IDACORP Gross Margin 2010-2024 | IDA
- IDACORP average gross margin for 2023 was 55.67%, a 9.41% increase from 2022.
- IDACORP average gross margin for 2022 was 61.45%, a 6.1% decline from 2021.
- IDACORP average gross margin for 2021 was 65.44%, a 5.27% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.