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OPAL Fuels Inc. logo

OPAL Fuels Inc.

OPAL

NASDAQUtilitiesRegulated Gas

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Previous close

$2.12

−$0.01 · -0.47%

Aug 21, 4:00 PM ET

OPAL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

67

Undervalued

Momentum

36

Weakening

Sentiment

53

Mixed

Risk resilience

42

Elevated Risk

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Company profile

Company website

OPAL Fuels Inc. focuses on the creation and distribution of renewable natural gas (RNG), supplying it as an alternative vehicle fuel primarily for heavy and medium-duty commercial trucking fleets. Beyond merely providing fuel, the company also specializes in the comprehensive design, development, construction, operation, and servicing of natural gas fueling infrastructure for these fleets, thereby assisting them in transitioning away from diesel. Additionally, OPAL Fuels offers its expertise in the planning and construction of hydrogen fueling stations. The company further diversifies its operations by generating and marketing renewable electricity to utility providers. As of May 1, 2022, it managed a portfolio of 24 owned and operated biogas production facilities. Established in 1998, OPAL Fuels Inc. is headquartered in White Plains, New York.

Industry
Regulated Gas
Sector
Utilities
Headquarters
US
CEO
Adam J. Comora
Listed since
May 24, 2021
Employees
331

Market position

Day range

Current $2.12

52-week range

Current $2.12

Open
$2.15
Previous close
$2.13
Volume
175.15K
0.72× average
Average volume
243.74K
Average daily volume
Market cap
59.96M USD
Beta
0.76
Market reference 1
50-day average
$2.1871
-3.07% below average
200-day average
$2.2701
-6.61% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
407.43M USD
P/E (TTM)
-158.21×
P/B (TTM)
2.38×
P/S (TTM)
0.18×
EV / EBITDA
11.83×
Earnings yield
22.21%
Free cash flow yield
-51.56%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
27.74%
Operating margin
1.97%
Net margin
5.51%
Return on equity
-114.09%
Return on assets
1.54%
Return on invested capital
-1.22%

Financial health

Debt / equity
16.38×
Current ratio
1.18×
Altman Z-score
0.56
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%23%10%-3%Gross margin, FY2021: 30.74%Gross margin, FY2022: 30.88%Gross margin, FY2023: 28.19%Gross margin, FY2024: 33.38%Gross margin, FY2025: 30.43%Operating margin, FY2021: 6.64%Operating margin, FY2022: 0.76%Operating margin, FY2023: 0.59%Operating margin, FY2024: 3.33%Operating margin, FY2025: 1.37%Net margin, FY2021: 0.13%Net margin, FY2022: 4.81%Net margin, FY2023: 11.69%Net margin, FY2024: 3.68%Net margin, FY2025: 4.23%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 30.74%. Gross margin FY2022 30.88%. Gross margin FY2023 28.19%. Gross margin FY2024 33.38%. Gross margin FY2025 30.43%. Operating margin FY2021 6.64%. Operating margin FY2022 0.76%. Operating margin FY2023 0.59%. Operating margin FY2024 3.33%. Operating margin FY2025 1.37%. Net margin FY2021 0.13%. Net margin FY2022 4.81%. Net margin FY2023 11.69%. Net margin FY2024 3.68%. Net margin FY2025 4.23%.

Income trends

Revenue

348.98M USD+16.34%

Operating income

4.79M USD-52.14%

Net income

14.75M USD+33.73%
Income trends across reported periods383.85M USD244.35M USD104.84M USD−34.67M USDRevenue, FY2021: 166.12M USDRevenue, FY2022: 235.53M USDRevenue, FY2023: 256.11M USDRevenue, FY2024: 299.97M USDRevenue, FY2025: 348.98M USDOperating income, FY2021: 11.03M USDOperating income, FY2022: 1.78M USDOperating income, FY2023: 1.52M USDOperating income, FY2024: 10M USDOperating income, FY2025: 4.79M USDNet income, FY2021: 210K USDNet income, FY2022: 11.32M USDNet income, FY2023: 29.95M USDNet income, FY2024: 11.03M USDNet income, FY2025: 14.75M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 166.12M USD. Revenue FY2022 235.53M USD. Revenue FY2023 256.11M USD. Revenue FY2024 299.97M USD. Revenue FY2025 348.98M USD. Operating income FY2021 11.03M USD. Operating income FY2022 1.78M USD. Operating income FY2023 1.52M USD. Operating income FY2024 10M USD. Operating income FY2025 4.79M USD. Net income FY2021 210K USD. Net income FY2022 11.32M USD. Net income FY2023 29.95M USD. Net income FY2024 11.03M USD. Net income FY2025 14.75M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue348.98M USD299.97M USD256.11M USD235.53M USD166.12M USD
Cost of goods sold242.79M USD199.85M USD183.9M USD162.79M USD115.07M USD
Gross profit106.18M USD100.12M USD72.21M USD72.74M USD51.06M USD
Research and development——4.87M USD6.44M USD—
Selling, general, and administrative63.98M USD53.12M USD51.26M USD51.39M USD29.38M USD
Operating expenses101.39M USD90.12M USD70.69M USD70.96M USD40.03M USD
Interest income1.25M USD1.92M USD2.93M USD——
Interest expense27.52M USD21.53M USD10.66M USD6.64M USD7.47M USD
Depreciation and amortization23.24M USD18.56M USD14.69M USD13.79M USD10.65M USD
Operating income4.79M USD10M USD1.52M USD1.78M USD11.03M USD
Net income14.75M USD11.03M USD29.95M USD11.32M USD210K USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$8.50

300.94% upside
Past 12 months12-month forecastHigh $13.00Average $8.50Low $5.00

Rating distribution

8 ratings
Strong buy00%
Buy450%
Hold338%
Sell113%
Strong sell00%

OPAL news

gurufocus.com

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

Read source
businesswire.com

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

MANASSAS, Va.--(BUSINESS WIRE)--OPAL Fuels (Nasdaq: OPAL) a leading vertically integrated producer and distributor of renewable natural gas (RNG) welcomed Congressman Eugene Vindman (VA-07) to its RNG facility at the…

Read source
globenewswire.com

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

• Initiated Study to Assess the Potential Impact of the Combination of Icovamenib and Low-Dose Semaglutide on Physical Function, Body Weight, Body Composition, Muscle Health, and Metabolic Outcomes

Read source
seekingalpha.com

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

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

Read source
marketbeat.com

OPAL Fuels Q2 Earnings Call Highlights

OPAL Fuels NASDAQ: OPAL reported second-quarter 2026 adjusted EBITDA of $23.1 million, up 40% from the prior-year period, as production tax credits, fuel station services growth and lower general and administrative…

Read source
businesswire.com

OPAL Fuels Reports Second Quarter 2026 Results

WHITE PLAINS, N.Y.--(BUSINESS WIRE)--OPAL Fuels (“OPAL Fuels” or the “Company”) (Nasdaq: OPAL) today announced financial and operating results for the three and six months ended June 30, 2026. "Second quarter financial…

Read source

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ETFs holding OPAL

Funds reporting this stock among their holdings, ordered by reported position size.

Invesco WilderHill Clean Energy ETF logoInvesco WilderHill Clean Energy ETFPBW
Market value
8.71M
Weight
2.19%
AUM
405.18M USD
Expense ratio
0.64%
Price / 1D
$33.29+1.84%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.71M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
1.27M
Weight
0.00%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Inspire Small/Mid Cap ETF logoInspire Small/Mid Cap ETFISMD
Market value
692.72K
Weight
0.20%
AUM
349.35M USD
Expense ratio
0.53%
Price / 1D
$49.57+0.36%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
578.85K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
454.92K
Weight
0.00%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$387.37+1.24%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
285.52K
Weight
0.00%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
iShares Micro-Cap ETF logoiShares Micro-Cap ETFIWC
Market value
155.08K
Weight
0.01%
AUM
1.53B USD
Expense ratio
0.60%
Price / 1D
$198.39+1.10%

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