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Avista (Avista) Pretax Margin % : 12.90% (As of Dec. 2023)


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What is Avista Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avista's Pre-Tax Income for the three months ended in Dec. 2023 was $67 Mil. Avista's Revenue for the three months ended in Dec. 2023 was $517 Mil. Therefore, Avista's pretax margin for the quarter that ended in Dec. 2023 was 12.90%.

The historical rank and industry rank for Avista's Pretax Margin % or its related term are showing as below:

AVA' s Pretax Margin % Range Over the Past 10 Years
Min: 7.85   Med: 12.07   Max: 16.95
Current: 7.85


AVA's Pretax Margin % is ranked worse than
59.92% of 514 companies
in the Utilities - Regulated industry
Industry Median: 10.275 vs AVA: 7.85

Avista Pretax Margin % Historical Data

The historical data trend for Avista's Pretax Margin % 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 Pretax Margin % Chart

Avista Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.95 10.33 11.08 8.07 7.85

Avista Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % 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 14.20 10.16 3.07 2.88 12.90

Competitive Comparison of Avista's Pretax Margin %

For the Utilities - Diversified subindustry, Avista's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Avista's Pretax Margin % falls into.



Avista Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Avista's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=137.55/1751.554
=7.85 %

Avista's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=66.729/517.36
=12.90 %

* 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.


Avista  (NYSE:AVA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Avista Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Avista's Pretax Margin % 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