FCEL FuelCell Energy, Inc.
Stable Earnings Power
F 29.5 / 100 pillar composite

AlphaQuality composite grade, weighted for stable earnings power businesses.

⚠ 5 of the last 5 fiscal years showed negative net income — AlphaQuality will not grade above F for persistent unprofitability in a stable earnings power business.

Grade overrides the 29.5 pillar composite — hard gates always win.

Profitability

Weight: 20%
F 20
  • 5yr Avg ROIC -12.2%
  • Operating Margin Trend +0.43 pp/yr

Capital Efficiency

Weight: 15%
D 35
  • 5yr Avg ROE -18.3%
  • 5yr Share-Count CAGR -35.0%

Growth Quality

Weight: 15%
B+ 78
  • 5yr Revenue CAGR 17.4%
  • Revenue-Growth Years (5) 2/5

Cash Generation

Weight: 15%
F 0
  • 5yr FCF Margin -159.9%
  • 5yr FCF/NI Conversion 0.00x

Balance Sheet

Weight: 20%
F 2
  • Net Debt / EBITDA 10.00x
  • Interest Coverage (EBIT/Int) -17.43x
  • Altman Z-Score 0.42

Stability

Weight: 15%
C 54
  • Negative-Revenue Years (5) 3/5
  • Piotroski F-Score 6

Guru Flow

Curated superinvestor sentiment — not part of the AlphaQuality grade.
Holding

2 of 2 gurus held; 1 new buy; 1 added.

Holders
2 +1
Avg Δ position
+112.3%
New buys
1
Full exits
0
As of Q2 2026