ORMAT TECHNOLOGIES, INC. financials
Source: EDGAR filings · Built 2026-06-02T03:45:47Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -286.51M | -78.14M | -310.94M | -285.49M | -163.63M | -58.62M |
| EBITDA | 461.35M | 435.33M | 391.38M | 351.60M | 352.33M | 370.63M |
| Working Capital | -140.62M | -50.96M | 108.99M | 112.81M | 57.78M | 530.51M |
| Net Debt | 2.73B | 2.38B | 1.94B | 1.98B | 1.71B | 1.05B |
| Gross Margin | 27.56% | 30.99% | 31.83% | 36.62% | 39.86% | 154.01% |
| Operating Margin | 17.10% | 19.61% | 20.08% | 20.81% | 25.54% | 119.31% |
| Net Margin | 12.52% | 14.07% | 15.00% | 8.97% | 9.36% | 47.64% |
| Return on Equity (ROE) | 4.87% | 5.10% | 5.37% | 3.53% | 3.35% | 4.73% |
| Return on Assets (ROA) | 1.98% | 2.18% | 2.39% | 1.43% | 1.40% | 2.20% |
| Current Ratio | 0.81× | 0.91× | 1.20× | 1.33× | 1.11× | 3.13× |
| Debt-to-Equity | 1.13× | 1.02× | 0.92× | 1.11× | 1.05× | 0.83× |
| Effective Tax Rate | -19.18% | -14.12% | 4.30% | 15.42% | 24.00% | 39.71% |
| Cash Conversion Ratio | 2.70× | 3.32× | 2.49× | 4.27× | 4.17× | 3.10× |
| Accruals Ratio | -0.03× | -0.05× | -0.04× | -0.05× | -0.04× | -0.05× |
| SBC % of Revenue | 1.96% | 2.30% | 1.87% | 1.59% | 1.38% | 5.48% |
| CapEx Coverage | 0.54× | 0.84× | 0.50× | 0.50× | 0.61× | 0.82× |
| Free Cash Flow Per Share | $-4.67 | $-1.29 | $-5.20 | $-5.05 | $-2.90 | $-1.13 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 54.69× | 33.20× | 36.44× | 73.91× | 72.09× | 54.72× |
| EV / EBITDA | 20.49× | 14.88× | 16.65× | 19.44× | 17.48× | 16.48× |
| P/S | 6.79× | 4.66× | 5.52× | 6.61× | 6.70× | 28.18× |
| P/B | 2.64× | 1.69× | 1.98× | 2.60× | 2.40× | 2.80× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenues | — | — | — | — | — | 179.38M |
| Cost of Goods and Services Sold | 716.86M | 607.03M | 565.41M | 465.33M | 398.75M | 429.07M |
| Gross Profit | 272.69M | 272.62M | 264.02M | 268.82M | 264.34M | 276.27M |
| Research and Development Expense | 6.30M | 6.50M | 7.21M | 5.08M | 4.13M | 5.39M |
| Operating Income (Loss) | 169.22M | 172.47M | 166.59M | 152.80M | 169.36M | 214.01M |
| Income Tax Expense (Benefit) | -20.28M | -16.29M | 5.98M | 14.74M | 24.85M | 67.00M |
| Net Income (Loss) Attributable to Parent | 123.90M | 123.73M | 124.40M | 65.84M | 62.09M | 85.46M |
| Earnings Per Share, Basic | $2.04 | $2.05 | $2.09 | $1.17 | $1.11 | $1.66 |
| Weighted Average Number of Shares Outstanding, Basic | 60.70M | 60.45M | 59.42M | 56.06M | 56.00M | 51.57M |
| Earnings Per Share, Diluted | $2.02 | $2.04 | $2.08 | $1.17 | $1.10 | $1.65 |
| Weighted Average Number of Shares Outstanding, Diluted | 61.36M | 60.79M | 59.76M | 56.50M | 56.40M | 51.94M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 147.45M | 94.39M | 195.81M | 95.87M | 239.28M | 448.25M |
| Assets, Current | 597.77M | 547.12M | 646.00M | 456.72M | 601.93M | 779.15M |
| Assets | 6.25B | 5.67B | 5.21B | 4.61B | 4.43B | 3.89B |
| Long-term Debt | 2.66B | 2.34B | 1.99B | 2.05B | 1.93B | 1.47B |
| Liabilities, Current | 738.39M | 598.08M | 537.01M | 343.91M | 544.16M | 248.65M |
| Liabilities | 3.56B | 3.11B | 2.76B | 2.58B | 2.42B | 1.94B |
| Stockholders' Equity Attributable to Parent | 2.54B | 2.43B | 2.32B | 1.87B | 1.85B | 1.81B |
| Common Stock, Shares, Outstanding | 60.85M | 60.50M | 60.36M | 56.10M | 56.06M | 55.98M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 335.10M | 410.92M | 309.40M | 280.97M | 258.82M | 265.00M |
| Payments to Acquire Property, Plant, and Equipment | 619.78M | 487.68M | 618.38M | 563.48M | 419.27M | 320.74M |
| Net Cash Provided by (Used in) Investing Activities | -726.43M | -780.25M | -628.34M | -523.41M | -638.19M | -385.97M |
| Payments for Repurchase of Common Stock | — | 0 | 0 | 17.96M | 0 | 0 |
| Payments of Dividends | — | — | 28.40M | 27.10M | 27.00M | 22.50M |
| Net Cash Provided by (Used in) Financing Activities | 465.75M | 287.92M | 379.96M | 126.27M | 186.38M | 503.48M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -35.73M | -40.60M | -245.92M | -143.28M | -104.97M | 30.52M |
| EBITDA | 156.62M | 119.90M | 115.41M | 105.35M | 120.69M | 119.14M |
| Working Capital | 69.53M | -140.62M | -150.12M | -221.77M | -18.37M | -50.96M |
| Net Debt | 657.74M | 2.73B | 561.33M | 612.46M | 486.95M | 2.38B |
| Gross Margin | 29.80% | 28.56% | 25.64% | 24.31% | 31.74% | 31.88% |
| Operating Margin | 19.87% | 15.42% | 16.19% | 15.09% | 22.16% | 21.27% |
| Net Margin | 10.91% | 11.36% | 9.67% | 11.98% | 17.57% | 17.69% |
| Return on Equity (ROE) | 1.71% | 1.23% | 0.96% | 1.13% | 1.64% | 1.68% |
| Return on Assets (ROA) | 0.65% | 0.50% | 0.40% | 0.47% | 0.69% | 0.72% |
| Current Ratio | 1.07× | 0.81× | 0.77× | 0.70× | 0.97× | 0.91× |
| Debt-to-Equity | 0.51× | 1.13× | 0.26× | 0.28× | 0.24× | 1.02× |
| Effective Tax Rate | -54.03% | -25.71% | -21.45% | -24.89% | -10.09% | -37.11% |
| Cash Conversion Ratio | 1.78× | 3.35× | 9.53× | 6.59× | 2.18× | 3.89× |
| Accruals Ratio | -0.01× | -0.01× | -0.03× | -0.03× | -0.01× | -0.02× |
| SBC % of Revenue | 1.17% | 1.78% | 5.80% | 4.07% | 2.14% | 2.30% |
| CapEx Coverage | 0.69× | 0.72× | 0.48× | 0.56× | 0.46× | 1.24× |
| Free Cash Flow Per Share | $-0.58 | $-0.66 | $-4.01 | $-2.35 | $-1.73 | $0.50 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 54.07× | 54.69× | 44.15× | 38.96× | 34.35× | 33.20× |
| EV / EBITDA | 15.15× | 20.49× | 13.92× | 12.73× | 10.84× | 14.88× |
| P/S | 5.91× | 6.79× | 6.20× | 5.61× | 4.85× | 4.66× |
| P/B | 2.68× | 2.64× | 2.33× | 2.04× | 1.74× | 1.69× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cost of Goods and Services Sold | 283.54M | 197.21M | 185.69M | 177.12M | 156.84M | 157.18M |
| Gross Profit | 120.37M | 78.83M | 64.04M | 56.90M | 72.93M | 73.56M |
| Research and Development Expense | 1.13M | 1.04M | 1.28M | 1.44M | 2.54M | 1.39M |
| Operating Income (Loss) | 80.25M | 42.56M | 40.43M | 35.32M | 50.91M | 49.09M |
| Income Tax Expense (Benefit) | -15.47M | -6.74M | -4.28M | -5.47M | -3.79M | -11.77M |
| Net Income (Loss) Attributable to Parent | 44.07M | 31.35M | 24.14M | 28.05M | 40.36M | 40.82M |
| Earnings Per Share, Basic | $0.72 | $0.51 | $0.40 | $0.46 | $0.67 | $0.68 |
| Weighted Average Number of Shares Outstanding, Basic | 60.96M | 60.70M | 60.75M | 60.69M | 60.56M | 60.45M |
| Earnings Per Share, Diluted | $0.71 | $0.51 | $0.39 | $0.46 | $0.66 | $0.67 |
| Weighted Average Number of Shares Outstanding, Diluted | 61.98M | 61.36M | 61.25M | 61.02M | 60.84M | 60.79M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 654.64M | 147.45M | 79.56M | 88.49M | 112.70M | 94.39M |
| Assets, Current | 1.08B | 597.77M | 504.71M | 508.91M | 600.85M | 547.12M |
| Assets | 6.77B | 6.25B | 6.09B | 6.02B | 5.84B | 5.67B |
| Long-term Debt | — | 2.66B | — | — | — | 2.34B |
| Liabilities, Current | 1.01B | 738.39M | 654.84M | 730.68M | 619.22M | 598.08M |
| Liabilities | 4.05B | 3.56B | 3.44B | 3.39B | 3.24B | 3.11B |
| Stockholders' Equity Attributable to Parent | 2.57B | 2.54B | 2.51B | 2.49B | 2.46B | 2.43B |
| Common Stock, Shares, Outstanding | 61.45M | 60.85M | 60.78M | 60.72M | 60.66M | 60.50M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 78.58M | 105.04M | 230.06M | 184.91M | 88.01M | 158.62M |
| Payments to Acquire Property, Plant, and Equipment | 113.79M | 145.08M | 474.69M | 327.43M | 192.60M | 127.74M |
| Net Cash Provided by (Used in) Investing Activities | -124.49M | -146.64M | -579.80M | -432.43M | -207.95M | -135.14M |
| Payments for Repurchase of Common Stock | 24.39M | — | — | — | 0 | — |
| Net Cash Provided by (Used in) Financing Activities | 528.65M | 116.67M | 349.08M | 246.93M | 138.85M | 5.89M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (ORA CIK 0001296445),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.