Ormat Technologies, Inc. (ORA)

From the record

Ormat Technologies, Inc.'s filings since 2017 show 5 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2018-05-18); a warning not to rely on past financial statements (8-K item 4.02, the latest 2018-05-16); an auditor change (8-K item 4.01, the latest 2018-09-21); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2018-05-11) (its current reports).

From the record

Ormat Technologies, Inc.'s 10 filed years say what it did: revenue went from $663 million in fiscal 2016 to $990 million in fiscal 2025, up 4.6% a year; it rose in 7 of 9 years; the deepest fall was 11% from fiscal 2019 to fiscal 2021; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Ormat Technologies, Inc.'s diluted share count grew about 2.8% a year, and dividends and buybacks returned about 8% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 24 sales (8 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-04 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Ormat Technologies, Inc. earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 4 cents per dollar of everything the company owns. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count grew 0.9% over the year (the filed statements).

From the record

Ormat Technologies, Inc.'s standing among 52 graded names in its industry family: revenue of $990 million in fiscal 2025 ranks in the bottom 19% by size; a net margin of 12.5% ranks in the top 37%; revenue growth of 10.5% a year over the last 3 filed years ranks in the top 24% (its annual reports).

From the record

Ormat Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Blachar, Doron (Chief Executive Officer, as filed), filing under that title since 2021-11-16, 5 years (top 41% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 8.5 years (top 15%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 20%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Ormat Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $147 million against debt of $2.7 billion leaves -40.2% of its assets as net cash, bottom 25% of its family; cash from operations less capital spending is -28.8% of revenue (bottom 12%); a gross margin of 27.6% (bottom 45%); research spending of 0.6% of revenue (top 50%) (its annual report).

From the record

Ormat Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 10.5% a year over the last three filed years against 4.6% over all 10, speeding up (top 7% of its family); the newest year grew 12.5% (top 23%); research spending grew 7.5% a year (top 25%); capital spending grew 3.2% a year (bottom 22%) (its annual reports). Ormat Technologies, Inc. reported 3 product lines in fiscal 2025: Electricity at $694 million (70%), Product at $217 million (22%), Energy Storage at $79 million (8%); 2 of 3 grew against the year before (its annual report).

From the record

Ormat Technologies, Inc.'s newest year against its own record: revenue of $990 million in fiscal 2025 came in 2.8% above the $963 million its prior three years' pace pointed to (top 49% of its family); net income of $124 million against a prior three-year average of $105 million (top 50%); a net margin of 12.5% against 12.7% before (bottom 36%) (its annual reports).