Ormat Technologies (ORA) Operating Margin (2009 - 2026)
Ormat Technologies (ORA) posted quarterly Operating Margin of 15.42% for Q4 2025, down 585.0% year-over-year from 3.18% in Q4 2024, and down 4.77% quarter-over-quarter from 16.19% in Q3 2025.
Ormat Technologies (ORA) Operating Margin (2009 - 2026) Analysis & Trends
Ormat Technologies' Operating Margin history runs 17 years deep, the most recent figure standing at 15.42% for Q4 2025.
- In Q4 2025, Operating Margin fell 585.0% year-over-year to 15.42%; the TTM figure through Dec 2025 stood at 17.1% (down 251.0% YoY), while the FY2025 annual figure 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.
- The 5-year median for Operating Margin is 21.33% (2024), against an average of 20.63%.
- The sharpest annual moves came in 2022 and 2023: Operating Margin sank 1402 bps in 2022, then surged 668 bps in 2023.
- Ormat Technologies' Operating Margin stood at 28.72% in 2021, then slumped by 49 bps to 14.71% in 2022, then soared by 45 bps to 21.39% in 2023, then retreated by 1 bps to 21.27% in 2024, then slipped by 28 bps to 15.42% in 2025.
- Business Quant data shows ORA's Operating Margin at 15.42% in Q4 2025, 16.19% in Q3 2025, and 15.09% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.89 Bn | 10.73 Bn | 117.49 Mn | 54.78% |
| 2 | Ormat Technologies | 6.93 Bn | 6.27 Bn | 68.70 Mn | 13.22% |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | -14.87% |
| 4 | Clearway Energy | 3.77 Bn | 3.43 Bn | 332.00 Mn | 24.12% |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 3.83% |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -4.58% |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.92 Mn | - | 16.53% |
| 8 | Energy Vault Holdings | 678.26 Mn | 609.51 Mn | 4.79 Mn | -110.61% |
| 9 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | 43.52% |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 13.22% |
| 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% |