Fuelcell Energy (FCEL) FCF Payout Ratio (2022 - 2026)

Fuelcell Energy's (FCEL) quarterly FCF Payout Ratio came in at 0.02 in Q2 2026, down 1.52% YoY from 0.02 in Q2 2025, and up 11.13% on a QoQ basis from 0.02 in Q1 2026.

Fuelcell Energy (FCEL) FCF Payout Ratio (2022 - 2026) Analysis & Trends

Fuelcell Energy's FCF Payout Ratio history runs 5 years deep, the most recent figure standing at 0.02 for Q2 2026.

  • On a quarterly basis, FCF Payout Ratio fell 1.52% year-over-year to 0.02 in Q2 2026; TTM through Apr 2026 was 0.02, a 36.83% decrease from a year earlier, with the FY2025 full-year figure at 0.01, down 81.4% from the prior year.
  • FCF Payout Ratio was 0.02 for Q2 2026 at Fuelcell Energy, up from 0.02 in the prior quarter.
  • Over the last five years, FCF Payout Ratio for FCEL reached as high as 0.01 in Q3 2022 and fell as low as 0.1 in Q4 2024.
  • A 5-year average of 0.01 and a median of 0.01 in 2024 frame the typical range for FCF Payout Ratio.
  • The widest annual swing landed in 2024, when FCF Payout Ratio plunged 1289.29%; it then surged 80.48% in 2025.
  • Tracing FCEL's FCF Payout Ratio over 5 years: stood at 0.0 in 2022, then plunged by 79.52% to 0.01 in 2023, then plunged by 1289.29% to 0.1 in 2024, then surged by 80.48% to 0.02 in 2025, then gained by 17.31% to 0.02 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.02, 0.02, and 0.02 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.03
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.70
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.64
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn -0.09
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 0.07
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.09
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn -0.02

Historic Data

Download Data
DateValue
Apr 30, 2026 -0.02
Jan 31, 2026 -0.02
Oct 31, 2025 -0.02
Jul 31, 2025 -0.01
Apr 30, 2025 -0.02
Jan 31, 2025 -0.01
Oct 31, 2024 -0.10
Jul 31, 2024 -0.01
Apr 30, 2024 -0.01
Jan 31, 2024 0.00
Oct 31, 2023 -0.01
Jul 31, 2023 0.00
Apr 30, 2023 0.00
Jan 31, 2023 0.00
Oct 31, 2022 0.00
Jul 31, 2022 0.01