See more : Yida China Holdings Limited (3639.HK) Income Statement Analysis – Financial Results
Complete financial analysis of Ormat Technologies, Inc. (ORA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Ormat Technologies, Inc., a leading company in the Renewable Utilities industry within the Utilities sector.
You may be interested
- Advantage Risk Management Co., Ltd. (8769.T) Income Statement Analysis – Financial Results
- Evolve Transition Infrastructure LP (SNMP) Income Statement Analysis – Financial Results
- BSL Limited (BSL.NS) Income Statement Analysis – Financial Results
- Lancashire Holdings Limited (LCSHF) Income Statement Analysis – Financial Results
- RenuEn Corporation (RENU) Income Statement Analysis – Financial Results
Ormat Technologies, Inc. (ORA)
About Ormat Technologies, Inc.
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 829.42M | 734.16M | 663.08M | 705.34M | 746.04M | 719.27M | 692.81M | 662.59M | 594.64M | 559.52M | 533.24M | 514.41M | 437.01M | 373.23M | 415.24M | 344.83M | 295.92M | 268.94M | 237.99M | 219.23M | 119.44M | 85.63M | 47.92M |
| Cost of Revenue | 565.41M | 465.34M | 398.75M | 429.07M | 476.72M | 448.83M | 424.36M | 391.80M | 376.37M | 355.77M | 373.42M | 379.98M | 320.11M | 295.60M | 292.61M | 242.81M | 216.73M | 175.57M | 148.85M | 136.08M | 76.22M | 50.78M | 29.99M |
| Gross Profit | 264.02M | 268.82M | 264.34M | 276.28M | 269.32M | 270.44M | 268.45M | 270.80M | 218.28M | 203.75M | 159.82M | 134.43M | 116.90M | 77.63M | 122.64M | 102.03M | 79.19M | 93.37M | 89.14M | 83.15M | 43.22M | 34.85M | 17.93M |
| Gross Profit Ratio | 31.83% | 36.62% | 39.86% | 39.17% | 36.10% | 37.60% | 38.75% | 40.87% | 36.71% | 36.42% | 29.97% | 26.13% | 26.75% | 20.80% | 29.53% | 29.59% | 26.76% | 34.72% | 37.46% | 37.93% | 36.19% | 40.70% | 37.41% |
| Research & Development | 7.22M | 5.08M | 4.13M | 5.40M | 4.65M | 4.18M | 3.16M | 2.76M | 1.78M | 783.00K | 4.97M | 6.11M | 8.80M | 10.12M | 10.50M | 4.60M | 3.66M | 2.98M | 3.04M | 2.18M | 1.39M | 1.50M | 1.73M |
| General & Administrative | 68.18M | 61.27M | 75.90M | 60.23M | 55.83M | 47.75M | 42.88M | 46.71M | 34.78M | 28.61M | 29.19M | 28.27M | 27.89M | 27.44M | 26.41M | 36.82M | 32.06M | 28.46M | 22.20M | 19.38M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 18.31M | 16.19M | 15.20M | 17.38M | 15.05M | 19.80M | 15.60M | 16.42M | 16.08M | 15.43M | 24.61M | 16.12M | 16.21M | 13.45M | 14.58M | 10.89M | 10.65M | 10.36M | 7.88M | 7.77M | 0.00 | 0.00 | 0.00 |
| SG&A | 86.49M | 77.47M | 91.10M | 77.61M | 70.88M | 67.55M | 58.48M | 63.13M | 50.86M | 44.04M | 53.80M | 44.39M | 44.09M | 40.89M | 41.00M | 36.82M | 32.06M | 28.46M | 22.20M | 19.38M | 16.34M | 13.12M | 0.00 |
| Other Expenses | 0.00 | 33.18M | 29.45M | 27.14M | 21.75M | 26.78M | 16.21M | 11.16M | 23.44M | 24.90M | 21.54M | 10.72M | 0.00 | 0.00 | 0.00 | -4.20M | -2.02M | 0.00 | 0.00 | -146.00K | 16.34M | 13.12M | 0.00 |
| Operating Expenses | 97.43M | 82.55M | 95.23M | 83.01M | 75.53M | 71.74M | 61.64M | 65.90M | 52.64M | 44.82M | 58.77M | 50.50M | 52.89M | 51.01M | 51.50M | 37.22M | 33.70M | 31.44M | 25.23M | 21.41M | 17.73M | 14.63M | 1.73M |
| Cost & Expenses | 662.84M | 547.88M | 493.98M | 512.07M | 552.25M | 520.57M | 486.00M | 457.69M | 429.00M | 400.60M | 432.19M | 430.48M | 373.00M | 346.61M | 344.10M | 280.03M | 250.44M | 207.01M | 174.08M | 157.49M | 93.95M | 65.40M | 31.72M |
| Interest Income | 11.98M | 3.42M | 2.12M | 1.72M | 1.52M | 974.00K | 988.00K | 971.00K | 297.00K | 312.00K | 1.33M | 1.20M | 1.43M | 343.00K | 639.00K | 3.12M | 6.57M | 6.56M | 4.31M | 0.00 | 542.00K | 0.00 | 0.00 |
| Interest Expense | 98.88M | 87.74M | 82.66M | 77.95M | 80.38M | 70.92M | 54.14M | 67.39M | 72.58M | 84.65M | 73.78M | 64.07M | 69.46M | 40.47M | 16.24M | 14.95M | 0.00 | 30.96M | 55.32M | 0.00 | 8.06M | 0.00 | 0.00 |
| Depreciation & Amortization | 230.96M | 204.05M | 178.68M | 151.13M | 142.71M | 128.07M | 107.57M | 107.63M | 107.21M | 100.80M | 92.93M | 102.34M | 96.40M | 86.76M | 61.69M | 57.44M | 47.80M | 40.75M | 34.58M | 37.11M | 16.62M | 14.48M | 11.98M |
| EBITDA | 468.93M | 387.40M | 364.89M | 397.80M | 193.80M | 336.18M | 332.45M | 306.65M | 272.47M | 143.49M | 217.84M | -43.63M | 174.22M | 159.27M | 71.78M | 122.07M | 99.14M | 112.89M | 87.70M | 100.83M | 41.96M | 35.03M | 16.20M |
| EBITDA Ratio | 56.54% | 30.36% | 30.26% | 31.49% | 29.10% | 31.48% | 32.33% | 32.75% | 31.85% | 32.91% | 23.24% | 18.63% | 14.97% | 17.12% | 17.29% | 39.90% | 33.04% | 38.18% | 41.35% | 44.40% | 35.13% | 39.51% | 33.80% |
| Operating Income | 166.59M | 24.08M | 17.71M | 65.51M | 68.30M | 185.11M | 205.02M | 201.88M | 164.06M | 143.49M | 96.96M | -155.09M | 64.01M | 23.57M | 68.77M | 60.61M | 43.46M | 61.93M | 63.91M | 62.44M | 25.49M | 20.23M | 4.22M |
| Operating Income Ratio | 20.08% | 3.28% | 2.67% | 9.29% | 9.16% | 25.74% | 29.59% | 30.47% | 27.59% | 25.65% | 18.18% | -30.15% | 14.65% | 6.31% | 16.56% | 17.58% | 14.69% | 23.03% | 26.85% | 28.48% | 21.34% | 23.62% | 8.80% |
| Total Other Income/Expenses | -27.50M | -57.19M | -65.81M | -45.30M | -56.49M | -47.93M | -34.29M | -60.79M | -50.46M | -57.65M | -45.82M | -56.72M | -57.24M | 7.21M | 14.57M | -11.51M | -22.89M | -24.41M | -50.94M | -41.50M | -7.33M | -4.70M | -2.24M |
| Income Before Tax | 139.09M | 95.61M | 103.55M | 168.72M | 137.30M | 137.18M | 170.73M | 141.09M | 113.60M | 85.84M | 51.14M | -206.99M | 6.77M | 30.78M | 83.34M | 44.90M | 20.57M | 37.52M | 12.97M | 20.94M | 18.17M | 14.65M | 1.98M |
| Income Before Tax Ratio | 16.77% | 13.02% | 15.62% | 23.92% | 18.40% | 19.07% | 24.64% | 21.29% | 19.10% | 15.34% | 9.59% | -40.24% | 1.55% | 8.25% | 20.07% | 13.02% | 6.95% | 13.95% | 5.45% | 9.55% | 15.21% | 17.11% | 4.13% |
| Income Tax Expense | 5.98M | 14.74M | 24.85M | 67.00M | 45.61M | 34.73M | -1.41M | 31.84M | -15.26M | 27.61M | 13.55M | -2.86M | 48.54M | -1.10M | 16.92M | 7.96M | 1.82M | 6.40M | 4.69M | 6.61M | 2.51M | 6.14M | 3.07M |
| Net Income | 124.40M | 65.84M | 62.09M | 85.46M | 88.10M | 97.97M | 170.73M | 93.93M | 119.57M | 54.18M | 41.24M | -207.07M | -43.06M | 37.32M | 68.85M | 49.83M | 27.38M | 34.45M | 15.18M | 17.79M | 15.45M | -1.04M | -6.41M |
| Net Income Ratio | 15.00% | 8.97% | 9.36% | 12.12% | 11.81% | 13.62% | 24.64% | 14.18% | 20.11% | 9.68% | 7.73% | -40.25% | -9.85% | 10.00% | 16.58% | 14.45% | 9.25% | 12.81% | 6.38% | 8.12% | 12.94% | -1.22% | -13.38% |
| EPS | 2.09 | 1.17 | 1.11 | 1.66 | 1.73 | 1.93 | 2.64 | 1.79 | 2.48 | 1.19 | 0.91 | -4.56 | -0.95 | 0.82 | 1.52 | 0.99 | 0.71 | 1.00 | 0.48 | 0.72 | 0.66 | -0.05 | -0.21 |
| EPS Diluted | 2.08 | 1.17 | 1.10 | 1.65 | 1.72 | 1.92 | 2.61 | 1.77 | 2.45 | 1.18 | 0.91 | -4.56 | -0.95 | 0.82 | 1.51 | 0.98 | 0.70 | 0.99 | 0.48 | 0.72 | 0.66 | -0.05 | -0.21 |
| Weighted Avg Shares Out | 59.42M | 56.06M | 56.00M | 51.57M | 50.87M | 50.64M | 50.11M | 49.47M | 48.56M | 45.51M | 45.44M | 45.40M | 45.43M | 45.43M | 45.39M | 44.18M | 38.76M | 34.59M | 31.56M | 24.81M | 23.21M | 23.21M | 30.77M |
| Weighted Avg Shares Out (Dil) | 59.76M | 56.50M | 56.40M | 51.94M | 51.23M | 50.97M | 50.77M | 50.14M | 49.19M | 45.86M | 45.48M | 45.43M | 45.43M | 45.45M | 45.53M | 44.30M | 38.88M | 34.71M | 31.61M | 30.79M | 23.21M | 23.21M | 30.77M |
Ormat Technologies Reports First Quarter 2024 Financial Results
Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments
Ormat Technologies (ORA) Reports Next Week: Wall Street Expects Earnings Growth
Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WKC vs. ORA: Which Stock Is the Better Value Option?
Investors interested in stocks from the Alternative Energy - Other sector have probably already heard of World Kinect (WKC) and Ormat Technologies (ORA). But which of these two companies is the best option for those looking for undervalued stocks?
7 Alternative Energy Stocks to Buy on the Fossil Fuel Fallout
Amid escalating geopolitical flashpoints, a clear lesson is emerging for western economies, which may lead to a renaissance for alternative energy stocks. The world continues to run on hydrocarbons and that might not change in the foreseeable future.
CRGY vs. ORA: Which Stock Is the Better Value Option?
Investors with an interest in Alternative Energy - Other stocks have likely encountered both Crescent Energy (CRGY) and Ormat Technologies (ORA). But which of these two stocks presents investors with the better value opportunity right now?
Hot Stocks: The 3 Best Opportunities for Investing in Renewable Energy
Renewable energy stocks may be a controversial idea for some folks. After all, the concept of green solutions sometimes conjures up images of tree-hugging activists disrupting various commercial activities.
Ormat Technologies: An Expensive Vertically Integrated Gem
Ormat Technologies is a leading global company in geothermal power generation with an installed capacity of 1215 MW. The company's business is structured around three segments: Electricity, Product, and Energy Storage. Ormat's financial performance improved in FY23, with revenues increasing...
Get Your Green With These 3 Renewable Energy Stock Picks
The bullish case for renewable energy stocks arguably comes down to one central theme: rising relevance. For years, scientists and former Vice President Al Gore have been warning Americans and the global community about climate change.
Ormat (ORA) Q4 Earnings Top Estimates, Revenues Rise Y/Y
Ormat (ORA) Q4 revenues of $241.3 million surpass the Zacks Consensus Estimate. Moreover, the top line rises 17.4% year over year.
Ormat Technologies (ORA) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for Ormat Technologies (ORA) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Source: https://incomestatements.info
Category: Stock Reports