IDACORP is a holding company incorporated in 1998 under the laws of the state of Idaho. Its principal operating subsidiary is Idaho Power. IDACORP is subject to the provisions of the Public Utility Holding Company Act of 2005, which provides the FERC and state utility regulatory commissions with access to books and records and imposes record retention and reporting requirements on IDACORP. Idaho Power was incorporated under the laws of the state of Idaho in 1989 as the successor to a Maine corporation that was organized in 1915 and began operations in 1916. Idaho Power is an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity and is regulated by the state regulatory commissions of Idaho and Oregon and by the FERC. Idaho Power is the parent of IERCo, a joint-owner of BCC, which mines and supplies coal to the Jim Bridger plant owned in part by Idaho Power.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 1.7B | 1.7B | 1.8B | 1.6B | 1.6B | 1.4B |
| Net Income | 323M | 323M | 289M | 261M | 259M | 246M |
| EPS | $5.90 | $5.90 | $5.50 | $5.14 | $5.11 | $4.85 |
| Free Cash Flow | -577M | -577M | -415M | -344M | -81M | 63M |
| ROIC | 5.4% | 5.5% | 5.4% | 5.6% | 6.2% | 6.6% |
| Gross Margin | - | - | - | - | - | - |
| Debt/Equity | 0.97 | 0.97 | 0.92 | 0.97 | 0.78 | 0.75 |
| Dividends/Share | $3.44 | $3.46 | $3.35 | $3.20 | $3.04 | $2.88 |
| Operating Income | 354M | 354M | 328M | 313M | 327M | 330M |
| Operating Margin | 20.3% | 20.3% | 18.5% | 19.1% | 21.0% | 23.8% |
| ROE | 9.1% | 9.4% | 9.3% | 9.1% | 9.5% | 9.4% |
| Shares Outstanding | 55M | 55M | 53M | 51M | 51M | 51M |
IDACORP INC passes 2 of 9 quality checks, indicating weak fundamentals.
IDACORP INC trades at 24.6x trailing earnings, compared to its 15-year median P/E of 18.5x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 5.9%. Total shareholder yield (dividends) is 2.4%. At current prices, the estimated annualized return to fair value is -19.6%.
IDACORP INC (IDA) has a current P/E ratio of 24.6, compared to its historical median P/E of 18.5. The stock is currently considered Expensive based on its historical valuation range.
IDACORP INC (IDA) has a 5-year average return on invested capital (ROIC) of 5.9%. This is below average and may indicate limited pricing power.
IDACORP INC (IDA) has a market capitalization of $8.0B. It is classified as a mid-cap stock.
Yes, IDACORP INC (IDA) pays a dividend with a trailing twelve-month yield of 2.37%. The company also returns capital through share buybacks, with a buyback yield of 0.04%.
Based on historical P/E analysis, IDACORP INC (IDA) appears expensive. The current P/E of 24.6 is 33% above its historical median of 18.5. The estimated fair value CAGR (P/E method) is 3.7%.
IDACORP INC (IDA) operates in the Electric Services industry, within the Utilities sector.
IDACORP INC (IDA) reported annual revenue of $1.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
IDACORP INC (IDA) has a net profit margin of 18.5%. This is a healthy margin.
IDACORP INC (IDA) generated $-577 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
IDACORP INC (IDA) has a debt-to-equity ratio of 0.97. This indicates moderate leverage.
IDACORP INC (IDA) reported earnings per share (EPS) of $5.90 in its most recent fiscal year.
IDACORP INC (IDA) has a return on equity (ROE) of 9.4%. This indicates moderate shareholder returns.
The Ledger Terminal provides 17 years of financial data for IDACORP INC (IDA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
IDACORP INC (IDA) has a book value per share of $65.15, based on its most recent annual SEC filing.