Idacorp (IDA) Gross Margin (2023 - 2025)
Idacorp (IDA) posted quarterly Gross Margin of 98.22% for Q1 2025, up 1.0% year-over-year from 97.25% in Q1 2024, and down 2.68% quarter-over-quarter from 100.93% in Q4 2024.
Idacorp (IDA) Gross Margin (2023 - 2025) Analysis & Trends
Idacorp (IDA) has reported Gross Margin for 3 consecutive years, with 98.22% the latest figure, recorded in Q1 2025.
- In Q1 2025, Gross Margin rose 1.0% year-over-year to 98.22%; the TTM figure through Mar 2025 stood at 99.2% (up 130.0% YoY), while the FY2025 annual figure was 98.27%, down 125.0% from the prior year.
- Gross Margin declined to 98.22% in Q1 2025 per IDA's latest filing, from 100.93% in the prior quarter.
- Across five years, Gross Margin topped out at 100.93% in Q4 2024 and bottomed at 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.
- Idacorp's Gross Margin stood at 96.27% in 2023, then gained by 5 bps to 100.93% in 2024, then dropped by 3 bps to 98.22% in 2025.
- Business Quant data shows IDA's Gross Margin at 98.22% in Q1 2025, 100.93% in Q4 2024, and 98.59% in Q3 2024.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 78.91 Bn | 75.10 Bn | - | - |
| 2 | Dominion Energy | 58.65 Bn | 57.86 Bn | 3.50 Bn | 78.04% |
| 3 | Xcel Energy | 47.76 Bn | 45.75 Bn | 3.12 Bn | 99.94% |
| 4 | Wec Energy | 34.66 Bn | 34.61 Bn | 1.45 Bn | 70.07% |
| 5 | Ameren | 29.39 Bn | 29.38 Bn | - | - |
| 6 | Fortis | 28.02 Bn | 28.02 Bn | 1.60 Bn | 75.47% |
| 7 | Edison International | 27.49 Bn | 27.25 Bn | 3.29 Bn | 75.42% |
| 8 | Firstenergy | 26.59 Bn | 26.40 Bn | 2.51 Bn | 68.33% |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Idacorp | 7.66 Bn | 7.57 Bn | 336.13 Mn | 71.55% |
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% |