Ormat Technologies vs Renew Energy Global
Renew Energy Global is the larger business, with $1.50bn of revenue in fiscal 2026 against $990m for Ormat Technologies (1.5 times as much). Renew Energy Global grew faster (30.4% against 12.5%). Ormat Technologies kept more of each dollar of sales as profit: a net margin of 12.5% against 7.4%. Ormat Technologies carries less debt relative to equity (108.5% against 610.0%).
| Latest fiscal year | Ormat TechnologiesORA, 2025 | Renew Energy GlobalRNW, 2026 |
|---|---|---|
| Revenue | $990m | $1.50bn |
| Revenue growth | 12.5% | 30.4% |
| Net income | $124m | $111m |
| Operating margin | 17.1% | 10.6% |
| Net margin | 12.5% | 7.4% |
| Return on equity | 5.0% | 8.4% |
| Free cash flow | −$285m | — |
| Cash | $147m | $243m |
| Total debt | $2.76bn | $8.18bn |
| Debt to equity | 108.5% | 610.0% |
| Dividend per share | $0.48 | — |
| Dividend yield | 0.5% | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $5.82bn | $2.51bn |
| Price vs our value range | — | — |
| Moat score | 40 (Weak) | — |
| Insider trades, 12 months | 0 buys, 24 sales | 0 buys, 0 sales |