Avista Corporation (AVA)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	171,180	165,001	144,487	138,456	155,176	128,097	148,261	150,882	147,334	155,192	145,702	149,081	129,488	121,529	121,743	129,609	196,979	192,046	197,075	197,333
Revenue (ttm)	US$ in thousands	1,751,554	1,744,343	1,724,163	1,722,792	1,710,207	1,631,862	1,568,423	1,488,112	1,438,936	1,387,555	1,364,194	1,344,531	1,321,891	1,306,027	1,317,151	1,339,371	1,345,622	1,353,284	1,365,527	1,384,013
Net profit margin		9.77%	9.46%	8.38%	8.04%	9.07%	7.85%	9.45%	10.14%	10.24%	11.18%	10.68%	11.09%	9.80%	9.31%	9.24%	9.68%	14.64%	14.19%	14.43%	14.26%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $171,180K ÷ $1,751,554K
= 9.77%

The net profit margin of Avista Corp. has shown some fluctuations over the past eight quarters, ranging from 7.85% to 10.14%. The trend indicates that the company's net profit margin has generally been above 8% during this period, with the highest margin recorded in Q1 2022 at 10.14% and the lowest in Q3 2022 at 7.85%.

The average net profit margin for Avista Corp. over these eight quarters is approximately 9.09%, reflecting the company's ability to generate profit relative to its total revenue. A higher net profit margin suggests that Avista Corp. is efficient in managing its expenses and generating profit from its operations.

It is important for investors and stakeholders to closely monitor Avista Corp.'s net profit margin to evaluate its profitability and financial performance over time. Any significant deviations or consistent trends in the net profit margin could indicate changes in the company's financial health and operational efficiency.