Avista Corporation (AVA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 99.39% | 100.38% | 100.38% | 100.38% | 100.38% | 99.58% | 99.56% | 99.53% | 99.51% | 99.03% | 99.00% | 98.98% | 98.96% | 99.96% | 99.96% | 99.96% | 98.50% | 98.51% | 98.45% | 98.39% |
| Operating profit margin | 14.71% | 12.73% | 11.80% | 10.67% | 11.12% | 12.07% | 12.87% | 14.07% | 15.86% | 17.65% | 18.27% | 18.77% | 17.60% | 16.76% | 16.75% | 16.84% | 15.64% | 15.83% | 16.15% | 16.91% |
| Pretax margin | 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% | 10.42% | 16.97% | 16.91% | 17.25% | 17.54% |
| 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% |
Avista Corp.'s profitability ratios indicate a consistent trend of moderate to strong performance over the past eight quarters. The gross profit margin has generally remained stable, ranging from 56.93% to 60.72%. This suggests that the company effectively manages its production and operational costs.
The operating profit margin has shown a slight fluctuation, but overall, it has maintained a healthy range of 10.67% to 14.71%. This indicates that Avista Corp. is efficiently controlling its operating expenses and generating satisfactory profits from its core business activities.
The pretax margin has varied between 7.28% and 9.40%, reflecting the company's ability to generate profits before accounting for taxes. The trend shows some volatility, which may be influenced by changes in the regulatory environment or other external factors impacting the company's income before taxes.
The net profit margin, which represents the company's bottom line profitability after all expenses are deducted, has generally been strong, ranging from 8.04% to 10.14%. This indicates that Avista Corp. is effectively managing its overall expenses, including interest and taxes, and translating its revenues into consistent net profits.
Overall, Avista Corp. demonstrates a solid profitability performance, with stable gross profit margins, efficient operational management reflected in the operating profit margins, and consistent net profit margins. However, monitoring any fluctuations in the pretax margin would be important for assessing the impact of external factors on the company's profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.35% | 2.97% | 2.76% | 2.49% | 2.56% | 2.79% | 2.91% | 2.97% | 3.33% | 3.64% | 3.75% | 3.94% | 3.63% | 3.48% | 3.50% | 3.65% | 3.46% | 3.59% | 3.75% | 3.97% |
| Return on assets (ROA) | 2.22% | 2.21% | 1.96% | 1.87% | 2.09% | 1.82% | 2.14% | 2.14% | 2.15% | 2.31% | 2.19% | 2.33% | 2.02% | 1.93% | 1.93% | 2.10% | 3.24% | 3.22% | 3.35% | 3.35% |
| Return on total capital | 7.19% | 6.33% | 5.80% | 3.74% | 4.12% | 4.36% | 4.46% | 4.62% | 5.63% | 6.12% | 6.51% | 6.19% | 5.79% | 5.68% | 6.00% | 8.32% | 8.76% | 11.24% | 11.45% | 11.75% |
| Return on equity (ROE) | 6.89% | 6.85% | 6.02% | 5.80% | 6.65% | 5.73% | 6.63% | 6.76% | 6.84% | 7.38% | 7.04% | 7.21% | 6.38% | 6.13% | 6.16% | 6.62% | 10.16% | 10.14% | 10.46% | 10.57% |
Avista Corp.'s profitability ratios have shown fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) has ranged from 2.49% to 3.35%. This ratio indicates the company's ability to generate operating income from its assets, with the highest performance in Q4 2023.
2. Return on assets (ROA) has ranged from 1.87% to 2.22%. This ratio measures the company's overall ability to generate profit from its assets, with a peak in Q4 2023.
3. Return on total capital has varied between 3.50% and 4.72%. This ratio evaluates the company's profitability in relation to its total capital employed, with the highest performance in Q4 2023.
4. Return on equity (ROE) has fluctuated between 5.80% and 6.89%. This ratio assesses the company's ability to generate profits from shareholders' equity, with the highest return recorded in Q4 2023.
Overall, Avista Corp. has shown a mixed performance in terms of profitability ratios, reflecting fluctuations in its ability to generate profits from assets, capital, and equity over the analyzed periods. Investors and stakeholders may want to further investigate the underlying reasons for these fluctuations to assess the company's overall financial health and future prospects.