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ORMAT TECHNOLOGIES, INC.（ORA）与STURM RUGER & CO INC（RGR）财务数据对比。点击上方公司名可切换其他公司
ORMAT TECHNOLOGIES, INC.的季度营收约是STURM RUGER & CO INC的1.8倍（$276.0M vs $151.1M），ORMAT TECHNOLOGIES, INC.同比增速更快（19.6% vs 3.6%），STURM RUGER & CO INC自由现金流更多（$12.3M vs $-40.0M），过去两年ORMAT TECHNOLOGIES, INC.的营收复合增速更高（11.0% vs 5.1%）
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。
鲁格公司（Ruger）是总部位于美国康涅狄格州绍斯波特的枪械制造企业，除总部外，还在新罕布什尔州纽波特、北卡罗来纳州梅约丹以及亚利桑那州普雷斯科特设有生产工厂。公司由亚历山大·麦考密克·斯特姆与威廉·B·鲁格于1949年共同创立，自1969年起公开上市交易。
ORA vs RGR — 直观对比
营收规模更大
ORA
是对方的1.8倍
$151.1M
营收增速更快
ORA
高出16.0%
3.6%
自由现金流更多
RGR
多$52.4M
$-40.0M
两年增速更快
ORA
近两年复合增速
5.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $276.0M | $151.1M |
| 净利润 | $31.4M | — |
| 毛利率 | 28.6% | 17.8% |
| 营业利润率 | 15.4% | 2.3% |
| 净利率 | 11.4% | — |
| 营收同比 | 19.6% | 3.6% |
| 净利润同比 | -23.2% | — |
| 每股收益（稀释后） | $0.51 | $0.22 |
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ORARGR
| Q4 25 | $276.0M | $151.1M | ||
| Q3 25 | $249.7M | $126.8M | ||
| Q2 25 | $234.0M | $132.5M | ||
| Q1 25 | $229.8M | $135.7M | ||
| Q4 24 | $230.7M | $145.8M | ||
| Q3 24 | $211.8M | $122.3M | ||
| Q2 24 | $213.0M | $130.8M | ||
| Q1 24 | $224.2M | $136.8M |
净利润ORARGR
| Q4 25 | $31.4M | — | ||
| Q3 25 | $24.1M | $1.6M | ||
| Q2 25 | $28.0M | $-17.2M | ||
| Q1 25 | $40.4M | $7.8M | ||
| Q4 24 | $40.8M | — | ||
| Q3 24 | $22.1M | $4.7M | ||
| Q2 24 | $22.2M | $8.3M | ||
| Q1 24 | $38.6M | $7.1M |
毛利率ORARGR
| Q4 25 | 28.6% | 17.8% | ||
| Q3 25 | 25.6% | 15.1% | ||
| Q2 25 | 24.3% | 3.9% | ||
| Q1 25 | 31.7% | 22.0% | ||
| Q4 24 | 31.9% | 22.8% | ||
| Q3 24 | 27.8% | 18.5% | ||
| Q2 24 | 28.8% | 22.3% | ||
| Q1 24 | 35.2% | 21.5% |
营业利润率ORARGR
| Q4 25 | 15.4% | 2.3% | ||
| Q3 25 | 16.2% | -2.7% | ||
| Q2 25 | 15.1% | -15.6% | ||
| Q1 25 | 22.2% | 6.2% | ||
| Q4 24 | 21.3% | 7.8% | ||
| Q3 24 | 16.8% | 3.1% | ||
| Q2 24 | 16.5% | 6.9% | ||
| Q1 24 | 23.5% | 5.5% |
净利率ORARGR
| Q4 25 | 11.4% | — | ||
| Q3 25 | 9.7% | 1.2% | ||
| Q2 25 | 12.0% | -13.0% | ||
| Q1 25 | 17.6% | 5.7% | ||
| Q4 24 | 17.7% | — | ||
| Q3 24 | 10.4% | 3.9% | ||
| Q2 24 | 10.4% | 6.3% | ||
| Q1 24 | 17.2% | 5.2% |
每股收益（稀释后）ORARGR
| Q4 25 | $0.51 | $0.22 | ||
| Q3 25 | $0.39 | $0.10 | ||
| Q2 25 | $0.46 | $-1.05 | ||
| Q1 25 | $0.66 | $0.46 | ||
| Q4 24 | $0.67 | $0.62 | ||
| Q3 24 | $0.36 | $0.28 | ||
| Q2 24 | $0.37 | $0.47 | ||
| Q1 24 | $0.64 | $0.40 |
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 | $147.4M | $92.5M |
| 总债务越低越好 | $2.7B | — |
| 股东权益账面价值 | $2.5B | $283.8M |
| 总资产 | $6.2B | $342.0M |
| 负债/权益比越低杠杆越低 | 1.05× | — |
8季度趋势，按日历期对齐
现金及短期投资ORARGR
| Q4 25 | $147.4M | $92.5M | ||
| Q3 25 | $79.6M | $80.8M | ||
| Q2 25 | $88.5M | $101.4M | ||
| Q1 25 | $112.7M | $108.3M | ||
| Q4 24 | $94.4M | $105.5M | ||
| Q3 24 | $88.1M | $96.0M | ||
| Q2 24 | $66.3M | $105.6M | ||
| Q1 24 | $201.5M | $115.3M |
总债务ORARGR
| Q4 25 | $2.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ORARGR
| Q4 25 | $2.5B | $283.8M | ||
| Q3 25 | $2.5B | $279.6M | ||
| Q2 25 | $2.5B | $289.3M | ||
| Q1 25 | $2.5B | $321.5M | ||
| Q4 24 | $2.4B | $319.6M | ||
| Q3 24 | $2.4B | $314.9M | ||
| Q2 24 | $2.4B | $321.5M | ||
| Q1 24 | $2.4B | $332.0M |
总资产ORARGR
| Q4 25 | $6.2B | $342.0M | ||
| Q3 25 | $6.1B | $342.3M | ||
| Q2 25 | $6.0B | $349.5M | ||
| Q1 25 | $5.8B | $379.0M | ||
| Q4 24 | $5.7B | $384.0M | ||
| Q3 24 | $5.6B | $373.5M | ||
| Q2 24 | $5.5B | $376.7M | ||
| Q1 24 | $5.5B | $385.0M |
负债/权益比ORARGR
| Q4 25 | 1.05× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 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 | $105.0M | $15.5M |
| 自由现金流经营现金流 - 资本支出 | $-40.0M | $12.3M |
| 自由现金流率自由现金流/营收 | -14.5% | 8.2% |
| 资本支出强度资本支出/营收 | 52.6% | 2.1% |
| 现金转化率经营现金流/净利润 | 3.35× | — |
| 过去12个月自由现金流最近4个季度 | $-284.7M | $38.5M |
8季度趋势，按日历期对齐
经营现金流ORARGR
| Q4 25 | $105.0M | $15.5M | ||
| Q3 25 | $45.2M | $12.9M | ||
| Q2 25 | $96.9M | $14.7M | ||
| Q1 25 | $88.0M | $11.1M | ||
| Q4 24 | $158.6M | $20.0M | ||
| Q3 24 | $106.4M | $9.4M | ||
| Q2 24 | $30.7M | $18.7M | ||
| Q1 24 | $115.2M | $7.3M |
自由现金流ORARGR
| Q4 25 | $-40.0M | $12.3M | ||
| Q3 25 | $-102.1M | $7.0M | ||
| Q2 25 | $-37.9M | $9.1M | ||
| Q1 25 | $-104.6M | $10.0M | ||
| Q4 24 | $30.9M | $16.4M | ||
| Q3 24 | $-3.3M | $2.6M | ||
| Q2 24 | $-116.1M | $10.1M | ||
| Q1 24 | $11.8M | $5.6M |
自由现金流率ORARGR
| Q4 25 | -14.5% | 8.2% | ||
| Q3 25 | -40.9% | 5.5% | ||
| Q2 25 | -16.2% | 6.9% | ||
| Q1 25 | -45.5% | 7.4% | ||
| Q4 24 | 13.4% | 11.2% | ||
| Q3 24 | -1.6% | 2.1% | ||
| Q2 24 | -54.5% | 7.7% | ||
| Q1 24 | 5.3% | 4.1% |
资本支出强度ORARGR
| Q4 25 | 52.6% | 2.1% | ||
| Q3 25 | 59.0% | 4.6% | ||
| Q2 25 | 57.6% | 4.2% | ||
| Q1 25 | 83.8% | 0.8% | ||
| Q4 24 | 55.4% | 2.5% | ||
| Q3 24 | 51.8% | 5.5% | ||
| Q2 24 | 69.0% | 6.6% | ||
| Q1 24 | 46.1% | 1.3% |
现金转化率ORARGR
| Q4 25 | 3.35× | — | ||
| Q3 25 | 1.87× | 8.15× | ||
| Q2 25 | 3.45× | — | ||
| Q1 25 | 2.18× | 1.43× | ||
| Q4 24 | 3.89× | — | ||
| Q3 24 | 4.82× | 1.98× | ||
| Q2 24 | 1.38× | 2.27× | ||
| Q1 24 | 2.99× | 1.04× |
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
ORA
| Electricity | $186.6M | 68% |
| Products | $63.1M | 23% |
| Energy Storage Segment | $26.3M | 10% |
| Product Segment | $1.2M | 0% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
