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Ormat Technologies (ORA) EBITDA Margin (2009 - 2025)

Ormat Technologies' quarterly EBITDA Margin came in at 13.21% in Q4 2025, down 355.0% year-on-year from 5.18% in Q4 2024, and up 67.17% quarter-over-quarter from 7.9% in Q3 2025.

Ormat Technologies has reported EBITDA Margin for 17 years, with the latest figure at 13.21% in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA Margin fell 355.0% year-over-year to 13.21%; the trailing twelve-month figure through Dec 2025 stood at 13.19% (down 41.0% YoY), and the FY2025 full-year result was 12.99%, down 47.0% from the prior year.
  • EBITDA Margin for Q4 2025 stood at 13.21%, up from 7.9% in the prior quarter.
  • The five-year high for EBITDA Margin was 18.01% in Q1 2024, with the low at 6.56% in Q2 2022.
  • Average EBITDA Margin over 5 years is 12.27%, with a median of 12.42% recorded in 2025.
  • Year-over-year, EBITDA Margin slumped 785 bps in 2021 and jumped 793 bps in 2023.
  • Tracing ORA's EBITDA Margin over 5 years: stood at 8.64% in 2021, then jumped by 61 bps to 13.92% in 2022, then advanced by 2 bps to 14.24% in 2023, then grew by 18 bps to 16.77% in 2024, then slipped by 21 bps to 13.21% in 2025.
  • The last three EBITDA Margin figures came in at 13.21% (Q4 2025), 7.9% (Q3 2025), and 15.65% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 77.20%
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 79.38%
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 13.21%
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn -2.51%
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 5.65%
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn -6.18%
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -146.97%
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn -0.04%
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -41.00%
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn -46.45%

Historic Data

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DateValue
Dec 31, 2025 13.21%
Sep 30, 2025 7.90%
Jun 30, 2025 15.65%
Mar 31, 2025 16.40%
Dec 31, 2024 16.77%
Sep 30, 2024 9.09%
Jun 30, 2024 10.02%
Mar 31, 2024 18.01%
Dec 31, 2023 14.24%
Sep 30, 2023 14.92%
Jun 30, 2023 14.49%
Mar 31, 2023 14.23%
Dec 31, 2022 13.92%
Sep 30, 2022 10.64%
Jun 30, 2022 6.56%
Mar 31, 2022 10.61%
Dec 31, 2021 8.64%
Sep 30, 2021 11.62%
Jun 30, 2021 8.37%
Mar 31, 2021 10.19%
Dec 31, 2020 16.49%
Sep 30, 2020 8.87%
Jun 30, 2020 13.03%
Mar 31, 2020 12.76%
Dec 31, 2019 10.35%
Sep 30, 2019 7.33%
Jun 30, 2019 17.47%
Mar 31, 2019 11.95%
Dec 31, 2018 10.70%
Sep 30, 2018 6.63%
Jun 30, 2018 -0.97%
Mar 31, 2018 39.83%
Dec 31, 2017 39.64%
Sep 30, 2017 18.57%
Jun 30, 2017 4.91%
Mar 31, 2017 18.85%
Dec 31, 2016 16.28%
Sep 30, 2016 8.47%
Jun 30, 2016 13.97%
Mar 31, 2016 0.26%
Dec 31, 2015 44.76%
Sep 30, 2015 103.36%
Jun 30, 2015 13.33%
Mar 31, 2015 5.79%
Dec 31, 2014 8.68%
Sep 30, 2014 10.51%
Jun 30, 2014 3.93%
Mar 31, 2014 45.18%
Dec 31, 2013 18.01%
Sep 30, 2013 9.87%
Jun 30, 2013 39.20%
Mar 31, 2013 -4.27%
Dec 31, 2012 -613.50%
Sep 30, 2012 -0.23%
Jun 30, 2012 19.19%
Mar 31, 2012 15.86%
Dec 31, 2011 -93.81%
Sep 30, 2011 0.76%
Jun 30, 2011 33.70%
Mar 31, 2011 -46.24%
Dec 31, 2010 4.92%
Sep 30, 2010 31.87%
Jun 30, 2010 -5.72%
Mar 31, 2010 10.32%
Dec 31, 2009 17.22%
Sep 30, 2009 18.73%
Jun 30, 2009 41.82%