IDACORP Inc. (IDA) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$1.78	$1.79	+0.6%	—	—	—
Q3 26	$1.1	$1.21	+10.0%	—	—	—
Q2 26	$2.26	$2.26	0.0%	—	—	—
Q1 26	$1.78	$1.76	-1.1%	—	—	—
Q4 25	$1.05	$1.1	+4.8%	—	—	—
Q3 25	$0.63	$0.7	+11.1%	—	—	—
Q2 25	$2.18	$2.12	-2.8%	—	—	—
Q1 25	$1.38	$1.71	+23.9%	—	—	—
Q4 24	$1.14	$0.95	-16.7%	—	—	—
Q3 24	$0.6	$0.61	+1.7%	—	—	—
Q2 24	$1.96	$2.07	+5.6%	—	—	—
Q1 24	$1.3	$1.35	+3.8%	—	—	—
Q4 23	$0.95	$1.11	+16.8%	—	—	—
Q3 23	$0.84	$0.83	-1.2%	—	—	—
Q2 23	$2.05	$2.1	+2.4%	—	—	—
Q1 23	$1.31	$1.27	-3.1%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$5.96	—	—	$1.8B	—
FY24	—	$5.5	—	—	$1.8B	—
FY23	—	$5.15	—	—	$1.8B	—
FY22	—	$5.11	—	—	$1.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$1.3B	$1.3B	$1.4B	$1.3B	$1.4B	$1.5B	$1.6B	$1.8B	$1.8B	$1.8B
YoY change	-0.65%	+6.93%	+1.58%	-1.78%	+0.32%	+7.95%	+12.7%	+7.44%	+3.41%	-0.75%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	1.3B	1.3B	1.4B	1.3B	1.4B	1.5B	1.6B	1.8B	1.8B	1.8B
Cost of revenue	946.6M	994.8M	1.1B	1B	1B	1.1B	1.3B	1.4B	1.5B	1.5B
Gross profit	315.4M	354.7M	299.4M	301.1M	312.2M	332.2M	330.1M	316.8M	331.9M	358.8M
Gross margin	25%	26.3%	21.8%	22.4%	23.1%	22.8%	20.1%	17.9%	18.2%	19.8%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.8M	11.2M	15.8M	11M	11.9M	15.2M	9.2M	6.5M	—	—
Operating expenses	10.8M	16.2M	18.3M	13.7M	14.5M	17.8M	12.1M	9.9M	4M	4.8M
Operating income	271.8M	304.4M	281.1M	287.4M	297.7M	314.4M	318M	307M	327.8M	354M
Operating margin	21.5%	22.6%	20.5%	21.3%	22%	21.6%	19.3%	17.4%	17.9%	19.5%
Non-operating income, net	44.8M	41.2M	49.7M	57M	56.4M	53.7M	62.8M	83.4M	90.5M	100.8M
Pretax income	234.5M	261.8M	244.9M	257.8M	266.7M	282.8M	297.4M	289.2M	305M	310.4M
Income tax	36.4M	48.7M	17.4M	24.5M	28.7M	36.9M	37.8M	27.3M	15.1M	-13.7M
Net income	198.1M	213.2M	227.5M	233.3M	238M	245.9M	259.6M	261.9M	290M	324.1M
Net margin	15.7%	15.8%	16.6%	17.3%	17.6%	16.9%	15.8%	14.8%	15.9%	17.9%
EBITDA	434.8M	484.8M	467.2M	478.7M	492.6M	512.2M	515.9M	553.9M	605.5M	661.3M
EPS	3.94	4.22	4.5	4.61	4.7	4.85	5.11	5.15	5.5	5.96
Diluted EPS	3.94	4.21	4.49	4.61	4.69	4.85	5.11	5.14	5.5	5.9

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	510.9M	412M	448.9M	451M	528.5M	398.1M	432.5M	450.9M	524.4M	405.2M	403.4M	469.8M
Cost of revenue	383.9M	374.3M	398.6M	347M	394.1M	355M	376.9M	349.7M	378.4M	349.2M	321.5M	338.1M
Gross profit	127M	37.7M	50.3M	104M	134.4M	43.1M	55.6M	101.2M	146M	56.1M	81.9M	131.7M
Gross margin	24.9%	9.15%	11.2%	23.1%	25.4%	10.8%	12.8%	22.4%	27.8%	13.8%	20.3%	28%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	—	—	—	—	—	—	—	—	—	—	—	—
Operating expenses	694K	911K	696K	752K	698K	1.9M	627K	636K	1.2M	2.4M	740K	1.2M
Operating income	126.3M	30.3M	49.6M	103.3M	133.7M	41.3M	54.9M	100.6M	144.8M	53.7M	81.2M	130.5M
Operating margin	24.7%	7.35%	11%	22.9%	25.3%	10.4%	12.7%	22.3%	27.6%	13.2%	20.1%	27.8%
Non-operating income, net	23.2M	17M	25.9M	27.1M	30.6M	6.8M	29.3M	31.3M	32.4M	7.8M	31.4M	34M
Pretax income	119.4M	29.7M	42.7M	97.9M	130.2M	34.2M	47.2M	89.4M	132.3M	41.5M	68.5M	117.1M
Income tax	13.8M	-1.7M	-5.5M	8.1M	16.4M	-3.8M	-12.5M	-6.7M	7.7M	-2.3M	411K	14.2M
Net income	105.6M	31.4M	48.3M	89.8M	113.8M	38M	59.7M	96.1M	124.6M	43.7M	68.1M	102.9M
Net margin	20.7%	7.61%	10.8%	19.9%	21.5%	9.54%	13.8%	21.3%	23.8%	10.8%	16.9%	21.9%
EBITDA	190.4M	96.3M	119.6M	173M	206.7M	106.3M	130.6M	179.5M	228.3M	122.9M	161M	214.9M
EPS	2.08	—	0.95	1.72	2.13	—	1.1	1.77	2.3	—	1.24	1.84
Diluted EPS	2.07	—	0.95	1.71	2.12	—	1.1	1.76	2.26	—	1.21	1.79

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	4.1B	4.6B	4.7B	5.4B	4.9B	5.7B	5.5B	5B	5.7B	6.9B	7.5B
Enterprise value	5.8B	6.3B	6.3B	7B	6.6B	7.5B	7.5B	7.5B	8.4B	10.3B	11.4B
Shares outstanding	50.3M	50.4M	50.4M	50.5M	50.5M	50.6M	50.7M	50.7M	52.5M	54.2M	54.2M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	20.5	21.6	20.6	23.1	20.4	23.3	21	19	19.8	21.2	21.4
P/S	3.21	3.41	3.42	4.01	3.59	3.93	3.32	2.82	3.14	3.79	4.13
P/B	1.88	2.04	1.98	2.18	1.89	2.14	1.94	1.71	1.72	1.92	1.92
EV/EBITDA	13.2	12.9	13.4	14.6	13.3	14.7	14.5	13.5	13.9	15.6	16.9
EV/Sales	4.56	4.65	4.57	5.21	4.85	5.16	4.55	4.24	4.62	5.69	6.34
Earnings yield	4.89%	4.63%	4.85%	4.33%	4.9%	4.29%	4.75%	5.25%	5.05%	4.72%	4.68%
FCF yield	1.17%	3.25%	4.55%	1.63%	1.59%	1.1%	-1.49%	-6.9%	-7.23%	-8.41%	-16.4%
PEG	—	—	—	—	—	—	—	—	—	—	5.4

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	25%	26.3%	21.8%	22.4%	23.1%	22.8%	20.1%	17.9%	18.2%	19.8%	28%
Operating margin	21.5%	22.6%	20.5%	21.3%	22%	21.6%	19.3%	17.4%	17.9%	19.5%	27.5%
Net margin	15.7%	15.8%	16.6%	17.3%	17.6%	16.9%	15.8%	14.8%	15.9%	17.9%	18.8%
ROE	9.18%	9.45%	9.58%	9.44%	9.27%	9.19%	9.22%	8.99%	8.69%	9.06%	9.44%
ROA	3.15%	3.53%	3.56%	3.51%	3.35%	3.41%	3.44%	3.09%	3.14%	3.17%	2.43%
ROIC	5.94%	6.31%	6.62%	6.36%	6.23%	6.13%	5.74%	5.14%	5.16%	5.04%	5.03%
Return on tangible assets	3.16%	3.53%	3.56%	3.51%	3.35%	3.41%	3.44%	3.09%	3.14%	3.17%	3.12%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.76	2.21	2.31	1.51	2.23	1.83	1.26	1.58	1.41	0.93	0.99
Quick ratio	1.32	1.65	1.91	1.2	1.9	1.54	1.07	1.33	1.06	0.68	0.75
Debt / equity	0.82	0.77	0.77	0.74	0.78	0.75	0.78	0.97	0.92	1.02	1.06
Debt / assets	0.28	0.29	0.29	0.28	0.28	0.28	0.29	0.33	0.33	0.36	0.37
Net debt / EBITDA	3.92	3.44	3.35	3.38	3.45	3.49	3.91	4.51	4.47	5.21	5.4
Interest coverage	3.86	4.13	3.85	3.98	4.05	4.26	4.33	3.48	3.24	2.85	2.99
Effective tax rate	15.5%	18.6%	7.1%	9.5%	10.8%	13.1%	12.7%	9.44%	4.94%	0%	5.59%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	25.1	26.8	27.2	26.7	26.7	28.8	32.5	34.8	34.8	33.4	32.9
EPS (basic)	3.94	4.22	4.5	4.61	4.7	4.85	5.11	5.15	5.5	5.96	5.96
EPS (diluted)	3.94	4.21	4.49	4.61	4.69	4.85	5.11	5.14	5.5	5.9	6.03
Book value per share	42.9	44.8	47.1	48.9	50.8	52.9	55.6	57.5	63.5	66	67.3
FCF per share	0.94	2.97	4.24	1.74	1.53	1.25	-1.6	-6.78	-7.9	-10.6	-17
Cash per share	1.22	1.52	5.3	4.3	5.94	4.25	3.51	6.46	7.02	3.98	1.45
Capex per share	5.9	5.67	5.51	5.52	6.15	5.93	8.54	12	19.2	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	23.5%	21.2%	20.3%	20.7%	23%	20.6%	26.3%	34.6%	55.3%	—	—
Capex / operating cash flow	102.9%	69.6%	67.6%	82.2%	87.2%	92.8%	133.5%	242%	182.1%	—	—
Payout ratio	53%	53.1%	53.4%	55.6%	57.9%	59.4%	59.4%	62.4%	60.9%	58.1%	58%
Dividend yield	2.59%	2.46%	2.59%	2.4%	2.84%	2.55%	2.82%	3.28%	3.08%	2.75%	2.73%

Yield

2.73%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.88

ex-dividend Aug 5, 2026

Payout ratio

58%

of earnings

Dividend growth

14 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 5, 2026	$0.88
May 5, 2026	$0.88
Feb 5, 2026	$0.88

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$510.9M	$412M	$448.9M	$451M	$528.5M	$398.1M	$432.5M	$450.9M	$524.4M	$405.2M	$403.4M	$469.8M
YoY change	-1.37%	-2.6%	+4.49%	+8.99%	+3.45%	-3.36%	-3.67%	-0.04%	-0.78%	+1.79%	-6.72%	+4.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	61.5M	76.6M	267.5M	217.3M	300.1M	215.2M	177.6M	327.4M	368.9M	215.7M
Receivables	71.6M	75.2M	77.2M	72.7M	72.8M	78.8M	114.2M	107.3M	114.8M	97.7M
Inventory	111.6M	112.4M	103M	114.1M	96.6M	95.6M	107.2M	160.5M	244.7M	226.4M
Total current assets	440.3M	443.6M	597.6M	565.1M	642.4M	595.9M	693.7M	1B	988.5M	833.4M
Property, plant & equipment	-1.6B	-1.6B	-1.7B	-1.6B	-1.6B	-1.6B	-1.7B	-1.6B	-1.5B	-620.9M
Goodwill & intangibles	19M	—	—	—	—	—	—	—	—	—
Total assets	6.3B	6B	6.4B	6.6B	7.1B	7.2B	7.5B	8.5B	9.2B	10.2B
Accounts payable	106.2M	90.3M	110.8M	110.7M	120.6M	146M	292.7M	308.5M	307.1M	344.9M
Short-term debt	22.9M	—	—	100M	—	—	—	49.8M	19.9M	116.3M
Total current liabilities	249.7M	200.7M	258.6M	374.9M	287.6M	325.6M	548.6M	634.1M	700.8M	897.8M
Long-term debt	1.7B	1.7B	1.8B	1.7B	2B	2B	2.2B	2.8B	3.1B	3.5B
Total liabilities	4.1B	3.8B	4B	4.2B	4.5B	4.5B	4.7B	5.6B	5.9B	6.6B
Shareholders' equity	2.2B	2.3B	2.4B	2.5B	2.6B	2.7B	2.8B	2.9B	3.3B	3.6B
Total debt	1.8B	1.7B	1.8B	1.8B	2B	2B	2.2B	2.8B	3.1B	3.7B
Net debt	1.7B	1.7B	1.6B	1.6B	1.7B	1.8B	2B	2.5B	2.7B	3.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	445.5M	327.4M	157.6M	169.6M	427.9M	368.9M	634.5M	474.5M	333.2M	215.7M	337.8M	83.6M
Receivables	135M	107.3M	116M	132.4M	152.5M	114.8M	131.4M	128.1M	139.1M	97.7M	99.4M	111.7M
Inventory	152.6M	160.5M	180.3M	200M	219.6M	244.7M	246M	249.5M	237M	226.4M	228.3M	228.4M
Total current assets	1B	1B	780.3M	814.4M	1B	988.5M	1.2B	1.1B	960.4M	833.4M	1B	944.6M
Property, plant & equipment	-1.6B	-1.6B	-1.5B	-1.4B	-1.4B	-1.5B	-1.4B	-1.1B	-978.1M	-620.9M	-401.6M	-550.1M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	8.3B	8.5B	8.3B	8.7B	9.1B	9.2B	9.6B	9.9B	10.1B	10.2B	10.6B	10.9B
Accounts payable	227.3M	308.5M	199.7M	205.6M	241.2M	307.1M	267.4M	275.9M	317.4M	344.9M	281.4M	341.3M
Short-term debt	—	49.8M	49.8M	49.8M	69.7M	19.9M	—	—	116.3M	116.3M	116.3M	116.3M
Total current liabilities	488.9M	634.1M	505.4M	525.6M	606.2M	700.8M	673.5M	742.4M	885.2M	897.8M	864.8M	958.3M
Long-term debt	2.8B	2.8B	2.8B	2.8B	3.1B	3.1B	3.4B	3.7B	3.5B	3.5B	3.9B	3.9B
Total liabilities	5.4B	5.6B	5.4B	5.5B	5.8B	5.9B	6.2B	6.5B	6.6B	6.6B	6.9B	7.1B
Shareholders' equity	2.9B	2.9B	2.9B	3.2B	3.3B	3.3B	3.4B	3.4B	3.5B	3.6B	3.6B	3.8B
Total debt	2.8B	2.8B	2.8B	2.8B	3.1B	3.1B	3.4B	3.7B	3.7B	3.7B	4B	4B
Net debt	2.4B	2.5B	2.7B	2.7B	2.7B	2.7B	2.8B	3.2B	3.3B	3.4B	3.7B	3.9B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	198.1M	213.2M	227.5M	233.3M	238M	245.9M	259.6M	261.9M	290M	324.1M
Depreciation & amortization	147.3M	165.9M	169.1M	173.8M	175.9M	179.4M	173.6M	199.9M	228.1M	258.4M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-24.6M	-590K	16M	-18.7M	18M	-25.6M	37.8M	-154M	7M	55.3M
Operating cash flow	288.6M	410M	411M	338.9M	356.6M	323.1M	324.1M	252.6M	554.2M	601.8M
Capital expenditure	-296.9M	-285.5M	-277.9M	-278.7M	-310.9M	-300M	-432.6M	-611.1M	-1B	—
Investing cash flow	-293.9M	-286.8M	-264.6M	-283.6M	-334M	-272.9M	-422.9M	-587.4M	-913.8M	166.9M
Dividends paid	-105M	-113.1M	-121.4M	-129.7M	-137.8M	-146.1M	-154.3M	-163.5M	-176.6M	-188.5M
Share repurchases	-3.3M	-3.2M	-3.6M	-4.2M	—	—	—	—	—	—
Financing cash flow	-103.6M	-139.6M	-46.2M	-140.5M	17M	-149.5M	35.3M	472.8M	364.7M	273.9M
Net change in cash	-108.9M	-16.4M	100.3M	-85.2M	39.5M	-99.3M	-63.5M	137.9M	5.1M	1B
Free cash flow	47.2M	149.7M	213.8M	87.9M	77.2M	63.3M	-81.3M	-344.1M	-414.9M	-577.5M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	105.6M	31.4M	48.3M	89.8M	113.8M	38M	59.7M	96.1M	124.6M	43.7M	68.1M	102.9M
Depreciation & amortization	52M	53.3M	55.2M	55.9M	57.6M	59.5M	60.8M	62.7M	66.7M	68.1M	68M	68.8M
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	17.4M	-7.7M	-17M	-22.2M	19.2M	27M	-48.2M	12.6M	20.2M	70.7M	-44.8M	-60.9M
Operating cash flow	151.3M	100.1M	90.9M	146.9M	193.7M	122.8M	106.5M	176.9M	162.8M	137.8M	75.8M	103.2M
Capital expenditure	-153M	-183.9M	-260M	-345.9M	-218.1M	-185.3M	-201.3M	—	—	—	—	—
Investing cash flow	-147.7M	-178.3M	-234.7M	-323.8M	-198M	-154.6M	-183M	48.6M	33.7M	73.7M	75.1M	85.7M
Dividends paid	-40M	-43M	-42.7M	-42.1M	-44.3M	-47.4M	-46.9M	-46.5M	-46.5M	-48.5M	-49.2M	-48.8M
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	303.5M	-45M	-44.9M	189.4M	254.5M	-34.3M	324.4M	-46.3M	-47.1M	42.9M	342.6M	25.6M
Net change in cash	307.2M	-123.1M	-188.6M	12.5M	250.2M	-66.1M	247.8M	179.3M	149.4M	254.3M	493.6M	214.5M
Free cash flow	2.2M	-78.9M	-150.3M	-199.6M	-16.1M	-48.9M	-77M	-156.4M	-127.9M	-216.2M	-295.7M	-333.3M

IDACORP Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history