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

ORMAT TECHNOLOGIES, INC. is the larger business by last-quarter revenue ($403.9M vs $385.4M, roughly 1.0× UNIVERSAL LOGISTICS HOLDINGS, INC.). ORMAT TECHNOLOGIES, INC. runs the higher net margin — 10.9% vs 1.0%, a 9.9% gap on every dollar of revenue. On growth, ORMAT TECHNOLOGIES, INC. posted the faster year-over-year revenue change (75.8% vs -17.1%). Over the past eight quarters, ORMAT TECHNOLOGIES, INC.'s revenue compounded faster (37.7% CAGR vs -11.5%).

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...

Universal Music Group N.V. is a multinational music corporation under Dutch law. UMG's corporate headquarters are located in Hilversum, Netherlands, and its operational headquarters are located in Santa Monica, California. As the biggest music company in the world, it is one of the "Big Three" record labels, along with Sony Music Entertainment and Warner Music Group. Tencent acquired ten percent of Universal Music Group in March 2020 for €3 billion and acquired an additional ten percent stake...

ORA vs ULH — Head-to-Head

Bigger by revenue
ORA
ORA
1.0× larger
ORA
$403.9M
$385.4M
ULH
Growing faster (revenue YoY)
ORA
ORA
+92.9% gap
ORA
75.8%
-17.1%
ULH
Higher net margin
ORA
ORA
9.9% more per $
ORA
10.9%
1.0%
ULH
Faster 2-yr revenue CAGR
ORA
ORA
Annualised
ORA
37.7%
-11.5%
ULH

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ORA
ORA
ULH
ULH
Revenue
$403.9M
$385.4M
Net Profit
$44.1M
$3.7M
Gross Margin
29.8%
Operating Margin
19.9%
4.5%
Net Margin
10.9%
1.0%
Revenue YoY
75.8%
-17.1%
Net Profit YoY
9.2%
-81.5%
EPS (diluted)
$0.71
$0.14

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
ULH
ULH
Q1 26
$403.9M
Q4 25
$276.0M
$385.4M
Q3 25
$249.7M
$396.8M
Q2 25
$234.0M
$393.8M
Q1 25
$229.8M
$382.4M
Q4 24
$230.7M
$465.1M
Q3 24
$211.8M
$426.8M
Q2 24
$213.0M
$462.2M
Net Profit
ORA
ORA
ULH
ULH
Q1 26
$44.1M
Q4 25
$31.4M
$3.7M
Q3 25
$24.1M
$-117.9M
Q2 25
$28.0M
$8.3M
Q1 25
$40.4M
$6.0M
Q4 24
$40.8M
$20.2M
Q3 24
$22.1M
$26.5M
Q2 24
$22.2M
$30.7M
Gross Margin
ORA
ORA
ULH
ULH
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
ULH
ULH
Q1 26
19.9%
Q4 25
15.4%
4.5%
Q3 25
16.2%
-29.6%
Q2 25
15.1%
5.1%
Q1 25
22.2%
4.1%
Q4 24
21.3%
8.2%
Q3 24
16.8%
10.0%
Q2 24
16.5%
10.2%
Net Margin
ORA
ORA
ULH
ULH
Q1 26
10.9%
Q4 25
11.4%
1.0%
Q3 25
9.7%
-29.7%
Q2 25
12.0%
2.1%
Q1 25
17.6%
1.6%
Q4 24
17.7%
4.3%
Q3 24
10.4%
6.2%
Q2 24
10.4%
6.7%
EPS (diluted)
ORA
ORA
ULH
ULH
Q1 26
$0.71
Q4 25
$0.51
$0.14
Q3 25
$0.39
$-4.48
Q2 25
$0.46
$0.32
Q1 25
$0.66
$0.23
Q4 24
$0.67
$0.76
Q3 24
$0.36
$1.01
Q2 24
$0.37
$1.17

Balance Sheet & Financial Strength

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

Metric
ORA
ORA
ULH
ULH
Cash + ST InvestmentsLiquidity on hand
$654.6M
$26.8M
Total DebtLower is stronger
$797.6M
Stockholders' EquityBook value
$2.7B
$540.4M
Total Assets
$6.8B
$1.8B
Debt / EquityLower = less leverage
1.48×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ORA
ORA
ULH
ULH
Q1 26
$654.6M
Q4 25
$147.4M
$26.8M
Q3 25
$79.6M
$27.4M
Q2 25
$88.5M
$24.3M
Q1 25
$112.7M
$20.6M
Q4 24
$94.4M
$19.4M
Q3 24
$88.1M
$11.8M
Q2 24
$66.3M
$7.5M
Total Debt
ORA
ORA
ULH
ULH
Q1 26
Q4 25
$2.7B
$797.6M
Q3 25
$824.2M
Q2 25
$795.5M
Q1 25
$736.7M
Q4 24
$2.3B
$759.1M
Q3 24
$557.4M
Q2 24
$483.8M
Stockholders' Equity
ORA
ORA
ULH
ULH
Q1 26
$2.7B
Q4 25
$2.5B
$540.4M
Q3 25
$2.5B
$534.9M
Q2 25
$2.5B
$653.7M
Q1 25
$2.5B
$646.4M
Q4 24
$2.4B
$647.0M
Q3 24
$2.4B
$631.0M
Q2 24
$2.4B
$608.9M
Total Assets
ORA
ORA
ULH
ULH
Q1 26
$6.8B
Q4 25
$6.2B
$1.8B
Q3 25
$6.1B
$1.8B
Q2 25
$6.0B
$1.9B
Q1 25
$5.8B
$1.8B
Q4 24
$5.7B
$1.8B
Q3 24
$5.6B
$1.6B
Q2 24
$5.5B
$1.5B
Debt / Equity
ORA
ORA
ULH
ULH
Q1 26
Q4 25
1.05×
1.48×
Q3 25
1.54×
Q2 25
1.22×
Q1 25
1.14×
Q4 24
0.97×
1.17×
Q3 24
0.88×
Q2 24
0.79×

Cash Flow & Capital Efficiency

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

Metric
ORA
ORA
ULH
ULH
Operating Cash FlowLast quarter
$47.1M
Free Cash FlowOCF − Capex
$14.3M
FCF MarginFCF / Revenue
3.7%
Capex IntensityCapex / Revenue
8.5%
Cash ConversionOCF / Net Profit
12.62×
TTM Free Cash FlowTrailing 4 quarters
$-41.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ORA
ORA
ULH
ULH
Q1 26
Q4 25
$105.0M
$47.1M
Q3 25
$45.2M
$25.9M
Q2 25
$96.9M
$25.7M
Q1 25
$88.0M
$84.3M
Q4 24
$158.6M
$59.7M
Q3 24
$106.4M
$6.2M
Q2 24
$30.7M
$9.6M
Free Cash Flow
ORA
ORA
ULH
ULH
Q1 26
Q4 25
$-40.0M
$14.3M
Q3 25
$-102.1M
$-28.6M
Q2 25
$-37.9M
$-58.5M
Q1 25
$-104.6M
$31.7M
Q4 24
$30.9M
$18.9M
Q3 24
$-3.3M
$-58.9M
Q2 24
$-116.1M
$-67.6M
FCF Margin
ORA
ORA
ULH
ULH
Q1 26
Q4 25
-14.5%
3.7%
Q3 25
-40.9%
-7.2%
Q2 25
-16.2%
-14.9%
Q1 25
-45.5%
8.3%
Q4 24
13.4%
4.1%
Q3 24
-1.6%
-13.8%
Q2 24
-54.5%
-14.6%
Capex Intensity
ORA
ORA
ULH
ULH
Q1 26
Q4 25
52.6%
8.5%
Q3 25
59.0%
13.7%
Q2 25
57.6%
21.4%
Q1 25
83.8%
13.7%
Q4 24
55.4%
8.8%
Q3 24
51.8%
15.3%
Q2 24
69.0%
16.7%
Cash Conversion
ORA
ORA
ULH
ULH
Q1 26
Q4 25
3.35×
12.62×
Q3 25
1.87×
Q2 25
3.45×
3.09×
Q1 25
2.18×
14.02×
Q4 24
3.89×
2.96×
Q3 24
4.82×
0.23×
Q2 24
1.38×
0.31×

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%

ULH
ULH

Value Added Services$183.7M48%
Dedicated Services$84.9M22%
Intermodal$52.7M14%
Truckload Services$48.8M13%
Brokerage Services$16.1M4%

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