Craft

Ormat Technologies

Stock Price

$67.3

2023-11-30

Market Capitalization

$4.1 B

2023-11-30

Revenue

$734.2 M

FY, 2022

Ormat Technologies Summary

Company Summary

Overview
Ormat Technologies is a company engaged in geothermal and recovered energy generation (REG). It owns, operates, designs, manufactures, and sells geothermal and REG power plants based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity.
Type
Public
Status
Active
Founded
1965
HQ
Reno, NV, US | view all locations
Website
http://www.ormat.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Doron Blachar

    Doron Blachar, CEO

    • Shlomi Argas

      Shlomi Argas, President, Head of Operations and Products

    • Assi Ginzburg

      Assi Ginzburg, CFO

      • Hezi Kattan

        Hezi Kattan, General Counsel & CCO

      Operating MetricsView all

      Product Backlog (Chile)

      $6.8M

      FY, 2020

      Generating Capacity (Recovered Energy Generation), MW

      53

      FY, 2022

      Generating Capacity, MW

      1.1K
      5.7%

      FY, 2022

      LocationsView all

      1 location detected

      • Reno, NV HQ

        United States

        6140 Plumas St

      Ormat Technologies Financials

      Summary Financials

      Revenue (Q3, 2023)
      $208.1M
      Gross profit (Q3, 2023)
      $60.0M
      Net income (Q3, 2023)
      $36.3M
      Cash (Q3, 2023)
      $78.1M
      EBIT (Q3, 2023)
      $37.6M
      Enterprise value
      $4.0B

      Footer menu