Avista Corporation (Avista Corp.) is an energy company engaged in the generation, transmission and distribution of energy, as well as other energy-related businesses. The Company operates in two business segments: Avista Utilities and Ecova, Inc. (Ecova). Avista Utilities is an operating division of Avista Corp. that comprises of its regulated utility operations. Avista Utilities generates, transmits and distributes electricity and distributes natural gas. The utility also engages in wholesale purchases and sales of electricity and natural gas. Ecova is an indirect subsidiary of Avista Corp. (79% owned as of December 31, 2012) provides expense management services for utility and telecom needs, as well as strategic energy management and efficiency services that include procurement, conservation, performance reporting, financial planning, facility optimization and continuous monitoring, and energy efficiency program management for commercial enterprises and utilities.
Type
Public
HQ
San Mateo, US
Size (employees)
1,982 (est)+6%
Avista is headquartered in San Mateo, US

Key People at Avista

Michael Hanley

Michael Hanley

CTO
Anil Valbh

Anil Valbh

Founder
John Hairston

John Hairston

Chief Compliance Officer

Avista Office Locations

Avista has offices in San Mateo, Spokane, Medford

Avista Metrics

Avista Financial Metrics

Revenue (2016)

$1.4 b

Revenue growth (2015-16), %

(3%)

Net income (2016)

$137.3 m

Market capitalization (21-Mar-2017)

$2.5 b

Closing share price (21-Mar-2017)

$38.9

Cash (31-Dec-2016)

$8.5 m
Avista's current market capitalization is $2.5 b.
Avista's revenue was reported to be $1.4 b in FY, 2016 which is a 2.8% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.6 b$1.5 b$1.5 b$1.4 b

Revenue growth, %

(9%)1%(3%)

Operating expense total

$1.2 b$1.2 b

EBIT

$244.4 m$252.6 m$253.2 m$289.8 m

EBIT margin, %

15%17%17%20%

Interest expense

$80 m$86.5 m

Pre tax profit

$185.6 m$215.4 m

Income tax expense

$67.4 m$78.1 m

Net Income

$112.3 m$192.3 m$123.3 m$137.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$82.6 m$22.1 m$10.5 m$8.5 m

Accounts Receivable

Inventories

Current Assets

$549.7 m$395.3 m$306 m$351.3 m

Goodwill

$76.3 m$58 m$57.7 m$57.7 m

Total Assets

$4.4 b$4.7 b$4.9 b$5.3 b

Accounts Payable

$182.1 m$113 m$114.3 m$115.5 m

Total Debt

$1.4 b$1.6 b

Current Liabilities

$625.3 m$385.3 m$474.7 m$407.5 m

Retained Earnings

$407.1 m$491.6 m$530.9 m$581 m

Total Equity

$1.3 b$1.5 b$1.5 b$1.6 b

Debt to Equity Ratio

1.1 x1.1 x

Debt to Assets Ratio

0.3 x0.3 x

Financial Leverage

3.3 x3.2 x3.2 x3.2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$112.3 m$192.3 m$123.3 m$137.3 m

Depreciation and Amortization

$133.2 m$138.3 m$143.5 m$160.5 m

Accounts Receivable

Inventories

Accounts Payable

($8.4 m)($12.6 m)($8.1 m)$5.2 m

Cash From Operating Activities

$242.6 m$267.3 m$375.6 m$358.3 m

Cash From Investing Activities

($312.2 m)($103.7 m)($387.8 m)($432.5 m)

Dividends Paid

($73.3 m)($78.3 m)($82.4 m)($87.2 m)

Cash From Financing Activities

$76.8 m($224 m)$528 k$72.2 m

Interest Paid

$75.4 m$73.5 m$79.7 m$86.3 m

Income Taxes Paid

$44.8 m$45.4 m

Avista Market Value History

Avista Online Presence

Avista News

Avista Company Life

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