ORA FY 2023 Earnings — Ormat Technologies, Inc. Revenue & Financial Results | Market Cap Arena

ORAOrmat Technologies, Inc.

$7B

FY 2023 Earnings

Utilities Renewable Utilities

Income Statement

Revenue

$829M+13.0% YoY

Gross Profit

$264M31.8% margin

Operating Income

$167M20.1% margin

Net Income

$124M15.0% margin

EPS (Diluted)

$2.08

Cash Flow

Operating Cash Flow

$309M

Free Cash Flow

-$309M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$5.2B

Total Liabilities

$2.8B

Stockholders' Equity

$2.3B

Cash & Equivalents

$196M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$829M	$734M	+13.0%
Gross Profit	$264M	$269M	-1.8%
Operating Income	$167M	$153M	+9.0%
Net Income	$124M	$66M	+88.9%