Financials IDACORP, Inc.

Equities

IDA

US4511071064

Electric Utilities

Market Closed - Nyse 04:00:02 2024-05-01 pm EDT 5-day change 1st Jan Change
95.97 USD +1.26% Intraday chart for IDACORP, Inc. +1.75% -2.39%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,382 4,846 5,724 5,453 4,976 4,859 - -
Enterprise Value (EV) 1 6,902 6,571 5,724 7,470 4,976 7,670 7,977 8,356
P/E ratio 23.2 x 20.5 x 23.4 x 21.1 x 19.1 x 17.7 x 16.6 x 16.1 x
Yield 2.4% 2.83% 2.54% 2.82% 3.25% 3.5% 3.68% 3.87%
Capitalization / Revenue 4 x 3.59 x 3.93 x 3.32 x 2.82 x 2.68 x 2.51 x 2.39 x
EV / Revenue 5.13 x 4.86 x 3.93 x 4.54 x 2.82 x 4.22 x 4.12 x 4.11 x
EV / EBITDA 14.6 x 13.5 x 11.3 x 15 x 9.69 x 14.3 x 12.3 x 11.4 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book - - 2.15 x 1.94 x 1.71 x 1.56 x 1.48 x 1.41 x
Nbr of stocks (in thousands) 50,397 50,462 50,516 50,562 50,615 50,628 - -
Reference price 2 106.8 96.03 113.3 107.8 98.32 95.97 95.97 95.97
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,346 1,351 1,458 1,644 1,766 1,815 1,937 2,032
EBITDA 1 472.1 485.5 505.2 497.3 513.4 537.2 646.4 735.1
EBIT 1 298.3 309.5 329.7 327.2 313.5 286.8 387.5 463.4
Operating Margin 22.16% 22.92% 22.61% 19.9% 17.75% 15.8% 20.01% 22.81%
Earnings before Tax (EBT) 1 257.8 266.7 282.8 297.4 289.2 256 321.3 331.3
Net income 1 232.9 237.4 245.6 259 261.2 279.2 312.1 330.9
Net margin 17.29% 17.58% 16.84% 15.75% 14.79% 15.38% 16.11% 16.29%
EPS 2 4.610 4.690 4.850 5.110 5.140 5.437 5.768 5.970
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.560 2.720 2.880 3.040 3.200 3.355 3.532 3.710
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 446.9 335 344.3 358.7 518 423 429.7 413.8 510.9 412 394 398 474.1 299.8 -
EBITDA - - - - - - - - - - - - - - -
EBIT 1 124.2 51.95 60.67 81.51 128.2 56.78 68.1 82.29 126.3 36.79 57.54 71.69 126.4 23.2 -
Operating Margin 27.79% 15.51% 17.62% 22.72% 24.75% 13.42% 15.85% 19.89% 24.72% 8.93% 14.61% 18.02% 26.65% 7.74% -
Earnings before Tax (EBT) 1 115.3 36.22 52.21 72.88 122.1 50.24 63.12 77 119.4 29.65 63.14 74.2 126.9 46.7 -
Net income 1 97.9 32.8 46.26 64.29 106.4 42.05 56.1 68.57 105.3 31.26 57.76 67.18 113.4 41.5 -
Net margin 21.9% 9.79% 13.44% 17.92% 20.54% 9.94% 13.06% 16.57% 20.6% 7.59% 14.66% 16.88% 23.91% 13.84% -
EPS 2 1.930 0.6500 0.9100 1.270 2.100 0.8300 1.110 1.350 2.070 0.6100 1.138 1.360 2.200 0.7167 1.115
Dividend per Share - - - - - - - - 0.7900 0.8300 - - - - -
Announcement Date 10/28/21 2/17/22 5/5/22 8/4/22 11/3/22 2/16/23 5/4/23 8/3/23 11/2/23 2/15/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,519 1,725 - 2,017 - 2,811 3,118 3,497
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.218 x 3.554 x - 4.055 x - 5.232 x 4.823 x 4.757 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 9.4% 9.27% 9.2% 9.23% - 9.08% 9.2% 9.11%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - - 52.80 55.50 57.40 61.50 64.80 67.80
Cash Flow per Share 2 7.250 7.670 7.170 6.930 5.260 9.470 9.960 -
Capex 1 279 311 300 433 614 951 883 631
Capex / Sales 20.7% 23.02% 20.57% 26.31% 34.74% 52.37% 45.56% 31.05%
Announcement Date 2/20/20 2/18/21 2/17/22 2/16/23 2/15/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
95.97 USD
Average target price
101 USD
Spread / Average Target
+5.24%
Consensus
  1. Stock Market
  2. Equities
  3. IDA Stock
  4. Financials IDACORP, Inc.