How Does Ormat Technologies (ORA) Make Money?
Price: $71.15
Market Cap: $4.30B
Avg Volume: 551.40K
Market Cap: $4.30B
Avg Volume: 551.40K
Country: US
Industry: Renewable Utilities
Sector: Utilities
Industry: Renewable Utilities
Sector: Utilities
Revenue Breakdown Overview
Ormat Technologies generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:
Product & Service Revenue Segments
Ormat Technologies's revenue comes from the following main product/service categories (Total Revenue: $841.92M):
- Energy Storage and Management Services: $- (0.0% of total)
- Product: $139.66M (16.6% of total)
- Electricity: $702.26M (83.4% of total)
Geographic Revenue Distribution
The company's revenue is distributed across these geographic regions (Total Revenue: $876.64M):
- Other Foreign Countries: $59.69M (6.8% of total)
- Guatemala: $28.95M (3.3% of total)
- Kenya: $114.07M (13.0% of total)
- United States: $557.34M (63.6% of total)
- New Zealand: $78.67M (9.0% of total)
- Chile: $- (0.0% of total)
- Turkey: $- (0.0% of total)
- Indonesia: $7.62M (0.9% of total)
- Honduras: $30.30M (3.5% of total)
Revenue by Product Segment (2024)
Revenue by Geographic Region (2024)
Revenue Segments Over Time
Historical Revenue by Product Segment
| Year | Total Revenue | Electricity | Energy Storage and Management Services | Product |
|---|---|---|---|---|
| 2024 | $879.65M | $702.26M | $- | $139.66M |
| 2023 | $829.42M | $666.77M | $28.89M | $133.76M |
| 2022 | $734.16M | $- | $31.02M | $- |
| 2021 | $663.08M | $- | $30.39M | $46.92M |
| 2020 | $705.34M | $- | $15.82M | $148.12M |
| 2019 | $746.04M | $- | $14.70M | $139.30M |
| 2018 | $719.27M | $509.88M | $- | $201.74M |
Geographic Revenue Over Time
Historical Revenue by Geographic Region
| Year | Total Revenue | Chile | Guatemala | Honduras | Indonesia | Kenya | New Zealand | Other Foreign Countries | Turkey | United States |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $879.65M | $- | $28.95M | $30.30M | $7.62M | $114.07M | $78.67M | $59.69M | $- | $557.34M |
| 2023 | $829.42M | $- | $30.17M | $31.59M | $26.73M | $109.22M | $66.53M | $52.89M | $- | $- |
| 2022 | $734.16M | $579.00K | $28.83M | $33.84M | $15.63M | $105.84M | $17.13M | $46.30M | $1.96M | $- |
| 2021 | $663.08M | $7.04M | $26.87M | $35.23M | $8.06M | $102.84M | $6.77M | $33.45M | $2.72M | $- |
| 2020 | $705.34M | $32.42M | $27.39M | $35.20M | $- | $115.47M | $34.98M | $31.32M | $65.53M | $- |
| 2019 | $746.04M | $25.54M | $28.62M | $34.45M | $- | $121.66M | $31.22M | $37.66M | $88.94M | $- |
| 2018 | $719.27M | $980.00K | $27.98M | $- | $4.38M | $119.09M | $10.45M | $59.08M | $168.70M | $- |
Related Metrics
Explore detailed financial metrics and analysis for ORA.