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MARKETS / NYSE / AVA
NYSE · ELECTRIC & OTHER SERVICES COMBINED · LARGE CAP

Avista Corp. AVA

18 fiscal years on record · USD · FY2025 reported · SEC filings only
17 YEARS OF DIVIDEND GROWTH
$2.0B
▲ 1.3% YoY
$193.0M
▲ 7.2% YoY
$-101.0M
▼ 10200.0% YoY
In brief

What this company does

At the end of 2025, Avista Utilities supplied retail electric service to approximately 429,000 customers and retail natural gas service to approximately 386,000 customers across a service territory covering 34,000 square miles with a population of 1.5 million. On December 31, 2025, Avista Utilities employed 1,929 individuals, with bargaining unit employees comprising 36 percent of its overall workforce. As of December 31, 2025, the Company had two reportable business segments: Avista Utilities and AEL&P. Avista Utilities, an operating division of Avista Corp. comprising the regulated utility operations in Washington, Idaho, Oregon and Montana, provides electric distribution and transmission and natural gas distribution services in parts of eastern Washington and northern Idaho, along with natural gas distribution service in parts of northeastern and southwestern Oregon. AEL&P is a regulated utility providing electric services in Juneau, Alaska, and is a wholly-owned subsidiary and the primary operating subsidiary of AERC. As of December 31, 2025, AEL&P served approximately 17,600 customers. Avista Corp. was incorporated in the territory of Washington in 1889.

Written from the business description in AVISTA CORP's annual report to the U.S. Securities and Exchange Commission, filed 25 February 2026. Every sentence was checked against that document before publication.

Growth
USD 2.0B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.0 · Net income 0.2
0.8B1.6B2008201120142017202020232025
Compound annual growth
+4.7%
+8.2%
+2.8%
+1.6%
+7.6%
+8.3%
+4.6%
+5.0%
+3.9%
+4.6%
+1.9%
+2.5%
+3.7%
+3.9%
+4.0%
+4.6%
+7.2%
+7.6%
+6.6%
+7.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +8.2% a year over five years — but profit grew faster: net income at +8.3%, earnings per share at +4.6%.

The share count rose from 0.07B to 0.08B over the period.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
10 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 18.0% · Net 9.8%
10%20%2008201120142017202020232025
ROE
FY2025 · ROE 7.3%
5%10%2008201120142017202020232025

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders
USD 159.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -101.0
20M40M-200M2008201120142017202020232025
Net buybacks $M Dividends $M
FY2025 · Dividends 159.0 · Net buybacks —
80.0M-25.0M-50.0MDividendsNet buybacks2008201120142017202020232025

USD 159.0M in dividends — 82% of the year's profit went back to shareholders.

Total assetsUSD 8.4B
EquityUSD 2.7B
CashUSD 19.0M
Gross debtUSD 3.1B
Net debtUSD 3.1B
Current ratio0.83×

Net debt stands at 115% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B2.01.91.81.71.41.31.31.41.41.41.51.51.41.41.61.61.51.7
Operating income $B0.40.30.30.20.20.20.20.30.30.30.30.30.20.20.20.20.20.2
EBITDA $B0.60.60.50.40.50.50.40.40.50.50.40.40.40.30.30.30.30.3
Income tax $B0.00.0−0.0−0.00.00.00.00.00.10.10.10.10.10.00.10.10.00.0
Net income $B0.20.20.20.20.10.10.20.10.10.10.10.20.10.10.10.10.10.1
Free cash flow $B−0.10.0−0.1−0.3−0.2−0.1−0.0−0.1−0.0−0.0−0.0−0.1−0.10.00.00.00.1−0.1
EPS, diluted $2.382.292.242.122.101.902.972.071.792.151.973.101.851.321.721.651.581.36
Dividend / sh $1.961.901.841.761.691.621.551.491.431.371.321.271.221.161.101.000.810.69
Payout %828382838085527280646741668864605150
ROE %7.37.17.16.97.06.510.67.86.98.68.213.78.66.48.78.58.3·
Shares out B0.080.080.080.070.070.070.070.070.070.060.060.060.060.060.060.060.05·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 6 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectric & Other Services Combined
Listed onNYSE
Incorporated inWashington
Fiscal year endsDecember 31
Data on record since2008

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