Idacorp (IDA) fundamentals: P/E, valuation, undervalued?

Idacorp · Utilities · ref. ETF XLU · price $137.74
Logo IdacorpSee the full Idacorp (IDA) profile
In short — Idacorp trades at 22.9× earnings (P/E), 19.8× forward, with a net margin of 18.8 % and revenue growth of +4 %. Read: Average P/E (P/E 23 (near the ~20-25 average)).

Is Idacorp stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$137.74+10.1% over range
Aug 28, 25low $123.61 · high $154.55Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
67% recommend buying · 3 analysts
Valuation : Average P/E — P/E 23 (near the ~20-25 average)

Valuation

22.9
P/E (price/earnings)
19.8
Forward P/E
13.46
PEG
2.0
Price/book (P/B)
$8.0B
Market cap
6.02
EPS

Profitability & growth

18.8 %
Net margin
+4 %
Revenue growth
+2 %
Earnings growth
$4.0B
Total debt

Idacorp income statement

Fiscal yearRevenueNet incomeMargin
2022$1.6B$259M15.8 %
2023$1.8B$261M14.8 %
2024$1.8B$289M15.8 %
2025$1.8B$323M17.8 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Idacorp's P/E and is the stock undervalued? What's a good P/E?

Idacorp's P/E is 22.9 (forward 19.8). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Average P/E".

Is Idacorp profitable?

Idacorp has a net margin of 18.8 % (EPS 6.02). The company is profitable.

Is IDA stock expensive?

Our read: "Average P/E" — P/E 23 (near the ~20-25 average). Cross-check with growth and sector.

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