IDACORP Inc (IDA)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 305,003 | 300,481 | 289,704 | 268,792 | 289,189 | 309,770 | 312,427 | 308,311 | 297,402 | 283,391 | 276,642 | 285,107 | 282,783 | 289,642 | 288,960 | 275,208 | 266,668 | 268,659 | 259,391 | 252,227 |
| Revenue (ttm) | US$ in thousands | 1,821,734 | 1,835,556 | 1,817,935 | 1,783,615 | 1,766,356 | 1,777,361 | 1,784,467 | 1,729,352 | 1,643,981 | 1,556,035 | 1,484,967 | 1,486,318 | 1,458,084 | 1,438,766 | 1,417,083 | 1,375,775 | 1,350,729 | 1,327,883 | 1,288,942 | 1,287,071 |
| Pretax margin | 16.74% | 16.37% | 15.94% | 15.07% | 16.37% | 17.43% | 17.51% | 17.83% | 18.09% | 18.21% | 18.63% | 19.18% | 19.39% | 20.13% | 20.39% | 20.00% | 19.74% | 20.23% | 20.12% | 19.60% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $305,003K ÷ $1,821,734K
= 16.74%
IDACORP Inc's pretax margin shows a fluctuating trend over the periods reported. The pretax margin started at 19.60% in March 2020, and gradually increased reaching its peak at 20.39% in June 2021. However, after June 2021, the pretax margin began to decline gradually to 16.74% in December 2024.
This indicates that IDACORP Inc's profitability before considering taxes has shown some variability over time. It is essential for the company to closely monitor and manage its operational efficiency, cost structure, and revenue generation to sustain and improve its pretax margin in the future.
Peer comparison
Dec 31, 2024