Skip to content
MARKETS / NASDAQ / MNTK
NASDAQ · GAS & OTHER SERVICES COMBINED

Montauk Renewables, Inc. MNTK

7 fiscal years on record · USD · FY2025 reported · SEC filings only
$176.4M
▲ 0.4% YoY
$1.7M
▼ 82.0% YoY
$-86.2M
In brief

What this company does

Montauk Renewables, Inc. develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. It has established a currently operating portfolio of eleven RNG and two Renewable Electricity projects and development projects, built through self-development, partnerships, and acquisitions, that span seven states. The revenues Montauk receives from selling renewable energy consist of two main components: the commodity value of the natural gas or electricity generated, and revenues from the Environmental Attributes derived from the production of RNG and Renewable Electricity. It sells the RNG produced from its projects to counterparties under a variety of short-term and medium-term agreements, with tenures generally varying from three to five years. The Renewable Electricity produced at its biogas-to-electricity projects is sold under long-term contracts with terms ranging up to 18 years, excluding renewal periods, and a weighted average remaining tenure of 16 years based on 2025 electricity production. In January 2021, the company closed the initial public offering of its common stock on the Nasdaq Capital Market, with the shares traded under the symbol "MNTK," and its common stock is also secondarily listed on the Johannesburg Stock Exchange under the trading symbol "MKR."

Written from the business description in Montauk Renewables, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 11 March 2026. Every sentence was checked against that document before publication.

Growth
USD 176.4M
Revenue, FY2025 · full 7-year series below
Revenue $M Net income $M
FY2025 · Revenue 176.4 · Net income 1.7
80M160M2019202020212022202320242025
Compound annual growth
−6.2%
+12.0%
−63.2%
−17.6%
−65.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +12.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 0.5% · Net 1.0%
10%20%-1%-2%-3%2019202020212022202320242025
ROE
FY2025 · ROE 0.7%
5%10%15%-1%-2%2019202020212022202320242025

Each USD of equity produced 1 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -86.2
20M40M-40M-80M2019202020212022202320242025
Net buybacks $ Dividends $
FY2019 · Dividends — · Net buybacks 74000.0
25000.050000.02019

Total assetsUSD 435.5M
EquityUSD 263.1M
CashUSD 23.8M
Gross debtUSD 128.7M
Net debtUSD 105.0M
Current ratio1.11×

Net debt stands at 40% of equity.

The 7-year record
7 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019
Revenue $B0.20.20.20.20.10.10.1
Operating income $B0.00.00.00.00.00.00.0
EBITDA $B0.00.00.00.10.00.00.0
Income tax $B−0.00.00.00.00.0−0.0−0.0
Net income $B0.00.00.00.0−0.00.00.0
Free cash flow $B−0.1−0.0−0.00.10.00.0−0.0
EPS, diluted $0.010.070.110.25−0.03··
Dividend / sh $·······
Payout %·······
ROE %0.73.86.317.2−2.62.93.8
Shares out B0.140.140.140.140.140.14·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 24 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityGas & Other Services Combined
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2019

Share this section

Download image