IDA vs. WEC
Compare and contrast key facts about IDACORP, Inc. (IDA) and WEC Energy Group, Inc. (WEC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDA or WEC.
Correlation
The correlation between IDA and WEC is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
IDA vs. WEC - Performance Comparison
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Key characteristics
IDA:
1.19
WEC:
1.78
IDA:
1.77
WEC:
2.67
IDA:
1.23
WEC:
1.33
IDA:
1.29
WEC:
1.44
IDA:
5.08
WEC:
8.22
IDA:
4.45%
WEC:
4.03%
IDA:
18.08%
WEC:
17.24%
IDA:
-54.01%
WEC:
-45.05%
IDA:
-3.26%
WEC:
-1.95%
Fundamentals
IDA:
$6.21B
WEC:
$34.35B
IDA:
$5.65
WEC:
$5.13
IDA:
20.35
WEC:
20.98
IDA:
2.17
WEC:
2.68
IDA:
3.43
WEC:
3.79
IDA:
1.86
WEC:
2.70
IDA:
$1.81B
WEC:
$9.07B
IDA:
$694.59M
WEC:
$3.62B
IDA:
$625.72M
WEC:
$2.67B
Returns By Period
In the year-to-date period, IDA achieves a 6.81% return, which is significantly lower than WEC's 15.43% return. Over the past 10 years, IDA has underperformed WEC with an annualized return of 10.01%, while WEC has yielded a comparatively higher 12.05% annualized return.
IDA
6.81%
-1.33%
2.54%
21.27%
8.74%
10.01%
WEC
15.43%
0.62%
12.19%
30.65%
8.33%
12.05%
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Risk-Adjusted Performance
IDA vs. WEC — Risk-Adjusted Performance Rank
IDA
WEC
IDA vs. WEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDACORP, Inc. (IDA) and WEC Energy Group, Inc. (WEC). 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. WEC - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 2.97%, less than WEC's 3.16% 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% |
WEC WEC Energy Group, Inc. | 3.16% | 3.55% | 3.71% | 3.10% | 2.79% | 2.75% | 2.56% | 3.19% | 3.13% | 3.38% | 3.40% | 2.96% |
Drawdowns
IDA vs. WEC - Drawdown Comparison
The maximum IDA drawdown since its inception was -54.01%, which is greater than WEC's maximum drawdown of -45.05%. Use the drawdown chart below to compare losses from any high point for IDA and WEC. For additional features, visit the drawdowns tool.
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Volatility
IDA vs. WEC - Volatility Comparison
IDACORP, Inc. (IDA) has a higher volatility of 5.89% compared to WEC Energy Group, Inc. (WEC) at 4.37%. This indicates that IDA's price experiences larger fluctuations and is considered to be riskier than WEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IDA vs. WEC - Financials Comparison
This section allows you to compare key financial metrics between IDACORP, Inc. and WEC Energy Group, 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. WEC - 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%.
WEC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, WEC Energy Group, Inc. reported a gross profit of 1.38B and revenue of 3.15B. Therefore, the gross margin over that period was 43.7%.
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%.
WEC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, WEC Energy Group, Inc. reported an operating income of 937.50M and revenue of 3.15B, resulting in an operating margin of 29.8%.
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%.
WEC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, WEC Energy Group, Inc. reported a net income of 724.50M and revenue of 3.15B, resulting in a net margin of 23.0%.