IDACORP, Inc. (IDA) Financial Ratios
30 years of historical data (1996–2025) · Utilities · Regulated Electric
EV/EBITDA
↑
17.38
+15% vs avg
5yr avg: 15.08
30Y Low6.5·High15.9
P/FCF
N/A
—
5yr avg: 90.71
30Y Low4.4·High90.7
P/B Ratio
↓
2.19
+16% vs avg
5yr avg: 1.89
30Y Low1.0·High2.2
ROE
↓
9.4%
↓+1% vs avg
5yr avg: 9.3%
30Y Low5%·High16%
Debt/EBITDA
↑
5.59
+12% vs avg
5yr avg: 4.99
30Y Low2.9·High5.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IDA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
IDACORP, Inc. trades at 24.3x earnings, 16% above its 5-year average of 21.0x, sitting at the 97th percentile of its historical range. Compared to the Utilities sector median P/E of 19.5x, the stock trades at a premium of 24%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.9B | $6.9B | $5.7B | $5.0B | $5.5B | $5.7B | $4.9B | $5.4B | $4.7B | $4.6B | $4.1B |
| Enterprise Value | $11.4B | $10.4B | $8.5B | $7.5B | $7.5B | $7.5B | $6.6B | $7.0B | $6.3B | $6.3B | $5.8B |
| P/E Ratio → | 24.27 | 21.45 | 19.87 | 19.13 | 21.11 | 23.36 | 20.48 | 23.17 | 20.73 | 21.70 | 20.44 |
| P/S Ratio | 4.38 | 3.83 | 3.15 | 2.83 | 3.33 | 3.94 | 3.60 | 4.01 | 3.43 | 3.41 | 3.22 |
| P/B Ratio | 2.19 | 1.94 | 1.72 | 1.71 | 1.94 | 2.15 | 1.89 | 2.18 | 1.98 | 2.04 | 1.88 |
| P/FCF | — | — | — | — | — | 90.71 | 62.91 | 61.39 | 21.99 | 30.20 | 79.94 |
| P/OCF | 13.18 | 11.53 | 9.67 | 18.71 | 15.57 | 15.80 | 12.51 | 14.72 | 9.56 | 10.52 | 11.67 |
P/E links to full P/E history page with 30-year chart
IDA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
IDACORP, Inc.'s enterprise value stands at 17.4x EBITDA, 15% above its 5-year average of 15.1x. The Utilities sector median is 12.0x, placing the stock at a 45% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.73 | 4.63 | 4.24 | 4.55 | 5.16 | 4.87 | 5.21 | 4.57 | 4.65 | 4.57 |
| EV / EBITDA | 17.38 | 15.85 | 15.21 | 14.60 | 14.95 | 14.78 | 13.56 | 14.86 | 13.45 | 13.04 | 13.38 |
| EV / EBIT | 28.70 | 21.70 | 19.18 | 18.47 | 19.35 | 20.36 | 18.59 | 20.38 | 18.94 | 18.16 | 18.21 |
| EV / FCF | — | — | — | — | — | 118.93 | 85.26 | 79.81 | 29.32 | 41.15 | 113.55 |
IDA Profitability
Margins and return-on-capital ratios measuring operating efficiency
IDACORP, Inc. earns an operating margin of 21.9%, above the Utilities sector average of 19.8%. Operating margins have expanded from 17.7% to 21.9% over the past 3 years, signaling improving operational efficiency. ROE of 9.4% is modest. ROIC of 4.6% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 22.1% | 22.1% | 18.2% | 17.9% | 20.1% | 22.8% | 23.1% | 22.4% | 21.8% | 26.3% | 25.0% |
| Operating Margin | 21.9% | 21.9% | 17.9% | 17.7% | 19.9% | 22.6% | 22.9% | 22.2% | 21.7% | 23.4% | 22.5% |
| Net Profit Margin | 17.8% | 17.8% | 15.8% | 14.8% | 15.8% | 16.8% | 17.6% | 17.3% | 16.5% | 15.7% | 15.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.4% | 9.4% | 9.2% | 9.1% | 9.4% | 9.4% | 9.4% | 9.6% | 9.8% | 9.6% | 9.4% |
| ROA | 3.3% | 3.3% | 3.3% | 3.3% | 3.5% | 3.4% | 3.5% | 3.6% | 3.6% | 3.4% | 3.2% |
| ROIC | 4.6% | 4.6% | 4.3% | 4.6% | 5.3% | 5.6% | 5.5% | 5.6% | 5.7% | 6.1% | 5.6% |
| ROCE | 4.3% | 4.3% | 4.0% | 4.2% | 4.7% | 4.8% | 4.7% | 4.8% | 5.0% | 5.3% | 4.8% |
IDA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
IDACORP, Inc. carries a Debt/EBITDA ratio of 5.6x, which is highly leveraged (10% above the sector average of 5.1x). Net debt stands at $3.4B ($3.7B total debt minus $216M cash). Interest coverage of just 2.8x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.02 | 1.02 | 0.92 | 0.97 | 0.78 | 0.75 | 0.78 | 0.74 | 0.77 | 0.77 | 0.82 |
| Debt / EBITDA | 5.59 | 5.59 | 5.53 | 5.50 | 4.38 | 3.93 | 4.12 | 3.89 | 3.94 | 3.63 | 4.10 |
| Net Debt / Equity | — | 0.96 | 0.81 | 0.86 | 0.72 | 0.67 | 0.67 | 0.66 | 0.66 | 0.74 | 0.79 |
| Net Debt / EBITDA | 5.26 | 5.26 | 4.87 | 4.87 | 4.03 | 3.51 | 3.55 | 3.43 | 3.36 | 3.47 | 3.96 |
| Debt / FCF | — | — | — | — | — | 28.22 | 22.35 | 18.42 | 7.33 | 10.95 | 33.61 |
| Interest Coverage | 2.85 | 2.85 | 3.24 | 3.48 | 4.33 | 4.26 | 4.05 | 3.98 | 3.85 | 4.13 | 3.86 |
IDA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.93x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.58x to 0.93x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.93 | 0.93 | 1.41 | 1.58 | 1.26 | 1.83 | 2.23 | 1.51 | 2.31 | 2.21 | 1.76 |
| Quick Ratio | 0.93 | 0.93 | 1.06 | 1.33 | 1.07 | 1.54 | 1.90 | 1.20 | 1.91 | 1.65 | 1.32 |
| Cash Ratio | 0.24 | 0.24 | 0.53 | 0.52 | 0.32 | 0.66 | 1.04 | 0.58 | 1.03 | 0.38 | 0.25 |
| Asset Turnover | — | 0.17 | 0.20 | 0.21 | 0.22 | 0.20 | 0.19 | 0.20 | 0.21 | 0.22 | 0.20 |
| Inventory Turnover | — | — | 6.11 | 9.03 | 12.25 | 11.78 | 10.75 | 9.16 | 10.40 | 8.85 | 8.49 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
IDA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
IDACORP, Inc. returns 2.4% to shareholders annually — split between a 2.4% dividend yield and 0.0% buyback yield. A payout ratio of 58.3% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 4.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.4% | 2.7% | 3.1% | 3.3% | 2.8% | 2.5% | 2.8% | 2.4% | 2.6% | 2.5% | 2.6% |
| Payout Ratio | 58.3% | 58.3% | 61.1% | 62.6% | 59.6% | 59.5% | 58.0% | 55.7% | 53.5% | 53.3% | 52.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.1% | 4.7% | 5.0% | 5.2% | 4.7% | 4.3% | 4.9% | 4.3% | 4.8% | 4.6% | 4.9% |
| FCF Yield | — | — | — | — | — | 1.1% | 1.6% | 1.6% | 4.5% | 3.3% | 1.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.1% |
| Total Shareholder Yield | 2.4% | 2.8% | 3.1% | 3.3% | 2.8% | 2.5% | 2.8% | 2.5% | 2.7% | 2.5% | 2.7% |
| Shares Outstanding | — | $55M | $53M | $51M | $51M | $51M | $51M | $51M | $51M | $50M | $50M |
Peer Comparison
Compare IDA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IDAYou | $8B | 24.3 | 17.4 | — | 22.1% | 21.9% | 9.4% | 4.6% | 5.6 |
 POR | $6B | 17.6 | 9.8 | — | 33.6% | 16.4% | 7.7% | 4.5% | 4.9 |
 AVA | $3B | 17.2 | 10.5 | — | 24.2% | 18.0% | 7.3% | 4.5% | 5.3 |
 NWE | $4B | 24.6 | 13.4 | — | 82.3% | 20.2% | 6.3% | 4.0% | 5.7 |
 OTTR | $4B | 13.4 | 9.5 | 37.6 | 27.8% | 26.5% | 15.6% | 10.4% | 2.4 |
 NWPX | $1B | 30.8 | 16.4 | 22.4 | 19.7% | 9.7% | 9.2% | 7.6% | 1.5 |
 BKH | $6B | 18.9 | 12.5 | — | 38.5% | 23.3% | 7.8% | 4.9% | 5.7 |
 HE | $2B | -1.4 | — | 14.4 | -53.0% | -53.0% | -73.2% | -28.6% | — |
 PNW | $12B | 19.7 | 14.3 | — | 25.4% | 20.9% | 8.8% | 3.9% | 8.5 |
 EVRG | $19B | 22.6 | 12.7 | — | 32.3% | 25.2% | 8.4% | 4.5% | 5.7 |
 ALE | $4B | 21.9 | 13.0 | 38.6 | 32.5% | 10.5% | 5.3% | 2.3% | 4.1 |
| Utilities Median | — | 19.5 | 12.0 | 16.2 | 39.6% | 19.8% | 9.3% | 4.8% | 5.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonIDA — Frequently Asked Questions
Quick answers to the most common questions about buying IDA stock.
What is IDACORP, Inc.'s P/E ratio?
IDACORP, Inc.'s current P/E ratio is 24.3x. The historical average is 17.2x. This places it at the 97th percentile of its historical range.
What is IDACORP, Inc.'s EV/EBITDA?
IDACORP, Inc.'s current EV/EBITDA is 17.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 11.1x.
What is IDACORP, Inc.'s ROE?
IDACORP, Inc.'s return on equity (ROE) is 9.4%. The historical average is 9.5%.
Is IDA stock overvalued?
Based on historical data, IDACORP, Inc. is trading at a P/E of 24.3x. This is at the 97th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is IDACORP, Inc.'s dividend yield?
IDACORP, Inc.'s current dividend yield is 2.40% with a payout ratio of 58.3%.
What are IDACORP, Inc.'s profit margins?
IDACORP, Inc. has 22.1% gross margin and 21.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does IDACORP, Inc. have?
IDACORP, Inc.'s Debt/EBITDA ratio is 5.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.