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Operating Margin % is calculated as Operating Income divided by its Revenue. Ormat Technologies's Operating Income for the three months ended in Dec. 2023 was $53.0 Mil. Ormat Technologies's Revenue for the three months ended in Dec. 2023 was $241.3 Mil. Therefore, Ormat Technologies's Operating Margin % for the quarter that ended in Dec. 2023 was 21.98%.
Warning Sign:
Ormat Technologies Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.
The historical rank and industry rank for Ormat Technologies's Operating Margin % or its related term are showing as below:
Ormat Technologies's 5-Year Average Operating Margin % Growth Rate was -4.60% per year.
Ormat Technologies's Operating Income for the three months ended in Dec. 2023 was $53.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $170.3 Mil.
The historical data trend for Ormat Technologies's Operating Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ormat Technologies Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Operating Margin % | Get a 7-Day Free Trial |
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25.98 | 27.40 | 25.50 | 25.37 | 20.53 |
Ormat Technologies Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Operating Margin % | Get a 7-Day Free Trial |
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29.65 | 28.70 | 12.44 | 19.17 | 21.98 |
For the Utilities - Renewable subindustry, Ormat Technologies's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Utilities - Independent Power Producers industry and Utilities sector, Ormat Technologies's Operating Margin % distribution charts can be found below:
* The bar in red indicates where Ormat Technologies's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
Ormat Technologies's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as
Operating Margin % | = | Operating Income (A: Dec. 2023 ) | / | Revenue (A: Dec. 2023 ) |
= | 170.318 | / | 829.424 | |
= | 20.53 % |
Ormat Technologies's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as
Operating Margin % | = | Operating Income (Q: Dec. 2023 ) | / | Revenue (Q: Dec. 2023 ) |
= | 53.043 | / | 241.34 | |
= | 21.98 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ormat Technologies (NYSE:ORA) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
Thank you for viewing the detailed overview of Ormat Technologies's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Dafna Sharir | director | C/O AMPAL AMERICAN ISRAEL CORP, 111 ARLOZOROV STREET, TEL AVIV ISREL L3 00000 |
Isaac Angel | officer: CEO Appointee | 2099 GATEWAY PLACE, SUITE 600 CA 95110 |
Doron Blachar | officer: CFO | 6225 NEIL ROAD, RENO NV 89511 |
Stanley Stern | director | C/O THCG, INC, 650 MADISON AVENUE, 21ST FL, NEW YORK NY 10022 |
Orix Corp | 10 percent owner | WORLD TRADE CENTER BLDG., SOUTH TOWER, 2-4-1 HAMAMATSU-CHO, MINATO-KU, TOKYO M0 105 5135 |
Byron G. Wong | director | 2 TRAILS END, WESTPORT CT 06880 |
David Granot | director | 6225 NEIL ROAD, RENO NV 89511 |
Shimon Hatzir | officer: VP, Elect. & Conceptual Engin. | 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511 |
Shlomi Argas | officer: V.P., Projects | 6225 NEIL ROAD, RENO NV 89511 |
Karin Corfee | director | 6140 PLUMAS STREET, RENO NV 89519 |
Michal Marom | director | 6140 PLUMAS STREET, RENO NV 89519 |
Dan Falk | director | 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511 |
Jessica Woelfel | officer: General Counsel and CCO | 6140 PLUMAS STREET, RENO NV 89519 |
Mike Nikkel | director | 6140 PLUMAS STREET, RENO NV 89519 |
Zvi Krieger | officer: VP, Geothermal Enginerring | 6225 NEIL ROAD, SUITE 300, C/O ORMAT TECHNOLOGIES, INC., RENO NV 89511 |
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