Ormat Technologies Inc
NYSE:ORA

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Ormat Technologies Inc
NYSE:ORA
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Price: 74.33 USD 0.94% Market Closed
Market Cap: 4.5B USD

Gross Margin
Ormat Technologies Inc

30.1%
Current
34%
Average
33.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
30.1%
=
Gross Profit
266.7m
/
Revenue
885.3m

Gross Margin Across Competitors

Ormat Technologies Inc
Glance View

Economic Moat
None
Market Cap
4.5B USD
Industry
Utilities

Ormat Technologies Inc. is a fascinating player in the renewable energy sector, distinguished by its focus on geothermal energy production. Headquartered in Reno, Nevada, Ormat has carved out a niche for itself by capitalizing on the Earth's natural heat to generate electricity. Unlike traditional solar or wind energy companies, Ormat taps into geothermal resources, which are considered a more reliable and constant source of renewable energy. This stability is derived from the fact that geothermal energy is largely unaffected by weather conditions, allowing Ormat to offer a steady stream of power generation. Their operational expertise spans across various geographies, including the United States, Kenya, and several other countries, underscoring the global demand for sustainable energy solutions. Ormat’s business model is multifaceted, encompassing both the construction and operation of its geothermal power plants, in addition to providing equipment to other energy companies. This dual approach not only diversifies its revenue streams but also positions Ormat as a leader in geothermal technology solutions. The company's revenues are largely drawn from the sale of electricity under long-term power purchase agreements, ensuring predictable income over extended periods. Furthermore, Ormat designs, builds, and sells power plants and geothermal equipment, thereby expanding its footprint in the industry and reinforcing its role as a crucial conduit for renewable energy. This blend of generating and technology sales empowers Ormat to remain resilient in the dynamic energy market, safeguarding its position as a pioneer in the sustainable energy frontier.

ORA Intrinsic Value
72.35 USD
Overvaluation 3%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
30.1%
=
Gross Profit
266.7m
/
Revenue
885.3m
What is the Gross Margin of Ormat Technologies Inc?

Based on Ormat Technologies Inc's most recent financial statements, the company has Gross Margin of 30.1%.

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