Recent Ormat Technologies shows a gross margin of 27.9%, an operating margin of 16.6%, an EBITDA margin of 47%, and a net margin of 10.7%. EBITDA margin drove the decline across the available margins, decreasing by 11 percentage points.
ORA margin history
Over the last 3 years, Ormat Technologies's margins averaged 29.67% gross, 18.74% operating, 54.41% EBITDA, and 13.61% net. Each of the four current margins is below its three-year average.
ORA margin expansion
All available margins contracted year over year, led by EBITDA margin with a decline of 11 percentage points.
ORA Gross margin
Over the last 3 years, Ormat Technologies recorded an average gross margin of 29.67%. Compared with its three-year average, Ormat Technologies's current gross margin is 27.9% and is 1.8 percentage points below its three-year average. The highest gross margin for Ormat Technologies was 31.8% in Dec 2023, while the lowest was 27.5% in Mar 2026.
ORA Operating margin
In the last 3 years, Ormat Technologies had an average operating margin of 18.74%. Against its three-year average, Ormat Technologies's operating margin is currently 16.6%, 2.1 percentage points below its three-year average. Looking back over the last 3 years, Ormat Technologies's operating margin reached 20.1% at its highest point in Dec 2023 and 16.6% at its lowest in Jun 2026.
ORA EBITDA margin
Across the last 3 years, Ormat Technologies's EBITDA margin stood at 54.41%. At present, Ormat Technologies's current EBITDA margin is 47%, which is 7.4 percentage points below its three-year average. EBITDA margin was highest at 58% in Jun 2025 and lowest at 47% in Mar 2026.
ORA Net margin
Throughout the last 3 years, Ormat Technologies had an average net margin of 13.61%. Against its three-year average, Ormat Technologies's net margin is currently 10.7%, 2.9 percentage points below its three-year average. Looking back over the last 3 years, Ormat Technologies's net margin reached 15.4% at its highest point in Mar 2024 and 10.7% at its lowest in Jun 2026.
ORA margin group comparison
With a gross margin of 27.9%, ORA stands below the Utilities sector and the industry average. In comparison with its Utilities sector average of 43.2%, Ormat Technologies's gross margin is 35% lower.
ORA margin peer comparison
Frequently asked questions
What is Ormat Technologies's gross margin?
As of Jun 30, 2026, ORA has a gross margin of 27.9%.
What is Ormat Technologies's operating margin?
As of Jun 30, 2026, ORA has an operating margin of 16.6%.
What is Ormat Technologies's EBITDA margin?
For the period ending Jun 30, 2026, ORA recorded an EBITDA margin of 47%.
What is Ormat Technologies's net margin?
The current net margin for ORA is 10.7% as of Jun 30, 2026.
What are the average margins of ORA?
Over the last 3 years, Ormat Technologies's margins averaged 29.7% gross, 18.7% operating, 54.4% EBITDA, and 13.6% net.
What are the highest historical margins of ORA?
Over the last 5 years, Ormat Technologies's highest margins were 39.9% gross in Dec 2021, 25.5% operating in Dec 2021, 58% EBITDA in Jun 2025, and 15.4% net in Mar 2024.
What are the lowest historical margins of ORA?
Across the 5-year period, ORA posted its lowest margins at 27.5% gross in Mar 2026, 16.6% operating in Jun 2026, 47% EBITDA in Mar 2026, and 9% net in Jun 2022.