GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Ormat Technologies Inc (NYSE:ORA) » Definitions » Net Margin %

ORA (Ormat Technologies) Net Margin % : 10.43% (As of Sep. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Ormat Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Ormat Technologies's Net Income for the three months ended in Sep. 2024 was $22.1 Mil. Ormat Technologies's Revenue for the three months ended in Sep. 2024 was $211.8 Mil. Therefore, Ormat Technologies's net margin for the quarter that ended in Sep. 2024 was 10.43%.

The historical rank and industry rank for Ormat Technologies's Net Margin % or its related term are showing as below:

ORA' s Net Margin % Range Over the Past 10 Years
Min: 8.97   Med: 12.76   Max: 20.24
Current: 13.33


ORA's Net Margin % is ranked better than
59.33% of 418 companies
in the Utilities - Independent Power Producers industry
Industry Median: 9.355 vs ORA: 13.33

Ormat Technologies Net Margin % Historical Data

The historical data trend for Ormat Technologies's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ormat Technologies Net Margin % Chart

Ormat Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.81 12.12 9.36 8.97 15.00

Ormat Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.04 14.80 17.21 10.44 10.43

Competitive Comparison of Ormat Technologies's Net Margin %

For the Utilities - Renewable subindustry, Ormat Technologies's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ormat Technologies's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Ormat Technologies's Net Margin % falls into.



Ormat Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Ormat Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=124.399/829.424
=15.00 %

Ormat Technologies's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=22.082/211.784
=10.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ormat Technologies  (NYSE:ORA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ormat Technologies Net Margin % Related Terms

Thank you for viewing the detailed overview of Ormat Technologies's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ormat Technologies Business Description

Address
6140 Plumas Street, Reno, NV, USA, 89519-6075
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Executives
Stanley Stern director C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022
David Granot director 6225 NEIL ROAD, RENO NV 89511
Byron G. Wong director 2 TRAILS END, WESTPORT CT 06880
Dafna Sharir director C/O AMPAL AMERICAN ISRAEL CORP, 111 ARLOZOROV STREET, TEL AVIV ISREL L3 00000
Michal Marom director 6140 PLUMAS STREET, RENO NV 89519
Isaac Angel officer: CEO Appointee 2099 GATEWAY PLACE, SUITE 600 CA 95110
Doron Blachar officer: CFO 6225 NEIL ROAD, RENO NV 89511
Orix Corp 10 percent owner WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135
Shimon Hatzir officer: VP, Elect. & Conceptual Engin. 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Shlomi Argas officer: V.P., Projects 6225 NEIL ROAD, RENO NV 89511
Karin Corfee director 6140 PLUMAS STREET, RENO NV 89519
Dan Falk director 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511
Jessica Woelfel officer: General Counsel and CCO 6140 PLUMAS STREET, RENO NV 89519
Mike Nikkel director 6140 PLUMAS STREET, RENO NV 89519
Zvi Krieger officer: VP, Geothermal Enginerring 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511