Avista Corporation (AVA) is a publicly traded company in the Utilities — Diversified Utilities industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Avista Corporation operates as an energy utility, conducting business through its various subsidiaries. Its operations are divided into two primary segments: Avista Utilities and AEL&P. The Avista Utilities division is responsible for electric distribution and transmission, as well as natural gas distribution services, across parts of eastern Washington and northern Idaho. It also delivers natural gas services to areas of northeastern and southwestern Oregon.
Is Avista Corporation stock overvalued or undervalued in 2026?
Avista Corporation (AVA) trades at 13.3× earnings (P/E), below the median of the 83 utilities companies over $2bn in Kaplio's universe. At the decade median (19.5×) $54 (+47 %); at its sector median (20.7×) $58 (+56 %).
Kaplio overview: Avista Corporation
Market cap $3B · 52 weeks $35 – $43 (11 % below the high) · P/E 13.3× · 2027 expected P/E 13.2× · Dividend 5.4 % · 11 years rising · Next earnings November 4, 2026 · expected EPS $0.42 · Closing price, Oct 28 · accounts published Aug 3.
- Valuation: P/E 13.3× (cheap).
- Business: ROE 8.3 % (solid).
- Balance sheet: Net debt/EBITDA 5.1× (passes, near the threshold).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (19.5×) $54 (+47 %); at its sector median (20.7×) $58 (+56 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in utilities: 4 of 6 pass
- Interest coverage 2.4×, fails.
- Payout Ratio 82.4 %, borderline.
- Regulated ROE (8-12%) 8.3 %, passes.
- 5y EPS growth 4.6 %, passes.
- 10y dividend growth 4.0 %, passes, near the threshold.
- Net debt / EBITDA 5.1×, passes, near the threshold.
Against its peers (reference peers) — Avista Corporation: P/E 13.3×; EV/EBITDA 9.7×; ROIC 4.3 %; $3.1B. Chesapeake Utilities Corporation (P/E 21.3×; EV/EBITDA 12.7×; ROIC 5.0 %; $3.2B), American States Water Company (P/E 23.1×; EV/EBITDA 15.9×; ROIC 6.5 %; $3.3B), MGE Energy, Inc. (P/E 18.1×; EV/EBITDA 12.5×; ROIC 4.7 %; $2.8B).
Expensive or cheap against its last ten years?
P/E at each close: today 13.3× · median 19.5× · minimum 11.2× · maximum 29.4× · cheap below 16.6× · expensive above 23.2×. It has been cheaper than today only 8% of the time over its last ten years.
Dividend
tight · Yield 5.4 % ($1.96 per share in 2025) · Years raising it ≥ 11 · 5-year growth +4 % a year · Free cash flow coverage -0.3× · With $1,000 invested today you'd collect $53.60 a year ($4.47 a month).
Profitability
| Return on Equity | 8.29% |
| Return on Invested Capital | 4.27% |
| Return on Assets | 2.66% |
| Gross Margin | 44.19% |
| Operating Margin | 18.76% |
| Net Margin | 11.83% |
Financial Health
| Debt / Equity | 1.17 |
| Current Ratio | 1.10 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 0.80 |
Price Performance
| 1 month | +6.61% |
| 3 months | -7.47% |
| Year-to-date | -2.88% |
| 1 year | -2.19% |
| 3 years | +16.28% |
| 5 years | -5.98% |
| 10 years | -9.59% |
Dividend History
Paid in the last 12 months: $1.9675 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-08-18 | $0.4925 |
| 2026-05-19 | $0.4925 |
| 2026-02-25 | $0.4925 |
| 2025-11-24 | $0.4900 |
| 2025-08-19 | $0.4900 |
| 2025-05-13 | $0.4900 |
| 2025-02-26 | $0.4900 |
| 2024-11-26 | $0.4750 |
| 2024-08-22 | $0.4750 |
| 2024-05-22 | $0.4750 |
Amounts adjusted for stock splits.
Related companies: NWE · OTTR · MGEE · RNW · EE · CPK · AWR · ELPC
Explore sector: Utilities · Diversified Utilities
More sections of AVA: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks