Ormat Technologies Past Earnings Performance
Past criteria checks 3/6
Ormat Technologies's earnings have been declining at an average annual rate of -5.8%, while the Renewable Energy industry saw earnings growing at 36% annually. Revenues have been growing at an average rate of 0.3% per year. Ormat Technologies's return on equity is 4.7%, and it has net margins of 13.4%.
Key information
-5.8%
Earnings growth rate
-9.2%
EPS growth rate
Renewable Energy Industry Growth | 36.0% |
Revenue growth rate | 0.3% |
Return on equity | 4.7% |
Net Margin | 13.4% |
Next Earnings Update | 21 Feb 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Ormat Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 23 | 794 | 107 | 82 | 6 |
30 Jun 23 | 761 | 89 | 84 | 6 |
31 Mar 23 | 736 | 76 | 78 | 5 |
31 Dec 22 | 734 | 66 | 78 | 5 |
30 Sep 22 | 720 | 67 | 73 | 5 |
30 Jun 22 | 703 | 63 | 77 | 5 |
31 Mar 22 | 680 | 65 | 82 | 4 |
31 Dec 21 | 663 | 62 | 82 | 4 |
30 Sep 21 | 651 | 64 | 91 | 4 |
30 Jun 21 | 652 | 65 | 84 | 5 |
31 Mar 21 | 680 | 75 | 78 | 5 |
31 Dec 20 | 705 | 85 | 76 | 5 |
30 Sep 20 | 718 | 77 | 75 | 6 |
30 Jun 20 | 730 | 77 | 71 | 6 |
31 Mar 20 | 739 | 88 | 73 | 5 |
31 Dec 19 | 746 | 88 | 71 | 5 |
30 Sep 19 | 744 | 94 | 71 | 4 |
30 Jun 19 | 740 | 89 | 73 | 4 |
31 Mar 19 | 734 | 54 | 75 | 4 |
31 Dec 18 | 719 | 98 | 73 | 4 |
30 Sep 18 | 695 | 144 | 69 | 4 |
30 Jun 18 | 686 | 158 | 64 | 4 |
31 Mar 18 | 687 | 167 | 61 | 4 |
31 Dec 17 | 693 | 132 | 60 | 3 |
30 Sep 17 | 693 | 91 | 58 | 3 |
30 Jun 17 | 720 | 79 | 59 | 3 |
31 Mar 17 | 701 | 95 | 57 | 3 |
31 Dec 16 | 663 | 89 | 55 | 3 |
30 Sep 16 | 667 | 89 | 55 | 3 |
30 Jun 16 | 645 | 149 | 53 | 2 |
31 Mar 16 | 626 | 139 | 51 | 2 |
31 Dec 15 | 595 | 120 | 52 | 2 |
30 Sep 15 | 573 | 104 | 58 | 2 |
30 Jun 15 | 550 | 48 | 57 | 1 |
31 Mar 15 | 537 | 43 | 62 | 1 |
31 Dec 14 | 560 | 54 | 59 | 1 |
30 Sep 14 | 541 | 55 | 57 | 2 |
30 Jun 14 | 532 | 52 | 55 | 3 |
31 Mar 14 | 557 | 64 | 48 | 4 |
31 Dec 13 | 533 | 37 | 46 | 5 |
30 Sep 13 | 516 | -200 | 41 | 6 |
30 Jun 13 | 517 | -216 | 41 | 6 |
31 Mar 13 | 491 | -229 | 43 | 6 |
Quality Earnings: HNM has a large one-off loss of $35.7M impacting its last 12 months of financial results to 30th September, 2023.
Growing Profit Margin: HNM's current net profit margins (13.4%) are higher than last year (9.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HNM's earnings have declined by 5.8% per year over the past 5 years.
Accelerating Growth: HNM's earnings growth over the past year (60%) exceeds its 5-year average (-5.8% per year).
Earnings vs Industry: HNM earnings growth over the past year (60%) exceeded the Renewable Energy industry 41%.
Return on Equity
High ROE: HNM's Return on Equity (4.7%) is considered low.