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) Operating margin

Alert me on Operating margin

Ormat Technologies, Inc.'s operating margin over the twelve months to 30 September 2026 was 16.7%, down 0.4 percentage points from fiscal 2025 (17.1%). Over the past ten years it has ranged from 17.1% (fiscal 2025) to 30.5% (fiscal 2016) — the current reading is the lowest in ten years. That is above the Utilities Renewable industry median of 0.00% and below the Utilities sector median of 18.7%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 17.1% (2.51)
FY2024 19.6% (0.47)
FY2023 20.1% (0.73)
FY2022 20.8% (4.73)
FY2021 25.5% (4.80)
FY2020 30.3% 4.36
FY2019 26.0% 0.24
FY2018 25.7% (3.85)
FY2017 29.6% (0.88)
FY2016 30.5% 2.88

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 16.5% 3.23
Jun 2026 13.2% (6.65)
Mar 2026 19.9% 4.45
Dec 2025 15.4% (0.77)
43 more quarters

Against its own ten years

Low 17.1% High 30.5%
Ten-year median 25.7%
Current reading's percentile 5

Operating margin against peers

Company Operating margin
RNW ReNew Energy Global PLC compare 59.0%
ENLT Enlight Renewable Energy Ltd. compare 49.4%
BEP Brookfield Renewable Partners L.P. compare 29.7%
BEPC Brookfield Renewable Corporation compare 27.1%
ENIC Enel Chile S.A. compare 23.0%
ORA Ormat Technologies, Inc. 16.7%
CWEN Clearway Energy, Inc. compare 13.4%
MWH SOLV Energy Inc. compare 5.05%
FRVO Fervo Energy Company compare 0.00%
Utilities Renewable industry median 0.00%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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