ormat technologies inc. - ORA

ORA

Close Chg Chg %
98.83 -0.20 -0.20%

Open Market

98.63

-0.20 (0.20%)

Volume: 122.05K

Last Updated:

Sep 10, 2026, 10:55 AM EDT

Company Overview: ormat technologies inc. - ORA

ORA Key Data

Open

$97.60

Day Range

97.60 - 98.85

52 Week Range

90.31 - 146.39

Market Cap

$6.64B

Shares Outstanding

61.50M

Public Float

61.29M

Beta

0.90

Rev. Per Employee

N/A

P/E Ratio

52.90

EPS

$2.08

Yield

48.58%

Dividend

$0.12

EX-DIVIDEND DATE

Aug 19, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

742.48K

 

ORA Performance

1 Week
 
2.39%
 
1 Month
 
-0.11%
 
3 Months
 
-21.85%
 
1 Year
 
18.06%
 
5 Years
 
53.50%
 

ORA Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 12
Full Ratings ➔

About ormat technologies inc. - ORA

Ormat Technologies, Inc. engages in the geothermal and recovered energy power businesses. It operates through the following segments: Electricity, Product, and Energy Storage. The Electricity segment focuses on the sale of electricity from the company's power plants pursuant to power purchase agreements. The Product segment involves the manufacture, including design and development, of turbines and power units for the supply of electrical energy and in the associated construction of power plants utilizing the power units manufactured by the company to supply energy from geothermal fields and other alternative energy sources. The Energy Storage segment consists of battery energy storage systems as a service and management of curtailable customer loads under contracts with U.S. retail energy providers and directly with large commercial and industrial customers. The company was founded in 1965 and is headquartered in Reno, NV.

ORA At a Glance

Ormat Technologies, Inc.
6884 Sierra Center Parkway
Reno, Nevada 89511-2210
Phone 1-775-356-9029 Revenue 989.54M
Industry Electric Utilities Net Income 123.90M
Sector Utilities 2025 Sales Growth 12.492%
Fiscal Year-end 12 / 2026 Employees 1,648
View SEC Filings

ORA Valuation

P/E Current 51.661
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 54.712
Price to Sales Ratio 6.85
Price to Book Ratio 2.627
Price to Cash Flow Ratio 20.23
Enterprise Value to EBITDA 19.537
Enterprise Value to Sales 9.602
Total Debt to Enterprise Value 0.301

ORA Efficiency

Revenue/Employee 600,450.85
Income Per Employee 75,180.825
Receivables Turnover 4.275
Total Asset Turnover 0.166

ORA Liquidity

Current Ratio 0.81
Quick Ratio 0.748
Cash Ratio 0.38

ORA Profitability

Gross Margin 27.557
Operating Margin 18.787
Pretax Margin 10.687
Net Margin 12.521
Return on Assets 2.08
Return on Equity 4.987
Return on Total Capital 2.294
Return on Invested Capital 2.623

ORA Capital Structure

Total Debt to Total Equity 112.304
Total Debt to Total Capital 52.898
Total Debt to Total Assets 45.737
Long-Term Debt to Equity 93.024
Long-Term Debt to Total Capital 43.816
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ormat Technologies Inc. - ORA

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
734.16M 829.42M 879.65M 989.54M
Sales Growth
+10.72% +12.98% +6.06% +12.49%
Cost of Goods Sold (COGS) incl D&A
465.33M 565.41M 607.03M 716.86M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
204.05M 230.96M 270.61M 300.45M
Depreciation
176.85M 204.16M 242.81M 275.05M
Amortization of Intangibles
27.20M 26.80M 27.80M 25.40M
COGS Growth
+16.70% +21.51% +7.36% +18.09%
Gross Income
268.82M 264.02M 272.62M 272.69M
Gross Income Growth
+1.70% -1.79% +3.26% +0.02%
Gross Profit Margin
+36.62% +31.83% +30.99% +27.56%
2022 2023 2024 2025 5-year trend
SG&A Expense
81.87M 92.47M 98.36M 101.62M
Research & Development
5.08M 7.21M 6.50M 6.30M
Other SG&A
76.79M 85.25M 91.86M 95.32M
SGA Growth
-8.62% +12.94% +6.38% +3.31%
Other Operating Expense
- - (9.38M) (14.84M)
-
Unusual Expense
39.62M 7.16M 10.74M 12.36M
EBIT after Unusual Expense
147.34M 164.39M 172.89M 173.55M
Non Operating Income/Expense
36.02M 73.57M 78.02M 74.12M
Non-Operating Interest Income
3.42M 11.98M 7.88M 6.01M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
87.74M 98.88M 135.53M 141.92M
Interest Expense Growth
+6.15% +12.69% +37.07% +4.71%
Gross Interest Expense
106.47M 116.14M 150.26M 170.03M
Interest Capitalized
18.73M 17.26M 14.72M 28.12M
Pretax Income
95.61M 139.09M 115.38M 105.75M
Pretax Income Growth
-7.67% +45.47% -17.05% -8.35%
Pretax Margin
+13.02% +16.77% +13.12% +10.69%
Income Tax
14.74M 5.98M (16.29M) (20.28M)
Income Tax - Current - Domestic
2.87M (1.13M) 2.44M 1.44M
Income Tax - Current - Foreign
29.37M 35.38M 22.07M 21.43M
Income Tax - Deferred - Domestic
(14.53M) (6.74M) (50.88M) (54.68M)
Income Tax - Deferred - Foreign
(2.97M) (21.52M) 10.08M 11.53M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
77.80M 133.14M 131.24M 126.99M
Minority Interest Expense
11.95M 8.74M 7.51M 3.09M
Net Income
65.84M 124.40M 123.73M 123.90M
Net Income Growth
+6.04% +88.94% -0.54% +0.13%
Net Margin Growth
+8.97% +15.00% +14.07% +12.52%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
65.84M 124.40M 123.73M 123.90M
Preferred Dividends
- - - -
-
Net Income Available to Common
65.84M 124.40M 123.73M 123.90M
EPS (Basic)
1.1744 2.0934 2.0467 2.041
EPS (Basic) Growth
+5.93% +78.25% -2.23% -0.28%
Basic Shares Outstanding
56.06M 59.42M 60.45M 60.70M
EPS (Diluted)
1.1653 2.0816 2.0354 2.0191
EPS (Diluted) Growth
+5.85% +78.63% -2.22% -0.80%
Diluted Shares Outstanding
56.50M 59.76M 60.79M 61.36M
EBITDA
391.00M 402.51M 454.24M 486.36M
EBITDA Growth
+10.63% +2.94% +12.85% +7.07%
EBITDA Margin
+53.26% +48.53% +51.64% +49.15%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 131.909
Number of Ratings 12 Current Quarters Estimate 0.295
FY Report Date 09 / 2026 Current Year's Estimate 2.544
Last Quarter’s Earnings 0.50 Median PE on CY Estimate N/A
Year Ago Earnings 2.24 Next Fiscal Year Estimate 2.44
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 10 10 11 12
Mean Estimate 0.30 0.51 2.54 2.44
High Estimates 0.52 0.85 2.88 2.95
Low Estimate 0.05 0.24 2.10 1.61
Coefficient of Variance 50.93 33.77 11.11 15.63

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 5 6
OVERWEIGHT 2 2 2
HOLD 5 3 4
UNDERWEIGHT 0 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Ormat Technologies Inc. - ORA

Date Name Shares Transaction Value
Mar 5, 2026 Doron Blachar Chief Executive Officer 41,363 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Jessica Woelfel GC, CCO, and CS 4,980 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Ofer Ben-Yosef EVP, Energy Storage & BD 1,468 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Aron J. Willis EVP, Electricity Segment 3,463 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 12,653 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 7,742 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 5,140 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 46,483 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 45,234 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 4,929 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Doron Blachar Chief Executive Officer 36,224 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 5,953 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 3,871 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 1,953 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 9,512 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Mar 5, 2026 Assaf Ginzburg Chief Financial Officer 8,818 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Ormat Technologies Inc. in the News