Fuelcell Energy (FCELB) Dividend Coverage Ratio (2022 - 2026)
Fuelcell Energy's (FCELB) quarterly Dividend Coverage Ratio came in at 94.7 in Q3 2026, up 51.55% year-over-year from 62.49 in Q3 2025, and up 43.09% quarter-over-quarter from 166.4 in Q2 2026.
Analysis
Fuelcell Energy (FCELB) Dividend Coverage Ratio (2022 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Dividend Coverage Ratio across 5 years of filings, most recently posting 94.7 for Q3 2026.
- In Q3 2026, Dividend Coverage Ratio rose 51.55% year-over-year to 94.7; the TTM figure through Jul 2026 stood at 86.6 (up 9.71% YoY), while the FY2025 annual figure was 90.61, down 13.68% from the prior year.
- Dividend Coverage Ratio came in at 94.7 for Q3 2026 at Fuelcell Energy, up from 166.4 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 98.42 in Q3 2022 to a low of 363.59 in Q4 2022.
- Average Dividend Coverage Ratio over 5 years is 118.71, with a median of 88.88 recorded in 2024.
- Year-over-year, Dividend Coverage Ratio plunged 269.88% in 2023 and soared 68.43% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 363.59 in 2022, then surged by 56.49% to 158.19 in 2023, then soared by 43.82% to 88.88 in 2024, then increased by 26.74% to 65.11 in 2025, then tumbled by 45.44% to 94.7 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 94.7 in Q3 2026, 166.4 in Q2 2026, and 37.14 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 77.62 Bn | 74.95 Bn | 355.57 Mn | - |
| 2 | Fuelcell Energy | 35.19 Bn | 34.53 Bn | -24.50 Mn | -94.70 |
| 3 | Ballard Power Systems | 706.87 Mn | 201.72 Mn | 4.08 Mn | - |
| 4 | Sunhydrogen | 93.29 Mn | 93.29 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -94.70 |
| Apr 30, 2026 | -166.40 |
| Jan 31, 2026 | -37.14 |
| Oct 31, 2025 | -65.11 |
| Jul 31, 2025 | -195.47 |
| Apr 30, 2025 | -68.76 |
| Jan 31, 2025 | -48.54 |
| Oct 31, 2024 | -88.88 |
| Jul 31, 2024 | -68.99 |
| Apr 30, 2024 | -77.51 |
| Jan 31, 2024 | -87.26 |
| Oct 31, 2023 | -158.19 |
| Jul 31, 2023 | -167.19 |
| Apr 30, 2023 | -245.48 |
| Jan 31, 2023 | -183.23 |
| Oct 31, 2022 | -363.59 |
| Jul 31, 2022 | 98.42 |