IDA
IDACORP, Inc.
IDA's fundamentals are mixed: its operating margin rose 5 points to 24%, but free cash flow was negative. Its PE isn't a useful guide right now because of how its recent earnings were reported.
IDA Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Weak | |
| Weak |
IDA's revenue and profitability are currently healthy, but its cash flow and balance sheet are weak.
IDA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $122 | -16% |
| Fair | 21x | $136 | -6.9% |
| Current | 22x | $146 | — |
| Forward | 22x | $146 | — |
| Expensive | 23x | $149 | +2% |
Historical ranges are pointers, not guarantees.
IDA's PE is 22x, but its earnings don't support one, so it isn't a reliable read right now.
IDA Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for IDA, with profitability holding steady. However, they disagree widely on these estimates.
IDA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.76 | +3.9% |
| Q3 2026 | $6.51 | +11% |
| Q2 2026 | $6.04 | +6% |
| Q1 2026 | $6.01 | +6.4% |
| Q4 2025 | $5.90 | +7.3% |
| Q3 2025 | $5.84 | +8.3% |
| Q2 2025 | $5.70 | +6.7% |
| Q1 2025 | $5.65 | +13% |
| Q4 2024 | $5.50 | +7% |
IDA's earnings per share have climbed steadily: $6.51 over the past year, up 11% from the year before, and higher year over year for nine quarters in a row. Its recent earnings include one-off gains.
IDA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $614.8M | +17% |
| Q2 2026 | $469.8M | +4.6% |
| Q1 2026 | $403.4M | -1.9% |
| Q4 2025 | $360.1M | -4.2% |
| Q3 2025 | $526.4M | -1.1% |
| Q2 2025 | $449.3M | +1.5% |
| Q1 2025 | $411.1M | -1.6% |
| Q4 2024 | $375.9M | +1% |
IDA's revenue has picked up after two years of holding roughly level: $615M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +1.6 points |
| Q2 2026 | 28% | +5.4 points |
| Q1 2026 | 20% | +6.8 points |
| Q4 2025 | 15% | +3.9 points |
| Q3 2025 | 28% | +2.4 points |
| Q2 2025 | 22% | -0.9 points |
| Q1 2025 | 13% | +1.5 points |
| Q4 2024 | 11% | +1.1 points |
IDA's operating margin was 29% last quarter, up 1.6 points from the same quarter a year ago, near the top of its range since 2019.
IDA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$170.3M | -$42.5M |
| Q2 2026 | -$333.3M | -$176.9M |
| Q1 2026 | -$295.7M | -$218.7M |
| Q4 2025 | -$216.2M | -$167.3M |
| Q3 2025 | -$127.9M | -$111.8M |
| Q2 2025 | -$156.4M | +$43.2M |
| Q1 2025 | -$77M | +$73.3M |
| Q4 2024 | -$48.9M | +$30.1M |
IDA has burned cash in most quarters: −$1B over the past year, against −$410M the year before.
IDA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +2.5% | +1.4M shares |
| 1 year | +6.5% | +3.6M shares |
| 3 years | +15% | +7.9M shares |
| 5 years | +16% | +8M shares |
| Available history | +16% | +8.1M shares |
IDA has 59M diluted shares, up 6.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | $40,000 |
IDA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 5.1x | High |
| Q2 2026 | 5.4x | High |
| Q1 2026 | 5.4x | High |
| Q4 2025 | 5.3x | High |
| Q3 2025 | 5.3x | High |
| Q2 2025 | 5.2x | High |
| Q1 2025 | 5.0x | High |
| Q4 2024 | 4.9x | High |
IDA's net debt is about 5.1 years of its operating earnings (EBITDA), down from 5.3 years a year ago.
IDA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 59.3 | Neutral |
| Stochastic | 84.4 | Overbought |
IDA's weekly RSI is 59 (neutral) and its Stochastic is 84 (overbought).
IDA PE vs Utilities Sector
| Metric | IDA | Sector median | Relative |
|---|---|---|---|
| PE | 22x | 20x | 10% above |
| PE % | 79 | 44 | 35 pts above |
IDA is trading at 22x earnings, in line with the Utilities sector's median of 20x, though its earnings don't support one.
IDA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $139.4 | 4.9% above |
| 20 week MA | $141.0 | 3.6% above |
| 50 week MA | $139.7 | 4.6% above |
| 100 week MA | $129.6 | 13% above |
| 200 week MA | $114.9 | 27% above |
IDA is in an uptrend: it's above all five of its weekly moving averages, and 27% above its 200-week average.
IDA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $106.6 | $95.1 | -11% |
| 2021 | $95.1 | $109.2 | +15% |
| 2022 | $109.2 | $107.9 | -1.2% |
| 2023 | $107.9 | $98.3 | -8.9% |
| 2024 | $98.3 | $109.7 | +12% |
| 2025 | $109.7 | $127.0 | +16% |
| 2026 YTD | $127.0 | $146.2 | +15% |
IDA has finished lower in three of the last six years. It's up 15% so far in 2026.