What is FuelCell Energy's price / book?

FuelCell Energy (FCEL) reported price / book of 1× in Q1 2026.

How has FuelCell Energy's price / book changed year-over-year?

FuelCell Energy's price / book increased by 616.5% year-over-year, from 0.1× to 1×.

What is the long-term trend for FuelCell Energy's price / book?

Over 5 years (2020 to 2025), FuelCell Energy's price / book has grown at a -35.0% compound annual growth rate (CAGR), from 3.8× to 0.4×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

FuelCell Energy FCEL Price / book

Price / book at other companies

Plug PowerPLUG

4.2×+3.5×

Bloom EnergyBE

41.3×+33.4×

ArganAGX

19.8×+14.2×

Chart IndustriesGTLS

3.1×+0.9×

Generac HoldingsGNRC

4.3×+1.2×

OkloOKLO

3.3×-7.9×

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$27.3M+8.7%

CapEx$1.7M-67.7%

Free cash flow-$29.0M+17.5%

Valuation

See full

Market cap$1.46B+973%

Enterprise value$1.11B+2,320%

P/S8.7×+7.6×

Profitability

See full

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

See full

Return on equity-33.5%+31.9pp

Debt / equity0×0.0×

Current ratio8.6×+3.0×

Where this comes from

Calculated from FuelCell Energy’s reported figures.

market cap/total stockholders equity=1×

Based on the most recent quarter.

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

Ask your AI about FuelCell Energy's price / book.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FuelCell Energy's price / book?: FuelCell Energy (FCEL) reported price / book of 1× in Q1 2026.
How has FuelCell Energy's price / book changed year-over-year?: FuelCell Energy's price / book increased by 616.5% year-over-year, from 0.1× to 1×.
What is the long-term trend for FuelCell Energy's price / book?: Over 5 years (2020 to 2025), FuelCell Energy's price / book has grown at a -35.0% compound annual growth rate (CAGR), from 3.8× to 0.4×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.