Question 1

What is Avista's P/FCF ratio?

Accepted Answer

Avista (AVA) P/FCF ratio is 8.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Avista?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Avista specifically, the relevant sector benchmark is the current sector median of 32.9×.

Question 5

Is Avista's P/FCF ratio high or low?

Accepted Answer

Avista's P/FCF ratio of 8.4× is below its own 5-year average of 673.7× and below the sector median of 32.9×. That places the current reading at the 28th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Avista's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Avista (AVA) P/FCF ratio has ranged from a low of 2.2× in 2002 to a high of 3396.1× in 2025. The 5-year average is 673.7× and the 5-year median is 103.8×.

Question 7

What was Avista's P/FCF ratio in 2025?

Accepted Answer

Avista (AVA) P/FCF ratio at the end of 2025 was 6.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Avista's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$3.14B	$469.00M	6.7×	-2925.1×	Dec 31, 2025
2024	$2.93B	$1.00M	2931.8×	—	Dec 31, 2024
2023	$2.79B	−$51.56M	—	—	Dec 31, 2023
2022	$3.32B	−$327.79M	—	—	Dec 31, 2022
2021	$3.04B	−$172.60M	—	—	Dec 31, 2021
2020	$2.78B	−$73.30M	—	—	Dec 31, 2020
2019	$3.22B	−$44.30M	—	—	Dec 31, 2019
2018	$2.79B	−$62.47M	—	—	Dec 31, 2018
2017	$3.34B	−$2.04M	—	—	Dec 31, 2017
2016	$2.57B	−$48.73M	—	—	Dec 31, 2016
2015	$2.21B	−$18.67M	—	—	Dec 31, 2015
2014	$2.20B	−$64.67M	—	—	Dec 31, 2014
2013	$1.69B	−$60.56M	—	—	Dec 31, 2013
2012	$1.44B	$40.58M	35.5×	-22.3×	Dec 31, 2012
2011	$1.51B	$26.09M	57.8×	+3.5×	Dec 31, 2011
2010	$1.29B	$23.78M	54.3×	+30.7×	Dec 31, 2010
2009	$1.18B	$50.28M	23.6×	—	Dec 31, 2009
2008	$1.06B	−$107.32M	—	—	Dec 31, 2008
2007	$1.14B	$42.55M	26.8×	-9.8×	Dec 31, 2007
2006	$1.33B	$36.38M	36.7×	—	Dec 31, 2006
2005	$864.16M	−$89.15M	—	—	Dec 31, 2005
2004	$856.61M	−$10.13M	—	—	Dec 31, 2004
2003	$876.14M	$13.56M	64.6×	+62.4×	Dec 31, 2003
2002	$556.04M	$247.72M	2.2×	—	Dec 31, 2002
2001	$630.78M	−$223.78M	—	—	Dec 31, 2001


Eversource Energy (ES)	110.1×
Constellation Energy (CEG)	86.9×
NextEra Energy (NEE)	82.1×
American States Water (AWR)	77.8×
Middlesex Water (MSEX)	63.1×
Vistra (VST)	52.9×
UGI (UGI)	32.9×
GE Vernova (GEV)	31.2×
FirstEnergy (FE)	16.3×
Duke Energy (DUK)	15.4×
Consolidated Edison (ED)	14.6×
American Electric Power Company (AEP)	11.5×

P/FCF Ratio for Avista (AVA)

P/FCF Ratio daily chart for Avista (AVA)

Historical P/FCF Ratio for Avista (AVA) from 2001 to 2025

About P/FCF Ratio at Avista (AVA)

Avista P/FCF Ratio by Year

Avista P/FCF Ratio 2025: 6.7×

Avista P/FCF Ratio 2024: 2931.8×

Avista P/FCF Ratio 2012: 35.5×

Avista P/FCF Ratio 2011: 57.8×

Avista P/FCF Ratio 2010: 54.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Avista (AVA) Key Financials

P/FCF Ratio daily chart for Avista (AVA)

Historical P/FCF Ratio for Avista (AVA) from 2001 to 2025

About P/FCF Ratio at Avista (AVA)

Avista P/FCF Ratio by Year

Avista P/FCF Ratio 2025: 6.7×

Avista P/FCF Ratio 2024: 2931.8×

Avista P/FCF Ratio 2012: 35.5×

Avista P/FCF Ratio 2011: 57.8×

Avista P/FCF Ratio 2010: 54.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Avista's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Avista?

+Is Avista's P/FCF ratio high or low?

+What is Avista's historical P/FCF ratio range?

+What was Avista's P/FCF ratio in 2025?

+Why does Avista's P/FCF ratio change over time?

Avista (AVA) Key Financials