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IDACORP INC（IDA）与ORMAT TECHNOLOGIES, INC.（ORA）财务数据对比。点击上方公司名可切换其他公司
IDACORP INC的季度营收约是ORMAT TECHNOLOGIES, INC.的1.3倍（$360.1M vs $276.0M），IDACORP INC净利率更高（12.1% vs 11.4%，领先0.8%），ORMAT TECHNOLOGIES, INC.同比增速更快（19.6% vs -4.2%），ORMAT TECHNOLOGIES, INC.自由现金流更多（$-40.0M vs $-216.2M），过去两年ORMAT TECHNOLOGIES, INC.的营收复合增速更高（11.0% vs -7.2%）
IDACORP Inc是注册于美国爱达荷州、总部设在博伊西的电力控股企业，成立于1998年10月1日，旗下拥有爱达荷电力公司、IDACORP金融公司及Ida-West能源公司，业务覆盖电力供应、能源服务及相关配套金融服务领域。
Ormat Technologies是总部位于美国内华达州里诺的跨国企业，主打可再生地热能源技术，累计建成超190座电站，总装机容量超3200兆瓦；截至2021年1月自主运营933兆瓦地热及余热回收电站，还向全球多国供应超千台涡轮增压器。
IDA vs ORA — 直观对比
营收规模更大
IDA
是对方的1.3倍
$276.0M
营收增速更快
ORA
高出23.8%
-4.2%
净利率更高
IDA
高出0.8%
11.4%
自由现金流更多
ORA
多$176.2M
$-216.2M
两年增速更快
ORA
近两年复合增速
-7.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $360.1M | $276.0M |
| 净利润 | $43.6M | $31.4M |
| 毛利率 | — | 28.6% |
| 营业利润率 | 14.9% | 15.4% |
| 净利率 | 12.1% | 11.4% |
| 营收同比 | -4.2% | 19.6% |
| 净利润同比 | 15.1% | -23.2% |
| 每股收益（稀释后） | $0.78 | $0.51 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收IDAORA
| Q4 25 | $360.1M | $276.0M | ||
| Q3 25 | $526.4M | $249.7M | ||
| Q2 25 | $449.3M | $234.0M | ||
| Q1 25 | $411.1M | $229.8M | ||
| Q4 24 | $375.9M | $230.7M | ||
| Q3 24 | $532.5M | $211.8M | ||
| Q2 24 | $442.6M | $213.0M | ||
| Q1 24 | $417.9M | $224.2M |
净利润IDAORA
| Q4 25 | $43.6M | $31.4M | ||
| Q3 25 | $124.4M | $24.1M | ||
| Q2 25 | $95.8M | $28.0M | ||
| Q1 25 | $59.6M | $40.4M | ||
| Q4 24 | $37.9M | $40.8M | ||
| Q3 24 | $113.6M | $22.1M | ||
| Q2 24 | $89.5M | $22.2M | ||
| Q1 24 | $48.2M | $38.6M |
毛利率IDAORA
| 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% | ||
| Q1 24 | — | 35.2% |
营业利润率IDAORA
| Q4 25 | 14.9% | 15.4% | ||
| Q3 25 | 27.5% | 16.2% | ||
| Q2 25 | 22.4% | 15.1% | ||
| Q1 25 | 13.4% | 22.2% | ||
| Q4 24 | 11.0% | 21.3% | ||
| Q3 24 | 25.1% | 16.8% | ||
| Q2 24 | 23.3% | 16.5% | ||
| Q1 24 | 11.9% | 23.5% |
净利率IDAORA
| Q4 25 | 12.1% | 11.4% | ||
| Q3 25 | 23.6% | 9.7% | ||
| Q2 25 | 21.3% | 12.0% | ||
| Q1 25 | 14.5% | 17.6% | ||
| Q4 24 | 10.1% | 17.7% | ||
| Q3 24 | 21.3% | 10.4% | ||
| Q2 24 | 20.2% | 10.4% | ||
| Q1 24 | 11.5% | 17.2% |
每股收益（稀释后）IDAORA
| Q4 25 | $0.78 | $0.51 | ||
| Q3 25 | $2.26 | $0.39 | ||
| Q2 25 | $1.76 | $0.46 | ||
| Q1 25 | $1.10 | $0.66 | ||
| Q4 24 | $0.72 | $0.67 | ||
| Q3 24 | $2.12 | $0.36 | ||
| Q2 24 | $1.71 | $0.37 | ||
| Q1 24 | $0.95 | $0.64 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $215.7M | $147.4M |
| 总债务越低越好 | $3.3B | $2.7B |
| 股东权益账面价值 | $3.6B | $2.5B |
| 总资产 | $10.2B | $6.2B |
| 负债/权益比越低杠杆越低 | 0.93× | 1.05× |
8季度趋势，按日历期对齐
现金及短期投资IDAORA
| Q4 25 | $215.7M | $147.4M | ||
| Q3 25 | $333.2M | $79.6M | ||
| Q2 25 | $474.5M | $88.5M | ||
| Q1 25 | $634.5M | $112.7M | ||
| Q4 24 | $368.9M | $94.4M | ||
| Q3 24 | $427.9M | $88.1M | ||
| Q2 24 | $169.6M | $66.3M | ||
| Q1 24 | $157.6M | $201.5M |
总债务IDAORA
| Q4 25 | $3.3B | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $3.1B | $2.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益IDAORA
| Q4 25 | $3.6B | $2.5B | ||
| Q3 25 | $3.5B | $2.5B | ||
| Q2 25 | $3.4B | $2.5B | ||
| Q1 25 | $3.3B | $2.5B | ||
| Q4 24 | $3.3B | $2.4B | ||
| Q3 24 | $3.3B | $2.4B | ||
| Q2 24 | $3.2B | $2.4B | ||
| Q1 24 | $2.9B | $2.4B |
总资产IDAORA
| Q4 25 | $10.2B | $6.2B | ||
| Q3 25 | $10.1B | $6.1B | ||
| Q2 25 | $9.9B | $6.0B | ||
| Q1 25 | $9.6B | $5.8B | ||
| Q4 24 | $9.2B | $5.7B | ||
| Q3 24 | $9.1B | $5.6B | ||
| Q2 24 | $8.7B | $5.5B | ||
| Q1 24 | $8.3B | $5.5B |
负债/权益比IDAORA
| Q4 25 | 0.93× | 1.05× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.92× | 0.97× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $137.8M | $105.0M |
| 自由现金流经营现金流 - 资本支出 | $-216.2M | $-40.0M |
| 自由现金流率自由现金流/营收 | -60.0% | -14.5% |
| 资本支出强度资本支出/营收 | 98.3% | 52.6% |
| 现金转化率经营现金流/净利润 | 3.16× | 3.35× |
| 过去12个月自由现金流最近4个季度 | $-577.5M | $-284.7M |
8季度趋势，按日历期对齐
经营现金流IDAORA
| Q4 25 | $137.8M | $105.0M | ||
| Q3 25 | $162.8M | $45.2M | ||
| Q2 25 | $176.9M | $96.9M | ||
| Q1 25 | $124.3M | $88.0M | ||
| Q4 24 | $136.4M | $158.6M | ||
| Q3 24 | $201.9M | $106.4M | ||
| Q2 24 | $146.4M | $30.7M | ||
| Q1 24 | $109.7M | $115.2M |
自由现金流IDAORA
| Q4 25 | $-216.2M | $-40.0M | ||
| Q3 25 | $-127.9M | $-102.1M | ||
| Q2 25 | $-156.4M | $-37.9M | ||
| Q1 25 | $-77.0M | $-104.6M | ||
| Q4 24 | $-48.9M | $30.9M | ||
| Q3 24 | $-16.1M | $-3.3M | ||
| Q2 24 | $-199.6M | $-116.1M | ||
| Q1 24 | $-150.3M | $11.8M |
自由现金流率IDAORA
| Q4 25 | -60.0% | -14.5% | ||
| Q3 25 | -24.3% | -40.9% | ||
| Q2 25 | -34.8% | -16.2% | ||
| Q1 25 | -18.7% | -45.5% | ||
| Q4 24 | -13.0% | 13.4% | ||
| Q3 24 | -3.0% | -1.6% | ||
| Q2 24 | -45.1% | -54.5% | ||
| Q1 24 | -36.0% | 5.3% |
资本支出强度IDAORA
| Q4 25 | 98.3% | 52.6% | ||
| Q3 25 | 55.2% | 59.0% | ||
| Q2 25 | 74.2% | 57.6% | ||
| Q1 25 | 49.0% | 83.8% | ||
| Q4 24 | 49.3% | 55.4% | ||
| Q3 24 | 41.0% | 51.8% | ||
| Q2 24 | 78.2% | 69.0% | ||
| Q1 24 | 62.2% | 46.1% |
现金转化率IDAORA
| Q4 25 | 3.16× | 3.35× | ||
| Q3 25 | 1.31× | 1.87× | ||
| Q2 25 | 1.85× | 3.45× | ||
| Q1 25 | 2.08× | 2.18× | ||
| Q4 24 | 3.60× | 3.89× | ||
| Q3 24 | 1.78× | 4.82× | ||
| Q2 24 | 1.63× | 1.38× | ||
| Q1 24 | 2.28× | 2.99× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
IDA
| Retailrevenues | $323.0M | 90% |
| Transmissionserviceswheeling | $18.6M | 5% |
| Energyefficiencyprogramrevenues | $11.7M | 3% |
| Wholesaleenergysales | $10.5M | 3% |
| Otherrevenues | $9.5M | 3% |
ORA
| Electricity | $186.6M | 68% |
| Products | $63.1M | 23% |
| Energy Storage Segment | $26.3M | 10% |
| Product Segment | $1.2M | 0% |
