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Ormat Technologies ORA Debt-to-equity

Debt-to-equity at other companies

Nextra Energy logo
Nextra EnergyNEE
1.8×0.0×
AES logo
AESAES
0.3×0.0×
Oklo logo
OkloOKLO
0.0×
NRG Energy logo
NRG EnergyNRG
5.5×+1.1×
GE Vernova logo
GE VernovaGEV
0.1×0.0×
Xcel Energy logo
Xcel EnergyXEL
1.6×0.0×

Other financials

Income statement

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Revenue$403.9M+75.8%
Gross profit$120.4M+65.1%
Operating income$80.3M+57.6%
Net income$44.1M+9.2%
EPS (diluted)$0.71+7.6%

Balance sheet

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Cash & equivalents$654.6M+481%
Total debt$46.4M+57.9%
Total equity$2.6B+4.5%
Total assets$6.8B+16.0%

Cash flow

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Operating cash flow$78.6M-10.7%
CapEx$113.8M-40.9%
Free cash flow-$35.2M+66.3%

Valuation

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Market cap$7.85B+60.3%
Enterprise value$7.24B+49.0%
P/E61.5×+22.5×
P/S6.7×+1.2×

Profitability

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Gross margin27.5%-2.6pp
Operating margin17.1%-2.2pp
Net margin11%-3.2pp
FCF margin-18.5%

Returns & leverage

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Return on equity5.1%-0.1pp
Current ratio1.1×+0.1×

Where this comes from

Calculated from Ormat Technologies’s reported figures.

Based on the most recent quarter.

The official record: Ormat Technologies’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ormat Technologies's debt-to-equity?
Ormat Technologies (ORA) reported debt-to-equity of 0× in Q1 2026.
How has Ormat Technologies's debt-to-equity changed year-over-year?
Ormat Technologies's debt-to-equity increased by 51.3% year-over-year, from 0× to 0×.
What is the long-term trend for Ormat Technologies's debt-to-equity?
Over 5 years (2020 to 2025), Ormat Technologies's debt-to-equity has grown at a -19.8% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.