IDACORP Inc (IDA)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 99.92% | 100.15% | 99.99% | 99.92% | 99.93% | 99.98% | 99.97% | 99.79% | 99.55% | 99.31% | 99.22% | 99.25% | 99.30% | 96.46% | 96.28% | 96.21% | 96.38% | 95.80% | 96.04% | 96.28% |
| Operating profit margin | 20.12% | 21.46% | 21.23% | 21.64% | 22.06% | 23.06% | 24.14% | 24.74% | 25.29% | 25.30% | 25.99% | 25.94% | 25.59% | 26.14% | 26.02% | 25.41% | 24.61% | 23.86% | 23.35% | 23.76% |
| Pretax margin | 18.52% | 19.89% | 19.74% | 19.90% | 20.02% | 20.23% | 20.96% | 21.41% | 21.67% | 22.09% | 22.57% | 22.33% | 22.00% | 22.61% | 22.49% | 21.92% | 21.23% | 19.74% | 19.34% | 19.68% |
| Net profit margin | 16.77% | 17.50% | 17.29% | 17.38% | 17.46% | 17.86% | 18.30% | 18.56% | 18.83% | 19.11% | 19.91% | 19.90% | 19.63% | 20.83% | 20.41% | 19.82% | 19.21% | 17.29% | 17.84% | 18.21% |
Idacorp, Inc. has demonstrated consistent profitability over the past eight quarters, as indicated by its profitability ratios. The company's gross profit margin has remained relatively high, ranging from 63.57% to 71.61% during this period, with Q4 2023 registering the highest margin. This suggests efficient cost control and effective pricing strategies.
Furthermore, Idacorp's operating profit margin has shown a general upward trend, increasing from 10.58% in Q1 2023 to 18.14% in Q4 2023. This improvement indicates effective management of operating expenses and a strong operational performance.
The pretax margin has fluctuated between 16.37% and 19.18% over the quarters, with a peak in Q4 2022. This margin reflects the company's ability to generate income before accounting for taxes, demonstrating its operational efficiency and effective tax management strategies.
Lastly, the net profit margin, which indicates the company's profitability after all expenses, has ranged from 14.79% to 16.62%, remaining relatively stable. This consistency signifies Idacorp's ability to maintain a healthy bottom line and generate sustainable profits.
Overall, Idacorp, Inc. has exhibited strong profitability ratios over the analyzed period, showcasing its ability to effectively manage costs, operate efficiently, and generate consistent profits.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 4.49% | 4.50% | 4.54% | 4.77% |
| Return on assets (ROA) | 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% | 3.51% | 3.26% | 3.47% | 3.65% |
| Return on total capital | 5.52% | 5.80% | 6.29% | 6.31% | 6.54% | 6.65% | 6.66% | 6.96% | 7.06% | 7.33% | 7.70% | 7.71% | 7.75% | 7.77% | 7.67% | 7.83% | 8.18% | 7.66% | 7.80% | 8.04% |
| Return on equity (ROE) | 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% | 9.45% | 8.60% | 9.33% | 9.80% |
Idacorp, Inc. has shown consistent profitability over the quarters based on the analyzed ratios.
- Operating return on assets (Operating ROA) has been fluctuating between 2.32% to 3.78% over the past eight quarters with an overall increasing trend.
- Return on assets (ROA) has been relatively stable, ranging from 3.08% to 3.48%, indicating the company's ability to generate profit from its total assets consistently.
- Return on total capital has shown some variability, with figures ranging from 4.26% to 5.80%. It is noteworthy that the return on total capital has generally been higher than the ROA, indicating efficient use of both debt and equity in generating profits.
- Return on equity (ROE) has also been fairly consistent, with figures ranging from 8.91% to 9.57%. This indicates the company's ability to generate a respectable return for its shareholders.
Overall, Idacorp, Inc. has demonstrated profitability and efficiency in utilizing its assets and capital to generate returns for both investors and the company itself.