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Ormat Technologies, Inc.. (ORA) Stock Fundamental Analysis & AI Rating 2026

ORA NYSE Electric Services DE CIK: 0001296445
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
HOLD
70% Conf
Pending
Analysis scheduled

📊 ORA Key Takeaways

Revenue: $989.5M
Net Margin: 12.5%
Free Cash Flow: $-284.7M
Current Ratio: 0.81x
Debt/Equity: 1.05x
EPS: $2.02
AI Rating: HOLD with 70% confidence
Ormat Technologies, Inc.. (ORA) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $989.5M, net profit margin of 12.5%, and return on equity (ROE) of 4.9%, Ormat Technologies, Inc.. demonstrates mixed fundamentals in the Utilities sector. Below is our complete ORA stock analysis for 2026.

Is Ormat Technologies, Inc.. (ORA) a Good Investment?

Claude

Ormat demonstrates solid revenue growth of 12.5% YoY and strong operating cash flow, but margin compression (net income declined despite revenue gains) coupled with significantly negative free cash flow of -$284.7M raises concerns about capital efficiency. Weak liquidity ratios and elevated leverage create balance sheet stress that requires careful monitoring.

Why Buy Ormat Technologies, Inc.. Stock? ORA Key Strengths

Claude
  • + Strong revenue growth at 12.5% YoY in stable energy sector
  • + Healthy operating cash flow of $335.1M demonstrates core business strength
  • + Solid operating margin of 17.1% and adequate interest coverage ratio of 5.5x

ORA Stock Risks: Ormat Technologies, Inc.. Investment Risks

Claude
  • ! Significantly negative free cash flow of -$284.7M indicates capex exceeds internal cash generation; unsustainable without external financing
  • ! Net income declined 2.4% YoY despite 12.5% revenue growth, signaling margin compression and operational challenges
  • ! Weak liquidity position (current ratio 0.81x, quick ratio 0.75x) and elevated debt-to-equity of 1.05x create financial stress

Key Metrics to Watch

Claude
  • * Free cash flow trend and capital expenditure sustainability going forward
  • * Net margin recovery to historical levels to confirm profitability stabilization
  • * Current ratio and working capital management to assess near-term liquidity adequacy

Ormat Technologies, Inc.. (ORA) Financial Metrics & Key Ratios

Revenue
$989.5M
Net Income
$123.9M
EPS (Diluted)
$2.02
Free Cash Flow
$-284.7M
Total Assets
$6.2B
Cash Position
$147.4M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

ORA Profit Margin, ROE & Profitability Analysis

Gross Margin 27.6%
Operating Margin 17.1%
Net Margin 12.5%
ROE 4.9%
ROA 2.0%
FCF Margin -28.8%

ORA vs Utilities Sector: How Ormat Technologies, Inc.. Compares

How Ormat Technologies, Inc.. compares to Utilities sector averages

Net Margin
ORA 12.5%
vs
Sector Avg 12.0%
ORA Sector
ROE
ORA 4.9%
vs
Sector Avg 10.0%
ORA Sector
Current Ratio
ORA 0.8x
vs
Sector Avg 0.8x
ORA Sector
Debt/Equity
ORA 1.0x
vs
Sector Avg 1.4x
ORA Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Ormat Technologies, Inc.. Stock Overvalued? ORA Valuation Analysis 2026

Based on fundamental analysis, Ormat Technologies, Inc.. has mixed fundamental signals relative to the Utilities sector in 2026.

Return on Equity
4.9%
Sector avg: 10%
Net Profit Margin
12.5%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.05x
Sector avg: 1.4x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Ormat Technologies, Inc.. Balance Sheet: ORA Debt, Cash & Liquidity

Current Ratio
0.81x
Quick Ratio
0.75x
Debt/Equity
1.05x
Debt/Assets
56.9%
Interest Coverage
5.46x
Long-term Debt
$2.7B

ORA Revenue & Earnings Growth: 5-Year Financial Trend

ORA 5-year financial data: Year 2021: Revenue $746.0M, Net Income $88.1M, EPS $1.72. Year 2022: Revenue $734.2M, Net Income $85.5M, EPS $1.65. Year 2023: Revenue $829.4M, Net Income $62.1M, EPS $1.10. Year 2024: Revenue $879.7M, Net Income $65.8M, EPS $1.17. Year 2025: Revenue $989.5M, Net Income $124.4M, EPS $2.08.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Ormat Technologies, Inc..'s revenue has grown significantly by 33% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.08 reflects profitable operations.

ORA Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-28.8%
Free cash flow / Revenue

ORA Quarterly Earnings & Performance

Quarterly financial performance data for Ormat Technologies, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $211.8M $22.1M $0.36
Q2 2025 $213.0M $22.2M $0.37
Q1 2025 $224.2M $38.6M $0.64
Q3 2024 $208.1M $22.1M $0.36
Q2 2024 $194.8M $22.2M $0.37
Q1 2024 $185.2M $29.0M $0.51
Q3 2023 $175.9M $18.1M $0.32
Q2 2023 $169.1M $11.3M $0.20

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Ormat Technologies, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$335.1M
Cash generated from operations
Capital Expenditures
$619.8M
Investment in assets
Dividends Paid
$29.1M
Returned to shareholders

ORA SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Ormat Technologies, Inc.. (CIK: 0001296445)

📋 Recent SEC Filings

Date Form Document Action
Mar 26, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 25, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 25, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 25, 2026 4 xslF345X06/rdgdoc.xml View →
Mar 25, 2026 4 xslF345X06/rdgdoc.xml View →

Frequently Asked Questions about ORA

What is the AI rating for ORA?

Ormat Technologies, Inc.. (ORA) has an AI rating of HOLD with 70% confidence, based on fundamental analysis of SEC EDGAR filings.

What are ORA's key strengths?

Claude: Strong revenue growth at 12.5% YoY in stable energy sector. Healthy operating cash flow of $335.1M demonstrates core business strength.

What are the risks of investing in ORA?

Claude: Significantly negative free cash flow of -$284.7M indicates capex exceeds internal cash generation; unsustainable without external financing. Net income declined 2.4% YoY despite 12.5% revenue growth, signaling margin compression and operational challenges.

What is ORA's revenue and growth?

Ormat Technologies, Inc.. reported revenue of $989.5M.

Does ORA pay dividends?

Ormat Technologies, Inc.. pays dividends, with $29.1M distributed to shareholders in the trailing twelve months.

Where can I find ORA SEC filings?

Official SEC filings for Ormat Technologies, Inc.. (CIK: 0001296445) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ORA's EPS?

Ormat Technologies, Inc.. has a diluted EPS of $2.02.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ORA a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Ormat Technologies, Inc.. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is ORA stock overvalued or undervalued?

Valuation metrics for ORA: ROE of 4.9% (sector avg: 10%), net margin of 12.5% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy ORA stock in 2026?

Our dual AI analysis gives Ormat Technologies, Inc.. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is ORA's free cash flow?

Ormat Technologies, Inc..'s operating cash flow is $335.1M, with capital expenditures of $619.8M. FCF margin is -28.8%.

How does ORA compare to other Utilities stocks?

Vs Utilities sector averages: Net margin 12.5% (avg: 12%), ROE 4.9% (avg: 10%), current ratio 0.81 (avg: 0.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI