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Growth Metrics

Ormat Technologies (ORA) Return on Capital Employed (2010 - 2025)

Ormat Technologies' quarterly Return on Capital Employed came in at 3.12% in Q4 2025, down 31.0% year-on-year from 4.52% in Q4 2024, and down 4.28% quarter-over-quarter from 3.25% in Q3 2025.

Ormat Technologies has reported Return on Capital Employed for 16 years, with the latest figure at 3.12% in Q4 2025.

  • For the quarter ending Q4 2025, Return on Capital Employed fell 31.0% year-over-year to 3.12%; the trailing twelve-month figure through Dec 2025 stood at 3.12% (down 31.0% YoY), and the FY2025 full-year result was 3.24%, down 32.0% from the prior year.
  • Return on Capital Employed for Q4 2025 stood at 3.12%, down from 3.25% in the prior quarter.
  • The five-year high for Return on Capital Employed was 5.6% in Q1 2021, with the low at 3.12% in Q4 2025.
  • Average Return on Capital Employed over 5 years is 3.86%, with a median of 3.6% recorded in 2023.
  • Year-over-year, Return on Capital Employed sank 194 bps in 2021 and surged 39 bps in 2024.
  • Tracing ORA's Return on Capital Employed over 5 years: stood at 4.4% in 2021, then slipped by 14 bps to 3.78% in 2022, then dropped by 4 bps to 3.64% in 2023, then declined by 6 bps to 3.43% in 2024, then dropped by 9 bps to 3.12% in 2025.
  • The last three Return on Capital Employed figures came in at 3.12% (Q4 2025), 3.25% (Q3 2025), and 3.29% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 26.54%
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn -
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 3.12%
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 5.96%
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 1.14%
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.17%
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn -33.28%
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 2.19%
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 394.73%

Historic Data

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DateValue
Dec 31, 2025 3.12%
Sep 30, 2025 3.25%
Jun 30, 2025 3.29%
Mar 31, 2025 3.33%
Dec 31, 2024 3.43%
Sep 30, 2024 3.51%
Jun 30, 2024 3.55%
Mar 31, 2024 3.45%
Dec 31, 2023 3.64%
Sep 30, 2023 3.25%
Jun 30, 2023 3.16%
Mar 31, 2023 3.79%
Dec 31, 2022 3.78%
Sep 30, 2022 4.26%
Jun 30, 2022 4.23%
Mar 31, 2022 4.29%
Dec 31, 2021 4.40%
Sep 30, 2021 4.72%
Jun 30, 2021 5.10%
Mar 31, 2021 5.60%
Dec 31, 2020 6.19%
Sep 30, 2020 6.66%
Jun 30, 2020 6.68%
Mar 31, 2020 7.23%
Dec 31, 2019 6.73%
Sep 30, 2019 7.21%
Jun 30, 2019 6.73%
Mar 31, 2019 6.43%
Dec 31, 2018 6.78%
Sep 30, 2018 6.29%
Jun 30, 2018 7.31%
Mar 31, 2018 8.13%
Dec 31, 2017 8.99%
Sep 30, 2017 8.98%
Jun 30, 2017 9.26%
Mar 31, 2017 9.27%
Dec 31, 2016 9.26%
Sep 30, 2016 9.63%
Jun 30, 2016 9.55%
Mar 31, 2016 8.87%
Dec 31, 2015 7.84%
Sep 30, 2015 7.13%
Jun 30, 2015 7.31%
Mar 31, 2015 6.86%
Dec 31, 2014 7.39%
Sep 30, 2014 6.64%
Jun 30, 2014 6.08%
Mar 31, 2014 6.81%
Dec 31, 2013 4.90%
Sep 30, 2013 -7.43%
Jun 30, 2013 -8.47%
Mar 31, 2013 -9.47%
Dec 31, 2012 -8.30%
Sep 30, 2012 3.81%
Jun 30, 2012 4.34%
Mar 31, 2012 4.06%
Dec 31, 2011 3.09%
Sep 30, 2011 2.58%
Jun 30, 2011 2.12%
Mar 31, 2011 1.27%
Dec 31, 2010 1.26%
Sep 30, 2010 1.53%