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Side-by-side financial comparison of IDACORP INC (IDA) and Mistras Group, Inc. (MG). Click either name above to swap in a different company.

IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $181.5M, roughly 2.0× Mistras Group, Inc.). IDACORP INC runs the higher net margin — 12.1% vs 2.1%, a 10.0% gap on every dollar of revenue. On growth, Mistras Group, Inc. posted the faster year-over-year revenue change (5.1% vs -4.2%). Mistras Group, Inc. produced more free cash flow last quarter ($26.0M vs $-216.2M). Over the past eight quarters, Mistras Group, Inc.'s revenue compounded faster (-0.8% CAGR vs -7.2%).

IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.

Mistras Group, Inc. is a global provider of asset integrity and protection solutions, offering non-destructive testing, inspection, real-time monitoring, and engineering consulting services. Its key client segments include oil and gas, aerospace, power generation, and manufacturing industries, with operations spanning North America, Europe, and Asia-Pacific, helping clients enhance operational safety, extend asset lifespans, and minimize unplanned downtime.

IDA vs MG — Head-to-Head

Bigger by revenue
IDA
IDA
2.0× larger
IDA
$360.1M
$181.5M
MG
Growing faster (revenue YoY)
MG
MG
+9.2% gap
MG
5.1%
-4.2%
IDA
Higher net margin
IDA
IDA
10.0% more per $
IDA
12.1%
2.1%
MG
More free cash flow
MG
MG
$242.2M more FCF
MG
$26.0M
$-216.2M
IDA
Faster 2-yr revenue CAGR
MG
MG
Annualised
MG
-0.8%
-7.2%
IDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IDA
IDA
MG
MG
Revenue
$360.1M
$181.5M
Net Profit
$43.6M
$3.8M
Gross Margin
28.4%
Operating Margin
14.9%
7.0%
Net Margin
12.1%
2.1%
Revenue YoY
-4.2%
5.1%
Net Profit YoY
15.1%
-27.4%
EPS (diluted)
$0.78
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IDA
IDA
MG
MG
Q4 25
$360.1M
$181.5M
Q3 25
$526.4M
$195.5M
Q2 25
$449.3M
$185.4M
Q1 25
$411.1M
$161.6M
Q4 24
$375.9M
$172.7M
Q3 24
$532.5M
$182.7M
Q2 24
$442.6M
$189.8M
Q1 24
$417.9M
$184.4M
Net Profit
IDA
IDA
MG
MG
Q4 25
$43.6M
$3.8M
Q3 25
$124.4M
$13.1M
Q2 25
$95.8M
$3.0M
Q1 25
$59.6M
$-3.2M
Q4 24
$37.9M
$5.2M
Q3 24
$113.6M
$6.4M
Q2 24
$89.5M
$6.4M
Q1 24
$48.2M
$995.0K
Gross Margin
IDA
IDA
MG
MG
Q4 25
28.4%
Q3 25
29.8%
Q2 25
29.1%
Q1 25
25.3%
Q4 24
26.5%
Q3 24
26.8%
Q2 24
27.1%
Q1 24
25.0%
Operating Margin
IDA
IDA
MG
MG
Q4 25
14.9%
7.0%
Q3 25
27.5%
10.4%
Q2 25
22.4%
4.5%
Q1 25
13.4%
-0.6%
Q4 24
11.0%
6.1%
Q3 24
25.1%
6.5%
Q2 24
23.3%
6.3%
Q1 24
11.9%
3.0%
Net Margin
IDA
IDA
MG
MG
Q4 25
12.1%
2.1%
Q3 25
23.6%
6.7%
Q2 25
21.3%
1.6%
Q1 25
14.5%
-2.0%
Q4 24
10.1%
3.0%
Q3 24
21.3%
3.5%
Q2 24
20.2%
3.4%
Q1 24
11.5%
0.5%
EPS (diluted)
IDA
IDA
MG
MG
Q4 25
$0.78
$0.12
Q3 25
$2.26
$0.41
Q2 25
$1.76
$0.10
Q1 25
$1.10
$-0.10
Q4 24
$0.72
$0.17
Q3 24
$2.12
$0.20
Q2 24
$1.71
$0.20
Q1 24
$0.95
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IDA
IDA
MG
MG
Cash + ST InvestmentsLiquidity on hand
$215.7M
$28.0M
Total DebtLower is stronger
$3.3B
$178.0M
Stockholders' EquityBook value
$3.6B
$235.1M
Total Assets
$10.2B
$578.8M
Debt / EquityLower = less leverage
0.93×
0.76×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDA
IDA
MG
MG
Q4 25
$215.7M
$28.0M
Q3 25
$333.2M
$27.8M
Q2 25
$474.5M
$20.0M
Q1 25
$634.5M
$18.5M
Q4 24
$368.9M
$18.3M
Q3 24
$427.9M
$20.4M
Q2 24
$169.6M
$17.2M
Q1 24
$157.6M
$16.9M
Total Debt
IDA
IDA
MG
MG
Q4 25
$3.3B
$178.0M
Q3 25
$202.3M
Q2 25
$189.4M
Q1 25
$171.9M
Q4 24
$3.1B
$169.6M
Q3 24
$189.7M
Q2 24
$199.7M
Q1 24
$198.4M
Stockholders' Equity
IDA
IDA
MG
MG
Q4 25
$3.6B
$235.1M
Q3 25
$3.5B
$227.4M
Q2 25
$3.4B
$215.8M
Q1 25
$3.3B
$198.7M
Q4 24
$3.3B
$198.6M
Q3 24
$3.3B
$205.2M
Q2 24
$3.2B
$193.2M
Q1 24
$2.9B
$187.1M
Total Assets
IDA
IDA
MG
MG
Q4 25
$10.2B
$578.8M
Q3 25
$10.1B
$596.3M
Q2 25
$9.9B
$571.0M
Q1 25
$9.6B
$526.8M
Q4 24
$9.2B
$523.0M
Q3 24
$9.1B
$551.7M
Q2 24
$8.7B
$548.1M
Q1 24
$8.3B
$542.1M
Debt / Equity
IDA
IDA
MG
MG
Q4 25
0.93×
0.76×
Q3 25
0.89×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.92×
0.85×
Q3 24
0.92×
Q2 24
1.03×
Q1 24
1.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IDA
IDA
MG
MG
Operating Cash FlowLast quarter
$137.8M
$32.1M
Free Cash FlowOCF − Capex
$-216.2M
$26.0M
FCF MarginFCF / Revenue
-60.0%
14.3%
Capex IntensityCapex / Revenue
98.3%
3.4%
Cash ConversionOCF / Net Profit
3.16×
8.55×
TTM Free Cash FlowTrailing 4 quarters
$-577.5M
$8.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDA
IDA
MG
MG
Q4 25
$137.8M
$32.1M
Q3 25
$162.8M
$4.5M
Q2 25
$176.9M
$-9.3M
Q1 25
$124.3M
$5.6M
Q4 24
$136.4M
$25.7M
Q3 24
$201.9M
$19.4M
Q2 24
$146.4M
$4.5M
Q1 24
$109.7M
$604.0K
Free Cash Flow
IDA
IDA
MG
MG
Q4 25
$-216.2M
$26.0M
Q3 25
$-127.9M
$-4.1M
Q2 25
$-156.4M
$-14.7M
Q1 25
$-77.0M
$1.1M
Q4 24
$-48.9M
$22.1M
Q3 24
$-16.1M
$14.6M
Q2 24
$-199.6M
$-284.0K
Q1 24
$-150.3M
$-4.2M
FCF Margin
IDA
IDA
MG
MG
Q4 25
-60.0%
14.3%
Q3 25
-24.3%
-2.1%
Q2 25
-34.8%
-7.9%
Q1 25
-18.7%
0.7%
Q4 24
-13.0%
12.8%
Q3 24
-3.0%
8.0%
Q2 24
-45.1%
-0.1%
Q1 24
-36.0%
-2.3%
Capex Intensity
IDA
IDA
MG
MG
Q4 25
98.3%
3.4%
Q3 25
55.2%
4.4%
Q2 25
74.2%
2.9%
Q1 25
49.0%
2.8%
Q4 24
49.3%
2.1%
Q3 24
41.0%
2.6%
Q2 24
78.2%
2.5%
Q1 24
62.2%
2.6%
Cash Conversion
IDA
IDA
MG
MG
Q4 25
3.16×
8.55×
Q3 25
1.31×
0.34×
Q2 25
1.85×
-3.07×
Q1 25
2.08×
Q4 24
3.60×
4.96×
Q3 24
1.78×
3.02×
Q2 24
1.63×
0.71×
Q1 24
2.28×
0.61×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

MG
MG

Segment breakdown not available.

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