Ormat Technologies (NYSE: ORA) — Company Overview, News & Financial Data
Ormat Technologies specializes in geothermal power projects and aims to lead the transition to renewable energy solutions.
Ormat Technologies
Ormat Technologies (NYSE:ORA) engages in the geothermal and recovered energy power business. The company specializes in the design, operation, and management of clean, renewable energy projects around the globe, focusing primarily on geothermal power. Ormat's extensive portfolio includes power plants and projects in the United States, Guatemala, Guadeloupe, Honduras, Indonesia, and Kenya, showcasing its international footprint in renewable energy. The company aims to expand its reach and capacity in generating electricity from renewable sources, with a strong commitment to environmental sustainability and innovation in energy technology. Ormat Technologies is committed to contributing significantly to the global shift towards clean and sustainable sources of power.
Snapshot
Operations
Products and/or services of Ormat Technologies
- Geothermal power plants, offering sustainable electricity generation from the earth's heat.
- Recovered energy generation systems, capturing waste heat from industrial processes to produce electricity.
- Energy storage solutions, enabling efficient management of electricity supply and demand.
- Solar PV projects, contributing to renewable energy portfolios with solar power generation.
- Management and operation services for geothermal, solar, and recovered energy generation facilities, ensuring efficiency and reliability.
- Regulation & compliance consultation, assisting in navigating the legal aspects of renewable energy operations.
Ormat Technologies executive team
- Doron BlacharChief Executive Officer
- Assaf GinzburgChief Financial Officer
- Jessica WoelfelGeneral Counsel, Chief Compliance Officer & Corporate Secretary
- Ofer Ben YosefExecutive Vice President of Energy Storage & Business Development
- Aron John WillisExecutive Vice President of Electricity Segment
- Nirit GrushkoExecutive VP & Chief Technology Officer
- Smadar LaviVP, Head of Investor Relations & ESG Planning and Reporting
- Liza TavoriExecutive VP & CHRO
- Elad ZalkinExecutive Vice President of Projects, Engineering & QEHS
- Daniel MoelkExecutive Vice president of Subsurface, Wells & NextGen
Key financials
Reported results for Ormat Technologies, in USD.
- Market cap
- 5.6B
- Revenue (TTM)
- 1.2B
- P/E ratio
- 45.0
- EPS (diluted, TTM)
- 2.0
- Dividend yield
- 0.5%
- Profit margin
- 10.7%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 989.5M | 182.7M | 123.9M | |
| 879.7M | 172.5M | 123.7M | |
| 829.4M | 166.6M | 124.4M | |
| 734.2M | 152.8M | 65.8M |