Fuelcell Energy (FCEL) FCF Margin (2010 - 2026)
Fuelcell Energy (FCEL) posted FCF Margin of 81.49% for Q2 2026, up 28.32% sequentially from 113.69% in Q1 2026, and up 1253.0% YoY from 6.02% in Q2 2025.
Fuelcell Energy (FCEL) FCF Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported FCF Margin for 17 years, with the latest figure at 81.49% in Q2 2026.
- Quarterly FCF Margin rose 1253.0% year-over-year to 81.49% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 71.28% (up 5961.0% YoY) and the FY2025 annual result came in at 90.98%, up 8794.0% from the prior year.
- FCF Margin rose to 81.49% in Q2 2026 per FCEL's latest filing, from 113.69% in the prior quarter.
- Over five years, FCF Margin peaked at 9.53% in Q4 2024 and troughed at 412.39% in Q1 2024.
- A 5-year average of 148.77% and a median of 118.21% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2024 and 2025: FCF Margin sank 24747 bps in 2024, then soared 25534 bps in 2025.
- Over 5 years, FCF Margin stood at 74.91% in 2022, then slumped by 61 bps to 120.56% in 2023, then jumped by 92 bps to 9.53% in 2024, then slumped by 356 bps to 43.4% in 2025, then tumbled by 88 bps to 81.49% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 81.49%, 113.69%, and 43.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.11 Bn | 98.00 Bn | 1.23 Bn | 28.30% |
| 2 | Bloom Energy | 58.82 Bn | 56.15 Bn | 355.57 Mn | 14.64% |
| 3 | Hubbell | 25.19 Bn | 24.80 Bn | 613.00 Mn | 12.43% |
| 4 | nVent Electric | 25.03 Bn | 24.77 Bn | 558.00 Mn | 11.37% |
| 5 | Advanced Energy Industries | 11.18 Bn | 9.76 Bn | 236.10 Mn | 6.36% |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.98 Bn | 606.40 Mn | 22.84% |
| 7 | Powell Industries | 7.23 Bn | 6.60 Bn | 95.30 Mn | 30.06% |
| 8 | EnerSys | 6.94 Bn | 6.41 Bn | 313.36 Mn | 23.27% |
| 9 | Hayward Holdings | 3.20 Bn | 2.71 Bn | 155.05 Mn | 97.96% |
| 10 | Fuelcell Energy | 1.06 Bn | 688.24 Mn | -12.93 Mn | -81.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -81.49% |
| Jan 31, 2026 | -113.69% |
| Oct 31, 2025 | -43.40% |
| Jul 31, 2025 | -68.62% |
| Apr 30, 2025 | -94.01% |
| Jan 31, 2025 | -277.78% |
| Oct 31, 2024 | -9.53% |
| Jul 31, 2024 | -323.97% |
| Apr 30, 2024 | -224.49% |
| Jan 31, 2024 | -412.39% |
| Oct 31, 2023 | -120.56% |
| Jul 31, 2023 | -184.05% |
| Apr 30, 2023 | -115.86% |
| Jan 31, 2023 | -164.92% |
| Oct 31, 2022 | -74.91% |
| Jul 31, 2022 | -66.76% |
| Apr 30, 2022 | -134.38% |
| Jan 31, 2022 | -166.96% |
| Oct 31, 2021 | -95.44% |
| Jul 31, 2021 | -79.68% |