Ormat Technologies

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business worldwide. The company operates in two segments, Electricity and Product. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, including fossil fuel powered turbo-generators and heavy duty direct-current generators. It also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of geothermal power plants, interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The company was founded in 1965 and is based in Reno, Nevada. Ormat Technologies, Inc. is a subsidiary of Ormat Industries Ltd.

Reno, US
Size (employees)
1,180 (est)+12%
Ormat Technologies was founded in 1965 and is headquartered in Reno, US

Ormat Technologies Office Locations

Ormat Technologies has office in Reno
Reno, US

Ormat Technologies Metrics

Ormat Technologies Summary

Market capitalization

$2.8 b

Closing share price

Ormat Technologies's current market capitalization is $2.8 b.

Ormat Technologies Financials

Ormat Technologies's revenue is $533.2 m in FY, 2013 which is a 4.7% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016


$533.2 m$559.5 m$594.6 m$662.6 m

Revenue growth, %


Gross profit

$159.8 m$203.8 m$218.3 m


$97 m$143.5 m$164.1 m

Net Income

$42 m$55 m$123.3 m$101.5 m

Operating cash flow

($9.3 m)($17.1 m)$145.7 m

Ormat Technologies Market Value History

Ormat Technologies Job Categories

Ormat Technologies Company Life

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