What is OPAL Fuels Inc.'s market cap?

OPAL Fuels Inc. (OPAL) has a market capitalization of $68.3M and trades on NASDAQ.

What is OPAL Fuels Inc.'s revenue and profitability?

OPAL Fuels Inc. generated $336.9M in trailing twelve-month revenue with net income of $29.5M, representing a net margin of 8.8%, with free cash flow of -$63.8M. These figures are based on the Q1 2026 filing.

Who are OPAL Fuels Inc.'s competitors?

OPAL Fuels Inc.'s key competitors include Montauk Renewables, Inc., Clean Energy Fuels Corp., Ameresco, Inc., and others. These companies compete in similar markets and product categories.

Who does OPAL Fuels Inc. partner with?

OPAL Fuels Inc.'s notable partners include Fortistar LLC, Paloma Dairy LLC, Live Oak Banking Company.

What subsidiaries does OPAL Fuels Inc. have?

OPAL Fuels Inc.'s subsidiaries include OPAL Fuels Intermediate Holding Company LLC, CMS RNG LLC, Sunoma Holdings LLC, and others.

Where is OPAL Fuels Inc. headquartered?

OPAL Fuels Inc. is headquartered in United States of America and employs approximately 326 people. It has been publicly traded since 2022.

OPAL Fuels Inc.

OPAL

OPAL Fuels is a vertically integrated renewable energy company specializing in the capture and conversion of biogas into renewable natural gas (RNG) and renewable power.

Market cap

$68.3M-0.1%

Revenue$336.9M+5.1%

Net income$29.5M+40.8%

Free cash flow-$63.8M+1.4%

EPS (diluted)$0.07+16.7%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 11, 2026

Revenue$73.4MMiss by $20.5M EPS-$0.09Miss by $0.16

Read the full report

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$90.7M

EPS estimate-$0.02

Financials

Q1 2026

Income statement

See full

Revenue$73.4M-14.1%

Operating income-$4.8M-149%

Net income-$5.6M-536%

EPS (diluted)-$0.09-800%

Balance sheet

See full

Cash & equivalents$137.0M+205%

Total debt$475.5M+59.2%

Total equity$8.2M-85.6%

Total assets$1.1B+19.9%

Cash flow

See full

Operating cash flow$12.9M-56.5%

CapEx$24.4M+111%

Free cash flow-$11.5M-163%

Valuation & ratios

Valuation

See full

Market cap$68.3M-0.1%

Enterprise value$406.87M+12.7%

P/E2.3×—

P/S0.2×0.0×

Profitability

See full

Operating margin1.3%-3.7pp

Net margin8.8%—

FCF margin-18.9%-1.1pp

Returns & leverage

See full

Return on equity90.4%—

Debt / equity57.9×+52.6×

Current ratio2.2×+1.1×

Segments

By product

See full

Lease revenues$3.5M—

OPAL owned stations$1.0M—

Electricity sales$536.0K—

Third party station service and maintenance-$270.0K—

Capacity-$366.0K—

By segment

See full

Renewable Power Segment$41.0K-99.4%

RNG fuel-$6.0M-121%

Fuel Station Services-$6.1M-111%

Competitors

By market cap

Icahn Enterprises$5.2B+2.6%

Ameresco$1.1B+18.5%

Clean Energy Fuels$431.6M-9.6%

Gevo$380.9M+8.2%

MNT

Montauk Renewables$270.4M-17.4%

AMT

Aemetis, Inc.$109.4M-39.4%

OPA

OPAL Fuels Inc.$68.3M-5.7%

Verde Clean Fuels, Inc.$25.6M-61.3%

By revenue growth

Gevo+315%

Icahn Enterprises+6.2%

Clean Energy Fuels+5.5%

OPA

OPAL Fuels Inc.+5.1%

MNT

Montauk Renewables+0.4%

Ameresco-1.0%

AMT

Aemetis, Inc.-12.0%

By net margin

OPA

OPAL Fuels Inc.8.77%+2.2pp

Ameresco3.34%-2.8pp

MNT

Montauk Renewables1.23%-8.6pp

Icahn Enterprises-3.37%+5.4pp

Gevo-19.38%+174pp

Clean Energy Fuels-22.68%+25.3pp

AMT

Aemetis, Inc.-35.43%+1.5pp

Profile

OPAL Fuels is a vertically integrated renewable energy company specializing in the capture and conversion of biogas into renewable natural gas (RNG) and renewable power. The company manages the entire value chain from biogas collection at landfills and dairy farms to the marketing and distribution of low-carbon fuel to heavy-duty trucking and industrial sectors. Its core value proposition lies in providing cost-competitive, sustainable alternatives to fossil fuels while monetizing environmental attributes through federal and state regulatory programs.

Competitive position

A leading vertically integrated RNG producer and dispenser with a 20-year track record and one of the largest portfolios of landfill-gas-to-RNG projects in the U.S.

GeographiesUnited States, Canada

Customer segmentsTransportation and Logistics, Utilities, Industrial, Government

Business modelVertically integrated producer, Environmental credit monetization, EPC services, Operations and Maintenance

SuppliersLandfill owners, Dairy farm operators, EPC contractors, Biogas purification technology providers, Natural gas pipeline infrastructure

CustomersHeavy-duty trucking fleets, Utility companies, Fuel refiners and importers (obligated parties), Industrial energy users

CountryUnited States of America

Listed2022

Employees326.0

CEOAdam J. Comora

SectorUtilities

IndustryRegulated Gas

Websiteopalfuels.com

FilingsSEC EDGAR

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Questions, answered.

What is OPAL Fuels Inc.'s market cap?: OPAL Fuels Inc. (OPAL) has a market capitalization of $68.3M and trades on NASDAQ.
What is OPAL Fuels Inc.'s revenue and profitability?: OPAL Fuels Inc. generated $336.9M in trailing twelve-month revenue with net income of $29.5M, representing a net margin of 8.8%, with free cash flow of -$63.8M. These figures are based on the Q1 2026 filing.
Who are OPAL Fuels Inc.'s competitors?: OPAL Fuels Inc.'s key competitors include Montauk Renewables, Inc., Clean Energy Fuels Corp., Ameresco, Inc., and others. These companies compete in similar markets and product categories.
Who does OPAL Fuels Inc. partner with?: OPAL Fuels Inc.'s notable partners include Fortistar LLC, Paloma Dairy LLC, Live Oak Banking Company.
What subsidiaries does OPAL Fuels Inc. have?: OPAL Fuels Inc.'s subsidiaries include OPAL Fuels Intermediate Holding Company LLC, CMS RNG LLC, Sunoma Holdings LLC, and others.
Where is OPAL Fuels Inc. headquartered?: OPAL Fuels Inc. is headquartered in United States of America and employs approximately 326 people. It has been publicly traded since 2022.