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Side-by-side financial comparison of AVISTA CORP (AVA) and Loews Corporation (L). Click either name above to swap in a different company.

Loews Corporation is the larger business by last-quarter revenue ($827.0M vs $533.0M, roughly 1.6× AVISTA CORP). Loews Corporation runs the higher net margin — 48.6% vs 13.3%, a 35.3% gap on every dollar of revenue. On growth, Loews Corporation posted the faster year-over-year revenue change (4.8% vs 0.0%). Loews Corporation produced more free cash flow last quarter ($426.0M vs $-116.0M). Over the past eight quarters, Loews Corporation's revenue compounded faster (7.9% CAGR vs -6.5%).

Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a popul...

Loews Corporation is a diversified US-based conglomerate that operates across multiple key industry segments through its subsidiaries. Its core business lines include property and casualty insurance, natural gas pipeline transportation, hospitality services, and upstream oil and gas exploration and production, primarily serving commercial, consumer and industrial clients across North American markets.

AVA vs L — Head-to-Head

Bigger by revenue
L
L
1.6× larger
L
$827.0M
$533.0M
AVA
Growing faster (revenue YoY)
L
L
+4.8% gap
L
4.8%
0.0%
AVA
Higher net margin
L
L
35.3% more per $
L
48.6%
13.3%
AVA
More free cash flow
L
L
$542.0M more FCF
L
$426.0M
$-116.0M
AVA
Faster 2-yr revenue CAGR
L
L
Annualised
L
7.9%
-6.5%
AVA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVA
AVA
L
L
Revenue
$533.0M
$827.0M
Net Profit
$71.0M
$402.0M
Gross Margin
Operating Margin
21.0%
65.4%
Net Margin
13.3%
48.6%
Revenue YoY
0.0%
4.8%
Net Profit YoY
5.7%
115.0%
EPS (diluted)
$0.87
$1.93

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AVA
AVA
L
L
Q4 25
$533.0M
$827.0M
Q3 25
$403.0M
$732.0M
Q2 25
$411.0M
$769.0M
Q1 25
$617.0M
$846.0M
Q4 24
$532.8M
$789.0M
Q3 24
$393.7M
$683.0M
Q2 24
$402.1M
$711.0M
Q1 24
$609.4M
$710.0M
Net Profit
AVA
AVA
L
L
Q4 25
$71.0M
$402.0M
Q3 25
$29.0M
$504.0M
Q2 25
$14.0M
$391.0M
Q1 25
$79.0M
$370.0M
Q4 24
$67.2M
$187.0M
Q3 24
$18.5M
$401.0M
Q2 24
$22.9M
$369.0M
Q1 24
$71.5M
$457.0M
Operating Margin
AVA
AVA
L
L
Q4 25
21.0%
65.4%
Q3 25
14.9%
94.1%
Q2 25
13.9%
70.1%
Q1 25
20.3%
60.8%
Q4 24
19.1%
23.8%
Q3 24
12.4%
80.5%
Q2 24
13.5%
71.3%
Q1 24
16.6%
88.6%
Net Margin
AVA
AVA
L
L
Q4 25
13.3%
48.6%
Q3 25
7.2%
68.9%
Q2 25
3.4%
50.8%
Q1 25
12.8%
43.7%
Q4 24
12.6%
23.7%
Q3 24
4.7%
58.7%
Q2 24
5.7%
51.9%
Q1 24
11.7%
64.4%
EPS (diluted)
AVA
AVA
L
L
Q4 25
$0.87
$1.93
Q3 25
$0.36
$2.43
Q2 25
$0.17
$1.87
Q1 25
$0.98
$1.74
Q4 24
$0.86
$0.87
Q3 24
$0.23
$1.82
Q2 24
$0.29
$1.67
Q1 24
$0.91
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AVA
AVA
L
L
Cash + ST InvestmentsLiquidity on hand
$19.0M
$6.0B
Total DebtLower is stronger
$8.4B
Stockholders' EquityBook value
$2.7B
$18.7B
Total Assets
$8.4B
$86.3B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVA
AVA
L
L
Q4 25
$19.0M
$6.0B
Q3 25
$44.0M
$5.4B
Q2 25
$9.0M
$4.5B
Q1 25
$17.0M
$4.4B
Q4 24
$30.0M
$4.6B
Q3 24
$9.1M
$5.2B
Q2 24
$14.6M
$4.9B
Q1 24
$12.3M
$5.4B
Total Debt
AVA
AVA
L
L
Q4 25
$8.4B
Q3 25
$8.4B
Q2 25
$7.9B
Q1 25
$8.4B
Q4 24
$8.9B
Q3 24
$8.8B
Q2 24
$8.6B
Q1 24
$8.4B
Stockholders' Equity
AVA
AVA
L
L
Q4 25
$2.7B
$18.7B
Q3 25
$2.6B
$18.3B
Q2 25
$2.6B
$17.5B
Q1 25
$2.6B
$17.2B
Q4 24
$2.6B
$17.1B
Q3 24
$2.5B
$17.4B
Q2 24
$2.5B
$16.4B
Q1 24
$2.5B
$16.2B
Total Assets
AVA
AVA
L
L
Q4 25
$8.4B
$86.3B
Q3 25
$8.2B
$85.9B
Q2 25
$8.1B
$84.7B
Q1 25
$8.0B
$83.1B
Q4 24
$7.9B
$81.9B
Q3 24
$7.8B
$83.6B
Q2 24
$7.7B
$81.1B
Q1 24
$7.6B
$80.9B
Debt / Equity
AVA
AVA
L
L
Q4 25
0.45×
Q3 25
0.46×
Q2 25
0.45×
Q1 25
0.49×
Q4 24
0.52×
Q3 24
0.51×
Q2 24
0.52×
Q1 24
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AVA
AVA
L
L
Operating Cash FlowLast quarter
$75.0M
$617.0M
Free Cash FlowOCF − Capex
$-116.0M
$426.0M
FCF MarginFCF / Revenue
-21.8%
51.5%
Capex IntensityCapex / Revenue
35.8%
23.1%
Cash ConversionOCF / Net Profit
1.06×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$-101.0M
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVA
AVA
L
L
Q4 25
$75.0M
$617.0M
Q3 25
$170.0M
$920.0M
Q2 25
$40.0M
$1.0B
Q1 25
$184.0M
$736.0M
Q4 24
$89.8M
$941.0M
Q3 24
$127.2M
$934.0M
Q2 24
$126.8M
$952.0M
Q1 24
$190.1M
$198.0M
Free Cash Flow
AVA
AVA
L
L
Q4 25
$-116.0M
$426.0M
Q3 25
$37.0M
$764.0M
Q2 25
$-103.0M
$872.0M
Q1 25
$81.0M
$638.0M
Q4 24
$-37.8M
$767.0M
Q3 24
$-27.0M
$794.0M
Q2 24
$-5.7M
$793.0M
Q1 24
$71.4M
$39.0M
FCF Margin
AVA
AVA
L
L
Q4 25
-21.8%
51.5%
Q3 25
9.2%
104.4%
Q2 25
-25.1%
113.4%
Q1 25
13.1%
75.4%
Q4 24
-7.1%
97.2%
Q3 24
-6.9%
116.3%
Q2 24
-1.4%
111.5%
Q1 24
11.7%
5.5%
Capex Intensity
AVA
AVA
L
L
Q4 25
35.8%
23.1%
Q3 25
33.0%
21.3%
Q2 25
34.8%
17.4%
Q1 25
16.7%
11.6%
Q4 24
23.9%
22.1%
Q3 24
39.2%
20.5%
Q2 24
33.0%
22.4%
Q1 24
19.5%
22.4%
Cash Conversion
AVA
AVA
L
L
Q4 25
1.06×
1.53×
Q3 25
5.86×
1.83×
Q2 25
2.86×
2.57×
Q1 25
2.33×
1.99×
Q4 24
1.34×
5.03×
Q3 24
6.88×
2.33×
Q2 24
5.55×
2.58×
Q1 24
2.66×
0.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AVA
AVA

Segment breakdown not available.

L
L

Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services$601.0M73%
Lodging And Related Services$226.0M27%

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