AVISTA CORP (AVA)
Utilities · Regulated electric and natural gas utilities · NYSE
Avista is a multi-state regulated electric and natural gas utility managing integrated generation, transmission and distribution across the Pacific Northwest and Alaska.
What AVISTA CORP does
Avista Corporation is a regulated electric and natural gas utility serving customers in Washington, Idaho, Oregon, and Alaska. The company owns and operates electric generation, transmission and distribution systems, and natural gas distribution networks across its service territories. Avista Utilities operates the regulated utility divisions in the Pacific Northwest, while Alaska Energy and Resources Company (AERC) operates the Alaska Electric Light and Power Company (AEL&P) subsidiary. The company also manages capital recovery through various regulatory mechanisms including power cost adjustments and purchased gas adjustments.
Themes: ["regulated utilities","electric utilities","natural gas utilities","energy distribution","utility regulation and rate cases","coal generation transition"]
Fundamentals
- Price$41.15 as of 2026-07-09 close
- Market cap$3.4B as of 2026-07-10
- 1-year return+7.5% as of 2026-07-09 close
- P/E16.45 as of 2026-07-10
- Net margin+11.1% as of 2026-07-10
- ROE+7.6% as of 2026-07-10
- Debt / equity1.16 as of 2026-07-10
- Revenue growth (YoY)-3.0% as of 2026-07-10
- Revenue CAGR (3y)+4.7% SEC XBRL
- Beta0.25 as of 2026-07-10
Dividend: yield +4.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Regulatory risk from state and federal decisions affecting cost recovery and allowed returns; changes in legislation like Oregon HB 3179 could extend rate case timelines and restrict rate increase timing","Operational risk from weather conditions affecting hydroelectric generation capability, energy demand patterns, and power supply costs","Compliance risk related to coal-fired generation transition; Colstrip facility subject to Washington's Clean Energy Transformation Act requiring removal of coal costs from rates by end of 2025, with recent WUTC order requiring $9 million customer refund"]
Competitors & peers
- Puget Sound Energy
- Portland General Electric (PGE)
- PacifiCorp
- Northwestern Energy
- Idaho Power
- Empire District Electric
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.