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HB 3179 In response to increasing utility bills and concerns about affordability, the Oregon Legislature in 2025 passed HB 3179. Under the provisions of the legislation, which will require a significant amount of rulemaking to implement, the OPUC shall balance the interests of the utility investor and the consumer by considering the cumulative economic impact of the proposed price or schedule o…
15.52% operating margin is respectable but not wide. ROIC at 5.48%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue grew 4.0%, steady but not accelerating.
Negative free cash flow of -$71M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
$3.53B
▲ +4.0% YoY
Net Income (TTM)
$251M
▼ -2.2% YoY
Op. Margin
14.01%
▲ +0.6pp YoY
ROIC
5.00%
▼ -0.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$66M
▲ +85.5% YoY
Op. Cash Flow (TTM)
$1.16B
▲ +43.7% YoY
Net Debt
$4.95B
Cash & Equiv.
$8M
5Y CAGR: +10.8%
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