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Regulated electric utility (Idaho Power) serving southern Idaho and eastern Oregon.
Regulated electric utility (Idaho Power) serving southern Idaho and eastern Oregon.
Rates are set by Idaho and Oregon regulators to cover costs and allow a return on invested capital, so earnings growth comes from investing in more plant. A power-cost adjustment mechanism passes part of fuel and purchased-power swings to customers. Hydropower from the Snake River's Hells Canyon dams keeps its power cheaper.
Moat: narrow (regulatory licence, scale). Regulated monopoly territory with low-cost hydro generation and fast-growing service area.
Headquarters: Boise, Idaho, US · Founded: 1915 · Employees: 2,174
Size IDACORP (IDA) is a United States Utilities company (Electric Utilities) with a market value of $8.63B, the 850th largest of 3,117 United States companies the cockpit tracks. Shares closed at $146.55 on 6 Nov 2026.
Performance Over six months the shares gained 1.8%, against -4.3% for the median peer and -1.1% for the United States market (cap-weighted) — 8th highest of 21 in its peer set.
Growth Revenue grew 3.7% over the last twelve months (peer median +7.6%); the operating margin is 23.5% (peer median 15.6%).
Valuation It trades at 21.7× forward earnings against a peer median of 16.5× (3rd most expensive of 19).
Capital Return on invested capital runs 2.3 points below its cost of capital (6.6% WACC).
Credit IDACORP has 6 bonds outstanding ($1.95B), rated A- by the agencies and trading like A at a weighted spread of 84 bp.
Short interest Short interest is 8.5% of the free float (15 Oct 2026).
Next results Next results expected around 18 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.88B | $1.81B | $1.83B | $1.77B | $1.64B |
| Revenue growth | — | -1% | +3% | +8% | — |
| Gross profit | $447M | $401M | $416M | $294M | $257M |
| EBITDA | $722M | $655M | $640M | $490M | $428M |
| Net income | $374M | $323M | $289M | $261M | $259M |
| Free cash flow | -$1.02B | -$577M | -$415M | -$344M | -$81.3M |
| Capital expenditure | $1.55B | $1.20B | $1.01B | $614M | $442M |
| Total debt | $4.08B | $3.66B | $3.07B | $2.83B | $2.19B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| IDACORP IDA | $8.63B | +2% | +4% | 23% | 21.7× | n/a |
| Portland General Electric POR | $5.47B | -5% | +3% | 16% | 12.9× | n/a |
| NorthWestern Energy NWE | $5.09B | +14% | +11% | 19% | 20.6× | n/a |
| Avista AVA | $3.37B | -1% | -1% | 19% | 15.0× | n/a |
| Black Hills BKH | $6.47B | +13% | +3% | 24% | 18.2× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | IDA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +9.3% | +0.3% | 3rd highest of 21 |
| 6-month return | +1.8% | -4.3% | 8th highest of 21 |
| Distance from 52-week high | -5.4% | -17.1% | 3rd highest of 21 |
| Revenue growth (TTM) | +3.7% | +7.6% | 7th lowest of 21 |
| Operating margin | 23.5% | 15.6% | 8th highest of 21 |
| Forward P/E | 21.7× | 16.5× | 3rd most expensive of 19 |
| ROIC minus cost of capital | -2.3 pp | -0.4 pp | 5th lowest of 21 |
| EV / EBITDA | 17.3× | 11.8× | 4th most expensive of 16 |
| Net debt / EBITDA | 5.4× | 5.4× | 9th least indebted of 17 |
| Bond spread | 84 bp | 97 bp | 3rd tightest of 5 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| IDACORP IDA | United States | $8.63B | +2% | +4% | 23% | 21.7× | n/a | n/a |
| Huadian Power International 600027.SS | China | $8.61B | +3% | -7% | 6% | 13.2× | -0.4% | +6.3% |
| A2A A2A.MI | Italy | $8.55B | +4% | +14% | 8% | 11.9× | 2.8% | +15.6% |
| NHPC NHPC.NS | India | $8.72B | +1% | +12% | 30% | 19.4× | n/a | n/a |
| PGE Polska Grupa Energetyczna PGE.WA | Poland | $9.02B | +47% | -2% | 12% | 5.5× | n/a | n/a |
| Bkw BKW.SW | Switzerland | $8.12B | -17% | -5% | 11% | 14.1× | 1.6% | +7.4% |
| Companhia Paranaense de Energia Sponsored ADR ELPC | United States | $7.92B | -15% | +27% | 19% | 16.3× | -5.5% | +5.3% |
| Brookfield Renewable Partners LP BEP-UN.TO | Canada | $9.41B | -7% | +7% | 11% | n/a | n/a | n/a |
| Sembcorp Industries U96.SI | Singapore | $7.91B | -8% | +8% | 11% | 11.5× | n/a | n/a |
| Redeia Corporacion RED.MC | Spain | $9.47B | +8% | +15% | 43% | 16.7× | n/a | n/a |
| Edison EDNR.MI | Italy | $9.87B | -12% | +6% | 3% | n/a | n/a | n/a |
| Hikari Tsushin 9435.T | Japan | $10.0B | -5% | +7% | 15% | 12.5× | 6.7% | +5.6% |
| Inner Mongolia MengDian HuaNeng Thermal Power 600863.SS | China | $7.35B | +16% | -3% | 16% | 18.4× | -1.9% | +6.5% |
| JSW Energy JSWENERGY.NS | India | $10.1B | -9% | +26% | 36% | 39.7× | n/a | n/a |
| SPIC Hydropower 600292.SS | China | $7.26B | -34% | +301% | 28% | 72.6× | -6.8% | +27.0% |
| Jiangsu Eastern Shenghong 000301.SZ | China | $10.3B | -22% | +4% | 7% | 12.4× | -2.1% | +28.4% |
| Capital Power CPX.TO | Canada | $7.13B | -4% | +25% | 10% | 19.5× | 18.9% | +11.8% |
| OGE Energy OGE | United States | $10.5B | +7% | +2% | 26% | 21.6× | 8.1% | +9.0% |
| AES AES | United States | $10.6B | +4% | +12% | 20% | 6.8× | n/a | n/a |
| HK Electric Investments & HK Electric Investments 2638.HK | Hong Kong | $6.99B | -3% | +4% | 42% | 17.1× | 3.5% | +3.1% |
| Guangxi Guiguan Electric Power 600236.SS | China | $10.7B | -10% | +26% | 48% | 20.7× | -2.8% | +3.0% |
IDACORP has 6 bonds outstanding with $1.95B face value. The agencies rate it A-; its bonds trade like A. Weighted yield 5.93%, a spread of 84 bp over government bonds.