FuelCell Energy, Inc.

FuelCell Energy, Inc.

FCELB
FuelCell Energy, Inc.US flagOther OTC
475.00
USD
+15.00
- -
148.58MMarket Cap
FuelCell Energy, Inc.
FCELB
(Other OTC)

Recent

price

475.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
319.32
-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
12.2
Book Value per Share
319.32
-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
12.16
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
70
123
121
188
180
163
108
96
89
61
71
70
130
123
112
158
154
Sales/Revenue/Turnover
-77.91
-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
-87.95
Operating Margin (%)
7
6
5
4
4
4
5
9
9
12
19
20
21
25
36
40
41
Depreciation Expense
-56
-46
-35
-34
-38
-29
-51
-54
-47
-78
-89
-101
-143
-108
-126
-188
-175
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-79.77
-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
-113.6
Profit Margin (%)
48
19
56
83
142
129
150
105
70
22
175
491
494
410
371
382
737
Working Capital
4
4
4
53
13
13
81
64
72
90
160
87
90
129
140
127
158
LT Debt
8
-14
74
47
158
155
174
189
177
136
254
705
754
760
727
731
1,043
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
-296.6
- -
- -
- -
- -
-33.34
-51.65
-52.96
-67.78
-122.93
-68.4
-24.91
-22
-16.21
-19.29
-28.97
-23.29
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
ST Debt
19
18
20
LT Borrowings
132
130
147
LT Finance Leases
12
12
12
Preferred Equity and Hybrid Capital
60
60
60
Shares Outstanding
53
64
80
Market Capitalization
18,676
27,962
36,779

Working Capital

FRC

•

in mil. unless spec.
Jan'26
Apr'26
Jul'26
Total Current Assets
495
544
833
Cash, Cash Equivalents & STI
312
373
658
Accounts Receivable, Net
6
8
7
Inventories
90
88
86
Total Current Liabilities
62
63
96
Payables & Accruals
38
40
57
ST Debt
19
18
20
Deferred Revenue
4
4
19

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.02%
36.23%
0.51%
Free Cash Flow
-16.35%
33.35%
-18.06%
Net Income, GAAP
24.22%
19.25%
49.12%
Sales/Revenue/Turnover
4.5%
22.44%
41.05%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17
22
24
49
112
2025
19
37
47
55
158
2026
31
36
33
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
FuelCell Energy, Inc. (FCELB) develops, manufactures, and commercializes stationary fuel cell power platforms for clean, reliable power generation. The company offers carbonate fuel cell products, including SureSource 1500, SureSource 3000, and SureSource 4000 platforms that generate electricity through electrochemical reactions using fuels such as natural gas, biogas, or hydrogen; multi-megawatt modules for utility-scale applications; and power plants for distributed generation serving commercial, industrial, utility, and government customers. Its services encompass engineering, procurement, construction, installation, commissioning, operation, and maintenance of fuel cell systems, along with SureSource OnSite Generator for backup power and SureSource Hydrogen for electrolysis-based green hydrogen production. Founded in 1969 and headquartered in Danbury, Connecticut, FuelCell Energy operates primarily in the United States, with projects and deployments in Europe, Asia, and the Middle East, targeting segments such as utilities, data centers, wastewater treatment facilities, and carbon capture initiatives. The company focuses on ultra-clean power solutions that achieve over 60% efficiency and capture CO2 for utilization in industries like food processing and chemicals. In recent developments, FuelCell Energy expanded its hydrogen offerings with commercial-scale electrolyzer deployments and strategic partnerships for carbon capture integration, including a 2024 alliance with ExxonMobil for CO2 utilization projects. The company secured a major U.S. Department of Energy funding award in 2025 for next-generation fuel cell modules and announced operational milestones in biogas-to-power plants across North America. These initiatives reflect FuelCell Energy's shift toward hydrogen economy enablers and scalable clean energy infrastructure amid global decarbonization efforts.