(AVA) Avista - Ratings and Ratios

Avista Corporation (NYSE:AVA) is a diversified energy utility with a long operational history, incorporated in 1889 and headquartered in Spokane, Washington. The company operates through two primary segments: Avista Utilities and Alaska Electric Light & Power (AEL&P). Avista Utilities serves as the core business, providing electric and natural gas distribution services across eastern Washington, northern Idaho, and parts of Oregon. It also generates electricity in four states—Washington, Idaho, Oregon, and Montana—and engages in wholesale energy trading.

The AEL&P segment focuses on electric services in Juneau, Alaska, adding geographic diversity to Avistas operations. The company has a generating capacity of 210.2 MW, split between five hydroelectric facilities (102.7 MW) and four diesel plants (107.5 MW). This mix reflects a balance between renewable and conventional energy sources, aligning with broader industry trends toward decarbonization.

As of December 31, 2023, Avista serves approximately 416,000 retail electric customers and 381,000 natural gas customers. Beyond its utility operations, the company has diversified investments in venture funds, real estate, and other assets, which contribute to its financial stability and growth potential.

Financially, Avista Corporation has a market capitalization of $2.95 billion, with a price-to-earnings (P/E) ratio of 14.72 and a forward P/E of 14.16. The price-to-book (P/B) ratio of 1.16 suggests the stock is valued near its book value, while the price-to-sales (P/S) ratio of 1.53 indicates moderate valuation relative to revenue.

For investors, Avistas regulated utility business provides predictable cash flows, while its investments in renewable energy and diversification strategies aim to enhance long-term growth and resilience. The companys strategic balance of traditional and renewable energy sources positions it well in the evolving energy landscape.

For more information, visit Avista Corporations investor relations website: https://www.investor.avistacorp.com/.