CLNE vs VLO vs GEVO Stock Comparison

Clean Energy Fuels, Valero Energy and Gevo Prices as of Oct 23, 2026 Peers: Industry group
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VLO Valero Energy Corp/Tx
$419.16 +11.5% 1M +142.1% 1Y
Market cap
$125.25B
P/E
17.4x
Revenue (TTM)
$139.40B
Div. yield
0.01%
Oil Refining Energy
6 wins
GEVO Gevo, Inc.
$1.16 -20.0% 1M -51.9% 1Y
Market cap
$271.43M
P/E
–
Revenue (TTM)
$177.51M
Div. yield
–
Biofuels Energy
2 wins

Head to Head

9 decided of 12

Valero Energy leads on 6 of the 12 questions below (Valero Energy 6, Gevo 2, Clean Energy Fuels 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLNEVLOGEVOLeader
Larger companyMarket capitalisation $318.27M $125.25B $271.43M VLO
Cheaper on earningsLower P/E, profitable companies only -3.4x 17.4x -1.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 8.4x — –
Faster revenue growthRevenue growth, trailing twelve months +5.2% +12.6% +121.4% GEVO
More profitableNet margin, trailing twelve months -21.3% 5.2% -119.9% VLO
Better return on capitalReturn on invested capital -4.1% 19.8% — VLO
Less leveragedLower net debt / EBITDA 3.3x 0.3x -0.7x GEVO
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% –
Better 1-year returnPrice return, last 12 months -49.0% +142.1% -51.9% VLO
Better 5-year returnAnnualised price return, 5 years -30.0%/yr +39.0%/yr -29.2%/yr VLO
Less volatileAnnualised volatility, 1 year 54.2% 37.6% 61.9% VLO
Higher overall scoreMean of the five percentile scores vs peers 65/100 62/100 31/100 CLNE

Percentile Scorecard

CLNEVLOGEVO

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

AxisCLNEVLOGEVO
Valuation 90 #2 of 11 18 #19 of 23 20 #9 of 11
Growth 60 #5 of 11 67 #7 of 19 40 #7 of 11
Profitability 50 #5 of 9 78 #5 of 19 13 #8 of 9
Financial Health 60 #5 of 11 88 #4 of 25 50 #6 of 11
Shareholder Returns – 59 #8 of 18 –
Overall 65 62 31
  • CLNE ranked among 11 companies in Renewable Fuels
  • VLO ranked among 25 companies in Refining and Marketing
  • 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

PeriodCLNEVLOGEVOSPY
1 month -9.9%+11.5%-20.0% -1.0%
3 months -28.1%+38.6%-28.4% +2.9%
6 months -36.0%+77.7%-35.6% +6.4%
Year to date -30.5%+157.5%-42.0% +11.4%
1 year -49.0%+142.1%-51.9% +13.1%
3 years -60.8%+225.4%+13.7% +79.4%
3 years, per year -26.8%+48.2%+4.4% +21.5%
5 years -83.1%+417.5%-82.2% +67.7%
5 years, per year -30.0%+39.0%-29.2% +10.9%
10 years -66.4%+651.7%-99.3% +255.2%
10 years, per year -10.3%+22.4%-39.2% +13.5%

Risk

MeasureCLNEVLOGEVOSPY
Volatility, 1Y 54.2%37.6%61.9% 12.7%
Downside volatility, 1Y 59.0%34.4%66.0% 12.7%
Beta vs S&P 500, 1Y -0.11-0.370.84 1.00
Return / volatility, 1Y -0.903.78-0.84 1.03
Max drawdown, 5Y -86.2%-42.9%-93.5% -25.4%
From 52-week high -52.3%-8.8%-58.3% -2.5%
52-week high $3.06$459.67$2.78 $779.14
52-week low $1.35$161.94$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.

MultipleCLNEVLOGEVO
P/E now vs peer median -3.4xmedian 10.9x 17.1xmedian 10.4x -1.3xmedian 10.9x
P/S now vs peer median 0.7xmedian 1.2x 0.9xmedian 0.3x 1.6xmedian 1.2x
EV/EBITDA now vs peer median 15.4xmedian 14.0x 9.4xmedian 7.1x -2.5xmedian 14.0x
P/FCF now vs peer median 14.1xmedian 14.1x 12.0xmedian 9.4x -5.1xmedian 14.1x
P/B now vs peer median 0.6xmedian 1.1x 4.3xmedian 1.9x 1.0xmedian 1.1x
PEG now vs peer median 0.45median 0.19 -2.42median 0.30 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 monthsCLNEVLOGEVO
Revenue $442.37M $139.40B $177.51M
Gross profit $121.76M $11.20B $84.04M
Operating income -$32.36M $10.01B -$182.47M
Net income -$94.76M $7.62B -$212.89M
Free cash flow $22.86M $10.08B -$56.65M
R&D – – $4.50M
EPS (diluted) $-0.43 $24.53 $-0.90
Cash & equivalents $59.15M $7.87B $58.15M
Total debt $229.02M $44.07B $534.73M
Shares (diluted) 220.26M 294.00M 237.05M
Enterprise value -$342.87M $102.19B -$19.38M

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
MetricCLNEVLOGEVO
P/E -3.4x 17.1x -1.3x
P/FCF 14.1x 12.0x -5.1x
P/Operating cash flow 6.9x 11.1x -17.7x
P/S 0.7x 0.9x 1.6x
P/B 0.6x 4.3x 1.0x
P/Tangible book 0.6x 4.3x 1.4x
EV/EBITDA 15.4x 9.4x -2.5x
EV/EBIT -12.7x 12.4x -2.2x
EV/Revenue 0.9x 0.9x 2.2x
EV/FCF 18.0x 12.3x -7.0x
EV/Operating cash flow 8.8x 11.4x -24.4x
PEG (3Y EPS CAGR) 0.45 -2.42 0.05

Growth

14 metrics
MetricCLNEVLOGEVO
Revenue growth (1Y) 5.2% 12.6% 121.4%
Revenue CAGR (3Y) -1.4% -3.9% 168.7%
Gross profit growth (1Y) -0.3% 256.7% 197.3%
Gross profit CAGR (3Y) 7.0% -11.2% 178.2%
Operating income growth (1Y) 79.4% 951.6% -214.6%
Operating income CAGR (3Y) 22.0% -12.4% -18.2%
Net income growth (1Y) 53.6% 838.9% -268.3%
Net income CAGR (3Y) -7.2% -12.6% -28.1%
EPS growth (1Y) 53.7% 901.8% -244.5%
EPS CAGR (3Y) -7.7% -7.1% -28.2%
Operating cash flow growth (1Y) -54.5% 156.5% 71.2%
Operating cash flow CAGR (3Y) 19.2% 0.3% 28.8%
Free cash flow growth (1Y) -60.1% 222.7% 38.3%
Free cash flow CAGR (3Y) 36.4% 2.4% 22.7%

Profitability

14 metrics
MetricCLNEVLOGEVO
Gross margin 27.5% 8.0% 47.3%
EBITDA margin 6.0% 9.5% -87.5%
Operating margin -7.3% 7.2% -102.8%
Pretax margin -21.4% 7.1% -112.5%
Net margin -21.3% 5.2% -119.9%
FCF margin 5.2% 7.2% -31.9%
Operating cash flow margin 10.5% 7.8% -9.2%
Return on equity -16.9% 27.6% -58.6%
Return on assets -9.2% 12.0% -36.9%
Return on invested capital -4.1% 19.8% –
Return on capital employed -3.6% 22.4% -34.1%
Asset turnover 0.4x 2.2x 0.3x
Cash conversion (OCF / net income) -0.5x 1.4x 0.1x
Stock comp / revenue 2.0% – 5.5%

Financial Health

11 metrics
MetricCLNEVLOGEVO
Debt / assets 22.3% 17.6% 34.1%
Debt / equity 0.4x 0.4x 0.6x
Net debt / EBITDA 3.3x 0.3x -0.7x
Debt / FCF 10.0x 1.1x -3.0x
Liabilities / assets 45.5% 56.3% 44.3%
Equity / assets 54.5% 43.7% 55.7%
Interest coverage -0.7x 17.8x -8.8x
Current ratio 2.5x 1.6x 2.7x
Quick ratio 1.9x 1.2x 1.9x
Cash ratio 1.1x 0.4x 1.5x
Altman Z-score -0.76 6.01 -2.86

Shareholder Returns

7 metrics
MetricCLNEVLOGEVO
Dividend yield – 1.1% –
Net buyback yield 0.0% 4.0% -0.3%
Shareholder yield 0.0% 5.1% -0.3%
Payout ratio (earnings) – 18.5% –
Payout ratio (FCF) – 14.0% –
Dividend growth (1Y) – 1.3% –
Dividend CAGR (3Y) – -2.2% –

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.

ConsensusCLNEVLOGEVO
Forward P/E – 8.4xFY2026 –
EPS, next fiscal year $-0.02FY2026 $49.71FY2026 $-0.06FY2026
EPS growth, next FY -300.0%FY2026 +368.5%FY2026 –
EPS growth, the year after – -10.4% –
Revenue, next fiscal year $466.93MFY2026 $172.89BFY2026 $200.07MFY2026
Revenue growth, next FY +9.9%FY2026 +40.9%FY2026 +24.6%FY2026
Revenue growth, the year after +5.8% -21.1% -2.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLNEVLOGEVO
Held by institutions 49.3% 83.6% 37.2%
Institutions holding 193 1,967 149
Change in shares held, QoQ +1.9% -1.5% +5.2%
Institutions buying 86 950 76
Institutions selling 59 709 40
Buyers to sellers 1.46 1.34 1.90

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.

CLNEVLOGEVO
CLNE 1.00 0.21 0.30
VLO 0.21 1.00 0.04
GEVO 0.30 0.04 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, CLNE, VLO and GEVO?

Valero Energy (VLO) is the largest by market capitalisation: Clean Energy Fuels (CLNE) $318.27M, Valero Energy (VLO) $125.25B, Gevo (GEVO) $271.43M.

Which company is growing faster?

Gevo (GEVO) grew revenue fastest over the trailing twelve months: Clean Energy Fuels (CLNE) +5.2%, Valero Energy (VLO) +12.6%, Gevo (GEVO) +121.4%.

Which company is more profitable?

Valero Energy (VLO) has the highest net margin (Clean Energy Fuels (CLNE) -21.3%, Valero Energy (VLO) 5.2%, Gevo (GEVO) -119.9%). On return on invested capital, Valero Energy (VLO) leads (Clean Energy Fuels (CLNE) -4.1%, Valero Energy (VLO) 19.8%).

Which stock has performed better?

Over the past year Valero Energy (VLO) returned the most: Clean Energy Fuels (CLNE) -49.0%, Valero Energy (VLO) +142.1%, Gevo (GEVO) -51.9%. Over five years, Valero Energy (VLO) compounded fastest (Clean Energy Fuels (CLNE) -30.0%/yr, Valero Energy (VLO) +39.0%/yr, Gevo (GEVO) -29.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Clean Energy Fuels (CLNE) 0.00%, Valero Energy (VLO) 0.01%, Gevo (GEVO) 0.00%. Clean Energy Fuels (CLNE) and Gevo (GEVO) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Valero Energy (VLO) has been the steadiest (Clean Energy Fuels (CLNE) 54.2%, Valero Energy (VLO) 37.6%, Gevo (GEVO) 61.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLNE, VLO 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, Valero Energy (VLO) leads on 6. 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.