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OPAL Fuels Inc. OPAL Net debt / EBITDA

Net debt / EBITDA at other companies

Clean Energy Fuels logo
Clean Energy FuelsCLNE
24.5×
Ameresco logo
AmerescoAMRC
7.6×-1.1×
MNT
Montauk RenewablesMNTK
4.1×
Gevo logo
GevoGEVO
-3.3×
Andersons Inc. logo
Andersons Inc.ANDE
+2.1×
Icahn Enterprises logo
Icahn EnterprisesIEP

Other financials

Income statement

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Revenue$73.4M-14.1%
Operating income-$4.8M-149%
Net income-$5.6M-536%
EPS (diluted)-$0.09-800%

Balance sheet

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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

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Operating cash flow$12.9M-56.5%
CapEx$24.4M+111%
Free cash flow-$11.5M-163%

Valuation

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Market cap$66.79M-15.3%
Enterprise value$405.35M+10.5%
P/E2.3×
P/S0.2×0.0×

Profitability

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Operating margin1.3%-3.7pp
Net margin8.8%
FCF margin-18.9%-1.1pp

Returns & leverage

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Return on equity90.4%
Debt / equity57.9×+52.6×
Current ratio2.2×+1.1×

Where this comes from

Calculated from OPAL Fuels Inc.’s reported figures.

Based on the most recent quarter.

The official record: OPAL Fuels Inc.’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is OPAL Fuels Inc.'s net debt / EBITDA?
OPAL Fuels Inc. (OPAL) reported net debt / EBITDA of 12.7× in Q1 2026.
How has OPAL Fuels Inc.'s net debt / EBITDA changed year-over-year?
OPAL Fuels Inc.'s net debt / EBITDA increased by 81.0% year-over-year, from 7× to 12.7×.
What is the long-term trend for OPAL Fuels Inc.'s net debt / EBITDA?
Over 3 years (2022 to 2025), OPAL Fuels Inc.'s net debt / EBITDA has grown at a 41.6% compound annual growth rate (CAGR), from 0.1× to -0.4×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.