OPAL Fuels (OPAL) Debt to Equity (2021 - 2026)
OPAL Fuels' (OPAL) quarterly Debt to Equity came in at $23.21 in Q1 2026, up 385.92% year-on-year from $4.78 in Q1 2025, and up 169.83% quarter-over-quarter from -$33.24 in Q4 2025.
OPAL Fuels (OPAL) Debt to Equity (2021 - 2026) Analysis & Trends
OPAL Fuels has disclosed Debt to Equity across 6 years of filings, most recently posting $23.21 for Q1 2026.
- Debt to Equity for Q1 2026 came in at $23.21, up 385.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.21 (up 385.92% YoY), and the FY2025 annual result was -$33.24, down 1613.48% from the prior year.
- Debt to Equity came in at $23.21 for Q1 2026 at OPAL Fuels, up from -$33.24 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $23.21 in Q1 2026 to a low of -$33.24 in Q4 2025.
- The 5-year median for Debt to Equity is -$0.06 (2023), against an average of -$0.53.
- Across the five-year window, Debt to Equity plunged 22317.54% in 2023 and surged 8589.18% in 2025, its largest moves.
- OPAL Fuels' Debt to Equity stood at -$0.09 in 2022, then sank by 300.9% to -$0.37 in 2023, then plunged by 426.12% to -$1.94 in 2024, then tumbled by 1613.48% to -$33.24 in 2025, then soared by 169.83% to $23.21 in 2026.
- The last three Debt to Equity figures came in at $23.21 (Q1 2026), -$33.24 (Q4 2025), and $1.84 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.64 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 1.40 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 1.25 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 1.30 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 1.05 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.68 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.89 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.74 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.12 |
| 10 | OPAL Fuels | 59.29 Mn | -64.67 Mn | 37.99 Mn | 23.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.21 |
| Dec 31, 2025 | -33.24 |
| Sep 30, 2025 | 1.84 |
| Jun 30, 2025 | -0.87 |
| Mar 31, 2025 | 4.78 |
| Dec 31, 2024 | -1.94 |
| Sep 30, 2024 | -1.21 |
| Jun 30, 2024 | -0.73 |
| Mar 31, 2024 | -0.06 |
| Dec 31, 2023 | -0.37 |
| Sep 30, 2023 | -0.18 |
| Jun 30, 2023 | -0.06 |
| Mar 31, 2023 | -0.03 |
| Dec 31, 2022 | -0.09 |
| Sep 30, 2022 | -0.06 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 11.24 |