Ormat Technologies (ORA) vs TXNM Energy (TXNM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
TXNM Energy (TXNM) has outperformed Ormat Technologies (ORA) over the past year, gaining 3.0% versus a loss of 14.1%. Over five years, ORA leads with a +26.1% price change compared with +17.9% for TXNM. TXNM Energy is the larger company by market cap ($6.44 billion vs $5.53 billion), about 1.2 times the size, while Ormat Technologies is growing revenue faster (+12.5% vs +9.9%).
On valuation, TXNM Energy trades at a lower forward P/E (18.0x vs 35.3x for Ormat Technologies). TXNM Energy offers the higher dividend yield (2.86% vs 0.53%). Ormat Technologies converts more of its revenue into profit, with a net margin of 12.5% versus 7.8%.
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 | ORA | TXNM |
|---|---|---|
| Share price | $89.97 | $58.51 |
| Market cap | $5.53B | $6.44B |
| 1-day change | -3.33% | -0.07% |
| YTD return | -18.49% | -0.63% |
| 1-year return | -14.10% | +3.01% |
| 5-year return | +26.13% | +17.92% |
| P/E ratio (TTM) | 44.10 | 33.63 |
| Forward P/E | 35.26 | 18.00 |
| EPS (TTM) | $2.04 | $1.74 |
| Dividend yield | 0.53% | 2.86% |
| Annual dividend | $0.48 | $1.68 |
| Revenue (latest FY) | $989.54M | $2.17B |
| Revenue growth (YoY) | +12.49% | +9.86% |
| Net income (latest FY) | $123.90M | $169.83M |
| Gross margin | 27.56% | — |
| Operating margin | 17.10% | 20.37% |
| Net margin | 12.52% | 7.84% |
| 52-week high | $146.39 | $59.53 |
| 52-week low | $87.06 | $55.64 |
| Distance from 52-week high | -38.54% | -1.71% |
| Analyst consensus | buy | none |
| Avg. price target upside | +41.90% | +3.74% |
| Average volume | 852.07K | 1.26M |
| Shares outstanding | 61.50M | 110.13M |
| Employees | 1,648 | 1,755 |
| 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
- TXNM has outperformed ORA by 17.1 percentage points over the past year.
- Ormat Technologies trades at a higher earnings multiple (44.1x vs 33.6x trailing P/E).
- TXNM Energy offers a meaningfully higher dividend yield (2.86% vs 0.53%).
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
About TXNM Energy
TXNM stock →TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. The company engages in the generation, transmission, and distribution of electricity for retail electric customers; and owns and leases communications, office and other equipment, office space, vehicles, energy storage facilities, and real estate.
Utilities · Electric Utilities: Central · 1,755 employees
ORA vs TXNM FAQ
Which is bigger, Ormat Technologies or TXNM Energy?
TXNM Energy (TXNM) is larger, with a market capitalization of $6.44B compared with $5.53B for Ormat Technologies (ORA).
Which stock has performed better over the past year, ORA or TXNM?
TXNM returned +3.01% over the past 12 months, compared with -14.10% for ORA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ORA or TXNM?
TXNM has the lower trailing P/E at 33.6, versus 44.1 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, Ormat Technologies or TXNM Energy?
TXNM Energy has the higher yield at 2.86%, compared with 0.53% for Ormat Technologies.
Are Ormat Technologies and TXNM Energy in the same industry?
Yes. Both are classified in the Electric Utilities: Central industry within the Utilities sector.