Ormat Technologies Inc. | Mid-cap | Utilities
$85.40
0.06%
| Ormat Technologies Stock Comparison:
Ormat Technologies vs GE VernovaOrmat Technologies vs Constellation EnergyOrmat Technologies vs Clearway EnergyOrmat Technologies vs Clearway EnergyOrmat Technologies vs Brookfield RenewableOrmat Technologies vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 879.7M
Gross Profit 272.6M 30.99%
Operating Income 177.7M 20.20%
Net Income 131.2M 14.92%
EPS (Diluted) $2.04

Balance Sheet Metrics

Total Assets 5.7B
Total Liabilities 3.1B
Shareholders Equity 2.6B
Debt to Equity 1.21

Cash Flow Metrics

Operating Cash Flow 402.9M
Free Cash Flow -76.8M

Revenue & Profitability Trend

Ormat Technologies Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 879.7M 829.4M 734.2M 663.1M 705.3M
Cost of Goods Sold 607.0M 565.4M 465.3M 398.7M 429.1M
Gross Profit 272.6M 264.0M 268.8M 264.3M 276.3M
Operating Expenses 94.9M 93.7M 82.5M 95.2M 83.0M
Operating Income 177.7M 170.3M 186.3M 169.1M 193.3M
Pre-tax Income 115.4M 139.1M 95.6M 103.6M 168.7M
Income Tax -16.3M 6.0M 14.7M 24.8M 67.0M
Net Income 131.2M 133.1M 77.8M 76.1M 101.8M
EPS (Diluted) $2.04 $2.08 $1.17 $1.10 $1.65

Income Statement Trend

Ormat Technologies Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 547.1M 646.0M 456.7M 601.9M 779.2M
Non-Current Assets 5.1B 4.6B 4.2B 3.8B 3.1B
Total Assets 5.7B 5.2B 4.6B 4.4B 3.9B
Liabilities
Current Liabilities 598.1M 537.0M 343.9M 544.2M 248.6M
Non-Current Liabilities 2.5B 2.2B 2.2B 1.9B 1.7B
Total Liabilities 3.1B 2.8B 2.6B 2.4B 1.9B
Equity
Total Shareholders Equity 2.6B 2.5B 2.0B 2.0B 2.0B

Balance Sheet Composition

Ormat Technologies Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 131.2M 133.1M 77.8M 76.1M 101.8M
Operating Cash Flow 402.9M 250.3M 235.4M 302.0M 276.1M
Investing Activities
Capital Expenditures - - - - -
Investing Cash Flow -292.6M -10.0M 40.1M -218.9M -65.2M
Financing Activities
Dividends Paid -29.1M -28.4M -27.1M -27.0M -22.5M
Financing Cash Flow 82.4M 344.6M -92.9M 186.4M -836.5M
Free Cash Flow -76.8M -309.0M -282.5M -160.4M -55.7M

Cash Flow Trend

Ormat Technologies Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 34.72
Forward P/E 31.79
Price to Book 1.76
Price to Sales 4.90
PEG Ratio 31.79

Profitability Ratios

Profit Margin 14.18%
Operating Margin 20.80%
Return on Equity 5.19%
Return on Assets 1.81%

Financial Health

Current Ratio 0.97
Debt to Equity 99.89
Beta 0.64

Per Share Data

EPS (TTM) $2.06
Book Value per Share $40.57
Revenue per Share $14.63

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
ora 4.3B 34.72 1.76 5.19% 14.18% 99.89
GE Vernova 132.9B 69.97 15.44 19.64% 5.42% 10.47
Constellation Energy 95.6B 32.16 7.38 23.97% 12.33% 62.68
Clearway Energy 6.3B 39.61 1.92 -2.31% 6.69% 151.68
Clearway Energy 6.3B 37.33 1.81 -2.31% 6.69% 151.68
Brookfield Renewable 5.7B 21.55 7.42 -0.44% -6.37% 113.63

Financial data is updated regularly. All figures are in the company's reporting currency.