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

RYAN SPECIALTY HOLDINGS, INC. is the larger business by last-quarter revenue ($795.2M vs $403.9M, roughly 2.0× ORMAT TECHNOLOGIES, INC.). ORMAT TECHNOLOGIES, INC. runs the higher net margin — 10.9% vs 5.1%, a 5.8% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (75.8% vs 15.2%). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (37.7% CAGR vs 8.1%).

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...

Aon plc is a British-American professional services firm. The company operates two divisions: Risk Capital, which provides brokerage and consulting services for risk management and insurance and reinsurance, and Human Capital, which provides services for health insurance, retirement plans, pension plans, and talent advisory.

ORA vs RYAN — Head-to-Head

Bigger by revenue
RYAN
RYAN
2.0× larger
RYAN
$795.2M
$403.9M
ORA
Growing faster (revenue YoY)
ORA
ORA
+60.5% gap
ORA
75.8%
15.2%
RYAN
Higher net margin
ORA
ORA
5.8% more per $
ORA
10.9%
5.1%
RYAN
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
37.7%
8.1%
RYAN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ORA
ORA
RYAN
RYAN
Revenue
$403.9M
$795.2M
Net Profit
$44.1M
$40.6M
Gross Margin
29.8%
Operating Margin
19.9%
11.9%
Net Margin
10.9%
5.1%
Revenue YoY
75.8%
15.2%
Net Profit YoY
9.2%
1025.0%
EPS (diluted)
$0.71
$0.13

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
ORA
ORA
RYAN
RYAN
Q1 26
$403.9M
$795.2M
Q4 25
$276.0M
$738.0M
Q3 25
$249.7M
$739.6M
Q2 25
$234.0M
$840.9M
Q1 25
$229.8M
$676.1M
Q4 24
$230.7M
$649.4M
Q3 24
$211.8M
$588.1M
Q2 24
$213.0M
$680.2M
Net Profit
ORA
ORA
RYAN
RYAN
Q1 26
$44.1M
$40.6M
Q4 25
$31.4M
$8.0M
Q3 25
$24.1M
$31.1M
Q2 25
$28.0M
$52.0M
Q1 25
$40.4M
$-27.6M
Q4 24
$40.8M
$13.8M
Q3 24
$22.1M
$17.6M
Q2 24
$22.2M
$46.8M
Gross Margin
ORA
ORA
RYAN
RYAN
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
ORA
ORA
RYAN
RYAN
Q1 26
19.9%
11.9%
Q4 25
15.4%
12.4%
Q3 25
16.2%
15.0%
Q2 25
15.1%
22.7%
Q1 25
22.2%
14.8%
Q4 24
21.3%
16.8%
Q3 24
16.8%
13.9%
Q2 24
16.5%
24.2%
Net Margin
ORA
ORA
RYAN
RYAN
Q1 26
10.9%
5.1%
Q4 25
11.4%
1.1%
Q3 25
9.7%
4.2%
Q2 25
12.0%
6.2%
Q1 25
17.6%
-4.1%
Q4 24
17.7%
2.1%
Q3 24
10.4%
3.0%
Q2 24
10.4%
6.9%
EPS (diluted)
ORA
ORA
RYAN
RYAN
Q1 26
$0.71
$0.13
Q4 25
$0.51
Q3 25
$0.39
Q2 25
$0.46
Q1 25
$0.66
Q4 24
$0.67
Q3 24
$0.36
Q2 24
$0.37

Balance Sheet & Financial Strength

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

Metric
ORA
ORA
RYAN
RYAN
Cash + ST InvestmentsLiquidity on hand
$654.6M
$154.7M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$2.7B
$1.2B
Total Assets
$6.8B
$11.0B
Debt / EquityLower = less leverage
2.90×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORA
ORA
RYAN
RYAN
Q1 26
$654.6M
$154.7M
Q4 25
$147.4M
$158.3M
Q3 25
$79.6M
$153.5M
Q2 25
$88.5M
$172.6M
Q1 25
$112.7M
$203.5M
Q4 24
$94.4M
$540.2M
Q3 24
$88.1M
$235.2M
Q2 24
$66.3M
$1.7B
Total Debt
ORA
ORA
RYAN
RYAN
Q1 26
$3.5B
Q4 25
$2.7B
$3.3B
Q3 25
Q2 25
Q1 25
Q4 24
$2.3B
$3.3B
Q3 24
Q2 24
Stockholders' Equity
ORA
ORA
RYAN
RYAN
Q1 26
$2.7B
$1.2B
Q4 25
$2.5B
$648.1M
Q3 25
$2.5B
$630.5M
Q2 25
$2.5B
$610.1M
Q1 25
$2.5B
$542.5M
Q4 24
$2.4B
$627.7M
Q3 24
$2.4B
$632.8M
Q2 24
$2.4B
$605.9M
Total Assets
ORA
ORA
RYAN
RYAN
Q1 26
$6.8B
$11.0B
Q4 25
$6.2B
$10.6B
Q3 25
$6.1B
$9.9B
Q2 25
$6.0B
$10.6B
Q1 25
$5.8B
$9.9B
Q4 24
$5.7B
$9.6B
Q3 24
$5.6B
$8.5B
Q2 24
$5.5B
$8.3B
Debt / Equity
ORA
ORA
RYAN
RYAN
Q1 26
2.90×
Q4 25
1.05×
5.16×
Q3 25
Q2 25
Q1 25
Q4 24
0.97×
5.22×
Q3 24
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ORA
ORA

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

RYAN
RYAN

Compensation and benefits$495.2M62%
Other$260.4M33%
Change in contingent consideration$27.3M3%
Fiduciary investment income$12.3M2%

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