Avista Corporation (AVA)

Return on equity (ROE)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	180,000	171,180	155,176	147,334	129,488
Total stockholders’ equity	US$ in thousands	2,591,000	2,485,320	2,334,670	2,154,740	2,029,730
ROE		6.95%	6.89%	6.65%	6.84%	6.38%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $180,000K ÷ $2,591,000K
= 6.95%

Avista Corporation's return on equity (ROE) has shown a relatively stable trend over the past five years. The ROE increased from 6.38% in 2020 to 6.95% in 2024, demonstrating a gradual improvement in the company's profitability relative to shareholders' equity. However, the ROE fluctuated slightly between 6.84% and 6.89% in the intervening years, indicating some variability in the company's ability to generate profits from its equity base. Overall, Avista Corporation's ROE performance suggests a moderate level of profitability and efficiency in utilizing its shareholders' investments during the analyzed period.