Avista (AVA) FY2024 results: revenue $1.9 billion, up 10.6% on the year
Avista Corp. (AVA) reported revenue of $1.9 billion for fiscal 2024, the year ended 31 December 2024, up 10.6% on the year before. Net income was $180 million, up 5.2%, and diluted earnings per share $2.29. The figures are the company's own, from the 10-K it filed with the SEC on 26 February 2025.
Revenue
$1.9 billion
+10.6% on the year
FY2017FY2024
Operating margin
15.8%
14.7% a year earlier
FY2017FY2024
Net income
$180 million
+5.2% on the year
FY2017FY2024
Diluted EPS
$2.29
+2.2% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
534
447
124
+19.4%
Capital expenditure
533
499
452
+6.9%
Free cash flow
1.0
-51.6
-328
Free cash flow margin
0.1%
-2.9%
-19.2%
Cash from investing
-539
-510
-460
Cash from financing
0.0
84.9
327
Depreciation and amortisation
274
265
253
+3.2%
Share-based compensation
9.0
8.0
9.0
+12.5%
Dividends paid
150
141
129
+6.4%
Dividend per share
$1.90
$1.84
$1.76
+3.3%
Diluted shares, weighted
79m
76m
73m
+3.0%
Shares outstanding at period end
80m
78m
75m
+2.5%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
2,591
2,485
2,335
+4.3%
Debt
3,020
2,931
2,809
+3.0%
Operating lease liabilities
62.0
64.0
64.3
-3.1%
Finance lease liabilities
35.0
39.0
42.5
-10.3%
Other liabilities
2,233
2,183
2,167
+2.3%
Total liabilities and equity
7,941
7,702
7,417
+3.1%
Goodwill
52.0
52.0
52.4
0.0%
Cash and equivalents
30.0
35.0
13.4
-14.3%
Receivables
205
n/a
n/a
Inventory
193
160
108
+20.6%
Other assets
7,461
7,455
7,244
+0.1%
Total assets
7,941
7,702
7,417
+3.1%
10-K for the year ended 31 December 2024, filed 26 February 2025: the filing.