IDAIDACORP, Inc.
Is the business good?
The checks split: nothing decisive, though earnings fully cash-backed (2.2×).
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Margins have held roughly steady, a stable cost structure.
Margin-driven, fat margins on slower asset turns. ROE 9% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
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.
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
- 2.15×
Cash conversion · 1.91× a year ago · operating cash flow covers the operating profit after tax
| 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 is operating cash flow over operating profit after tax.
Utilities, Regulated Electric
Ranks #13 of 15 by RyuScore