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MNTK logoMontauk Renewables, Inc.(MNTK)Earnings, Financials & Key Ratios

MNTK•NASDAQ•Utilities
$1.46
$208M mkt cap·119.7× P/E·Price updated May 6, 2026
SectorUtilitiesIndustryDiversified UtilitiesSub-IndustryIndependent power and renewables developers
AboutMontauk Renewables, Inc., a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that capture methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid. Its customers for RNG and renewable identification numbers (RIN) include long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. The company was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.Show more
  • Revenue$176M+0.4%
  • EBITDA$35M-12.9%
  • Net Income$2M-82.0%
  • Free Cash Flow-$86M-365.3%
  • EBITDA Margin19.58%-13.2%
  • Net Margin0.99%-82.1%
  • ROE0.67%-82.5%
  • Interest Coverage0.96-71.1%
  • Debt/Equity0.52+114.5%
  • Net Debt/EBITDA3.31+657.7%
  • CapEx / Revenue66.07%+86.3%
  • CapEx Coverage0.26-63.0%
Technical→

MNTK Key Insights

Montauk Renewables, Inc. (MNTK) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Trading at only 0.8x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 3.6%
  • ✗Profits declining 17.6% over 5 years
  • ✗Weak Piotroski F-Score: 3/9
  • ✗Weak momentum: RS Rating 16 (bottom 16%)
  • ✗Weak interest coverage of 1.0x
  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

MNTK Price & Volume

Montauk Renewables, Inc. (MNTK) stock price & volume — 10-year historical chart

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MNTK Growth Metrics

Montauk Renewables, Inc. (MNTK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years11.93%
3 Years-4.97%
TTM0.36%

Profit CAGR

10 Years-
5 Years-17.61%
3 Years-63.24%
TTM-70.12%

EPS CAGR

10 Years-
5 Years-17.74%
3 Years-63.46%
TTM-70.55%

Return on Capital

10 Years6.62%
5 Years6.18%
3 Years4.59%
Last Year1.14%

MNTK Recent Earnings

Montauk Renewables, Inc. (MNTK) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Mar 11, 2026
EPS
$0.02
Est $0.02
+20.5%
Revenue
$43M
Est $44M
-1.3%
Q4 2025
Nov 5, 2025
EPS
$0.04
Est $0.00
+1519.4%
Revenue
$45M
Est $44M
+2.2%
Q3 2025
Aug 6, 2025
EPS
$0.04
Est $0.02
-355.1%
Revenue
$45M
Est $43M
+5.6%
Q2 2025
May 8, 2025
EPS
$0.00
Est $0.01
-132.5%
Revenue
$43M
Est $42M
+0.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMar 11, 2026
$0.02vs $0.02+20.5%
$43Mvs $44M-1.3%
Q4 2025Nov 5, 2025
$0.04vs $0.00+1519.4%
$45Mvs $44M+2.2%
Q3 2025Aug 6, 2025
$0.04vs $0.02-355.1%
$45Mvs $43M+5.6%
Q2 2025May 8, 2025
$0.00vs $0.01-132.5%
$43Mvs $42M+0.5%
Based on last 12 quarters of dataView full earnings history →

MNTK Peer Comparison

Montauk Renewables, Inc. (MNTK) competitors in Independent power and renewables developers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
OPAL logoOPALOPAL Fuels Inc.Direct Competitor52.21M2.2815.2016.34%4.23%3.08%0.73
HIFS logoHIFSHingham Institution for SavingsDirect Competitor632.2M289.7022.5414.09%9.79%3.47
CGBD logoCGBDCarlyle Secured Lending, Inc.Direct Competitor866.09M11.887.52-2.92%6.2%1.07
SWVL logoSWVLSwvl Holdings Corp.Direct Competitor17.94M1.80-1.51-24.7%-28.82%-7.44%
CLNE logoCLNEClean Energy Fuels Corp.Product Competitor491.3M2.24-2.222.16%-52.22%-39.29%0.18
GPRE logoGPREGreen Plains Inc.Product Competitor1.19B16.97-9.43-14.93%-5.8%-15.71%0.66
REX logoREXREX American Resources CorporationProduct Competitor1.58B48.0229.10-22.91%7.73%7.67%0.03
AMTX logoAMTXAemetis, Inc.Product Competitor220.79M3.24-2.53-22.29%-38.96%

Compare MNTK vs Peers

Montauk Renewables, Inc. (MNTK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs OPAL

Most directly comparable listed peer for MNTK.

Scale Benchmark

vs CVX

Larger-name benchmark to compare MNTK against a more recognizable public peer.

Peer Set

Compare Top 5

vs OPAL, HIFS, CGBD, SWVL

MNTK Income Statement

Montauk Renewables, Inc. (MNTK) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Revenue115.09M105.71M100.38M148.13M205.56M174.9M175.74M176.38M180.21M
Revenue Growth %--8.14%-5.04%47.56%38.77%-14.91%0.48%0.37%0.36%
Cost of Revenue50.09M58.67M61.75M78.16M101.43M94.62M98.17M107.62M82.49M
Gross Profit
65M▲ 0%
47.04M▼ 27.6%
38.64M▼ 17.9%
69.97M▲ 81.1%
104.13M▲ 48.8%
80.28M▼ 22.9%
77.57M▼ 3.4%
68.76M▼ 11.4%
51.29M▲ 0%
Gross Margin %56.48%44.5%38.49%47.23%50.66%45.9%44.14%38.99%28.46%
Gross Profit Growth %--27.63%-17.87%81.09%48.83%-22.9%-3.38%-11.35%-
Operating Expenses28.15M36.04M35.05M66.63M59.56M56.64M61.45M64.68M46.55M
Other Operating Expenses---------
EBITDA52.02M30.77M25.7M26.2M65.27M45.2M39.64M34.54M32.17M
EBITDA Margin %45.2%29.1%25.6%17.69%31.75%25.85%22.56%19.58%17.85%
EBITDA Growth %--40.86%-16.47%1.97%149.07%-30.74%-12.31%-12.86%-16.46%
Depreciation & Amortization16.2M19.76M22.12M22.87M20.7M21.57M23.52M30.46M32.57M
D&A / Revenue %14.07%18.69%22.03%15.44%10.07%12.33%13.38%17.27%18.07%
Operating Income (EBIT)
35.82M▲ 0%
11.01M▼ 69.3%
3.58M▼ 67.5%
3.33M▼ 6.9%
44.57M▲ 1236.3%
23.64M▼ 47.0%
16.12M▼ 31.8%
4.08M▼ 74.7%
-396K▲ 0%
Operating Margin %31.13%10.41%3.57%2.25%21.68%13.52%9.17%2.31%-0.22%
Operating Income Growth %--69.28%-67.46%-6.87%1236.31%-46.96%-31.8%-74.68%-
Interest Expense3.08M5.58M4.34M2.93M1.79M5.75M5.28M4.27M3.81M
Interest Coverage12.86x1.98x0.68x0.87x25.13x4.10x3.31x0.96x-
Interest / Revenue %2.68%5.27%4.32%1.98%0.87%3.29%3%2.42%2.11%
Non-Operating Income740K-1000K-1000K-1000K-1000K-1000K-1000K-1000K435K
Pretax Income
36.56M▲ 0%
5.47M▼ 85.1%
-1.39M▼ 125.5%
-367K▲ 73.7%
43.24M▲ 11882.6%
18.37M▼ 57.5%
12.18M▼ 33.7%
-2.49M▼ 120.4%
1.69M▲ 0%
Pretax Margin %31.77%5.17%-1.39%-0.25%21.04%10.5%6.93%-1.41%0.94%
Income Tax7.8M-354K-6M4.16M8.05M3.42M2.44M-4.24M-526K
Effective Tax Rate %21.32%-6.48%430.44%-1133.79%18.61%18.61%20.06%170.29%-31.11%
Net Income
28.77M▲ 0%
5.82M▼ 79.8%
4.6M▼ 20.9%
-4.53M▼ 198.4%
35.19M▲ 877.3%
14.95M▼ 57.5%
9.73M▼ 34.9%
1.75M▼ 82.0%
2.22M▲ 0%
Net Margin %25%5.51%4.59%-3.06%17.12%8.55%5.54%0.99%1.23%
Net Income Growth %--79.77%-20.91%-198.37%877.25%-57.53%-34.88%-82.04%-70.12%
EPS (Diluted)
0.20▲ 0%
0.04▼ 79.6%
0.03▼ 20.8%
-0.03▼ 199.1%
0.25▲ 878.8%
0.11▼ 56.0%
0.07▼ 37.8%
0.01▼ 82.2%
-▲ 0%
EPS Growth %--79.55%-20.78%-199.07%878.82%-56%-37.82%-82.16%-70.55%
EPS (Basic)0.200.040.03-0.030.250.110.070.01-
Diluted Shares Outstanding141.06M142.16M142.16M141.02M142.58M142.15M142.4M143.08M0

MNTK Balance Sheet

Montauk Renewables, Inc. (MNTK) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Total Assets261.73M243.61M253.36M286.48M332.32M350.24M349.01M435.46M467.78M
Asset Growth %--6.92%4%13.07%16%5.39%-0.35%24.77%64.95%
PP&E (Net)168.42M194.27M186.99M181.2M180.78M218.64M259.46M350.52M379.74M
PP&E / Total Assets %64.35%79.74%73.8%63.25%54.4%62.43%74.34%80.49%81.18%
Total Current Assets66.49M22.54M32.48M75.17M124.87M90.17M57.22M37.16M35.69M
Cash & Equivalents54.03M9.79M20.99M53.27M105.18M73.81M45.62M23.75M25.95M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K
Inventory000000000
Other Current Assets000777K3.47M3.61M3.39M3.53M4.52M
Long-Term Investments1.1M0000004.25M10.57M
Goodwill60K60K60K60K60K60K60K60K0
Intangible Assets13.08M12.34M14.62M14.05M15.7M18.36M18.05M19.55M0
Other Assets4.74M5.66M4.38M5.43M6.96M20.93M12.94M18.38M27.09M
Total Liabilities113.79M89.36M93.73M104.19M105.22M100M91.6M172.31M204.01M
Total Debt92.96M67.35M66.36M79.53M76.22M68.09M62.91M137.94M8.34M
Net Debt38.93M57.56M45.37M26.26M-28.95M-5.72M17.29M114.19M-17.6M
Long-Term Debt74.65M57.26M56.27M71.39M63.51M55.61M43.76M126M5.43M
Short-Term Borrowings18.31M9.31M9.49M7.82M7.87M7.89M11.85M6.05M2.91M
Capital Lease Obligations0780K602K323K4.85M4.59M7.3M5.89M18.95M
Total Current Liabilities31.7M22.7M28.46M24.56M28.4M29.35M33.53M33.42M41.98M
Accounts Payable4.54M3.84M5.96M4.97M4.56M7.92M8.86M15.64M27.45M
Accrued Expenses610K8.69M11.54M10.82M15.09M12.79M10.07M027.95M
Deferred Revenue8.49M00000000
Other Current Liabilities8.23M588K1.19M650K00011.73M39.07M
Deferred Taxes00000000324K
Other Liabilities7.45M8.89M8.68M8.21M8.95M10.89M9.13M7M156.6M
Total Equity
147.94M▲ 0%
154.26M▲ 4.3%
159.62M▲ 3.5%
182.29M▲ 14.2%
227.09M▲ 24.6%
250.24M▲ 10.2%
257.42M▲ 2.9%
263.15M▲ 2.2%
263.77M▲ 0%
Equity Growth %-4.27%3.48%14.2%24.57%10.19%2.87%2.23%-1.16%
Shareholders Equity147.94M154.26M159.62M182.29M227.09M250.24M257.42M263.15M263.77M
Minority Interest000000000
Common Stock147.94M001.41M1.42M1.42M1.43M1.43M1.43M
Additional Paid-in Capital000196.22M206.06M214.38M221.91M226.3M0
Retained Earnings000-4.53M30.67M45.61M55.35M57.1M57.1M
Accumulated OCI-102.81M00000000
Return on Assets (ROA)10.99%2.3%1.85%-1.68%11.38%4.38%2.78%0.45%0.53%
Return on Equity (ROE)19.44%3.85%2.93%-2.65%17.19%6.26%3.83%0.67%0.85%
Debt / Equity0.63x0.44x0.42x0.44x0.34x0.27x0.24x0.52x0.52x
Debt / Assets35.52%27.64%26.19%27.76%22.94%19.44%18.03%31.68%1.78%
Net Debt / EBITDA0.75x1.87x1.77x1.00x-0.44x-0.13x0.44x3.31x3.31x
Book Value per Share1.051.091.121.291.591.761.811.841.84

MNTK Cash Flow Statement

Montauk Renewables, Inc. (MNTK) cash flow — operating, investing & free cash flow history

Line itemDec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25TTM
Cash from Operations49.65M27.46M28.68M42.88M81.07M41.05M43.8M30.33M30.33M
Operating CF Growth %--44.69%4.44%49.49%89.06%-49.36%6.68%-30.74%4115.99%
Operating CF / Revenue %43.14%25.98%28.57%28.95%39.44%23.47%24.92%17.2%16.83%
Net Income28.77M5.82M4.6M-4.53M35.19M14.95M9.73M1.75M2.22M
Depreciation & Amortization16.2M23.06M23.73M22.87M20.7M21.57M23.52M29.97M32.08M
Deferred Taxes6.3M-898K-6.08M4.25M6.62M1.88M804K-4.28M-4.33M
Other Non-Cash Items3.58M1.15M-480K1.54M3.48M3.19M949K5.46M10.61M
Working Capital Changes-5.83M-2.24M6.14M-3.67M5.23M-8.84M-1.17M-7.01M-7.35M
Capital Expenditures-40.16M-45.25M-17.65M-19.47M-22.28M-63.09M-62.32M-116.54M-135.78M
CapEx / Revenue %34.9%42.8%17.58%13.15%10.84%36.07%35.46%66.07%75.35%
CapEx / D&A2.48x1.96x0.74x0.85x1.08x2.93x2.65x3.89x4.23x
CapEx Coverage (OCF/CapEx)1.24x0.61x1.63x2.20x3.64x0.65x0.70x0.26x0.22x
Cash from Investing-52.86M-44.57M-15.99M-19.47M-20.79M-63.09M-62.19M-120.49M-139.69M
Acquisitions-14.3M300K0-9.67M1.09M000-2.02M
Purchase of Investments0-300K00000-4M-1.98M
Sale of Investments0300K0000000
Other Investing1.6M383K1.66M185K395K4K132K55K88K
Cash from Financing34.23M-27.52M-1.5M8.65M-8.28M-9.33M-9.84M68.34M90.83M
Dividends Paid-11.76M00000000
Dividend Payout Ratio %40.87%--------
Debt Issuance (Net)1000K-1000K-1000K1000K-1000K-1000K-1000K1000K1000K
Stock Issued00015.59M6K4K6K5K5K
Share Repurchases0-74K0-10.81M-238K-122K-1.78M-419K-419K
Other Financing-2.35M-638K0-9.43M0-1.14M0-4.18M15.36M
Net Change in Cash
31.03M▲ 0%
-44.62M▼ 243.8%
11.2M▲ 125.1%
32.05M▲ 186.3%
51.99M▲ 62.2%
-31.36M▼ 160.3%
-28.24M▲ 10.0%
-21.81M▲ 22.7%
-11.81M▲ 0%
Exchange Rate Effect000000000
Cash at Beginning23.95M54.98M10.36M21.56M53.61M105.61M74.24M46M24.19M
Cash at End54.98M10.36M21.56M53.61M105.61M74.24M46M24.19M28.68M
Free Cash Flow
9.49M▲ 0%
-17.79M▼ 287.4%
11.04M▲ 162.1%
23.41M▲ 112.0%
58.79M▲ 151.2%
-22.04M▼ 137.5%
-18.53M▲ 15.9%
-86.21M▼ 365.3%
-98.74M▲ 0%
FCF Growth %--287.41%162.06%112.04%151.18%-137.49%15.93%-365.28%-640.93%
FCF Margin %8.25%-16.82%11%15.8%28.6%-12.6%-10.54%-48.88%-54.79%
FCF / Net Income %32.99%-305.58%239.8%-516.89%167.04%-147.43%-190.34%-4931.81%-4453.63%

MNTK Key Ratios

Montauk Renewables, Inc. (MNTK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2019202020212022202320242025TTM
Return on Equity (ROE)3.85%2.93%-2.65%17.19%6.26%3.83%0.67%0.85%
EBITDA Margin29.1%25.6%17.69%31.75%25.85%22.56%19.58%17.85%
Net Debt / EBITDA1.87x1.77x1.00x-0.44x-0.13x0.44x3.31x3.31x
Interest Coverage1.98x0.68x0.87x25.13x4.10x3.31x0.96x-
CapEx / Revenue42.8%17.58%13.15%10.84%36.07%35.46%66.07%75.35%
Dividend Payout Ratio-------0%
Debt / Equity0.44x0.42x0.44x0.34x0.27x0.24x0.52x0.52x
EPS Growth-79.55%-20.78%-199.07%878.82%-56%-37.82%-82.16%-70.55%

MNTK SEC Filings & Documents

Montauk Renewables, Inc. (MNTK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Mar 12, 2026·SEC

Material company update

Mar 11, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 14, 2025·SEC

FY 2024

Mar 14, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

MNTK Frequently Asked Questions

Montauk Renewables, Inc. (MNTK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Montauk Renewables, Inc. (MNTK) reported $180.2M in revenue for fiscal year 2025. This represents a 57% increase from $115.1M in 2018.

Montauk Renewables, Inc. (MNTK) grew revenue by 0.4% over the past year. Growth has been modest.

Yes, Montauk Renewables, Inc. (MNTK) is profitable, generating $2.2M in net income for fiscal year 2025 (1.0% net margin).

Dividend & Returns

Montauk Renewables, Inc. (MNTK) has a return on equity (ROE) of 0.7%. This is below average, suggesting room for improvement.

Montauk Renewables, Inc. (MNTK) had negative free cash flow of $98.7M in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics

Montauk Renewables, Inc. (MNTK) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.

Explore More MNTK

Montauk Renewables, Inc. (MNTK) financial analysis — history, returns, DCA and operating performance tools

Total Return Calculator

Historical returns with dividends reinvested

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DCA Calculator

Dollar cost averaging vs lump sum

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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