Avista Corporation
Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates through two segments, Avista Utilities and Alaska Electric Light and Power Company (AEL&P). The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution and transmission services in parts of eastern Washington a… Read more
Avista Corporation (AVA) - Net Assets
Latest net assets as of December 2025: $2.71 Billion USD
Based on the latest financial reports, Avista Corporation (AVA) has net assets worth $2.71 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.64 Billion) and total liabilities ($5.93 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.71 Billion |
| % of Total Assets | 31.34% |
| Annual Growth Rate | 3.96% |
| 5-Year Change | 25.72% |
| 10-Year Change | 64.33% |
| Growth Volatility | 5.66 |
Avista Corporation - Net Assets Trend (1994–2025)
This chart illustrates how Avista Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Avista Corporation (1994–2025)
The table below shows the annual net assets of Avista Corporation from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $2.71 Billion | +4.55% |
| 2024-12-31 | $2.59 Billion | +4.27% |
| 2023-12-31 | $2.48 Billion | +6.44% |
| 2022-12-31 | $2.33 Billion | +8.35% |
| 2021-12-31 | $2.15 Billion | +6.16% |
| 2020-12-31 | $2.03 Billion | +4.66% |
| 2019-12-31 | $1.94 Billion | +9.31% |
| 2018-12-31 | $1.77 Billion | +2.52% |
| 2017-12-31 | $1.73 Billion | +4.97% |
| 2016-12-31 | $1.65 Billion | +7.86% |
| 2015-12-31 | $1.53 Billion | +3.04% |
| 2014-12-31 | $1.48 Billion | +12.51% |
| 2013-12-31 | $1.32 Billion | +3.22% |
| 2012-12-31 | $1.28 Billion | +3.19% |
| 2011-12-31 | $1.24 Billion | +10.00% |
| 2010-12-31 | $1.13 Billion | +5.89% |
| 2009-12-31 | $1.06 Billion | +6.59% |
| 2008-12-31 | $996.88 Million | +9.07% |
| 2007-12-31 | $913.97 Million | -0.31% |
| 2006-12-31 | $916.85 Million | +14.98% |
| 2005-12-31 | $797.38 Million | +5.86% |
| 2004-12-31 | $753.21 Million | +0.26% |
| 2003-12-31 | $751.25 Million | -11.20% |
| 2002-12-31 | $846.04 Million | -1.06% |
| 2001-12-31 | $855.06 Million | -0.48% |
| 2000-12-31 | $859.22 Million | +7.16% |
| 1999-12-31 | $801.80 Million | -11.13% |
| 1998-12-31 | $902.20 Million | -0.18% |
| 1997-12-31 | $903.80 Million | +9.46% |
| 1996-12-31 | $825.70 Million | -3.10% |
| 1995-12-31 | $852.10 Million | +4.72% |
| 1994-12-31 | $813.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Avista Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 688.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $905.00 Million | 33.41% |
| Common Stock | $1.80 Billion | 66.63% |
| Other Comprehensive Income | $-1.00 Million | -0.04% |
| Total Equity | $2.71 Billion | 100.00% |
Avista Corporation Competitors by Market Cap
The table below lists competitors of Avista Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Huafeng Technology Co. Ltd. A
SHG:688629
|
$3.23 Billion |
|
La Francaise Des Jeux Sa
PA:FDJ
|
$3.24 Billion |
|
Xenon Pharmaceuticals Inc
NASDAQ:XENE
|
$3.24 Billion |
|
Enagás S.A
PINK:ENGGF
|
$3.24 Billion |
|
Zheshang Securities Co Ltd
SHG:601878
|
$3.23 Billion |
|
Eneva S.A
SA:ENEV3
|
$3.23 Billion |
|
Arkema SA
PA:AKE
|
$3.23 Billion |
|
Taiwan Business Bank
TW:2834
|
$3.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Avista Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,591,000,000 to 2,709,000,000, a change of 118,000,000 (4.6%).
- Net income of 193,000,000 contributed positively to equity growth.
- Dividend payments of 159,000,000 reduced retained earnings.
- New share issuances of 78,000,000 increased equity.
- Other comprehensive income decreased equity by 1,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $193.00 Million | +7.12% |
| Dividends Paid | $159.00 Million | -5.87% |
| Share Issuances | $78.00 Million | +2.88% |
| Other Comprehensive Income | $-1.00 Million | -0.04% |
| Other Changes | $7.00 Million | +0.26% |
| Total Change | $- | 4.55% |
Book Value vs Market Value Analysis
This analysis compares Avista Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.63x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | $15.11 | $39.77 | x |
| 1995-12-31 | $15.44 | $39.77 | x |
| 1996-12-31 | $14.76 | $39.77 | x |
| 1997-12-31 | $16.12 | $39.77 | x |
| 1998-12-31 | $16.52 | $39.77 | x |
| 1999-12-31 | $20.92 | $39.77 | x |
| 2000-12-31 | $18.64 | $39.77 | x |
| 2001-12-31 | $18.03 | $39.77 | x |
| 2002-12-31 | $17.67 | $39.77 | x |
| 2003-12-31 | $15.45 | $39.77 | x |
| 2004-12-31 | $15.41 | $39.77 | x |
| 2005-12-31 | $16.28 | $39.77 | x |
| 2006-12-31 | $18.37 | $39.77 | x |
| 2007-12-31 | $17.16 | $39.77 | x |
| 2008-12-31 | $18.45 | $39.77 | x |
| 2009-12-31 | $19.13 | $39.77 | x |
| 2010-12-31 | $20.17 | $39.77 | x |
| 2011-12-31 | $20.41 | $39.77 | x |
| 2012-12-31 | $21.27 | $39.77 | x |
| 2013-12-31 | $21.64 | $39.77 | x |
| 2014-12-31 | $23.97 | $39.77 | x |
| 2015-12-31 | $24.38 | $39.77 | x |
| 2016-12-31 | $25.79 | $39.77 | x |
| 2017-12-31 | $26.69 | $39.77 | x |
| 2018-12-31 | $26.89 | $39.77 | x |
| 2019-12-31 | $29.24 | $39.77 | x |
| 2020-12-31 | $29.80 | $39.77 | x |
| 2021-12-31 | $30.74 | $39.77 | x |
| 2022-12-31 | $31.94 | $39.77 | x |
| 2023-12-31 | $32.49 | $39.77 | x |
| 2024-12-31 | $32.87 | $39.77 | x |
| 2025-12-31 | $33.42 | $39.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Avista Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.83%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.19x
- Recent ROE (7.12%) is below the historical average (7.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 9.50% | 11.51% | 0.34x | 2.45x | $-4.05 Million |
| 1995 | 10.22% | 11.54% | 0.36x | 2.46x | $1.89 Million |
| 1996 | 10.11% | 8.84% | 0.43x | 2.64x | $930.00K |
| 1997 | 12.70% | 8.82% | 0.54x | 2.67x | $24.42 Million |
| 1998 | 8.66% | 2.12% | 1.13x | 3.61x | $-12.12 Million |
| 1999 | 3.24% | 0.33% | 2.13x | 4.63x | $-54.18 Million |
| 2000 | 10.67% | 1.16% | 0.63x | 14.62x | $5.76 Million |
| 2001 | 1.42% | 0.20% | 1.49x | 4.72x | $-73.35 Million |
| 2002 | 3.70% | 3.19% | 0.27x | 4.27x | $-53.30 Million |
| 2003 | 5.92% | 3.96% | 0.31x | 4.87x | $-30.62 Million |
| 2004 | 4.67% | 3.05% | 0.31x | 4.92x | $-40.17 Million |
| 2005 | 5.66% | 3.32% | 0.27x | 6.21x | $-34.57 Million |
| 2006 | 7.98% | 4.86% | 0.37x | 4.42x | $-18.55 Million |
| 2007 | 4.21% | 2.71% | 0.44x | 3.49x | $-52.92 Million |
| 2008 | 7.39% | 4.39% | 0.46x | 3.64x | $-26.07 Million |
| 2009 | 8.28% | 5.76% | 0.42x | 3.43x | $-18.06 Million |
| 2010 | 8.21% | 5.93% | 0.40x | 3.50x | $-20.15 Million |
| 2011 | 8.45% | 6.19% | 0.38x | 3.55x | $-18.35 Million |
| 2012 | 6.21% | 5.06% | 0.36x | 3.42x | $-47.74 Million |
| 2013 | 8.56% | 6.86% | 0.37x | 3.36x | $-18.75 Million |
| 2014 | 12.94% | 13.04% | 0.31x | 3.18x | $43.67 Million |
| 2015 | 8.06% | 8.30% | 0.30x | 3.21x | $-29.64 Million |
| 2016 | 8.32% | 9.51% | 0.27x | 3.22x | $-27.64 Million |
| 2017 | 6.70% | 8.02% | 0.26x | 3.19x | $-57.07 Million |
| 2018 | 7.69% | 9.77% | 0.24x | 3.26x | $-40.89 Million |
| 2019 | 10.16% | 14.64% | 0.22x | 3.14x | $3.05 Million |
| 2020 | 6.38% | 9.80% | 0.21x | 3.15x | $-73.48 Million |
| 2021 | 6.84% | 10.24% | 0.21x | 3.18x | $-68.14 Million |
| 2022 | 6.65% | 9.07% | 0.23x | 3.18x | $-78.29 Million |
| 2023 | 6.89% | 9.77% | 0.23x | 3.10x | $-77.32 Million |
| 2024 | 6.95% | 9.29% | 0.24x | 3.06x | $-79.10 Million |
| 2025 | 7.12% | 9.83% | 0.23x | 3.19x | $-77.90 Million |
Industry Comparison
This section compares Avista Corporation's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $4,701,814,075
- Average return on equity (ROE) among peers: 6.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Avista Corporation (AVA) | $2.71 Billion | 9.50% | 2.19x | $3.23 Billion |
| ACEA S.p.A (ACEJF) | $1.90 Billion | 14.24% | 3.29x | $780.10 Million |
| Atco Ltd (ACLLF) | $2.57 Billion | 6.35% | 1.49x | $2.59 Billion |
| A2A S.p.A (AEMMF) | $3.52 Billion | 9.76% | 1.93x | $4.51 Billion |
| The AES Corporation (AES) | $10.41 Billion | -0.53% | 2.89x | $10.06 Billion |
| Allete Inc (ALE) | $673.20 Million | 11.48% | 1.28x | $3.93 Billion |
| Algonquin Power & Utilities Corp (AQN) | $1.41 Billion | 1.04% | 0.98x | $4.08 Billion |
| Brookfield Infrastructure Partners LP (BIP) | $14.67 Billion | 1.31% | 1.49x | $16.66 Billion |
| Commerce Energy Group Inc (CMNR) | $93.62 Million | 5.79% | 0.34x | $0.94 |
| Canadian Utilities Limited (CUTLF) | $7.07 Billion | 8.94% | 2.11x | $4.62 Billion |