SequelSEC

IDACORP INC IDA

Electric Services · CIK 0001057877 · Fiscal year ends 1231

Revenue
$1.75B
Fiscal year ended 2025-12-31
Operating income
$353.98M
Fiscal year ended 2025-12-31
Free cash flow
-$577.49M
Fiscal year ended 2025-12-31

Valuation, from the filing

Public float$6.21BMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$113.10Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income19.2×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue3.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.7×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

19.2× earnings today, against a median of 20.0× across 10 years on record. In line with its own history.

Float measuredPublic floatFloat / net income
2025-06-30$6.21B19.2×
2024-06-30$4.94B17.1×
2023-06-30$5.17B19.8×
2022-06-30$5.32B20.5×
2021-06-30$4.88B19.9×
2020-06-30$4.38B18.4×
2019-06-30$5.02B21.5×
2018-06-30$4.61B20.3×
2017-06-30$4.26B20.0×
2016-06-30$4.05B20.4×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Electric Services filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Effective tax rate-4.4%9th
CapEx / revenue67.5%90th
FCF margin-33.1%10th
Net margin18.5%86th
Revenue YoY growth-1.2%19th
Long-term debt / equity0.93x22th
Current ratio0.93x64th
Operating margin20.3%50th

IDACORP INC (IDA) reported revenue of $1.75B and net income of $323.47M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from IDACORP INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electric Services.

Income

IDACORP INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$1.75B$1.77B$1.64B$1.56B$1.38B$1.29B$1.29B$1.31B$1.32B$1.22B
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating income$353.98M$327.84M$313.48M$327.18M$329.65M$309.52M$298.33M$296.92M$315.54M$283.58M
Net income$323.47M$289.17M$261.20M$258.98M$245.55M$237.42M$232.85M$226.80M$212.42M$198.29M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 54.81Mshares 52.62Mshares 50.81Mshares 50.70Mshares 50.64Mshares 50.57Mshares 50.54Mshares 50.51Mshares 50.42Mshares 50.37M
Pretax income$310.42M$305.00M$289.19M$297.40M$282.78M$266.67M$257.84M$244.91M$261.85M$234.52M
Income tax expense-$13.72M$15.05M$27.30M$37.84M$36.91M$28.70M$24.51M$17.39M$48.66M$36.43M
Diluted EPS$5.90$5.50$5.14$5.11$4.85$4.69$4.61$4.49$4.21$3.94
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

IDACORP INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$215.72M$368.86M$327.43M$177.58M$215.24M$275.12M$217.25M$267.49M$76.65M$61.48M
Total assets$10.23B$9.24B$8.48B$7.54B$7.21B$7.10B$6.64B$6.38B$6.05B$6.29B
Current assets$833.40M$988.46M$1.00B$693.65M$595.87M$642.40M$565.15M$597.64M$443.60M$440.31M
Total liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current liabilities$897.84M$700.80M$634.08M$548.56M$325.62M$287.57M$374.86M$258.59M$200.75M$249.72M
Total equity incl. NCI$3.58B$3.34B$2.91B$2.81B$2.67B$2.56B$2.46B$2.38B$2.26B$2.16B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$97.72M$114.82M$107.26M$114.17M$78.82M$72.83M$72.68M$77.18M$75.25M$71.56M
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt$3.33B$3.05B$2.78B$2.19B$2.00B$2.00B$1.74B$1.83B$1.75B$1.74B
Accounts payable$344.87M$307.13M$308.50M$292.72M$145.98M$120.58M$110.74M$110.82M$90.28M$106.19M

Cash flow

IDACORP INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$601.84M$594.42M$267.03M$351.28M$363.26M$388.13M$366.62M$491.63M$435.16M$344.20M
Capital expenditures$1.18B$1.01B$611.14M$432.59M$300.00M$310.94M$278.70M$277.85M$285.49M$296.95M
Investing cash flow-$1.03B-$917.66M-$589.95M-$424.27M-$273.65M-$347.26M-$280.49M-$258.18M-$280.44M-$293.93M
Financing cash flow$273.92M$364.68M$472.77M$35.32M-$149.48M$16.99M-$136.37M-$42.61M-$139.55M-$103.58M
Net change in cash-$153.15M$41.44M$149.85M-$37.67M-$59.87M$57.86M-$50.24M$190.84M$15.17M-$53.32M
Stock-based compensationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paid$188.48M$176.56M$163.54M$154.29M$146.12M$137.81M$129.68M$121.42M$113.13M$104.98M
Common share repurchases$3.34M$3.78M$3.27M$3.11M$3.03M$4.64M$4.16M$3.61M$3.21M$3.33M
Depreciation & amortization$258.40M$228.09M$199.91M$173.56M$179.44M$175.94M$173.80M$169.12M$165.93M$147.29M

Derived

IDACORP INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flow-$577.49M-$414.86M-$344.11M-$81.30M$63.26M$77.19M$87.92M$213.77M$149.67M$47.24M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating margin20.3%18.5%19.1%21.0%23.8%24.1%23.2%22.6%23.9%23.3%
FCF margin-33.1%-23.5%-21.0%-5.2%4.6%6.0%6.8%16.3%11.3%3.9%
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio0.93x1.41x1.58x1.26x1.83x2.23x1.51x2.31x2.21x1.76x
Revenue YoY growth-1.2%7.9%5.2%12.7%7.5%0.1%-2.0%-0.6%8.5%Unavailable
Net margin18.5%16.3%15.9%16.6%17.8%18.5%18.1%17.3%16.1%16.3%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue67.5%57.1%37.3%27.8%21.7%24.2%21.7%21.2%21.6%24.4%
Long-term debt / equity0.93x0.91xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate-4.4%4.9%9.4%12.7%13.1%10.8%9.5%7.1%18.6%15.5%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IDA in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-29View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing
10-Q · Filed 2025-05-01View SEC filing
10-K · Filed 2025-02-20View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.