$2.24$2.28$2.38
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$393.7M$532.8M$617.0M$411.0M$403.0M$533.0M$570.0M$413.0M
Net income$18.5M$67.2M$79.0M$14.0M$29.0M$71.0M$92.0M$35.0M
EPS (diluted)$0.23$0.84$0.98$0.17$0.36$0.87$1.12$0.43
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$267.3M$124.2M$447.1M$534.0M$469.0M
Capital expenditure-$439.9M-$452.0M-$498.6M-$533.0M-$570.0M
Free cash flow-$172.6M-$327.8M-$51.6M$1.0M-$101.0M
Dividends paid-$118.2M-$129.0M-$141.0M-$150.0M-$159.0M
Net share buybacks$90.0M$137.0M$113.0M$68.0M$78.0M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$25.0M
Total assets
$8.54B
Total liabilities
$5.71B
Total debt
$3.29B
Net debt
$3.27B
Shareholders’ equity
$2.82B

As of Jun 30, 2026 (filed Aug 3, 2026).

Dividends

Ex-dateAmountPaid
Aug 18, 2026$0.49Sep 14, 2026
May 19, 2026$0.49Jun 12, 2026
Feb 25, 2026$0.49Mar 13, 2026
Nov 24, 2025$0.49Dec 15, 2025
Aug 19, 2025$0.49Sep 15, 2025
May 13, 2025$0.49Jun 13, 2025
Feb 26, 2025$0.49Mar 14, 2025
Nov 26, 2024$0.48Dec 13, 2024

Short interest

Shares sold short
4,149,692
Days to cover
6.61
Change vs previous report
-4.4%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

Nov 10, 1993
2-for-1