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Ormat Valuation Multiples
Discover revenue and EBITDA valuation multiples for Ormat and similar public comparables like Tokyo Electric Power, Suzlon Energy, Chord Energy, Archrock and more.
Ormat Overview
About Ormat
Ormat Technologies Inc is engaged in the geothermal and recovered energy power business. It is engaged in three business segments: 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. 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. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.
Founded
1994
HQ
Employees
1.5K
Website
Financials (LTM)
EV
$9B
Ormat Financials
Ormat reported last 12-month revenue of $1B and EBITDA of $591M.
In the same LTM period, Ormat generated $279M in gross profit, $591M in EBITDA, and $128M in net income.
Revenue (LTM)
Ormat P&L
In the most recent fiscal year, Ormat reported revenue of $880M and EBITDA of $512M.
Ormat expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $880M | XXX | XXX | XXX |
| Gross Profit | $279M | XXX | $273M | XXX | XXX | XXX |
| Gross Margin | 27% | XXX | 31% | XXX | XXX | XXX |
| EBITDA | $591M | XXX | $512M | XXX | XXX | XXX |
| EBITDA Margin | 58% | XXX | 58% | XXX | XXX | XXX |
| EBIT Margin | 17% | XXX | 20% | XXX | XXX | XXX |
| Net Profit | $128M | XXX | $124M | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 14% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Ormat Stock Performance
Ormat has current market cap of $7B, and enterprise value of $9B.
Market Cap Evolution
Ormat's stock price is $107.15.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $9B | $7B | 0.0% | XXX | XXX | XXX | $2.04 |
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Start Free TrialOrmat Valuation Multiples
Ormat trades at 9.0x EV/Revenue multiple, and 15.6x EV/EBITDA.
EV / Revenue (LTM)
Ormat Financial Valuation Multiples
As of March 7, 2026, Ormat has market cap of $7B and EV of $9B.
Equity research analysts estimate Ormat's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Ormat has a P/E ratio of 50.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $7B | XXX | $7B | XXX | XXX | XXX |
| EV (current) | $9B | XXX | $9B | XXX | XXX | XXX |
| EV/Revenue | 9.0x | XXX | 10.4x | XXX | XXX | XXX |
| EV/EBITDA | 15.6x | XXX | 17.9x | XXX | XXX | XXX |
| EV/EBIT | 52.3x | XXX | 51.7x | XXX | XXX | XXX |
| EV/Gross Profit | 33.0x | XXX | 33.7x | XXX | XXX | XXX |
| P/E | 50.8x | XXX | 52.6x | XXX | XXX | XXX |
| EV/FCF | (64.7x) | XXX | (119.7x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Ormat Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Ormat Margins & Growth Rates
Ormat's revenue in the last 12 month grew by 12%.
Ormat's revenue per employee in the last FY averaged $0.7M.
Ormat's rule of 40 is 70% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Ormat's rule of X is 89% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Ormat Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 12% | XXX | 13% | XXX | XXX | XXX |
| EBITDA Margin | 58% | XXX | 58% | XXX | XXX | XXX |
| EBITDA Growth | 9% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 70% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 89% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | 9% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 1% | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 11% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Ormat Public Comps
See public comps and valuation multiples for other Energy Services and Renewable Energy comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Tokyo Electric Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Suzlon Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Chord Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Archrock | XXX | XXX | XXX | XXX | XXX | XXX |
| Grupo EnergÃa Bogotá | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Ormat M&A Activity
Ormat acquired XXX companies to date.
Last acquisition by Ormat was on XXXXXXXX, XXXXX. Ormat acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Ormat
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialOrmat Investment Activity
Ormat invested in XXX companies to date.
Ormat made its latest investment on XXXXXXXX, XXXXX. Ormat invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Ormat
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Ormat
| When was Ormat founded? | Ormat was founded in 1994. |
| Where is Ormat headquartered? | Ormat is headquartered in United States. |
| How many employees does Ormat have? | As of today, Ormat has over 1K employees. |
| Who is the CEO of Ormat? | Ormat's CEO is Doron Blachar. |
| Is Ormat publicly listed? | Yes, Ormat is a public company listed on NYSE. |
| What is the stock symbol of Ormat? | Ormat trades under ORA ticker. |
| When did Ormat go public? | Ormat went public in 2004. |
| Who are competitors of Ormat? | Ormat main competitors are Tokyo Electric Power, Suzlon Energy, Chord Energy, Archrock. |
| What is the current market cap of Ormat? | Ormat's current market cap is $7B. |
| What is the current revenue of Ormat? | Ormat's last 12 months revenue is $1B. |
| What is the current revenue growth of Ormat? | Ormat revenue growth (NTM/LTM) is 12%. |
| What is the current EV/Revenue multiple of Ormat? | Current revenue multiple of Ormat is 9.0x. |
| Is Ormat profitable? | Yes, Ormat is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Ormat? | Ormat's last 12 months EBITDA is $591M. |
| What is Ormat's EBITDA margin? | Ormat's last 12 months EBITDA margin is 58%. |
| What is the current EV/EBITDA multiple of Ormat? | Current EBITDA multiple of Ormat is 15.6x. |
| What is the current FCF of Ormat? | Ormat's last 12 months FCF is ($142M). |
| What is Ormat's FCF margin? | Ormat's last 12 months FCF margin is (14%). |
| What is the current EV/FCF multiple of Ormat? | Current FCF multiple of Ormat is (64.7x). |
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