Ormat Technologies (ORA)
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-04
$105.45+1.21%
Close 2026-09-04 · 1-day change
NYSEUtilitiesRenewable UtilitiesSnapshot 2026-09-04
QuarterlyIQ Insights · ORA
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within utilities on a research-validated quality screen. As of 2026-09-04.
The screen ranks ORA against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 4 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Utilities names rated strong grew net income 70% of the time over the next year (vs 63% for the rest of the cohort, n=1106).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue development and commercialization of EGS technology through pilot projects, partnerships, and new surface generation units.
Stated as a priority in 3 of last 3 quarters. Management detailed progress on EGS pilot projects with SLB and Sage Geosystems, including subsurface and surface technology advances like the Ormega100 unit. This recurring focus aligns with the company's strategic growth initiatives and shows delivering progress in technology development and commercialization.
“Advanced the company's EGS strategy through continued execution of two pilot programs and introduction of the Ormega100 surface generation unit.”
“Advanced our EGS strategy, making meaningful progress across both technology and commercial development.”
“Advancing Enhanced Geothermal Systems (EGS) through SLB joint venture and Sage investment and cooperation agreement.”
Expand energy storage portfolio through new capacity additions and capitalize on favorable merchant pricing to drive revenue growth.
Stated as a priority in 3 of last 3 quarters. Energy Storage revenues grew strongly, increasing 195.1% in 2026-Q2, 153.1% in 2026-Q1, and 140.5% in 2025-Q4 year-over-year, driven by new capacity and favorable merchant pricing. This consistent revenue growth demonstrates delivering progress on expanding the energy storage segment.
Sign long-term PPAs to support portfolio growth and revenue stability, including agreements with major customers like Google and Switch.
Stated as a priority in 3 of last 3 quarters. Management reported securing approximately 270MW of new PPAs including a 150MW portfolio PPA with Google and a 20-year 13MW PPA with Switch. These agreements provide long-term revenue visibility and support growth, indicating delivering progress on PPA expansion.
“Secured approximately 270MW of new Power Purchase Agreements including with Google and Switch.”
Continue paying quarterly dividends of $0.12 per share to shareholders as part of capital allocation policy.
Stated as a priority in 3 of last 3 quarters. The company consistently declared and paid quarterly dividends of $0.12 per share from 2025-Q4 through 2026-Q2, maintaining its capital allocation policy. This demonstrates delivering on dividend continuity.
Grow electricity generation capacity through new projects under construction and development backed by long-term PPAs.
Stated as a priority in 2 of last 3 quarters. Management reported expanding the generation portfolio by 155 MW and having 202 MW of projects under construction backed by long-term PPAs as of 2026-Q2. This indicates delivering progress on electricity generation capacity expansion.
“Expanded generation portfolio by 155 MW with new solar and geothermal projects; 202 MW under construction backed by long-term PPAs.”
Over the trailing year it converted 2.51x of net income into operating cash flow. Historically, Utilities names rated robust grew net income 72% of the time over the next year (vs 62% for the rest of the cohort, n=929).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, Fed net liquidity, long-term interest rates (low R² over the window).
4 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Utilities names rated stable grew net income 60% of the time over the next year (vs 69% for the rest of the cohort, n=176).
Not investment advice. As of 2026-09-04.
“Energy Storage revenues nearly tripled year-over-year, benefiting from favorable merchant pricing and new capacity additions.”
“Energy Storage segment revenue increased 153.1%, driven by capacity expansion and high asset availability.”
“Energy Storage revenues increased 140.5% in the fourth quarter and 109.3% for the full year 2025 compared to 2024.”
“Executed a 15-year geothermal portfolio PPA of up to 150MW to supply Google's data centers through NV Energy.”
“Signed a 20-year PPA with Switch for approximately 13MW from the Salt Wells power plant.”
“Board declared quarterly dividend of $0.12 per share, expected to pay $0.12 next quarter.”
“Board declared quarterly dividend of $0.12 per share, expected to pay $0.12 in next two quarters.”
“Board declared quarterly dividend of $0.12 per share, expected to pay $0.12 in next three quarters.”
“Acquisition of Hoku solar-plus-storage facility and commencement of commercial operations at Dominica geothermal power plant.”