AeroVironment, Inc.

AVAV Industrials Aerospace & Defense

AeroVironment, Inc.’s revenue for fiscal 2026 (year ended April 2026) was $2.0 billion, up 140.9% from fiscal 2025. In the quarter to July 2026, revenue grew 5.68%, EPS grew 93.1%, free cash flow grew 76.9% and total debt was flat, each against the same quarter a year earlier. Revenue growth for five consecutive years.

121.94 5.19 −4.08%
Market cap
$6.5B
P/E
0.0×
Fwd P/E
172×
Dividend yield
—
F-score
2/9
Altman Z
4.84
Beneish M
−1.03
Dividend safety
n/a
Apr '26 Apr '25 Apr '24 Apr '23 Apr '22 Apr '21 Apr '20 Apr '19 Apr '18 Apr '17
Piotroski F-Score
2 1 6 6 1 3 4 7 6 3
P/E ratio
0.00 97.13 71.98 0.00 0.00 113.78 34.83 34.11 64.12 52.85
Altman Z-Score
4.84 12.54 15.20 6.28 5.22 6.54 14.04 23.66 14.26 10.12
P/S ratio
4.84 5.17 6.06 4.71 4.75 6.72 3.91 5.16 4.77 2.82
Altman Z″-Score (non-manufacturers)
4.82 7.56 8.08 4.16 5.17 5.74 14.40 18.25 13.42 14.60
P/FCF ratio
0.00 0.00 0.00 0.00 0.00 35.69 109.86 94.60 21.55 0.00
Beneish M-Score
(1.03) (2.03) (1.63) (3.58) (2.17) (1.72) (1.33) (2.39) (3.13) (1.99)
P/Operating CF
100.23 (16,081.21) (372.38) 979.64 156.09 350.65 143.01 80.92 33.66 106.64
P/B ratio
2.18 4.79 5.28 4.62 3.48 4.34 2.81 3.51 3.13 1.72
Price to Tangible BV
9.80 7.31 9.15 7.80 11.98 13.85 2.93 3.51 3.13 1.72
EV/Sales
4.90 5.17 6.00 4.71 4.94 6.76 3.11 4.13 3.81 1.97
EV/EBITDA
47.15 41.88 39.61 32.51 42.38 42.38 20.03 31.31 28.07 17.75
EV/Operating CF
(123.46) (3,220.47) 281.23 223.39 (228.97) 30.87 45.51 48.21 14.64 (55.54)
EV/FCF
(58.27) (165.58) (467.91) (583.02) (67.13) 35.92 87.46 75.75 17.21 (25.23)
Quick Ratio
3.47 2.52 2.37 2.69 2.63 3.27 6.75 9.10 5.33 5.88
Current Ratio
4.30 3.52 3.56 3.93 3.64 4.18 7.53 10.47 6.43 7.37
Net Debt/EBITDA
0.47 (0.11) (0.43) 0.01 1.65 0.27 (5.13) (7.79) (7.06) (7.73)
Debt/Assets
12.75% 2.68% 2.67% 16.18% 20.55% 21.27% 1.75% 0.00% 0.00% 0.04%
Debt/Equity
0.17 0.03 0.03 0.24 0.31 0.32 0.02 0.00 0.00 0.00
Asset Turnover
0.58 0.77 0.78 0.62 0.48 0.52 0.67 0.64 0.59 0.55
Operating CF/Net income
0.30 (0.03) 0.26 (0.06) 2.30 3.71 0.61 0.57 3.91 (0.63)
Capex/Depreciation
(0.17) (0.38) (0.67) (0.06) (0.36) (0.57) (1.13) (1.16) (1.60) (1.78)
Interest Coverage
(55.41) 18.64 17.02 (19.07) (1.82) 70.09 9.76 7.24 13.58 12.83
ROE
(10.03%) 5.10% 8.69% (30.40%) (0.69%) 4.16% 8.45% 10.88% 4.52% 3.52%
ROA
(7.76%) 4.08% 6.48% (20.27%) (0.45%) 3.08% 7.51% 9.66% 3.94% 3.11%
ROIC
(4.32%) 2.91% 5.78% (20.25%) (0.89%) 4.30% 13.55% 15.17% 12.52% 7.11%
Return on Tangible Assets
(16.39%) 8.99% 14.30% (44.56%) (1.27%) 6.40% 8.96% 10.74% 5.02% 4.07%
Average Days of Receivables
164.84 174.62 137.39 130.52 134.96 124.11 148.56 98.63 100.20 129.71
Research and Development Expense of Revenue
6.46% 12.27% 13.63% 11.89% 12.27% 13.61% 12.65% 10.89% 9.85% 12.21%
Selling, General and Administrative Expense of Revenue
22.42% 19.35% 15.96% 24.40% 21.63% 17.09% 16.20% 19.20% 18.93% 20.44%
Intangible Assets out of Total Assets
0.60 0.27 0.34 0.27 0.47 0.45 0.03 0.00 0.00 0.00
Share Based Compensation of Revenue
1.94% 2.62% 2.38% 1.99% 1.21% 1.76% 1.70% 2.22% 1.85% 1.46%
Graham Net Nets
0.06 0.09 0.07 0.08 0.03 0.03 0.30 0.26 0.26 0.46
Graham Number
0.00 33.32 38.87 0.00 0.00 23.57 28.87 29.73 18.26 14.19
Earnings Yield
(2.78%) 1.03% 1.39% (6.84%) (0.21%) 0.88% 2.87% 2.93% 1.56% 1.89%
Free Cash Flow Yield
(1.74%) (0.60%) (0.21%) (0.17%) (1.55%) 2.80% 0.91% 1.06% 4.64% (2.76%)
Revenue per Share
40.27 29.29 26.35 21.58 18.06 16.42 15.43 13.28 11.44 10.11
Operating CF per Share
(1.60) (0.05) 0.56 0.46 (0.39) 3.60 1.05 1.14 2.98 (0.36)
Capex per Share
(1.76) (0.81) (0.90) (0.59) (0.90) (0.47) (0.47) (0.38) (0.41) (0.39)
Free Cash Flow per Share
(3.35) (0.86) (0.34) (0.14) (1.29) 3.13 0.59 0.76 2.57 (0.75)
Cash per Share
12.88 1.46 2.69 5.30 4.13 7.51 12.71 13.66 10.96 8.67
Shareholders Equity per Share
89.64 31.64 30.24 22.00 24.64 25.45 21.42 19.55 17.43 16.57
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
89.64 31.64 30.24 22.00 24.64 25.45 21.42 19.55 17.43 16.57
Free Cash Flow
(164.62) (24.13) (9.19) (3.47) (31.91) 75.27 13.96 18.05 60.27 (17.27)
Working Capital
1,451.19 434.36 370.70 355.67 267.52 305.45 436.97 424.72 336.96 306.02
Capital Expenditures
(86.22) (22.82) (24.48) (14.87) (22.29) (11.26) (11.14) (8.90) (9.56) (9.02)
Net Current Asset Value
574.08 372.46 322.47 203.40 62.92 85.18 428.87 423.32 334.69 303.78
EV/EBIT
0.00 104.05 59.88 0.00 0.00 61.67 24.23 38.41 33.59 22.07
Capex to Sales
0.04 0.03 0.03 0.03 0.05 0.03 0.03 0.03 0.04 0.04
Price to Operating Income
0.00 104.07 60.52 0.00 0.00 61.28 30.43 47.96 42.04 31.69
Other line items
Depreciation/Fixed assets
3.10 1.19 0.79 6.46 0.99 0.33 0.46 0.45 0.31 0.32
Cash ROIC
(2.86%) (2.52%) (1.00%) (0.42%) (3.55%) 7.60% 1.70% 2.30% 9.05% (2.97%)
Accounts Receivable Turnover
3.08 2.48 3.10 3.02 2.98 2.78 3.13 3.96 3.43 2.95
Accounts Payable Turnover
12.67 8.31 10.87 14.51 13.81 10.31 11.96 9.96 8.63 8.11
Inventory Turnover
6.46 3.41 3.00 3.20 3.75 3.93 4.30 4.06 4.10 3.48
Average Days of Payables
39.69 52.69 40.73 31.18 23.07 39.36 33.84 31.36 48.46 42.59
Days of Inventory on Hand
77.36 104.77 126.65 138.05 108.64 113.52 77.59 106.15 84.98 109.60
Average Receivables
642.69 331.19 231.53 179.05 149.54 141.89 117.21 79.30 78.26 78.89
Average Payables
116.48 60.38 39.83 25.30 22.04 22.35 17.92 18.66 18.62 16.80
Average Inventory
228.47 147.13 144.49 114.72 81.14 58.59 49.80 45.74 39.17 39.20
Average Assets
3,418.65 1,068.21 920.22 869.39 921.38 756.76 546.90 491.13 452.96 421.58
Average Common Equity
2,643.45 854.63 686.86 579.59 610.16 561.00 486.24 435.82 395.62 371.86

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