Clearway Energy vs Ormat Technologies
Clearway Energy reported revenue of $1.4 billion in fiscal 2025, 1.4 times Ormat Technologies' $990 million in fiscal 2025. Clearway Energy's revenue grew 4.2% in its latest year, and Ormat Technologies' grew 12.5%. Clearway Energy had an operating margin of 11.2%, against 17.1% at Ormat Technologies. Free cash flow was $369 million at Clearway Energy and −$285 million at Ormat Technologies.
Side by side
| Clearway Energy | Ormat Technologies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $1.4B | $990M |
| Revenue growth | 4.2% | 12.5% |
| Revenue growth a year, last 5 years | 3.6% | 7.0% |
| Gross margin | 62.9% | 27.6% |
| Operating margin | 11.2% | 17.1% |
| Net margin | 11.8% | 12.5% |
| Free cash flow | $369M | −$285M |
| Free cash flow margin | 25.8% | −28.8% |
| Return on capital | 0.9% | 3.3% |
| Net debt to EBITDA | 10.0x | 5.7x |
| Dividends and buybacks | $358M | $29M |
| Change in diluted share count | 0.0% | 0.9% |
| Last close | $31.41 | $87.13 |
| P/E at the last close | — | 42.7× |
| Insider trades, last 12 months | — | sold $12.0 million |
| Piotroski F-score | 6 of 9 | 4 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Clearway EnergyOrmat Technologies
Operating margin
Percent of revenue
Clearway EnergyOrmat Technologies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Clearway EnergyOrmat Technologies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Clearway Energy and Ormat Technologies pages.