Kenon Holdings Ltd

KENUtilities·Utilities - Independent Power Producers·Singapore·Mid·NYSE·Nov 11 • 3:59 PM ET

61.54-0.08 (-0.12%)

2026-11-11 22:06 CET

Market cap

3,210.92 USD m

Revenue, TTM

1,188.93 USD m

Net income, TTM

120.27 USD m

Free cash flow, TTM

-222.06 USD m

EPS diluted, TTM

2.31

P/E

26.69

Compare

Price

KEN against its 20, 50 and 200-day averages

2050200

35.8% under the 52-week high of 95.93 on 5 May 2026. 52-week low 54.56 on 20 Nov 2025. Last 15 sessions, 20.6% high to low

Volume 0.23× normal · the line is the 50-bar volume average

Profile

KEN

52-week range, 17% of the way up

54.5695.93

Kenon Holdings Ltd. is a holding company, which engages in the business of receiving investments spun off from former parent company, Israel Corporation Ltd. It operates through the following segments: OPC Israel, U.S. Renewable Energies, and Energy Transition in the U.S. The OPC Israel segment focuses on the generation and supply of electricity and energy to private customers and to Noga and the development. The Renewable Energies segment includes initiation, development, construction and operation of power plants using renewable energy in the United States and supply of electricity from renewable sources to customers. The Energy Transition in the U.S. segment is involved in the operation of conventional energy power plants in the United States. The company was founded on March 7, 2014 and is headquartered in Singapore.

Employees	348
IPO	Jan 06, 2015
Beta	1.19
ATR, 14d	2.25
Rel volume	0.23
Short float	0.31%
Insider own	62.57%
Inst own	23.24%

Snapshot

6 groups

Valuation

Index	-
Market Cap	3.21B
Enterprise Value	6.43B
Income	120.27M
Sales	1.19B
Book/sh	29.94
Cash/sh	34.03
Dividend Est.	-
Dividend TTM	3.85 (6.26%)
Dividend Ex-Date	Apr 13, 2026
Dividend Gr. 3/5Y	-22.34% -
Payout	377.66%
Employees	348
IPO	Jan 06, 2015

Ratios

P/E	26.69
Forward P/E	-
PEG	-
P/S	2.70
P/B	2.06
P/C	1.81
P/FCF	-
EV/EBITDA	33.85
EV/Sales	5.41
Quick Ratio	3.22
Current Ratio	3.22
Debt/Eq	2.02
LT Debt/Eq	1.88
Option/Short	Yes / Yes

Earnings

EPS (ttm)	2.31
EPS next Y	-
EPS next Q	-
EPS this Y	-
EPS next Y	-
EPS next 5Y	-
EPS past 3/5Y	-39.72% -33.00%
Sales past 3/5Y	14.96% 17.67%
EPS Y/Y TTM	-75.44%
Sales Y/Y TTM	53.35%
EPS Q/Q	785.12%
Sales Q/Q	93.37%
Earnings	Sep 08 AMC
EPS/Sales Surpr.	- -

Ownership

Insider Own	62.57%
Insider Trans	0.00%
Inst Own	23.24%
Inst Trans	0.91%
ROA	2.08%
ROE	8.16%
ROIC	2.68%
Gross Margin	18.31%
Oper. Margin	8.11%
Profit Margin	10.12%
SMA20	-3.15%
SMA50	-3.44%
SMA200	-16.36%
Trades	-

Technical

Shs Outstand	52.11M
Shs Float	19.50M
Short Float	0.31%
Short Ratio	3.61
Short Interest	0.06M
52W High	95.93 -35.84%
52W Low	54.56 12.80%
Volatility	3.10% 2.35%
ATR (14)	2.25
RSI (14)	46.72
Beta	1.19
Rel Volume	0.23
Avg Volume	16.58K
Volume	3,894

Performance

Perf Week	-2.39%
Perf Month	-2.94%
Perf Quarter	-9.15%
Perf Half Y	-32.06%
Perf YTD	-7.19%
Perf Year	10.53%
Perf 3Y	198.47%
Perf 5Y	87.23%
Perf 10Y	1321.34%
Recom	-
Target Price	-
Prev Close	61.62
Price	61.54
Change %	-0.12%

Peers

Mkt cap

Ticker	Company	Mkt cap
TAC	Transalta Corp	4.24B
TLN	Talen Energy Corp	16.48B
NRG	NRG Energy Inc	20.48B
ENLT	Enlight Renewable Energy Ltd	9.50B
VST	Vistra Corp	45.29B
AES	AES Corp	10.66B
CWEN	Clearway Energy Inc	7.04B
ORA	Ormat Technologies Inc	5.73B
BEPC	Brookfield Renewable Corp	5.81B
ZIM	Zim Integrated Shipping Services Ltd	3.50B

Ticker

Company

Mkt cap

TAC

Transalta Corp

4.24B

TLN

Talen Energy Corp

16.48B

NRG

NRG Energy Inc

20.48B

ENLT

Enlight Renewable Energy Ltd

9.50B

VST

Vistra Corp

45.29B

AES

AES Corp

10.66B

CWEN

Clearway Energy Inc

7.04B

ORA

Ormat Technologies Inc

5.73B

BEPC

Brookfield Renewable Corp

5.81B

ZIM

Zim Integrated Shipping Services Ltd

3.50B

Insider trading

1 filings

Insider	Relationship	Date	Transaction	Cost	Shares	Value	Total held	Form
Charney Laurence N	Director	Jan 02 '26	Proposed Sale	60.00	6,000	360,000		Jan 02 12:07 PM

Insider

Relationship

Date

Transaction

Cost

Value

Total held

Form

Charney Laurence N

Director

Jan 02 '26

Proposed Sale

60.00

6,000

360,000

Jan 02 12:07 PM

Held by

AUM

Ticker	Company	AUM
TILC	Thrivent International Large Cap ETF	AUM: 946.18M
TISC	Thrivent International Small Cap ETF	AUM: 108.51M

Ticker

Company

AUM

TILC

Thrivent International Large Cap ETF

AUM: 946.18M

TISC

Thrivent International Small Cap ETF

AUM: 108.51M

News

latest 14 of 200

Oct-01-26 07:16AMAntin to sell majority stake in Vicinity Energy for $2.9bn (Energy Monitor)
Sep-30-26 06:09AMKenon Announces Agreement to Acquire 25% Interest in District Heating and Cooling Business in the United States for approximately $450 million (PR Newswire) -7.63%
Sep-08-26 05:13PMKenon: Q2 Earnings Snapshot (Associated Press)
04:41PMKenon Holdings Reports Q2 2026 Results and Additional Updates (PR Newswire)
Aug-19-26 10:05AMKenon Announces Receipt of approximately $93 million in connection with Payment of Arbitration Award by the Republic of Peru (PR Newswire)
Jun-01-26 06:41AMKenon: Q1 Earnings Snapshot (Associated Press)
06:19AMKenon Holdings Reports Q1 2026 Results and Additional Updates (PR Newswire)
Mar-30-26 10:03AMKenon Files Annual Report on Form 20-F for the Year Ended December 31, 2025 with the U.S. Securities and Exchange Commission (PR Newswire)
09:56AMKenon Holdings Reports Full Year 2025 Results and Additional Updates (PR Newswire)
Dec-03-25 08:55AMKenon: Q3 Earnings Snapshot (Associated Press Finance)
08:36AMKenon Holdings Reports Q3 2025 Results and Additional Updates (PR Newswire)
Aug-28-25 07:45AMKenon Holdings Reports Q2 2025 Results and Additional Updates (PR Newswire)
May-28-25 08:38AMKenon Holdings Reports Q1 2025 Results and Additional Updates (PR Newswire)
May-05-25 06:01AMThe AES Corporation 7.08% Yield Plus Review Of 9 Other Utilities (Seeking Alpha)

Key figures

Revenue, TTM	1,188.93
Net income, TTM	120.27
EPS diluted, TTM	2.31
EBIT, TTM	96.44
Free cash flow, TTM	-222.06
Gross margin	18.31%
Operating margin	8.11%
Net margin	10.12%
Market cap	3,210.92
P/E	26.69
Sales Y/Y, TTM	53.35%

USD millions. TTM from the statement feed.

Quarterly earnings

actual against estimate

Period	Reported	EPS act	EPS est	EPS rep	Sales act	Sales est	Analysts
No quarterly earnings.

Period

Reported

EPS act

EPS est

EPS rep

Sales act

Sales est

Analysts

No quarterly earnings.

Annual earnings

Period	EPS act	EPS est	EPS rep	Sales act	Sales est
No annual earnings.

Period

EPS act

EPS est

EPS rep

Sales act

Sales est

No annual earnings.

Estimate revisions

last 14 periods

Period	Type	Date	Estimates	Up	Down	Mean	Low	High
No estimate revisions.

Period

Type

Date

Estimates

Down

Mean

Low

High

No estimate revisions.

Estimate history

Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
EPS, annual	-2.992	8.12	-0.248	9.414	17.266	5.802	-4.422	11.338	1.271	2.3056
EPS, quarterly	2.123	0.815	8.249	0.229	0.095	0.477	0.485	0.499	0.844
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Sales, annual	365.704	364.012	373.473	386.47	487.763	573.957	691.796	751.304	871.929	1188.93
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Sales, quarterly	181	237	159.304	183	196	265	227.929	317	379
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26
Shares, annual	53.808	53.827	53.858	53.871	53.879	53.887	52.766	52.396	52.103	52.108
Period	2017	2018	2019	2020	2021	2022	2023	2024	2025	MRQ
Shares, quarterly	52.766	52.766	52.396	52.396	52.396	52.396	52.103	52.108	52.108
Period	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26

Income statement, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Total Revenue	1,188.93	871.93	751.30	691.80	573.96	487.76	386.47	373.47	364.01
Cost of Goods Sold Incl. D&A	971.25	730.25	615.31	585.25	480.14	393.94	316.26	288.13	289.93
Gross Profit	217.68	141.68	135.99	106.55	93.82	93.83	70.21	85.34	74.08
Selling, General and Administrative Excl. Other	121.24	115.24	88.15	71.80	93.91	71.20	48.92	34.90	33.42
Other Operating Expense	0.00	0.00	0.00	0.00	0.00	16.27	-6.20	-10.56	-61.95
Operating Income	96.44	26.44	47.84	34.74	-0.09	6.36	27.49	61.00	102.61
Interest Expense	104.78	75.10	92.03	64.13	47.54	136.12	37.66	23.22	30.38
Unusual Expense	0.00	-0.30	22.03	0.22	728.72	234.98	-38.57	20.61	39.79
Net Income Before Taxes	112.91	24.91	48.50	15.59	-730.54	-370.51	500.45	-5.54	461.97
Income Taxes	40.24	28.24	40.55	25.20	37.98	4.33	4.70	16.68	11.50
Consolidated Net Income	203.26	148.26	52.77	55.96	349.66	875.32	495.75	-22.21	450.47
Net Income From Continuing Operations	120.27	66.27	16.36	30.93	312.65	930.27	498.63	-38.01	439.84
Net Income	120.27	66.27	597.67	-235.98	312.65	930.27	507.11	-13.36	437.08
EPS (Recurring)	2.31	1.27	11.63	-4.42	15.27	20.32	8.91	0.02	8.64
EPS (Basic, Before Extraordinaries)	2.31	1.27	11.34	-4.42	5.80	17.27	9.41	-0.25	8.12
EPS (Diluted)	2.31	1.27	11.34	-4.42	5.80	17.27	9.41	-0.25	8.12
EBITDA	189.86	98.86	141.28	125.68	62.78	64.00	61.66	93.10	133.02
Non-Operating Income (Expense)	121.25	73.27	114.72	45.20	45.82	-5.76	472.05	-22.71	429.53
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	-	35.93	8.05	-1.28	14.90	14.51	0.28	1.13	0.58
Price To Earnings Ratio	26.73	26.73	8.25	-	0.90	2.38	2.51	-	1.30
Price To Sales Ratio	2.93	3.97	2.39	1.88	3.10	5.80	4.20	3.03	2.18
Gross Margin	18.31	16.25	18.10	15.40	16.35	19.24	18.17	22.85	20.35
Operating Margin	8.11	3.03	6.37	5.02	-0.02	1.30	7.11	16.33	28.19
Net Margin	10.12	7.60	79.55	-34.11	54.47	190.72	131.21	-3.58	120.07
Shares Outstanding	52.11	52.10	52.40	52.77	53.89	53.88	53.87	53.86	53.83
Market Capitalization	3,210.92	3,210.92	1,403.00	1,025.66	1,390.32	2,211.65	1,267.97	883.67	564.95

Income statement, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3
Total Revenue	379.00	317.00	227.93	265.00	196.00	183.00	159.30	237.00
Cost of Goods Sold Incl. D&A	296.00	271.00	207.25	197.00	167.00	158.00	140.31	183.00
Gross Profit	83.00	46.00	20.68	68.00	29.00	25.00	18.99	54.00
Selling, General and Administrative Excl. Other	26.00	25.00	26.24	44.00	31.00	16.00	27.15	23.00
Other Operating Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Income	57.00	21.00	-5.56	24.00	-2.00	9.00	-8.16	31.00
Interest Expense	32.00	31.00	14.79	27.00	21.00	23.00	11.25	52.00
Unusual Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income Before Taxes	63.00	9.00	19.91	21.00	-14.00	-2.00	-55.50	3.00
Income Taxes	13.00	9.00	3.24	15.00	1.00	9.00	26.55	6.00
Consolidated Net Income	54.00	34.00	48.26	67.00	6.00	27.00	-118.23	54.00
Net Income From Continuing Operations	44.00	26.00	25.27	25.00	5.00	12.00	-146.64	43.00
Net Income	44.00	26.00	25.27	25.00	5.00	12.00	434.67	43.00
EPS (Recurring)	0.84	0.50	0.49	0.48	0.10	0.23	8.25	0.81
EPS (Basic, Before Extraordinaries)	0.84	0.50	0.49	0.48	0.10	0.23	8.25	0.81
EPS (Diluted)	0.84	0.50	0.49	0.48	0.10	0.23	8.25	0.81
EBITDA	88.00	47.00	11.86	43.00	15.00	28.00	13.28	57.00
Non-Operating Income (Expense)	38.00	19.00	40.25	24.00	9.00	12.00	-36.09	24.00
Other After Tax Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Stock Option Compensation Expense	3.95	-	6.88	19.92	9.13	0.00	2.24	3.32
Price To Earnings Ratio	26.73	64.01	7.33	4.81	3.64	2.21	8.25	-
Price To Sales Ratio	2.93	4.27	3.96	2.95	2.81	2.20	2.38	1.98
Gross Margin	21.90	14.51	9.07	25.66	14.80	13.66	11.92	22.78
Operating Margin	15.04	6.62	-2.44	9.06	-1.02	4.92	-5.12	13.08
Net Margin	11.61	8.20	11.09	9.43	2.55	6.56	272.86	18.14
Shares Outstanding	52.11	52.11	52.10	52.40	52.40	52.40	52.40	52.77
Market Capitalization	3,210.92	4,295.09	3,458.08	2,355.62	2,166.84	1,319.52	1,403.00	1,152.11

Balance sheet, annual

Currency USD, millions
Metric	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY	2017FY
Cash & Short Term Investments	1,585.65	1,158.47	913.17	925.94	474.77	850.54	180.95	181.79	1,426.00
Short Term Receivables	149.93	90.91	150.81	78.56	76.72	56.99	54.07	43.97	68.74
Inventories	0.00	0.00	0.00	3.15	2.17	0.00	0.00	0.00	0.00
Other Current Assets	67.58	13.31	32.07	54.07	27.94	12.25	94.52	101.96	9.90
Total Current Assets	1,803.16	1,262.68	1,096.04	1,061.71	581.59	919.79	329.54	327.71	1,504.64
Net Property, Plant & Equipment	1,572.97	1,331.67	1,889.34	1,321.71	1,223.70	904.59	684.76	635.09	616.16
Total Investments and Advances	1,802.38	1,502.74	733.57	1,110.64	1,932.55	604.49	254.69	275.50	198.15
Long-Term Note Receivable	37.96	32.18	30.14	-	-	0.00	204.30	196.09	205.26
Intangible Assets	83.46	71.81	321.28	220.79	224.28	1.45	1.23	1.31	1.64
Deferred Tax Assets	9.93	2.73	15.86	6.38	19.02	7.37	1.52	0.63	0.00
Other Assets	70.29	9.42	22.20	50.81	57.27	44.65	32.33	18.79	0.00
Total Assets	5,380.14	4,213.24	4,108.44	3,772.06	4,038.41	2,482.33	1,508.37	1,455.12	2,525.86
Short Term Debt Incl. Current Port. of LT Debt	120.05	88.53	174.59	56.74	57.30	60.55	46.47	23.23	447.96
Accounts Payable	126.78	58.29	70.66	95.04	136.50	92.54	36.01	47.67	58.90
Income Tax Payable	-	-	0.00	1.94	21.15	0.01	0.01	6.94	172.61
Other Current Liabilities	118.37	36.02	113.55	39.27	232.33	74.83	22.52	12.07	126.86
Total Current Liabilities	365.20	182.84	358.80	192.98	447.29	227.94	105.00	89.92	806.32
Long Term Debt	1,659.26	1,191.61	1,416.95	1,143.97	1,186.75	876.28	581.79	563.24	588.54
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	162.57	147.71	136.59	97.80	95.08	94.34	79.56	59.07	52.75
Other Liabilities	8.41	31.54	125.88	41.40	29.01	7.77	30.23	27.18	26.89
Total Liabilities	2,195.43	1,553.70	2,038.22	1,476.14	1,758.13	1,206.33	796.59	739.40	1,474.51
Non-Equity Reserves	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	1,588.54	1,607.90	1,203.31	1,598.48	1,793.69	1,066.82	623.35	649.02	983.12
Total Shareholders Equity	1,588.54	1,607.90	1,203.31	1,598.48	1,793.69	1,066.82	623.35	649.02	983.12
Accumulated Minority Interest	1,596.16	1,051.64	866.91	697.43	486.60	209.19	88.44	66.69	68.23
Total Equity	3,184.71	2,659.54	2,070.22	2,295.92	2,280.29	1,276.01	711.79	715.72	1,051.35
Total Liabilities & Stockholders Equity	5,380.14	4,213.24	4,108.44	3,772.06	4,038.41	2,482.33	1,508.37	1,455.12	2,525.86
Book Value Per Share	30.49	30.69	22.80	29.66	33.29	19.80	11.57	12.06	18.27
Tangible Book Value Per Share	28.89	29.32	16.72	25.57	29.13	19.78	11.55	12.03	18.24
Full-Time Employees	348	344	325	287	228	124	96	112	108
Price to Book Ratio	2.06	1.21	0.85	0.57	1.23	1.19	1.29	0.87	1.44
Return on Assets	1.38	0.39	0.78	7.98	28.53	24.99	-2.57	22.10	-5.61
Return on Equity	4.15	1.16	2.21	18.43	65.04	59.00	-5.97	53.90	-25.84
Return on Invested Capital	2.04	21.35	-9.01	11.40	31.21	26.10	-1.11	36.05	-10.23
Quick Ratio	4.94	6.91	3.05	5.49	1.30	4.04	3.14	3.64	1.87
Current Ratio	4.94	6.91	3.05	5.50	1.30	4.04	3.14	3.64	1.87

Cash flow, annual

Currency USD, millions
Metric	TTM	2025FY	2024FY	2023FY	2022FY	2021FY	2020FY	2019FY	2018FY
Net Income	203.26	148.26	52.77	55.96	349.66	875.32	504.23	2.44	444.84
Depreciation	93.42	72.42	93.44	90.94	62.88	57.64	34.17	32.09	30.42
Other Funds (Non Cash)	24.08	93.08	122.62	132.17	344.88	-679.68	-512.08	13.97	-423.75
Funds from Operations	320.76	313.76	268.83	279.07	795.40	257.60	32.46	70.53	67.75
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	-46.41	6.58	-12.27	-12.45	-38.92	-1.60	35.45	-4.08	-27.66
Income Taxes Payable	-	-	-	-	-	-	0.06	-2.45	-1.55
Cash from Operating Activities	274.34	320.34	256.56	266.62	756.48	256.00	67.92	66.44	40.08
Capital Expenditures	-496.41	-116.41	-340.67	-332.12	-270.27	-232.69	-74.82	-34.40	-69.45
Net Assets From Acquisitions	-58.27	-58.27	0.00	-327.11	0.00	-659.17	-7.56	-0.41	-2.34
Sale of Fixed Assets and Businesses	691.15	628.15	150.41	65.88	36.73	201.90	220.68	0.88	0.07
Purchase or Sale of Investments	-301.17	-380.17	-77.99	144.19	-362.32	31.15	0.00	0.00	-90.15
Purchase of Investments	-416.12	-437.12	-201.16	-81.57	-683.90	-20.54	0.00	0.00	-90.15
Sale Or Maturity of Investments	114.95	56.95	123.17	225.76	321.58	51.69	0.00	0.00	0.00
Other Uses	-1.00	0.00	0.00	0.00	0.00	-21.90	-609.14	-34.64	-260.68
Other Sources	31.00	0.00	501.00	0.00	464.90	67.09	241.00	60.71	296.59
Cash from Investing Activities	-134.69	73.31	232.75	-449.15	-130.97	-613.62	-229.85	-7.86	-125.96
Cash Dividends Paid	-215.94	-267.94	-200.55	-150.36	-740.92	-100.21	-120.11	-65.17	-100.08
Change in Capital Stock	112.39	-9.61	-10.71	-28.13	193.15	142.33	216.84	76.40	-664.70
Repurchase of Common Pref Stock	0.39	-9.61	-10.71	-28.13	0.00	0.00	0.00	0.00	-664.70
Sale of Common Pref Stock	112.00	0.00	0.00	0.00	193.15	142.33	216.84	76.40	0.00
Proceedsfrom Stock Options	112.00	0.00	0.00	0.00	193.15	142.33	216.84	76.40	0.00
Issuance or Reduction of Debt, Net	683.29	306.29	-1.96	266.36	43.72	38.87	223.77	-29.93	-419.72
Change in Long Term Debt	639.15	302.15	53.31	204.17	43.72	38.87	223.90	-30.07	-342.65
Issuance of Long Term Debt	735.15	302.15	53.31	204.17	99.49	600.88	354.11	0.00	33.76
Reduction of Long Term Debt	-96.00	0.00	0.00	0.00	-55.76	-562.02	-130.21	-30.07	-376.41
Net Financing Active Other Cash Flow	-7.75	5.25	42.97	213.97	-0.92	-99.97	-32.14	-33.12	-8.22
Other Financing Activities Uses	-8.00	0.00	0.00	0.00	-0.92	-99.97	-32.17	-33.12	-8.22
Cash from Financing Activities	572.00	34.00	-170.26	301.84	-504.97	-18.97	288.36	-51.82	-1,192.73
Exchange Rate Effect	69.88	34.88	2.17	-7.46	-13.64	6.70	12.61	9.27	-7.66
Net Change in Cash	781.53	462.53	321.22	111.84	106.89	-369.89	139.03	16.03	-1,286.27
Free Cash Flow	-222.06	203.94	-84.11	-65.50	496.66	24.77	-6.91	32.30	-29.36
Preferred Dividends (Cash Flow)	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Taxes & Investment Tax Credit	-	0.00	0.00	0.00	37.98	4.33	6.14	22.02	16.24

Balance sheet, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1
Cash & Short Term Investments	1,773.00	1,868.00	1,585.65	1,261.00	1,030.00	1,119.00
Short Term Receivables	186.00	122.00	149.93	127.00	121.00	77.00
Inventories	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	59.00	42.00	67.58	38.00	30.00	24.00
Total Current Assets	2,018.00	2,032.00	1,803.16	1,426.00	1,181.00	1,220.00
Net Property, Plant & Equipment	3,821.00	2,724.00	1,572.97	1,481.00	1,432.00	1,296.00
Total Investments and Advances	1,259.00	1,526.00	1,802.38	1,653.00	1,599.00	1,573.00
Intangible Assets	89.00	84.00	83.46	80.00	79.00	71.00
Deferred Tax Assets	28.00	11.00	9.93	3.00	2.00	3.00
Other Assets	32.00	19.00	70.29	45.00	43.00	40.00
Total Assets	7,247.00	6,396.00	5,380.14	4,688.00	4,336.00	4,203.00
Short Term Debt Incl. Current Port. of LT Debt	221.00	162.00	120.05	103.00	104.00	92.00
Accounts Payable	318.00	353.00	245.06	203.00	169.00	132.00
Income Tax Payable	14.00	-	-	-	-	-
Other Current Liabilities	73.00	28.00	0.09	0.00	0.00	0.00
Total Current Liabilities	626.00	543.00	365.20	306.00	273.00	224.00
Long Term Debt	2,932.00	2,299.00	1,659.26	1,272.00	1,311.00	1,167.00
Provision for Risks Charges	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Liabilities	178.00	167.00	162.57	165.00	150.00	150.00
Other Liabilities	111.00	73.00	8.41	7.00	6.00	3.00
Total Liabilities	3,847.00	3,082.00	2,195.43	1,750.00	1,740.00	1,544.00
Non-Equity Reserves	0.00	0.00	0.00	0.00	0.00	0.00
Preferred Stock - Carrying Value	0.00	0.00	0.00	0.00	0.00	0.00
Common Equity	1,560.00	1,501.00	1,588.54	1,497.00	1,389.00	1,602.00
Total Shareholders Equity	1,560.00	1,501.00	1,588.54	1,497.00	1,389.00	1,602.00
Accumulated Minority Interest	1,840.00	1,813.00	1,596.16	1,441.00	1,207.00	1,057.00
Total Equity	3,400.00	3,314.00	3,184.71	2,938.00	2,596.00	2,659.00
Total Liabilities & Stockholders Equity	7,247.00	6,396.00	5,380.14	4,688.00	4,336.00	4,203.00
Book Value Per Share	29.94	28.81	30.49	28.57	26.51	30.57
Tangible Book Value Per Share	28.23	27.19	28.89	27.04	25.00	29.22
Full-Time Employees	-	-	348	-	-	-
Price to Book Ratio	2.06	2.70	2.32	1.70	1.36	0.81
Return on Assets	2.08	1.53	1.40	-2.38	-2.08	0.49
Return on Equity	8.16	5.24	4.21	-7.86	-6.91	1.56
Return on Invested Capital	0.98	0.68	0.78	0.90	0.19	0.43
Quick Ratio	3.22	3.74	4.94	4.66	4.33	5.45
Current Ratio	3.22	3.74	4.94	4.66	4.33	5.45

Cash flow, quarterly

Currency USD, millions
Metric	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1
Net Income	54.00	34.00	48.26	67.00	6.00	27.00
Depreciation	31.00	26.00	17.41	19.00	17.00	19.00
Other Funds (Non Cash)	-67.00	9.00	76.08	6.00	15.00	-4.00
Funds from Operations	18.00	69.00	141.76	92.00	38.00	42.00
Extraordinary Item	0.00	0.00	0.00	0.00	0.00	0.00
Changes in Working Capital	35.00	-94.00	10.59	2.00	-21.00	15.00
Cash from Operating Activities	53.00	-25.00	152.34	94.00	17.00	57.00
Capital Expenditures	-292.00	-126.00	-49.41	-29.00	-25.00	-13.00
Net Assets From Acquisitions	8.00	-8.00	-58.27	0.00	0.00	0.00
Sale of Fixed Assets and Businesses	-300.00	373.00	211.15	407.00	5.00	5.00
Purchase or Sale of Investments	28.00	-25.00	-282.17	-22.00	-13.00	-63.00
Purchase of Investments	-12.00	-77.00	-302.12	-25.00	-33.00	-77.00
Sale Or Maturity of Investments	40.00	52.00	19.95	3.00	20.00	14.00
Other Uses	-1.00	0.00	0.00	0.00	0.00	0.00
Other Sources	2.00	34.00	-5.00	0.00	5.00	0.00
Cash from Investing Activities	-555.00	248.00	-183.69	356.00	-28.00	-71.00
Cash Dividends Paid	-201.00	0.00	-6.94	-8.00	-253.00	0.00
Preferred Dividends (Cash Flow)	0.00	0.00	0.00	0.00	0.00	0.00
Change in Capital Stock	255.00	0.00	0.39	-143.00	143.00	-10.00
Repurchase of Common Pref Stock	0.00	0.00	0.39	0.00	0.00	-10.00
Sale of Common Pref Stock	255.00	0.00	0.00	-143.00	143.00	0.00
Proceedsfrom Stock Options	255.00	0.00	0.00	-143.00	143.00	0.00
Issuance or Reduction of Debt, Net	341.00	67.00	352.29	-77.00	32.00	-1.00
Change in Long Term Debt	307.00	62.00	348.15	-78.00	33.00	-1.00
Issuance of Long Term Debt	401.00	120.00	156.15	58.00	45.00	43.00
Reduction of Long Term Debt	-94.00	-58.00	192.00	-136.00	-12.00	-44.00
Net Financing Active Other Cash Flow	-8.00	0.00	-2.75	3.00	5.00	0.00
Other Financing Activities Uses	-8.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activities	387.00	67.00	343.00	-225.00	-73.00	-11.00
Exchange Rate Effect	38.00	5.00	17.88	9.00	12.00	-4.00
Net Change in Cash	-77.00	295.00	329.53	234.00	-72.00	-29.00
Free Cash Flow	-239.00	-151.00	102.94	65.00	-8.00	44.00

Revenue breakdown

Electric Services	2024: 751.30M 2025: 871.93M
Israel	2024: 624.96M 2025: 674.62M
United States	2024: 126.35M 2025: 197.31M

Short interest

shares short against float, oldest to newest

Settlement	Of float	Shares short	Float	Avg volume
2026-10-30	0.31%	0.1M	19.5M	17.15K
2026-10-15	0.32%	0.1M	19.5M	17.04K
2026-09-30	0.35%	0.1M	19.5M	18.87K
2026-09-15	0.31%	0.1M	19.5M	22.27K
2026-08-31	0.22%	0.0M	19.5M	24.46K
2026-08-14	0.22%	0.0M	19.5M	25.09K
2026-07-31	0.23%	0.0M	19.5M	27.24K
2026-07-15	0.26%	0.0M	19.5M	28.24K
2026-06-30	0.24%	0.0M	19.5M	28.75K
2026-06-15	0.16%	0.0M	19.5M	26.54K
2026-05-29	0.24%	0.0M	19.5M	25.43K
2026-05-15	0.16%	0.0M	19.5M	25.10K
2026-04-30	0.31%	0.1M	19.6M	22.49K
2026-04-15	0.31%	0.1M	16.8M	20.51K
2026-03-31	0.13%	0.0M	16.9M	18.26K
2026-03-13	0.20%	0.0M	16.9M	17.05K
2026-02-27	0.28%	0.0M	16.9M	14.78K
2026-02-13	0.28%	0.0M	16.9M	13.21K
2026-01-30	0.23%	0.0M	16.9M	12.45K
2026-01-15	0.28%	0.0M	16.9M	11.27K

Option chain

expiry 2026-11-20

Type	Strike	Bid	Ask	Last	IV	Open int	Delta	Theta	Vega
call	35.00	24.50	29.30	0.00	4.019	0.00	0.865	-0.586	0.021
call	40.00	19.50	24.40	0.00	3.304	0.00	0.836	-0.558	0.024
call	45.00	14.60	19.40	0.00	2.707	0.00	0.800	-0.520	0.027
call	50.00	9.60	14.40	0.00	2.113	0.00	0.755	-0.470	0.030
call	55.00	4.60	9.10	0.00	1.449	0.00	0.691	-0.405	0.034
call	60.00	0.90	5.00	1.62	1.090	2.00	0.587	-0.280	0.037
call	65.00	0.00	4.90	0.00	1.601	0.00	0.458	-0.306	0.038
call	70.00	0.00	4.90	0.10	2.090	4.00	0.406	-0.437	0.037
call	75.00	0.00	4.90	0.35	2.447	1.00	0.370	-0.498	0.036
call	80.00	0.00	4.90	0.00	2.755	0.00	0.345	-0.547	0.035
call	85.00	0.00	4.90	0.00	3.028	0.00	0.326	-0.589	0.034
call	90.00	0.00	3.00	0.00	2.679	0.00	0.240	-0.450	0.030
put	35.00	0.00	4.90	0.00	5.080	0.00	-0.134	-0.593	0.021
put	40.00	0.00	4.90	0.00	4.234	0.00	-0.163	-0.564	0.024
put	45.00	0.00	4.90	0.00	3.485	0.00	-0.198	-0.525	0.027
put	50.00	0.00	4.90	0.00	2.799	0.00	-0.244	-0.475	0.030
put	55.00	0.00	4.90	0.00	2.148	0.00	-0.308	-0.409	0.034
put	60.00	0.00	4.90	1.70	1.495	1.00	-0.411	-0.284	0.037
put	65.00	1.20	5.50	1.25	0.888	1.00	-0.547	-0.321	0.038
put	70.00	5.60	10.40	0.00	1.246	0.00	-0.592	-0.439	0.037
put	75.00	10.80	15.40	0.00	1.562	0.00	-0.629	-0.500	0.036
put	80.00	15.70	20.50	0.00	1.871	0.00	-0.654	-0.549	0.035
put	85.00	20.80	25.50	0.00	2.115	0.00	-0.673	-0.590	0.034
put	90.00	25.80	30.50	0.00	2.336	0.00	-0.758	-0.450	0.030

Latest SEC filings

Filed	Form	Description	Period	Link
2026-11-10	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-11-10	SEC
2026-10-28	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-10-28	SEC
2026-09-30	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-09-30	SEC
2026-09-29	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-09-29	SEC
2026-09-28	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-09-28	SEC
2026-09-10	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-09-10	SEC
2026-09-08	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-09-08	SEC
2026-08-19	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-08-19	SEC
2026-08-14	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-08-13	SEC
2026-08-12	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-08-12	SEC
2026-06-29	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-29	SEC
2026-06-22	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-22	SEC
2026-06-03	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-03	SEC
2026-06-01	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-06-01	SEC
2026-05-28	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-05-28	SEC
2026-05-21	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-05-21	SEC
2026-05-20	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-05-20	SEC
2026-05-19	SCHEDULE 13G			SEC
2026-05-14	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-05-14	SEC
2026-05-12	SCHEDULE 13G/A			SEC
2026-05-12	SCHEDULE 13G/A			SEC
2026-05-05	SCHEDULE 13G/A			SEC
2026-04-23	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-04-23	SEC
2026-03-30	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-03-30	SEC
2026-03-30	20-F	Registration statement under Section 12 of the Securities Exchange Act of 1934 or an annual or transition report filed under Section 13(a) or 15(d) of the Exchange Act for a foreign private issuer.	2025-12-31	SEC
2026-03-30	6-K	Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16	2026-03-30	SEC
2026-03-16	3	Initial statement of beneficial ownership of securities	2026-03-16	SEC
2026-03-16	3	Initial statement of beneficial ownership of securities	2026-03-16	SEC
2026-03-16	3	Initial statement of beneficial ownership of securities	2026-03-16	SEC
2026-03-16	3	Initial statement of beneficial ownership of securities	2026-03-16	SEC

Insider activity by month

Month	Bought	Buys	Sold	Sells
2026-11	0	0	0	0
2026-10	0	0	0	0
2026-09	0	0	0	0
2026-08	0	0	0	0
2026-07	0	0	0	0
2026-06	0	0	0	0
2026-05	0	0	0	0
2026-04	0	0	0	0
2026-03	0	0	0	0
2026-02	0	0	0	0
2026-01	0	0	0	0
2025-12	0	0	0	0
2025-11	0	0	0	0

Institutional holders

Manager	% owned
Clal Insurance Enterprises Holdings Ltd	7.45%
VANGUARD CAPITAL MANAGEMENT LLC	1.07%
GOLDMAN SACHS GROUP INC	0.63%
Altshuler Shaham Ltd	0.56%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0.38%
UBS Group AG	0.36%
VANGUARD FIDUCIARY TRUST CO	0.33%
BlackRock, Inc.	0.29%
JPMORGAN CHASE & CO	0.27%
Assenagon Asset Management S.A.	0.25%

Funds

Fund	% owned
iShares Russell 2000 ETF	6.91%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND	5.89%
AB International Low Volatility Equity ETF	4.47%
iShares Core MSCI Emerging Markets ETF	4.17%
VANGUARD DEVELOPED MARKETS INDEX FUND	3.89%
Tax-Exempt Fund	3.74%
Fidelity Growth Company Fund	3.19%
Fidelity Small Cap Index Fund	2.90%
EMERGING MARKETS CORE EQUITY 2 PORTFOLIO	2.74%
iShares Russell 2000 Value ETF	2.32%

Dividends

per share

Ex date	Ordinary	Special
2026-04-13	3.8500	0.0000
2025-04-14	4.8000	0.0000
2024-04-05	3.8000	0.0000
2023-04-06	2.7900	0.0000
2022-06-24	0.0000	10.2500
2022-01-18	2.8300	0.6700
2021-04-28	1.5040	0.3560
2020-11-02	0.0000	2.2300
2019-11-15	0.8900	0.3200
2018-12-06	1.3690	0.4910
2018-03-07	0.0000	12.3500

Period	Amount	Yield	Payout	Kind
2018FY	1.8600	12.61%	22.91%	paid
2019FY	1.2100	5.75%	-%	paid
2020FY	0.0000	0.00%	0.00%	paid
2021FY	5.3600	10.21%	31.04%	paid
2022FY	10.2500	31.06%	176.66%	paid
2023FY	2.7900	11.46%	-%	paid
2024FY	3.8000	11.18%	33.52%	paid
2025FY	4.8000	7.24%	377.66%	paid

OakChart. KEN. Cached 15 minutes.

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