OPAL Fuels Inc.
OPALNasdaq
$2.53
↑ +1.2%Jul 17 close · end-of-day
Price
1Y↑ +4.1%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$71.6M
Enterprise Value
$394.9M
P/E
36.1
P/S
0.2
P/B
8.7
EV/EBITDA
14.8
PEG
4.7
FCF Yield
-89.1%
Dividend Yield
—
Revenue (TTM)
$336.9M
Net Income (TTM)
—
Free Cash Flow (TTM)
-$63.8M
Gross Margin
—
Operating Margin
1.3%
Net Margin
—
ROE
—
ROIC
1.1%
Debt / Equity
55.6
Net Cash
-$323.4M
Return 1Y
+1.2%
Company profile
OPAL Fuels Inc. engages in the production and distribution of renewable natural gas for the heavy-duty truck market. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it is involved in the design, development, and construction services for hydrogen fueling stations. The company is based in White Plains, New York.
- CEO
- Adam J. Comora; Jonathan Maurer
- Sector
- Transportation, Communications, Electric, Gas, And Sanitary Services
- Industry
- Utilities
- Employees
- 270
- Headquarters
- Massachusetts
- Website
- opalfuels.com
Management & directors
- Birck DarrellExecutive Vice President
- Coghlin JohnGeneral Counsel
- Comora AdamCo-Chief Executive Officer
- Hasan KaziChief Financial Officer
- Maurer Jonathan GilbertCo-Chief Executive Officer
- Unger David CExecutive Vice President
Roles derived from SEC Form 4 filings.
Earnings
OPAL Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$73.4M↓ -14.1%
Diluted EPS-$0.09↑ +800.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $166.1M | $235.5M | $256.1M | $300.0M | $349.0M |
| Gross profit | — | — | — | — | — |
| Operating income | $11.0M | $7.6M | $7.0M | $21.2M | $7.4M |
| Net income | -$16.2M | — | — | — | — |
| Diluted EPS | $0.00 | $0.12 | $0.69 | $0.02 | $0.15 |
| Operating cash flow | $18.9M | -$1.4M | $38.3M | $31.4M | $36.5M |
| Free cash flow | -$70.8M | -$132.8M | -$75.6M | -$95.9M | -$34.2M |
| Gross margin | — | — | — | — | — |
| Operating margin | 6.6% | 3.2% | 2.7% | 7.1% | 2.1% |
| Net margin | -9.7% | — | — | — | — |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $71.0M | $84.0M | $80.0M | $85.4M | $80.5M | $83.4M | $99.8M | $73.4M |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $5.7M | $12.3M | -$346,000.00 | -$1.9M | -$827,000.00 | $3.6M | $6.6M | -$4.8M |
| Net income | — | — | — | — | — | — | — | — |
| Diluted EPS | -$0.01 | $0.09 | -$0.05 | -$0.01 | $0.03 | $0.05 | $0.08 | -$0.09 |
| Operating cash flow | $533,000.00 | $17.7M | -$532,000.00 | $29.7M | -$7.9M | $18.2M | -$3.5M | $12.9M |
| Free cash flow | -$22.5M | -$5.4M | -$55.0M | $18.1M | -$29.7M | -$9.3M | -$13.4M | -$11.5M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 8.0% | 14.6% | -0.4% | -2.3% | -1.0% | 4.3% | 6.6% | -6.6% |
| Net margin | — | — | — | — | — | — | — | — |
Company news
Jun 12, 2026
Jun 3, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-11 | Sutton Scott McDougald | Buy | 50,000 | $1.95 | $97,500.00 | filing |
| 2026-06-03 | Nisar Nadeem | Buy | 5,000 | $2.25 | $11,250.00 | filing |
| 2026-06-02 | Nisar Nadeem | Buy | 10,000 | $2.32 | $23,200.00 | filing |
| 2026-05-21 | Dols Scott V. | Buy | 7,946 | $2.00 | $15,892.00 | filing |
| 2026-05-20 | Dols Scott V. | Buy | 4,346 | $2.06 | $8,952.76 | filing |
| 2026-05-19 | Dols Scott V. | Buy | 25,105 | $2.05 | $51,465.25 | filing |
| 2026-05-18 | Dols Scott V. | Buy | 12,603 | $2.02 | $25,458.06 | filing |
| 2026-05-18 | Nisar Nadeem | Buy | 5,000 | $2.02 | $10,100.00 | filing |
| 2026-05-15 | Nisar Nadeem | Buy | 10,000 | $1.94 | $19,400.00 | filing |
| 2026-05-14 | Nisar Nadeem | Buy | 10,000 | $2.05 | $20,500.00 | filing |
| 2026-03-31 | Maurer Jonathan Gilbert· Co-Chief Executive Officer | Tax withholding | 58,813 | $2.52 | $148,208.76 | filing |
| 2026-03-31 | Comora Adam· Co-Chief Executive Officer | Tax withholding | 58,813 | $2.52 | $148,208.76 | filing |
| 2026-03-31 | Hasan Kazi· Chief Financial Officer | Tax withholding | 52,931 | $2.52 | $133,386.12 | filing |
| 2026-03-31 | Unger David C· Executive Vice President | Tax withholding | 29,093 | $2.52 | $73,314.36 | filing |
| 2026-03-31 | Hasan Kazi· Chief Financial Officer | Tax withholding | 26,466 | $2.52 | $66,694.32 | filing |
| 2026-03-31 | Maurer Jonathan Gilbert· Co-Chief Executive Officer | Tax withholding | 24,227 | $2.52 | $61,052.04 | filing |
| 2026-03-31 | Comora Adam· Co-Chief Executive Officer | Tax withholding | 24,227 | $2.52 | $61,052.04 | filing |
| 2026-03-31 | Coghlin John· General Counsel | Tax withholding | 23,525 | $2.52 | $59,283.00 | filing |
| 2026-03-31 | Unger David C· Executive Vice President | Tax withholding | 20,584 | $2.52 | $51,871.68 | filing |
| 2026-03-31 | Maurer Jonathan Gilbert· Co-Chief Executive Officer | Tax withholding | 12,930 | $2.52 | $32,583.60 | filing |
| 2026-03-31 | Comora Adam· Co-Chief Executive Officer | Tax withholding | 12,930 | $2.52 | $32,583.60 | filing |
| 2026-03-31 | Birck Darrell· Executive Vice President | Tax withholding | 8,938 | $2.52 | $22,523.76 | filing |
| 2026-03-31 | Coghlin John· General Counsel | Tax withholding | 8,479 | $2.52 | $21,367.08 | filing |
| 2026-03-31 | Unger David C· Executive Vice President | Tax withholding | 8,479 | $2.52 | $21,367.08 | filing |
| 2026-03-31 | Maurer Jonathan Gilbert· Co-Chief Executive Officer | Tax withholding | 8,379 | $2.52 | $21,115.08 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.