Ormat Technologies, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $692.8M | $662.6M | $594.6M | $559.5M | $533.2M | $501.8M | $425.5M | $373.2M |
| Cost of Revenue | $424.4M | $391.8M | $376.4M | $355.8M | $373.4M | $372.8M | $311.7M | $295.6M |
| Gross Profit | $268.5M | $270.8M | $218.3M | $203.8M | $159.8M | $129.0M | $113.8M | $77.6M |
| Gross Margin | 38.7% | 40.9% | 36.7% | 36.4% | 30.0% | 25.7% | 26.7% | 20.8% |
| Operating Expenses | ||||||||
| Research & Development | $3.2M | $2.8M | $1.8M | $783.0K | $5.0M | $6.1M | $8.8M | $10.1M |
| SG&A Expense | $42.9M | $46.7M | $34.8M | $28.6M | $29.2M | $28.1M | $27.4M | $27.4M |
| Operating Income | $205.0M | $201.9M | $164.1M | $143.5M | $97.0M | $-159.9M | $61.6M | $23.6M |
| Operating Margin | 29.6% | 30.5% | 27.6% | 25.6% | 18.2% | -31.9% | 14.5% | 6.3% |
| Interest Expense | $54.1M | $67.4M | $72.6M | $84.7M | $73.8M | $64.1M | $69.5M | $40.5M |
| Pretax Income | $170.7M | $141.1M | $113.6M | $85.8M | $51.1M | $-211.8M | $4.3M | $30.8M |
| Income Tax Expense | $21.7M | $37.1M | $-16.1M | $27.6M | $13.6M | $1.8M | $48.2M | $-1.1M |
| Net Income | $132.4M | $88.7M | $120.4M | $54.2M | $41.2M | $-213.0M | $-43.1M | $37.3M |
| Net Margin | 19.1% | 13.4% | 20.2% | 9.7% | 7.7% | -42.5% | -10.1% | 10.0% |
| EPS (Basic) | $2.64 | $1.79 | $2.48 | $1.19 | $0.91 | $-4.69 | $-0.95 | $0.82 |
| EPS (Diluted) | $2.61 | $1.77 | $2.45 | $1.18 | $0.91 | $-4.69 | $-0.95 | $0.82 |
| Shares Outstanding (Basic) | 50.1M | 49.5M | 48.6M | 45.5M | 45.4M | 45.4M | 45.4M | 45.4M |
| Shares Outstanding (Diluted) | 50.8M | 50.1M | 49.2M | 45.9M | 45.5M | 45.4M | 45.4M | 45.5M |
| Dividends Per Share | $0.44 | $0.52 | $0.26 | $0.21 | $0.08 | $0.08 | $0.13 | $0.27 |