IDACORP Inc (IDA)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 20.21% | 19.76% | 16.04% | 15.68% | 17.94% | 18.96% | 18.97% | 19.53% | 20.08% | 19.14% | 20.40% | 21.10% | 21.53% | 21.94% | 22.33% | 22.72% | 23.11% | 26.17% | 26.16% | 25.66% |
| Operating profit margin | 16.21% | 15.85% | 15.59% | 15.06% | 17.75% | 18.76% | 18.80% | 19.35% | 19.90% | 20.72% | 21.44% | 22.15% | 22.61% | 23.04% | 23.43% | 23.19% | 22.92% | 23.35% | 23.23% | 22.67% |
| 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% |
| Net profit margin | 15.87% | 15.39% | 15.08% | 14.20% | 14.79% | 15.30% | 15.30% | 15.54% | 15.75% | 16.05% | 16.25% | 16.62% | 16.84% | 17.39% | 17.95% | 17.79% | 17.58% | 18.60% | 18.22% | 17.69% |
IDACORP Inc's profitability ratios have shown a gradual decline over the quarters analyzed.
- The Gross Profit Margin has decreased from 25.66% in March 2020 to 20.21% in December 2024. This indicates a declining trend in the company's ability to generate profit after accounting for the costs of goods sold.
- The Operating Profit Margin has also declined from 22.67% in March 2020 to 16.21% in December 2024. This shows a decrease in the company's profitability from its core operations.
- The Pretax Margin decreased from 19.60% in March 2020 to 16.74% in December 2024, indicating a decrease in the company's profitability before accounting for taxes.
- The Net Profit Margin has also decreased from 17.69% in March 2020 to 15.87% in December 2024. This shows a decline in the company's bottom-line profitability after accounting for all expenses.
Overall, the declining trend in profitability ratios suggests that IDACORP Inc may be facing challenges in efficiently managing its costs and generating profits over the analyzed period.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.20% | 3.19% | 3.27% | 3.22% | 3.70% | 4.02% | 4.28% | 4.25% | 4.34% | 4.28% | 4.27% | 4.52% | 4.57% | 4.57% | 4.61% | 4.51% | 4.36% | 4.47% | 4.27% | 4.41% |
| Return on assets (ROA) | 3.13% | 3.10% | 3.16% | 3.03% | 3.08% | 3.28% | 3.48% | 3.41% | 3.43% | 3.32% | 3.24% | 3.39% | 3.41% | 3.45% | 3.53% | 3.46% | 3.35% | 3.56% | 3.35% | 3.44% |
| Return on total capital | 10.67% | 9.49% | 9.78% | 10.47% | 11.20% | 12.23% | 12.16% | 11.85% | 11.65% | 11.29% | 11.62% | 12.26% | 12.42% | 12.63% | 12.95% | 12.67% | 12.37% | 12.23% | 12.20% | 12.04% |
| Return on equity (ROE) | 8.68% | 8.64% | 8.58% | 8.69% | 8.98% | 9.31% | 9.57% | 9.52% | 9.23% | 8.99% | 8.91% | 9.22% | 9.20% | 9.37% | 9.76% | 9.53% | 9.27% | 9.63% | 9.41% | 9.23% |
Based on the profitability ratios provided for IDACORP Inc, we can analyze the company's performance over time.
1. Operating return on assets (Operating ROA) has fluctuated between 4.02% to 4.61% during the period from March 31, 2020, to December 31, 2024, with a slight downward trend towards the end of the period. This ratio measures the company's ability to generate operating income from its assets.
2. Return on assets (ROA) has varied from 3.03% to 3.56% over the same period, showing a relatively stable performance. ROA indicates how efficiently the company is utilizing its assets to generate profits.
3. Return on total capital has experienced a more significant decline from 12.04% to 9.49%, indicating a reduction in the company's ability to generate profits relative to its total capital employed. The trend suggests potential challenges in optimizing capital utilization.
4. Return on equity (ROE) has fluctuated between 8.58% to 9.76% during the period. This ratio reflects the company's profitability concerning shareholders' equity, with a moderate downward trend towards the end of the period, indicating a potential impact on shareholder value.
Overall, IDACORP Inc's profitability ratios demonstrate mixed performance, with stable ROA but declining ROE and Return on total capital. It may be crucial for the company to focus on optimizing capital efficiency and improving profitability to enhance shareholder value in the future.