OPAL Fuels (OPAL) Capital Expenditures (2021 - 2026)
OPAL Fuels (OPAL) reported Capital Expenditures of $28.31 million for Q2 2026, up 29.6% from $21.84 million a year earlier and up 16.2% from the prior quarter.
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Analysis
OPAL Fuels (OPAL) Capital Expenditures (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, OPAL Fuels' Capital Expenditures came in at $90.01 million, down 18.8% year-over-year; for FY2025, it was $70.74 million, down 44.4% from FY2024.
- Capital Expenditures has a four-year compound annual growth rate of -5.7% (FY2021 to FY2025).
- By year, Capital Expenditures came in at $127.24 million in FY2024 (+11.8%), $113.83 million in FY2023 (-13.4%), $131.41 million in FY2022 (+46.6%) and $89.65 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Capital Expenditures since Q4 2024.
- Year over year, Capital Expenditures gained in five of the last eight quarters, with growth averaging 22.8%.
- The high point for year-over-year Capital Expenditures in five years was Q4 2024 (growth of 152.3%); the low point was Q4 2025 (a decline of 81.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $24.37 million (Q1 2026), $9.85 million (Q4 2025) and $27.48 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.64 Bn | 1.73 Bn | -1.68 Mn | 24.36 Mn |
| 2 | Rex American Resources | 1.45 Bn | 95.61 Mn | 53.30 Mn | 23.34 Mn |
| 3 | Green Plains | 1.05 Bn | 447.15 Mn | 113.03 Mn | 10.69 Mn |
| 4 | Montauk Renewables | 399.65 Mn | 327.43 Mn | - | 24.69 Mn |
| 5 | Clean Energy Fuels | 345.96 Mn | -309.83 Mn | 30.14 Mn | 3.64 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | 12.49 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | 28.31 Mn |
| 8 | Aemetis | 124.64 Mn | 108.40 Mn | 13.52 Mn | 8.54 Mn |
| 9 | Verde Clean Fuels | 48.56 Mn | -149.91 Mn | - | 1,000.00 |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.31 Mn |
| Mar 31, 2026 | 24.37 Mn |
| Dec 31, 2025 | 9.85 Mn |
| Sep 30, 2025 | 27.48 Mn |
| Jun 30, 2025 | 21.84 Mn |
| Mar 31, 2025 | 11.57 Mn |
| Dec 31, 2024 | 54.43 Mn |
| Sep 30, 2024 | 23.06 Mn |
| Jun 30, 2024 | 22.99 Mn |
| Mar 31, 2024 | 26.75 Mn |
| Dec 31, 2023 | 21.58 Mn |
| Sep 30, 2023 | 20.24 Mn |
| Jun 30, 2023 | 33.23 Mn |
| Mar 31, 2023 | 38.78 Mn |
| Dec 31, 2022 | 46.18 Mn |
| Sep 30, 2022 | 29.79 Mn |
| Jun 30, 2022 | 31.95 Mn |
| Mar 31, 2022 | 22.51 Mn |
| Dec 31, 2021 | 26.25 Mn |
| Sep 30, 2021 | 28.97 Mn |
API Access
OPAL Fuels Capital Expenditures 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=capital-expenditures&ticker=OPAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "OPAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=OPAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();