Avista Corporation (AVA)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	171,180	165,001	144,487	138,456	155,176	128,097	148,261	150,882	147,334	155,192	145,702	149,081	129,488	121,529	121,743	129,609	196,979	192,046	197,075	197,333
Total stockholders’ equity	US$ in thousands	2,485,320	2,409,890	2,400,420	2,385,310	2,334,670	2,234,850	2,237,490	2,233,300	2,154,740	2,101,640	2,069,970	2,068,590	2,029,730	1,982,850	1,975,040	1,959,100	1,939,280	1,893,570	1,884,030	1,867,310
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $171,180K ÷ $2,485,320K
= 6.89%

The return on equity (ROE) for Avista Corp. has shown stability over the past eight quarters, ranging from 5.73% to 6.89%. This indicates that the company has been able to generate a consistent level of profitability relative to shareholders' equity during this period.

Although there has been some fluctuation in the ROE figures, with Q4 2023 showing a slight increase compared to Q3 2023, the overall trend has been relatively steady. It is essential for investors to monitor Avista Corp.'s ROE to ensure that the company is effectively utilizing shareholder funds to generate returns. Further analysis, considering industry benchmarks and historical performance, would provide more context on the company's efficiency in generating profits from shareholder investments.