Clean Energy Fuels (CLNE) Operating Margin (2010 - 2026)
Clean Energy Fuels' Operating Margin was -4.82% in Q2 2026, up 4.18 percentage points from -9.00% a year earlier but down 2.36 percentage points from the prior quarter.
Clean Energy Fuels (CLNE) Operating Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clean Energy Fuels' Operating Margin was -7.31% through Jun 30, 2026, up 30.01 percentage points year-over-year; for FY2025, it was -37.63%, down 28.89 percentage points from FY2024.
- Operating Margin shows a five-year change of -34.26 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -8.74% in FY2024 (+9.23 pp), -17.97% in FY2023 (-5.66 pp), -12.31% in FY2022 (+24.87 pp) and -37.18% in FY2021 (-33.81 pp).
- Quarterly Operating Margin has moved between -121.72% (Q1 2025) and -2.46% (Q1 2026) over five years.
- Compared with a year earlier, Operating Margin has increased for three straight quarters, with an average year-over-year change of +1.69 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q2 2022 (a gain of 16533.20 percentage points); the worst was Q1 2025 (a drop of 112.74 percentage points).
- Per Business Quant data, CLNE's Operating Margin in the three quarters before Q2 2026 was -2.46% (Q1 2026), -9.52% (Q4 2025) and -12.85% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | -35.96% |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | 22.36% |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | 15.21% |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | -0.14% |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | -4.82% |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | -369.25% |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | -3.61% |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 9.21% |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.82% |
| Mar 31, 2026 | -2.46% |
| Dec 31, 2025 | -9.52% |
| Sep 30, 2025 | -12.85% |
| Jun 30, 2025 | -9.00% |
| Mar 31, 2025 | -121.72% |
| Dec 31, 2024 | -11.82% |
| Sep 30, 2024 | -8.13% |
| Jun 30, 2024 | -5.71% |
| Mar 31, 2024 | -8.98% |
| Dec 31, 2023 | -6.15% |
| Sep 30, 2023 | -22.35% |
| Jun 30, 2023 | -14.42% |
| Mar 31, 2023 | -26.79% |
| Dec 31, 2022 | -9.80% |
| Sep 30, 2022 | -6.86% |
| Jun 30, 2022 | -12.21% |
| Mar 31, 2022 | -24.02% |
| Dec 31, 2021 | -6.63% |
| Sep 30, 2021 | -3.60% |
Clean Energy Fuels Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CLNE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CLNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CLNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();