Ormat Technologies, Inc. (ORA)
NYSE: ORA · Real-Time Price · USD
93.24
+0.86 (0.93%)
At close: Nov 11, 2026, 4:00 PM EST
94.00
+0.76 (0.82%)
After-hours: Nov 11, 2026, 7:30 PM EST
Ormat Technologies Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 347.97 | 147.45 | 94.4 | 195.81 | 95.87 | 239.28 |
Short-Term Investments | - | - | - | - | - | 43.34 |
Trading Asset Securities | 0.49 | 0.18 | 0.18 | - | - | 1.46 |
Accounts Receivable | 235.08 | 194.78 | 193.29 | 227.07 | 145.22 | 132.64 |
Other Receivables | 22.57 | 35.98 | 50.06 | 43.12 | 31.62 | 17.33 |
Inventory | 44.24 | 45.27 | 38.09 | 45.04 | 22.83 | 28.45 |
Prepaid Expenses | 97.44 | 40.14 | 59.17 | 41.6 | 29.57 | 34.46 |
Restricted Cash | 164.17 | 133.42 | 111.38 | 91.96 | 130.8 | 104.17 |
Other Current Assets | 3.49 | 0.55 | 0.55 | 1.41 | 0.8 | 0.81 |
Total Current Assets | 915.45 | 597.77 | 547.12 | 646 | 456.72 | 601.93 |
Property, Plant & Equipment | 4,905 | 4,713 | 4,233 | 3,782 | 3,365 | 3,001 |
Goodwill | 168.01 | 168.24 | 151.02 | 90.54 | 90.33 | 89.95 |
Other Intangible Assets | 253.43 | 274.55 | 301.75 | 307.61 | 333.85 | 363.31 |
Long-Term Investments | 202.88 | 162.11 | 144.59 | 125.44 | 118.72 | 143.77 |
Long-Term Deferred Tax Assets | 148.49 | 138.9 | 153.94 | 152.57 | 161.37 | 143.45 |
Long-Term Accounts Receivable | 81.3 | 75 | 26 | - | - | - |
Other Long-Term Assets | 93.3 | 116.75 | 109.21 | 103.75 | 85.31 | 82.19 |
Total Assets | 6,767 | 6,247 | 5,666 | 5,208 | 4,612 | 4,426 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Accounts Payable | 197.98 | 123.99 | 124.7 | 140.69 | 77.55 | 75.16 |
Accrued Expenses | - | 66.51 | 66.07 | 56.07 | 52.36 | 49.36 |
Short-Term Debt | 99.99 | 179.98 | 99.98 | 119.97 | - | - |
Current Portion of Long-Term Debt | 678.13 | 303.84 | 235.67 | 179.21 | 181.77 | 386.38 |
Current Unearned Revenue | 9.01 | 34.28 | 45.59 | 18.67 | 8.79 | 9.25 |
Current Portion of Leases | 6.89 | 6.65 | 5.01 | 4.64 | 3.93 | 5.35 |
Current Income Taxes Payable | - | 11.47 | 8.89 | 7 | 8.39 | 8.14 |
Other Current Liabilities | - | 11.67 | 12.18 | 10.76 | 11.12 | 10.53 |
Total Current Liabilities | 991.99 | 738.39 | 598.08 | 537.01 | 343.91 | 544.16 |
Long-Term Debt | 2,515 | 2,334 | 2,087 | 1,789 | 1,845 | 1,522 |
Long-Term Leases | 55.58 | 32.61 | 24.05 | 22.03 | 22.05 | 20.82 |
Pension & Post-Retirement Benefits | 12.71 | 11.94 | 10.49 | 11.84 | 12.83 | 15.69 |
Long-Term Deferred Tax Liabilities | 73.4 | 68.66 | 68.62 | 66.75 | 83.47 | 84.66 |
Other Long-Term Liabilities | 342.72 | 369.76 | 317.49 | 329.76 | 273.8 | 230.53 |
Total Liabilities | 3,991 | 3,555 | 3,106 | 2,757 | 2,581 | 2,418 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Common Stock | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
Additional Paid-In Capital | 1,678 | 1,655 | 1,635 | 1,615 | 1,259 | 1,272 |
Retained Earnings | 990.3 | 909.34 | 814.52 | 719.89 | 623.91 | 585.21 |
Treasury Stock | -42.36 | -17.96 | -17.96 | -17.96 | -17.96 | - |
Comprehensive Income & Other | 7.58 | -2.13 | -6.73 | -1.33 | 2.5 | -2.19 |
Total Common Equity | 2,633 | 2,544 | 2,425 | 2,315 | 1,868 | 1,855 |
Minority Interest | 143.05 | 147.33 | 135.25 | 136.16 | 162.99 | 152.79 |
Shareholders' Equity | 2,776 | 2,691 | 2,560 | 2,452 | 2,031 | 2,008 |
Total Liabilities & Equity | 6,767 | 6,247 | 5,666 | 5,208 | 4,612 | 4,426 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 3,355 | 2,857 | 2,452 | 2,115 | 2,053 | 1,935 |
Net Cash (Debt) | -3,007 | -2,709 | -2,357 | -1,919 | -1,957 | -1,650 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -48.24 | -44.15 | -38.78 | -32.12 | -34.63 | -29.26 |
Filing Date Shares Outstanding | 61.5 | 60.85 | 60.5 | 60.36 | 56.1 | 56.06 |
Total Common Shares Outstanding | 61.5 | 60.85 | 60.5 | 60.36 | 56.1 | 56.06 |
Working Capital | -76.54 | -140.62 | -50.96 | 108.99 | 112.81 | 57.78 |
Book Value Per Share | 42.82 | 41.81 | 40.08 | 38.36 | 33.29 | 33.09 |
Tangible Book Value | 2,212 | 2,101 | 1,972 | 1,917 | 1,443 | 1,402 |
Tangible Book Value Per Share | 35.96 | 34.53 | 32.60 | 31.76 | 25.73 | 25.01 |
Land | - | 56.07 | 51.5 | 175.58 | 94.56 | 88.82 |
Buildings | - | 157.53 | 145.27 | - | - | - |
Machinery | - | 5,726 | 5,336 | 4,637 | 4,027 | 3,704 |
Construction In Progress | - | 1,048 | 755.59 | 814.97 | 893.2 | 721.48 |