IDACORP, Inc.(IDA) Stock Research - Grey Stern Research

IDACORP, Inc. (IDA) Stock Analysis

$104.49 (0.95%)

IDA Financial Performance


Use the table below to view IDACORP, Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q2 - 2024

Metric Value Ranking among Peers
Price $103.00 -
52 Week Low $86.43 -
52 Week High $105.24 -
Market Cap $5.5 Billion 9/11
Gross Margin 21% 9/11
Profit Margin 20% 1/11
EBITDA margin 34% 8/11
Q2 - 2024 Revenue $448.2 Million 11/11
Q2 - 2024 Earnings $89.5 Million 8/11
Q2 - 2024 Free Cash Flow -$199.6 Million 4/11
Trailing 4 Quarters Revenue $1.8 Billion 11/11
Trailing 4 Quarters Earnings $274.2 Million 10/11
Quarterly Earnings Growth 31% 6/11
Annual Earnings Growth 16% 5/11
Quarterly Revenue Growth 8% 4/11
Annual Revenue Growth 7% 3/11
Cash On Hand $169.6 Million 2/11
Short Term Debt $49.8 Million 11/11
Long Term Debt $2.8 Billion 11/11

IDACORP, Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare IDACORP, Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 20.00 4/11
PS 3.02 3/11
PB 1.71 6/11
PC 32.35 10/11
Liabilities to Equity 1.71 10/11
ROA 0.03 1/11
ROE 0.09 6/11
Current Ratio 1.59 2/11
Quick Ratio 0.03 1/11
Long Term Debt to Equity 0.87 10/11
Debt to Equity 0.88 10/11
Burn Rate 4.99 1/11
Cash to Cap 0.03 2/11
CCR -2.23 8/11
EV to EBITDA 53.23 5/11
EV to Revenue 4.48 6/11

Company Details

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distribution substations; and 28,570 pole-miles of distribution lines, as well as provides electric utility services to approximately 604,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

CEO: Mr. Darrel Anderson

Website: https://www.idacorpinc.com

Address: 1221 W Idaho St Boise, IDAHO

Exchange: New York Stock Exchange

Industry: Utilities—Regulated Electric

IDACORP, Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to IDACORP, Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Alliant Energy Corporation LNT $15.3 Billion
CenterPoint Energy, Inc. CNP $18.4 Billion
CMS Energy Corporation CMS $21.1 Billion
Pinnacle West Capital Corporation PNW $10.4 Billion
Ameren Corporation AEE $22.8 Billion
Portland General Electric Company POR $5.1 Billion
PNM Resources, Inc. PNM $3.8 Billion
DTE Energy Company DTE $26.2 Billion
Avangrid, Inc. AGR $13.8 Billion
Evergy, Inc. EVRG $14.0 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
IDA Income Statements
Quarter Year Revenue Earnings
Q2 2024 $ 448.2 Million $89.5 Million
Q1 2024 $ 446.9 Million $48.2 Million
Q4 2023 $ 412.0 Million $31.3 Million
Q3 2023 $ 510.9 Million $105.3 Million
Q2 2023 $ 413.8 Million $68.6 Million
Q1 2023 $ 429.7 Million $56.1 Million
Q4 2022 $ 423.0 Million $42.1 Million
Q3 2022 $ 518.0 Million $106.4 Million

View All

IDA Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q2 2024 $169.6 Million $8.7 Billion $2.8 Billion $3.2 Billion
Q1 2024 $157.6 Million $8.3 Billion $2.8 Billion $2.9 Billion
Q4 2023 $327.4 Million $8.5 Billion $2.8 Billion $2.9 Billion
Q3 2023 $445.5 Million $8.3 Billion $2.8 Billion $2.9 Billion
Q2 2023 $134.8 Million $7.8 Billion $2.5 Billion $2.9 Billion
Q1 2023 $357.8 Million $7.9 Billion $2.6 Billion $2.8 Billion
Q4 2022 $177.6 Million $7.5 Billion $2.2 Billion $2.8 Billion
Q3 2022 $226.2 Million $7.5 Billion $2.2 Billion $2.8 Billion

View All

IDA Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q2 2024 -$199.6 Million -$345.9 Million $12.0 Million
Q1 2024 -$150.3 Million -$260.0 Million -$169.8 Million
Q4 2023 -$78.9 Million -$183.9 Million -$118.1 Million
Q3 2023 $2.2 Million -$153.0 Million $310.7 Million
Q2 2023 -$58.6 Million -$155.8 Million -$223.0 Million
Q1 2023 -$208.8 Million -$118.4 Million $180.2 Million
Q4 2022 -$45.0 Million -$127.3 Million -$48.7 Million
Q3 2022 $1.8 Million -$111.2 Million -$11.7 Million

View All

Cookies

We use cookies to offer a better browsing experience. Cookies enhance site navigation, analyze site usage, and assist in our marketing efforts. By clicking Accept. you agree to the storing of cookies on your device. To refuse all non-required cookies, click on Decline.

Accept View Terms & Conditions