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Ormat Technologies ORA Investment in unconsolidated companies

Investment in unconsolidated companies at other companies

Federated Hermes logo
Federated HermesFHI
$3.76M+125%
Energy Transfer logo
Energy TransferET
$341M
Howard Hughes logo
Howard HughesHHH
$167.82M+1.0%
Phillips Edison & Company logo
Phillips Edison & CompanyPECO
$47.68M+41.3%
Modiv Industrial logo
Modiv IndustrialMDV
$0-100%
VTR
VentasVTR
$611.29M-3.3%

Other financials

Income statement

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Revenue$258.8M+10.6%
Gross profit$68.7M+20.7%
Operating income$34.2M-3.2%
Net income$27.1M-3.4%
EPS (diluted)$0.43-6.5%

Balance sheet

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Cash & equivalents$513.7M+481%
Total debt$46.7M+39.5%
Total equity$2.6B+4.2%
Total assets$6.8B+12.8%

Cash flow

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Operating cash flow$50.6M-47.8%
CapEx$138.0M+2.4%
Free cash flow-$87.4M-130%

Valuation

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Market cap$6.65B+25.6%
Enterprise value$6.18B+18.0%
P/E52.5×+12.2×
P/S5.6×-0.2×

Profitability

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Gross margin27.9%-1.0pp
Operating margin16.6%-2.3pp
Net margin10.7%-3.8pp
FCF margin-22.3%

Returns & leverage

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Return on equity5%-0.4pp
Debt / equity0.0×
Current ratio+0.3×

Where this comes from

Reported directly by Ormat Technologies in its filing.

Tagged under the XBRL concept ora:InvestmentInUnconsolidatedCompaniesInExcessOfAccumulatedLosses.

The source filing: Ormat Technologies’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 1:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001296445-26-000014
Line itemJune 30, 2026December 31, 2025
Costs and estimated earnings in excess of billings on uncompleted contracts46,99030,011
Prepaid expenses and other56,78240,141
Total current assets1,020,776597,769
Investment in unconsolidated companies204,154162,111
Deposits and other (primarily related to VIEs)177,282137,744
Deferred income taxes137,894138,903
Property, plant and equipment, net ($3,583,076 and $3,460,079 related to VIEs, respectively)3,789,7403,672,569
Construction-in-process ($360,291 and $392,644 related to VIEs, respectively)975,4281,048,174

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Ormat Technologies's investment in unconsolidated companies?
Ormat Technologies (ORA) reported investment in unconsolidated companies of $204.15M in Q2 2026.
How has Ormat Technologies's investment in unconsolidated companies changed year-over-year?
Ormat Technologies's investment in unconsolidated companies increased by 27.5% year-over-year, from $160.18M to $204.15M.
What is the long-term trend for Ormat Technologies's investment in unconsolidated companies?
Over 5 years (2020 to 2025), Ormat Technologies's investment in unconsolidated companies has grown at a 10.5% compound annual growth rate (CAGR), from $98.22M to $162.11M.
What does investment in unconsolidated companies mean?
This represents the company's equity interest in joint ventures, partnerships, or other entities where it exerts significant influence but does not have a controlling financial interest. These investments are typically accounted for using the equity method. It reflects the company's strategic participation in external projects or markets.

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