undamentalytics Newsletter
Sign in

Ormat Technologies, Inc. cash flow statement

In fiscal 2025, Ormat Technologies, Inc.'s operations generated $335m of cash; it spent $620m on capital projects, leaving free cash flow of −$285m. It returned $29.1m in dividends.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash from operations1111011338987213190159246146236265259281309411335279
Depreciation and amortisation6487949993101107106115132149157183199225263292308
Stock-based pay6776664591091091215201921
Capital spending271283270233205159152152259259280321419563618488620544
Free cash flow−160−182−137−144−11854387−14−113−43−56−160−283−309−77−285−265
Free cash flow after stock pay−166−189−144−150−12449342−22−123−53−66−170−294−324−97−304−286
Dividends paid111264410132621272223272728292929
Share buybacks———————————001800——
Shares issued——————15744—003390034200—

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: ORA vs RNWCWEN vs ORAENLT vs ORA

More: Renewable Electricity stocks compared, Utilities sector, rankings of US companies

Figures from Ormat Technologies, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Ormat Technologies, Inc.