CLNE vs OPAL
Clean Energy Fuels Corp. and Opal Fuels Inc., side by side — 5 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CLNE | OPAL |
|---|---|---|
| Revenue | $424.8M | $349.0M |
| Net income | $-222.0M | $36.4M |
| Gross margin | · | · |
| Net margin | −52.4% | 10.4% |
| Return on equity | −34.9% | · |
| Diluted EPS | −$1.01 | $0.15 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $59.9M | $-34.2M |
| Equity | $559.4M | $-12.9M |
| Net debt / equity | 0.13× | · |
| Current ratio | 2.32× | 1.18× |
| Revenue CAGR 5y | 7.8% | · |
| Profit CAGR 5y | · | · |
CLNE bills 1.2× the revenue of OPAL, and CLNE closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
5 years side by side
| Fiscal year | CLNE | OPAL |
|---|---|---|
| FY2025 | $424.8M | $349.0M |
| FY2024 | $415.9M | $300.0M |
| FY2023 | $425.2M | $256.1M |
| FY2022 | $420.2M | $235.5M |
| FY2021 | $255.6M | $166.1M |
Bottom line
| Fiscal year | CLNE | OPAL |
|---|---|---|
| FY2025 | $-222.0M | $36.4M |
| FY2024 | $-83.1M | $14.3M |
| FY2023 | $-99.5M | $127.0M |
| FY2022 | $-58.7M | $32.6M |
| FY2021 | $-93.1M | $40.8M |
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$75,858,000 | CLNE |
| FY2024 | +$115,893,000 | CLNE |
| FY2023 | +$169,051,000 | CLNE |
| FY2022 | +$184,633,000 | CLNE |
| FY2021 | +$89,522,000 | CLNE |
CLNE has reported the higher revenue in every one of these 5 fiscal years. The gap has narrowed since the earliest year compared.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
5 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −62.8 pp | OPAL |
| FY2024 | −24.9 pp | OPAL |
| FY2023 | −73.1 pp | OPAL |
| FY2022 | −28.0 pp | OPAL |
| FY2021 | −61.4 pp | OPAL |
OPAL has kept the higher net margin in every one of these 5 fiscal years.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
OPAL's net margin has been more volatile than CLNE's over the 5 comparable fiscal years — 15.8 percentage points of standard deviation against 13.7.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
OPAL led in net margin in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.