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OPAL vs CLNE
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Refining & Marketing
OPAL vs CLNE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Regulated Gas | Oil & Gas Refining & Marketing |
| Market Cap | $52M | $491M |
| Revenue (TTM) | $349M | $425M |
| Net Income (TTM) | $15M | $-222M |
| Gross Margin | 28.1% | -0.8% |
| Operating Margin | 1.4% | -35.0% |
| Forward P/E | 15.2x | — |
| Total Debt | $365M | $99M |
| Cash & Equiv. | $24M | $158M |
OPAL vs CLNE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 21 | May 26 | Return |
|---|---|---|---|
| OPAL Fuels Inc. (OPAL) | 100 | 23.4 | -76.6% |
| Clean Energy Fuels … (CLNE) | 100 | 28.3 | -71.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: OPAL vs CLNE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
OPAL carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 16.3%, EPS growth 6.4%, 3Y rev CAGR 14.0%
- 16.3% revenue growth vs CLNE's 2.2%
- 4.2% margin vs CLNE's -52.2%
CLNE is the clearest fit if your priority is income & stability and long-term compounding.
- beta 1.19
- -28.9% 10Y total return vs OPAL's -76.7%
- Lower volatility, beta 1.19, Low D/E 17.5%, current ratio 2.32x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 16.3% revenue growth vs CLNE's 2.2% | |
| Quality / Margins | 4.2% margin vs CLNE's -52.2% | |
| Stability / Safety | Beta 1.19 vs OPAL's 1.58, lower leverage | |
| Dividends | 15.7% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +43.6% vs OPAL's +15.2% | |
| Efficiency (ROA) | 1.6% ROA vs CLNE's -21.0% |
OPAL vs CLNE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
OPAL vs CLNE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
OPAL leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
CLNE and OPAL operate at a comparable scale, with $425M and $349M in trailing revenue. OPAL is the more profitable business, keeping 4.2% of every revenue dollar as net income compared to CLNE's -52.2%. On growth, OPAL holds the edge at +24.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $349M | $425M |
| EBITDAEarnings before interest/tax | $28M | -$64M |
| Net IncomeAfter-tax profit | $15M | -$222M |
| Free Cash FlowCash after capex | -$34M | $32M |
| Gross MarginGross profit ÷ Revenue | +28.1% | -0.8% |
| Operating MarginEBIT ÷ Revenue | +1.4% | -35.0% |
| Net MarginNet income ÷ Revenue | +4.2% | -52.2% |
| FCF MarginFCF ÷ Revenue | -9.8% | +7.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +24.7% | +2.7% |
| EPS Growth (YoY)Latest quarter vs prior year | +2.7% | -61.5% |
Valuation Metrics
OPAL leads this category, winning 2 of 3 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $52M | $491M |
| Enterprise ValueMkt cap + debt − cash | $393M | $432M |
| Trailing P/EPrice ÷ TTM EPS | 15.20x | -2.22x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 13.98x | — |
| Price / SalesMarket cap ÷ Revenue | 0.15x | 1.16x |
| Price / BookPrice ÷ Book value/share | 0.13x | 0.87x |
| Price / FCFMarket cap ÷ FCF | — | — |
Profitability & Efficiency
OPAL leads this category, winning 4 of 7 comparable metrics.
Profitability & Efficiency
OPAL delivers a 3.1% return on equity — every $100 of shareholder capital generates $3 in annual profit, vs $-39 for CLNE. CLNE carries lower financial leverage with a 0.18x debt-to-equity ratio, signaling a more conservative balance sheet compared to OPAL's 0.73x. On the Piotroski fundamental quality scale (0–9), OPAL scores 5/9 vs CLNE's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +3.1% | -39.3% |
| ROA (TTM)Return on assets | +1.6% | -21.0% |
| ROICReturn on invested capital | +0.5% | — |
| ROCEReturn on capital employed | +0.6% | — |
| Piotroski ScoreFundamental quality 0–9 | 5 | 4 |
| Debt / EquityFinancial leverage | 0.73x | 0.18x |
| Net DebtTotal debt minus cash | $341M | -$59M |
| Cash & Equiv.Liquid assets | $24M | $158M |
| Total DebtShort + long-term debt | $365M | $99M |
| Interest CoverageEBIT ÷ Interest expense | 0.18x | -3.28x |
Total Returns (Dividends Reinvested)
CLNE leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in OPAL five years ago would be worth $2,327 today (with dividends reinvested), compared to $2,288 for CLNE. Over the past 12 months, CLNE leads with a +43.6% total return vs OPAL's +15.2%. The 3-year compound annual growth rate (CAGR) favors CLNE at -19.5% vs OPAL's -29.8% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -4.2% | +3.7% |
| 1-Year ReturnPast 12 months | +15.2% | +43.6% |
| 3-Year ReturnCumulative with dividends | -65.4% | -47.9% |
| 5-Year ReturnCumulative with dividends | -76.7% | -77.1% |
| 10-Year ReturnCumulative with dividends | -76.7% | -28.9% |
| CAGR (3Y)Annualised 3-year return | -29.8% | -19.5% |
Risk & Volatility
CLNE leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
CLNE is the less volatile stock with a 1.19 beta — it tends to amplify market swings less than OPAL's 1.58 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CLNE currently trades 72.0% from its 52-week high vs OPAL's 55.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.58x | 1.19x |
| 52-Week HighHighest price in past year | $4.08 | $3.11 |
| 52-Week LowLowest price in past year | $1.65 | $1.48 |
| % of 52W HighCurrent price vs 52-week peak | +55.9% | +72.0% |
| RSI (14)Momentum oscillator 0–100 | 46.7 | 52.5 |
| Avg Volume (50D)Average daily shares traded | 199K | 1.3M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
OPAL is the only dividend payer here at 15.70% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | — | Buy |
| Price TargetConsensus 12-month target | — | $3.50 |
| # AnalystsCovering analysts | — | 22 |
| Dividend YieldAnnual dividend ÷ price | +15.7% | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | $0.36 | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
OPAL leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). CLNE leads in 2 (Total Returns, Risk & Volatility).
OPAL vs CLNE: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is OPAL or CLNE a better buy right now?
For growth investors, OPAL Fuels Inc.
(OPAL) is the stronger pick with 16. 3% revenue growth year-over-year, versus 2. 2% for Clean Energy Fuels Corp. (CLNE). OPAL Fuels Inc. (OPAL) offers the better valuation at 15. 2x trailing P/E, making it the more compelling value choice. Analysts rate Clean Energy Fuels Corp. (CLNE) a "Buy" — based on 22 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — OPAL or CLNE?
Over the past 5 years, OPAL Fuels Inc.
(OPAL) delivered a total return of -76. 7%, compared to -77. 1% for Clean Energy Fuels Corp. (CLNE). Over 10 years, the gap is even starker: CLNE returned -28. 9% versus OPAL's -76. 7%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — OPAL or CLNE?
By beta (market sensitivity over 5 years), Clean Energy Fuels Corp.
(CLNE) is the lower-risk stock at 1. 19β versus OPAL Fuels Inc. 's 1. 58β — meaning OPAL is approximately 33% more volatile than CLNE relative to the S&P 500. On balance sheet safety, Clean Energy Fuels Corp. (CLNE) carries a lower debt/equity ratio of 18% versus 73% for OPAL Fuels Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — OPAL or CLNE?
By revenue growth (latest reported year), OPAL Fuels Inc.
(OPAL) is pulling ahead at 16. 3% versus 2. 2% for Clean Energy Fuels Corp. (CLNE). On earnings-per-share growth, the picture is similar: OPAL Fuels Inc. grew EPS 638. 9% year-over-year, compared to -173. 0% for Clean Energy Fuels Corp.. Over a 3-year CAGR, OPAL leads at 14. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — OPAL or CLNE?
OPAL Fuels Inc.
(OPAL) is the more profitable company, earning 1. 2% net margin versus -52. 3% for Clean Energy Fuels Corp. — meaning it keeps 1. 2% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: OPAL leads at 1. 4% versus -35. 0% for CLNE. At the gross margin level — before operating expenses — OPAL leads at 24. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Which pays a better dividend — OPAL or CLNE?
In this comparison, OPAL (15.
7% yield) pays a dividend. CLNE does not pay a meaningful dividend and should not be held primarily for income.
07Is OPAL or CLNE better for a retirement portfolio?
For long-horizon retirement investors, OPAL Fuels Inc.
(OPAL) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (15. 7% yield). Both have compounded well over 10 years (OPAL: -76. 7%, CLNE: -28. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
08What are the main differences between OPAL and CLNE?
These companies operate in different sectors (OPAL (Utilities) and CLNE (Energy)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.
In terms of investment character: OPAL is a small-cap high-growth stock; CLNE is a small-cap quality compounder stock. OPAL pays a dividend while CLNE does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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