Ormat Technologies, Inc.

ORA Utilities Utilities Renewable

Ormat Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $989.5 million, up 12.5% from fiscal 2024.

Revenue
+10.2%
EPS
+30.0%
Free cash flow
+197.7%
Total debt
+32.3%

Quarter to September 2026, against a year earlier

93.25 1.03 −1.09%
Market cap
$5.7B
P/E
42.4×
Fwd P/E
42.6×
Dividend yield
0.51%
F-score
4/9
Altman Z
1.55
Beneish M
−2.57
Dividend safety
41/100

Ormat Technologies, Inc. (ORA) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Ormat Technologies, Inc. (ORA) trades at a EV/EBITDA of 16.2×. Over the past ten years it has ranged from 8.5× (January 2016) to 22.6× (June 2026); the current reading is higher than 75% of that period. That is above the Utilities Renewable industry median of 10.2× and above the Utilities sector median of 12.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 19.4× 38.62%
FY2024 14.0× (10.20%)
FY2023 15.6× (13.42%)
FY2022 18.0× 10.97%
FY2021 16.2× 7.65%
FY2020 15.1× 4.78%
FY2019 14.4× 21.00%
FY2018 11.9× (7.07%)
FY2017 12.8× 18.31%
FY2016 10.8× 18.98%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 16.0× (12.18%)
Jun 2026 18.2× (1.91%)
Mar 2026 18.5× (4.48%)
Dec 2025 19.4× 9.65%
43 more quarters

Against its own ten years

Low 8.5× High 22.6×
Ten-year median 13.9×
Current reading's percentile 75

EV/EBITDA against peers

Company EV/EBITDA
ENIC Enel Chile S.A. compare 5.5×
BEPC Brookfield Renewable Corporation compare 6.2×
RNW ReNew Energy Global PLC compare 8.5×
BEP Brookfield Renewable Partners L.P. compare 9.2×
FRVO Fervo Energy Company compare 10.2×
CWEN Clearway Energy, Inc. compare 11.6×
MWH SOLV Energy Inc. compare 11.6×
ORA Ormat Technologies, Inc. 16.2×
ENLT Enlight Renewable Energy Ltd. compare 29.1×
Utilities Renewable industry median 10.2×
Utilities sector median 12.3×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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