Avista Corporation (AVA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 21.86% | 21.16% | 21.57% | 30.24% | 40.84% | 39.22% | 57.91% | 56.93% | 56.97% | 59.45% | 60.72% | 63.08% | 65.45% | 67.60% | 68.75% | 69.99% | 69.85% | 69.99% | 68.76% | 67.74% |
| Operating profit margin | 15.79% | 15.78% | 15.34% | 14.96% | 14.71% | 15.02% | 14.12% | 13.80% | 14.28% | 12.93% | 13.76% | 14.07% | 15.86% | 17.65% | 18.27% | 18.77% | 17.60% | 16.76% | 16.75% | 16.84% |
| 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% |
| Net profit margin | 9.29% | 10.25% | 10.12% | 9.96% | 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% |
Avista Corporation's profitability ratios have shown some fluctuations over the past few years. The gross profit margin decreased from 67.74% in March 2020 to 21.86% in December 2024. This decline indicates a decrease in the percentage of revenue retained after accounting for the cost of goods sold.
Similarly, the operating profit margin decreased from 16.84% in March 2020 to 15.79% in December 2024. This indicates a reduction in the percentage of revenue remaining after subtracting operating expenses.
The pretax margin also experienced a decrease from 10.39% in March 2020 to 9.44% in December 2024. This reduction in the percentage of profit before taxes relative to revenue suggests inefficiencies in managing expenses or generating revenue.
Lastly, the net profit margin declined from 9.68% in March 2020 to 9.29% in December 2024. This downward trend indicates a decrease in the percentage of net income relative to revenue, highlighting potential challenges in cost management or revenue generation.
Overall, the decreasing trend in profitability ratios for Avista Corporation suggests potential challenges in cost control and revenue generation, which may warrant further analysis and strategic interventions to improve financial performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.85% | 3.90% | 3.81% | 3.69% | 3.35% | 3.51% | 3.30% | 3.22% | 3.29% | 2.99% | 3.11% | 2.97% | 3.33% | 3.64% | 3.75% | 3.94% | 3.63% | 3.48% | 3.50% | 3.65% |
| Return on assets (ROA) | 2.27% | 2.53% | 2.51% | 2.46% | 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% |
| Return on total capital | 12.68% | 12.90% | 12.54% | 12.08% | 11.15% | 11.56% | 10.68% | 10.40% | 10.83% | 10.25% | 10.74% | 10.92% | 12.14% | 12.57% | 12.58% | 12.26% | 11.37% | 11.24% | 11.26% | 11.59% |
| Return on equity (ROE) | 6.95% | 7.79% | 7.64% | 7.45% | 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% |
Avista Corporation's profitability ratios show a mix of performance over the last few years.
- The Operating return on assets (Operating ROA) has fluctuated, ranging from a low of 2.97% on March 31, 2022, to a high of 3.94% on March 31, 2021. The ratio has generally stayed within a narrow range, indicating a consistent level of operating profitability relative to its total assets.
- The Return on assets (ROA) ratio has also varied, with a low of 1.82% on September 30, 2022, and a high of 2.53% on September 30, 2024. This ratio reflects the company's overall ability to generate profit from its assets, and the fluctuation may indicate changes in asset utilization efficiency over time.
- The Return on total capital has seen fluctuations as well, from a low of 10.25% on September 30, 2022, to a high of 12.90% on September 30, 2024. This ratio evaluates the company's efficiency in generating returns from its total capital employed, including both debt and equity financing.
- The Return on equity (ROE) ratio has also shown variability, with values ranging from 5.73% on September 30, 2022, to 7.79% on September 30, 2024. ROE measures the company's ability to generate profit from shareholder equity, and the changes in this ratio may indicate shifts in the company's financial leverage and performance.
Overall, Avista Corporation's profitability ratios display a mixed performance, with some fluctuations in profitability metrics over the period analyzed. It would be beneficial for stakeholders to further investigate the factors driving these changes in profitability to assess the company's long-term financial health and sustainability.