Ormat TechnologiesORA -2.34%85 Dividend Payout Ratio is 0.09 as of Mar. 2026, which is 64% below its 10-year median of 0.25. GuruFocus rates ORA with a GF Score™ of 85/100 and a GF Value™ of $101.58 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 181 Utilities - Independent Power Producers companies, Ormat Technologies ranks better than 85.64% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Ormat Technologies's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.09.
The historical rank and industry rank for Ormat Technologies's Dividend Payout Ratio or its related term are showing as below:
ORA'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.16 Med: 0.25 Max: 0.35
Current: 0.17
During the past 13 years, the highest Dividend Payout Ratio of Ormat Technologies was 0.35. The lowest was 0.16. And the median was 0.25.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.30% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 2.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Ormat Technologies was 86.60% per year. The lowest was -33.30% per year. And the median was 2.90% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Ormat Technologies (NYSE:ORA) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Ormat Technologies Dividend Payout Ratio Related Terms
Ormat Technologies Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Ormat Technologies's Dividend Payout Ratio 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.
ORA vs MWH, CWEN, FRVO: Dividend Payout Ratio Comparison
For the Utilities - Renewable subindustry, Ormat Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's Dividend Payout Ratio falls into.
Ormat Technologies Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Ormat Technologies's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (ORA) has a Dividend Payout Ratio of 0.09 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ormat Technologies and its competitors. This is 64% below median its historical median of 0.25. Over the past decade, Ormat Technologies' Dividend Payout Ratio has ranged from 0.16 to 0.35. According to the industry distribution chart, Ormat Technologies ranks #26 out of 181 companies in the Utilities - Independent Power Producers industry, placing it in the top 14.4%.
Is Ormat Technologies' Dividend Payout Ratio too high?
Ormat Technologies' current Dividend Payout Ratio of 0.09 is 64% below median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.35. The Utilities - Independent Power Producers industry median Dividend Payout Ratio is 0.44. Ormat Technologies' value of 0.09 is 79.5% below this industry median. Based on the distribution chart, Ormat Technologies ranks #26 out of 181 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Ormat Technologies has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Dividend Payout Ratio compare to MWH and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, Ormat Technologies ranks #26 out of 181 companies for Dividend Payout Ratio. This places Ormat Technologies in the top 14% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.44. Ormat Technologies' value of 0.09 is 79.5% below this benchmark. Historically, Ormat Technologies' own Dividend Payout Ratio has ranged from 0.16 to 0.35 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.44, Ormat Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Utilities - Independent Power Producers company?
The median Dividend Payout Ratio among Utilities - Independent Power Producers companies is 0.44, based on 181 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ormat Technologies's current Dividend Payout Ratio of 0.09 is 79.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Ormat Technologies and its competitors. For the Utilities - Independent Power Producers industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ormat Technologies's current Dividend Payout Ratio is 0.09, which is 64% below median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ormat Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ormat Technologies (ORA) is currently considered Modestly Overvalued. The stock's GF Value™ is $101.58, compared to a current price of $117.22 — trading 15.4% above its estimated fair value. The current Dividend Payout Ratio is 0.09, which is 64% below median its 10-year median of 0.25 and 79.5% below the Utilities - Independent Power Producers industry median of 0.44. Ormat Technologies' overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Ormat Technologies (ORA), the current Dividend Payout Ratio is 0.09 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ormat Technologies (ORA) Overvalued in 2026?
Based on GuruFocus' analysis, Ormat Technologies stock appears to be overvalued.
The current stock price of $117.22 is trading 15.4% above its estimated GF Value™ of $101.58.
GuruFocus considers Ormat Technologies to be Modestly Overvalued.
Key valuation signals for ORA:
Dividend Payout Ratio: 0.09 (64% below median its 10-year median of 0.25)
GF Value™: $101.58 vs. price of $117.22 (15.4% above fair value)
Industry Position: 79.5% below the Utilities - Independent Power Producers median (#26 of 181)
No single metric tells the full story. See the ORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: the 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 sells 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 & recovered energy-based power plants. Energy Storage Segment includes owning & operating grid-connected which provide capacity, energy, & ancillary services directly to the electric grid.
85GF Score
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