NYSE : IDA
IDACORP, Inc. — Financial statements
Utilities · Utilities - Regulated Electric · United States
Last price 143.61 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 8.31B
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Financial statements
IDACORP, Inc. (IDA) reported revenue of 1.89B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 1.88B | 1.81B | 1.82B | 1.76B | 1.64B | 1.46B |
| Other Revenue | 3.58M | 3.39M | 3.67M | 3.46M | 2.94M | 2.67M |
| Revenue | 1.89B | 1.81B | 1.83B | 1.77B | 1.64B | 1.46B |
| Fuel & Purchased Power | 598.82M | 670.70M | 774.04M | 783.82M | 673.90M | 524.40M |
| Operations & Maintenance | 516.93M | 469.56M | 460.95M | 399.86M | 399.38M | 361.30M |
| Selling, General & Admin | 973.00K | 973.00K | ||||
| Depreciation & Amortization | 269.45M | 251.07M | 223.41M | 195.34M | 170.08M | 175.56M |
| Other Operating Expenses | 62.30M | 72.70M | 48.47M | 80.38M | 82.65M | 82.43M |
| Total Operating Expenses | 1.45B | 1.47B | 1.51B | 1.46B | 1.33B | 1.14B |
| Operating Income | 438.01M | 347.99M | 319.76M | 306.96M | 317.98M | 314.40M |
| Interest Expense | -226.83M | -204.40M | -163.65M | -136.47M | -103.29M | -98.69M |
| Interest Income | 23.87M | 23.87M | 22.58M | 15.27M | 5.95M | 1.41M |
| Net Interest Expense | -202.96M | -180.53M | -141.07M | -121.20M | -97.34M | -97.28M |
| Income (Loss) on Equity Investments | 4.98M | 4.92M | 4.54M | 12.43M | 11.51M | 11.44M |
| Allowance for Equity Funds for Construction | 74.02M | 62.49M | 53.24M | 43.22M | 37.28M | 31.54M |
| Allowance for Borrowed Funds for Construction | 41.96M | 36.21M | 27.79M | 20.01M | 13.91M | 11.99M |
| Other Non-Operating Income (Expenses) | 34.48M | 39.34M | 40.75M | 27.77M | 14.05M | 10.70M |
| EBT Excluding Unusual Items | 390.49M | 310.42M | 305.00M | 289.19M | 297.40M | 282.78M |
| Pretax Income | 390.49M | 310.42M | 305.00M | 289.19M | 297.40M | 282.78M |
| Income Tax Expense | 15.39M | -13.71M | 15.05M | 27.30M | 37.84M | 36.91M |
| Earnings From Continuing Ops. | 375.10M | 324.13M | 289.95M | 261.89M | 259.56M | 245.87M |
| Minority Interest in Earnings | -718.00K | -661.00K | -777.00K | -698.00K | -578.00K | -322.00K |
| Net Income | 374.38M | 323.47M | 289.17M | 261.19M | 258.98M | 245.55M |
| Net Income to Common | 374.38M | 323.47M | 289.17M | 261.19M | 258.98M | 245.55M |
| Shares Outstanding (Basic) | 55.77M | 54.23M | 52.54M | 50.72M | 50.66M | 50.60M |
| Shares Outstanding (Diluted) | 56.97M | 54.81M | 52.62M | 50.81M | 50.70M | 50.65M |
| EPS (Basic) | 6.71 | 5.96 | 5.50 | 5.15 | 5.11 | 4.85 |
| EPS (Diluted) | 6.57 | 5.90 | 5.50 | 5.14 | 5.11 | 4.85 |
| Free Cash Flow | -1.03B | -593.98M | -418.68M | -346.64M | -91.19M | 48.12M |
| Free Cash Flow Per Share | -18.12 | -10.84 | -7.96 | -6.82 | -1.80 | 0.95 |
| Dividend Per Share | 3.52 | 3.46 | 3.35 | 3.20 | 3.04 | 2.88 |
| Profit Margin | 19.84% | 17.84% | 15.83% | 14.79% | 15.75% | 16.84% |
| Free Cash Flow Margin | -54.71% | -32.76% | -22.92% | -19.62% | -5.55% | 3.30% |
| EBITDA | 717.14M | 606.39M | 547.85M | 506.87M | 491.54M | 493.85M |
| EBITDA Margin | 38.01% | 33.45% | 29.99% | 28.70% | 29.90% | 33.87% |
| D&A For EBITDA | 279.13M | 258.40M | 228.09M | 199.91M | 173.56M | 179.44M |
| EBIT | 438.01M | 347.99M | 319.76M | 306.96M | 317.98M | 314.40M |
| EBIT Margin | 23.22% | 19.19% | 17.51% | 17.38% | 19.34% | 21.56% |
| Effective Tax Rate | 3.94% | 4.93% | 9.44% | 12.72% | 13.05% | |
| Revenue as Reported | 1.89B | 1.81B | 1.83B | 1.77B | 1.64B | 1.46B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 187.83M | 215.72M | 368.87M | 327.43M | 177.58M | 215.24M |
| Accounts Receivable | 284.72M | 177.66M | 212.53M | 197.78M | 199.03M | 153.66M |
| Other Receivables | 95.28M | 46.43M | 43.56M | 69.23M | 64.91M | 29.76M |
| Inventory | 229.87M | 226.35M | 244.72M | 160.47M | 107.22M | 95.60M |
| Prepaid Expenses | 33.00M | 30.58M | 29.46M | 22.84M | 24.52M | 24.68M |
| Other Current Assets | 265.72M | 136.67M | 89.31M | 226.31M | 120.39M | 76.93M |
| Total Current Assets | 1.10B | 833.40M | 988.46M | 1.00B | 693.65M | 595.87M |
| Property, Plant & Equipment | 8.51B | 7.65B | 6.52B | 5.75B | 5.17B | 4.90B |
| Regulatory Assets | 1.42B | 1.43B | 1.42B | 1.43B | 1.42B | 1.46B |
| Long-Term Investments | 155.79M | 153.79M | 160.44M | 163.27M | 120.91M | 123.47M |
| Other Long-Term Assets | 181.57M | 162.51M | 155.09M | 136.55M | 133.81M | 126.92M |
| Total Assets | 11.37B | 10.23B | 9.24B | 8.48B | 7.54B | 7.21B |
| Accounts Payable | 431.44M | 344.87M | 307.13M | 308.50M | 292.72M | 145.98M |
| Accrued Expenses | 106.44M | 133.65M | 120.06M | 109.55M | 89.84M | 85.85M |
| Current Portion of Long-Term Debt | 116.30M | 19.89M | 49.80M | |||
| Current Portion of Leases | 6.16M | |||||
| Current Income Taxes Payable | 35.62M | 7.53M | 6.98M | 6.85M | 8.56M | 14.23M |
| Other Current Liabilities | 352.92M | 289.32M | 246.75M | 159.37M | 157.44M | 79.56M |
| Total Current Liabilities | 926.43M | 897.84M | 700.80M | 634.08M | 548.57M | 325.62M |
| Long-Term Debt | 3.86B | 3.33B | 3.05B | 2.78B | 2.19B | 2.00B |
| Long-Term Leases | 211.73M | 216.69M | ||||
| Pension & Post-Retirement Benefits | 129.57M | 137.41M | 165.99M | 233.97M | 238.04M | 521.46M |
| Long-Term Deferred Tax Liabilities | 813.23M | 802.88M | 822.23M | 882.72M | 873.92M | 842.38M |
| Other Long-Term Liabilities | 1.34B | 1.26B | 1.16B | 1.03B | 873.98M | 845.18M |
| Total Liabilities | 7.29B | 6.65B | 5.90B | 5.56B | 4.73B | 4.54B |
| Common Stock | 1.62B | 1.30B | 1.19B | 888.62M | 882.19M | 874.90M |
| Retained Earnings | 2.47B | 2.28B | 2.15B | 2.04B | 1.94B | 1.83B |
| Comprehensive Income & Other | -14.28M | -14.94M | -13.59M | -17.18M | -12.92M | -40.04M |
| Total Common Equity | 4.08B | 3.57B | 3.33B | 2.91B | 2.81B | 2.67B |
| Minority Interest | 7.40M | 6.81M | 7.00M | 7.17M | 7.38M | 6.80M |
| Shareholders' Equity | 4.08B | 3.58B | 3.34B | 2.91B | 2.81B | 2.68B |
| Total Liabilities & Equity | 11.37B | 10.23B | 9.24B | 8.48B | 7.54B | 7.21B |
| Total Debt | 4.08B | 3.67B | 3.07B | 2.83B | 2.19B | 2.00B |
| Net Cash (Debt) | -3.89B | -3.45B | -2.70B | -2.50B | -2.02B | -1.79B |
| Net Cash Per Share | -68.26 | -63.03 | -51.41 | -49.17 | -39.78 | -35.25 |
| Filing Date Shares Outstanding | 58.89M | 54.90M | 53.98M | 50.63M | 50.57M | 50.52M |
| Total Common Shares Outstanding | 57.85M | 54.86M | 53.96M | 50.62M | 50.56M | 50.52M |
| Working Capital | 169.98M | -64.43M | 287.65M | 369.98M | 145.09M | 270.25M |
| Book Value Per Share | 70.44 | 65.11 | 61.73 | 57.44 | 55.52 | 52.82 |
| Tangible Book Value | 4.08B | 3.57B | 3.33B | 2.91B | 2.81B | 2.67B |
| Tangible Book Value Per Share | 70.44 | 65.11 | 61.73 | 57.44 | 55.52 | 52.82 |
| Machinery | 8.78B | 8.27B | 7.97B | 7.30B | 6.84B | 6.51B |
| Construction In Progress | 2.15B | 1.74B | 1.24B | 985.50M | 785.71M | 670.59M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 374.38M | 323.47M | 289.17M | 261.19M | 258.98M | 245.55M |
| Depreciation & Amortization | 279.13M | 258.40M | 228.09M | 199.91M | 173.56M | 179.44M |
| Loss (Gain) on Equity Investments | 893.00K | 4.30M | 3.31M | -9.48M | 75.00K | 276.00K |
| Change in Accounts Receivable | -68.49M | 9.69M | 31.43M | -17.63M | -81.55M | -9.43M |
| Change in Inventory | 7.09M | 18.37M | -84.26M | -53.24M | -11.63M | 991.00K |
| Change in Accounts Payable | -16.72M | -16.17M | 16.94M | -81.24M | 112.60M | 17.70M |
| Change in Income Taxes | -9.99M | 5.81M | 10.77M | -12.55M | -4.63M | -17.89M |
| Change in Other Net Operating Assets | 13.44M | 33.90M | 23.21M | 7.49M | 20.80M | -10.88M |
| Other Operating Activities | -63.47M | -35.94M | 75.75M | -27.43M | -116.92M | -42.49M |
| Operating Cash Flow | 516.26M | 601.84M | 594.42M | 267.03M | 351.29M | 363.26M |
| Capital Expenditures | -1.55B | -1.20B | -1.01B | -613.67M | -442.47M | -315.15M |
| Investment in Securities | 20.04M | -1.37M | -2.85M | -4.93M | -4.45M | 33.58M |
| Other Investing Activities | 249.54M | 168.29M | 98.28M | 28.65M | 22.65M | 7.91M |
| Investing Cash Flow | -1.28B | -1.03B | -917.66M | -589.95M | -424.27M | -273.65M |
| Long-Term Debt Issued | 400.00M | 300.00M | 872.00M | 198.00M | ||
| Total Debt Issued | 550.00M | 400.00M | 300.00M | 872.00M | 198.00M | |
| Long-Term Debt Repaid | -23.65M | -49.80M | -225.00M | -4.36M | ||
| Total Debt Repaid | -122.37M | -23.65M | -49.80M | -225.00M | -4.36M | |
| Net Debt Issued (Repaid) | 427.63M | 376.35M | 250.20M | 647.00M | 193.64M | |
| Issuance of Common Stock | 411.26M | 97.78M | 298.45M | |||
| Repurchase of Common Stock | -6.15M | -3.34M | -3.78M | -3.27M | -3.11M | -3.03M |
| Common Dividends Paid | -197.49M | -188.48M | -176.56M | -163.54M | -154.29M | -146.12M |
| Other Financing Activities | -18.18M | -8.39M | -3.62M | -7.41M | -926.00K | -334.00K |
| Financing Cash Flow | 617.08M | 273.92M | 364.68M | 472.77M | 35.32M | -149.48M |
| Net Cash Flow | -145.38M | -153.15M | 41.44M | 149.85M | -37.67M | -59.87M |
| Free Cash Flow | -1.03B | -593.98M | -418.68M | -346.64M | -91.19M | 48.12M |
| Free Cash Flow Margin | -54.71% | -32.76% | -22.92% | -19.62% | -5.55% | 3.30% |
| Free Cash Flow Per Share | -18.12 | -10.84 | -7.96 | -6.82 | -1.80 | 0.95 |
| Levered Free Cash Flow | -1.24B | -738.81M | -522.05M | -422.46M | -36.96M | 7.41M |
| Unlevered Free Cash Flow | -1.10B | -611.06M | -419.77M | -337.17M | 27.60M | 69.09M |
| Cash Interest Paid | 158.92M | 139.28M | 109.07M | 97.74M | 85.98M | 83.50M |
| Cash Income Tax Paid | 15.33M | 24.49M | 25.20M | 6.20M | 45.88M | 34.33M |
| Change in Working Capital | -74.67M | 51.60M | -1.91M | -157.17M | 35.60M | -19.51M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 8.56B | 6.84B | 5.82B | 4.98B | 5.45B | 5.72B |
| Enterprise Value | 12.45B | 10.19B | 8.52B | 7.37B | 7.38B | 7.43B |
| PE Ratio | 22.13 | 21.14 | 20.13 | 19.05 | 21.06 | 23.31 |
| PS Ratio | 4.54 | 3.77 | 3.19 | 2.82 | 3.32 | 3.93 |
| PB Ratio | 2.06 | 1.91 | 1.74 | 1.71 | 1.94 | 2.14 |
| P/FCF Ratio | 118.96 | |||||
| P/OCF Ratio | 16.58 | 11.37 | 9.79 | 18.64 | 15.52 | 15.76 |
| EV/Sales Ratio | 6.60 | 5.62 | 4.67 | 4.17 | 4.49 | 5.10 |
| EV/EBITDA Ratio | 17.36 | 16.80 | 15.56 | 14.53 | 15.02 | 15.05 |
| EV/EBIT Ratio | 28.42 | 29.27 | 26.66 | 23.99 | 23.22 | 23.64 |
| EV/FCF Ratio | 154.45 | |||||
| Debt / Equity Ratio | 1.00 | 1.03 | 0.92 | 0.97 | 0.78 | 0.75 |
| Debt / EBITDA Ratio | 5.68 | 6.05 | 5.61 | 5.57 | 4.46 | 4.05 |
| Debt / FCF Ratio | 41.58 | |||||
| Net Debt / Equity Ratio | 0.95 | 0.96 | 0.81 | 0.86 | 0.72 | 0.67 |
| Net Debt / EBITDA Ratio | 5.42 | 5.70 | 4.94 | 4.93 | 4.10 | 3.62 |
| Net Debt / FCF Ratio | -3.77 | -5.82 | -6.46 | -7.21 | -22.11 | 37.10 |
| Quick Ratio | 0.61 | 0.49 | 0.89 | 0.94 | 0.81 | 1.22 |
| Current Ratio | 1.18 | 0.93 | 1.41 | 1.58 | 1.26 | 1.83 |
| Asset Turnover | 0.18 | 0.19 | 0.21 | 0.22 | 0.22 | 0.20 |
| Return on Equity (ROE) | 9.91% | 9.37% | 9.27% | 9.14% | 9.46% | 9.38% |
| Return on Assets (ROA) | 2.55% | 2.23% | 2.26% | 2.40% | 2.69% | 2.75% |
| Return on Capital Employed (ROCE) | 4.20% | 3.70% | 3.70% | 3.90% | 4.50% | 4.60% |
| Earnings Yield | 4.52% | 4.73% | 4.97% | 5.25% | 4.75% | 4.29% |
| FCF Yield | -12.05% | -8.68% | -7.19% | -6.97% | -1.67% | 0.84% |
| Dividend Yield | 2.48% | 2.77% | 3.10% | 3.26% | 2.82% | 2.54% |
| Payout Ratio | 54.79% | 58.27% | 61.06% | 62.61% | 59.57% | 59.51% |
| Buyback Yield / Dilution | -4.77% | -4.16% | -3.56% | -0.21% | -0.11% | -0.14% |
| Total Shareholder Return | -2.29% | -1.39% | -0.46% | 3.04% | 2.71% | 2.40% |