OPAL Fuels Inc. logo OPAL - OPAL Fuels Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 4
HOLD 3
SELL 1
STRONG
SELL 0
| PRICE TARGET: $8.50 DETAILS
HIGH: $13.00
LOW: $5.00
MEDIAN: $8.00
CONSENSUS: $8.50
UPSIDE: 277.78%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019
Revenue
Revenue 349.0 300.0 256.1 235.5 166.1 117.7 119.7
Cost of Revenue 242.8 199.9 183.9 162.8 115.1 90.2 91.0
Gross Profit 106.2 100.1 72.2 72.7 51.1 27.5 28.7
Operating Expenses
R&D Expenses 0 0 4.9 6.4 0 0 0
SG&A Expenses 64.0 53.1 51.3 51.4 29.4 20.5 17.8
Other Expenses 37.4 25.8 9.0 7.4 10.7 24.9 8.0
Operating Expenses 101.4 78.9 65.2 65.2 40.0 45.4 25.8
Operating Income
Operating Income 4.8 21.2 7.0 7.6 11.0 (17.8) 0.8
Interest Expense 27.5 21.5 10.7 6.9 6.8 4.8 6.2
Interest Income 1.2 1.9 2.9 3.3 1.3 0 0.0
Profitability
EBITDA 34.4 41.0 150.7 53.3 58.2 7.1 8.9
EBIT 11.2 22.8 136.1 39.5 47.6 (1.2) 1.0
Income Before Tax (16.3) 5.4 127.0 32.6 40.8 (25.4) (5.2)
Income Tax Expense (52.7) (8.9) 0 0 0 0 0
Net Income 14.8 11.0 29.9 11.3 0.2 (25.4) (5.2)
Per Share Data
EPS (Basic) 0.15 0.02 0.70 0.13 1.64 -1.01 -0.44
EPS (Diluted) 0.15 0.02 0.69 0.13 1.64 -1.01 -0.44
Shares Outstanding 28.1 27.6 27.1 25.8 25.2 25.2 25.2
Metric 2025 2024 2023 2022 2021 2020 2019
Current Assets
Cash & Cash Equivalents 24.4 24.3 38.3 40.4 39.3 12.8 10.9
Short-Term Investments 0 0 9.9 65.0 0 0 0
Net Receivables 73.3 64.0 58.5 57.4 36.3 27.5 26.3
Inventory 11.0 10.3 10.2 7.3 5.1 4.2 3.8
Other Current Assets 10.2 18.6 11.2 41.9 0.8 3.6 4.9
Total Current Assets 122.7 117.2 128.1 212.0 87.0 51.2 48.0
Non-Current Assets
Property, Plant & Equipment 495.6 471.0 346.9 309.1 169.8 79.5 76.9
Goodwill 54.6 54.6 54.6 54.6 54.6 3.5 3.5
Intangible Assets 0 1.3 6.5 2.2 2.9 3.4 4.5
Long-Term Investments 231.2 223.6 207.1 51.8 47.1 25.6 26.9
Other Non-Current Assets 55.3 13.4 11.4 15.3 19.5 6.3 6.0
Total Non-Current Assets 836.8 763.9 626.5 432.9 293.9 118.3 117.8
Total Assets 959.5 881.1 754.6 644.9 380.8 169.5 165.7
Current Liabilities
Account Payables 10.1 16.4 13.9 17.6 12.6 8.7 7.9
Short-Term Debt 15.8 12.6 1.6 79.5 95.0 12.2 25.7
Deferred Revenue 6.3 9.3 6.3 8.0 9.8 0 0
Other Current Liabilities (0.8) 2.1 1.9 7.0 2.2 6.6 5.9
Total Current Liabilities 104.2 103.6 74.3 152.9 142.1 42.9 52.2
Non-Current Liabilities
Long-Term Debt 337.1 285.0 196.5 88.3 134.1 91.6 89.1
Deferred Tax Liabilities 0 0 0 0 0 0 0
Other Non-Current Liabilities 7.9 15.3 14.4 14.6 9.7 4.5 4.6
Total Non-Current Liabilities 357.5 312.4 222.8 114.1 143.8 96.1 93.7
Total Liabilities 461.7 416.0 297.1 267.0 285.9 139.0 145.9
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 49.2 22.6
Retained Earnings (1.3) (137.0) (467.2) (800.8) 0 (25.4) (2.7)
Accumulated Other Comprehensive Income (0.0) 0.2 (0.0) 0.2 0 0 0
Total Stockholders' Equity (12.9) (148.4) (478.8) (800.6) 0.0 23.8 19.8
Total Liabilities & Equity 959.5 881.1 754.6 644.9 380.8 169.5 165.7
Debt Metrics
Total Debt 365.4 310.6 210.6 179.7 229.1 103.8 114.8
Net Debt 341.0 286.2 172.3 139.3 189.8 91.0 103.9
Metric 2025 2024 2023 2022 2021 2020 2019
Operating Activities
Net Income 36.4 14.3 29.9 32.6 40.8 (25.4) (5.2)
Depreciation & Amortization 22.5 18.1 15.2 13.8 10.1 8.2 7.9
Stock-Based Compensation 6.5 6.5 5.9 1.5 0.6 0.5 0.3
Change in Working Capital (14.4) (9.2) 7.5 (14.3) 0.8 1.2 (0.8)
Other Non-Cash Items 2 3.3 (20.3) (34.9) (15.5) (0.5) 2.3
Operating Cash Flow 36.5 33.0 38.3 (1.4) 18.9 2.3 4.3
Investing Activities
Capital Expenditure (70.7) (127.2) (113.8) (131.4) (89.6) (24.9) (5.5)
Acquisitions 0 0.8 (20.3) (0.6) (20.8) 0 (27.8)
Purchases of Investments 0 (22.3) 0 (65.0) (1.6) 0 0
Sales/Maturities of Investments 0 9.9 55.1 0 2.0 0 0
Other Investing Activities (6.6) 4.3 4.8 13.0 (7.2) 2.8 3.4
Investing Cash Flow (77.3) (134.6) (74.1) (184.0) (117.2) (22.2) (29.8)
Financing Activities
Net Debt Issuance 53.0 98.4 36.4 (33.1) 70.4 (1.1) (5)
Stock Repurchased 0 0 (16.4) 0 0 0 0
Dividends Paid (10.5) (13.1) (16.5) 0 (3.7) (0.9) (0.4)
Other Financing Activities (1.0) (2.0) 3.4 153.7 58.3 23.4 30.1
Financing Cash Flow 41.6 83.5 5.9 220.6 125.0 21.5 24.7
Cash Position
Net Change in Cash 0.7 (18.0) (30.0) 35.2 26.7 1.6 (0.9)
Cash at Beginning 27.6 47.2 77.2 42.1 15.4 13.8 14.7
Cash at End 28.3 29.2 47.2 77.2 42.1 15.4 13.8
Free Cash Flow (34.2) (94.2) (75.6) (132.8) (70.8) (22.7) (1.2)
Key Metrics 2025 2024 2023 2022 2021 2020 2019
Income Statement
Revenue 349.0 300.0 256.1 235.5 166.1 117.7 119.7
Gross Profit 106.2 100.1 72.2 72.7 51.1 27.5 28.7
Operating Income 4.8 21.2 7.0 7.6 11.0 (17.8) 0.8
Net Income 14.8 11.0 29.9 11.3 0.2 (25.4) (5.2)
EPS (Diluted) 0.15 0.02 0.69 0.13 1.64 -1.01 -0.44
Balance Sheet
Cash & Equivalents 24.4 24.3 38.3 40.4 39.3 12.8 10.9
Total Assets 959.5 881.1 754.6 644.9 380.8 169.5 165.7
Total Debt 365.4 310.6 210.6 179.7 229.1 103.8 114.8
Stockholders' Equity (12.9) (148.4) (478.8) (800.6) 0.0 23.8 19.8
Cash Flow
Operating Cash Flow 36.5 33.0 38.3 (1.4) 18.9 2.3 4.3
Capital Expenditure (70.7) (127.2) (113.8) (131.4) (89.6) (24.9) (5.5)
Free Cash Flow (34.2) (94.2) (75.6) (132.8) (70.8) (22.7) (1.2)