Avista Corporation (AVA)

Pretax margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 183,000 181,892 174,813 163,134 137,550 143,264 126,693 125,473 137,985 119,320 133,895 139,913 159,365 169,901 166,702 159,764 136,539 126,230 125,454 139,195
Revenue (ttm) US$ in thousands 1,938,000 1,922,590 1,908,372 1,886,237 1,751,452 1,744,241 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
Pretax margin 9.44% 9.46% 9.16% 8.65% 7.85% 8.21% 7.35% 7.28% 8.07% 7.31% 8.54% 9.40% 11.08% 12.24% 12.22% 11.88% 10.33% 9.67% 9.52% 10.39%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $183,000K ÷ $1,938,000K
= 9.44%

The pretax margin of Avista Corporation has fluctuated over the period from March 31, 2020, to December 31, 2024. It started at 10.39% in March 2020, dipped to a low of 7.31% in September 2022, and gradually increased to 9.44% by December 2024. Overall, the pretax margin trend shows variability, with some quarters showing improvements while others experienced declines. This suggests that Avista Corporation's ability to generate profits before taxes has been inconsistent and impacted by various internal and external factors influencing its financial performance.