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Avista AVA · USD

Utilities · US listing · 🇺🇸 United States

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40.06

-0.42%

Close of 9 Nov 2026, in USD

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About Avista

From its filings with the US Securities and Exchange Commission

SEC filings

Avista is based in Spokane, Washington and is incorporated in Washington. Its shares trade on NYSE under the ticker AVA. The SEC classifies its business as electric & other services combined. In the fiscal year to 31 December 2025, it reported revenue of $1.96bn and net income of $193.0m. At that date it held total assets of $8.36bn and shareholders' equity of $2.71bn.

In its own words

Avista Corp., incorporated in the territory of Washington in 1889, is primarily an electric and natural gas utility with certain other business ventures. Our corporate headquarters is in Spokane, Washington, the second-largest city in Washington. Spokane serves as the business, transportation, medical, industrial and cultural hub of the Inland Northwest region (eastern Washington and northern Idaho). Regional services include government and higher education, medical services, retail trade and finance. Through our subsidiary AEL&P, we also provide electric utility services in Juneau, Alaska.

We have other businesses, including venture fund investments, real estate investments, as well as certain other investments made by Avista Capital, which is a direct, wholly-owned subsidiary of Avista Corp. These activities do not represent a reportable business segment and are conducted by various direct and indirect subsidiaries of Avista Corp.

Total Avista Corp. shareholders’ equity was $2.7 billion as of December 31, 2025, which includes a $126 million investment in Avista Capital and a $129 million investment in AERC.

Quoted from its 10-K, filed 25 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Utilities
Industry
Multi-Utilities
Listed since
22 May 1981
Employees
1,929
Head office
1411 E MISSION AVE, SPOKANE, WA, 99202
Incorporated in
WA
Classification
Electric & Other Services Combined
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Scott MorrisIndependent Chairman of the Board, since 2000$328,334
  • Ms. Heather RosentraterPresident, Chief Executive Officer, Director, since 2015$1.7m
  • Mr. Donald BurkeIndependent Vice Chairman of the Board$278,334
  • Mr. Kevin ChristieChief Financial Officer, Treasurer, Senior Vice President and Regulatory Affairs Officer$1.4m
  • Mr. Bryan CoxChief People Officer, Senior Vice President - Safety
  • Mr. Gregory HeslerSenior Vice President, General Counsel, Corporate Secretary, Chief Ethics / Compliance Officer$1.0m
  • Mr. Wayne ManuelSenior Vice President - Operations and Technology$908,977
  • Mr. Jason ThackstonSenior Vice President - Growth, Energy Policy, and External Relations$1.3m
  • Mr. Ryan KrasseltPrincipal Accounting Officer, Vice President, Controller
  • Mr. Alexis AlexanderVice President, Chief Information Officer, Chief Security Officer
  • Mr. Joshua DilucianoVice President - Energy Delivery
  • Ms. Latisha HillVice President - Community Affairs, Chief Customer Officer

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
64
Environment
81
Social
70
Governance
42
Women in the workforce
28.9%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Avista Corp has a strong reputation in the energy industry, backed by its long history of providing reliable and affordable energy services.
  • The company has a diverse portfolio of assets, including hydroelectric, natural gas, and renewable energy sources, which enables it to adapt to changing market conditions.
  • Avista Corp has a solid financial position and stable cash flows, allowing it to invest in infrastructure upgrades and technology advancements.

Weaknesses

  • Avista Corp's heavy reliance on hydroelectric power exposes it to potential risks associated with fluctuating water levels and environmental regulations.
  • The company operates primarily in the Northwestern United States, limiting its geographic diversification and exposing it to regional economic trends.
  • Avista Corp faces competition from other energy providers and the growing threat of renewable energy alternatives, which may impact its market share.

Opportunities

  • The increasing demand for clean energy presents an opportunity for Avista Corp to expand its renewable energy generation capabilities and attract environmentally-conscious customers.
  • Advancements in technology and potential government incentives create opportunities for Avista Corp to invest in grid modernization, energy storage, and smart grid solutions.
  • Expansion into new markets or partnerships with other energy companies could help Avista Corp diversify its operations and mitigate regional economic risks.

Threats

  • Changing regulations and policies related to energy production and transmission pose a threat to Avista Corp's operations and profitability.
  • Market volatility and fluctuations in energy prices, both fossil fuels and renewables, could impact Avista Corp's financial performance.
  • Public perception and demand for sustainable energy practices may lead customers to switch to competitors offering greener alternatives, posing a threat to Avista Corp's market share.

Sources and methodology

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