MARKETS / NYSE / Utilities / Electric utilities / IDA

NYSE · ELECTRIC SERVICES · LARGE CAP

Idacorp Inc. IDA

18 fiscal years on record · USD · FY2025 reported · SEC filings only

10 YEARS OF DIVIDEND GROWTH

Revenue

$1.8B

▼ 0.7% YoY

Net income

$323.5M

▲ 11.9% YoY

Free cash flow

$-577.5M

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Through its principal subsidiary, Idaho Power, IDACORP is engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. Idaho Power provided electric utility service to approximately 664,000 retail customers in southern Idaho and eastern Oregon as of December 31, 2025, of which approximately 561,000 were residential. Idaho Power holds franchises in 69 cities in Idaho and 9 cities in Oregon, holds certificates to serve all or a portion of 25 counties in Idaho and 3 counties in Oregon, and its service area covers approximately 24,000 square miles with an estimated population of 1.4 million. IDACORP's other notable subsidiaries include IFS, an investor in affordable housing and other real estate tax credit investments, and Ida-West, an operator of small PURPA-qualifying hydropower generation projects. Idaho Power was incorporated under the laws of the state of Idaho in 1989 as the successor to a Maine corporation that was organized in 1915 and began operations in 1916. IDACORP is a holding company incorporated in 1998 under the laws of the state of Idaho.

Written from the business description in IDACORP INC's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 1.8B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 1.8 · Net income 0.3

1B2B

2008201120142017202020232025

Compound annual growth

Revenue

+3.3%

+6.1%

+3.6%

+3.8%

Net income

+7.7%

+6.4%

+5.2%

+5.6%

EPS, diluted

+4.9%

+4.7%

+4.3%

+4.7%

Dividend / share

+4.4%

+4.9%

+7.0%

+7.3%

Returned to shareholders

+6.2%

+5.8%

+6.5%

+8.2%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +6.1% a year over the five years to FY2025 — but profit grew faster: net income at +6.4%, earnings per share at +4.7%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

18 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 19.5% · Net 17.9%

10%20%

200820162025

ROE

FY2025 · ROE 9.4%

5%10%

200820162025

Three returns, three denominators.

Return on equity9.4%

Return on assets3.3%

Return on capital employed4.0%

Gross margin·

Operating margin19.5%

Net margin17.9%

EBITDAUSD 612.4M

Each USD of equity produced 9 cents of profit this year.

Cash & shareholders

USD 188.5M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF -577.5

100.0M200.0M-250.0M-500.0M

200820162025

Net buybacks $M Dividends $M

FY2025 · Dividends 188.5 · Net buybacks -94.4

100M200M-150M-300MDividendsNet buybacks

2008201120142017202020232025

Dividends paidUSD 188.5M

Net buybacksUSD -94.4M

Share of profit58.3%

Consecutive raises10 years

USD 188.5M in dividends — 58% of the year's profit went back to shareholders.

Total assetsUSD 10.2B

EquityUSD 3.6B

CashUSD 215.7M

Gross debtUSD 3.4B

Net debtUSD 3.2B

Current ratio0.93×

Net debt stands at 90% of equity.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

IDA, 18-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	1.8	1.8	1.8	1.6	1.5	1.4	1.3	1.4	1.3	1.3	1.3	1.3	1.2	1.1	1.0	1.0	1.0	1.0
Operating income $B	0.4	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2
EBITDA $B	0.6	0.6	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.4	0.4	0.4	0.4	0.4	0.3	0.3	0.3	0.3
Income tax $B	−0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	−0.0	−0.0	0.0	0.0
Net income $B	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1
Free cash flow $B	−0.6	−0.4	−0.3	−0.1	0.1	0.1	0.1	0.2	0.1	0.0	0.1	0.1	0.1	0.0	−0.0	−0.0	0.0	−0.1
EPS, diluted $	5.90	5.50	5.14	5.11	4.85	4.69	4.61	4.49	4.21	3.94	3.87	3.85	3.64	3.46	3.43	2.95	2.64	2.17
Dividend / sh $	3.46	3.35	3.20	3.04	2.88	2.72	2.56	2.40	2.24	2.08	1.76	1.76	1.57	1.37	1.20	1.20	1.20	1.20
Payout %	58	61	63	60	60	58	56	54	53	53	50	46	43	40	35	41	46	55
ROE %	9.4	9.3	9.1	9.5	9.4	9.5	9.6	9.8	9.6	9.4	9.7	10.2	10.2	10.2	10.7	9.7	9.2	7.6

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

ET · EPD · OKE · DUK · NRG · SO

Provenance

Company facts, as filed

How we verify · 0 failures in 70 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityElectric Services

Listed onNYSE

Incorporated inIdaho

Fiscal year endsDecember 31

Data on record since2008

Idacorp Inc. IDA

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 18-year record

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders