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Ormat Technologies ORA · USD

Utilities · US listing · 🇺🇸 United States

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94.57

+2.91%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$989.5m

FY2016FY2025

Net income

$123.9m

FY2016FY2025

Free cash flow

−$284.7m

FY2016FY2025

Shareholders' equity

$2.54bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$989.5m$879.7m$829.4m$734.2m$663.1m$705.3m$746.0m$719.3m$692.8m$662.6m
Gross profit$272.7m$272.6m$264.0m$268.8m$264.3m$276.3m$269.3m$270.4m$268.5m$270.8m
Research and development$6.3m$6.5m$7.2m$5.1m$4.1m$5.4m$4.6m$4.2m$3.2m$2.8m
Operating income$182.7m$172.5m$166.6m$183.4m$169.4m$214.0m$193.8m$185.1m$205.0m$201.9m
Net income$123.9m$123.7m$124.4m$65.8m$62.1m$85.5m$88.1m$98.0m$170.7m$93.9m
Diluted earnings per share1.992.042.061.171.101.601.711.923.371.87

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$6.25bn$5.67bn$5.21bn$4.61bn$4.43bn$3.89bn$3.25bn$3.12bn$2.57bn$2.46bn
Cash and short-term investments$280.9m$94.4m$195.8m$95.9m$282.6m$448.3m$71.2m$98.8m$47.8m$230.2m
Total liabilities$3.56bn$3.11bn$2.76bn$2.58bn$2.42bn$1.94bn$1.74bn$1.68bn$1.28bn$1.29bn
Debt$2.61bn$2.21bn$1.87bn$1.79bn$1.66bn$1.47bn$1.25bn$1.27bn$913.6m$938.8m
Shareholders' equity$2.54bn$2.43bn$2.32bn$1.87bn$1.85bn$1.81bn$1.39bn$1.32bn$1.20bn$1.08bn
Shares outstanding62m61m61m57m56m54m52m51m51m50m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$335.1m$410.9m$309.4m$281.0m$258.8m$265.0m$236.5m$145.8m$245.6m$159.3m
Capital spending−$619.8m−$487.7m−$618.4m−$563.5m−$419.3m−$320.7m−$280.0m−$258.5m−$260.1m−$151.9m
Free cash flow−$284.7m−$76.8m−$309.0m−$282.5m−$160.4m−$55.7m−$43.5m−$112.7m−$14.5m$7.4m
Dividends paid−$29.1m−$29.1m−$28.4m−$27.1m−$27.0m−$22.5m−$22.4m−$26.8m−$20.5m−$25.7m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$258.8m$403.9m$276.0m$249.7m$234.0m$229.8m$230.7m$211.8m
Gross profit$68.7m$120.4m$78.8m$64.0m$56.9m$72.9m$73.6m$58.9m
Operating income$34.2m$91.2m$54.9m$63.0m$35.3m$50.9m$49.1m$35.7m
Net income$27.1m$44.1m$31.4m$24.1m$28.0m$40.4m$40.8m$22.1m
Diluted earnings per share0.430.700.500.390.450.650.670.36
Cash from operations$50.0m$78.0m$105.0m$45.0m$96.0m$88.0m$158.0m$106.0m
Capital spending−$138.0m−$113.0m−$145.0m−$147.0m−$134.0m−$192.0m−$127.0m−$109.0m
Free cash flow−$88.0m−$35.0m−$40.0m−$102.0m−$38.0m−$104.0m$31.0m−$3.0m
Total assets$6.79bn$6.77bn$6.25bn$6.09bn$6.02bn$5.84bn$5.67bn$5.59bn
Cash and short-term investments$513.7m$762.9m$280.9m$79.6m$88.5m$112.7m$94.4m$88.1m
Debt$3.37bn$3.37bn$2.62bn$2.52bn$2.49bn$2.36bn$2.21bn$2.18bn
Shareholders' equity$2.60bn$2.57bn$2.54bn$2.51bn$2.49bn$2.46bn$2.43bn$2.39bn

Financial ratios

Data as of 11 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin27.6%31.0%31.8%36.6%39.9%39.2%
Operating margin25.1%28.4%28.7%25.0%28.1%35.0%
Net margin12.5%14.1%15.0%9.0%9.4%12.1%
Return on equity4.9%5.1%5.4%3.5%3.3%4.7%
Return on assets2.0%2.2%2.4%1.4%1.4%2.2%
Free cash flow yield17.2%16.6%17.2%16.8%13.5%12.3%
Revenue growth12.5%6.1%13.0%10.7%-6.0%-5.5%
Earnings growth0.1%-0.5%88.9%6.0%-27.3%-3.0%
Current ratio0.81x0.91x1.20x1.33x1.11x3.13x
Debt to equity1.11x1.00x0.90x1.09x0.90x0.60x
Equity ratio40.7%42.8%44.5%40.5%41.9%46.4%
Interest coverage1.75x1.86x2.41x2.09x2.25x3.16x
R&D as a share of sales0.6%0.7%0.9%0.7%0.6%0.8%
Buybacks as a share of market value-2.6%-0.4%-7.1%-0.2%-5.3%-4.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.5%7.0%5.2%
Operating income-0.1%-3.1%1.1%
Net income23.5%7.7%0.4%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.2%31.4%33.7%35.5%
Operating margin19.0%20.5%22.7%24.8%
Net margin13.2%12.8%12.2%14.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings55.633.336.974.272.056.643.627.219.028.7
Price to sales7.04.75.56.76.76.85.23.74.74.1

Market value over time

30 Nov 2016 to 9 Oct 2026, in USD

$2.41bn$5.56bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return64%-11%-12%16%-10%8%48%-19%21%49%

Dividends and splits

Per share, in the currency the company pays

Paid for 21 years. Last went ex-dividend on 19 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.360.480.480.480.480.480.440.44

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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