Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ormat Technologies's retained earnings for the quarter that ended in Mar. 2026 was $946 Mil.
Ormat Technologies's quarterly retained earnings
increased
from Sep. 2025 ($885 Mil) to Dec. 2025 ($909 Mil) and
increased
from Dec. 2025 ($909 Mil) to Mar. 2026 ($946 Mil).
Ormat Technologies's annual retained earnings
increased
from Dec. 2023 ($720 Mil) to Dec. 2024 ($815 Mil) and
increased
from Dec. 2024 ($815 Mil) to Dec. 2025 ($909 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Ormat Technologies Retained Earnings Historical Data
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The historical data trend for Ormat Technologies's Retained Earnings 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.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Ormat Technologies (ORA) has a Retained Earnings of $946 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ormat Technologies and its competitors.
Is Ormat Technologies' Retained Earnings too high?
Ormat Technologies' current Retained Earnings is $946 Mil. Overall, Ormat Technologies has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ormat Technologies' Retained Earnings compare to MWH and CWEN?
Ormat Technologies' Retained Earnings of $946 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Utilities - Independent Power Producers company?
A good Retained Earnings depends on the Utilities - Independent Power Producers industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ormat Technologies and its competitors. Ormat Technologies's current Retained Earnings is $946 Mil. 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 Fairly Valued. The stock's GF Value™ is $101.57, compared to a current price of $109.77 — trading 8.1% above its estimated fair value. The current Retained Earnings is $946 Mil. Ormat Technologies' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Ormat Technologies (ORA), the current Retained Earnings is $946 Mil 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 $109.77 is trading 8.1% above its estimated GF Value™ of $101.57.
GuruFocus considers Ormat Technologies to be Fairly Valued.
Key valuation signals for ORA:
Retained Earnings: $946 Mil
GF Value™: $101.57 vs. price of $109.77 (8.1% above fair value)
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.
86GF Score
Get the complete analysis for ORA
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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