IDA Financials Idacorp Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Nov 1, 2026, 10:31 UTC Overview →

Growth & profitability

Revenue has grown 6.3% per year over the past 5 years.
Net income has grown in line with revenue (6.4% vs 6.3% per year).
Operating margin has contracted, at 20.3% in the latest year.

Financial health

Total debt ($3.4B) exceeds cash ($216M); net debt is $3.2B.
Total debt has grown faster than revenue (11.5% vs 6.3% per year).
Operating income covered interest expense 2.1× in the latest year, down from 3.5× 5 years ago.
Total debt is 5.6× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 58.3% of earnings.
The dividend has grown 6.5% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$1.7B	$323M	0.0%	20.3%	9.1%	3.2%	-$577M	$3.4B	$216M
2024	$1.8B	$289M	0.0%	18.5%	8.7%	3.1%	-$415M	$3.1B	$369M
2023	$1.6B	$261M	0.0%	19.1%	9.0%	3.1%	-$344M	$2.8B	$327M
2022	$1.6B	$259M	0.0%	21.0%	9.2%	3.4%	-$81M	$2.2B	$178M
2021	$1.4B	$246M	0.0%	23.8%	9.2%	3.4%	$63M	$2.0B	$215M
2020	$1.3B	$237M	0.0%	24.1%	9.3%	3.3%	$77M	$2.0B	$275M
2019	$1.3B	$233M	0.0%	23.2%	9.4%	3.5%	$88M	$1.8B	$217M
2018	$1.3B	$227M	0.0%	22.6%	9.6%	3.6%	$214M	$1.8B	$267M
2017	$1.3B	$212M	0.0%	23.9%	9.4%	3.5%	$150M	$1.7B	$77M
2016	$1.2B	$198M	0.0%	23.3%	9.2%	3.2%	$47M	$1.8B	$61M
2015	—	$195M	—	—	9.5%	3.2%	$59M	$1.7B	$115M
2014	—	$193M	—	—	9.9%	3.4%	$90M	$1.6B	$57M
2013	—	$182M	—	—	9.9%	3.4%	$59M	$1.7B	$78M
2012	—	$173M	—	—	9.9%	3.3%	$9M	$1.6B	$27M
2011	—	$170M	—	—	10.4%	3.5%	-$28M	$1.5B	$28M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$615M	$160M	0.0%	29.1%	3.9%	1.4%	—	$3.9B	$188M
Dec '25	$360M	$44M	0.0%	14.9%	1.2%	0.4%	-$216M	$3.4B	$216M
Sep '25	$526M	$124M	0.0%	27.5%	3.6%	1.2%	-$128M	$3.4B	$333M
Jun '25	$449M	$96M	0.0%	22.4%	2.8%	1.0%	-$156M	$3.4B	$474M
Mar '25	$411M	$60M	0.0%	13.4%	1.8%	0.6%	-$77M	$3.4B	$634M
Dec '24	$376M	$38M	0.0%	11.0%	1.1%	0.4%	-$49M	$3.1B	$369M
Sep '24	$532M	$114M	0.0%	25.1%	3.5%	1.2%	-$16M	$3.1B	$428M
Jun '24	$443M	$90M	0.0%	23.3%	2.8%	1.0%	-$200M	$2.8B	$170M
Mar '24	$418M	$48M	0.0%	11.9%	1.7%	0.6%	-$150M	$2.8B	$158M
Dec '23	$372M	$31M	0.0%	9.9%	1.1%	0.4%	-$79M	$2.8B	$327M
Sep '23	$497M	$105M	0.0%	25.4%	3.6%	1.3%	$2M	$2.8B	$445M
Jun '23	$385M	$69M	0.0%	21.4%	2.4%	0.9%	-$59M	$2.5B	$135M
Mar '23	$386M	$56M	0.0%	17.7%	2.0%	0.7%	-$209M	$2.6B	$358M
Dec '22	$379M	$42M	0.0%	15.0%	1.5%	0.6%	-$45M	$2.2B	$178M
Sep '22	$515M	$106M	0.0%	24.9%	3.8%	1.4%	$2M	$2.2B	$226M
Jun '22	$345M	$64M	0.0%	23.6%	2.4%	0.9%	-$29M	$2.2B	$238M
Mar '22	$318M	$46M	0.0%	19.1%	1.7%	0.6%	-$10M	$2.1B	$219M
Dec '21	$299M	$33M	0.0%	17.4%	1.2%	0.5%	-$43M	$2.0B	$215M
Sep '21	$435M	$98M	0.0%	28.6%	3.7%	1.3%	$68M	$2.0B	$300M
Jun '21	$357M	$70M	0.0%	25.9%	2.7%	1.0%	$33M	$2.0B	$260M

Valuation over time

How the market has priced IDA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.6× (Mar '23) to 26.4× (Nov '26).
The price-to-sales ratio has risen from 4.1× (Mar '23) to 4.9× (Nov '26).
The dividend yield has fallen from 2.4% (Mar '23) to 2.2% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is IDA growing its revenue and profit?

Over the past 5 years, Idacorp Inc's revenue has grown 6.3% per year, and net income grown 6.4% per year. These are computed facts, not advice.

How much debt does IDA have?

As of FY2025, Idacorp Inc reported $3.4B of total debt against $216M of cash; operating income covered interest expense 2.1×.

What is IDA's profit margin?

In FY2025, gross margin was —, operating margin 20.3%, and net margin 18.5%.

What is IDA's P/E ratio?

Idacorp Inc's P/E (TTM) is 26.42 as of the 2026-11-03 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the IDA stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 26.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.