Ormat Historical Income Statement

ORA Stock  USD 80.08  0.70  0.88%   
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 Operating Income is expected to grow to about 174.9 M, whereas Interest Expense is forecasted to decline to about 56.4 M.

Total Revenue

Total revenue comprises all receipts Ormat Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Ormat Technologies financial statement analysis. It represents the amount of money remaining after all of Ormat Technologies operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 Operating Income is expected to grow to about 174.9 M, whereas Interest Expense is forecasted to decline to about 56.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit264.3M268.8M264.0M178.3M
Total Revenue663.1M734.2M829.4M516.5M

Ormat Technologies income statement Correlations

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Ormat Technologies Account Relationship Matchups

Ormat Technologies income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K151.1M178.7M204.0M231.0M242.5M
Interest Expense80.4M78.0M82.7M87.7M98.9M56.4M
Total Revenue746.0M705.3M663.1M734.2M829.4M516.5M
Gross Profit269.3M276.3M264.3M268.8M264.0M178.3M
Other Operating Expenses552.2M512.1M494.0M547.9M662.8M394.5M
Operating Income68.3M65.5M17.7M24.1M166.6M174.9M
Ebit216.9M246.7M186.2M183.4M238.0M249.9M
Research Development4.6M5.4M4.1M5.1M7.2M4.8M
Ebitda217.1M397.8M364.9M387.4M468.9M492.4M
Cost Of Revenue476.7M429.1M398.7M465.3M565.4M338.2M
Total Operating Expenses75.5M83.0M95.2M82.5M97.4M56.3M
Income Before Tax137.3M168.7M103.6M95.6M139.1M146.0M
Total Other Income Expense Net69.0M(45.3M)(65.8M)(57.2M)(27.5M)(26.1M)
Net Income88.1M85.5M62.1M65.8M124.4M130.6M
Income Tax Expense45.6M67.0M24.9M14.7M6.0M5.7M
Net Income Applicable To Common Shares88.1M85.5M62.1M65.8M75.7M45.1M
Minority Interest132.2M16.4M14.0M(12.0M)(7.8M)(7.4M)
Selling General Administrative55.8M60.2M75.9M61.3M68.2M44.0M
Selling And Marketing Expenses15.0M17.4M15.2M16.2M18.3M16.4M
Net Income From Continuing Ops93.5M83.9M65.9M77.8M114.5M64.4M
Tax Provision45.6M67.0M24.9M14.7M(11.0M)(10.4M)
Interest Income78.2M1.7M95.3M3.4M10.9M10.3M
Net Interest Income(78.9M)(76.2M)(80.5M)(84.3M)(86.1M)(90.4M)
Reconciled Depreciation148.8M156.6M183.0M198.8M216.2M180.8M

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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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.