Clearway Energy vs Ormat Technologies
Clearway Energy is the larger business, with $1.43bn of revenue in fiscal 2025 against $990m for Ormat Technologies (1.4 times as much). Ormat Technologies grew faster (12.5% against 4.2%). Ormat Technologies kept more of each dollar of sales as profit: a net margin of 12.5% against 11.8%. Ormat Technologies carries less debt relative to equity (108.5% against 149.3%).
| Latest fiscal year | Clearway EnergyCWEN, 2025 | Ormat TechnologiesORA, 2025 |
|---|---|---|
| Revenue | $1.43bn | $990m |
| Revenue growth | 4.2% | 12.5% |
| Net income | $169m | $124m |
| Operating margin | 11.2% | 17.1% |
| Net margin | 11.8% | 12.5% |
| Return on equity | 3.0% | 5.0% |
| Free cash flow | $369m | −$285m |
| Cash | $231m | $147m |
| Total debt | $8.67bn | $2.76bn |
| Debt to equity | 149.3% | 108.5% |
| Dividend per share | — | $0.48 |
| Dividend yield | 5.3% | 0.5% |
| Share buybacks | — | — |
| Employees | 304 | — |
| Market value | $7.10bn | $5.82bn |
| Price vs our value range | — | — |
| Moat score | 61 (Moderate) | 40 (Weak) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 24 sales |