Ormat Technologies (ORA)

Utilities · Utilities - Renewable
$93.07 +1.95% on the day Market cap $5.6B 52-week range $87.06 to $146.39 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Ormat Technologies's free cash flow was negative in fiscal 2025, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

D

Five factors scored 1 to 9 from ORA's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation4
Profitability5
Growth2
Financial health3
Cash efficiency0

Key numbers

P/E (trailing)44.0x
P/E (forward)47.8x
Price / free cash flow—
EV / EBITDA15.0x
Price / sales4.71x
Price / book2.19x
Revenue growth+10.6%
Operating margin16.6%
Net margin10.7%
Return on equity4.9%
Dividend yield0.53%
Debt / equity1.56x

Results from SEC filings

Fiscal years, from Ormat Technologies's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$663M$734M$829M$880M$990M
Net income$62M$66M$124M$124M$124M
Free cash flow-$160M-$283M-$309M-$77M-$285M
EPS (diluted)$1.10$1.17$2.08$2.04$2.02
Operating margin25.5%20.8%20.1%19.6%17.1%

Where the revenue comes from

Revenue by segments, fiscal 2025.

Electricity$694M70%
Product$217M22%
Energy storage$79M8%

Superinvestors who own ORA

From each investor's latest 13F filing (what a 13F shows). 3 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Mario Gabelli
GAMCO Investors
Held $9M0.08%Q2 2026
Cliff Asness
AQR Capital Management
Added $5M0.00%Q2 2026
Joel Greenblatt
Gotham Asset Management
Added $2M0.00%Q2 2026

Insider buying

Open-market purchases by Ormat Technologies's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of ORA in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Ormat Technologies insiders buying the stock?

No open-market insider purchases of ORA in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Ormat Technologies?

3 of the superinvestors Investingly tracks hold ORA in their latest 13F, including Mario Gabelli, Cliff Asness, Joel Greenblatt.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.