Idacorp (IDA) Gross Margin (2023 - 2025)
Idacorp's (IDA) quarterly Gross Margin came in at 98.22% in Q1 2025, up 1.0% year-on-year from 97.25% in Q1 2024, and down 2.68% on a QoQ basis from 100.93% in Q4 2024.
Idacorp (IDA) Gross Margin (2023 - 2025) Analysis & Trends
Idacorp (IDA) has 3 years of Gross Margin data on file, last reported at 98.22% in Q1 2025.
- On a quarterly basis, Gross Margin rose 1.0% year-over-year to 98.22% in Q1 2025; TTM through Mar 2025 was 99.2%, a 130.0% increase from a year earlier, with the FY2025 full-year figure at 98.27%, down 125.0% from the prior year.
- Gross Margin for Q1 2025 stood at 98.22%, down from 100.93% in the prior quarter.
- Over the last five years, Gross Margin for IDA reached as high as 100.93% in Q4 2024 and fell as low as 96.27% in Q4 2023.
- Historically, Gross Margin has averaged 98.55% across 3 years, with a median of 98.41% in 2024.
- On a YoY basis, Gross Margin climbed as much as 466 bps in 2024 and fell as far as 18 bps in 2024.
- Year by year, Gross Margin stood at 96.27% in 2023, then climbed by 5 bps to 100.93% in 2024, then fell by 3 bps to 98.22% in 2025.
- Per Business Quant data, the three most recent Gross Margin figures were 98.22% in Q1 2025, 100.93% in Q4 2024, and 98.59% in Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 460,569.99 Bn | 460,569.73 Bn | 1.70 Bn | 68.53% |
| 2 | Dominion Energy | 61.82 Bn | 61.47 Bn | - | - |
| 3 | Xcel Energy | 50.34 Bn | 48.58 Bn | 4.02 Bn | 99.93% |
| 4 | Wec Energy | 37.17 Bn | 37.12 Bn | 2.04 Bn | 59.50% |
| 5 | Energy Co Of Parana | 34.35 Bn | 33.69 Bn | - | - |
| 6 | Ameren | 31.02 Bn | 31.00 Bn | - | - |
| 7 | Edison International | 30.30 Bn | 30.14 Bn | - | - |
| 8 | Firstenergy | 28.54 Bn | 28.46 Bn | 2.74 Bn | 65.25% |
| 9 | Hydro One | 25.14 Bn | 25.13 Bn | - | - |
| 10 | Idacorp | 8.13 Bn | 7.79 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2025 | 98.22% |
| Dec 31, 2024 | 100.93% |
| Sep 30, 2024 | 98.59% |
| Jun 30, 2024 | 99.34% |
| Mar 31, 2024 | 98.22% |
| Dec 31, 2023 | 96.27% |
| Sep 30, 2023 | 98.77% |
| Jun 30, 2023 | 98.10% |