Avista Corporation (AVA)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 183,000 | 137,550 | 137,985 | 159,365 | 136,539 |
| Revenue | US$ in thousands | 1,938,000 | 1,751,550 | 1,710,210 | 1,438,940 | 1,321,890 |
| Pretax margin | 9.44% | 7.85% | 8.07% | 11.08% | 10.33% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $183,000K ÷ $1,938,000K
= 9.44%
The pretax margin of Avista Corporation has shown some fluctuations over the past five years. It increased from 10.33% in December 2020 to 11.08% in December 2021, indicating improved profitability before considering taxes. However, there was a decrease to 8.07% in December 2022 and a further decline to 7.85% in December 2023. The pretax margin then rebounded to 9.44% by December 2024. These fluctuations suggest that Avista Corporation's ability to generate profits before taxes has varied, possibly influenced by factors such as operational efficiency, revenue changes, and cost management strategies. Further analysis would be required to understand the specific factors contributing to these fluctuations and their implications for the company's financial performance.
Peer comparison
Dec 31, 2024