Touchstone
Last syncNov 1, 2026, 6:55 PM ET

ORA

Ormat Technologies, Inc. Utilities Electric Services Russell 3000
$89.69Close $5.5BMarket cap $86.64 – $144.9452-week range Nov 4, 2026Next report · after the close

Highlights

Cautions

  • Not in an uptrend 0 of 8 trend conditions
  • Lagging the market RS 19 · weaker than 81% of stocks over 12 months
  • Far from its high 38% below its 52-week high
  • Distribution down-day volume 1.7× up-day volume over 50 sessions
  • Earnings shrinking EPS −6% year on year
  • Results soon Nov 4, 2026, in 3 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 38%
1wk up 3.0% price change
1mo down 2.0% price change
12-month return down 14% market up 11% · its own down 27%
F-score 4 / 9 Weak
Altman Z″ 1.26 Moderate risk
P/E 43.0× price / earnings
PEG — P/E / EPS growth
P/B 2.1× price / book
Earnings yield up 2.1% EBIT / enterprise value
Cheaper than 39% of the market · expensive
Revenue growth up 12% year on year
EPS growth down 6% latest quarter · -13 pts
Sales growth up 11% latest quarter · -65 pts
ROE up 5% return on equity
Free cash margin down 29% -$284.7M FCF
D/E 1.05 long-term debt / equity
Net debt / EBITDA 5.4×
Interest cover —EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • assets working harder

Trade setup

ATR% 3.2% $2.86 a day · 2×ATR $83.96
RS 19 / 99 vs the universe
Trend 0 / 8 trend template
Relative volume 0.6× vs 50-day average
Up/down volume 0.58 50 sessions
Implied move — no option chain · report Nov 4, 2026
Trend template · 0 of 8

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Heavily indebted Net debt is 5.4 times EBITDA — roughly 5 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Gross margin narrowing Gross margin fell from 31.0% to 27.6%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 5, 2026
Results reaction Aug 5, 2026+8% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $989.5M +12% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $705.3M FY2021 · $663.1M FY2022 · $734.2M FY2023 · $829.4M FY2024 · $879.7M FY2025 · $989.5M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $127.0M -3% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $85.5M FY2021 · $76.1M FY2022 · $77.8M FY2023 · $133.1M FY2024 · $131.2M FY2025 · $127.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$284.7M
-$500M $0 FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$55.7M FY2021 · -$160.4M FY2022 · -$282.5M FY2023 · -$309.0M FY2024 · -$76.8M FY2025 · -$284.7M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 28%
  • Net 13%
  • Free cash -29%
-50% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 39% · Net 12% · Free cash -8% FY2021 · Gross 40% · Net 11% · Free cash -24% FY2022 · Gross 37% · Net 11% · Free cash -38% FY2023 · Gross 32% · Net 16% · Free cash -37% FY2024 · Gross 31% · Net 15% · Free cash -9% FY2025 · Gross 28% · Net 13% · Free cash -29%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.5B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $448.3M · Long-term debt $1.5B FY2021 · Cash $239.3M · Long-term debt $1.9B FY2022 · Cash $95.9M · Long-term debt $2.1B FY2023 · Cash $195.8M · Long-term debt $2.0B FY2024 · Cash $94.4M · Long-term debt $2.3B FY2025 · Cash $147.4M · Long-term debt $2.7B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 60.85m +8.7% since FY2020
60.85m 55.98m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 55.98m FY2021 · 56.06m FY2022 · 56.10m FY2023 · 60.36m FY2024 · 60.50m FY2025 · 60.85m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $705.3M $663.1M $734.2M $829.4M $879.7M $989.5M
Gross margin 39% 40% 37% 32% 31% 28%
Operating income $214.0M $169.4M $152.8M $166.6M $172.5M $169.2M
Net income $85.5M $76.1M $77.8M $133.1M $131.2M $127.0M
Net margin 12% 11% 11% 16% 15% 13%
Earnings per share $1.65 $1.35 $1.38 $2.23 $2.16 $2.07
Free cash flow -$55.7M -$160.4M -$282.5M -$309.0M -$76.8M -$284.7M
Free cash margin -8% -24% -38% -37% -9% -29%
Cash $448.3M $239.3M $95.9M $195.8M $94.4M $147.4M
Long-term debt $1.5B $1.9B $2.1B $2.0B $2.3B $2.7B
Shareholders' equity $1.8B $1.9B $1.9B $2.3B $2.4B $2.5B
Shares outstanding 55.98m 56.06m 56.10m 60.36m 60.50m 60.85m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 5, 2025 Quarterly ↗ Sep 30, 2025 36d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 8, 2025 Quarterly ↗ Mar 31, 2025 38d
Feb 27, 2025 Annual ↗ Dec 31, 2024 58d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 10, 2024 Quarterly ↗ Mar 31, 2024 40d
Feb 23, 2024 Annual ↗ Dec 31, 2023 54d
Nov 9, 2023 Quarterly ↗ Sep 30, 2023 40d

Current reports

FiledDisclosed
Aug 5, 2026 Results ↗
Jun 5, 2026 Shareholder vote ↗
May 6, 2026 Results ↗
Mar 23, 2026 Material agreement · New obligation · Unregistered share sale · Other events ↗
Feb 26, 2026 Results ↗
Feb 17, 2026 Regulation FD ↗
Nov 3, 2025 Results ↗
Aug 7, 2025 Results ↗
May 8, 2025 Shareholder vote ↗
May 8, 2025 Results ↗
Mar 13, 2025 Director or officer change ↗
Feb 27, 2025 Results ↗