Ormat Technologies (ORA) Tax Rate (2009 - 2023)
Ormat Technologies (ORA) reported Tax Rate of 16.76% for Q4 2023.
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Analysis
Ormat Technologies (ORA) Tax Rate (2009 - 2023) Analysis & Trends
For FY2023, Ormat Technologies posted Tax Rate of 4.30%, down 11.12 percentage points from FY2022.
- Tax Rate has declined for three consecutive years, with a five-year change of -21.02 percentage points (FY2018 to FY2023).
- By year, Tax Rate came in at 15.42% in FY2022 (-8.58 pp), 24.00% in FY2021 (-15.72 pp), 39.71% in FY2020 (+6.49 pp) and 33.22% in FY2019 (+7.90 pp).
- The Q4 2023 figure ranks as the lowest quarterly Tax Rate since Q3 2021.
- Year over year, Tax Rate gained in three of the last four quarters, with an average year-over-year change of +6.91 percentage points.
- The high point for year-over-year Tax Rate in five years was Q3 2019 (a gain of 30.36 percentage points); the low point was Q3 2021 (a drop of 29.58 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 93.12 Bn | 84.02 Bn | - | 44.22% |
| 2 | Vistra | 45.45 Bn | 38.63 Bn | - | 28.57% |
| 3 | AXIA Energia | 24.36 Bn | 11.34 Bn | 2.59 Bn | 2.17% |
| 4 | Nrg Energy | 19.97 Bn | 14.19 Bn | 2.01 Bn | 23.68% |
| 5 | Talen Energy | 15.30 Bn | 12.86 Bn | - | - |
| 6 | Enlight Renewable Energy | 8.23 Bn | 4.78 Bn | 117.49 Mn | 24.69% |
| 7 | Brookfield Renewable Partners | 7.98 Bn | -17.18 Bn | 927.00 Mn | - |
| 8 | Ormat Technologies | 5.66 Bn | 4.26 Bn | 68.70 Mn | - |
| 9 | Oklo | 4.14 Bn | -2.68 Bn | - | - |
| 10 | Transalta | 3.79 Bn | 2.69 Bn | 313.03 Mn | 32.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 16.76% |
| Mar 31, 2023 | 21.12% |
| Sep 30, 2022 | 26.14% |
| Jun 30, 2022 | 27.08% |
| Mar 31, 2022 | 31.39% |
| Dec 31, 2021 | 36.78% |
| Sep 30, 2021 | 9.23% |
| Jun 30, 2021 | 22.63% |
| Mar 31, 2021 | 14.82% |
| Dec 31, 2020 | 48.31% |
| Sep 30, 2020 | 38.81% |
| Jun 30, 2020 | 33.26% |
| Mar 31, 2020 | 37.20% |
| Dec 31, 2019 | 62.01% |
| Sep 30, 2019 | 40.74% |
| Mar 31, 2019 | 34.14% |
| Dec 31, 2018 | 64.99% |
| Sep 30, 2018 | 10.38% |
| Jun 30, 2018 | 92.76% |
| Sep 30, 2017 | 18.61% |
API Access
Ormat Technologies Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=ORA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "ORA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=ORA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();