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IDACORP Inc

Utilities US IDA

101.895USD
-0.045(0.04%)

Last update at 2024-10-30T18:55:00Z

Day Range

101.62102.91
LowHigh

52 Week Range

87.32110.79
LowHigh

Fundamentals

  • Previous Close 101.94
  • Market Cap4897.02M
  • Volume91374
  • P/E Ratio18.05
  • Dividend Yield3.37%
  • EBITDA515.13M
  • Revenue TTM1777.36M
  • Revenue Per Share TTM35.06
  • Gross Profit TTM 537.51M
  • Diluted EPS TTM5.36

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 297.40M 282.78M 266.67M 257.83M 244.91M
Minority interest 0.58M 0.32M 0.55M 5.92M 5.45M
Net income 258.98M 245.55M 237.42M 232.85M 226.80M
Selling general administrative 9.20M 15.25M 11.87M 10.98M 15.78M
Selling and marketing expenses - - - - -
Gross profit 330.11M 332.24M 312.17M 337.09M 336.29M
Reconciled depreciation 173.56M 179.44M 175.94M 173.80M 169.12M
Ebit 327.18M 329.65M 309.52M 298.33M 298.12M
Ebitda 509.99M 510.78M 492.63M 478.71M 467.24M
Depreciation and amortization 182.81M 181.13M 183.11M 180.39M 169.12M
Non operating income net other 59.60M 39.83M 44.57M 45.98M 33.94M
Operating income 327.18M 329.65M 309.52M 298.33M 296.92M
Other operating expenses 1326.00M 1143.68M 1053.07M 1059.03M 1089.61M
Interest expense 89.38M 86.70M 87.43M 86.47M 85.95M
Tax provision 37.84M 36.91M 28.70M 24.51M 17.39M
Interest income 85.83M 85.85M 87.49M 76.63M 78.05M
Net interest income -89.37500M -86.69800M -87.42600M -86.47500M -85.94800M
Extraordinary items - - 0.00000M 0.00000M 5.41M
Non recurring - - - - -
Other items - - - - -
Income tax expense 37.84M 36.91M 28.70M 24.51M 17.39M
Total revenue 1643.98M 1458.08M 1350.73M 1346.38M 1370.75M
Total operating expenses 12.13M 17.84M 14.51M 49.74M 55.14M
Cost of revenue 1313.87M 1125.84M 1038.56M 1009.29M 1034.47M
Total other income expense net -29.77400M -46.86700M -42.85300M -40.49100M 49.72M
Discontinued operations - - - - -
Net income from continuing ops 259.56M 245.87M 237.97M 233.33M 227.52M
Net income applicable to common shares 258.98M 245.55M 237.42M 232.85M 226.80M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 7543.26M 7210.52M 7095.24M 6641.20M 6382.75M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 120.39M 76.93M 65.40M 57.03M 52.36M
Total liab 4728.64M 4535.28M 4528.79M 4170.65M 4006.94M
Total stockholder equity 2807.24M 2668.44M 2559.98M 2464.63M 2370.36M
Deferred long term liab 873.92M 842.38M 800.25M 746.23M 699.88M
Other current liab 183.62M 42.32M 41.87M 135.66M 115.72M
Common stock 882.19M 874.90M 869.24M 868.31M 863.59M
Capital stock 882.19M 874.90M 869.24M 868.31M 863.59M
Retained earnings 1937.97M 1833.58M 1734.10M 1634.53M 1531.54M
Other liab 1985.93M 2209.02M 2240.80M 2059.13M 1913.56M
Good will - - - - -
Other assets 1555.28M 1589.00M 1616.38M 1446.47M 1288.22M
Cash 177.58M 215.24M 275.12M 217.25M 267.49M
Cash and equivalents 177.58M 215.24M 275.12M 217.25M 267.49M
Total current liabilities 548.57M 325.62M 287.57M 374.86M 258.59M
Current deferred revenue 72.22M 43.47M 29.34M 28.45M 20.04M
Net debt 2016.57M 1785.40M 1725.30M 1619.40M 1567.30M
Short term debt 0.00000M 93.85M 95.78M 100.00M 12.01M
Short long term debt - - - 100.00M -
Short long term debt total 2194.14M 2000.64M 2000.41M 1836.66M 1834.79M
Other stockholder equity 2864.85M 6.80M 2626.43M -1.92000M -1.93200M
Property plant equipment 5172.97M 4901.82M 4709.51M 4531.45M 4395.73M
Total current assets 693.65M 595.87M 642.40M 565.15M 597.64M
Long term investments 121.35M 123.82M 126.95M 98.22M 101.18M
Net tangible assets 5001.38M 4669.08M 4560.39M 4201.29M 4205.15M
Short term investments 2618.26M 0.00000M 25.00M - -
Net receivables 263.95M 183.43M 160.11M 159.12M 158.33M
Long term debt 2194.14M 2000.64M 2000.41M 1736.66M 1834.79M
Inventory 107.22M 95.60M 96.59M 114.11M 102.97M
Accounts payable 292.72M 145.98M 120.58M 110.75M 110.82M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity 7.38M 6.80M 6.48M 5.92M 5.45M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -12.92200M -40.04000M -43.35800M -36.28400M -22.84400M
Additional paid in capital - - - - -
Common stock total equity 882.19M 874.90M 869.24M 868.31M 863.59M
Preferred stock total equity - - - - -
Retained earnings total equity 1937.97M 1833.58M 1734.10M 1634.53M 1531.54M
Treasury stock - - - -1.92000M -1.93200M
Accumulated amortization - - - - -
Non currrent assets other 1555.15M 1589.00M 1616.38M 1446.38M 122.73M
Deferred long term asset charges - - - - -
Non current assets total 6849.60M 6614.64M 6452.84M 6076.06M 5785.11M
Capital lease obligations - - - - -
Long term debt total 2194.14M 2000.64M 2000.41M 1736.66M 1834.79M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 72.35M 50.77M -32.58700M -5.81600M -6.38300M
Change to liabilities -18.41000M 6.28M 18.62M -9.02800M 39.68M
Total cashflows from investing activities -424.26700M -273.65300M -347.25800M -280.49200M -258.17700M
Net borrowings 193.64M 193.64M 131.69M 135.00M 85.39M
Total cash from financing activities 35.32M -149.48400M 16.99M -136.37100M -42.60600M
Change to operating activities 20.80M -12.63100M 9.39M -13.43900M 10.51M
Net income 259.56M 245.87M 237.97M 233.33M 227.52M
Change in cash -37.66600M -59.87300M 57.86M -50.23800M 190.84M
Begin period cash flow 215.24M 275.12M 217.25M 267.49M 76.65M
End period cash flow 177.58M 215.24M 275.12M 217.25M 267.49M
Total cash from operating activities 351.29M 363.26M 388.13M 366.62M 491.63M
Issuance of capital stock - - - - -
Depreciation 173.56M 179.44M 175.94M 173.80M 169.12M
Other cashflows from investing activities -54.14300M -9.27300M 10.61M 4.03M 26.06M
Dividends paid -154.28700M -146.11900M -137.81300M -129.67700M 121.42M
Change to inventory -11.62600M -17.70000M 0.29M 9.46M 65.71M
Change to account receivables -81.54500M -6.69700M -0.37400M -5.99600M 0.73M
Sale purchase of stock -3.11100M -3.03100M -4.64100M -4.16000M -3.61400M
Other cashflows from financing activities 193.96M -3.36500M 333.11M -2.53400M -2.96400M
Change to netincome -37.73500M -8.83400M 4.37M -7.97400M 0.96M
Capital expenditures 432.59M 300.00M 310.94M 278.70M 277.85M
Change receivables -81.54500M -6.69700M -0.37400M -5.99600M 0.73M
Cash flows other operating 55.86M -52.79600M -36.88200M -17.50500M 53.61M
Exchange rate changes - - - - -
Cash and cash equivalents changes -37.66600M -59.87300M 57.86M -50.23800M 190.84M
Change in working capital 35.60M -19.51300M 17.61M -28.21900M 45.63M
Stock based compensation - 34.09M 31.93M 36.95M 50.77M
Other non cash items -116.91700M -100.53300M -100.50100M -71.62200M -12.70800M
Free cash flow -81.30400M 63.27M 77.19M 87.92M 213.77M

Peer Comparison

Sector: Utilities Industry: Utilities - Regulated Electric

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
IDA
IDACORP Inc
-0.045 0.04% 101.89 18.05 17.70 2.76 1.68 4.09 11.94
NEE
Nextera Energy Inc
-0.38 0.48% 79.18 15.77 17.61 4.52 2.61 7.10 12.28
SO
Southern Company
-0.355 0.40% 89.47 25.35 17.76 2.89 2.48 5.27 13.35
DUK
Duke Energy Corporation
-0.44 0.38% 113.97 20.54 16.34 2.60 1.59 5.34 11.98
NGG
National Grid PLC ADR
-0.05 0.08% 65.07 15.63 13.83 2.41 1.32 5.05 14.80

Reports Covered

Stock Research & News

Profile

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2022, it had approximately 4,832 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 11 switching stations; 30 mixed-use transmission and distribution substations; 189 energized distribution substations; and 29,384 pole-miles of distribution lines, as well as provides electric utility services to approximately 618,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate tax credit investments. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho.

IDACORP Inc

1221 West Idaho Street, Boise, ID, United States, 83702-5627

Key Executives

Name Title Year Born
Ms. Lisa A. Grow CEO, Pres & Director 1965
Mr. Brian R. Buckham Sr. VP & CFO 1979
Mr. Jeffrey L. Malmen Sr. VP of Public Affairs 1968
Mr. Adam J. Richins Sr. VP & COO of Idaho Power 1979
Mr. Kenneth W. Petersen VP, Chief Accounting Officer & Treasurer 1964
Mr. Jason C. Huszar VP of Information Technology & Chief Information Officer NA
Justin S. Forsberg Director of Investor Relations & Treasury NA
Mr. Patrick A. Harrington VP, Gen. Counsel & Corp. Sec. 1961
Mr. Bo Hanchey VP of Customer Operations & Chief Safety Officer for Idaho Power NA
Mr. Mitchel D. Colburn Resource Planning and Operations Director of Idaho Power NA

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