Opal Fuels (OPAL) | Financial Analysis & Statements

Opal Fuels Inc. | Small-cap | Utilities

$2.54

-4.87%

Opal Fuels vs Atmos Energy Opal Fuels vs NiSource Opal Fuels vs Centuri Holdings Opal Fuels vs Northwest Natural Opal Fuels vs New Fortress Energy Opal Fuels vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 300.0M

Gross Profit 100.1M 33.38%

Operating Income 29.1M 9.70%

Net Income 14.3M 4.78%

EPS (Diluted) $0.02

Balance Sheet Metrics

Total Assets 881.1M

Total Liabilities 416.0M

Shareholders Equity 465.0M

Debt to Equity 0.89

Cash Flow Metrics

Operating Cash Flow 34.3M

Free Cash Flow -94.2M

Revenue & Profitability Trend

Opal Fuels Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	300.0M	256.1M	235.5M	166.1M	117.7M
Cost of Goods Sold	199.9M	183.9M	162.8M	115.1M	90.2M
Gross Profit	100.1M	72.2M	72.7M	51.1M	27.5M
Operating Expenses	53.1M	61.0M	64.3M	29.4M	20.5M
Operating Income	29.1M	6.4M	8.2M	11.0M	-1.3M
Pre-tax Income	5.4M	127.0M	32.6M	40.8M	-25.4M
Income Tax	-8.9M	0	0	0	-
Net Income	14.3M	127.0M	32.6M	40.8M	-25.4M
EPS (Diluted)	$0.02	$0.69	$0.12	$1.64	-$1.01

Income Statement Trend

Opal Fuels Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	117.2M	128.1M	212.0M	87.0M	51.2M
Non-Current Assets	763.9M	626.5M	432.9M	293.9M	118.3M
Total Assets	881.1M	754.6M	644.9M	380.8M	169.5M
Liabilities
Current Liabilities	103.6M	76.4M	152.9M	142.1M	42.9M
Non-Current Liabilities	312.4M	220.7M	114.1M	143.8M	96.1M
Total Liabilities	416.0M	297.1M	267.0M	285.9M	139.0M
Equity
Total Shareholders Equity	465.0M	457.5M	377.8M	95.0M	30.5M

Balance Sheet Composition

Opal Fuels Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	14.3M	127.0M	32.6M	40.8M	-25.4M
Operating Cash Flow	34.3M	144.9M	-4.9M	33.0M	-14.5M
Investing Activities
Capital Expenditures	-126.4M	-113.8M	-131.4M	-89.6M	-24.8M
Investing Cash Flow	-138.9M	-79.0M	-186.1M	-119.3M	-23.0M
Financing Activities
Dividends Paid	-13.1M	-16.5M	0	-3.7M	-852.0K
Financing Cash Flow	83.5M	-47.0M	161.9M	104.9M	21.0M
Free Cash Flow	-94.2M	-75.6M	-132.8M	-70.8M	-22.7M

Cash Flow Trend

Opal Fuels Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 140.00

Forward P/E 3.64

Price to Book 1.42

Price to Sales 1.71

PEG Ratio 3.64

Profitability Ratios

Profit Margin 3.47%

Operating Margin -1.43%

Return on Equity 3.25%

Return on Assets 0.72%

Financial Health

Current Ratio 1.15

Debt to Equity 67.10

Beta 1.22

Per Share Data

EPS (TTM) $0.02

Book Value per Share $1.97

Revenue per Share $11.57

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
opal	547.9M	140.00	1.42	3.25%	3.47%	67.10
Atmos Energy	24.2B	21.28	1.84	9.19%	25.35%	64.75
NiSource	19.1B	21.90	2.14	9.36%	14.67%	136.36
Centuri Holdings	1.8B	2,043.00	3.37	0.13%	0.01%	183.65
Northwest Natural	1.7B	16.34	1.14	7.36%	8.48%	164.19
New Fortress Energy	559.3M	9.93	0.32	-26.07%	-24.56%	503.59

Financial data is updated regularly. All figures are in the company's reporting currency.