10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
Ormat Technologies's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 3.09%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Ormat Technologies's 10-Year ROIIC % or its related term are showing as below:
Ormat Technologies 10-Year ROIIC % Historical Data
The historical data trend for Ormat Technologies's 10-Year ROIIC % 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.
Competitive Comparison of Ormat Technologies's 10-Year ROIIC %
For the Utilities - Renewable subindustry, Ormat Technologies's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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 10-Year ROIIC % Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's 10-Year ROIIC % falls into.
Ormat Technologies 10-Year ROIIC % Calculation
Ormat Technologies's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 162.994326 (Dec. 2023) - 74.27322 (Dec. 2013) )
/
( 4885.539 (Dec. 2023) - 2016.192 (Dec. 2013) )
=
88.721106
/
2869.347
=
3.09%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Ormat Technologies 10-Year ROIIC % Related Terms
Thank you for viewing the detailed overview of Ormat Technologies's 10-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ormat Technologies (Ormat Technologies) Business Description
Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: 1) 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. 2) 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. 3) Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ORA has been successfully added to your 