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IDA (Idacorp) Pretax Margin % : 24.63% (As of Sep. 2024)


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What is Idacorp Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Idacorp's Pre-Tax Income for the three months ended in Sep. 2024 was $130 Mil. Idacorp's Revenue for the three months ended in Sep. 2024 was $529 Mil. Therefore, Idacorp's pretax margin for the quarter that ended in Sep. 2024 was 24.63%.

The historical rank and industry rank for Idacorp's Pretax Margin % or its related term are showing as below:

IDA' s Pretax Margin % Range Over the Past 10 Years
Min: 16.33   Med: 18.75   Max: 19.74
Current: 16.33


IDA's Pretax Margin % is ranked better than
65.15% of 505 companies
in the Utilities - Regulated industry
Industry Median: 10.81 vs IDA: 16.33

Idacorp Pretax Margin % Historical Data

The historical data trend for Idacorp's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Idacorp Pretax Margin % Chart

Idacorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.15 19.74 19.39 18.09 16.37

Idacorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.37 7.20 9.52 21.71 24.63

Competitive Comparison of Idacorp's Pretax Margin %

For the Utilities - Regulated Electric subindustry, Idacorp's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Idacorp's Pretax Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Idacorp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Idacorp's Pretax Margin % falls into.



Idacorp Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Idacorp's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=289.189/1766.356
=16.37 %

Idacorp's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=130.198/528.527
=24.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Idacorp  (NYSE:IDA) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Idacorp Pretax Margin % Related Terms

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Idacorp Business Description

Traded in Other Exchanges
Address
1221 West Idaho Street, Boise, ID, USA, 83702-5627
Idacorp Inc is a holding company that, through its subsidiaries, acts as an electric utility engaged in the generation, transmission, distribution, sale, and purchase of electric energy and capacity. To do this, Idacorp owns and operates a portfolio of hydroelectric, coal-fired, gas-fired, and diesel-fired power plants located across the Northwestern United States. The company's hydroelectric and coal-fired plants are responsible for Majority of its total energy production. Idacorp mainly generates revenue from the sale of electricity to retail and wholesale customers. The Majority of the company's customers are residential consumers living in the Northwestern United States, while commercial and industrial consumers also represent important revenue streams.
Executives
Hanchey James Bo D officer: VP of Cust Op & CSO 1221 W IDAHO ST, BOISE ID 83702
Jeffrey L Malmen officer: Vice President-Public Affairs 1221 WEST IDAHO STREET, BOISE ID 83702
Mitchel D Colburn officer: VP of Plan, Eng, & Const (IPC) 1221 W IDAHO ST, BOISE ID 83702
Nate Jorgensen director PO BOX 50, BOISE ID 83728-0050
Susan Morris director ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Julia A Hilton officer: VP and General Counsel 1221 W IDAHO ST, BOISE ID 83702
Dennis L Johnson director 1221 W IDAHO ST, BOISE ID 83702
Jeff C Kinneeveauk director 7300 EAST EARLL DRIVE, #3022, SCOTTSDALE AZ 85251
Mark T Peters director 884 NEIL AVENUE, COLUMBUS OH 43215
Odette C Bolano director 1726 N MOCKBEE PL, BOISE ID 83702
Tom J Harvey officer: VP of Power Supply (IPC) 1221 W IDAHO ST, BOISE ID 83702
Christine King director AMIS HOLDINGS, INC., 2300 BUCKSKIN RD, POCATELLO ID 83201
Darrel T Anderson officer: VP, CFO & Treasurer 1221 W IDAHO ST, BOISE ID 83702
Richard J Dahl director DOLE FOOD CO, 1 DOLE DRIVE, WESTLAKE CA 91362
Sarah E Griffin officer: VP of Human Resources 1221 W IDAHO ST, BOISE ID 83702

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