Ormat Q4 2024 EPS $0.67, FY adj. EBITDA $550.5M (+14.3% YoY), guides 2025 revs $935-975M

ORMAT TECHNOLOGIES, INC.

2024-FY EPS reported $2.04 revenue$879,654,000

Total FY revenue $879.7M (+6.1%); Electricity $702.3M (+5.3%), Energy Storage $37.7M (+30.6%).
FY adjusted EBITDA $550.5M (+14.3%); Q4 adj. net income $43.6M (+7.7% YoY).
Q4 GAAP EPS $0.67, adj. EPS $0.72; full-year EPS $2.04 vs $2.08 prior year.
2025 guidance: revs $935-975M, adj. EBITDA $563-593M; quarterly dividend $0.12/sh declared.
Added 253MW capacity in 2024; signed 300MW/1200MWh Israeli storage tolling agreements.

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