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Avista (Avista) 5-Year ROIIC % : 5.77% (As of Dec. 2023)


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What is Avista 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Avista's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 5.77%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Avista's 5-Year ROIIC % or its related term are showing as below:

AVA's 5-Year ROIIC % is ranked better than
60.32% of 504 companies
in the Utilities - Regulated industry
Industry Median: 3.545 vs AVA: 5.77

Avista 5-Year ROIIC % Historical Data

The historical data trend for Avista's 5-Year ROIIC % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avista 5-Year ROIIC % Chart

Avista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 4.02 1.02 2.08 5.77

Avista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.08 - - - 5.77

Competitive Comparison of Avista's 5-Year ROIIC %

For the Utilities - Diversified subindustry, Avista's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avista's 5-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Avista's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Avista's 5-Year ROIIC % falls into.



Avista 5-Year ROIIC % Calculation

Avista's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 320.695205 (Dec. 2023) - 222.4050738 (Dec. 2018) )/( 7617.111 (Dec. 2023) - 5913.303 (Dec. 2018) )
=98.2901312/1703.808
=5.77%***

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Avista  (NYSE:AVA) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Avista 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Avista's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Avista (Avista) Business Description

Traded in Other Exchanges
Address
1411 East Mission Avenue, Spokane, WA, USA, 99202-2600
Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.
Executives
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
James M Kensok officer: Vice President & CIO 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott L Morris officer: Sr. Vice President 1411 E MISSION AVE, SPOKANE WA 99202
David J Meyer officer: Sr. VP & General Counsel 1411 E MISSION AVE, SPOKANE WA 99202
Jason R Thackston officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Wayne O Manuel officer: Vice President 1411 E MISSION, SPOKANE WA 99202
Mark T Thies officer: Sr. Vice President & CFO 1411 E. MISSION AVENUE, SPOKANE WA 99202
Kevin B Jacobsen director, other: Incoming Board Member 1221 BROADWAY, OAKLAND CA 94612
Bryan Alden Cox officer: Vice President 1411 E MISSION AVENUE, SPOKANE WA 99202
Scott J Kinney officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Joshua D Diluciano officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Kevin J Christie officer: Vice President 1411 E MISSION AVE, SPOKANE WA 99202
Julie A. Bentz director, other: Incoming Board Member 1411 E MISSION AVE, SPOKANE WA 99202
Sena M Kwawu director, other: Incoming Board Member 1411 E MISSION AVENUE, SPOKANE WA 99202
Heidi B Stanley other: Director Nominee 1411 E MISSION AVE, SPOKANE WA 99220-3727