Idacorp Inc
NYSE:IDA

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Idacorp Inc
NYSE:IDA
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Price: 109.41 USD 0.58%
Market Cap: 5.8B USD
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Idacorp Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Idacorp Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Idacorp Inc
NYSE:IDA
Tax Provision
-$17.2m
CAGR 3-Years
24%
CAGR 5-Years
11%
CAGR 10-Years
10%
PG&E Corp
NYSE:PCG
Tax Provision
$443m
CAGR 3-Years
N/A
CAGR 5-Years
-38%
CAGR 10-Years
N/A
Southern Co
NYSE:SO
Tax Provision
-$894m
CAGR 3-Years
-21%
CAGR 5-Years
13%
CAGR 10-Years
2%
Duke Energy Corp
NYSE:DUK
Tax Provision
-$603m
CAGR 3-Years
-74%
CAGR 5-Years
-8%
CAGR 10-Years
8%
Nextera Energy Inc
NYSE:NEE
Tax Provision
-$336m
CAGR 3-Years
N/A
CAGR 5-Years
-15%
CAGR 10-Years
9%
Constellation Energy Corp
NASDAQ:CEG
Tax Provision
-$859m
CAGR 3-Years
-51%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

Idacorp Inc
Glance View

Market Cap
5.8B USD
Industry
Utilities
Economic Moat
None

Idacorp Inc., rooted firmly in the energy landscape of the American Northwest, tells the tale of a company intricately woven into the fabric of its region's economic and environmental ethos. At the heart of Idacorp's operations lies its primary subsidiary, Idaho Power Company, which is historically synonymous with harnessing the natural resources of Idaho and Oregon for electricity generation and distribution. Founded in 1916, Idaho Power Company initially took advantage of the region's rugged terrain, rich with rivers and streams, to develop hydroelectric power plants. This strategic alignment with renewable energy sources has not only shaped the company’s operational blueprint but also positioned it as a steward of sustainable energy practices. Over time, Idacorp has expanded its energy portfolio to include natural gas and coal-fired plants, striving for a balanced energy mix to ensure reliable power supply. The company generates revenue primarily through the sale of electricity to its diverse set of customers: residential, commercial, agricultural, and industrial sectors. By operating as a regulated utility in an environment where demand for reliable electricity is steadily growing, Idacorp benefits from somewhat predictable revenue streams, dictated by tariff rates set in agreement with regulatory bodies. This regulatory framework, while imposing operational constraints, also provides Idacorp with a level of financial stability that many businesses covet. The company's investments in modernizing its infrastructure, coupled with an increasing emphasis on integrating renewable sources like solar and wind power, underscore its commitment to future-proofing its operations amid evolving energy market dynamics. Through this strategic foresight, Idacorp not only secures its financial health but also contributes positively to the communities it serves, embodying a business model that harmonizes profitability with sustainability.

IDA Intrinsic Value
131.17 USD
Undervaluation 17%
Intrinsic Value
Price

See Also

What is Idacorp Inc's Tax Provision?
Tax Provision
-17.2m USD

Based on the financial report for Sep 30, 2024, Idacorp Inc's Tax Provision amounts to -17.2m USD.

What is Idacorp Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
10%

Over the last year, the Tax Provision growth was 54%. The average annual Tax Provision growth rates for Idacorp Inc have been 24% over the past three years , 11% over the past five years , and 10% over the past ten years .

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