Bloom Energy Corporation Financial Ratios — BE Stock

Profitability (USD)

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	-22.79	-19.95	-21.4	-11.35	-10.34	-16.42	-13.86	-1.15	-2.51
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	-49.63	-4.46	16.72	12.43	20.87	20.32	12.37	14.83	27.46	29.02
EBITDA Margin (%)	-94.89	-27.54	-17.56	-19.64	-3.59	-6.28	-16.63	-10.97	5.15	6.1
Operating Margin (%)	-115.56	-42.41	-26.08	-29.65	-10.17	-11.78	-21.77	-15.67	1.55	3.6
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	165.13	9.07
Pretax Margin (%)	-160.92	-80.52	-45.8	-41.12	-22.52	-19.78	-26.18	-22.95	-1.79	-4.17
Profit Margin (%)	-134.1	-75.59	-43.24	-38.77	-19.84	-16.92	-25.14	-22.66	-1.98	-4.37
Net Income to Common Margin (%)	-134.1	-75.59	-43.24	-38.77	-19.84	-16.92	-25.14	-22.66	-1.98	-4.37
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	-5.83	-1.1
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Credit (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	794	941	1,135	1,094	913	1,124	1,021	1,455	1,530	2,992
ST Debt	21	20	38	349	141	55	61	60	147	79
LT Debt	773	921	1,097	745	772	1,069	960	1,394	1,383	2,913
Total Debt/EBITDA	-4.01	-9.35	-10.21	-7.09	-32.04	-18.4	-5.12	-9.94	20.14	24.25
Net Debt/EBITDA	-3.22	-8.32	-4.68	-2.81	-5.05	-2.14	-0.32	-1.24	4.29	1.33
Total Debt/EBIT	-3.3	-6.07	-6.88	-4.7	-11.31	-9.81	-3.91	-6.96	66.78	41.1
Net Debt/EBIT	-2.65	-5.4	-3.15	-1.86	-1.78	-1.14	-0.24	-0.87	14.23	2.25
EBITDA to Interest Expense	-2.44	-0.81	-1.05	-1.64	-0.36	-0.88	-3.73	-1.35	1.21	2.29
EBITDA-CapEx/Interest Expense	-2.55	-1.3	-1.51	-2.18	-0.84	-1.61	-5.91	-2.12	0.27	1.24
EBIT to Interest Expense	-2.97	-1.25	-1.56	-2.47	-1.03	-1.66	-4.88	-1.93	0.37	1.35
Interest Expense	81	124	106	94	79	69	53	108	63	54
Common Equity/Total Assets	-171.76	-190.88	-172.43	-222.77	-213.42	-189.1	-183.11	-160.19	-146.67	-90.68
Long-Term Debt/Equity (%)	- -	- -	2,759.19	- -	545.9	- -	253.42	267.81	236.33	367.37
Long-Term Debt/Capital (%)	-74.45	-78.35	-83.96	-42.34	-36.27	-50.98	-38.31	-58.26	-58.98	-300.11
Long-Term Debt/Total Assets (%)	64.23	75.45	72.09	56.36	53.07	61.95	49.32	57.77	52.05	66.26
Total Debt/Equity (%)	-46.05	-47.87	2,854.7	-651.72	645.97	-73,575.77	269.42	279.39	261.4	377.31
Total Debt/Capital (%)	-76.46	-80.06	-86.87	-62.13	-42.92	-53.58	-40.73	-60.78	-65.23	-308.23
Total Debt/Total Assets (%)	65.97	77.1	74.59	82.71	62.8	65.11	52.43	60.27	57.57	68.05
Net Debt to Equity	-36.97	-42.59	1,309.2	-258.54	101.81	-8,558.94	16.65	34.96	55.7	20.65
Net Debt/Capital (%)	-53.35	-65.45	-34.08	-22.1	-6.06	-5.24	-2.21	-5.95	-10.35	-4.78
EBITDA	-198	-101	-111	-154	-29	-61	-199	-146	76	123
EBITDA-CapEx	-207	-162	-160	-205	-66	-111	-316	-230	17	67
Operating Income (Loss)	-241	-155	-165	-233	-81	-115	-261	-209	23	73

Liquidity (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.6	0.48	1.26	0.35	0.57	1.16	0.64	1.41	1.26	3.93
Current Ratio	1.5	1.55	2.58	0.82	1.42	2.35	1.95	3.6	3.21	5.98
Quick Ratio	0.78	0.62	1.66	0.44	0.82	1.52	1.21	2.25	2.03	4.84
CFO/Avg Current Liab	- -	-0.35	-0.35	0.39	-0.2	-0.16	-0.43	-0.74	0.17	0.18
Common Equity/Total Assets	-171.76	-190.88	-172.43	-222.77	-213.42	-189.1	-183.11	-160.19	-146.67	-90.68
Long-Term Debt/Equity (%)	- -	- -	2,759.19	- -	545.9	- -	253.42	267.81	236.33	367.37
Long-Term Debt/Capital (%)	-74.45	-78.35	-83.96	-42.34	-36.27	-50.98	-38.31	-58.26	-58.98	-300.11
Long-Term Debt/Total Assets (%)	64.23	75.45	72.09	56.36	53.07	61.95	49.32	57.77	52.05	66.26
Total Debt/Equity (%)	-46.05	-47.87	2,854.7	-651.72	645.97	-73,575.77	269.42	279.39	261.4	377.31
Total Debt/Capital (%)	-76.46	-80.06	-86.87	-62.13	-42.92	-53.58	-40.73	-60.78	-65.23	-308.23
Total Debt/Total Assets (%)	65.97	77.1	74.59	82.71	62.8	65.11	52.43	60.27	57.57	68.05
CFO/Total Liabilities	-9.66	-2.89	-6.2	10.99	-7.52	-3.51	-12.23	-19.68	4.44	3.16
CFO/CapEx	-31.5	-1.5	-1.9	3.21	-2.61	-1.22	-1.64	-4.45	1.56	2.01
Altman's Z-Score	-2.76	-2.65	-1.82	-2.85	-0.66	-0.66	-0.71	-0.37	0.63	3.57

Working Capital (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	11.17	10.62	12.4	11.85	10.57	7.08	4.51	4.36	5.72
Days Sales Outstanding	- -	32.69	34.36	29.43	30.79	34.54	51.56	80.99	83.78	63.81
Inventory Turnover	- -	4.4	4.67	5.62	4.99	5.43	5.1	2.95	2.04	2.42
Days Inventory Outstanding	- -	82.86	78.11	64.99	73.08	67.25	71.51	123.88	178.74	150.91
Accounts Payable Turnover	- -	8.64	9.91	10.81	11.6	11.82	10.02	9.32	9.89	10.38
Accounts Payable Turnover Days	- -	42.26	36.85	33.77	31.46	30.88	36.43	39.15	36.91	35.17
Cash Conversion Cycle	- -	73.29	75.62	60.66	72.42	70.9	86.64	165.72	225.6	179.55
Inventory to Cash Days	- -	-50.18	-43.76	-35.56	-42.29	-32.71	-19.95	-42.9	-94.96	-87.11
Inventories	83	90	135	110	142	143	268	503	545	643
Raw Materials	40	50	51	68	79	81	165	270	316	352
Work In Process	24	20	19	21	29	32	45	51	80	125
Finished Goods	19	20	66	21	34	31	58	181	149	167
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

API ChatGPT

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	532	860	3,976	3,803	3,555	3,148	5,050	20,889
- Cash & Cash Equivalents	157	104	221	203	247	396	348	665	803	2,454
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	235	214	182	92	63	43	38	19	23	24
+ Total Debt	794	941	1,135	1,094	913	1,124	1,021	1,455	1,530	2,992
Enterprise Value	873	1,024	1,524	1,843	4,705	4,574	4,265	3,956	5,799	21,451
Total Capital	-1,039	-1,176	-1,307	-1,761	-2,128	-2,097	-2,506	-2,393	-2,345	-971
Total Debt/Capital (%)	-76.46	-80.06	-86.87	-62.13	-42.92	-53.58	-40.73	-60.78	-65.23	-308.23
Total Debt / EV	0.91	0.92	0.74	0.59	0.19	0.25	0.24	0.37	0.26	0.14
EV/Sales	4.18	2.8	2.41	2.35	5.92	4.7	3.56	2.97	3.93	10.6
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	76.35	173.88
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	253.15	294.64
EV/Cash Flow to Firm	- -	31.41	104.9	7.14	- -	524.55	- -	- -	37.02	126.49
EV/Free Cash Flow to Firm	- -	10.89	24.19	5.96	261.1	78.14	- -	- -	26.91	94.77
Diluted Market Cap	- -	- -	532	860	3,976	3,803	3,555	3,148	5,050	20,889
Diluted Enterprise Value	873	1,051	1,628	1,843	4,705	4,574	4,265	3,956	5,799	21,451
EV per Share	15.01	17.62	28.61	16.01	33.92	26.37	22.94	18.6	25.51	89.23
TTM Sales	209	366	633	785	794	972	1,199	1,333	1,474	2,024
TTM EBITDA	-198	-101	-111	-154	-29	-61	-199	-146	76	123
TTM Operating Income	-241	-155	-165	-233	-81	-115	-261	-209	23	73
TTM Cash Flow to Firm	-201	33	15	258	-20	9	-138	-264	157	170
TTM Free Cash Flow to Firm	-192	94	63	309	18	59	-21	-180	215	226

Multiples (USD)

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	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	-12.22	4	-65.3	-349.88	-47.46	-10.9	33.48	122.36
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	253.15	294.64
Enterprise Value	873	1,024	1,524	1,843	4,705	4,574	4,265	3,956	5,799	21,451
Low Price	- -	- -	9.42	2.44	3	16.82	11.47	9.51	8.41	15.15
EV/Sales	4.18	2.8	2.41	2.35	5.92	4.7	3.56	2.97	3.93	10.6
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	76.35	173.88
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	-4.48	-3.46	-11.62	-27.16	-12.35	-11.64	-103.56	-134.07
Price/Earnings High	- -	- -	-7.4	-6.29	-27.81	-47.41	-19.41	-18.69	-223.27	-401.95
Price/Earnings Low	- -	- -	-1.83	-0.92	-2.64	-17.74	-7.07	-6.69	-65.42	-41.18
Price/Book Value	- -	- -	-0.2	-0.29	-1.28	-1.17	-1	-0.81	-1.3	-5.24
Price/Book Value Average	- -	- -	-0.47	-0.36	-0.59	-1.37	-1.04	-0.91	-0.78	-2.97
Price/Book Value High	- -	- -	-0.77	-0.65	-1.41	-2.39	-1.64	-1.46	-1.67	-8.92
Price/Book Value Low	- -	- -	-0.19	-0.1	-0.13	-0.89	-0.6	-0.52	-0.49	-0.91
Price/Tangible Book Value	- -	- -	13.37	-5.12	28.12	-1,091.7	9.38	6.05	8.63	26.34
Price/Tangible Book Value Average	- -	- -	30.83	-6.28	12.95	-1,282.07	9.83	6.76	5.17	14.95
Price/Tangible Book Value High	- -	- -	50.91	-11.4	30.98	-2,237.67	15.44	10.84	11.15	44.83
Price/Tangible Book Value Low	- -	- -	12.62	-1.67	2.94	-837.32	5.63	3.88	3.27	4.59
Price/Sales	- -	- -	0.84	1.1	5.01	3.91	2.96	2.36	3.43	10.32
Price/Sales Average	- -	- -	1.94	1.34	2.31	4.59	3.1	2.64	2.05	5.86
Price/Sales High	- -	- -	3.2	2.44	5.52	8.02	4.88	4.23	4.43	17.56
Price/Sales Low	- -	- -	0.79	0.36	0.52	3	1.78	1.52	1.3	1.8
Price/Cash Flow	- -	- -	-5.78	5.25	-40.24	-62.68	-18.54	-8.45	54.89	183.31
Price/Cash Flow Average	- -	- -	-13.33	6.44	-18.53	-73.61	-19.42	-9.44	32.9	104.05
Price/Cash Flow High	- -	- -	-22.01	11.69	-44.34	-128.48	-30.52	-15.16	70.93	311.95
Price/Cash Flow Low	- -	- -	-5.46	1.72	-4.21	-48.07	-11.12	-5.43	20.78	31.96
Price/Free Cash Flow Average	- -	- -	-28.19	4.91	-30.07	-410.88	-49.7	-12.18	20.06	69.45
Price/Free Cash Flow High	- -	- -	-46.55	8.91	-71.96	-717.14	-78.11	-19.55	43.26	208.23
Price/Free Cash Flow Low	- -	- -	-11.54	1.31	-6.84	-268.35	-28.47	-7	12.68	21.34
EV/Sales Average	4.18	2.87	3.67	2.59	3.22	5.39	3.7	3.24	2.56	6.14
EV/Sales High	4.18	2.87	4.93	3.69	6.43	8.81	5.47	4.84	4.94	17.84
EV/Sales Low	4.18	2.87	2.53	1.61	1.44	3.79	2.37	2.12	1.81	2.08
EV/EBITDA Average	-4.41	-10.44	-20.9	-13.21	-89.8	-85.78	-22.23	-29.57	49.72	100.66
EV/EBITDA High	-4.41	-10.44	-28.09	-18.79	-179.25	-140.32	-32.9	-44.12	95.78	292.69
EV/EBITDA Low	-4.41	-10.44	-14.38	-8.19	-40.17	-60.4	-14.26	-19.35	35.04	34.08
EV/EBIT Average	-3.62	-6.78	-14.07	-8.75	-31.69	-45.74	-16.98	-20.71	164.84	170.58
EV/EBIT High	-3.62	-6.78	-18.91	-12.45	-63.25	-74.81	-25.14	-30.9	317.56	495.98
EV/EBIT Low	-3.62	-6.78	-9.69	-5.43	-14.18	-32.2	-10.89	-13.55	116.19	57.75
Last Price	- -	- -	9.98	7.47	28.66	21.93	19.12	14.8	22.21	86.89
High Price	- -	- -	38	16.63	31.58	44.95	31.47	26.55	28.7	147.86
Enterprise Value Average	873	1,051	2,322	2,037	2,560	5,237	4,433	4,327	3,776	12,418
Enterprise Value High	873	1,051	3,121	2,897	5,110	8,566	6,561	6,455	7,275	36,108
Enterprise Value Low	873	1,051	1,598	1,264	1,145	3,687	2,843	2,831	2,662	4,204

Shares Outstanding	11	11	109	121	168	176	206	225	229	280
Diluted Weighted Avg Shares	58	59	53	115	139	173	186	213	227	240
Basic Weighted Avg Shares	58	58	53	115	139	173	186	213	227	240
Revenue per Share	3.59	6.29	11.88	6.82	5.73	5.61	6.45	6.27	6.48	8.42
EBITDA per Share	-3.4	-1.73	-2.09	-1.34	-0.21	-0.35	-1.07	-0.69	0.33	0.51
Operating Income per Share	-4.15	-2.67	-3.1	-2.02	-0.58	-0.66	-1.4	-0.98	0.1	0.3
Basic EPS, GAAP	-4.81	-4.75	-5.14	-2.64	-1.14	-0.95	-1.62	-1.42	-0.13	-0.37
Basic EPS from Cont Ops	-5.79	-5.07	-5.47	-2.81	-1.29	-1.11	-1.69	-1.45	-0.12	-0.36
Diluted EPS, GAAP	-4.81	-4.72	-5.14	-2.64	-1.14	-0.95	-1.62	-1.42	-0.13	-0.37
Diluted EPS from Cont Ops	-5.79	-5.04	-5.47	-2.81	-1.29	-1.11	-1.69	-1.45	-0.12	-0.36
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	0.01	- -
Cash Flow per Share	-4.86	-1.58	-1.73	1.42	-0.71	-0.35	-1.03	-1.75	0.4	0.47
Free Cash Flow per Basic Share	-5.02	-2.64	-2.64	0.98	-0.99	-0.64	-1.66	-2.15	0.15	0.24
Cash & Equivalents per Share	2.69	2.25	6.1	1.76	1.78	2.28	1.87	3.12	3.53	10.21
Book Value per Share	-35.57	-40.09	-49.26	-25.59	-22.38	-18.81	-19.17	-18.18	-17.14	-16.58
Tangible Book Value per Share	-29.67	-33.83	0.75	-1.46	1.02	-0.02	2.04	2.45	2.57	3.3

Bloom Energy Corporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)