Algonquin Power & Utilities (AQN) vs Ormat Technologies (ORA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Algonquin Power & Utilities (AQN) has outperformed Ormat Technologies (ORA) over the past year, losing 11.9% versus a loss of 16.6%. Over five years, ORA leads with a +24.3% price change compared with -66.0% for AQN. Ormat Technologies is the larger company by market cap ($5.47 billion vs $3.93 billion), about 1.4 times the size.
On valuation, Algonquin Power & Utilities trades at a lower forward P/E (12.5x vs 34.9x for Ormat Technologies). Algonquin Power & Utilities offers the higher dividend yield (5.09% vs 0.54%). Ormat Technologies converts more of its revenue into profit, with a net margin of 12.5% versus 7.4%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AQN | ORA |
|---|---|---|
| Share price | $5.11 | $88.92 |
| Market cap | $3.93B | $5.47B |
| 1-day change | +0.59% | +0.32% |
| YTD return | -16.91% | -19.51% |
| 1-year return | -11.90% | -16.62% |
| 5-year return | -66.05% | +24.27% |
| P/E ratio (TTM) | 21.29 | 43.59 |
| Forward P/E | 12.51 | 34.87 |
| EPS (TTM) | $0.24 | $2.04 |
| Dividend yield | 5.09% | 0.54% |
| Annual dividend | $0.26 | $0.48 |
| Revenue (latest FY) | $2.43B | $989.54M |
| Revenue growth (YoY) | +4.92% | +12.49% |
| Net income (latest FY) | $180.80M | $123.90M |
| Gross margin | — | 27.56% |
| Operating margin | 20.74% | 17.10% |
| Net margin | 7.43% | 12.52% |
| 52-week high | $7.11 | $146.39 |
| 52-week low | $4.91 | $87.06 |
| Distance from 52-week high | -28.13% | -39.26% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +28.77% | +43.58% |
| Average volume | 4.10M | 855.34K |
| Shares outstanding | 769.90M | 61.50M |
| Employees | 3,233 | 1,648 |
| Sector | Utilities | Utilities |
| Industry | Electric Utilities: Central | Electric Utilities: Central |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Ormat Technologies trades at a higher earnings multiple (43.6x vs 21.3x trailing P/E).
- Algonquin Power & Utilities offers a meaningfully higher dividend yield (5.09% vs 0.54%).
- Ormat Technologies is more profitable, keeping 12.5 cents of every revenue dollar as net income versus 7.4 cents for Algonquin Power & Utilities.
- Ormat Technologies grew revenue faster in its latest fiscal year (+12.49% vs +4.92%).
About Algonquin Power & Utilities
AQN stock →Algonquin Power & Utilities Corp. operates in the power and utility industries.
Utilities · Electric Utilities: Central · 3,233 employees
About Ormat Technologies
ORA stock →Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally.
Utilities · Electric Utilities: Central · 1,648 employees
AQN vs ORA FAQ
Which is bigger, Algonquin Power & Utilities or Ormat Technologies?
Ormat Technologies (ORA) is larger, with a market capitalization of $5.47B compared with $3.93B for Algonquin Power & Utilities (AQN).
Which stock has performed better over the past year, AQN or ORA?
AQN returned -11.90% over the past 12 months, compared with -16.62% for ORA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AQN or ORA?
AQN has the lower trailing P/E at 21.3, versus 43.6 for ORA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Algonquin Power & Utilities or Ormat Technologies?
Algonquin Power & Utilities has the higher yield at 5.09%, compared with 0.54% for Ormat Technologies.
Are Algonquin Power & Utilities and Ormat Technologies in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.