profit from every $100 of sales.
$0$100
Ormat Technologies
$90.45+0.00% today
-16.2% in 1 year
1-year low $86.641-year high $145.10
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $44.90 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Ormat Technologies sold, what it kept, and what it did with the cash.
Sales went from $734 million in 2022 to $990 million in 2025, with $124 million of profit last year.
SalesProfit
Ormat Technologies vs. similar companies
Ormat Technologies grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Ormat Technologies | 44.9× · Expensive | ||
 China Yangtze Power | 21.2× · Fair price | ||
 Huaneng Lancang River Hydropower | 24.0× · Fair price | ||
 Verbund | 17.2× · Fair price | ||
 Huadian New Energy Group | 22.9× · Fair price |
AI analysis
An AI analyst reads Ormat Technologies's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 705 | 663 | 734 | 829 | 880 | 990 | |
| 276 | 264 | 269 | 264 | 273 | 273 | |
| – | – | 186 | 170 | 178 | 183 | |
| 403 | 369 | 382 | 463 | 512 | 540 | |
| 85 | 62 | 66 | 124 | 124 | 124 | |
| 1.65 | 1.10 | 1.17 | 2.08 | 2.04 | 2.02 | |
| 39.2% | 39.9% | 36.6% | 31.8% | 31.0% | 27.6% | |
| – | – | 25.4% | 20.5% | 20.2% | 18.5% | |
| 12.1% | 9.4% | 9.0% | 15.0% | 14.1% | 12.5% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 3,889 | 4,426 | 4,612 | 5,208 | 5,666 | 6,247 |
| Cash | 448 | 239 | 96 | 196 | 94 | 147 |
| Total debt | 1,474 | 1,926 | 2,053 | 2,115 | 2,452 | 2,761 |
| Total liabilities | 1,938 | 2,418 | 2,581 | 2,757 | 3,106 | 3,555 |
| 1,806 | 1,855 | 1,868 | 2,315 | 2,425 | 2,544 | |
| 52 | 56 | 57 | 60 | 61 | 61 | |
| 5.9% | 3.9% | 3.7% | 4.2% | 4.0% | 3.7% | |
| 4.7% | 3.3% | 3.5% | 5.4% | 5.1% | 4.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 265 | 259 | 281 | 309 | 411 | 335 | |
| 321 | 419 | 563 | 618 | 488 | 620 | |
| -56 | -160 | -283 | -309 | -77 | -285 | |
| Dividends paid | 23 | 27 | 27 | 28 | 29 | 29 |
| 0 | 0 | 18 | 0 | 0 | – | |
| 10 | 9 | 12 | 15 | 20 | 19 |
Valuation
- 44.9×
- 39.6×
- 10.87
- 2.3×
- 5.6×
- –
- 15.1×
- -5.1%
- 2.2%
- 0.4%
Profitability
- 27.6%
- 18.5%
- 12.5%
- 49.2%
- 3.7%
- 4.0%
- 5.0%
- 1.9%
- 3.1%
- 0.4%
Growth
- +7.0%
- +4.1%
- −270.9%
- +1.8%
- +2.8%
Financial health
- 5.0×
- 1.12
- 50.4%
- 1.7×
- 0.81
- 1.02
- 0.17
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 21%of 397
Bottom 48%of 392
Bottom 12%of 364
Top 37%of 397
Bottom 24%of 397
What analysts expect
- Average price target
- $132.00
- Range
- $108.00 – $143.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 1.30 | 0.92 | +41.3% |
| Feb 25, 2026 | 0.67 | 0.67 | +0.0% |
| Nov 3, 2025 | 0.41 | 0.37 | +10.8% |
| Aug 6, 2025 | 0.48 | 0.37 | +29.7% |
| May 7, 2025 | 0.68 | 0.58 | +17.2% |
| Feb 26, 2025 | 0.72 | 0.47 | +53.2% |
| Nov 6, 2024 | 0.42 | 0.31 | +35.5% |
| Aug 6, 2024 | 0.40 | 0.36 | +11.1% |
0.4%of the share price, paid each year
On $1,000 invested$4a year at today's yield, before tax
+1.8%2020 to 2025
Raised–not every year
Paid per share, each year
$0.26 in 2015 → $0.48 in 2025
How safe it looks
23.5% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
23No pass
Benjamin Graham
35No pass
Philip Fisher
22No pass
Peter Lynch
22No pass
Joel Greenblatt
3No pass
Charlie Munger
13No pass
Terry Smith
10No pass
Questions about Ormat Technologies
Is Ormat Technologies a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Ormat Technologies AI analysis
What does Ormat Technologies do?
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It is in Utilities - Renewable, based in Reno, NV, United States, with 1,648 employees.
Does Ormat Technologies pay a dividend?
Yes. At today's price the dividend is 0.4% a year, about 23% of its yearly profit. In 2025 it paid out $29.1 million in dividends.
Is Ormat Technologies stock halal?
No. Ormat Technologies does not pass our halal screen: its debt is 50% of its market value, at or above the 33% limit. How we check
How has Ormat Technologies stock done over the past year?
Down 16.2% over the past twelve months, to $90.45. It traded between $86.64 and $145.10 and is 37.7% below its high.
Who are Ormat Technologies's competitors?
The largest listed companies in the same industry are China Yangtze Power, Huaneng Lancang River Hydropower, Verbund and Huadian New Energy Group. The peers table on this page compares their profit, growth and price with Ormat Technologies's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.