Idacorp Inc
Research Idacorp Inc (IDA) on Bullrun: valuation model: 6.6% undervalued, market cap USD 7.72B, P/E 22.8, dividend yield 2.6%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerIDA
- ExchangeNYSE
- CountryUnited States
- SectorUtilities
- IndustryUtilities-Regulated Electric
- CurrencyUSD
- Valuation signal6.6% undervalued
- Market capUSD 7.72B
- P/E22.8
- Dividend yield2.6%
- Financial periodQ2 2026
- RevenueUSD 469.80M
- Net incomeUSD 102.58M
- Free cash flow-USD 333.29M
- Gross margin28.0%
Valuation Snapshot
Bullrun's latest valuation model marks Idacorp Inc as 6.6% undervalued; latest market cap is USD 7.72B; P/E is 22.8; dividend yield is 2.6%.
Peer valuation comparison
Latest P/E is 22.78x versus a Utilities sector median of 17.14x (32.9% above).
Latest dividend yield is 2.56% versus a Utilities sector median of 3.61% (29.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 1.75B | USD 323.47M | -USD 577.49M | 20.5% | 5.9 | USD 215.72M | USD 3.45B | USD 3.57B |
| FY2024 | USD 1.77B | USD 289.17M | -USD 414.86M | 18.8% | 5.5 | USD 368.87M | USD 3.07B | USD 3.33B |
| FY2023 | USD 1.64B | USD 261.20M | -USD 344.11M | n/a | 5.14 | USD 327.43M | USD 2.83B | USD 2.91B |
| FY2022 | USD 1.56B | USD 258.98M | -USD 81.30M | n/a | 5.11 | USD 177.58M | USD 2.19B | USD 2.81B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 7.72B | 22.8 | 2.6% | 3.52 |
| 2025 | 2025-12-31 | USD 6.94B | 21.4 | 2.7% | 3.46 |
| 2024 | 2024-12-31 | USD 5.90B | 19.9 | 3.1% | 3.35 |
| 2023 | 2023-12-29 | USD 4.98B | 18.3 | 3.3% | 3.2 |
| 2022 | 2022-12-30 | USD 5.45B | 21.9 | 2.8% | 3.04 |
| 2021 | 2021-12-31 | USD 5.72B | 23.4 | 2.5% | 2.88 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 3.52 USD, yield 2.6%.
| Year | Dividends/share |
|---|---|
| FY2025 | 3.46 USD |
| FY2024 | 3.35 USD |
| FY2023 | 3.2 USD |
| FY2022 | 3.04 USD |
About Idacorp Inc
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; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada.
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Frequently asked questions
Is Idacorp Inc overvalued or undervalued?
Bullrun's valuation model currently marks Idacorp Inc as 6.6% undervalued.
What is Idacorp Inc's market cap?
Idacorp Inc's market capitalization is USD 7.72B.
What is Idacorp Inc's P/E ratio?
Idacorp Inc's price-to-earnings (P/E) ratio is 22.8.
Does Idacorp Inc pay a dividend?
Idacorp Inc has a dividend yield of 2.6%.
What does Idacorp Inc do?
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; and three natural gas-fired plants situated in southern Idaho, as well as interests in a coal-fired and natural gas-fired steam generating plant located in Wyoming; and interests in a coal-fired steam generating plant situated in Nevada.