Avista Corporation (AVA)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 306,000 | 257,690 | 190,242 | 228,232 | 232,700 |
| Total assets | US$ in thousands | 7,941,000 | 7,702,480 | 7,417,350 | 6,853,580 | 6,402,100 |
| Operating ROA | 3.85% | 3.35% | 2.56% | 3.33% | 3.63% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $306,000K ÷ $7,941,000K
= 3.85%
Based on the data provided for Avista Corporation's operating return on assets (operating ROA) over the five-year period from December 31, 2020, to December 31, 2024, the trend indicates some fluctuations in performance.
- In December 2020, the operating ROA stood at 3.63%, reflecting the company's ability to generate earnings from its operations relative to its total assets.
- By December 2021, the operating ROA had decreased slightly to 3.33%, indicating a potential decline in operational efficiency or profitability.
- The trend continued into December 2022, with the operating ROA falling to 2.56%, signaling a significant drop in the company's ability to generate returns from its assets.
- However, there was a notable improvement by December 2023, as the operating ROA increased to 3.35%, suggesting a potential rebound in operational performance.
- The most recent data point, December 2024, shows a further improvement in the operating ROA to 3.85%, indicating a recovery or enhanced efficiency in utilizing assets to generate profits.
Overall, the trend in Avista Corporation's operating ROA shows some variability, with fluctuations in performance levels over the five-year period. It would be essential for stakeholders to further investigate the factors driving these fluctuations to assess the company's operational effectiveness and profitability.
Peer comparison
Dec 31, 2024