Ormat Technologies (ORA) Tax Rate (2009 - 2025)
Ormat Technologies' quarterly Tax Rate came in at 25.71% in Q4 2025, up 1141.0% year-on-year from 2.07% in Q4 2024, and down 19.86% quarter-over-quarter from 21.45% in Q3 2025.
Ormat Technologies has reported Tax Rate for 17 years, with the latest figure at 25.71% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate rose 1141.0% year-over-year to 25.71%; the trailing twelve-month figure through Dec 2025 stood at 19.18% (down 506.0% YoY), and the FY2025 full-year result was 19.18%, down 506.0% from the prior year.
- Tax Rate for Q4 2025 stood at 25.71%, down from 21.45% in the prior quarter.
- The five-year high for Tax Rate was 31.39% in Q1 2022, with the low at 67.78% in Q4 2022.
- Average Tax Rate over 5 years is 7.43%, with a median of 7.46% recorded in 2024.
- Year-over-year, Tax Rate surged 8454 bps in 2023 and slumped 5388 bps in 2024.
- Tracing ORA's Tax Rate over 5 years: stood at 63.9% in 2021, then declined by 6 bps to 67.78% in 2022, then surged by 125 bps to 16.76% in 2023, then sank by 321 bps to 37.11% in 2024, then surged by 31 bps to 25.71% in 2025.
- The last three Tax Rate figures came in at 25.71% (Q4 2025), 21.45% (Q3 2025), and 24.89% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 193.97 Bn | 191.26 Bn | 1.44 Bn | - |
| 2 | Enlight Renewable Energy | 13.10 Bn | 12.57 Bn | 85.64 Mn | 29.44 |
| 3 | Ormat Technologies | 8.30 Bn | 8.16 Bn | 78.83 Mn | -25.71 |
| 4 | Fluence Energy | 3.60 Bn | 3.28 Bn | 46.63 Mn | -5.57 |
| 5 | Clearway Energy | 1.42 Bn | 4.77 Bn | 220.00 Mn | 2.86 |
| 6 | XPLR Infrastructure | 1.16 Bn | 8.69 Bn | 141.00 Mn | 51.52 |
| 7 | Energy Vault Holdings | 916.05 Mn | 870.62 Mn | 4.79 Mn | 0.00 |
| 8 | Ellomay Capital | 782.29 Mn | 671.00 Mn | 1.49 Mn | 15.23 |
| 9 | ReNew Energy Global | 342.92 Mn | 58.95 Mn | 269.00 Mn | - |
| 10 | Nextnrg | 90.54 Mn | 87.86 Mn | 1.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -25.71 |
| Dec 31, 2025 | -25.71 |
| Sep 30, 2025 | -21.45 |
| Sep 30, 2025 | -21.45 |
| Jun 30, 2025 | -24.89 |
| Jun 30, 2025 | -24.89 |
| Mar 31, 2025 | -10.09 |
| Mar 31, 2025 | -10.09 |
| Dec 31, 2024 | -37.11 |
| Dec 31, 2024 | -37.11 |
| Sep 30, 2024 | -4.82 |
| Sep 30, 2024 | -4.82 |
| Jun 30, 2024 | -16.25 |
| Jun 30, 2024 | -16.25 |
| Mar 31, 2024 | -0.37 |
| Mar 31, 2024 | -0.37 |
| Dec 31, 2023 | 16.76 |
| Dec 31, 2023 | 16.76 |
| Sep 30, 2023 | -24.10 |
| Sep 30, 2023 | -24.10 |
| Jun 30, 2023 | -21.32 |
| Jun 30, 2023 | -21.32 |
| Mar 31, 2023 | 21.12 |
| Mar 31, 2023 | 21.12 |
| Dec 31, 2022 | -67.78 |
| Dec 31, 2022 | -67.78 |
| Sep 30, 2022 | 26.14 |
| Sep 30, 2022 | 26.14 |
| Jun 30, 2022 | 27.08 |
| Jun 30, 2022 | 27.08 |
| Mar 31, 2022 | 31.39 |
| Mar 31, 2022 | 31.39 |
| Dec 31, 2021 | -63.90 |
| Dec 31, 2021 | -63.90 |
| Sep 30, 2021 | 9.23 |
| Sep 30, 2021 | 9.23 |
| Jun 30, 2021 | 22.63 |
| Jun 30, 2021 | 22.63 |
| Mar 31, 2021 | 14.82 |
| Mar 31, 2021 | 14.82 |
| Dec 31, 2020 | -27.00 |
| Dec 31, 2020 | -27.00 |
| Sep 30, 2020 | 38.81 |
| Sep 30, 2020 | 38.81 |
| Jun 30, 2020 | 33.26 |
| Jun 30, 2020 | 33.26 |
| Mar 31, 2020 | 37.20 |
| Mar 31, 2020 | 37.20 |
| Dec 31, 2019 | 62.01 |
| Dec 31, 2019 | 62.01 |
| Sep 30, 2019 | 40.74 |
| Sep 30, 2019 | 40.74 |
| Jun 30, 2019 | -11.22 |
| Jun 30, 2019 | -11.22 |
| Mar 31, 2019 | 34.14 |
| Mar 31, 2019 | 34.14 |
| Dec 31, 2018 | 64.99 |
| Dec 31, 2018 | 64.99 |
| Sep 30, 2018 | 10.38 |
| Sep 30, 2018 | 10.38 |
| Jun 30, 2018 | 92.76 |
| Jun 30, 2018 | 92.76 |
| Mar 31, 2018 | -58.44 |
| Mar 31, 2018 | -58.44 |
| Dec 31, 2017 | -70.78 |
| Dec 31, 2017 | -70.78 |
| Sep 30, 2017 | 18.61 |
| Sep 30, 2017 | 18.61 |
| Jun 30, 2017 | 72.75 |
| Jun 30, 2017 | 72.75 |
| Mar 31, 2017 | 21.07 |
| Mar 31, 2017 | 21.07 |
| Dec 31, 2016 | 20.05 |
| Dec 31, 2016 | 20.05 |
| Sep 30, 2016 | 41.69 |
| Sep 30, 2016 | 41.69 |
| Jun 30, 2016 | 25.07 |
| Jun 30, 2016 | 25.07 |
| Mar 31, 2016 | -0.97 |
| Mar 31, 2016 | -0.97 |
| Dec 31, 2015 | 31.59 |
| Dec 31, 2015 | 31.59 |
| Sep 30, 2015 | -99.04 |
| Sep 30, 2015 | -99.04 |
| Jun 30, 2015 | 27.14 |
| Jun 30, 2015 | 27.14 |
| Mar 31, 2015 | 33.08 |
| Mar 31, 2015 | 33.08 |
| Dec 31, 2014 | 51.92 |
| Dec 31, 2014 | 51.92 |
| Sep 30, 2014 | 26.72 |
| Sep 30, 2014 | 26.72 |
| Jun 30, 2014 | 34.51 |
| Jun 30, 2014 | 34.51 |
| Mar 31, 2014 | 22.33 |
| Mar 31, 2014 | 22.33 |
| Dec 31, 2013 | -21.15 |
| Dec 31, 2013 | -21.15 |
| Sep 30, 2013 | 28.11 |
| Sep 30, 2013 | 28.11 |
| Jun 30, 2013 | 21.28 |
| Jun 30, 2013 | 21.28 |
| Mar 31, 2013 | -268.55 |
| Mar 31, 2013 | -268.55 |
| Dec 31, 2012 | -3.53 |
| Dec 31, 2012 | -3.53 |
| Sep 30, 2012 | -1,265.12 |
| Sep 30, 2012 | -1,265.12 |
| Jun 30, 2012 | -33.56 |
| Jun 30, 2012 | -33.56 |
| Mar 31, 2012 | -40.06 |
| Mar 31, 2012 | -40.06 |
| Dec 31, 2011 | 738.77 |
| Dec 31, 2011 | 738.77 |
| Sep 30, 2011 | -39.66 |
| Sep 30, 2011 | -39.66 |
| Jun 30, 2011 | -13.79 |
| Jun 30, 2011 | -13.79 |
| Mar 31, 2011 | -7.36 |
| Mar 31, 2011 | -7.36 |
| Dec 31, 2010 | 270.54 |
| Dec 31, 2010 | 270.54 |
| Sep 30, 2010 | 26.86 |
| Sep 30, 2010 | 26.86 |
| Jun 30, 2010 | 56.96 |
| Jun 30, 2010 | 56.96 |
| Mar 31, 2010 | 50.16 |
| Mar 31, 2010 | 50.16 |
| Dec 31, 2009 | 13.67 |
| Dec 31, 2009 | 13.67 |
| Sep 30, 2009 | 12.74 |
| Sep 30, 2009 | 12.74 |
| Jun 30, 2009 | 21.40 |
| Jun 30, 2009 | 21.40 |