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Side-by-side financial comparison of Hamilton Insurance Group, Ltd. (HG) and ORMAT TECHNOLOGIES, INC. (ORA). Click either name above to swap in a different company.

Hamilton Insurance Group, Ltd. is the larger business by last-quarter revenue ($758.9M vs $403.9M, roughly 1.9× ORMAT TECHNOLOGIES, INC.). Hamilton Insurance Group, Ltd. runs the higher net margin — 17.6% vs 10.9%, a 6.7% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (75.8% vs -1.3%). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (37.7% CAGR vs 13.6%).

White Mountains Insurance Group is a diversified insurance and related financial services holding company based in Hamilton, Bermuda. Redomiciled from Delaware, United States, on October 25, 1999, the company conducts most of its business through its insurance subsidiaries and other affiliates.

Ormat Technologies, Inc. is an international company based in Reno, Nevada, United States. Ormat supplies alternative and renewable geothermal energy technology. The company has built over 190 power plants and installed over 3,200 MW of output. As of January 2021 it owns and operates 933 MW of geothermal and recovered energy based power plants. Ormat has supplied over 1000 turbochargers worldwide, in North America, South America, Europe, Australia, and Asia. The company's products also includ...

HG vs ORA — Head-to-Head

Bigger by revenue
HG
HG
1.9× larger
HG
$758.9M
$403.9M
ORA
Growing faster (revenue YoY)
ORA
ORA
+77.0% gap
ORA
75.8%
-1.3%
HG
Higher net margin
HG
HG
6.7% more per $
HG
17.6%
10.9%
ORA
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
37.7%
13.6%
HG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HG
HG
ORA
ORA
Revenue
$758.9M
$403.9M
Net Profit
$133.5M
$44.1M
Gross Margin
29.8%
Operating Margin
19.9%
Net Margin
17.6%
10.9%
Revenue YoY
-1.3%
75.8%
Net Profit YoY
19.7%
9.2%
EPS (diluted)
$1.31
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HG
HG
ORA
ORA
Q1 26
$758.9M
$403.9M
Q4 25
$728.3M
$276.0M
Q3 25
$667.6M
$249.7M
Q2 25
$740.8M
$234.0M
Q1 25
$768.8M
$229.8M
Q4 24
$570.5M
$230.7M
Q3 24
$512.8M
$211.8M
Q2 24
$587.9M
$213.0M
Net Profit
HG
HG
ORA
ORA
Q1 26
$133.5M
$44.1M
Q4 25
$214.6M
$31.4M
Q3 25
$176.4M
$24.1M
Q2 25
$267.8M
$28.0M
Q1 25
$181.3M
$40.4M
Q4 24
$74.4M
$40.8M
Q3 24
$61.0M
$22.1M
Q2 24
$200.4M
$22.2M
Gross Margin
HG
HG
ORA
ORA
Q1 26
29.8%
Q4 25
28.6%
Q3 25
25.6%
Q2 25
24.3%
Q1 25
31.7%
Q4 24
31.9%
Q3 24
27.8%
Q2 24
28.8%
Operating Margin
HG
HG
ORA
ORA
Q1 26
19.9%
Q4 25
26.0%
15.4%
Q3 25
27.0%
16.2%
Q2 25
36.5%
15.1%
Q1 25
24.0%
22.2%
Q4 24
13.4%
21.3%
Q3 24
12.5%
16.8%
Q2 24
34.5%
16.5%
Net Margin
HG
HG
ORA
ORA
Q1 26
17.6%
10.9%
Q4 25
29.5%
11.4%
Q3 25
26.4%
9.7%
Q2 25
36.1%
12.0%
Q1 25
23.6%
17.6%
Q4 24
13.0%
17.7%
Q3 24
11.9%
10.4%
Q2 24
34.1%
10.4%
EPS (diluted)
HG
HG
ORA
ORA
Q1 26
$1.31
$0.71
Q4 25
$1.67
$0.51
Q3 25
$1.32
$0.39
Q2 25
$1.79
$0.46
Q1 25
$0.77
$0.66
Q4 24
$0.35
$0.67
Q3 24
$0.74
$0.36
Q2 24
$1.20
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HG
HG
ORA
ORA
Cash + ST InvestmentsLiquidity on hand
$842.5M
$654.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.7B
$2.7B
Total Assets
$9.9B
$6.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HG
HG
ORA
ORA
Q1 26
$842.5M
$654.6M
Q4 25
$1.1B
$147.4M
Q3 25
$955.1M
$79.6M
Q2 25
$985.6M
$88.5M
Q1 25
$838.5M
$112.7M
Q4 24
$996.5M
$94.4M
Q3 24
$957.4M
$88.1M
Q2 24
$1.0B
$66.3M
Total Debt
HG
HG
ORA
ORA
Q1 26
Q4 25
$149.7M
$2.7B
Q3 25
$149.7M
Q2 25
$149.7M
Q1 25
$150.0M
Q4 24
$149.9M
$2.3B
Q3 24
$149.9M
Q2 24
$149.9M
Stockholders' Equity
HG
HG
ORA
ORA
Q1 26
$2.7B
$2.7B
Q4 25
$2.8B
$2.5B
Q3 25
$2.7B
$2.5B
Q2 25
$2.6B
$2.5B
Q1 25
$2.4B
$2.5B
Q4 24
$2.3B
$2.4B
Q3 24
$2.3B
$2.4B
Q2 24
$2.2B
$2.4B
Total Assets
HG
HG
ORA
ORA
Q1 26
$9.9B
$6.8B
Q4 25
$9.6B
$6.2B
Q3 25
$9.2B
$6.1B
Q2 25
$8.9B
$6.0B
Q1 25
$8.3B
$5.8B
Q4 24
$7.8B
$5.7B
Q3 24
$7.8B
$5.6B
Q2 24
$7.6B
$5.5B
Debt / Equity
HG
HG
ORA
ORA
Q1 26
Q4 25
0.05×
1.05×
Q3 25
0.06×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.06×
0.97×
Q3 24
0.06×
Q2 24
0.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HG
HG

Segment breakdown not available.

ORA
ORA

Electricity$181.6M45%
Product$177.4M44%
Energy storage$44.9M11%

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