IDACORP Historical Income Statement
| IDA Stock | USD 109.78 1.74 1.56% |
Historical analysis of IDACORP income statement accounts such as Gross Profit of 458.3 M or Operating Income of 212.6 M can show how well IDACORP performed in making a profits. Evaluating IDACORP income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IDACORP's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining IDACORP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IDACORP is a good buy for the upcoming year.
IDACORP |
About IDACORP Income Statement Analysis
IDACORP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to IDACORP shareholders. The income statement also shows IDACORP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
IDACORP Income Statement Chart
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Total Revenue
Total revenue comprises all receipts IDACORP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in IDACORP financial statement analysis. It represents the amount of money remaining after all of IDACORP operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from IDACORP's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IDACORP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.At present, IDACORP's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 458.3 M, whereas Total Revenue is forecasted to decline to about 1.2 B.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 330.1M | 316.8M | 285.2M | 458.3M | Total Revenue | 1.6B | 1.8B | 2.0B | 1.2B |
IDACORP income statement Correlations
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IDACORP Account Relationship Matchups
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IDACORP income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Interest Expense | 87.4M | 86.7M | 89.4M | 116.5M | 133.9M | 140.6M | |
| Total Revenue | 1.4B | 1.5B | 1.6B | 1.8B | 2.0B | 1.2B | |
| Gross Profit | 312.2M | 332.2M | 330.1M | 316.8M | 285.2M | 458.3M | |
| Operating Income | 309.5M | 329.7M | 327.2M | 313.5M | 282.1M | 212.6M | |
| Ebit | 297.7M | 314.4M | 318.0M | 405.6M | 365.1M | 218.7M | |
| Ebitda | 473.6M | 493.8M | 491.5M | 605.6M | 696.4M | 408.8M | |
| Net Income | 237.4M | 245.6M | 259.0M | 261.2M | 300.4M | 315.4M | |
| Income Tax Expense | 28.7M | 36.9M | 37.8M | 27.3M | 31.4M | 33.0M | |
| Depreciation And Amortization | 175.9M | 179.4M | 173.6M | 199.9M | 229.9M | 140.5M | |
| Other Operating Expenses | 1.1B | 1.1B | 1.3B | 1.5B | 1.7B | 1.1B | |
| Cost Of Revenue | 1.0B | 1.1B | 1.3B | 1.4B | 1.7B | 1.8B | |
| Total Operating Expenses | 14.5M | 17.8M | 12.1M | 3.4M | 3.0M | 2.9M | |
| Income Before Tax | 266.7M | 282.8M | 297.4M | 289.2M | 332.6M | 188.0M | |
| Total Other Income Expense Net | (42.9M) | (46.9M) | (29.8M) | (24.3M) | (21.9M) | (20.8M) | |
| Net Income Applicable To Common Shares | 232.9M | 237.4M | 245.6M | 259.0M | 297.8M | 171.0M | |
| Selling General Administrative | 11.9M | 15.2M | 9.2M | 6.5M | 5.9M | 5.6M | |
| Minority Interest | 551K | 322K | 578K | (704K) | (809.6K) | (769.1K) | |
| Net Income From Continuing Ops | 238.0M | 245.9M | 259.6M | 272.7M | 313.6M | 245.9M | |
| Non Operating Income Net Other | 46.0M | 44.6M | 39.8M | 59.6M | 68.5M | 47.4M | |
| Tax Provision | 28.7M | 36.9M | 37.8M | 37.1M | 33.4M | 27.8M | |
| Interest Income | 87.5M | 85.8M | 85.8M | 15.3M | 13.7M | 13.1M | |
| Net Interest Income | (87.4M) | (86.7M) | (89.4M) | (106.9M) | (96.2M) | (101.0M) | |
| Reconciled Depreciation | 175.9M | 179.4M | 173.6M | 192.9M | 221.8M | 193.4M |
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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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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 | 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.