CLNE vs CVE vs GEVO Stock Comparison

Clean Energy Fuels, Cenovus Energy and Gevo Prices as of Oct 28, 2026 Peers: Industry group
CVE Cenovus Energy Inc.
$32.28 +3.7% 1M +91.5% 1Y
Market cap
$60.80B
P/E
16.2x
Revenue (TTM)
—
Div. yield
2.60%
Integrated Oil and Gas Energy
4 wins
GEVO Gevo, Inc.
$1.22 -9.0% 1M -47.6% 1Y
Market cap
$301.63M
P/E
–
Revenue (TTM)
$177.51M
Div. yield
–
Biofuels Energy
2 wins

Head to Head

8 decided of 12

Cenovus Energy leads on 4 of the 12 questions below (Cenovus Energy 4, Gevo 2, Clean Energy Fuels 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLNECVEGEVOLeader
Larger companyMarket capitalisation $315.11M $60.80B $301.63M CVE
Cheaper on earningsLower P/E, profitable companies only -3.3x 16.2x -1.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 7.6x — –
Faster revenue growthRevenue growth, trailing twelve months +5.2% — +121.4% GEVO
More profitableNet margin, trailing twelve months -21.3% — -119.9% CLNE
Better return on capitalReturn on invested capital -4.1% — — –
Less leveragedLower net debt / EBITDA 3.3x 0.7x -0.7x GEVO
Higher dividend yieldTrailing dividend yield — 2.60% — –
Better 1-year returnPrice return, last 12 months -51.2% +91.5% -47.6% CVE
Better 5-year returnAnnualised price return, 5 years -31.1%/yr +21.9%/yr -30.0%/yr CVE
Less volatileAnnualised volatility, 1 year 53.7% 36.1% 62.0% CVE
Higher overall scoreMean of the five percentile scores vs peers 70/100 55/100 33/100 CLNE

Percentile Scorecard

CLNECVEGEVO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLNECVEGEVO
Valuation 90 #2 of 11 46 #54 of 99 20 #9 of 11
Growth 60 #5 of 11 44 #55 of 97 40 #7 of 11
Profitability 50 #5 of 9 92 #9 of 96 13 #8 of 9
Financial Health 80 #3 of 11 58 #43 of 102 60 #5 of 11
Shareholder Returns – 33 #52 of 77 –
Overall 70 55 33
  • CLNE ranked among 11 companies in Renewable Fuels
  • CVE ranked among 103 companies in Oil and Gas Upstream
  • GEVO ranked among 11 companies in Renewable Fuels

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLNECVEGEVOSPY
1 month -10.1%+3.7%-9.0% +0.9%
3 months -24.3%+11.0%-15.9% +5.9%
6 months -37.6%+12.3%-35.8% +8.5%
Year to date -31.9%+90.8%-39.0% +13.3%
1 year -51.2%+91.5%-47.6% +12.4%
3 years -57.4%+66.8%+18.4% +88.1%
3 years, per year -24.8%+18.6%+5.8% +23.5%
5 years -84.5%+169.4%-83.1% +68.2%
5 years, per year -31.1%+21.9%-30.0% +11.0%
10 years -65.1%+115.8%-99.2% +263.4%
10 years, per year -10.0%+8.0%-38.6% +13.8%

Risk

MeasureCLNECVEGEVOSPY
Volatility, 1Y 53.7%36.1%62.0% 12.7%
Downside volatility, 1Y 59.0%35.5%66.0% 12.7%
Beta vs S&P 500, 1Y -0.13-0.340.87 1.00
Return / volatility, 1Y -0.952.53-0.77 0.98
Max drawdown, 5Y -86.2%-57.2%-93.5% -25.4%
From 52-week high -51.2%-3.5%-56.1% -0.9%
52-week high $2.93$33.46$2.78 $779.14
52-week low $1.35$15.85$1.11 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLNECVEGEVO
P/E now vs peer median -3.3xmedian 10.6x 16.2xmedian 12.4x -1.4xmedian 10.6x
P/S now vs peer median 0.7xmedian 1.2x 1.7xmedian 2.0x 1.7xmedian 1.2x
EV/EBITDA now vs peer median 15.1xmedian 14.1x 7.3xmedian 5.9x -2.6xmedian 14.1x
P/FCF now vs peer median 13.8xmedian 13.8x 10.3xmedian 10.0x -5.3xmedian 13.8x
P/B now vs peer median 0.6xmedian 1.2x 2.6xmedian 1.5x 1.1xmedian 1.2x
PEG now vs peer median 0.44median 0.19 -1.19median 0.92 0.05median 0.19

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLNECVEGEVO
Revenue $442.37M – $177.51M
Gross profit $121.76M – $84.04M
Operating income -$32.36M $4.67B -$182.47M
Net income -$94.76M $3.61B -$212.89M
Free cash flow $22.86M – -$56.65M
R&D – $31.67M $4.50M
EPS (diluted) $-0.43 $1.98 $-0.90
Cash & equivalents $59.15M $2.00B $58.15M
Total debt $229.02M $14.38B $167.24M
Shares (diluted) 220.26M 1.82B 237.05M
Enterprise value -$340.68M $52.52B $18.61M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLNECVEGEVO
P/E -3.3x 16.2x -1.4x
P/FCF 13.8x 10.3x -5.3x
P/Operating cash flow 6.8x – -18.6x
P/S 0.7x 1.7x 1.7x
P/B 0.6x 2.6x 1.1x
P/Tangible book 0.6x 2.6x 1.5x
EV/EBITDA 15.1x 7.3x -2.6x
EV/EBIT -12.5x 14.3x -2.3x
EV/Revenue 0.9x – 2.3x
EV/FCF 17.7x – -7.3x
EV/Operating cash flow 8.7x – -25.3x
PEG (3Y EPS CAGR) 0.44 -1.19 0.05

Growth

14 metrics
MetricCLNECVEGEVO
Revenue growth (1Y) 5.2% – 121.4%
Revenue CAGR (3Y) -1.4% – 168.7%
Gross profit growth (1Y) -0.3% – 197.3%
Gross profit CAGR (3Y) 7.0% – 178.2%
Operating income growth (1Y) 79.4% -10.8% -214.6%
Operating income CAGR (3Y) 22.0% -17.3% -18.2%
Net income growth (1Y) 53.6% 2.5% -268.3%
Net income CAGR (3Y) -7.2% -16.3% -28.1%
EPS growth (1Y) 53.7% 4.9% -244.5%
EPS CAGR (3Y) -7.7% -13.6% -28.2%
Operating cash flow growth (1Y) -54.5% – 71.2%
Operating cash flow CAGR (3Y) 19.2% – 28.8%
Free cash flow growth (1Y) -60.1% – 38.3%
Free cash flow CAGR (3Y) 36.4% – 22.7%

Profitability

14 metrics
MetricCLNECVEGEVO
Gross margin 27.5% – 47.3%
EBITDA margin 6.0% – -87.5%
Operating margin -7.3% – -102.8%
Pretax margin -21.4% – -112.5%
Net margin -21.3% – -119.9%
FCF margin 5.2% – -31.9%
Operating cash flow margin 10.5% – -9.2%
Return on equity -16.9% 16.6% -58.6%
Return on assets -9.2% 8.5% -36.9%
Return on invested capital -4.1% – –
Return on capital employed -3.6% 12.4% -34.1%
Asset turnover 0.4x – 0.3x
Cash conversion (OCF / net income) -0.5x – 0.1x
Stock comp / revenue 2.0% – 5.5%

Financial Health

11 metrics
MetricCLNECVEGEVO
Debt / assets 22.3% 17.4% 34.1%
Debt / equity 0.4x 0.3x 0.6x
Net debt / EBITDA 3.3x 0.7x -0.7x
Debt / FCF 10.0x – -3.0x
Liabilities / assets 45.5% 50.1% 44.3%
Equity / assets 54.5% 49.9% 55.7%
Interest coverage -0.7x – -8.8x
Current ratio 2.5x 1.6x 2.7x
Quick ratio 1.9x 1.0x 1.9x
Cash ratio 1.1x 0.4x 1.5x
Altman Z-score -0.76 – -2.82

Shareholder Returns

7 metrics
MetricCLNECVEGEVO
Dividend yield – 2.6% –
Net buyback yield 0.0% – -0.3%
Shareholder yield 0.0% 2.6% -0.3%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLNECVEGEVO
Forward P/E – 7.6xFY2026 –
EPS, next fiscal year $-0.02FY2026 $4.23FY2026 $-0.04FY2026
EPS growth, next FY -300.0%FY2026 +169.4%FY2026 –
EPS growth, the year after – -9.5% –
Revenue, next fiscal year $453.71MFY2026 $42.97BFY2026 $200.58MFY2026
Revenue growth, next FY +6.8%FY2026 +0.6%FY2026 +24.9%FY2026
Revenue growth, the year after +2.2% +2.6% -2.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLNECVEGEVO
Held by institutions 49.3% 48.8% –
Institutions holding 193 490 –
Change in shares held, QoQ +1.9% -5.2% –
Institutions buying 86 264 –
Institutions selling 59 162 –
Buyers to sellers 1.46 1.63 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLNECVEGEVO
CLNE 1.00 0.23 0.30
CVE 0.23 1.00 0.14
GEVO 0.30 0.14 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLNE, CVE and GEVO?

Cenovus Energy (CVE) is the largest by market capitalisation: Clean Energy Fuels (CLNE) $315.11M, Cenovus Energy (CVE) $60.80B, Gevo (GEVO) $301.63M.

Which company is growing faster?

Gevo (GEVO) grew revenue fastest over the trailing twelve months: Clean Energy Fuels (CLNE) +5.2%, Gevo (GEVO) +121.4%.

Which company is more profitable?

Clean Energy Fuels (CLNE) has the highest net margin (Clean Energy Fuels (CLNE) -21.3%, Gevo (GEVO) -119.9%).

Which stock has performed better?

Over the past year Cenovus Energy (CVE) returned the most: Clean Energy Fuels (CLNE) -51.2%, Cenovus Energy (CVE) +91.5%, Gevo (GEVO) -47.6%. Over five years, Cenovus Energy (CVE) compounded fastest (Clean Energy Fuels (CLNE) -31.1%/yr, Cenovus Energy (CVE) +21.9%/yr, Gevo (GEVO) -30.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Cenovus Energy (CVE) 2.60%. Clean Energy Fuels (CLNE) and Gevo (GEVO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cenovus Energy (CVE) has been the steadiest (Clean Energy Fuels (CLNE) 53.7%, Cenovus Energy (CVE) 36.1%, Gevo (GEVO) 62.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLNE, CVE and GEVO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cenovus Energy (CVE) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.