IDACORP, Inc. ROIC

ROIC of IDA for past 10 years: annual, quarterly and twelve month trailing (TTM) including ROIC growth rates and interactive chart. Return on invested capital (ROIC) is a calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. Calculated as Net Operating Profit After Tax or EBIT*(1-tax rate) divided by average invested capital. Invested capital is calculated as equity plus long-term and short-term debt minus cash and short-term investments. ROIC is often compared to the Weighted average cost of capital (WACC). If it's above it, it is said the company is creating value, if it's below it's destroying it. A company with after tax operating profit of $10 million and invested capital of $50 million will have a ROIC of 20%.


Highlights and Quick Summary

  • Annual ROIC for 2020 was 4.54% (a -0.44% decrease from previous year)
  • Annual ROIC for 2019 was 4.56% (a -3.18% decrease from previous year)
  • Annual ROIC for 2018 was 4.71% (a -6.36% decrease from previous year)
  • Twelve month ROIC ending June 29, 2021 was 4.77% (a 3.02% increase compared to previous quarter)
  • Twelve month trailing ROIC increased by 4.15% year-over-year
Trailing ROIC for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
4.77% 4.63% 4.54% 4.58%
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Historical ROIC of IDACORP, Inc.

Most recent ROICof IDA including historical data for past 10 years.

Interactive Chart of ROIC of IDACORP, Inc.

IDACORP, Inc. ROIC for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 4.54%
2019 4.56%
2018 4.71%
2017 5.03%
2016 4.59%
2015 4.8%
2014 4.53%
2013 5.37%
2012 4.66%
2011 3.11%
2010 4.11%

Business Profile of IDACORP, Inc.

Sector: Utilities
Industry: Utilities—Regulated Electric
IDACORP, Inc. engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming, Nevada, and Oregon. As of December 31, 2020, it had approximately 4,833 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 9 switching stations; 31 mixed-use transmission and distribution substations; 186 energized distribution substations; and 28,201 pole-miles of distribution lines, as well as provides electric utility services to approximately 587,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate investments. The company was founded in 1915 and is headquartered in Boise, Idaho.