OPAL Fuels Inc.

OPAL Fuels Inc.

OPAL
OPAL Fuels Inc.US flagNASDAQ Capital Market
1.84
USD
-0.02
- -
52.04MMarket Cap
OPAL Fuels Inc.
OPAL
(NASDAQ Capital Market)

Recent

price

1.84

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.76
4.68
6.6
9.14
9.43
10.86
12.4
11.8
Revenue per Share
-0.21
-1.01
- -
0.13
0.7
0.02
0.15
-0.01
Basic EPS, GAAP
-0.05
-0.9
-2.81
-5.15
-2.78
-3.47
-1.22
-1.79
Free Cash Flow per Basic Share
0.02
0.03
0.15
- -
0.61
0.47
0.37
0.43
Dividend per Share
- -
0.94
-1.2
-31.85
-21.79
-5.22
-0.45
0.87
Book Value per Share
- -
0.67
-3.48
-33.77
-23.96
-7.14
-2.33
-0.93
Tangible Book Value per Share
25
25
25
26
27
28
28
29
Basic Weighted Avg Shares
120
118
166
236
256
300
349
340
Sales/Revenue/Turnover
2.43
-1.08
6.64
0.76
0.59
3.33
1.37
2.19
Operating Margin (%)
8
8
10
14
15
19
23
23
Depreciation Expense
-5
-25
- -
11
30
11
15
19
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-4.39
-21.54
0.13
4.81
11.69
3.68
4.23
5.5
Profit Margin (%)
- -
8
-55
59
54
13
18
73
Working Capital
- -
91
134
100
208
285
337
413
LT Debt
- -
30
95
378
457
465
498
516
Total Equity
- -
- -
4.8
0.4
0.25
- -
- -
- -
Return on Invested Capital (%)
- -
- -
-14.73
-0.68
-9.48
- -
- -
- -
Return on Capital (%)
- -
-213.33
- -
- -
- -
- -
- -
5.74
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
15
19
19
LT Borrowings
337
428
413
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
29
30
30
Market Capitalization
68
77
67

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
123
213
163
Cash, Cash Equivalents & STI
24
133
91
Accounts Receivable, Net
48
27
37
Inventories
11
12
13
Total Current Liabilities
104
97
90
Payables & Accruals
83
61
56
ST Debt
15
19
19
Deferred Revenue
6
5
3

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
107.88%
7.04%
Free Cash Flow
- -
43.91%
-64.28%
Net Income, GAAP
- -
1,065.22%
33.73%
Sales/Revenue/Turnover
- -
25.02%
16.34%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
65
71
84
80
300
2025
85
80
83
100
349
2026
73
83
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
-0.01
0.09
- -
0.02
2025
-0.01
0.03
0.05
0.08
0.15
2026
-0.09
-0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
0.09
0.09
- -
0.47
2025
0.09
0.09
0.09
0.09
0.37
2026
0.12
0.13
- -
- -
- -
Business
OPAL Fuels Inc. (Nasdaq: OPAL) produces and distributes renewable natural gas (RNG) for heavy-duty trucking fleets and other hard-to-decarbonize industrial sectors; captures methane emissions from landfills and dairy farms, purifying them into low-carbon intensity RNG and renewable power; designs, develops, constructs, operates, and services RNG and hydrogen fueling stations; generates and sells renewable power to utilities; and markets environmental attributes, low-carbon fuel standard credits, commodity natural gas, and pipeline-quality RNG throughout the United States and into Canada. The company operates a vertically integrated waste-to-energy model with annual design capacity exceeding 9 million MMBtu across twelve RNG projects; targets heavy-duty transportation including Class 8 trucking, utilities, and industrial users; and maintains a development pipeline including over 350 completed fueling stations nationwide. Founded in 1998 and headquartered in White Plains, New York, OPAL Fuels reports increased RNG production of 3.8 million MMBtu in 2024, up 41% from prior year; placed the Atlantic RNG project online in 2025 and commenced construction on the CMS Concord RNG facility in North Carolina representing 0.7 million MMBtu net annual capacity; added four new landfill RNG projects with combined 1.5 million MMBtu OPAL share expected to produce 20 million gasoline gallon equivalents annually upon full operations starting 2026-2027; entered five new fuel station services agreements for Canadian operations in March 2025; completed multiple sales of IRA investment tax credits totaling over $40 million in gross proceeds during 2025; and targets 2 million MMBtu of new RNG construction for the year amid policy support for RNG.

Company News

  • OPAL Fuels Extends Landfill Gas Rights at Miramar Landfill in San Diego

  • OPAL Fuels Upgrades Goshen, California Fueling Station, Increasing RNG/CNG Capacity to 14 Million Gallons Over the Next Decade

  • OPAL Fuels Upgrades Goshen, California Fueling Station, Increasing RNG/CNG Capacity to 14 Million Gallons Over the Next Decade

  • OPAL Fuels Welcomes Congressman Eugene Vindman to Prince William County Renewable Natural Gas Facility

  • OPAL Fuels Welcomes Congressman Eugene Vindman to Prince William County Renewable Natural Gas Facility

  • Biomea Fusion Announces First Patient Dosed in OPAL Study Evaluating Icovamenib in Combination with Semaglutide in Obesity

  • OPAL Fuels Inc. (OPAL) Q2 2026 Earnings Call Transcript

  • OPAL Fuels Q2 Earnings Call Highlights

  • OPAL Fuels Reports Second Quarter 2026 Results

  • OPAL Fuels to Supply Municipal Refuse Fleet with Renewable Natural Gas Across California's Central Valley

  • OPAL Fuels Announces Second Quarter 2026 Earnings Release Date and Conference Call

  • OPAL Fuels Announces Second Quarter 2026 Earnings Release Date and Conference Call

  • OPAL Fuels and GFL Environmental Advance Growth Strategy with New RNG Projects in Alabama and Georgia

  • OPAL Fuels and GFL Environmental Advance Growth Strategy with New RNG Projects in Alabama and Georgia

  • Nevada’s Only Refinery Just Got a Jet-Fuel Makeover Plan

  • OPAL Fuels Inc. (OPAL) Q1 2026 Earnings Call Transcript

  • OPAL Fuels Q1 Earnings Call Highlights

  • OPAL Fuels Reports First Quarter 2026 Results

  • OPAL Fuels Welcomes Congressman Greg Murphy, M.D. to Sapphire Renewable Natural Gas Facility

  • OPAL Fuels Announces First Quarter 2026 Earnings Release Date and Conference Call