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OPALOPAL Fuels Inc.
$1.86$53M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
OPAL logo

OPAL Fuels Inc.

OPAL
NASDAQ · Gas Utilities
$1.86
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$53M
P/E12.4x
52W High$2.87
Volume381.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Volatile RNG Infrastructure Scaling Masks Earnings Instability

OPAL Fuels is currently navigating a capital-intensive expansion phase, with net property, plant, and equipment growing to $512.5 million as of 2026Q1, yet the company struggles to translate this asset base into consistent operating income. The firm's reliance...

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

OPAL price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

-49% Peers

P/E is 49% below peer median

03

Market leadership

RS 22 · Lag

Laggard (Underperforming 78% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 10

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
OPAL-21.85%
S&P 500 (^GSPC)+12.39%
1-Year Return
OPAL-22.50%
S&P 500 (^GSPC)+15.77%
3-Year Return
OPAL-76.03%
S&P 500 (^GSPC)+75.64%
5-Year Return
OPAL-80.92%
S&P 500 (^GSPC)+67.57%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
12.4x
Forward P/E
N/A
EV/EBITDA20th %ile
14.0x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
12.4x
15.7x
40th· Fair
EV/EBITDA
14.0x
14.9x
20th· Low
Price/FCF
N/A
N/A
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$349M+16.3% YoY
Net income
$15M+33.7% YoY
Free cash flow
-$34M+63.7% YoY
Operating margin
1.4%-5.7 pts YoY
ROIC (TTM)0.5%
Avg ROIC 5Y-
ROE (TTM)3.1%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate1/12 (8%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 10, 2026
-$0.05-164.8%
vs $0.08
$83M-8.1%
vs $91M
Q2 2026
May 11, 2026
-$0.09-228.6%
vs $0.07
$73M-21.8%
vs $94M
Q2 2026
Mar 16, 2026
$0.08-13.8%
vs $0.09
$100M+5.7%
vs $94M
Q4 2025
Nov 6, 2025
$0.05-86.8%
vs $0.38
$83M-15.6%
vs $99M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 16, 2026
OPAL Fuels Extends Landfill Gas Rights at Miramar Landfill in San Diego

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--OPAL Fuels (Nasdaq: OPAL), a leader in the production and distribution of renewable and compressed natural gas (RNG and CNG), today announced that it has extended its landfill gas rights agreement with the Miramar Landfill in San Diego, California, for an additional five years.“For 28 years, OPAL Fuels and the City of San Diego have maintained a successful public-private partnership at Miramar, demonstrating how local infrastructure can turn landfill gas into.

GuruFocus·Aug 26, 2026
OPAL Fuels Upgrades Goshen, California Fueling Station, Increasing RNG/CNG Capacity to 14 Million Gallons Over the Next Decade

[url="]OPAL Fuels[/url] (Nasdaq: OPAL) a leader in the production, marketing, and distribution of renewable and compressed natural gas (RNG and CNG) used as a t

Business Wire·Aug 26, 2026
OPAL Fuels Upgrades Goshen, California Fueling Station, Increasing RNG/CNG Capacity to 14 Million Gallons Over the Next Decade

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--OPAL Fuels (Nasdaq: OPAL) a leader in the production, marketing, and distribution of renewable and compressed natural gas (RNG and CNG) used as a transportation fuel for heavy duty trucking, today announced that it has completed the renovation and upgrade of its fueling station in Goshen, California located at 30981 Road 67, Goshen, CA. The enhanced facility is expected to dispense approximately 14 million gasoline gallon equivalents (GGE) of RNG and CNG ove.

GuruFocus·Aug 13, 2026
OPAL Fuels Welcomes Congressman Eugene Vindman to Prince William County Renewable Natural Gas Facility

[url="]OPAL Fuels[/url] (Nasdaq: OPAL) a leading vertically integrated producer and distributor of renewable natural gas (RNG) welcomed Congressman Eugene Vindm

Filtered for OPAL Fuels Inc.More Headlines
04

Compare before deciding

Benchmark OPAL against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for OPAL Fuels Inc. (OPAL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OPAL logoOPALOPAL Fuels Inc.Current
$1.86$52.61M12.4016.34%4.23%3.06%19.24%
CLNE logoCLNEClean Energy Fuels Corp.
$1.62$356.76M-1.602.56%-21.27%-16.52%—
GPRE logoGPREGreen Plains Inc.
$15.11$1.06B-8.39-14.93%6.74%15.46%—
GEVO logoGEVOGevo, Inc.
$1.45$352.95M-10.36849.33%-119.93%-50.64%—
REX logoREXREX American Resources Corporation
$44.01$1.45B17.601.24%17.61%16.9%—
AMTX logoAMTXAemetis, Inc.
$1.90$133.7M-1.48-22.29%-26.14%——

Compare OPAL vs Peers

OPAL Fuels Inc. (OPAL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CLNE

Most directly comparable listed peer for OPAL.

Scale Benchmark

vs WM

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

Peer Set

Compare Top 5

vs CLNE, GPRE, GEVO, REX

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

OPAL SEC Filings & Documents

OPAL Fuels Inc. (OPAL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Jun 22, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 17, 2025·SEC

FY 2024

Mar 15, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 10, 2026·SEC

FY 2026

May 11, 2026·SEC

FY 2025

Nov 7, 2025·SEC

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OPAL Frequently Asked Questions

OPAL Fuels Inc. (OPAL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is OPAL Fuels Inc.'s revenue?

OPAL Fuels Inc. (OPAL) reported $339.1M in revenue for fiscal year 2025. This represents a 183% increase from $119.7M in 2019.

How fast is OPAL Fuels Inc. growing?

OPAL Fuels Inc. (OPAL) grew revenue by 16.3% over the past year. This is strong growth.

Is OPAL profitable?

Yes, OPAL Fuels Inc. (OPAL) is profitable, generating $18.7M in net income for fiscal year 2025 (4.2% net margin).

Dividend & Returns
Does OPAL pay dividends?

Yes, OPAL Fuels Inc. (OPAL) pays a dividend with a yield of 19.24%. This makes it attractive for income-focused investors.

What is OPAL's return on equity?

OPAL Fuels Inc. (OPAL) has a return on equity (ROE) of 3.1%. This is below average, suggesting room for improvement.

What is OPAL Fuels Inc.'s free cash flow?

OPAL Fuels Inc. (OPAL) had negative free cash flow of $46.5M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in OPAL back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →