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FuelCell Energy FCEL Interest coverage

Interest coverage at other companies

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Plug PowerPLUG
-19.7×-6.8×
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Bloom EnergyBE
3.4×+2.6×
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0.9×-1.3×
GE Vernova logo
GE VernovaGEV
26.7×+20.3×
MTZ
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4.4×+1.8×
Fluence Energy, Inc. logo
Fluence Energy, Inc.FLNC
-39.1×

Other financials

Income statement

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Revenue$35.6M-4.9%
Gross profit-$12.9M-37.0%
Operating income-$77.9M-118%
Net income-$77.9M-105%
EPS (diluted)-$1.45+19.0%

Balance sheet

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Cash & equivalents$373.2M+222%
Total debt$30.2M+14.7%
Total equity$719.4M+18.1%
Total assets$1.0B+13.5%

Cash flow

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Operating cash flow-$27.3M+8.7%
CapEx$1.7M-67.7%
Free cash flow-$29.0M+17.5%

Valuation

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Market cap$1.46B+973%
Enterprise value$1.11B+2,320%
P/S8.7×+7.6×

Profitability

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Gross margin-18.2%-3.7pp
Operating margin-135.7%+39.6pp
Net margin-132.4%+37.4pp
FCF margin-71.3%-22.3pp

Returns & leverage

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Return on equity-33.5%+31.9pp
Debt / equity0.0×
Current ratio8.6×+3.0×

Where this comes from

Calculated from FuelCell Energy’s reported figures.

Based on trailing twelve months.

The official record: FuelCell Energy’s 10-Q, filed June 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FuelCell Energy's interest coverage?
FuelCell Energy (FCEL) reported interest coverage of -21× in Q1 2026.
How has FuelCell Energy's interest coverage changed year-over-year?
FuelCell Energy's interest coverage decreased by 50.1% year-over-year, from -14× to -21×.
What is the long-term trend for FuelCell Energy's interest coverage?
Over 5 years (2020 to 2025), FuelCell Energy's interest coverage has grown at a 48.6% compound annual growth rate (CAGR), from -2.6× to -18.5×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.