Ormat Technologies Inc (ORA)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	166,585	145,182	146,508	160,891	152,803	177,439	174,534	164,546	169,357	167,691	183,389	202,845	214,013	215,290	202,323	201,128	193,796	207,306	194,489	184,242
Revenue (ttm)	US$ in thousands	1,330,609	1,267,824	1,230,814	1,203,225	1,203,635	1,199,629	1,177,737	1,145,542	1,097,638	959,486	850,275	775,709	705,342	718,402	729,954	739,119	746,044	744,067	740,048	734,282
Operating profit margin		12.52%	11.45%	11.90%	13.37%	12.70%	14.79%	14.82%	14.36%	15.43%	17.48%	21.57%	26.15%	30.34%	29.97%	27.72%	27.21%	25.98%	27.86%	26.28%	25.09%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $166,585K ÷ $1,330,609K
= 12.52%

Ormat Technologies Inc's operating profit margin has shown fluctuations over the past eight quarters. The company's operating profit margin ranged from a low of 20.53% in Q4 2023 to a high of 26.17% in Q1 2023. There was a general downward trend from Q1 2023 to Q4 2023, suggesting a decrease in profitability during this period. However, these fluctuations were relatively moderate, indicating overall stability in the company's operational efficiency. Ormat Technologies Inc's operating profit margin performance is important for assessing the company's ability to generate profits from its core business operations. Further analysis and comparison with industry benchmarks would provide additional insights into the company's operational efficiency and profitability.