IDACORP (IDA) Financials

$142.38 -1.35 (-0.94%)

Closing price 05/13/2026 03:59 PM Eastern

Extended Trading

$141.52 -0.85 (-0.60%)

As of 04:13 AM Eastern

Annual Income Statements for IDACORP

This table shows IDACORP's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	195	198	212	227	233	237	246	259	261	289	323
Consolidated Net Income / (Loss)	194	198	213	228	233	238	246	260	262	290	324
Net Income / (Loss) Continuing Operations	194	198	213	228	233	238	246	260	262	290	324
Total Pre-Tax Income	240	235	262	245	258	267	283	297	289	305	310
Total Operating Income	282	284	316	297	298	310	330	327	313	328	354
Total Gross Profit	499	487	608	579	548	529	523	470	590	681	697
Total Revenue	1,270	1,262	1,349	1,371	1,346	1,351	1,458	1,644	1,766	1,827	1,813
Operating Revenue	1,268	1,262	1,349	1,371	1,346	1,351	1,458	1,644	1,766	1,827	1,813
Total Cost of Revenue	772	775	741	791	798	822	936	1,174	1,177	1,145	1,116
Operating Cost of Revenue	772	775	741	791	798	822	936	1,174	1,177	1,145	1,116
Total Operating Expenses	217	204	292	282	250	219	193	143	276	354	343
Selling, General & Admin Expense	15	-1.02	5.02	2.50	2.77	2.65	2.59	2.93	3.36	4.01	4.83
Depreciation Expense	138	144	162	165	169	172	176	170	195	223	251
Other Operating Expenses / (Income)	63	61	125	115	78	45	15	-30	77	126	87
Total Other Income / (Expense), net	-42	-49	-54	-52	-40	-43	-47	-30	-24	-23	-44
Interest Expense	82	82	84	86	86	87	87	89	116	136	168
Interest & Investment Income	33	35	32	37	39	41	43	49	56	58	67
Other Income / (Expense), net	7.16	-1.93	-2.11	-2.87	6.50	3.51	-3.14	11	37	55	57
Income Tax Expense	46	36	49	17	25	29	37	38	27	15	-14
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.20	-0.20	0.77	0.72	0.47	0.55	0.32	0.58	0.70	0.78	0.66
Basic Earnings per Share	$3.88	$3.94	$4.22	$4.50	$4.61	$4.70	$4.85	$5.11	$5.15	$5.50	$5.96
Weighted Average Basic Shares Outstanding	50.22M	50.30M	50.36M	50.43M	50.50M	50.54M	50.60M	50.66M	50.72M	52.54M	54.24M
Diluted Earnings per Share	$3.87	$3.94	$4.21	$4.49	$4.61	$4.69	$4.85	$5.11	$5.14	$5.50	$5.90
Weighted Average Diluted Shares Outstanding	50.29M	50.37M	50.42M	50.51M	50.54M	50.57M	50.65M	50.70M	50.81M	52.62M	54.81M
Weighted Average Basic & Diluted Shares Outstanding	50.20M	50.30M	89.54M	89.53M	89.56M	89.62M	89.67M	89.72M	89.78M	93.13M	94.05M
Cash Dividends to Common per Share	$1.76	$2.08	$2.24	$2.40	$2.56	$2.72	$2.88	$3.04	$3.20	$3.35	$3.46

This table shows IDACORP's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	69	105	31	48	90	114	38	60	96	124	44
Consolidated Net Income / (Loss)	69	106	31	48	90	114	38	60	96	125	44
Net Income / (Loss) Continuing Operations	69	106	31	48	90	114	38	60	96	125	44
Total Pre-Tax Income	77	119	30	43	98	130	34	47	89	132	41
Total Operating Income	82	126	37	50	103	134	41	55	101	145	54
Total Gross Profit	194	201	117	139	222	224	96	176	205	208	108
Total Revenue	414	511	412	449	451	529	398	432	451	524	405
Operating Revenue	414	511	412	449	451	529	398	432	451	524	405
Total Cost of Revenue	220	310	294	310	229	304	302	257	246	317	297
Operating Cost of Revenue	220	310	294	310	229	304	302	257	246	317	297
Total Operating Expenses	112	74	81	89	119	91	55	121	105	63	54
Selling, General & Admin Expense	0.71	0.69	0.91	0.70	0.75	0.70	1.87	0.63	0.64	1.16	2.41
Depreciation Expense	47	51	52	54	55	56	58	60	61	64	66
Other Operating Expenses / (Income)	64	23	28	35	63	34	-5.34	61	43	-2.72	-14
Total Other Income / (Expense), net	-5.30	-6.87	-7.14	-6.87	-5.36	-3.51	-7.09	-7.73	-11	-13	-12
Interest Expense	28	30	33	33	32	34	36	37	42	45	44
Interest & Investment Income	14	15	14	12	15	17	14	15	16	18	18
Other Income / (Expense), net	8.82	7.92	12	14	13	13	15	14	15	15	14
Income Tax Expense	8.13	14	-1.70	-5.55	8.06	16	-3.82	-12	-6.68	7.69	-2.25
Net Income / (Loss) Attributable to Noncontrolling Interest	0.29	0.38	0.10	0.10	0.32	0.24	0.12	0.01	0.35	0.17	0.13
Basic Earnings per Share	$1.35	$2.08	$0.61	$0.95	$1.72	$2.13	$0.70	$1.10	$1.77	$2.30	$0.79
Weighted Average Basic Shares Outstanding	50.73M	50.73M	50.72M	50.76M	52.17M	53.39M	52.54M	54.11M	54.16M	54.17M	54.24M
Diluted Earnings per Share	$1.35	$2.07	$0.61	$0.95	$1.71	$2.12	$0.72	$1.10	$1.76	$2.26	$0.78
Weighted Average Diluted Shares Outstanding	50.76M	50.81M	50.81M	50.79M	52.24M	53.49M	52.62M	54.13M	54.38M	55.06M	54.81M
Weighted Average Basic & Diluted Shares Outstanding	89.77M	89.77M	89.78M	89.85M	92.40M	92.42M	93.13M	93.17M	93.18M	93.20M	94.05M

This table details how cash moves in and out of IDACORP's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	58	-53	15	191	-50	58	-60	-38	150	41	-153
Net Cash From Operating Activities	353	344	435	492	367	388	363	351	267	594	602
Net Cash From Continuing Operating Activities	353	344	435	492	367	388	363	351	267	594	602
Net Income / (Loss) Continuing Operations	194	198	213	228	233	238	246	260	262	290	324
Consolidated Net Income / (Loss)	194	198	213	228	233	238	246	260	262	290	324
Depreciation Expense	143	147	166	169	174	176	179	174	200	228	258
Non-Cash Adjustments To Reconcile Net Income	-30	-20	-17	-10	-7.97	-32	-33	-37	-72	-19	-32
Changes in Operating Assets and Liabilities, net	47	19	73	105	-33	6.54	-29	-45	-122	96	51
Net Cash From Investing Activities	-292	-294	-280	-258	-280	-347	-274	-424	-590	-918	-1,029
Net Cash From Continuing Investing Activities	-292	-294	-280	-258	-280	-347	-274	-424	-590	-918	-1,029
Purchase of Property, Plant & Equipment	-294	-297	-285	-278	-279	-311	-300	-433	-611	-1,009	-1,179
Acquisitions	-	-	-	0.00	-2.69	-14	-15	-9.88	-2.53	-3.81	-16
Purchase of Investments	-14	-15	-11	-11	-11	-58	-42	-102	-14	-13	-14
Sale and/or Maturity of Investments	34	16	4.99	5.01	5.08	27	76	97	8.92	11	12
Other Investing Activities, net	-18	2.24	11	26	6.72	9.53	7.91	23	29	98	168
Net Cash From Financing Activities	-3.49	-104	-140	-43	-136	17	-149	35	473	365	274
Net Cash From Continuing Financing Activities	-3.49	-104	-140	-43	-136	17	-149	35	473	365	274
Repayment of Debt	-153	-117	-23	-138	-169	-151	-0.33	-5.29	-232	-53	-28
Repurchase of Common Equity	-3.28	-3.33	-3.21	-3.61	-4.16	-4.64	-3.03	-3.11	-3.27	-3.78	-3.34
Payment of Dividends	-97	-105	-113	-121	-130	-138	-146	-154	-164	-177	-188
Issuance of Debt	250	122	0.00	220	166	310	0.00	198	872	300	400
Issuance of Common Equity	-	-	-	-	-	-	-	0.00	0.00	298	98
Other Financing Activities, net	-	-	-	-	-	-	-	-	0.00	0.00	-3.76
Cash Interest Paid	159	78	80	81	85	81	83	86	98	109	139

This table details how cash moves in and out of IDACORP's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Net Change in Cash & Equivalents	-223	311	-118	-170	12	258	-59	266	-160	-141	-117
Net Cash From Operating Activities	97	155	105	110	146	202	136	124	177	163	138
Net Cash From Continuing Operating Activities	97	155	105	110	146	202	136	124	177	163	138
Net Income / (Loss) Continuing Operations	69	106	31	48	90	114	38	60	96	125	44
Consolidated Net Income / (Loss)	69	106	31	48	90	114	38	60	96	125	44
Depreciation Expense	48	52	53	55	56	58	59	61	63	67	68
Non-Cash Adjustments To Reconcile Net Income	-19	-45	-4.32	7.32	-11	-21	5.37	1.61	-7.31	-24	-2.09
Changes in Operating Assets and Liabilities, net	-0.93	43	25	-1.07	11	52	34	2.20	25	-4.22	28
Net Cash From Investing Activities	-155	-148	-178	-235	-324	-198	-161	-183	-291	-257	-298
Net Cash From Continuing Investing Activities	-155	-148	-178	-235	-324	-198	-161	-183	-291	-257	-298
Purchase of Property, Plant & Equipment	-156	-153	-184	-260	-346	-218	-185	-201	-333	-291	-354
Other Investing Activities, net	-4.68	-1.01	28	4.94	2.63	1.23	89	0.88	-1.97	3.71	166
Net Cash From Financing Activities	-166	304	-45	-45	189	254	-34	324	-46	-47	43
Net Cash From Continuing Financing Activities	-166	304	-45	-45	189	254	-34	324	-46	-47	43
Repayment of Debt	-122	-3.17	-9.03	-0.04	-0.05	-2.50	-51	-24	-0.54	-3.42	-0.45
Payment of Dividends	-40	-40	-43	-43	-42	-44	-47	-47	-47	-47	-48
Issuance of Common Equity	-	-	-	1.61	232	1.49	64	1.55	1.50	1.49	93
Other Financing Activities, net	-	-0.02	-	-3.69	-	-0.09	-	-3.30	-0.73	-1.65	1.91
Cash Interest Paid	17	39	15	38	18	32	21	40	21	54	24

This table presents IDACORP's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	6,023	6,290	6,045	6,383	6,641	7,095	7,211	7,543	8,476	9,239	10,225
Total Current Assets	462	61	444	598	565	642	596	694	1,004	988	833
Cash & Equivalents	115	61	77	267	217	275	215	178	327	369	216
Accounts Receivable	148	-	181	154	156	158	169	250	242	242	215
Inventories, net	119	-	112	103	114	97	96	107	160	245	226
Prepaid Expenses	18	-	17	16	18	20	25	25	23	29	31
Current Deferred & Refundable Income Taxes	13	-	8.15	4.36	3.11	2.16	15	14	25	14	8.67
Other Current Assets	50	-	49	52	57	65	77	120	226	89	137
Plant, Property, & Equipment, net	3,992	0.00	4,284	4,396	4,531	4,710	4,902	5,173	5,745	6,517	7,648
Plant, Property & Equipment, gross	5,906	-	6,382	6,607	6,687	6,903	7,201	7,638	8,303	9,232	10,028
Accumulated Depreciation	1,914	-	2,098	2,211	2,156	2,194	2,299	2,465	2,558	2,715	2,599
Total Noncurrent Assets	1,569	0.00	1,318	1,389	1,545	1,743	1,713	1,677	1,727	1,734	1,744
Long-Term Investments	141	-	116	101	98	127	124	121	164	161	155
Other Noncurrent Operating Assets	1,394	-	1,202	1,288	1,446	1,616	1,589	1,555	1,563	1,572	1,589
Total Liabilities & Shareholders' Equity	6,023	2,158	6,045	6,383	6,641	7,095	7,211	7,543	8,476	9,239	10,225
Total Liabilities	3,961	0.00	3,789	4,007	4,171	4,529	4,535	2,534	5,561	5,901	6,430
Total Current Liabilities	242	0.00	201	259	375	288	326	549	634	701	898
Short-Term Debt	21	-	-	0.00	100	-	-	0.00	50	20	116
Accounts Payable	96	-	90	111	111	121	146	293	309	307	345
Current Deferred Revenue	-	-	-	-	28	29	43	72	104	165	202
Current Deferred & Payable Income Tax Liabilities	11	-	11	12	12	20	14	8.57	6.85	6.98	7.53
Current Employee Benefit Liabilities	43	-	47	55	53	52	56	59	65	71	77
Other Current Liabilities	50	-	30	57	51	42	42	92	62	88	101
Other Current Nonoperating Liabilities	22	-	22	24	21	24	24	24	38	43	50
Total Noncurrent Liabilities	3,719	0.00	3,589	3,748	3,796	4,241	4,210	1,986	4,927	5,201	5,532
Long-Term Debt	1,725	-	1,746	1,835	1,737	2,000	2,001	-	2,776	3,054	3,331
Asset Retirement Reserve & Litigation Obligation	416	-	698	739	748	758	782	797	875	977	1,031
Noncurrent Deferred & Payable Income Tax Liabilities	1,137	-	661	700	746	800	842	874	883	822	803
Noncurrent Employee Benefit Liabilities	394	-	439	431	520	634	521	238	234	166	137
Other Noncurrent Operating Liabilities	46	-	45	43	45	49	63	77	160	182	230
Commitments & Contingencies	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,062	2,158	2,256	2,376	2,471	2,566	2,675	2,815	2,915	3,338	3,579
Total Preferred & Common Equity	2,058	2,154	2,251	2,370	2,465	2,560	2,668	2,807	2,908	3,331	3,572
Total Common Equity	2,058	2,154	2,251	2,370	2,465	2,560	2,668	2,807	2,908	3,331	3,572
Common Stock	849	852	857	864	868	869	875	882	889	1,195	1,302
Retained Earnings	1,230	1,323	1,427	1,532	1,635	1,734	1,834	1,938	2,036	2,150	2,285
Accumulated Other Comprehensive Income / (Loss)	-21	-21	-31	-23	-36	-43	-40	-13	-17	-14	-15
Noncontrolling Interest	4.16	3.96	4.73	5.45	5.93	6.48	6.80	7.38	7.17	7.00	6.81

This table presents IDACORP's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025
Total Assets	7,524	7,879	7,839	8,294	8,347	8,677	9,105	9,592	9,936	10,076
Total Current Assets	660	991	734	1,038	780	814	1,033	1,216	1,079	960
Cash & Equivalents	226	358	135	445	158	170	428	634	474	333
Accounts Receivable	226	244	262	253	231	285	267	243	270	279
Inventories, net	92	121	138	153	180	200	220	246	250	237
Prepaid Expenses	20	19	24	23	21	24	29	24	21	31
Current Deferred & Refundable Income Taxes	0.00	0.00	0.00	0.00	11	0.00	0.00	0.00	0.00	0.00
Other Current Assets	95	250	175	164	180	135	90	69	65	81
Plant, Property, & Equipment, net	5,078	5,289	5,456	5,554	5,846	6,117	6,322	6,676	7,147	7,375
Plant, Property & Equipment, gross	7,508	7,798	8,000	8,129	8,460	8,761	8,995	9,431	9,935	10,212
Accumulated Depreciation	2,431	2,509	2,544	2,575	2,614	2,644	2,673	2,755	2,788	2,837
Total Noncurrent Assets	1,787	1,599	1,649	1,701	1,721	1,746	1,750	1,700	1,709	1,741
Long-Term Investments	111	121	127	158	156	166	162	156	158	155
Other Noncurrent Operating Assets	1,676	1,478	1,522	1,544	1,564	1,580	1,589	1,543	1,551	1,586
Total Liabilities & Shareholders' Equity	7,524	7,879	7,839	8,294	8,347	8,677	9,105	9,592	9,936	10,076
Total Liabilities	4,738	6,956	4,978	5,365	5,375	5,473	5,828	6,239	6,309	6,369
Total Current Liabilities	475	533	468	489	505	526	606	673	742	885
Short-Term Debt	79	-	-	-	-	50	70	0.00	0.00	116
Accounts Payable	185	202	224	227	200	206	241	267	276	317
Current Deferred Revenue	69	87	91	104	106	101	102	183	187	186
Current Deferred & Payable Income Tax Liabilities	26	18	31	36	13	19	38	19	31	46
Current Employee Benefit Liabilities	52	42	48	54	44	50	61	52	63	75
Other Current Liabilities	45	37	43	46	61	63	62	114	133	109
Other Current Nonoperating Liabilities	19	22	32	22	32	37	33	37	52	37
Total Noncurrent Liabilities	4,263	6,549	4,509	4,876	4,920	4,948	5,221	5,565	5,567	5,484
Long-Term Debt	2,071	4,516	2,482	2,826	2,776	2,776	3,054	3,447	3,447	3,331
Asset Retirement Reserve & Litigation Obligation	798	800	804	815	869	882	889	987	991	1,010
Noncurrent Deferred & Payable Income Tax Liabilities	828	868	861	879	875	867	864	786	779	780
Noncurrent Employee Benefit Liabilities	497	244	239	205	239	243	231	171	177	161
Other Noncurrent Operating Liabilities	68	121	123	151	161	179	184	174	173	202
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,786	2,830	2,861	2,929	2,922	3,204	3,278	3,353	3,407	3,489
Total Preferred & Common Equity	2,778	2,823	2,854	2,921	2,915	3,196	3,270	3,346	3,399	3,481
Total Common Equity	2,778	2,823	2,854	2,921	2,915	3,196	3,270	3,346	3,399	3,481
Common Stock	880	882	884	886	890	1,124	1,128	1,197	1,201	1,205
Retained Earnings	1,936	1,954	1,982	2,047	2,042	2,089	2,158	2,162	2,212	2,289
Accumulated Other Comprehensive Income / (Loss)	-38	-13	-13	-12	-17	-17	-16	-14	-13	-13
Noncontrolling Interest	7.27	7.30	7.59	7.98	7.27	7.59	7.83	7.02	7.36	7.53

This table displays calculated financial ratios and metrics derived from IDACORP's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-0.95%	-0.65%	6.93%	1.58%	-1.78%	0.32%	7.95%	12.75%	7.44%	3.41%	-0.75%
EBITDA Growth	8.74%	-0.67%	11.76%	-3.38%	3.34%	2.16%	3.47%	1.10%	7.50%	11.14%	9.56%
EBIT Growth	11.24%	-2.63%	11.29%	-6.18%	3.66%	2.69%	4.31%	3.51%	3.56%	9.46%	7.34%
NOPAT Growth	-2.19%	4.89%	7.25%	7.37%	-2.13%	2.31%	3.77%	-0.38%	-0.58%	9.78%	18.60%
Net Income Growth	0.37%	1.86%	7.62%	6.72%	2.55%	1.99%	3.32%	5.57%	0.90%	10.71%	11.79%
EPS Growth	0.52%	1.81%	6.85%	6.65%	2.67%	1.74%	3.41%	5.36%	0.59%	7.00%	7.27%
Operating Cash Flow Growth	-3.06%	-2.55%	26.43%	12.98%	-25.43%	5.87%	-6.41%	-3.30%	-23.99%	122.61%	1.25%
Free Cash Flow Firm Growth	-1,533.46%	213.98%	-193.72%	106.78%	-49.38%	1.90%	-28.31%	-197.65%	-207.66%	-20.70%	-93.06%
Invested Capital Growth	0.00%	-100.00%	0.00%	0.87%	3.81%	3.77%	4.73%	8.56%	11.69%	12.05%	16.84%
Revenue Q/Q Growth	-22.70%	8.25%	27.68%	0.46%	-1.39%	1.72%	1.34%	5.65%	-0.62%	-0.75%	0.39%
EBITDA Q/Q Growth	-16.09%	18.06%	11.58%	-1.72%	2.53%	-0.35%	-1.13%	3.00%	-1.06%	2.37%	3.02%
EBIT Q/Q Growth	-22.58%	29.86%	17.20%	-3.41%	3.59%	-0.39%	-2.20%	4.37%	-3.57%	2.11%	2.74%
NOPAT Q/Q Growth	-27.49%	28.08%	17.52%	-3.11%	5.40%	-3.30%	-0.04%	0.32%	-3.29%	2.22%	3.01%
Net Income Q/Q Growth	-27.75%	31.70%	17.27%	-5.32%	9.81%	-3.85%	-1.88%	3.72%	-3.96%	2.34%	1.80%
EPS Q/Q Growth	-1.28%	0.77%	2.43%	-5.07%	10.02%	-4.09%	-1.82%	3.65%	-4.10%	2.04%	1.03%
Operating Cash Flow Q/Q Growth	4.08%	1.90%	4.92%	8.02%	-11.16%	6.74%	-10.86%	6.83%	9.28%	5.58%	0.22%
Free Cash Flow Firm Q/Q Growth	-1,162.68%	1,939.81%	-1,735.49%	-14.80%	103.30%	-5.76%	-37.38%	-43.19%	-3.14%	11.13%	-25.83%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.90%	0.83%	2.05%	2.49%	2.19%	1.36%	3.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.26%	38.63%	45.06%	42.26%	40.74%	39.13%	35.84%	28.59%	33.38%	37.30%	38.43%
EBITDA Margin	34.00%	33.99%	35.52%	33.79%	35.55%	36.20%	34.70%	31.12%	31.13%	33.46%	36.93%
Operating Margin	22.21%	22.47%	23.38%	21.66%	22.16%	22.92%	22.61%	19.90%	17.75%	17.95%	19.52%
EBIT Margin	22.77%	22.32%	23.23%	21.45%	22.64%	23.17%	22.39%	20.56%	19.81%	20.97%	22.68%
Profit (Net Income) Margin	15.31%	15.70%	15.80%	16.60%	17.33%	17.62%	16.86%	15.79%	14.83%	15.87%	17.88%
Tax Burden Percent	80.95%	84.47%	81.42%	92.90%	90.50%	89.24%	86.95%	87.28%	90.56%	95.06%	104.42%
Interest Burden Percent	83.05%	83.27%	83.54%	83.29%	84.58%	85.19%	86.61%	87.99%	82.63%	79.62%	75.49%
Effective Tax Rate	19.05%	15.53%	18.58%	7.10%	9.50%	10.76%	13.05%	12.72%	9.44%	4.94%	-4.42%
Return on Invested Capital (ROIC)	12.77%	13.40%	13.41%	7.17%	6.85%	6.76%	6.72%	6.28%	5.67%	5.56%	5.75%
ROIC Less NNEP Spread (ROIC-NNEP)	28.03%	26.26%	28.44%	4.01%	4.44%	4.32%	4.24%	4.84%	4.64%	4.68%	4.22%
Return on Net Nonoperating Assets (RNNOA)	-3.10%	-4.01%	-3.75%	2.66%	2.78%	2.69%	2.66%	3.18%	3.48%	3.71%	3.62%
Return on Equity (ROE)	9.68%	9.39%	9.66%	9.82%	9.63%	9.45%	9.38%	9.46%	9.14%	9.27%	9.37%
Cash Return on Invested Capital (CROIC)	-187.23%	213.40%	-186.59%	6.30%	3.12%	3.06%	2.10%	-1.93%	-5.38%	-5.80%	-9.78%
Operating Return on Assets (OROA)	4.93%	4.57%	5.08%	4.73%	4.68%	4.56%	4.56%	4.58%	4.37%	4.33%	4.23%
Return on Assets (ROA)	3.32%	3.22%	3.46%	3.66%	3.58%	3.46%	3.44%	3.52%	3.27%	3.27%	3.33%
Return on Common Equity (ROCE)	9.66%	9.37%	9.64%	9.80%	9.61%	9.43%	9.36%	9.43%	9.12%	9.25%	9.35%
Return on Equity Simple (ROE_SIMPLE)	9.45%	9.20%	9.47%	9.60%	9.47%	9.30%	9.21%	9.25%	9.01%	8.70%	0.00%
Net Operating Profit after Tax (NOPAT)	228	240	257	276	270	276	287	286	284	312	370
NOPAT Margin	17.98%	18.98%	19.04%	20.12%	20.05%	20.45%	19.66%	17.37%	16.07%	17.06%	20.39%
Net Nonoperating Expense Percent (NNEP)	-15.25%	-12.86%	-15.03%	3.15%	2.42%	2.44%	2.48%	1.44%	1.03%	0.88%	1.53%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	10.15%	4.95%	4.86%	5.26%
Cost of Revenue to Revenue	60.74%	61.37%	54.94%	57.74%	59.26%	60.87%	64.16%	71.41%	66.62%	62.70%	61.57%
SG&A Expenses to Revenue	1.19%	-0.08%	0.37%	0.18%	0.21%	0.20%	0.18%	0.18%	0.19%	0.22%	0.27%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.05%	16.16%	21.67%	20.60%	18.58%	16.21%	13.23%	8.69%	15.63%	19.36%	18.91%
Earnings before Interest and Taxes (EBIT)	289	282	313	294	305	313	327	338	350	383	411
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	432	429	479	463	479	489	506	512	550	611	670
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.31	2.69	2.99	2.97	3.36	3.00	3.50	3.21	2.91	3.01	3.28
Price to Tangible Book Value (P/TBV)	2.32	2.69	2.99	2.97	3.36	3.00	3.50	3.21	2.91	3.01	3.28
Price to Revenue (P/Rev)	3.74	4.59	4.99	5.14	6.16	5.69	6.40	5.47	4.79	5.49	6.46
Price to Earnings (P/E)	24.39	29.19	31.73	31.07	35.62	32.35	38.01	34.75	32.42	34.65	36.22
Dividend Yield	3.62%	3.22%	2.98%	3.05%	2.76%	3.17%	2.77%	3.03%	3.39%	3.09%	2.75%
Earnings Yield	4.10%	3.43%	3.15%	3.22%	2.81%	3.09%	2.63%	2.88%	3.08%	2.89%	2.76%
Enterprise Value to Invested Capital (EV/IC)	1.75	0.00	2.17	2.20	2.45	2.22	2.52	1.84	2.04	2.12	2.14
Enterprise Value to Revenue (EV/Rev)	4.91	4.54	6.15	6.21	7.29	6.86	7.55	5.30	6.12	6.88	8.16
Enterprise Value to EBITDA (EV/EBITDA)	14.46	13.36	17.31	18.39	20.52	18.94	21.74	17.02	19.66	20.57	22.10
Enterprise Value to EBIT (EV/EBIT)	21.58	20.34	26.47	28.96	32.22	29.58	33.69	25.77	30.88	32.82	35.99
Enterprise Value to NOPAT (EV/NOPAT)	27.34	23.92	32.30	30.88	36.38	33.52	38.38	30.50	38.07	40.34	40.04
Enterprise Value to Operating Cash Flow (EV/OCF)	17.68	16.65	19.07	17.32	26.79	23.86	30.28	24.79	40.48	21.15	24.59
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	1.50	0.00	35.11	79.98	74.01	122.66	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.85	0.00	0.77	0.77	0.74	0.78	0.75	0.00	0.97	0.92	0.96
Long-Term Debt to Equity	0.84	0.00	0.77	0.77	0.70	0.78	0.75	0.00	0.95	0.91	0.93
Financial Leverage	-0.11	-0.15	-0.13	0.66	0.63	0.62	0.63	0.66	0.75	0.79	0.86
Leverage Ratio	2.92	2.92	2.79	2.68	2.69	2.73	2.73	2.69	2.80	2.83	2.81
Compound Leverage Factor	2.42	2.43	2.33	2.23	2.27	2.32	2.36	2.36	2.31	2.26	2.12
Debt to Total Capital	45.86%	0.00%	43.63%	43.58%	42.64%	43.80%	42.79%	0.00%	49.22%	47.94%	49.07%
Short-Term Debt to Total Capital	0.55%	0.00%	0.00%	0.00%	2.32%	0.00%	0.00%	0.00%	0.87%	0.31%	1.66%
Long-Term Debt to Total Capital	45.30%	0.00%	43.63%	43.58%	40.32%	43.80%	42.79%	0.00%	48.36%	47.63%	47.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.11%	0.18%	0.12%	0.13%	0.14%	0.14%	0.15%	0.26%	0.13%	0.11%	0.10%
Common Equity to Total Capital	54.03%	99.82%	56.25%	56.30%	57.22%	56.06%	57.07%	99.74%	50.65%	51.95%	50.84%
Debt to EBITDA	4.04	0.00	3.64	3.96	3.84	4.09	3.95	0.00	5.14	5.03	5.15
Net Debt to EBITDA	3.45	0.00	3.24	3.17	3.18	3.22	3.28	0.00	4.24	4.16	4.59
Long-Term Debt to EBITDA	4.00	0.00	3.64	3.96	3.63	4.09	3.95	0.00	5.05	5.00	4.97
Debt to NOPAT	7.65	0.00	6.80	6.65	6.80	7.24	6.98	0.00	9.95	9.86	9.33
Net Debt to NOPAT	6.53	0.00	6.05	5.32	5.63	5.70	5.80	0.00	8.22	8.16	8.32
Long-Term Debt to NOPAT	7.56	0.00	6.80	6.65	6.43	7.24	6.98	0.00	9.78	9.80	9.01
Altman Z-Score	1.42	0.00	1.84	1.82	1.93	1.76	1.99	2.88	1.65	1.72	1.71
Noncontrolling Interest Sharing Ratio	0.21%	0.19%	0.20%	0.22%	0.23%	0.25%	0.25%	0.26%	0.25%	0.23%	0.20%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.91	0.00	2.21	2.31	1.51	2.23	1.83	1.26	1.58	1.41	0.93
Quick Ratio	1.08	0.00	1.28	1.63	1.00	1.59	1.18	0.78	0.90	0.87	0.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,347	3,815	-3,575	243	123	125	90	-88	-269	-325	-628
Operating Cash Flow to CapEx	120.13%	115.91%	152.43%	176.94%	131.55%	124.83%	121.09%	81.21%	43.69%	58.90%	51.03%
Free Cash Flow to Firm to Interest Expense	-40.85	46.50	-42.69	2.82	1.42	1.43	1.03	-0.98	-2.31	-2.39	-3.73
Operating Cash Flow to Interest Expense	4.31	4.20	5.20	5.72	4.24	4.44	4.19	3.93	2.29	4.38	3.58
Operating Cash Flow Less CapEx to Interest Expense	0.72	0.58	1.79	2.49	1.02	0.88	0.73	-0.91	-2.95	-3.05	-3.43
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.22	0.21	0.22	0.22	0.21	0.20	0.20	0.22	0.22	0.21	0.19
Accounts Receivable Turnover	0.00	0.00	0.00	8.19	8.69	8.60	8.93	7.85	7.17	7.54	7.92
Inventory Turnover	0.00	0.00	0.00	7.35	7.35	7.80	9.74	11.58	8.79	5.65	4.74
Fixed Asset Turnover	0.00	0.00	0.00	0.32	0.30	0.29	0.30	0.33	0.32	0.30	0.26
Accounts Payable Turnover	0.00	0.00	0.00	7.87	7.20	7.11	7.02	5.35	3.91	3.72	3.42
Days Sales Outstanding (DSO)	0.00	0.00	0.00	44.57	42.02	42.42	40.88	46.50	50.90	48.42	46.06
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	49.66	49.65	46.77	37.49	31.53	41.51	64.57	77.02
Days Payable Outstanding (DPO)	0.00	0.00	0.00	46.37	50.68	51.34	52.00	68.20	93.24	98.11	106.60
Cash Conversion Cycle (CCC)	0.00	0.00	0.00	47.86	40.99	37.84	26.37	9.83	-0.82	14.88	16.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,575	0.00	3,832	3,866	4,013	4,164	4,361	4,734	5,287	5,924	6,922
Invested Capital Turnover	0.71	0.71	0.70	0.36	0.34	0.33	0.34	0.36	0.35	0.33	0.28
Increase / (Decrease) in Invested Capital	3,575	-3,575	3,832	33	147	151	197	373	553	637	997
Enterprise Value (EV)	6,243	5,730	8,298	8,517	9,820	9,260	11,001	8,709	10,809	12,572	14,801
Market Capitalization	4,748	5,788	6,739	7,046	8,293	7,680	9,333	9,000	8,468	10,021	11,717
Book Value per Share	$23.00	$24.05	$25.14	$26.47	$27.52	$28.57	$29.76	$31.29	$32.39	$36.04	$38.33
Tangible Book Value per Share	$22.87	$24.05	$25.14	$26.47	$27.52	$28.57	$29.76	$31.29	$32.39	$36.04	$38.33
Total Capital	3,809	2,158	4,002	4,211	4,307	4,567	4,676	2,815	5,740	6,412	7,026
Total Debt	1,746	0.00	1,746	1,835	1,837	2,000	2,001	0.00	2,826	3,074	3,447
Total Long-Term Debt	1,725	0.00	1,746	1,835	1,737	2,000	2,001	0.00	2,776	3,054	3,331
Net Debt	1,491	-61	1,554	1,466	1,521	1,573	1,662	-299	2,334	2,543	3,077
Capital Expenditures (CapEx)	294	297	285	278	279	311	300	433	611	1,009	1,179
Debt-free, Cash-free Net Working Capital (DFCFNWC)	126	0.00	166	72	73	55	55	-32	92	-61	-164
Debt-free Net Working Capital (DFNWC)	241	61	243	339	290	355	270	145	420	308	52
Net Working Capital (NWC)	220	61	243	339	190	355	270	145	370	288	-64
Net Nonoperating Expense (NNE)	34	41	44	48	37	38	41	26	22	22	45
Net Nonoperating Obligations (NNO)	1,513	-2,158	1,576	1,490	1,542	1,597	1,686	1,919	2,372	2,586	3,343
Total Depreciation and Amortization (D&A)	143	147	166	169	174	176	179	174	200	228	258
Debt-free, Cash-free Net Working Capital to Revenue	9.92%	0.00%	12.32%	5.22%	5.42%	4.05%	3.77%	-1.98%	5.23%	-3.36%	-9.04%
Debt-free Net Working Capital to Revenue	18.96%	4.87%	18.00%	24.73%	21.56%	26.27%	18.53%	8.83%	23.77%	16.84%	2.86%
Net Working Capital to Revenue	17.30%	4.87%	18.00%	24.73%	14.13%	26.27%	18.53%	8.83%	20.95%	15.75%	-3.55%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.88	$3.94	$4.22	$4.50	$4.61	$4.70	$4.85	$5.11	$5.15	$5.50	$5.96
Adjusted Weighted Average Basic Shares Outstanding	50.22M	50.30M	50.36M	50.43M	50.50M	50.54M	50.60M	50.66M	50.72M	52.54M	54.24M
Adjusted Diluted Earnings per Share	$3.87	$3.94	$4.21	$4.49	$4.61	$4.69	$4.85	$5.11	$5.14	$5.50	$5.90
Adjusted Weighted Average Diluted Shares Outstanding	50.29M	50.37M	50.42M	50.51M	89.56M	50.57M	50.65M	50.70M	50.81M	52.62M	54.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.45M	89.55M	89.54M	89.53M	89.56M	89.62M	89.67M	89.72M	89.78M	93.13M	94.05M
Normalized Net Operating Profit after Tax (NOPAT)	228	240	257	276	270	276	287	286	284	312	248
Normalized NOPAT Margin	17.98%	18.98%	19.04%	20.12%	20.05%	20.45%	19.66%	17.37%	16.07%	17.06%	13.67%
Pre Tax Income Margin	18.91%	18.58%	19.40%	17.87%	19.15%	19.74%	19.39%	18.09%	16.37%	16.70%	17.12%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.53	3.43	3.74	3.42	3.53	3.58	3.77	3.78	3.01	2.82	2.44
NOPAT to Interest Expense	2.79	2.92	3.07	3.21	3.12	3.16	3.31	3.19	2.44	2.29	2.20
EBIT Less CapEx to Interest Expense	-0.06	-0.19	0.33	0.19	0.30	0.02	0.31	-1.06	-2.24	-4.61	-4.57
NOPAT Less CapEx to Interest Expense	-0.80	-0.70	-0.34	-0.02	-0.10	-0.40	-0.15	-1.65	-2.81	-5.13	-4.81
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.78%	53.00%	53.06%	53.37%	55.58%	57.91%	59.43%	59.44%	62.45%	60.89%	58.15%
Augmented Payout Ratio	51.47%	54.68%	54.57%	54.95%	57.36%	59.86%	60.66%	60.64%	63.70%	62.20%	59.18%

This table displays calculated financial ratios and metrics derived from IDACORP's official financial filings.

Metric	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025
Period end date	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.36%	-1.37%	-2.60%	4.49%	8.99%	3.45%	-3.36%	-3.67%	-0.04%	-0.78%	1.79%
EBITDA Growth	17.21%	5.04%	-5.50%	-3.04%	23.17%	9.98%	13.89%	9.18%	3.79%	10.44%	16.94%
EBIT Growth	9.70%	2.24%	-21.11%	-16.38%	27.11%	9.67%	16.32%	8.27%	-0.32%	8.31%	19.46%
NOPAT Growth	1.90%	-0.24%	-18.35%	-7.30%	28.75%	4.64%	17.92%	23.92%	14.06%	16.68%	23.30%
Net Income Growth	6.62%	-0.92%	-25.62%	-13.84%	30.47%	7.76%	21.18%	23.60%	6.99%	9.46%	15.10%
EPS Growth	6.30%	-1.43%	-26.51%	-14.41%	26.67%	2.42%	18.03%	15.79%	2.92%	6.60%	8.33%
Operating Cash Flow Growth	54.36%	37.37%	27.56%	221.33%	50.61%	30.07%	29.94%	13.31%	20.89%	-19.36%	0.98%
Free Cash Flow Firm Growth	-113.33%	-89.50%	-58.06%	14.64%	1.23%	-25.02%	-14.88%	-19.05%	-25.10%	-30.22%	-59.21%
Invested Capital Growth	13.36%	12.01%	11.69%	9.74%	12.07%	12.97%	12.05%	10.62%	13.29%	14.68%	16.84%
Revenue Q/Q Growth	-3.68%	23.46%	-19.37%	8.98%	0.47%	17.18%	-24.67%	8.62%	4.26%	16.31%	-22.73%
EBITDA Q/Q Growth	13.63%	33.58%	-45.38%	16.96%	44.35%	19.27%	-43.44%	12.12%	37.22%	26.91%	-40.11%
EBIT Q/Q Growth	19.49%	47.31%	-63.92%	31.67%	81.64%	27.09%	-61.73%	22.55%	67.23%	38.10%	-57.79%
NOPAT Q/Q Growth	21.76%	51.79%	-65.18%	44.02%	69.12%	23.37%	-60.76%	51.35%	55.66%	26.20%	-58.53%
Net Income Q/Q Growth	22.92%	53.41%	-70.32%	53.93%	86.14%	26.71%	-66.62%	57.01%	61.12%	29.63%	-64.90%
EPS Q/Q Growth	21.62%	53.33%	-70.53%	55.74%	80.00%	23.98%	-66.04%	52.78%	60.00%	28.41%	-65.49%
Operating Cash Flow Q/Q Growth	207.50%	59.76%	-32.37%	4.47%	33.44%	37.97%	-32.44%	-8.90%	42.36%	-7.97%	-15.39%
Free Cash Flow Firm Q/Q Growth	-5.20%	16.24%	-16.11%	16.57%	-21.74%	-6.01%	-6.69%	13.54%	-27.93%	-10.36%	-30.44%
Invested Capital Q/Q Growth	2.67%	1.17%	2.19%	3.39%	4.85%	1.97%	1.36%	2.07%	7.38%	3.22%	3.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	46.91%	39.25%	28.52%	30.95%	49.23%	42.44%	24.13%	40.68%	45.53%	39.62%	26.60%
EBITDA Margin	33.68%	36.44%	24.68%	26.49%	38.06%	38.74%	29.09%	30.03%	39.52%	43.12%	33.42%
Operating Margin	19.89%	24.72%	8.93%	11.05%	22.90%	25.30%	10.36%	12.70%	22.31%	27.62%	13.24%
EBIT Margin	22.02%	26.27%	11.76%	14.20%	25.68%	27.85%	14.15%	15.96%	25.60%	30.40%	16.61%
Profit (Net Income) Margin	16.64%	20.68%	7.61%	10.75%	19.92%	21.54%	9.54%	13.80%	21.32%	23.76%	10.79%
Tax Burden Percent	89.44%	88.47%	105.75%	112.98%	91.76%	87.44%	111.18%	126.41%	107.47%	94.19%	105.43%
Interest Burden Percent	84.51%	88.98%	61.24%	67.00%	84.54%	88.46%	60.67%	68.36%	77.48%	82.98%	61.65%
Effective Tax Rate	10.56%	11.53%	-5.75%	-12.98%	8.24%	12.56%	-11.18%	-26.41%	-7.47%	5.81%	-5.43%
Return on Invested Capital (ROIC)	6.59%	7.94%	3.33%	4.27%	7.06%	7.39%	3.76%	5.05%	7.10%	7.49%	3.94%
ROIC Less NNEP Spread (ROIC-NNEP)	6.36%	7.64%	2.98%	3.94%	6.86%	7.26%	3.44%	4.68%	6.67%	7.08%	3.51%
Return on Net Nonoperating Assets (RNNOA)	4.62%	5.45%	2.23%	3.21%	5.40%	5.63%	2.73%	3.90%	5.67%	6.05%	3.01%
Return on Equity (ROE)	11.22%	13.39%	5.56%	7.48%	12.47%	13.02%	6.48%	8.95%	12.77%	13.54%	6.95%
Cash Return on Invested Capital (CROIC)	-6.42%	-5.34%	-5.38%	-3.95%	-5.85%	-6.64%	-5.80%	-4.45%	-6.94%	-7.95%	-9.78%
Operating Return on Assets (OROA)	5.14%	5.90%	2.59%	3.13%	5.67%	5.89%	2.92%	3.22%	4.98%	5.72%	3.09%
Return on Assets (ROA)	3.88%	4.65%	1.68%	2.37%	4.40%	4.56%	1.97%	2.78%	4.15%	4.47%	2.01%
Return on Common Equity (ROCE)	11.19%	13.35%	5.55%	7.46%	12.44%	12.99%	6.47%	8.93%	12.74%	13.51%	6.93%
Return on Equity Simple (ROE_SIMPLE)	9.59%	9.34%	0.00%	8.72%	8.61%	8.66%	0.00%	9.01%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	74	112	39	56	95	117	46	69	108	136	57
NOPAT Margin	17.79%	21.87%	9.44%	12.48%	21.01%	22.12%	11.52%	16.06%	23.97%	26.01%	13.96%
Net Nonoperating Expense Percent (NNEP)	0.23%	0.30%	0.35%	0.33%	0.21%	0.13%	0.32%	0.37%	0.43%	0.41%	0.43%
Return On Investment Capital (ROIC_SIMPLE)	-	-	0.68%	-	-	-	0.72%	1.02%	1.58%	1.97%	0.81%
Cost of Revenue to Revenue	53.09%	60.75%	71.48%	69.05%	50.77%	57.56%	75.87%	59.32%	54.47%	60.38%	73.40%
SG&A Expenses to Revenue	0.17%	0.14%	0.22%	0.16%	0.17%	0.13%	0.47%	0.15%	0.14%	0.22%	0.59%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	27.03%	14.53%	19.58%	19.91%	26.34%	17.14%	13.76%	27.98%	23.23%	12.00%	13.36%
Earnings before Interest and Taxes (EBIT)	91	134	48	64	116	147	56	69	115	159	67
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	139	186	102	119	172	205	116	130	178	226	135
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.09	2.78	2.91	2.81	2.60	2.91	3.01	3.23	3.16	3.54	3.28
Price to Tangible Book Value (P/TBV)	3.09	2.78	2.91	2.81	2.60	2.91	3.01	3.23	3.16	3.54	3.28
Price to Revenue (P/Rev)	4.95	4.57	4.79	4.59	4.55	5.18	5.49	5.98	5.94	6.82	6.46
Price to Earnings (P/E)	32.33	29.86	32.42	32.38	30.28	33.71	34.65	36.00	35.05	38.76	36.22
Dividend Yield	3.17%	3.49%	3.39%	3.55%	3.55%	3.22%	3.09%	2.91%	2.95%	2.60%	2.75%
Earnings Yield	3.09%	3.35%	3.08%	3.09%	3.30%	2.97%	2.89%	2.78%	2.85%	2.58%	2.76%
Enterprise Value to Invested Capital (EV/IC)	2.16	2.00	2.04	1.95	1.88	2.06	2.12	2.23	2.09	2.28	2.14
Enterprise Value to Revenue (EV/Rev)	6.20	5.83	6.12	5.98	5.93	6.56	6.88	7.45	7.50	8.46	8.16
Enterprise Value to EBITDA (EV/EBITDA)	20.22	18.63	19.66	19.53	18.67	20.21	20.57	21.68	21.60	23.51	22.10
Enterprise Value to EBIT (EV/EBIT)	30.71	28.52	30.88	31.61	29.82	32.17	32.82	34.73	35.00	38.18	35.99
Enterprise Value to NOPAT (EV/NOPAT)	37.64	35.27	38.07	38.26	36.00	39.58	40.34	41.57	40.20	42.59	40.04
Enterprise Value to Operating Cash Flow (EV/OCF)	54.71	42.37	40.48	22.84	20.92	21.44	21.15	22.14	21.23	25.45	24.59
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.87	0.96	0.97	0.95	0.88	0.95	0.92	1.03	1.01	0.99	0.96
Long-Term Debt to Equity	0.87	0.96	0.95	0.95	0.87	0.93	0.91	1.03	1.01	0.95	0.93
Financial Leverage	0.73	0.71	0.75	0.82	0.79	0.78	0.79	0.83	0.85	0.85	0.86
Leverage Ratio	2.74	2.77	2.80	2.82	2.72	2.80	2.83	2.86	2.82	2.83	2.81
Compound Leverage Factor	2.32	2.46	1.71	1.89	2.30	2.48	1.72	1.95	2.18	2.35	1.73
Debt to Total Capital	46.45%	49.11%	49.22%	48.71%	46.87%	48.80%	47.94%	50.69%	50.29%	49.70%	49.07%
Short-Term Debt to Total Capital	0.00%	0.00%	0.87%	0.00%	0.83%	1.09%	0.31%	0.00%	0.00%	1.68%	1.66%
Long-Term Debt to Total Capital	46.45%	49.11%	48.36%	48.71%	46.04%	47.71%	47.63%	50.69%	50.29%	48.02%	47.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.14%	0.14%	0.13%	0.13%	0.13%	0.12%	0.11%	0.10%	0.11%	0.11%	0.10%
Common Equity to Total Capital	53.40%	50.75%	50.65%	51.16%	53.01%	51.08%	51.95%	49.21%	49.60%	50.19%	50.84%
Debt to EBITDA	4.54	5.08	5.14	5.08	4.89	5.23	5.03	5.54	5.48	5.30	5.15
Net Debt to EBITDA	4.06	4.00	4.24	4.51	4.31	4.24	4.16	4.27	4.48	4.55	4.59
Long-Term Debt to EBITDA	4.54	5.08	5.05	5.08	4.80	5.12	5.00	5.54	5.48	5.12	4.97
Debt to NOPAT	8.45	9.63	9.95	9.95	9.42	10.25	9.86	10.63	10.21	9.61	9.33
Net Debt to NOPAT	7.56	7.57	8.22	8.83	8.30	8.31	8.16	8.19	8.33	8.25	8.32
Long-Term Debt to NOPAT	8.45	9.63	9.78	9.95	9.25	10.02	9.80	10.63	10.21	9.28	9.01
Altman Z-Score	1.72	1.60	1.53	1.54	1.54	1.62	1.60	1.64	1.60	1.72	1.60
Noncontrolling Interest Sharing Ratio	0.26%	0.27%	0.25%	0.25%	0.25%	0.25%	0.23%	0.23%	0.23%	0.23%	0.20%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.57	2.12	1.58	1.54	1.55	1.70	1.41	1.81	1.45	1.09	0.93
Quick Ratio	0.85	1.43	0.90	0.77	0.87	1.15	0.87	1.30	1.00	0.69	0.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-529	-443	-514	-429	-523	-554	-591	-511	-654	-721	-941
Operating Cash Flow to CapEx	64.80%	105.56%	57.09%	45.78%	44.84%	101.36%	73.63%	67.57%	61.29%	62.44%	38.92%
Free Cash Flow to Firm to Interest Expense	-18.87	-14.75	-15.63	-13.08	-16.10	-16.22	-16.22	-13.81	-15.39	-16.07	-21.46
Operating Cash Flow to Interest Expense	3.47	5.17	3.19	3.34	4.51	5.91	3.74	3.36	4.17	3.63	3.14
Operating Cash Flow Less CapEx to Interest Expense	-1.88	0.27	-2.40	-3.96	-5.55	0.08	-1.34	-1.61	-2.63	-2.18	-4.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.23	0.22	0.22	0.22	0.22	0.21	0.21	0.20	0.19	0.19	0.19
Accounts Receivable Turnover	7.75	7.42	7.17	7.52	6.66	7.08	7.54	7.64	6.52	6.62	7.92
Inventory Turnover	11.15	10.22	8.79	7.54	6.77	6.11	5.65	5.12	4.93	4.91	4.74
Fixed Asset Turnover	0.34	0.33	0.32	0.32	0.32	0.31	0.30	0.29	0.27	0.26	0.26
Accounts Payable Turnover	6.89	6.06	3.91	5.65	5.33	4.86	3.72	4.68	4.60	4.01	3.42
Days Sales Outstanding (DSO)	47.10	49.16	50.90	48.52	54.81	51.55	48.42	47.75	55.99	55.16	46.06
Days Inventory Outstanding (DIO)	32.74	35.72	41.51	48.42	53.89	59.70	64.57	71.26	74.02	74.33	77.02
Days Payable Outstanding (DPO)	52.98	60.22	93.24	64.59	68.49	75.16	98.11	78.07	79.28	90.95	106.60
Cash Conversion Cycle (CCC)	26.85	24.66	-0.82	32.35	40.21	36.08	14.88	40.94	50.73	38.55	16.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,114	5,174	5,287	5,466	5,731	5,845	5,924	6,047	6,493	6,702	6,922
Invested Capital Turnover	0.37	0.36	0.35	0.34	0.34	0.33	0.33	0.31	0.30	0.29	0.28
Increase / (Decrease) in Invested Capital	603	555	553	485	617	671	637	580	762	858	997
Enterprise Value (EV)	11,058	10,353	10,809	10,669	10,800	12,068	12,572	13,486	13,578	15,281	14,801
Market Capitalization	8,829	8,122	8,468	8,200	8,302	9,526	10,021	10,823	10,757	12,314	11,717
Book Value per Share	$31.79	$32.54	$32.39	$57.43	$35.58	$35.39	$36.04	$35.93	$36.49	$37.36	$38.33
Tangible Book Value per Share	$31.79	$32.54	$32.39	$57.43	$35.58	$35.39	$36.04	$35.93	$36.49	$37.36	$38.33
Total Capital	5,344	5,755	5,740	5,698	6,030	6,401	6,412	6,800	6,854	6,936	7,026
Total Debt	2,482	2,826	2,826	2,776	2,826	3,124	3,074	3,447	3,447	3,447	3,447
Total Long-Term Debt	2,482	2,826	2,776	2,776	2,776	3,054	3,054	3,447	3,447	3,331	3,331
Net Debt	2,221	2,223	2,334	2,462	2,490	2,534	2,543	2,656	2,814	2,959	3,077
Capital Expenditures (CapEx)	150	147	184	240	326	199	185	184	289	261	354
Debt-free, Cash-free Net Working Capital (DFCFNWC)	131	104	92	117	169	69	-61	-92	-137	-142	-164
Debt-free Net Working Capital (DFNWC)	265	549	420	275	339	497	308	543	337	192	52
Net Working Capital (NWC)	265	549	370	275	289	427	288	543	337	75	-64
Net Nonoperating Expense (NNE)	4.74	6.07	7.55	7.77	4.92	3.07	7.88	9.78	12	12	13
Net Nonoperating Obligations (NNO)	2,253	2,245	2,372	2,544	2,527	2,567	2,586	2,693	3,086	3,214	3,343
Total Depreciation and Amortization (D&A)	48	52	53	55	56	58	59	61	63	67	68
Debt-free, Cash-free Net Working Capital to Revenue	7.31%	5.84%	5.23%	6.57%	9.27%	3.74%	-3.36%	-5.08%	-7.59%	-7.85%	-9.04%
Debt-free Net Working Capital to Revenue	14.87%	30.90%	23.77%	15.40%	18.58%	27.00%	16.84%	29.98%	18.62%	10.60%	2.86%
Net Working Capital to Revenue	14.87%	30.90%	20.95%	15.40%	15.84%	23.21%	15.75%	29.98%	18.62%	4.16%	-3.55%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.35	$2.08	$0.61	$0.95	$1.72	$2.13	$0.70	$1.10	$1.77	$2.30	$0.79
Adjusted Weighted Average Basic Shares Outstanding	50.73M	50.73M	50.72M	50.76M	52.17M	53.39M	52.54M	54.11M	54.16M	54.17M	54.24M
Adjusted Diluted Earnings per Share	$1.35	$2.07	$0.61	$0.95	$1.71	$2.12	$0.72	$1.10	$1.76	$2.26	$0.78
Adjusted Weighted Average Diluted Shares Outstanding	50.76M	50.81M	50.81M	50.79M	52.24M	53.49M	52.62M	54.13M	54.38M	55.06M	54.81M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	89.77M	89.77M	89.78M	89.85M	92.40M	92.42M	93.13M	93.17M	93.18M	93.20M	94.05M
Normalized Net Operating Profit after Tax (NOPAT)	74	112	26	35	95	117	29	38	70	136	38
Normalized NOPAT Margin	17.79%	21.87%	6.25%	7.73%	21.01%	22.12%	7.26%	8.89%	15.61%	26.01%	9.27%
Pre Tax Income Margin	18.61%	23.37%	7.20%	9.52%	21.71%	24.63%	8.58%	10.91%	19.84%	25.23%	10.24%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.25	4.47	1.47	1.94	3.57	4.31	1.55	1.87	2.72	3.55	1.54
NOPAT to Interest Expense	2.63	3.72	1.18	1.71	2.92	3.42	1.26	1.88	2.54	3.04	1.29
EBIT Less CapEx to Interest Expense	-2.10	-0.43	-4.12	-5.36	-6.49	-1.52	-3.54	-3.11	-4.08	-2.26	-6.54
NOPAT Less CapEx to Interest Expense	-2.72	-1.18	-4.41	-5.59	-7.14	-2.41	-3.83	-3.09	-4.25	-2.77	-6.78
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	57.91%	58.88%	62.45%	65.23%	61.03%	60.75%	60.89%	59.98%	60.18%	58.86%	58.15%
Augmented Payout Ratio	57.91%	58.88%	63.70%	65.23%	61.03%	60.75%	62.20%	59.98%	60.18%	58.86%	59.18%

Financials Breakdown Chart

IDACORP Financials - Frequently Asked Questions

According to the most recent income statement we have on file, IDACORP's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

IDACORP's net income appears to be on an upward trend, with a most recent value of $324.13 million in 2025, rising from $194.48 million in 2015. The previous period was $289.95 million in 2024. View IDACORP's forecast to see where analysts expect IDACORP to go next.

IDACORP's total operating income in 2025 was $353.98 million, based on the following breakdown:

Total Gross Profit: $696.76 million
Total Operating Expenses: $342.79 million

Over the last 10 years, IDACORP's total revenue changed from $1.27 billion in 2015 to $1.81 billion in 2025, a change of 42.7%.

IDACORP's total liabilities were at $6.43 billion at the end of 2025, a 9.0% increase from 2024, and a 62.3% increase since 2015.

In the past 10 years, IDACORP's cash and equivalents has ranged from $61.48 million in 2016 to $368.87 million in 2024, and is currently $215.72 million as of their latest financial filing in 2025.

Over the last 10 years, IDACORP's book value per share changed from 23.00 in 2015 to 38.33 in 2025, a change of 66.7%.

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Financial statements for NYSE:IDA last updated on 2/22/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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IDACORP (IDA) Financials

Financials Breakdown Chart

IDACORP Financials - Frequently Asked Questions

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IDACORP (IDA) Financials

Annual Income Statements for IDACORP

Quarterly Income Statements for IDACORP

Annual Cash Flow Statements for IDACORP

Quarterly Cash Flow Statements for IDACORP

Annual Balance Sheets for IDACORP

Quarterly Balance Sheets for IDACORP

Annual Metrics And Ratios for IDACORP

Quarterly Metrics And Ratios for IDACORP

Financials Breakdown Chart

IDACORP Financials - Frequently Asked Questions

When does IDACORP's fiscal year end?

How has IDACORP's net income changed over the last 10 years?

What is IDACORP's operating income?

How has IDACORP's revenue changed over the last 10 years?

How much debt does IDACORP have?

How much cash does IDACORP have?

How has IDACORP's book value per share changed over the last 10 years?

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