Ormat Technologies Inc
NYSE:ORA
Ormat Technologies Inc
Pre-Tax Income
Ormat Technologies Inc
Pre-Tax Income Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Pre-Tax Income | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Ormat Technologies Inc
NYSE:ORA
|
Pre-Tax Income
$115.4m
|
CAGR 3-Years
4%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
3%
|
|
|
Nextera Energy Partners LP
NYSE:NEP
|
Pre-Tax Income
-$421m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
|
Brookfield Renewable Corp
NYSE:BEPC
|
Pre-Tax Income
$600m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
|
|
Montauk Renewables Inc
NASDAQ:MNTK
|
Pre-Tax Income
$12.2m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
17%
|
CAGR 10-Years
N/A
|
|
|
Altus Power Inc
NYSE:AMPS
|
Pre-Tax Income
$3.6m
|
CAGR 3-Years
-35%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
XPLR Infrastructure LP
NYSE:XIFR
|
Pre-Tax Income
-$421m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
0%
|
CAGR 10-Years
N/A
|
|
Ormat Technologies Inc
Glance View
Ormat Technologies Inc. is a fascinating player in the renewable energy sector, distinguished by its focus on geothermal energy production. Headquartered in Reno, Nevada, Ormat has carved out a niche for itself by capitalizing on the Earth's natural heat to generate electricity. Unlike traditional solar or wind energy companies, Ormat taps into geothermal resources, which are considered a more reliable and constant source of renewable energy. This stability is derived from the fact that geothermal energy is largely unaffected by weather conditions, allowing Ormat to offer a steady stream of power generation. Their operational expertise spans across various geographies, including the United States, Kenya, and several other countries, underscoring the global demand for sustainable energy solutions. Ormat’s business model is multifaceted, encompassing both the construction and operation of its geothermal power plants, in addition to providing equipment to other energy companies. This dual approach not only diversifies its revenue streams but also positions Ormat as a leader in geothermal technology solutions. The company's revenues are largely drawn from the sale of electricity under long-term power purchase agreements, ensuring predictable income over extended periods. Furthermore, Ormat designs, builds, and sells power plants and geothermal equipment, thereby expanding its footprint in the industry and reinforcing its role as a crucial conduit for renewable energy. This blend of generating and technology sales empowers Ormat to remain resilient in the dynamic energy market, safeguarding its position as a pioneer in the sustainable energy frontier.
See Also
What is Ormat Technologies Inc's Pre-Tax Income?
Pre-Tax Income
115.4m
USD
Based on the financial report for Dec 31, 2024, Ormat Technologies Inc's Pre-Tax Income amounts to 115.4m USD.
What is Ormat Technologies Inc's Pre-Tax Income growth rate?
Pre-Tax Income CAGR 10Y
3%
Over the last year, the Pre-Tax Income growth was -17%. The average annual Pre-Tax Income growth rates for Ormat Technologies Inc have been 4% over the past three years , -3% over the past five years , and 3% over the past ten years .
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