Ormat/$ORA
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Ormat
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the Electricity Segment. where the company develops, builds, owns, and operates geothermal, solar PV, and recovered energy-based power plants in the United States and geothermal power plants in other countries and sells the electricity generated. Product Segment includes designing, manufacturing, and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement, and construction of geothermal & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
- Ticker
- $ORA
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 1,648
- Headquarters
- Reno, United States
- Website
- www.ormat.com
Ormat Metrics
BasicAdvanced
$5.5B
43.90
$2.04
0.90
$0.48
0.54%
Price and volume
Market cap
$5.5B
Beta
0.9
52-week high
$146.39
52-week low
$85.77
Average daily volume
812K
Dividend rate
$0.48
Financial strength
Current ratio
1.046
Quick ratio
0.791
Long term debt to equity
0.959
Total debt to equity
1.243
Dividend payout ratio (TTM)
23.08%
Interest coverage (TTM)
1.31%
Profitability
EBITDA (TTM)
518.158
Gross margin (TTM)
27.93%
Net profit margin (TTM)
10.66%
Operating margin (TTM)
17.21%
Effective tax rate (TTM)
-39.20%
Revenue per employee (TTM)
$720,000
Management effectiveness
Return on assets (TTM)
2.00%
Return on equity (TTM)
4.78%
Valuation
Price to earnings (TTM)
43.902
Price to revenue (TTM)
4.604
Price to book
2.12
Price to tangible book (TTM)
2.54
Price to free cash flow (TTM)
-20.666
Free cash flow yield (TTM)
-4.84%
Free cash flow per share (TTM)
-4.34
Dividend yield (TTM)
0.54%
Forward dividend yield
0.54%
Growth
Revenue change (TTM)
31.13%
Earnings per share change (TTM)
-5.42%
3-year revenue growth (CAGR)
16.00%
10-year revenue growth (CAGR)
6.30%
3-year earnings per share growth (CAGR)
9.76%
10-year earnings per share growth (CAGR)
-3.86%
10-year dividend per share growth (CAGR)
-0.60%
What the Analysts think about Ormat
Analyst ratings (Buy, Hold, Sell) for Ormat stock.
Analyst projections of the future price of Ormat stock.
Bulls say / Bears say
First-half revenue rose 42.9% and adjusted EBITDA increased 18.9% year on year. Ormat also raised its 2026 revenue and adjusted EBITDA guidance, signalling confidence in continued growth. (Ormat Technologies)
Ormat has 202 MW of electricity projects under construction or development, backed by long-term PPAs, plus 497 MW of storage projects in the pipeline. That gives the company a sizeable route to expand its operating base, with contracted generation supporting revenue visibility. (Ormat Technologies)
Renegotiated and extended power contracts are expected to add about $14 million in annual revenue as they take effect through 2030, with limited extra capital spending. Ormat also sees scope to reprice further contracts as they approach expiry. (Exa.ai)
Product gross margin fell to 9.7% in the second quarter from 27.7% a year earlier, reflecting higher European project costs and foreign-exchange effects. If margins do not recover as management expects, product earnings could remain under pressure. (Ormat Technologies)
Storage earnings benefited from unusually favourable PJM merchant pricing, but management expects the segment’s gross margin to fall from 56.2% in the second quarter to 30%–40% in the second half. That makes recent storage growth less certain to persist at the same level. (The Motley Fool)
Net debt was about $2.7 billion, or 4.3 times adjusted EBITDA, while Ormat planned $449 million of capital spending for the rest of 2026. That combination leaves the company reliant on continued cash generation and access to funding as it expands. (The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 29 Oct 2026.
Ormat Financial Performance
Revenues and expenses
Ormat Earnings Performance
Company profitability
Upcoming events
No upcoming events
Ormat News
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Funds containing Ormat
AllUSDEURGBP
Fund name | Fund size | $ORA weighting |
|---|---|---|
iShares Global Clean Energy€IQQH | $3.1B | 3.09% |
iShares Global Clean Energy£INRG | $3.1B | 3.09% |
L&G Clean Energy$RENW | $749M | 1.56% |
L&G Clean Energy£RENG | $749M | 1.56% |
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.19% |
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