← ORMAT TECHNOLOGIES, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $662.6m |
$692.8m
+4.56%
|
$719.3m
+3.82%
|
$746.0m
+3.72%
|
$705.3m
-5.46%
|
$663.1m
-5.99%
|
$734.2m
+10.72%
|
$829.4m
+12.98%
|
$879.7m
+6.06%
|
$989.5m
+12.49%
|
$1.2b
+20.10%
|
|
| Cost of Revenue | $391.8m |
$424.4m
+8.31%
|
$448.8m
+5.77%
|
$476.7m
+6.21%
|
$429.1m
-10.00%
|
$398.7m
-7.07%
|
$465.3m
+16.70%
|
$565.4m
+21.51%
|
$607.0m
+7.36%
|
$716.9m
+18.09%
|
$856.5m
+19.48%
|
|
| Gross Profit | $270.8m |
$268.5m
-0.87%
|
$270.4m
+0.74%
|
$269.3m
-0.41%
|
$276.3m
+2.58%
|
$264.3m
-4.32%
|
$268.8m
+1.70%
|
$264.0m
-1.79%
|
$272.6m
+3.26%
|
$272.7m
+0.02%
|
$331.9m
+21.73%
|
|
| Research and Development Expense | $2.8m | $3.2m | $4.2m | $4.6m | $5.4m | $4.1m | $5.1m | $7.2m | $6.5m | $6.3m | $5.0m | |
| Selling and Marketing Expense | $16.4m | $15.6m | $19.8m | $15.0m | $17.4m | $15.2m | $16.2m | $18.3m | $17.7m | $18.9m | $112.2m | |
| General and Administrative Expense | $46.7m | $42.9m | $47.8m | $55.8m | $60.2m | $75.9m | $61.3m | $68.2m | $80.1m | $79.6m | $90.3m | |
| Amortization of Intangible Assets | $4.4m | $6.9m | $11.2m | $13.3m | $14.4m | $21.7m | $27.2m | $26.8m | $27.8m | $25.4m | — | |
| Operating Lease, Lease Income | — | — | — | $479.1m | — | — | — | — | — | — | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $201.9m |
$205.0m
+1.55%
|
$185.1m
-9.71%
|
$193.8m
+4.69%
|
$214.0m
+10.43%
|
$169.4m
-20.87%
|
$152.8m
-9.77%
|
$166.6m
+9.02%
|
$172.5m
+3.53%
|
$169.2m
-1.88%
|
$227.3m
+34.32%
|
|
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | $9.4m | $14.8m | — | |
| Interest Expense | $67.4m | $54.1m | $70.9m | $80.4m | $78.0m | $82.7m | $87.7m | $98.9m | — | — | $159.6m | |
| Investment Income, Interest | $971k | $988k | $974k | $1.5m | $1.7m | $2.1m | $3.4m | $12.0m | $7.9m | $6.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($5.5m) | $2.7m | ($4.8m) | $624k | $3.8m | ($14.7m) | ($6.0m) | ($3.3m) | ($4.2m) | $5.2m | — | |
| Other Nonoperating Income (Expense) | ($5.3m) | ($1.7m) | $7.8m | $880k | $1.4m | ($134k) | ($709k) | $1.5m | $188k | $385k | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $134.0m | $141.9m | $159.6m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($7.1m) | $13.7m | $14.1m | $14.2m | $43.3m | $37.0m | $23.7m | $54.0m | $37.0m | $17.6m | $92.0m | |
| Current Income Tax Expense (Benefit) | $13.8m | $55.2m | $15.4m | $17.1m | $61.9m | $25.5m | $32.2m | $34.2m | $24.5m | $22.9m | ($36.2m) | |
| Income Tax Expense (Benefit) | $31.8m | $21.7m | $34.7m | $45.6m | $67.0m | $24.9m | $14.7m | $6.0m | ($16.3m) | ($20.3m) | ($36.2m) | |
| Net Income (Loss) Attributable to Parent | $93.9m |
$132.4m
+40.97%
|
$98.0m
-26.02%
|
$88.1m
-10.08%
|
$85.5m
-3.00%
|
$62.1m
-27.34%
|
$65.8m
+6.04%
|
$124.4m
+88.94%
|
$123.7m
-0.54%
|
$123.9m
+0.13%
|
$126.6m
+2.22%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $7.6m | $14.7m | $12.1m | $5.4m | $16.4m | $14.0m | $12.0m | $8.7m | $7.5m | $3.1m | $126.6m | |
| Earnings Per Share, Basic | $1.90 | $2.64 | $1.93 | $1.73 | $1.66 | $1.11 | $1.17 | $2.09 | $2.05 | $2.04 | $2.07 | |
| Earnings Per Share, Diluted | $1.87 | $2.61 | $1.92 | $1.72 | $1.65 | $1.10 | $1.17 | $2.08 | $2.04 | $2.02 | $2.04 | |
| Common Stock, Dividends, Per Share, Declared | $0.52 | $0.41 | $0.53 | $0.44 | — | — | — | $0.48 | $0.48 | $0.48 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 49.5m | 50.1m | 50.6m | 50.9m | 51.6m | 56.0m | 56.1m | 59.4m | 60.5m | 60.7m | 61.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 50.1m | 50.8m | 51.0m | 51.2m | 51.9m | 56.4m | 56.5m | 59.8m | 60.8m | 61.4m | 62.2m | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | $0 | $13.5m | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $29.9m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $101.5m | $147.1m | $110.1m | — | — | — | — | — | — | — | — |