Last 48 quarters of trend data · Utilities · Renewable Utilities
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Ormat Technologies, Inc.'s quarterly P/E stands at 39.4x, up 47.0% year-over-year — indicating the stock has re-rated higher or earnings have softened.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 64.13 | 39.41 | 55.23 | 61.70 | 45.52 | 26.81 | 25.27 | 53.43 | 48.45 | 25.86 | 32.11 | 29.63 | 50.29 |
| — | +47.0% | +118.6% | +15.5% | -6.0% | +3.7% | -21.3% | +80.3% | -3.7% | -37.8% | -52.5% | -56.0% | -25.5% | |
| P/S Ratio | 8.05 | 4.29 | 6.24 | 5.89 | 5.46 | 4.68 | 4.46 | 5.52 | 5.11 | 4.47 | 4.75 | 5.09 | 6.26 |
| — | -8.4% | +39.9% | +6.7% | +6.8% | +4.8% | -6.1% | +8.5% | -18.3% | -31.6% | -20.1% | -26.4% | -4.3% | |
| P/B Ratio | 2.95 | 2.55 | 2.56 | 2.22 | 1.94 | 1.66 | 1.61 | 1.85 | 1.74 | 1.61 | 1.87 | 1.75 | 2.02 |
| — | +53.8% | +59.2% | +19.8% | +11.9% | +3.0% | -14.1% | +5.6% | -13.9% | -21.9% | -22.3% | -27.9% | -9.3% | |
| P/FCF | — | — | — | — | — | — | 33.32 | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 22.41 | — | 18.29 | 30.52 | 18.40 | 14.05 | 13.58 | 17.12 | 16.85 | 13.47 | 14.58 | 16.19 | 20.73 |
| — | — | +34.6% | +78.2% | +9.2% | +4.3% | -6.9% | +5.8% | -18.7% | -12.2% | -30.5% | -14.3% | +16.2% | |
| EV / EBIT | 57.66 | — | 38.57 | 33.09 | 33.06 | 23.53 | 24.43 | 29.42 | 31.29 | 22.02 | 21.78 | 28.16 | 68.47 |
| — | — | +57.9% | +12.5% | +5.7% | +6.9% | +12.1% | +4.5% | -54.3% | -11.4% | -53.1% | -16.5% | +88.9% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Ormat Technologies, Inc.'s operating margin was -1.0% in Q1 2026, down 20.9 pp QoQ and down 23.2 pp YoY. The trailing four-quarter average of 8.2% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 6.1% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.6% | 29.8% | 28.6% | 25.6% | 24.3% | 31.7% | 31.9% | 27.8% | 28.8% | 35.2% | 32.5% | 28.8% | 25.4% |
| — | -6.1% | -10.4% | -7.7% | -15.7% | -9.7% | -1.9% | -3.6% | +13.5% | -14.4% | -16.7% | -17.0% | -25.4% | |
| Operating Margin | 18.5% | -1.0% | 19.9% | -1.3% | 15.1% | 22.2% | 21.3% | 16.8% | 16.5% | 23.5% | 21.4% | 18.1% | 12.4% |
| — | -104.6% | -6.5% | -107.4% | -8.5% | -5.5% | -0.6% | -6.7% | +32.6% | -18.3% | +45.4% | -18.3% | -45.5% | |
| Net Margin | 12.5% | 10.9% | 11.4% | 9.7% | 12.0% | 17.6% | 17.7% | 10.4% | 10.4% | 17.2% | 14.8% | 17.0% | 12.4% |
| — | -37.9% | -35.8% | -7.3% | +14.7% | +2.1% | +19.5% | -38.8% | -15.9% | +9.8% | +68.6% | +65.5% | +86.5% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.7% | 1.6% | 1.2% | 0.9% | 1.1% | 1.6% | 1.6% | 0.9% | 0.9% | 1.6% | 1.5% | 1.5% | 1.0% |
| — | +4.1% | -26.9% | +4.1% | +20.5% | +0.2% | +9.4% | -40.2% | -12.3% | +17.8% | +64.0% | +61.6% | +81.0% | |
| ROA | 2.1% | 0.7% | 0.5% | 0.4% | 0.5% | 0.7% | 0.7% | 0.4% | 0.4% | 0.7% | 0.7% | 0.7% | 0.5% |
| — | -3.5% | -29.9% | +0.2% | +17.2% | -2.5% | +3.7% | -43.7% | -16.4% | +19.3% | +77.1% | +77.1% | +92.0% | |
| ROIC | 2.7% | -0.1% | 0.8% | -0.0% | 0.5% | 0.8% | 0.8% | 0.6% | 0.6% | 0.9% | 0.9% | 0.7% | 0.4% |
| — | -107.6% | +3.3% | -108.0% | -7.8% | -12.4% | -15.3% | -16.5% | +25.4% | -12.3% | +54.4% | -12.7% | -42.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
The current ratio has improved 10.1% YoY to 1.07x, strengthening the short-term liquidity position. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.06 | 1.25 | 1.06 | 1.04 | 1.04 | 1.00 | 0.96 | 0.96 | 0.95 | 0.96 | 0.86 | 0.83 | 0.84 |
| — | +25.7% | +10.9% | +8.3% | +9.6% | +3.9% | +11.0% | +15.9% | +12.8% | +7.1% | -14.7% | -18.7% | -19.7% | |
| Debt / EBITDA | 6.08 | — | 22.08 | 39.29 | 25.93 | 21.48 | 20.58 | 23.66 | 24.03 | 20.79 | 18.97 | 21.03 | 25.38 |
| — | — | +7.3% | +66.0% | +7.9% | +3.3% | +8.5% | +12.5% | -5.3% | +5.0% | -24.6% | -7.8% | +6.7% | |
| Current Ratio | 0.81 | 1.07 | 0.81 | 0.77 | 0.70 | 0.97 | 0.91 | 0.95 | 0.97 | 1.12 | 1.20 | 0.95 | 1.79 |
| — | +10.1% | -11.5% | -18.8% | -28.5% | -13.0% | -24.0% | -0.6% | -45.6% | -46.2% | -9.4% | -25.2% | +7.9% | |
| Quick Ratio | 0.75 | 1.02 | 0.75 | 0.70 | 0.64 | 0.90 | 0.85 | 0.87 | 0.89 | 1.02 | 1.12 | 0.87 | 1.69 |
| — | +13.4% | -12.1% | -18.8% | -28.6% | -11.2% | -23.9% | -0.7% | -47.4% | -48.1% | -11.3% | -27.1% | +7.9% | |
| Interest Coverage | 1.75 | -0.09 | 1.75 | 1.81 | 1.60 | 2.09 | 1.92 | 1.71 | 1.58 | 2.27 | 2.89 | 2.18 | 0.99 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 48 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ORA stock.
Ormat Technologies, Inc.'s current P/E is 64.1x. The average P/E over the last 4 quarters is 50.5x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Ormat Technologies, Inc.'s current operating margin is 18.5%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Ormat Technologies, Inc.'s business trajectory between earnings reports.