Ormat Technologies annual debt-to-equity ratio
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2025
Ormat Technologies Debt-to-Equity Ratio Growth & History (ORA)
Ormat Technologies's debt-to-equity ratio was 1.10 for fiscal 2025.
View full Ormat Technologies company overviewOrmat Technologies annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.10 | 0.08 | +7.89% |
| 2024 | 2024-12-31 | 1.02 | 0.11 | +11.61% |
| 2023 | 2023-12-31 | 0.91 | −0.20 | −17.88% |
| 2022 | 2022-12-31 | 1.11 | 0.06 | +5.78% |
| 2021 | 2021-12-31 | 1.05 | 0.64 | +154.84% |
| 2020 | 2020-12-31 | 0.41 | 0.15 | +56.44% |
| 2019 | 2019-12-31 | 0.26 | −0.09 | −24.70% |
| 2018 | 2018-12-31 | 0.35 | 0.14 | +66.33% |
| 2017 | 2017-12-31 | 0.21 | 0.02 | +11.44% |
| 2016 | 2016-12-31 | 0.19 | −0.06 | −24.78% |
| 2015 | 2015-12-31 | 0.25 | −0.07 | −21.92% |
| 2014 | 2014-12-31 | 0.32 | −0.02 | −5.87% |
| 2013 | 2013-12-31 | 0.34 | −0.02 | −5.18% |
| 2012 | 2012-12-31 | 0.36 | 0.08 | +30.79% |
| 2011 | 2011-12-31 | 0.28 | 0.12 | +82.39% |
| 2010 | 2010-12-31 | 0.15 | 0.15 | — |
| 2009 | 2009-12-31 | 0.00 | — | — |
Ormat Technologies quarterly debt-to-equity ratio
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
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Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.16 | 0.10 | +192.87% |
| Q1 2026 | 2026-03-31 | 0.16 | 0.11 | +200.84% |
| Q4 2025 | 2025-12-31 | 1.10 | 0.08 | +7.89% |
| Q3 2025 | 2025-09-30 | 0.05 | −0.00 | −1.29% |
| Q2 2025 | 2025-06-30 | 0.05 | −0.00 | −0.39% |
| Q1 2025 | 2025-03-31 | 0.05 | −0.00 | −4.49% |
| Q4 2024 | 2024-12-31 | 1.02 | 0.11 | +11.61% |
| Q3 2024 | 2024-09-30 | 0.05 | 0.03 | +99.35% |
| Q2 2024 | 2024-06-30 | 0.05 | 0.04 | +348.60% |
| Q1 2024 | 2024-03-31 | 0.06 | 0.04 | +360.82% |
| Q4 2023 | 2023-12-31 | 0.91 | −0.20 | −17.88% |
| Q3 2023 | 2023-09-30 | 0.03 | 0.01 | +103.54% |
| Q2 2023 | 2023-06-30 | 0.01 | −0.00 | −14.84% |
| Q1 2023 | 2023-03-31 | 0.01 | −0.00 | −14.17% |
| Q4 2022 | 2022-12-31 | 1.11 | 0.06 | +5.78% |
| Q3 2022 | 2022-09-30 | 0.01 | −0.00 | −10.21% |
| Q2 2022 | 2022-06-30 | 0.01 | −0.37 | −96.34% |
| Q1 2022 | 2022-03-31 | 0.01 | −0.38 | −96.50% |
| Q4 2021 | 2021-12-31 | 1.05 | 0.64 | +154.84% |
| Q3 2021 | 2021-09-30 | 0.01 | −0.49 | −97.05% |
| Q2 2021 | 2021-06-30 | 0.38 | 0.07 | +22.06% |
| Q1 2021 | 2021-03-31 | 0.40 | 0.17 | +71.82% |
| Q4 2020 | 2020-12-31 | 0.41 | 0.15 | +56.44% |
| Q3 2020 | 2020-09-30 | 0.50 | 0.23 | +85.33% |
| Q2 2020 | 2020-06-30 | 0.32 | −0.01 | −3.69% |
| Q1 2020 | 2020-03-31 | 0.23 | −0.11 | −31.78% |
| Q4 2019 | 2019-12-31 | 0.26 | −0.09 | −24.70% |
| Q3 2019 | 2019-09-30 | 0.27 | −0.12 | −30.74% |
| Q2 2019 | 2019-06-30 | 0.33 | −0.03 | −8.20% |
| Q1 2019 | 2019-03-31 | 0.34 | 0.08 | +29.04% |
| Q4 2018 | 2018-12-31 | 0.35 | 0.14 | +66.33% |
| Q3 2018 | 2018-09-30 | 0.39 | 0.19 | +91.25% |
| Q2 2018 | 2018-06-30 | 0.36 | 0.15 | +70.19% |
| Q1 2018 | 2018-03-31 | 0.26 | 0.05 | +24.46% |
| Q4 2017 | 2017-12-31 | 0.21 | 0.02 | +11.44% |
| Q3 2017 | 2017-09-30 | 0.21 | 0.01 | +5.01% |
| Q2 2017 | 2017-06-30 | 0.21 | −0.03 | −13.78% |
| Q1 2017 | 2017-03-31 | 0.21 | −0.04 | −14.89% |
| Q4 2016 | 2016-12-31 | 0.19 | −0.06 | −24.78% |
| Q3 2016 | 2016-09-30 | 0.20 | −0.06 | −24.69% |
| Q2 2016 | 2016-06-30 | 0.24 | −0.04 | −12.95% |
| Q1 2016 | 2016-03-31 | 0.25 | −0.06 | −19.90% |
| Q4 2015 | 2015-12-31 | 0.25 | −0.07 | −21.92% |
| Q3 2015 | 2015-09-30 | 0.26 | −0.06 | −19.91% |
| Q2 2015 | 2015-06-30 | 0.28 | −0.05 | −15.51% |
| Q1 2015 | 2015-03-31 | 0.31 | −0.02 | −6.85% |
| Q4 2014 | 2014-12-31 | 0.32 | −0.02 | −5.87% |
| Q3 2014 | 2014-09-30 | 0.32 | −0.02 | −6.23% |
| Q2 2014 | 2014-06-30 | 0.33 | −0.02 | −6.24% |
| Q1 2014 | 2014-03-31 | 0.33 | −0.03 | −7.86% |
| Q4 2013 | 2013-12-31 | 0.34 | −0.02 | −5.18% |
| Q3 2013 | 2013-09-30 | 0.35 | 0.07 | +26.25% |
| Q2 2013 | 2013-06-30 | 0.35 | 0.08 | +29.27% |
| Q1 2013 | 2013-03-31 | 0.36 | 0.09 | +31.20% |
| Q4 2012 | 2012-12-31 | 0.36 | 0.08 | +30.79% |
| Q3 2012 | 2012-09-30 | 0.27 | 0.01 | +2.99% |
| Q2 2012 | 2012-06-30 | 0.27 | 0.01 | +2.41% |
| Q1 2012 | 2012-03-31 | 0.28 | 0.01 | +2.01% |
| Q4 2011 | 2011-12-31 | 0.28 | 0.12 | +82.39% |
| Q3 2011 | 2011-09-30 | 0.27 | 0.11 | +75.04% |
| Q2 2011 | 2011-06-30 | 0.27 | 0.27 | — |
| Q1 2011 | 2011-03-31 | 0.27 | — | — |
| Q4 2010 | 2010-12-31 | 0.15 | 0.15 | — |
| Q3 2010 | 2010-09-30 | 0.15 | — | — |
| Q2 2010 | 2010-06-30 | 0.00 | — | — |
| Q4 2009 | 2009-12-31 | 0.00 | — | — |
Ormat Technologies debt-to-equity ratio trends
Over the last five fiscal years, Ormat Technologies's debt-to-equity ratio increased from 0.41 to 1.10, a change of 0.69. The latest reported quarter, Q2 2026, shows 0.16.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ormat Technologies source filings ↗