Company / Interest Expense
Ormat Technologies Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$98.9M
FY2023
5-year range
$82.7M / $98.9M
FY2019-FY2023
Trend
+12.7%
vs FY2022
Sector context
#26 of 31
Utilities
What the data says
Ormat Technologies's interest expense of $99M is lower than 84% of companies in the Utilities sector (FY2023). Interest Expense has increased for 3 consecutive years, from $78M in FY2020 to $99M in FY2023.
Based on SEC 10-K filings.
$99M in FY2023 with a 5-year CAGR of +6.9%.
Increased from $83M to $99M over the past 2 years.
Utilities sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +8.2%
- 5-Year CAGR
- +6.9%
- 10-Year CAGR
- -
Sector benchmark
Top 16% in UtilitiesTop 16% of 31This company $98.9M Sector average $686.7M
▼
-85.6% below sector average
Key checks
Key Insights
- Ormat Technologies's interest expense has grown for 3 consecutive years.
- 5-year CAGR of +6.9%, indicating consistent growth.
- In FY2023, interest expense increased 12.7% year-over-year.
- Ranks #26 out of 31 companies in the Utilities sector.
Company context
Key Data Points
- Altman Z-Score 0.36 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $98.9M | +12.7% |
| FY2022 | $87.7M | +6.2% |
| FY2021 | $82.7M | +6.0% |
| FY2020 | $78.0M | -3.0% |
| FY2019 | $80.4M | +13.3% |
| FY2018 | $70.9M | +31.0% |
| FY2017 | $54.1M | -19.7% |
| FY2016 | $67.4M | -7.1% |
As of FY2023 · SEC 10-K · Updated Mar 28, 2026