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Ormat Technologies (ORA) Debt to Equity (2009 - 2025)

Ormat Technologies' quarterly Debt to Equity came in at $0.03 in Q4 2025, down 83.16% year-on-year from $0.19 in Q4 2024, and up 137.47% quarter-over-quarter from $0.01 in Q3 2025.

Ormat Technologies has reported Debt to Equity for 17 years, with the latest figure at $0.03 in Q4 2025.

  • For the quarter ending Q4 2025, Debt to Equity fell 83.16% year-over-year to $0.03; the trailing twelve-month figure through Dec 2025 stood at $0.03 (down 83.16% YoY), and the FY2025 full-year result was $0.03, down 83.16% from the prior year.
  • Debt to Equity for Q4 2025 stood at $0.03, up from $0.01 in the prior quarter.
  • The five-year high for Debt to Equity was $0.4 in Q4 2021, with the low at $0.01 in Q3 2025.
  • Average Debt to Equity over 5 years is $0.19, with a median of $0.19 recorded in 2024.
  • Year-over-year, Debt to Equity jumped 147.98% in 2021 and tumbled 83.16% in 2025.
  • Tracing ORA's Debt to Equity over 5 years: stood at $0.4 in 2021, then sank by 34.71% to $0.26 in 2022, then dropped by 10.93% to $0.23 in 2023, then decreased by 20.37% to $0.19 in 2024, then plunged by 83.16% to $0.03 in 2025.
  • The last three Debt to Equity figures came in at $0.03 (Q4 2025), $0.01 (Q3 2025), and $0.04 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn -
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 0.29
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 0.03
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 1.66
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.59
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 5.64
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 6.53
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn 0.35
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 0.00

Historic Data

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DateValue
Dec 31, 2025 0.03
Sep 30, 2025 0.01
Jun 30, 2025 0.04
Dec 31, 2024 0.19
Dec 31, 2023 0.23
Sep 30, 2023 0.01
Dec 31, 2022 0.26
Dec 31, 2021 0.40
Sep 30, 2021 0.16
Jun 30, 2021 0.36
Mar 31, 2021 0.37
Dec 31, 2020 0.16
Sep 30, 2020 0.22
Jun 30, 2020 0.21
Mar 31, 2020 0.20
Dec 31, 2019 0.23
Sep 30, 2019 0.22
Jun 30, 2019 0.26
Mar 31, 2019 0.26
Dec 31, 2018 0.24
Sep 30, 2018 0.24
Jun 30, 2018 0.30
Mar 31, 2018 0.24
Dec 31, 2017 0.18
Sep 30, 2017 0.07
Jun 30, 2017 0.24
Mar 31, 2017 0.08
Dec 31, 2016 0.33
Sep 30, 2016 0.20
Jun 30, 2016 0.28
Mar 31, 2016 0.25
Dec 31, 2015 0.28
Sep 30, 2015 0.05
Jun 30, 2015 0.28
Mar 31, 2015 0.08
Dec 31, 2014 0.38
Sep 30, 2014 0.52
Jun 30, 2014 1.28
Mar 31, 2014 0.37
Dec 31, 2013 0.11
Sep 30, 2013 0.38
Jun 30, 2013 0.45
Mar 31, 2013 0.16
Dec 31, 2012 0.40
Sep 30, 2012 0.30
Jun 30, 2012 0.09
Mar 31, 2012 0.40
Dec 31, 2011 0.26
Sep 30, 2011 0.26
Jun 30, 2011 0.10
Mar 31, 2011 0.15
Dec 31, 2010 0.25
Sep 30, 2010 0.26
Jun 30, 2010 0.28
Dec 31, 2009 0.16