Ormat Technologies, Inc. (ORA)
NYSE: ORA · Real-Time Price · USD
97.58
+0.87 (0.90%)
Jul 31, 2026, 4:00 PM EDT - Market closed
Ormat Technologies Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Net Income | 130.57 | 126.99 | 131.24 | 133.14 | 77.8 | 76.08 |
Depreciation & Amortization | 298.71 | 292.12 | 262.86 | 224.8 | 198.79 | 182.97 |
Stock-Based Compensation | 19.2 | 19.39 | 20.2 | 15.48 | 11.65 | 9.17 |
Other Adjustments | -59.28 | -42.06 | -1.89 | -19.52 | 14.72 | -5.02 |
Change in Receivables | 15.25 | 4.47 | 27.17 | -97.64 | -19.93 | 26.74 |
Changes in Inventories | -2.05 | -7.18 | 6.95 | -22.21 | 5.61 | 4.13 |
Changes in Accounts Payable | -3.57 | -1.78 | 11.43 | 68.59 | -2.05 | -21.94 |
Changes in Unearned Revenue | -48.3 | -11.32 | 5.33 | 9.88 | -0.46 | -1.93 |
Changes in Other Operating Activities | -36.59 | -45.54 | -52.36 | -3.12 | -5.16 | -11.37 |
Operating Cash Flow | 325.67 | 335.1 | 410.92 | 309.4 | 280.97 | 258.82 |
Operating Cash Flow Growth | -15.13% | -18.45% | 32.81% | 10.12% | 8.56% | -2.33% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Capital Expenditures | -540.96 | -619.78 | -487.68 | -618.38 | -563.48 | -419.27 |
Sale of Property, Plant & Equipment | 93.14 | - | - | - | - | - |
Purchases of Investments | -28 | -17.8 | -18.97 | -10.18 | -23.7 | -66.47 |
Proceeds from Sale of Investments | - | - | - | - | 62 | 16.27 |
Cash Acquisitions | -166.93 | -88.65 | -274.63 | - | - | -171 |
Other Investing Activities | -0.22 | -0.21 | 1.02 | 0.22 | 1.77 | 2.28 |
Investing Cash Flow | -642.98 | -726.44 | -780.25 | -628.34 | -523.41 | -638.19 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Short-Term Debt Issued | 2,058 | 1,974 | 185.5 | 154.97 | 5.44 | - |
Short-Term Debt Repaid | -2,058 | -1,894 | -205.5 | -35 | -219.13 | - |
Net Short-Term Debt Issued (Repaid) | - | 80 | -20 | 119.97 | -213.68 | - |
Long-Term Debt Issued | 1,331 | 548.5 | 558.67 | 149.84 | 554.96 | 275 |
Long-Term Debt Repaid | -589.25 | -265.46 | -209.28 | -207.04 | -185.16 | -93.05 |
Net Long-Term Debt Issued (Repaid) | 741.42 | 283.04 | 349.39 | -57.2 | 369.79 | 181.95 |
Issuance of Common Stock | -0.75 | - | - | 341.99 | 0.04 | 0.31 |
Repurchase of Common Stock | -24.4 | - | - | - | -17.96 | - |
Net Common Stock Issued (Repurchased) | -25.15 | - | - | 341.99 | -17.93 | 0.31 |
Common Dividends Paid | -29.31 | -29.07 | -29.11 | -28.41 | -27.14 | -26.99 |
Other Financing Activities | -29.82 | 131.78 | -12.37 | 3.62 | 15.23 | 31.11 |
Financing Cash Flow | 855.55 | 465.75 | 287.92 | 379.96 | 126.27 | 186.39 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Foreign Exchange Rate Adjustments | -0 | 0.68 | -0.58 | 0.07 | -0.61 | -0.35 |
Net Cash Flow | 538.24 | 75.09 | -82 | 61.09 | -116.77 | -193.33 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Free Cash Flow | -215.29 | -284.68 | -76.76 | -308.98 | -282.5 | -160.45 |
Free Cash Flow Growth | - | - | - | - | - | - |
FCF Margin | -18.50% | -28.77% | -8.73% | -37.25% | -38.48% | -24.20% |
Free Cash Flow Per Share | -3.49 | -4.64 | -1.26 | -5.17 | -5.00 | -2.84 |
Levered Free Cash Flow | 536.26 | 93.47 | 199.65 | -153.27 | -144.78 | -23.36 |
Unlevered Free Cash Flow | -85.46 | -217.19 | -73.73 | -181.02 | -238.28 | -140.33 |