FuelCell Energy, Inc. Financial Ratios — FCEL Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	-33.34	-51.65	-52.96	-67.78	-122.93	-68.4	-24.91	-22	-16.21	-19.29	-28.97
Return on Assets (%)	-27.36	-18.92	-16.01	-14.71	-10.53	-16.49	-14.88	-13.07	-23.02	-20.8	-14.45	-15.73	-11.35	-13.27	-20.03
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	-10.29	0.37	3.8	7.61	7.83	-0.33	2.86	3.46	-35.01	-10.9	-22.47	-22.67	-8.54	-32.03	-16.7
EBITDA Margin (%)	-32.02	-22.34	-13.7	-12.72	-15.2	-38.25	-38.07	-40.23	-89.83	-27.92	-64.71	-93.84	-89.72	-109.06	-96.07
Operating Margin (%)	-37.27	-26.64	-15.89	-15.15	-17.72	-42.82	-45.55	-49.9	-110.17	-55.26	-93.27	-110.15	-110.28	-139.06	-76.65
Incremental Operating Margin (%)	16.46	- -	3.45	- -	9.18	31.85	- -	16.89	77.73	274.37	2,001.24	- -	- -	176.19	75.38
Pretax Margin (%)	-37.49	-29.71	-18.62	-21.3	-18.03	-46.83	-56.3	-56.3	-127.5	-125.67	-145.18	-112.21	-87.1	-139.79	-120.91
Profit Margin (%)	-37.3	-29.43	-18.31	-21.15	-18	-47.07	-56.34	-52.92	-127.68	-125.73	-145.23	-109.38	-87.17	-112.38	-118.8
Net Income to Common Margin (%)	-39.91	-32.09	-20.01	-22.92	-19.97	-50.03	-59.69	-69.51	-159.79	-130.43	-149.82	-111.83	-89.77	-115.23	-120.82
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	-24.33	-11.19	-3.15	-2.67	-3.02	-1.77	-1.67	17.14	18.2	-3.4	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	- -	- -	- -	- -	-34.35	-52.57	-53.85	-56.16	-100.56	-70.73	-24.91	-22	-16.21	-19.29	-28.97

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Total Debt	9	9	60	15	20	86	92	89	112	183	98	104	139	156	144
ST Debt	5	5	7	1	7	5	28	18	22	22	11	14	11	17	17
LT Debt	4	4	53	13	13	81	64	72	90	160	87	90	129	140	127
Total Debt/EBITDA	-0.23	-0.34	-2.32	-0.65	-0.82	-2.07	-2.53	-2.48	-2.05	-9.24	-2.17	-0.85	-1.26	-1.28	-0.95
Net Debt/EBITDA	1.08	1.4	0.31	3.01	1.55	-0.04	-1.17	-1.39	-1.88	-1.12	7.63	2.96	1.09	0.01	0.97
Total Debt/EBIT	-0.2	-0.28	-2	-0.54	-0.7	-1.85	-2.05	-2	-1.67	-4.67	-1.51	-0.73	-1.02	-0.99	-0.75
Net Debt/EBIT	0.93	1.17	0.27	2.52	1.33	-0.04	-0.95	-1.12	-1.53	-0.57	5.29	2.52	0.88	0.01	0.76
EBITDA to Interest Expense	-15.22	-11.69	-6.47	-6.44	-8.38	-8.35	-3.97	-3.97	-5.14	-1.29	-6.12	-19.15	-15.28	-12.62	-14.64
EBITDA-CapEx/Interest Expense	-15.22	-11.69	-6.47	-6.44	-8.38	-8.35	-3.97	-3.97	-5.14	-1.29	-6.12	-19.15	-15.28	-12.62	-14.64
EBIT to Interest Expense	-17.72	-13.94	-7.5	-7.67	-9.76	-9.35	-4.75	-4.93	-6.3	-2.56	-8.81	-22.48	-18.78	-16.09	-11.68
Interest Expense	3	2	4	4	3	5	9	9	11	15	7	6	7	10	10
Common Equity/Total Assets	-7.33	7.58	-5.22	35.63	34.38	33.57	26.38	24.14	22.71	37.16	73.4	72.83	71.43	69.58	71.04
Long-Term Debt/Equity (%)	- -	5.37	112.88	8.44	8.41	46.4	33.77	40.48	66.48	63.08	12.3	11.99	16.91	19.21	17.39
Long-Term Debt/Capital (%)	-78.73	4.78	49.57	7.72	7.43	31.08	22.7	26.91	36.4	36.71	10.8	10.53	14.29	15.81	14.53
Long-Term Debt/Total Assets (%)	2.24	2.08	22.17	4.76	4.69	23.73	16.61	21.04	27.03	30.65	9.91	9.62	13.46	14.8	13.64
Total Debt/Equity (%)	-63.73	12.35	127.73	9.35	13.17	49.28	48.75	50.43	82.64	71.84	13.87	13.82	18.31	21.51	19.69
Total Debt/Capital (%)	-175.7	10.99	56.09	8.55	11.63	33.01	32.77	33.52	45.25	41.81	12.18	12.15	15.48	17.7	16.45
Total Debt/Total Assets (%)	4.99	4.77	25.08	5.28	7.34	25.2	23.98	26.21	33.61	34.91	11.18	11.1	14.57	16.57	15.44
Net Debt to Equity	293.94	-51.01	-17.34	-43.53	-24.9	0.96	22.64	28.22	75.68	8.71	-48.7	-47.99	-15.82	-0.19	-20.11
Net Debt/Capital (%)	74.62	-104.14	-20.97	-77.07	-33.15	0.95	18.46	22.01	43.08	7.71	-92.6	-90.36	-18.52	-0.18	-24.63
EBITDA	-39	-27	-26	-23	-25	-41	-36	-36	-55	-20	-45	-122	-111	-122	-152
EBITDA-CapEx	-39	-27	-26	-23	-25	-41	-36	-36	-55	-20	-45	-122	-111	-122	-152
Operating Income (Loss)	-46	-32	-30	-27	-29	-46	-44	-45	-67	-39	-65	-144	-136	-156	-121

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Cash Ratio	0.56	0.55	0.64	1.12	0.79	1.62	0.5	0.65	0.15	2.54	8.19	5.34	5.37	3.48	4.1
Current Ratio	1.16	1.66	1.78	2.89	2.72	3.89	2.07	2.17	1.34	3.97	10.3	6.76	7.23	6.01	6.63
Quick Ratio	0.75	0.98	1.1	1.98	1.61	2.11	1.2	1.04	0.33	2.84	8.64	5.52	5.67	4.14	4.88
CFO/Avg Current Liab	-0.1	-0.59	-0.17	-0.63	-0.59	-0.73	-0.96	0.21	-0.5	-0.6	-1.26	-1.62	-1.85	-2.19	-1.77
Common Equity/Total Assets	-7.33	7.58	-5.22	35.63	34.38	33.57	26.38	24.14	22.71	37.16	73.4	72.83	71.43	69.58	71.04
Long-Term Debt/Equity (%)	- -	5.37	112.88	8.44	8.41	46.4	33.77	40.48	66.48	63.08	12.3	11.99	16.91	19.21	17.39
Long-Term Debt/Capital (%)	-78.73	4.78	49.57	7.72	7.43	31.08	22.7	26.91	36.4	36.71	10.8	10.53	14.29	15.81	14.53
Long-Term Debt/Total Assets (%)	2.24	2.08	22.17	4.76	4.69	23.73	16.61	21.04	27.03	30.65	9.91	9.62	13.46	14.8	13.64
Total Debt/Equity (%)	-63.73	12.35	127.73	9.35	13.17	49.28	48.75	50.43	82.64	71.84	13.87	13.82	18.31	21.51	19.69
Total Debt/Capital (%)	-175.7	10.99	56.09	8.55	11.63	33.01	32.77	33.52	45.25	41.81	12.18	12.15	15.48	17.7	16.45
Total Debt/Total Assets (%)	4.99	4.77	25.08	5.28	7.34	25.2	23.98	26.21	33.61	34.91	11.18	11.1	14.57	16.57	15.44
CFO/Total Liabilities	-4.29	-49.92	-8.72	-46.98	-36.11	-27.99	-36.85	9.98	-15.45	-13.67	-41.45	-60.52	-71.84	-70.57	-62.33
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Accounts Receivable Turnover	6.13	5.92	10.16	12.22	10.47	7.83	3.76	3.42	9.66	11.03	5.73	13.3	28.39	14.41	20.08
Days Sales Outstanding	59.58	61.67	35.92	29.88	34.86	46.59	97.06	106.69	37.77	33.1	63.71	27.43	12.86	25.32	18.17
Inventory Turnover	3.68	2.74	3.48	2.97	2.47	1.56	1.25	1.35	1.52	1.49	1.44	2.03	1.53	1.49	1.85
Days Inventory Outstanding	99.24	133.36	105.02	122.8	147.71	234.51	291.24	270.7	240.5	244.94	252.78	180.13	238.96	244.27	197.66
Accounts Payable Turnover	11.62	9.61	10.22	7	8.27	6.82	3.07	2.01	4.2	5.66	7.03	7.75	4.66	7.22	7.93
Accounts Payable Turnover Days	31.4	38	35.72	52.14	44.11	53.53	119.09	181.91	86.97	64.48	51.95	47.1	78.33	50.54	46.01
Cash Conversion Cycle	127.42	157.03	105.22	100.54	138.46	227.57	269.21	195.48	191.3	213.56	264.55	160.46	173.49	219.05	169.82
Inventory to Cash Days	-39.65	-71.68	-69.1	-92.92	-112.85	-187.91	-194.17	-164	-202.74	-211.84	-189.07	-152.7	-226.1	-218.94	-179.48
Inventories	40	48	56	56	66	74	74	54	55	51	67	91	84	114	86
Raw Materials	18	18	21	25	29	25	20	24	25	- -	- -	- -	- -	- -	- -
Work In Process	22	30	36	30	37	49	54	29	31	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	-2	51	67	91	84	114	86

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	51	47	68	84	59	84	49	39	9	150	432	458	250	148	278
+ Preferred Equity and Hybrid Capital	- -	60	60	60	60	60	88	95	60	60	60	60	60	60	60
+ Minority/Non Controlling Interest	-1	- -	-1	-2	-1	- -	- -	- -	- -	- -	3	10	18	11	9
+ Total Debt	9	9	60	15	20	86	92	89	112	183	98	104	139	156	144
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Capital	-5	83	106	173	175	260	281	266	248	437	803	859	900	884	875
Total Debt/Capital (%)	-175.7	10.99	56.09	8.55	11.63	33.01	32.77	33.52	45.25	41.81	12.18	12.15	15.48	17.7	16.45
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	123	121	188	180	163	108	96	89	61	71	70	130	123	112	158
TTM EBITDA	-39	-27	-26	-23	-25	-41	-36	-36	-55	-20	-45	-122	-111	-122	-152
TTM Operating Income	-46	-32	-30	-27	-29	-46	-44	-45	-67	-39	-65	-144	-136	-156	-121
TTM Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

No data availableFinancial data will appear here once available

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	10/31/2011	10/31/2012	10/31/2013	10/31/2014	10/31/2015	10/31/2016	10/31/2017	10/31/2018	10/31/2019	10/31/2020	10/31/2021	10/31/2022	10/31/2023	10/31/2024	10/31/2025

Shares Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	6	10	12	14	15	20	46
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	2	7	11	13	14	17	26
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	2	7	11	13	14	17	26
Revenue per Share	4,253.24	3,148.66	4,346.35	3,170.21	2,393.97	1,308.91	689.98	389.07	33.09	9.58	6.24	10.22	8.82	6.79	6.14
EBITDA per Share	-1,361.86	-703.26	-595.61	-403.14	-363.96	-500.63	-262.65	-156.54	-29.72	-2.67	-4.04	-9.59	-7.91	-7.41	-5.9
Operating Income per Share	-1,585.02	-838.81	-690.5	-480.23	-424.13	-560.47	-314.31	-194.16	-36.45	-5.29	-5.82	-11.25	-9.73	-9.45	-4.71
Basic EPS, GAAP	-1,697.31	-1,010.26	-869.88	-726.64	-477.97	-654.83	-411.85	-270.45	-52.87	-12.49	-9.34	-11.43	-7.92	-7.83	-7.42
Basic EPS from Cont Ops	-1,595.32	-937.42	-818.02	-683.71	-435.76	-619.17	-388.77	-205.91	-42.25	-12.04	-9.05	-11.53	-7.72	-9.5	-7.43
Diluted EPS, GAAP	-1,697.31	-1,010.26	-869.88	-726.64	-477.97	-654.83	-411.85	-270.45	-52.87	-12.49	-9.34	-11.43	-7.92	-7.83	-7.42
Diluted EPS from Cont Ops	-1,595.32	-937.42	-818.02	-683.71	-435.76	-619.17	-388.77	-205.91	-42.25	-12.04	-9.05	-11.53	-7.72	-9.5	-7.43
Dividend per Share	528.35	199.04	102.88	76.37	61.69	50.42	29.97	18.18	1	0.88	0.29	0.25	0.23	0.19	0.12
Cash Flow per Share	-294.43	-1,531.45	-385.82	-1,010.5	-649.94	-563.39	-518.17	71	-16.65	-4.97	-6.31	-8.78	-10.02	-9.26	-4.87
Free Cash Flow per Basic Share	-294.43	-1,531.45	-385.82	-1,010.5	-649.94	-563.39	-518.17	71	-16.65	-4.97	-6.31	-8.78	-10.02	-9.26	-4.87
Cash & Equivalents per Share	1,979.99	1,089.68	1,489.76	1,259.35	816.18	861.64	255.36	147.85	1.46	15.26	35.37	33.88	23.55	12.63	6.04
Book Value per Share	-419.87	337.25	-273.15	1,504.22	1,321.77	1,170.82	524.55	309.28	11.74	19.8	52.57	50.63	45.44	32.24	14.37
Tangible Book Value per Share	-419.87	337.25	-573.91	1,298.61	1,132.23	1,030.94	453.75	257.86	7.81	17.36	50.71	49.04	44.09	31.31	14.29