IDACORP Gross Profit from 2010 to 2024

IDA Stock  USD 118.96  0.05  0.04%   
IDACORP's Gross Profit is decreasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 458.3 M this year. Gross Profit is the profit IDACORP makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1985-09-30
Previous Quarter
94.9 M
Current Value
333 M
Quarterly Volatility
358.9 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDACORP financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDACORP's main balance sheet or income statement drivers, such as Interest Expense of 122.3 M, Total Revenue of 1.2 B or Gross Profit of 458.3 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0452 or PTB Ratio of 1.22. IDACORP financial statements analysis is a perfect complement when working with IDACORP Valuation or Volatility modules.
  
Check out the analysis of IDACORP Correlation against competitors.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.

Latest IDACORP's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of IDACORP over the last few years. Gross profit is a required income statement account that reflects total revenue of IDACORP minus its cost of goods sold. It is profit before IDACORP operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. IDACORP's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IDACORP's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 537.51 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

IDACORP Gross Profit Regression Statistics

Arithmetic Mean365,554,965
Geometric Mean355,621,207
Coefficient Of Variation28.18
Mean Deviation67,490,744
Median332,242,000
Standard Deviation103,007,221
Sample Variance10610.5T
Range408.3M
R-Value(0.30)
Mean Square Error10406.8T
R-Squared0.09
Significance0.28
Slope(6,881,224)
Total Sum of Squares148546.8T

IDACORP Gross Profit History

2024458.3 M
2023316.8 M
2022330.1 M
2021332.2 M
2020312.2 M
2019337.1 M
2018336.3 M

Other Fundumenentals of IDACORP

IDACORP Gross Profit component correlations

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About IDACORP Financial Statements

IDACORP stakeholders use historical fundamental indicators, such as IDACORP's Gross Profit, to determine how well the company is positioned to perform in the future. Although IDACORP investors may analyze each financial statement separately, they are all interrelated. For example, changes in IDACORP's assets and liabilities are reflected in the revenues and expenses on IDACORP's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in IDACORP. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit316.8 M458.3 M
Gross Profit Margin 0.18  0.17 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock:
Check out the analysis of IDACORP Correlation against competitors.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDACORP. If investors know IDACORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
3.32
Earnings Share
5.43
Revenue Per Share
35.553
Quarterly Revenue Growth
0.034
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.