IDACORP Inc (IDA)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 289,174 261,195 258,982 245,550 237,417
Revenue US$ in thousands 1,826,630 1,766,360 1,643,980 1,458,080 1,350,730
Net profit margin 15.83% 14.79% 15.75% 16.84% 17.58%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $289,174K ÷ $1,826,630K
= 15.83%

The net profit margin of IDACORP Inc has shown a slight decrease from 17.58% as of December 31, 2020, to 16.84% as of December 31, 2021. This trend continued with further declines to 15.75% as of December 31, 2022, and 14.79% as of December 31, 2023. However, there was a slight improvement in the net profit margin to 15.83% as of December 31, 2024. Overall, the company's net profit margin has experienced fluctuations over the years, indicating varying levels of profitability relative to its revenue.