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Side-by-side financial comparison of MILLER INDUSTRIES INC (MLR) and ORMAT TECHNOLOGIES, INC. (ORA). Click either name above to swap in a different company.

ORMAT TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($276.0M vs $171.9M, roughly 1.6× MILLER INDUSTRIES INC). On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (19.6% vs -22.5%). MILLER INDUSTRIES INC produced more free cash flow last quarter ($43.8M vs $-40.0M). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (11.0% CAGR vs -29.9%).

Miller Industries is an American tow truck and towing equipment manufacturing company based in the Chattanooga suburb of Ooltewah, Tennessee. Its primary subsidiary, Miller Industries Towing Equipment Inc., manufactures a variety of light- to heavy-duty wreckers, car carriers, and rotators under several brand names, including Century, Vulcan, Chevron, and Holmes. Miller Industries also operates international brands with Boniface (U.K.) and Jige (France). It is listed on the New York Stock Exc...

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...

MLR vs ORA — Head-to-Head

Bigger by revenue
ORA
ORA
1.6× larger
ORA
$276.0M
$171.9M
MLR
Growing faster (revenue YoY)
ORA
ORA
+42.2% gap
ORA
19.6%
-22.5%
MLR
More free cash flow
MLR
MLR
$83.8M more FCF
MLR
$43.8M
$-40.0M
ORA
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
11.0%
-29.9%
MLR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLR
MLR
ORA
ORA
Revenue
$171.9M
$276.0M
Net Profit
$31.4M
Gross Margin
15.4%
28.6%
Operating Margin
2.9%
15.4%
Net Margin
11.4%
Revenue YoY
-22.5%
19.6%
Net Profit YoY
-23.2%
EPS (diluted)
$0.29
$0.51

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
MLR
MLR
ORA
ORA
Q4 25
$171.9M
$276.0M
Q3 25
$178.7M
$249.7M
Q2 25
$214.0M
$234.0M
Q1 25
$225.7M
$229.8M
Q4 24
$221.9M
$230.7M
Q3 24
$314.3M
$211.8M
Q2 24
$371.5M
$213.0M
Q1 24
$349.9M
$224.2M
Net Profit
MLR
MLR
ORA
ORA
Q4 25
$31.4M
Q3 25
$3.1M
$24.1M
Q2 25
$8.5M
$28.0M
Q1 25
$8.1M
$40.4M
Q4 24
$40.8M
Q3 24
$15.4M
$22.1M
Q2 24
$20.5M
$22.2M
Q1 24
$17.0M
$38.6M
Gross Margin
MLR
MLR
ORA
ORA
Q4 25
15.4%
28.6%
Q3 25
14.2%
25.6%
Q2 25
16.2%
24.3%
Q1 25
15.0%
31.7%
Q4 24
15.1%
31.9%
Q3 24
13.4%
27.8%
Q2 24
13.8%
28.8%
Q1 24
12.6%
35.2%
Operating Margin
MLR
MLR
ORA
ORA
Q4 25
2.9%
15.4%
Q3 25
2.4%
16.2%
Q2 25
5.3%
15.1%
Q1 25
4.8%
22.2%
Q4 24
5.7%
21.3%
Q3 24
6.3%
16.8%
Q2 24
7.1%
16.5%
Q1 24
6.1%
23.5%
Net Margin
MLR
MLR
ORA
ORA
Q4 25
11.4%
Q3 25
1.7%
9.7%
Q2 25
4.0%
12.0%
Q1 25
3.6%
17.6%
Q4 24
17.7%
Q3 24
4.9%
10.4%
Q2 24
5.5%
10.4%
Q1 24
4.9%
17.2%
EPS (diluted)
MLR
MLR
ORA
ORA
Q4 25
$0.29
$0.51
Q3 25
$0.27
$0.39
Q2 25
$0.73
$0.46
Q1 25
$0.69
$0.66
Q4 24
$0.89
$0.67
Q3 24
$1.33
$0.36
Q2 24
$1.78
$0.37
Q1 24
$1.47
$0.64

Balance Sheet & Financial Strength

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

Metric
MLR
MLR
ORA
ORA
Cash + ST InvestmentsLiquidity on hand
$147.4M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$420.6M
$2.5B
Total Assets
$589.7M
$6.2B
Debt / EquityLower = less leverage
1.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLR
MLR
ORA
ORA
Q4 25
$147.4M
Q3 25
$79.6M
Q2 25
$88.5M
Q1 25
$112.7M
Q4 24
$94.4M
Q3 24
$88.1M
Q2 24
$66.3M
Q1 24
$201.5M
Total Debt
MLR
MLR
ORA
ORA
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.3B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
MLR
MLR
ORA
ORA
Q4 25
$420.6M
$2.5B
Q3 25
$420.7M
$2.5B
Q2 25
$418.6M
$2.5B
Q1 25
$406.5M
$2.5B
Q4 24
$401.0M
$2.4B
Q3 24
$395.2M
$2.4B
Q2 24
$379.9M
$2.4B
Q1 24
$362.4M
$2.4B
Total Assets
MLR
MLR
ORA
ORA
Q4 25
$589.7M
$6.2B
Q3 25
$604.3M
$6.1B
Q2 25
$622.9M
$6.0B
Q1 25
$639.7M
$5.8B
Q4 24
$667.0M
$5.7B
Q3 24
$755.3M
$5.6B
Q2 24
$748.2M
$5.5B
Q1 24
$696.5M
$5.5B
Debt / Equity
MLR
MLR
ORA
ORA
Q4 25
1.05×
Q3 25
Q2 25
Q1 25
Q4 24
0.97×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MLR
MLR
ORA
ORA
Operating Cash FlowLast quarter
$48.9M
$105.0M
Free Cash FlowOCF − Capex
$43.8M
$-40.0M
FCF MarginFCF / Revenue
25.5%
-14.5%
Capex IntensityCapex / Revenue
3.0%
52.6%
Cash ConversionOCF / Net Profit
3.35×
TTM Free Cash FlowTrailing 4 quarters
$85.0M
$-284.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLR
MLR
ORA
ORA
Q4 25
$48.9M
$105.0M
Q3 25
$19.9M
$45.2M
Q2 25
$27.2M
$96.9M
Q1 25
$2.7M
$88.0M
Q4 24
$-11.7M
$158.6M
Q3 24
$30.3M
$106.4M
Q2 24
$-10.7M
$30.7M
Q1 24
$9.0M
$115.2M
Free Cash Flow
MLR
MLR
ORA
ORA
Q4 25
$43.8M
$-40.0M
Q3 25
$18.1M
$-102.1M
Q2 25
$25.6M
$-37.9M
Q1 25
$-2.4M
$-104.6M
Q4 24
$-13.0M
$30.9M
Q3 24
$24.0M
$-3.3M
Q2 24
$-13.8M
$-116.1M
Q1 24
$4.3M
$11.8M
FCF Margin
MLR
MLR
ORA
ORA
Q4 25
25.5%
-14.5%
Q3 25
10.1%
-40.9%
Q2 25
11.9%
-16.2%
Q1 25
-1.1%
-45.5%
Q4 24
-5.9%
13.4%
Q3 24
7.6%
-1.6%
Q2 24
-3.7%
-54.5%
Q1 24
1.2%
5.3%
Capex Intensity
MLR
MLR
ORA
ORA
Q4 25
3.0%
52.6%
Q3 25
1.0%
59.0%
Q2 25
0.8%
57.6%
Q1 25
2.3%
83.8%
Q4 24
0.6%
55.4%
Q3 24
2.0%
51.8%
Q2 24
0.8%
69.0%
Q1 24
1.3%
46.1%
Cash Conversion
MLR
MLR
ORA
ORA
Q4 25
3.35×
Q3 25
6.46×
1.87×
Q2 25
3.22×
3.45×
Q1 25
0.34×
2.18×
Q4 24
3.89×
Q3 24
1.96×
4.82×
Q2 24
-0.52×
1.38×
Q1 24
0.53×
2.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MLR
MLR

Segment breakdown not available.

ORA
ORA

Electricity$186.6M68%
Products$63.1M23%
Energy Storage Segment$26.3M10%
Product Segment$1.2M0%

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