Ormat Technologies Inc ORA Stock Analysis
- NYSE
- Stock
- Market open · no trades yet today
$92.97 down $1.31, 1.39% at close Nov 5
Last close · Previous close $94.28
- Market cap
- At the Nov 5 close
- P/E ratio
- 45.57On last 12 months’ EPS
- Diluted EPS
- $2.04Last 12 months
- Dividend yield
- 0.52%Last 12 months
Price chart
$92.97down $1.31, 1.39%Thu, Nov 5 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$94.28Nov 4
- Volume1.41MNov 4 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume931.15KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $85.77 to $146.39; now $92.97
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 5 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
ORA beat the S&P 500 in 1 of 7 periods.
| Period | ORA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ORA: up 1.8% S&P 500: down 5.4% | ORA beat the S&P 500 by 7.2 percentage points Beat |
| 3M | ORA: down 5.0% S&P 500: down 4.5% | ORA trailed the S&P 500 by 0.5 percentage points Trailed |
| YTD | ORA: down 15.6% S&P 500: up 8.3% | ORA trailed the S&P 500 by 23.9 percentage points Trailed |
| 1Y | ORA: down 18.0% S&P 500: up 9.3% | ORA trailed the S&P 500 by 27.3 percentage points Trailed |
| Long term | ||
| 3Y | ORA: up 44.3% S&P 500: up 74.8% +13.0% vs +20.5% a year | ORA trailed the S&P 500 by 30.5 percentage points Trailed |
| 5Y | ORA: up 27.1% S&P 500: up 67.3% +4.9% vs +10.8% a year | ORA trailed the S&P 500 by 40.2 percentage points Trailed |
| 10Y | ORA: up 109.7% S&P 500: up 311.8% +7.7% vs +15.2% a year | ORA trailed the S&P 500 by 202.1 percentage points Trailed |
$10,000 invested in ORA 10 years ago (Nov 4, 2016) would be worth about $20,975 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $41,184.
ORA beat the S&P 500 in 1 of 7 periods.
| Period | ORA and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | ORA: up 1.8% S&P 500: down 5.4% | ORA beat the S&P 500 by 7.2 percentage points Beat |
| 3M | ORA: down 5.2% S&P 500: down 4.8% | ORA trailed the S&P 500 by 0.4 percentage points Trailed |
| YTD | ORA: down 15.8% S&P 500: up 7.5% | ORA trailed the S&P 500 by 23.3 percentage points Trailed |
| 1Y | ORA: down 18.4% S&P 500: up 8.2% | ORA trailed the S&P 500 by 26.6 percentage points Trailed |
| Long term | ||
| 3Y | ORA: up 41.8% S&P 500: up 68.6% +12.3% vs +19.0% a year | ORA trailed the S&P 500 by 26.8 percentage points Trailed |
| 5Y | ORA: up 23.5% S&P 500: up 56.4% +4.3% vs +9.4% a year | ORA trailed the S&P 500 by 32.9 percentage points Trailed |
| 10Y | ORA: up 95.9% S&P 500: up 251.5% +7.0% vs +13.4% a year | ORA trailed the S&P 500 by 155.6 percentage points Trailed |
$10,000 invested in ORA 10 years ago (Nov 4, 2016) would be worth about $19,585 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $35,147.
All-time high
$145.10
Closing high on . Now 35.9% below that record.
Split-adjusted daily closes since Nov 11, 2004.
Stock splits
ORA hasn’t split since its price history begins in 2004.
Valuation
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $1.19Bup 31.1%
- Net income
- $126.64Mdown 3.6%
- Diluted EPS
- $2.04down 5.1%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY24 (Sep 30, 2024) | $211.78M | $22.08M | $0.36 |
| Q4 FY24 (Dec 31, 2024) | $230.74M | $40.82M | $0.67 |
| Q1 FY25 (Mar 31, 2025) | $229.76M | $40.36M | $0.66 |
| Q2 FY25 (Jun 30, 2025) | $234.02M | $28.05M | $0.46 |
| Q3 FY25 (Sep 30, 2025) | $249.73M | $24.14M | $0.39 |
| Q4 FY25 (Dec 31, 2025) | $276.04M | $31.35M | $0.51 |
| Q1 FY26 (Mar 31, 2026) | $403.91M | $44.07M | $0.71 |
| Q2 FY26 (Jun 30, 2026) | $258.76M | $27.09M | $0.43 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $663.08M | $62.09M | $1.10 |
| FY22 (Dec 31, 2022) | $734.16M | $65.84M | $1.17 |
| FY23 (Dec 31, 2023) | $829.42M | $124.40M | $2.08 |
| FY24 (Dec 31, 2024) | $879.65M | $123.73M | $2.04 |
| FY25 (Dec 31, 2025) | $989.54M | $123.90M | $2.02 |
Margins
- Gross 27.9%
- Operating 16.6%
- Net 10.7%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$171.63MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$279.39MLast 12 months
- Capital spending$451.02MLast 12 months
- −14.4%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $24.40MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$29.23MLast 12 months
- Total returned$53.63MLast 12 months
Balance sheet
- $862.30MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$3.41BAs of Jun 30, 2026
- Net debt$2.55BAs of Jun 30, 2026
- 1.05As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 1.31As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 5 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✗Return on assets improved: not passed
- ✓Operating cash flow exceeded net income: passed
- ✗Long-term debt fell relative to assets: not passed
- ✓Current ratio improved: passed
- ✗Share count didn’t rise: not passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 5.0%Last 12 months
Over the last 12 months, Ormat Technologies’s net income was 5.0% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 2.0%Last 12 months
Over the last 12 months, Ormat Technologies’s net income was 2.0% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
Dividends
Cash dividends per share by ex-dividend year, adjusted for splits.
Dividends per share
Data table
| Year | Per share |
|---|---|
| 2016 | $0.52 |
| 2017 | $0.58 |
| 2018 | $0.53 |
| 2019 | $0.44 |
| 2020 | $0.44 |
| 2021 | $0.48 |
| 2022 | $0.48 |
| 2023 | $0.48 |
| 2024 | $0.48 |
| 2025 | $0.48 |
| 2026 (to date) | $0.36 |
Dividend details
- $0.48Per share, last 12 months
Cash dividends per share with ex-dividend dates in the last 12 months.
- Dividend yield0.52%Last 12 months
- $0.12Ex-dividend
The most recent payment per share. Shares bought on or after the ex-dividend date don’t receive it.
- FrequencyQuarterly4 payments in the last 12 months
- up 1.8% a yearFull years 2020–2025
The compound annual growth rate of the full-year dividend per share from 2020 to 2025.
- 23.5%Last 12 months
The share of earnings paid out as dividends over the last 12 months. Lower ratios leave more room to reinvest or raise the dividend.
Payout = Dividends per share ÷ Diluted EPS (both last 12 months)Payout ratio calculator
About Ormat Technologies Inc
With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with the objective of becoming a leading global provider of renewable energy. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. With 63 U.S. patents, Ormat’s power solutions have been refined and perfected under the most grueling environmental conditions. Ormat has 578 employees in the United States and 830 overseas. Ormat’s flexible, modular solutions for geothermal power and REG are ideal for vast range of resource characteristics. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed to utilities and developers worldwide, totaling over 3,000 MW of gross capacity. Ormat’s current 914 MW generating portfolio is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe. Ormat expanded its operations to provide energy storage and energy management solutions, by leveraging its core capabilities and global presence as well as through its Viridity Energy Solutions Inc. subsidiary.
- Sector
- Utilities
- Industry
- Utilities - Renewable
- Headquarters
- Nevada, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
ORA news
Explore more stocks
Prices are from the last refresh. Open any stock for its live dashboard.
Popular stocks
ORA stock FAQ
What is ORA stock’s price today?
Ormat Technologies (ORA) traded at $92.97 at the close on , down $1.31 (1.39%) from the previous close of $94.28. Over the past 52 weeks it has traded between $85.77 and $146.39.
If you invested $1,000 in ORA 10 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in ORA on would be worth about $2,097 at the close on , a total return of +109.7%. The same $1,000 would be worth $1,271 if invested five years ago, $820 if invested one year ago, and $2,845 if invested 20 years ago. Past performance doesn’t predict future returns.
What is ORA’s P/E ratio?
ORA trades at 45.6 times its diluted earnings over the four quarters to ($2.04 per share), at the close. (How the P/E ratio works.)
How much revenue does Ormat Technologies make?
Ormat Technologies reported $1.2 billion of revenue over the four quarters to , up 31.1% from the twelve months before. In its latest quarter (Q2 FY26, ended ) revenue was $258.8 million, up 10.6% from a year earlier.
Is Ormat Technologies profitable?
Yes. Ormat Technologies earned $126.6 million of net income over the four quarters to , a net margin of 10.7%, and its operating margin was 16.6% (what margins tell you).
What are ORA’s earnings per share?
ORA’s diluted earnings per share were $2.04 over the four quarters to , compared with $2.15 in the twelve months before. The latest quarter (Q2 FY26) brought $0.43 per share, against $0.46 a year earlier (how EPS works).
Does ORA pay a dividend?
Yes. Ormat Technologies pays a quarterly dividend. The most recent was $0.12 per share, with an ex-dividend date of . Over the last twelve months it paid $0.48 per share, a 0.52% yield at the close (how dividend yield works).
Based on the last 12 months’ payments ($0.48 per share), and if the next 12 months match the last 12, 100 shares would receive about $48 over 12 months, and $1,000 over 12 months would take about 2,084 shares, roughly $193,749 at the close. Dividends can change.
What is ORA’s 52-week high and low?
Over the past 52 weeks ORA has traded as low as $85.77 and as high as $146.39. At $92.97 at the close on , it is 36.5% below that high and 8.4% above the low.
What is ORA’s all-time high?
ORA’s highest closing price was $145.10 on , adjusted for stock splits. At $92.97 at the close on , it is 35.9% below that record.
Has ORA stock ever split?
No. ORA hasn’t split since its price history begins in 2004.
How has ORA stock performed?
Including dividends and measured to the close on , ORA has returned −15.6% so far this year and −18.0% over the past year, and +27.1% over five years (+4.9% a year). Over the same periods the S&P 500, measured by SPY, returned +8.3%, +9.3% and +67.3%. Past performance doesn’t predict future returns.
What sector and industry is Ormat Technologies in?
Ormat Technologies is in the Utilities sector and the Utilities - Renewable industry, and is headquartered in Nevada, USA.
What exchange does ORA trade on?
Ormat Technologies trades on the NYSE under the ticker symbol ORA. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
The Interactive Brokers word and logo are trademarks of Interactive Brokers LLC (or its subsidiaries) in the US and/or elsewhere. All rights reserved.