Ormat Q4 net income up 14.3%; 2025 revenue guidance $935 million to $975 million
Ormat reported fourth-quarter and full-year 2024 results on February 26, 2025, and gave its 2025 outlook. Q4 total revenues fell 4.4% to $230.7 million, while net income attributable to stockholders rose 14.3% to $40.8 million; for the full year, revenues rose 6.1% to $879.7 million but net income fell 0.5% to $123.7 million. Shareholders get a 2025 total revenue range of $935 million to $975 million and a $0.12 quarterly dividend.
Key points
- Q4 2024 total revenues were $230.7 million, down from $241.3 million; diluted EPS was $0.67 versus $0.59 a year earlier.
- Full-year 2024 total revenues were $879.7 million, up 6.1%; diluted EPS was $2.04 versus $2.08, down 1.9%.
- 2025 guidance: total revenues of $935 million to $975 million and adjusted EBITDA of $563 million to $593 million.
- Board declared a $0.12 per share quarterly dividend, payable March 26, 2025, to holders of record as of March 12, 2025.
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.