IDA vs. NEE
Compare and contrast key facts about IDACORP, Inc. (IDA) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDA or NEE.
Correlation
The correlation between IDA and NEE is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IDA vs. NEE - Performance Comparison
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Key characteristics
IDA:
1.19
NEE:
-0.11
IDA:
1.77
NEE:
0.21
IDA:
1.23
NEE:
1.03
IDA:
1.29
NEE:
0.02
IDA:
5.08
NEE:
0.04
IDA:
4.45%
NEE:
12.22%
IDA:
18.08%
NEE:
28.38%
IDA:
-54.01%
NEE:
-47.81%
IDA:
-3.26%
NEE:
-17.94%
Fundamentals
IDA:
$6.21B
NEE:
$144.74B
IDA:
$5.65
NEE:
$2.67
IDA:
20.35
NEE:
26.33
IDA:
2.17
NEE:
2.66
IDA:
3.43
NEE:
5.73
IDA:
1.86
NEE:
2.91
IDA:
$1.81B
NEE:
$25.27B
IDA:
$694.59M
NEE:
$17.71B
IDA:
$625.72M
NEE:
$10.19B
Returns By Period
In the year-to-date period, IDA achieves a 6.81% return, which is significantly higher than NEE's -1.12% return. Over the past 10 years, IDA has underperformed NEE with an annualized return of 10.01%, while NEE has yielded a comparatively higher 13.70% annualized return.
IDA
6.81%
-1.33%
2.54%
21.27%
8.74%
10.01%
NEE
-1.12%
6.84%
-7.28%
-2.03%
6.87%
13.70%
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Risk-Adjusted Performance
IDA vs. NEE — Risk-Adjusted Performance Rank
IDA
NEE
IDA vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDACORP, Inc. (IDA) and NextEra Energy, Inc. (NEE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
IDA vs. NEE - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 2.97%, which matches NEE's 3.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 2.97% | 3.07% | 3.25% | 2.82% | 2.54% | 2.83% | 2.40% | 2.58% | 2.45% | 2.58% | 2.82% | 2.66% |
NEE NextEra Energy, Inc. | 3.00% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
IDA vs. NEE - Drawdown Comparison
The maximum IDA drawdown since its inception was -54.01%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for IDA and NEE. For additional features, visit the drawdowns tool.
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Volatility
IDA vs. NEE - Volatility Comparison
The current volatility for IDACORP, Inc. (IDA) is 5.89%, while NextEra Energy, Inc. (NEE) has a volatility of 7.95%. This indicates that IDA experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IDA vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between IDACORP, Inc. and NextEra Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IDA vs. NEE - Profitability Comparison
IDA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, IDACORP, Inc. reported a gross profit of 358.35M and revenue of 432.46M. Therefore, the gross margin over that period was 82.9%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
IDA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, IDACORP, Inc. reported an operating income of 54.93M and revenue of 432.46M, resulting in an operating margin of 12.7%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
IDA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, IDACORP, Inc. reported a net income of 59.65M and revenue of 432.46M, resulting in a net margin of 13.8%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.