OPAL Fuels (OPAL) Debt to Equity (2021 - 2026)
OPAL Fuels (OPAL) posted Debt to Equity of $23.21 for Q1 2026, up 169.83% sequentially from -$33.24 in Q4 2025, and up 385.92% YoY from $4.78 in Q1 2025.
OPAL Fuels (OPAL) Debt to Equity (2021 - 2026) Analysis & Trends
OPAL Fuels (OPAL) has 6 years of Debt to Equity data on file, last reported at $23.21 in Q1 2026.
- Quarterly Debt to Equity rose 385.92% year-over-year to $23.21 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $23.21 (up 385.92% YoY) and the FY2025 annual result came in at -$33.24, down 1613.48% from the prior year.
- Debt to Equity advanced to $23.21 in Q1 2026 per OPAL's latest filing, from -$33.24 in the prior quarter.
- The five-year high for Debt to Equity was $23.21 in Q1 2026, with the low at -$33.24 in Q4 2025.
- Average Debt to Equity over 5 years is -$0.53, with a median of -$0.06 recorded in 2023.
- Year-over-year, Debt to Equity slumped 22317.54% in 2023 and soared 8589.18% in 2025.
- OPAL Fuels' Debt to Equity stood at -$0.09 in 2022, then slumped by 300.9% to -$0.37 in 2023, then sank by 426.12% to -$1.94 in 2024, then plunged by 1613.48% to -$33.24 in 2025, then soared by 169.83% to $23.21 in 2026.
- Business Quant data shows OPAL's Debt to Equity at $23.21 in Q1 2026, -$33.24 in Q4 2025, and $1.84 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 0.64 |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 1.40 |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 1.25 |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 1.30 |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 1.05 |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 0.68 |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 0.89 |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 0.12 |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 0.74 |
| 10 | OPAL Fuels | 62.26 Mn | -61.70 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 |