Ormat Technologies (ORA) Operating Margin (2009 - 2025)
Ormat Technologies' quarterly Operating Margin came in at 15.42% in Q4 2025, down 585.0% year-on-year from 3.18% in Q4 2024, and down 4.77% quarter-over-quarter from 16.19% in Q3 2025.
Ormat Technologies has reported Operating Margin for 17 years, with the latest figure at 15.42% in Q4 2025.
- For the quarter ending Q4 2025, Operating Margin fell 585.0% year-over-year to 15.42%; the trailing twelve-month figure through Dec 2025 stood at 17.1% (down 251.0% YoY), and the FY2025 full-year result was 17.1%, down 251.0% from the prior year.
- Operating Margin for Q4 2025 stood at 15.42%, down from 16.19% in the prior quarter.
- The five-year high for Operating Margin was 29.99% in Q1 2021, with the low at 12.44% in Q2 2023.
- Average Operating Margin over 5 years is 20.63%, with a median of 21.33% recorded in 2024.
- Year-over-year, Operating Margin slumped 1402 bps in 2022 and surged 668 bps in 2023.
- Tracing ORA's Operating Margin over 5 years: stood at 28.72% in 2021, then slumped by 49 bps to 14.71% in 2022, then surged by 45 bps to 21.39% in 2023, then slipped by 1 bps to 21.27% in 2024, then declined by 28 bps to 15.42% in 2025.
- The last three Operating Margin figures came in at 15.42% (Q4 2025), 16.19% (Q3 2025), and 15.09% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating 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 | 43.00% |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | 15.42% |
| 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 | -110.61% |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 0.02% |
| 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 | -47.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15.42% |
| Sep 30, 2025 | 16.19% |
| Jun 30, 2025 | 15.09% |
| Mar 31, 2025 | 22.16% |
| Dec 31, 2024 | 21.27% |
| Sep 30, 2024 | 16.84% |
| Jun 30, 2024 | 16.49% |
| Mar 31, 2024 | 23.46% |
| Dec 31, 2023 | 21.39% |
| Sep 30, 2023 | 18.06% |
| Jun 30, 2023 | 12.44% |
| Mar 31, 2023 | 28.70% |
| Dec 31, 2022 | 14.71% |
| Sep 30, 2022 | 22.11% |
| Jun 30, 2022 | 22.83% |
| Mar 31, 2022 | 24.54% |
| Dec 31, 2021 | 28.72% |
| Sep 30, 2021 | 22.66% |
| Jun 30, 2021 | 19.48% |
| Mar 31, 2021 | 29.99% |
| Dec 31, 2020 | 29.65% |
| Sep 30, 2020 | 32.52% |
| Jun 30, 2020 | 27.49% |
| Mar 31, 2020 | 31.78% |
| Dec 31, 2019 | 28.31% |
| Sep 30, 2019 | 22.71% |
| Jun 30, 2019 | 25.47% |
| Mar 31, 2019 | 26.99% |
| Dec 31, 2018 | 35.69% |
| Sep 30, 2018 | 15.56% |
| Jun 30, 2018 | 20.55% |
| Mar 31, 2018 | 29.67% |
| Dec 31, 2017 | 29.09% |
| Sep 30, 2017 | 27.97% |
| Jun 30, 2017 | 29.63% |
| Mar 31, 2017 | 31.33% |
| Dec 31, 2016 | 30.76% |
| Sep 30, 2016 | 26.12% |
| Jun 30, 2016 | 32.46% |
| Mar 31, 2016 | 33.34% |
| Dec 31, 2015 | 66.99% |
| Sep 30, 2015 | 70.84% |
| Jun 30, 2015 | 27.51% |
| Mar 31, 2015 | 24.83% |
| Dec 31, 2014 | 62.19% |
| Sep 30, 2014 | 31.22% |
| Jun 30, 2014 | 17.50% |
| Mar 31, 2014 | 89.40% |
| Dec 31, 2013 | 46.82% |
| Sep 30, 2013 | 22.79% |
| Jun 30, 2013 | 58.28% |
| Mar 31, 2013 | 6.46% |
| Dec 31, 2012 | -592.93% |
| Sep 30, 2012 | 9.12% |
| Jun 30, 2012 | 54.39% |
| Mar 31, 2012 | 51.38% |
| Dec 31, 2011 | 37.49% |
| Sep 30, 2011 | 21.84% |
| Jun 30, 2011 | 82.71% |
| Mar 31, 2011 | 15.95% |
| Dec 31, 2010 | 4.57% |
| Sep 30, 2010 | 14.60% |
| Jun 30, 2010 | 8.40% |
| Mar 31, 2010 | 13.32% |
| Dec 31, 2009 | 9.02% |
| Sep 30, 2009 | 19.41% |
| Jun 30, 2009 | 40.97% |