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Side-by-side financial comparison of IDACORP INC (IDA) and Paycom (PAYC). Click either name above to swap in a different company.

Paycom is the larger business by last-quarter revenue ($544.3M vs $360.1M, roughly 1.5× IDACORP INC). Paycom runs the higher net margin — 20.9% vs 12.1%, a 8.8% gap on every dollar of revenue. On growth, Paycom posted the faster year-over-year revenue change (10.2% vs -4.2%). Paycom produced more free cash flow last quarter ($122.6M vs $-216.2M). Over the past eight quarters, Paycom's revenue compounded faster (4.3% 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.

Paycom Software, Inc., known simply as Paycom, is an online payroll and human resource software provider based in Oklahoma City, Oklahoma with offices throughout the United States. It is attributed with being one of the first fully online payroll providers. Founded in 1998, it reported annual revenue of $2.052 billion for 2025, up from $1.883 billion for 2024.

IDA vs PAYC — Head-to-Head

Bigger by revenue
PAYC
PAYC
1.5× larger
PAYC
$544.3M
$360.1M
IDA
Growing faster (revenue YoY)
PAYC
PAYC
+14.4% gap
PAYC
10.2%
-4.2%
IDA
Higher net margin
PAYC
PAYC
8.8% more per $
PAYC
20.9%
12.1%
IDA
More free cash flow
PAYC
PAYC
$338.8M more FCF
PAYC
$122.6M
$-216.2M
IDA
Faster 2-yr revenue CAGR
PAYC
PAYC
Annualised
PAYC
4.3%
-7.2%
IDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IDA
IDA
PAYC
PAYC
Revenue
$360.1M
$544.3M
Net Profit
$43.6M
$113.8M
Gross Margin
83.9%
Operating Margin
14.9%
28.9%
Net Margin
12.1%
20.9%
Revenue YoY
-4.2%
10.2%
Net Profit YoY
15.1%
0.2%
EPS (diluted)
$0.78
$2.06

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
PAYC
PAYC
Q4 25
$360.1M
$544.3M
Q3 25
$526.4M
$493.3M
Q2 25
$449.3M
$483.6M
Q1 25
$411.1M
$530.5M
Q4 24
$375.9M
$493.9M
Q3 24
$532.5M
$451.9M
Q2 24
$442.6M
$437.5M
Q1 24
$417.9M
$499.9M
Net Profit
IDA
IDA
PAYC
PAYC
Q4 25
$43.6M
$113.8M
Q3 25
$124.4M
$110.7M
Q2 25
$95.8M
$89.5M
Q1 25
$59.6M
$139.4M
Q4 24
$37.9M
$113.6M
Q3 24
$113.6M
$73.3M
Q2 24
$89.5M
$68.0M
Q1 24
$48.2M
$247.2M
Gross Margin
IDA
IDA
PAYC
PAYC
Q4 25
83.9%
Q3 25
82.7%
Q2 25
81.9%
Q1 25
84.1%
Q4 24
83.1%
Q3 24
80.5%
Q2 24
80.8%
Q1 24
84.3%
Operating Margin
IDA
IDA
PAYC
PAYC
Q4 25
14.9%
28.9%
Q3 25
27.5%
22.8%
Q2 25
22.4%
23.2%
Q1 25
13.4%
34.9%
Q4 24
11.0%
30.1%
Q3 24
25.1%
23.2%
Q2 24
23.3%
21.7%
Q1 24
11.9%
57.2%
Net Margin
IDA
IDA
PAYC
PAYC
Q4 25
12.1%
20.9%
Q3 25
23.6%
22.4%
Q2 25
21.3%
18.5%
Q1 25
14.5%
26.3%
Q4 24
10.1%
23.0%
Q3 24
21.3%
16.2%
Q2 24
20.2%
15.5%
Q1 24
11.5%
49.4%
EPS (diluted)
IDA
IDA
PAYC
PAYC
Q4 25
$0.78
$2.06
Q3 25
$2.26
$1.96
Q2 25
$1.76
$1.58
Q1 25
$1.10
$2.48
Q4 24
$0.72
$2.04
Q3 24
$2.12
$1.31
Q2 24
$1.71
$1.20
Q1 24
$0.95
$4.37

Balance Sheet & Financial Strength

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

Metric
IDA
IDA
PAYC
PAYC
Cash + ST InvestmentsLiquidity on hand
$215.7M
$370.0M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$3.6B
$1.7B
Total Assets
$10.2B
$7.6B
Debt / EquityLower = less leverage
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IDA
IDA
PAYC
PAYC
Q4 25
$215.7M
$370.0M
Q3 25
$333.2M
$375.0M
Q2 25
$474.5M
$532.2M
Q1 25
$634.5M
$520.8M
Q4 24
$368.9M
$402.0M
Q3 24
$427.9M
$325.8M
Q2 24
$169.6M
$346.5M
Q1 24
$157.6M
$371.3M
Total Debt
IDA
IDA
PAYC
PAYC
Q4 25
$3.3B
Q3 25
Q2 25
Q1 25
Q4 24
$3.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IDA
IDA
PAYC
PAYC
Q4 25
$3.6B
$1.7B
Q3 25
$3.5B
$1.7B
Q2 25
$3.4B
$1.8B
Q1 25
$3.3B
$1.7B
Q4 24
$3.3B
$1.6B
Q3 24
$3.3B
$1.5B
Q2 24
$3.2B
$1.4B
Q1 24
$2.9B
$1.4B
Total Assets
IDA
IDA
PAYC
PAYC
Q4 25
$10.2B
$7.6B
Q3 25
$10.1B
$4.2B
Q2 25
$9.9B
$4.0B
Q1 25
$9.6B
$4.6B
Q4 24
$9.2B
$5.9B
Q3 24
$9.1B
$3.5B
Q2 24
$8.7B
$4.3B
Q1 24
$8.3B
$4.7B
Debt / Equity
IDA
IDA
PAYC
PAYC
Q4 25
0.93×
Q3 25
Q2 25
Q1 25
Q4 24
0.92×
Q3 24
Q2 24
Q1 24

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
PAYC
PAYC
Operating Cash FlowLast quarter
$137.8M
$196.1M
Free Cash FlowOCF − Capex
$-216.2M
$122.6M
FCF MarginFCF / Revenue
-60.0%
22.5%
Capex IntensityCapex / Revenue
98.3%
13.5%
Cash ConversionOCF / Net Profit
3.16×
1.72×
TTM Free Cash FlowTrailing 4 quarters
$-577.5M
$408.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IDA
IDA
PAYC
PAYC
Q4 25
$137.8M
$196.1M
Q3 25
$162.8M
$177.8M
Q2 25
$176.9M
$122.5M
Q1 25
$124.3M
$182.5M
Q4 24
$136.4M
$160.4M
Q3 24
$201.9M
$92.8M
Q2 24
$146.4M
$132.1M
Q1 24
$109.7M
$148.6M
Free Cash Flow
IDA
IDA
PAYC
PAYC
Q4 25
$-216.2M
$122.6M
Q3 25
$-127.9M
$79.8M
Q2 25
$-156.4M
$60.8M
Q1 25
$-77.0M
$144.8M
Q4 24
$-48.9M
$109.0M
Q3 24
$-16.1M
$44.6M
Q2 24
$-199.6M
$86.5M
Q1 24
$-150.3M
$100.9M
FCF Margin
IDA
IDA
PAYC
PAYC
Q4 25
-60.0%
22.5%
Q3 25
-24.3%
16.2%
Q2 25
-34.8%
12.6%
Q1 25
-18.7%
27.3%
Q4 24
-13.0%
22.1%
Q3 24
-3.0%
9.9%
Q2 24
-45.1%
19.8%
Q1 24
-36.0%
20.2%
Capex Intensity
IDA
IDA
PAYC
PAYC
Q4 25
98.3%
13.5%
Q3 25
55.2%
19.9%
Q2 25
74.2%
12.8%
Q1 25
49.0%
7.1%
Q4 24
49.3%
10.4%
Q3 24
41.0%
10.7%
Q2 24
78.2%
10.4%
Q1 24
62.2%
9.5%
Cash Conversion
IDA
IDA
PAYC
PAYC
Q4 25
3.16×
1.72×
Q3 25
1.31×
1.61×
Q2 25
1.85×
1.37×
Q1 25
2.08×
1.31×
Q4 24
3.60×
1.41×
Q3 24
1.78×
1.27×
Q2 24
1.63×
1.94×
Q1 24
2.28×
0.60×

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%

PAYC
PAYC

Recurring$510.3M94%
Interest On Funds Held For Clients$27.2M5%
Implementation And Other$6.8M1%

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