Is the business good?
How good a business is IDA?
IDACORP, Inc. earns 4.0% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
4.0%
Return on invested capital · cost of capital 9.0% · 5.0 points below what the capital costs: growth destroys value
- Operating margin
- 20%
Operating margin · Utilities - Regulated Electric median 22% · 12 months to Q4 2025
- Cash conversion
- −1.78×
Cash conversion · −1.44× a year ago · some of the reported profit has not turned into cash yet
| Year | Operating margin |
|---|---|
| FY2020 | 23% |
| FY2021 | 23% |
| FY2022 | 20% |
| FY2023 | 18% |
| FY2024 | 18% |
| FY2025 | 20% |
Details›
- Operating margin12 months to Q4 2025
- 20%
- Net margin12 months to Q4 2025
- 18%
- Free cash flow margin
- −32%
- Revenue, trailing twelve months
- $1.81B
- Free cash flow, trailing twelve months
- −$577M
- Net income, trailing twelve months
- $323M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 4.0%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Utilities - Regulated Electric
Ranks #35 of 37 by Smart Score