Ormat Historical Income Statement

ORA Stock  USD 63.15  0.26  0.41%   
Historical analysis of Ormat Technologies income statement accounts such as Gross Profit of 178.3 M can show how well Ormat Technologies performed in making a profits. Evaluating Ormat Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ormat Technologies's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ormat Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ormat Technologies is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

About Ormat Income Statement Analysis

Ormat Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ormat Technologies shareholders. The income statement also shows Ormat investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ormat Technologies Income Statement Chart

At present, Ormat Technologies' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 119.4 M, whereas Total Revenue is forecasted to decline to about 516.5 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Ormat Technologies minus its cost of goods sold. It is profit before Ormat Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ormat Technologies. It is also known as Ormat Technologies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Ormat Technologies operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ormat Technologies is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Ormat Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ormat Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.At present, Ormat Technologies' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 119.4 M, whereas Total Revenue is forecasted to decline to about 516.5 M.
 2022 2023 2024 2025 (projected)
Gross Profit268.8M264.0M303.6M178.3M
Total Revenue734.2M829.4M953.8M516.5M

Ormat Technologies income statement Correlations

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0.350.730.940.980.40.710.380.660.980.930.530.020.50.140.150.80.61-0.080.42-0.20.010.36-0.5-0.40.62
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0.440.760.980.860.330.640.520.661.00.940.42-0.050.40.10.10.790.66-0.120.32-0.070.040.26-0.44-0.450.67
0.050.370.40.470.330.59-0.140.410.340.250.830.680.87-0.04-0.090.220.32-0.350.85-0.61-0.130.0-0.540.060.17
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0.490.450.380.130.52-0.140.10.350.510.55-0.11-0.28-0.170.2-0.090.40.45-0.22-0.240.580.33-0.05-0.18-0.40.53
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0.160.420.530.670.420.830.81-0.110.610.410.470.670.970.230.160.560.21-0.280.96-0.750.20.41-0.55-0.270.4
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0.180.40.50.620.40.870.77-0.170.610.40.420.970.66-0.010.080.50.21-0.330.99-0.790.170.22-0.54-0.20.4
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0.520.60.80.810.790.220.780.40.80.760.920.56-0.050.50.180.110.29-0.170.46-0.280.390.46-0.41-0.690.85
0.290.60.610.450.660.320.230.450.320.670.580.210.040.210.08-0.150.29-0.130.16-0.02-0.350.01-0.26-0.120.26
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0.130.310.420.570.320.850.73-0.240.540.310.350.960.710.990.00.090.460.16-0.29-0.850.170.24-0.5-0.210.36
0.06-0.02-0.2-0.4-0.07-0.61-0.540.58-0.32-0.07-0.11-0.75-0.57-0.790.12-0.09-0.28-0.020.08-0.85-0.08-0.250.320.1-0.17
0.330.030.01-0.010.04-0.130.40.330.450.020.150.2-0.050.170.10.190.39-0.35-0.370.17-0.080.2-0.29-0.520.57
-0.250.040.360.550.260.00.51-0.050.190.230.380.410.120.220.730.530.460.010.240.24-0.250.2-0.3-0.260.07
-0.2-0.32-0.5-0.54-0.44-0.54-0.72-0.18-0.58-0.44-0.4-0.55-0.03-0.54-0.070.27-0.41-0.260.31-0.50.32-0.29-0.30.17-0.39
-0.7-0.61-0.4-0.34-0.450.06-0.48-0.4-0.72-0.41-0.59-0.270.13-0.2-0.18-0.07-0.69-0.120.33-0.210.1-0.52-0.260.17-0.81
0.80.670.620.510.670.170.640.530.870.650.770.4-0.130.4-0.06-0.130.850.26-0.460.36-0.170.570.07-0.39-0.81
Click cells to compare fundamentals

Ormat Technologies Account Relationship Matchups

Ormat Technologies income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization151.1M178.7M204.0M231.0M265.6M278.9M
Interest Expense78.0M82.7M87.7M98.9M113.7M119.4M
Total Revenue705.3M663.1M734.2M829.4M953.8M516.5M
Gross Profit276.3M264.3M268.8M264.0M303.6M178.3M
Other Operating Expenses512.1M494.0M547.9M662.8M762.3M394.5M
Operating Income65.5M17.7M24.1M166.6M191.6M201.2M
Ebit246.7M186.2M183.4M238.0M273.7M287.3M
Research Development5.4M4.1M5.1M7.2M8.3M4.8M
Ebitda397.8M364.9M387.4M468.9M539.3M566.2M
Cost Of Revenue429.1M398.7M465.3M565.4M650.2M338.2M
Total Operating Expenses83.0M95.2M82.5M97.4M112.0M56.3M
Income Before Tax168.7M103.6M95.6M139.1M159.9M167.9M
Total Other Income Expense Net(45.3M)(65.8M)(57.2M)(27.5M)(24.8M)(23.5M)
Net Income85.5M62.1M65.8M124.4M143.1M150.2M
Income Tax Expense67.0M24.9M14.7M6.0M6.9M6.5M
Net Income Applicable To Common Shares88.1M85.5M62.1M65.8M75.7M45.1M
Minority Interest16.4M14.0M(12.0M)(7.8M)(9.0M)(8.5M)
Selling General Administrative60.2M75.9M61.3M68.2M78.4M44.0M
Selling And Marketing Expenses17.4M15.2M16.2M18.3M21.1M16.4M
Net Income From Continuing Ops83.9M65.9M77.8M114.5M131.7M138.3M
Tax Provision67.0M24.9M14.7M(11.0M)(12.6M)(12.0M)
Interest Income1.7M95.3M3.4M10.9M9.8M9.3M
Net Interest Income(76.2M)(80.5M)(84.3M)(86.1M)(77.5M)(81.3M)
Reconciled Depreciation156.6M183.0M198.8M216.2M248.7M180.8M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ormat Technologies. If investors know Ormat will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ormat Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.39)
Dividend Share
0.48
Earnings Share
1.96
Revenue Per Share
14.733
Quarterly Revenue Growth
0.018
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.