The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Friday, August 14, 2026

Subject of the day

AVA

Concerning the House

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 and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the supply of electricity to customers in Montana; and wholesale purchase and sale of electricity and natural gas. The Alaska Electric Light and Power Company segment offers electric services in Juneau, Alaska. The company generates electricity through hydroelectric, thermal, wind, and solar generation facilities. As of December 31, 2025, it supplied retail electrical services to approximately 429,000 customers; retail natural gas services to approximately 386,000 customers; and electrical energy to approximately 17,600 customers. The company also operates five hydroelectric generation facilities with a capacity of 102.7 MW; and four diesel generating facilities with a capacity of 107.5 MW. In addition, it engages in venture fund investments, real estate investments, and other investments. The company was formerly known as Washington Water Power and changed its name to Avista Corporation in January 1999. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington.

United States · investor.avistacorp.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$1.75B+1.0%
Operating income$306.00M+3.4%
Net income$180.00M+4.5%
Cash from ops$469.00M+4.9%
Quotation

$38.65

+0.12 (+0.3%)

52w hi$42.43
52w lo$34.31
Vol463.48K
As ofAug 13
The Verdict

Hold

Our score -0.29

Short-0.19
Medium-0.46
Long-0.16

computed 2026-08-13

By the Numbers

Avista Corporation

Utilities · Utilities - Diversified

Market cap$3.24B
Enterprise value$6.58B
Trailing P/E13.95x
Forward P/E13.86x
EV / EBITDA10.23x
P / S (ttm)1.69x
Profit margin11.8%
Return on equity8.3%
Revenue growth+0.5%
Earnings growth+147.9%
Debt / equity119.71
Risk Metrics
Beta vs SPX0.07
Corr SPX0.06
Annual vol19.2%
Annual ret+2.6%
Sharpe0.14
Max DD-16.2%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.30
Sector-0.01
Technical-0.09
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$38.87$39.02$38.57$38.65463.48K
Aug 12$38.43$38.83$38.37$38.53479.20K
Aug 11$38.22$38.57$38.03$38.43524.30K
Aug 10$38.62$38.62$37.88$38.21619.80K
Aug 7$38.41$39.04$38.21$38.73569.00K