IDANYSEElectric ServicesFiscal year ends December 31
IDACORP INC
Financials through Q4 FY2025, quarter ended Dec 31, 2025Last filing: 10-Q on Jul 30, 2026
$136.07−2.23 (-1.61%)
Close on Oct 19, 2026
- Market cap
- $7.57B
- P/E (TTM)
- 23.1
- Dividend yield
- 2.54%
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
20.3%−3.8 pts over 5 years
Net margin
18.5%+0.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.2% | +3.9% | +6.3% | +3.2% | |
| Operating income | +8.0% | +2.7% | +2.7% | +2.3% | |
| Net income | +11.9% | +7.7% | +6.4% | +5.2% | |
| EPS, diluted | +7.3% | +4.9% | +4.7% | +4.3% | |
| Dividend per share | +3.3% | +4.4% | +4.9% | +7.0% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 9.4% | 9.5% | 9.4% | |
| Return on assets | 3.2% | 3.5% | 3.3% | |
| Current ratio | 1.76 | 2.23 | 0.93 | |
| Debt to equity | 0.82 | 0.78 | 0.97 | |
| Net debt to EBITDA | 3.96× | 3.55× | 5.28× | |
| Interest coverage | 3.5× | 3.5× | 2.1× | |
| Capex to revenue | 24.4% | 24.2% | 67.5% | |
| Diluted shares | 50M | 51M | 55M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Idacorp generated $2.18B from operations and spent $4.38B on capital expenditure, dividends and share buybacks. 81% of that went back into the business.
Generated
$2.18B
Used
$4.38B
Capital expenditure$3.53B81%Dividends$829.00M19%Share buybacks$16.53M0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin18.5%
×Asset turnover0.18×
×Equity multiplier2.82×
=Return on equity, FY20259.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 18.5% | 0.18× | 2.82× | 9.4% |
| FY2024 | 16.3% | 0.20× | 2.84× | 9.3% |
| FY2023 | 15.9% | 0.20× | 2.80× | 9.1% |
| FY2022 | 16.6% | 0.21× | 2.69× | 9.5% |
| FY2021 | 17.8% | 0.19× | 2.74× | 9.4% |
| FY2020 | 18.5% | 0.19× | 2.73× | 9.5% |
| FY2019 | 18.1% | 0.20× | 2.69× | 9.6% |
| FY2018 | 17.3% | 0.21× | 2.69× | 9.8% |
| FY2017 | 16.1% | 0.21× | 2.80× | 9.6% |
| FY2016 | 16.3% | 0.20× | 2.92× | 9.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$323.47M
- Cash generatingOperating cash flow above zero$601.84M
- Return on assets improvedROA up on the prior year3.4% → 3.5%
- Earnings backed by cashOperating cash flow above net income$601.84M vs $323.47M
- Less leverageLong-term debt to assets fell33.1% → 32.6%
- Better liquidityCurrent ratio rose1.41 → 0.93
- No dilutionShare count did not rise53M → 55M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.21 → 0.19