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Avista AVA Alaska Electric Light Power — Finance Lease Liability

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Other financials

Income statement

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Revenue$570.0M-7.6%
Operating income$134.0M+7.2%
Net income$92.0M+16.5%
EPS (diluted)$1.11+13.3%

Balance sheet

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Cash & equivalents$18.0M+5.9%
Total debt$416.0M+30.8%
Total equity$2.8B+4.8%
Total assets$8.4B+5.5%

Cash flow

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Operating cash flow$179.0M-2.7%
CapEx$150.0M+45.6%
Free cash flow$29.0M-64.2%

Valuation

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Market cap$3.22B+8.9%
Enterprise value$3.62B+11.3%
P/E15.6×-1.0×
P/S1.7×+0.2×

Profitability

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Operating margin18.9%+1.9pp
Net margin10.7%+1.1pp
FCF margin-8%

Returns & leverage

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Return on equity7.6%+0.4pp
Debt / equity0.1×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by Avista in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiability.

The source filing: Avista’s 10-Q, filed May 5, 2026.

Filed
May 4, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-204658
Line itemMarch 31, 2026 / Carrying ValueMarch 31, 2026 / Estimated Fair ValueDecember 31, 2025 / Carrying ValueDecember 31, 2025 / Estimated Fair Value
Long-term debt (Level 2)$1,100$928$1,100$953
Long-term debt (Level 3)1,6741,3311,6741,326
Snettisham finance lease obligation (Level 3)35323633
Long-term debt to affiliated trusts (Level 3)52475246

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Avista's alaska electric light power — finance lease liability?
Avista (AVA) reported alaska electric light power — finance lease liability of $35M in Q1 2026.
How has Avista's alaska electric light power — finance lease liability changed year-over-year?
Avista's alaska electric light power — finance lease liability decreased by 7.9% year-over-year, from $38M to $35M.
What is the long-term trend for Avista's alaska electric light power — finance lease liability?
Over 3 years (2022 to 2025), Avista's alaska electric light power — finance lease liability has grown at a -8.1% compound annual growth rate (CAGR), from $189.6M to $147M.
What does alaska electric light power — finance lease liability mean?
This metric quantifies the total present value of future lease payments for assets utilized by the segment that are classified as finance leases. It reflects the long-term financial obligations associated with leased infrastructure and equipment.

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