Avista Corp
Avista Corp (AVA) is listed on NYSE and classified in Utilities - Diversified, part of the Utilities sector. It is headquartered in Spokane, United States. The company is worth $3.16B and trades at 13.6x its earnings of the last twelve months; the median for its sector is 20.5x. Revenue was $1.96B in fiscal 2025, up 1.3% from the year before. Net income was $193M. The share price is 13.2% below its 52-week high of $43.50. It pays a dividend yielding 5.22%, and has raised its annual dividend for 23 years in a row in our records. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Two Sigma (Two Sigma Investments), at $50.83M. In that quarter, 5 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▼ -4.8% over 5Y.
today you would have $1,170.52▲ +17.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $38.54 | $36.63 | $35.74 | $44.34 | $42.49 | $40.14 | $48.09 | $42.48 | $51.49 | $39.99 | $35.37 | $35.35 | $28.19 | $24.11 | $25.75 | $22.52 | $21.59 | $19.38 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 4.6% a year plus a 5.2% dividend yield. Growth capped at 25%.
Median P/E of 20.5 among peers in the sector.
Median P/E of 16.2 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Utilities, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| AWRAmerican States Water Co | $85.05 | 23.3x | 3.0x | 2.56% | 13.67% | $3.37B |
| CPKChesapeake Utilities Corp | $134.17 | 21.4x | 1.9x | 2.19% | 9.47% | $3.39B |
| CWTCalifornia Water Service Group | $47.54 | 20.6x | 1.6x | 2.82% | 7.68% | $2.94B |
| FRVOFervo Energy Co | $9.68 |
| P/E | 16.2x | 16.2x | 16.0x | 16.0x | 20.9x | 20.2x | 21.1x | 16.2x | 20.5x | 28.8x | 18.6x | 18.0x | 11.4x | 15.2x | 18.3x | 15.0x | 13.6x | 13.7x | 14.2x |
| P/S | 1.6x | 1.6x | 1.5x | 1.6x | 1.9x | 2.1x | 2.1x | 2.4x | 2.0x | 2.3x | 1.8x | 1.5x | 1.5x | 1.2x | 1.0x | 0.9x | 0.8x | 0.8x | 0.6x |
| P/B | 1.3x | 1.2x | 1.1x | 1.1x | 1.4x | 1.4x | 1.4x | 1.7x | 1.6x | 2.0x | 1.6x | 1.4x | 1.5x | 1.3x | 1.1x | 1.3x | 1.1x | 1.1x | 1.1x |
| EPS | $2.38 | $2.29 | $2.24 | $2.12 | $2.10 | $1.90 | $2.97 | $2.07 | $1.79 | $2.15 | $1.97 | $3.10 | $1.85 | $1.32 | $1.72 | $1.65 | $1.58 | $1.36 |
| Dividend yield | 3.98% | 5.09% | 5.19% | 5.15% | 3.97% | 3.98% | 4.04% | 3.23% | 3.51% | 2.78% | 3.43% | 3.73% | 3.60% | 4.33% | 4.81% | 4.27% | 4.44% | 3.75% | 3.56% |
| Payout | 69.54% | 82.35% | 82.97% | 82.14% | 83.02% | 80.57% | 85.26% | 52.26% | 72.08% | 80.00% | 63.81% | 67.01% | 41.03% | 65.95% | 87.88% | 63.95% | 60.61% | 51.27% | 50.74% |
| Profit margin | 9.18% | 9.83% | 9.29% | 9.76% | 9.06% | 10.24% | 9.80% | 14.64% | 9.77% | 8.02% | 9.51% | 8.30% | 13.04% | 7.70% | 5.62% | 6.19% | 5.93% | 5.76% | 4.39% |
| ROE | 7.54% | 7.12% | 6.95% | 6.88% | 6.64% | 6.84% | 6.38% | 10.16% | 7.69% | 6.70% | 8.32% | 8.06% | 12.95% | 8.43% | 6.12% | 8.45% | 8.21% | 8.29% | 7.39% |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 1.6% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+7.2% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| — |
| 1.0x |
| 0.00% |
| — |
| $2.85B |
| MGEEMge Energy Inc | $74.24 | 17.7x | 1.9x | 2.73% | 11.04% | $2.8B |
| TACTransalta Corp | $12.51 | — | 6.6x | 1.60% | -1.42% | $3.96B |