Ormat Technologies (ORA) Dividend Coverage Ratio (2009 - 2026)
Ormat Technologies' Dividend Coverage Ratio came in at 3.76 for Q2 2026, down 2.5% from 3.85 a year earlier and down 36.0% from the prior quarter.
Ormat Technologies (ORA) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Ormat Technologies reported Dividend Coverage Ratio of 4.33, down 4.2% year-over-year; for FY2025, it came in at 4.26, up 0.2% from FY2024.
- Going back by year, Dividend Coverage Ratio was 4.25 in FY2024 (-2.9%), 4.38 in FY2023 (+80.5%), 2.43 in FY2022 (+5.4%) and 2.30 in FY2021 (-39.5%).
- The five-year range for quarterly Dividend Coverage Ratio is 1.67 (Q2 2022) to 5.87 (Q1 2026).
- Year-over-year, Dividend Coverage Ratio increased in five of the last eight quarters, with an average decline of 0.5%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q2 2023 (growth of 100.0%), and the weakest in Q3 2024 (a decline of 38.0%).
- Business Quant data shows ORA's Dividend Coverage Ratio at 5.87 (Q1 2026), 4.31 (Q4 2025) and 3.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 46.38 Bn | 39.58 Bn | - | 3.35 |
| 2 | AXIA Energia | 29.36 Bn | 16.29 Bn | 2.59 Bn | - |
| 3 | Nrg Energy | 20.40 Bn | 14.62 Bn | 2.01 Bn | 4.89 |
| 4 | Talen Energy | 14.54 Bn | 12.12 Bn | - | - |
| 5 | Enlight Renewable Energy | 9.08 Bn | 6.01 Bn | 117.49 Mn | 0.78 |
| 6 | Brookfield Renewable Partners | 7.61 Bn | 28.99 Bn | 927.00 Mn | -0.37 |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | - |
| 8 | Clearway Energy | 6.32 Bn | 8.88 Bn | - | 1.28 |
| 9 | Ormat Technologies | 5.56 Bn | 4.30 Bn | 68.70 Mn | 3.76 |
| 10 | ReNew Energy Global | 4.99 Bn | 3.86 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.76 |
| Mar 31, 2026 | 5.87 |
| Dec 31, 2025 | 4.31 |
| Sep 30, 2025 | 3.32 |
| Jun 30, 2025 | 3.85 |
| Mar 31, 2025 | 5.55 |
| Dec 31, 2024 | 5.62 |
| Sep 30, 2024 | 3.04 |
| Jun 30, 2024 | 3.03 |
| Mar 31, 2024 | 5.33 |
| Dec 31, 2023 | 4.95 |
| Sep 30, 2023 | 4.90 |
| Jun 30, 2023 | 3.35 |
| Mar 31, 2023 | 4.31 |
| Dec 31, 2022 | 2.59 |
| Sep 30, 2022 | 2.70 |
| Jun 30, 2022 | 1.67 |
| Mar 31, 2022 | 2.74 |
| Dec 31, 2021 | 2.66 |
| Sep 30, 2021 | 2.22 |
Ormat Technologies Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ORA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "ORA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=ORA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();