To the full analysis
Ormat Technologies stock: growth
ORAOrmat Technologies reported $989.54M in revenue for fiscal 2025, up 12.5% on the prior year, up 7% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
7.1%
per year from 2006 to 2025, per share 4%
Earnings (Annual rate)
7%
per year from 2006 to 2025, per share 3.8%
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 7.0% | 5.2% | 7.1% |
| Revenue per share | 3.6% | 2.9% | 4.0% |
| Earnings | 7.7% | 0.4% | 7.0% |
| Earnings per share | 4.2% | −1.9% | 3.8% |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $268.94M | $34.45M | −$86.46M |
| 2007 | $295.92M | $27.38M | −$158.78M |
| 2008 | $344.83M | $49.83M | −$299.66M |
| 2009 | $415.24M | $68.85M | −$159.85M |
| 2010 | $373.23M | $37.32M | −$183.38M |
| 2011 | $437.01M | −$43.06M | −$138.73M |
| 2012 | $514.41M | −$207.07M | −$143.55M |
| 2013 | $533.24M | $41.24M | −$117.87M |
| 2014 | $559.52M | $54.18M | $62.08M |
| 2015 | $594.64M | $119.57M | $37.08M |
| 2016 | $662.59M | $93.93M | $7.36M |
| 2017 | $692.81M | $170.73M | −$14.53M |
| 2018 | $719.27M | $97.97M | −$112.7M |
| 2019 | $746.04M | $88.1M | −$43.49M |
| 2020 | $705.34M | $85.46M | −$55.73M |
| 2021 | $663.08M | $62.09M | −$160.45M |
| 2022 | $734.16M | $65.84M | −$282.5M |
| 2023 | $829.42M | $124.4M | −$308.98M |
| 2024 | $879.65M | $123.73M | −$76.76M |
| 2025 | $989.54M | $123.9M | −$284.68M |
Revenue by segment
How Ormat Technologies, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Electricity70%
- Product22%
- Other8%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Electricity | $509.88M | $540.33M | $541.39M | $585.77M | $631.73M | $666.77M | $702.26M | $693.9M | 70.1% |
| Product | $201.74M | $191.01M | $148.13M | $46.92M | $71.41M | $133.76M | $139.66M | $216.69M | 21.9% |
| Other | $7.65M | $14.7M | $15.82M | $30.39M | $31.02M | $28.89M | $37.73M | $78.96M | 8% |
| Total revenue | $719.27M | $746.04M | $705.34M | $663.08M | $734.16M | $829.42M | $879.65M | $989.54M | 100% |
Revenue by region
Where Ormat Technologies, Inc. generates its revenue.
- United States60%
- New Zealand13%
- Kenya12%
- Honduras3%
- Guatemala3%
- Other10%
“Other” combines smaller regions with revenue the company does not assign to a region.
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| United States | $440.11M | $484.06M | $509.83M | $557.34M | $590.29M | 59.7% |
| New Zealand | $6.77M | $17.13M | $66.53M | $78.67M | $128.82M | 13% |
| Kenya | $102.84M | $105.84M | $109.22M | $114.07M | $117.42M | 11.9% |
| Honduras | $35.23M | $33.84M | $31.59M | $30.3M | $28.66M | 2.9% |
| Guatemala | $26.87M | $28.83M | $30.17M | $28.96M | $28.01M | 2.8% |
| Other | $51.26M | $64.47M | $82.09M | $70.32M | $96.34M | 9.7% |
| Total revenue | $663.08M | $734.16M | $829.42M | $879.65M | $989.54M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 19 Jun 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.