📊 IDA Key Takeaways
Is IDA a Good Investment? Thesis Analysis
IDACORP demonstrates strong operational profitability (20.3% operating margin) with solid cash generation from operations ($602M), but faces significant headwinds from negative free cash flow (-$578M) driven by substantial capital expenditures that exceed operating cash flow. The combination of stagnant revenue/earnings growth, below-1.0 current ratio, weak ROE (9.1%), and tight interest coverage (2.1x) suggests the utility is over-leveraging infrastructure investment without adequate earnings growth to support shareholder returns.
Why Buy IDA? Key Strengths
- Strong operating margin of 20.3% and net margin of 18.5% indicating excellent cost control for regulated utility
- Operating cash flow of $602M provides stable foundation for debt service and dividend sustainability
- Moderate debt-to-equity ratio of 0.93x demonstrates reasonable leverage profile within utility norms
IDA Investment Risks to Consider
- Negative free cash flow of -$578M driven by $1.2B capex exceeding operating cash generation signals unsustainable capital structure requiring external financing
- Current ratio of 0.93x indicates emerging liquidity stress and working capital constraints
- Stagnant fundamentals with revenue declining 1.2% YoY and net income flat YoY coupled with weak ROE of 9.1% suggests limited shareholder value creation
Key Metrics to Watch
- Free cash flow trend - critical to assess if capex intensity moderates and cash generation improves
- Revenue growth rate - currently negative, needs to stabilize for earnings expansion
- Current ratio and working capital position - must return above 1.0x for adequate liquidity buffer
IDA Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
IDA Profitability Ratios
IDA vs Default Sector
How IDACORP INC compares to Default sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is IDA Overvalued or Undervalued?
Based on fundamental analysis, IDACORP INC has mixed fundamental signals relative to the Default sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
IDA Balance Sheet & Liquidity
IDA 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: IDACORP INC's revenue has grown significantly by 28% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.14 reflects profitable operations.
IDA Growth Metrics (YoY)
IDA Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $526.4M | $113.6M | $2.12 |
| Q2 2025 | $442.6M | $89.5M | $1.71 |
| Q1 2025 | $411.1M | $48.2M | $0.95 |
| Q3 2024 | $496.6M | $105.3M | $2.07 |
| Q2 2024 | $385.2M | $68.6M | $1.35 |
| Q1 2024 | $385.7M | $48.2M | $0.95 |
| Q3 2023 | $496.6M | $105.3M | $2.07 |
| Q2 2023 | $345.5M | $64.3M | $1.27 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
IDA Capital Allocation
IDA SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for IDACORP INC (CIK: 0001057877)
📋 Recent SEC Filings
❓ Frequently Asked Questions about IDA
What is the AI rating for IDA?
IDACORP INC (IDA) has an AI rating of HOLD with 62% confidence, based on fundamental analysis of SEC EDGAR filings.
What are IDA's key strengths?
Claude: Strong operating margin of 20.3% and net margin of 18.5% indicating excellent cost control for regulated utility. Operating cash flow of $602M provides stable foundation for debt service and dividend sustainability.
What are the risks of investing in IDA?
Claude: Negative free cash flow of -$578M driven by $1.2B capex exceeding operating cash generation signals unsustainable capital structure requiring external financing. Current ratio of 0.93x indicates emerging liquidity stress and working capital constraints.
What is IDA's revenue and growth?
IDACORP INC reported revenue of $1.7B.
Does IDA pay dividends?
IDACORP INC pays dividends, with $188.5M distributed to shareholders in the trailing twelve months.
Where can I find IDA SEC filings?
Official SEC filings for IDACORP INC (CIK: 0001057877) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is IDA's EPS?
IDACORP INC has a diluted EPS of $5.90.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is IDA a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, IDACORP INC has a HOLD rating with 62% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is IDA stock overvalued or undervalued?
Valuation metrics for IDA: ROE of 9.1% (sector avg: 15%), net margin of 18.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy IDA stock in 2026?
Our dual AI analysis gives IDACORP INC a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is IDA's free cash flow?
IDACORP INC's operating cash flow is $601.8M, with capital expenditures of $1.2B. FCF margin is -33.1%.
How does IDA compare to other Default stocks?
Vs Default sector averages: Net margin 18.5% (avg: 12%), ROE 9.1% (avg: 15%), current ratio 0.93 (avg: 1.8).