OPAL Fuels (OPAL) EV to CFO (2021 - 2026)
OPAL Fuels' (OPAL) EV to CFO was 3.81 for Q3 2026, down 95.3% from 81.34 a year earlier and down 37.1% from the prior quarter.
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Analysis
OPAL Fuels (OPAL) EV to CFO (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, OPAL Fuels' EV to CFO came in at -0.19; for FY2025, it came in at 10.73, down 40.2% from FY2024.
- By year, EV to CFO came in at 17.93 in FY2024 (-47.2%), 33.96 in FY2023 and 94.85 in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly EV to CFO in data going back to Q4 2021.
- Year over year, EV to CFO gained in three of the last eight quarters, with growth averaging 83.5%.
- The high point for year-over-year EV to CFO in five years was Q3 2025 (growth of 782.3%); the low point was Q3 2026 (a decline of 95.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 6.06 (Q2 2026), 17.87 (Q1 2026) and 10.73 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 1.55 Bn | 670.46 Mn | -5.36 Mn |
| 2 | Rex American Resources | 1.27 Bn | -87.85 Mn | 53.30 Mn |
| 3 | Green Plains | 940.41 Mn | 317.05 Mn | 142.81 Mn |
| 4 | Gevo | 452.70 Mn | 177.08 Mn | 47.81 Mn |
| 5 | Clean Energy Fuels | 405.62 Mn | -158.48 Mn | 41.24 Mn |
| 6 | OPAL Fuels | 215.20 Mn | -105.54 Mn | 27.77 Mn |
| 7 | Montauk Renewables | 136.08 Mn | 63.86 Mn | - |
| 8 | Verde Clean Fuels | 43.66 Mn | -149.00 Mn | - |
| 9 | Blue Biofuels | 38.93 Mn | 38.83 Mn | - |
| 10 | XCF Global | 27.62 Mn | 25.21 Mn | 276,200.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.81 |
| Jun 30, 2026 | 6.06 |
| Mar 31, 2026 | 17.87 |
| Dec 31, 2025 | 10.73 |
| Sep 30, 2025 | 81.34 |
| Jun 30, 2025 | 22.04 |
| Mar 31, 2025 | 6.99 |
| Dec 31, 2024 | 17.93 |
| Sep 30, 2024 | 9.22 |
| Jun 30, 2024 | 15.12 |
| Mar 31, 2024 | 17.52 |
| Dec 31, 2023 | 33.96 |
| Sep 30, 2023 | 54.40 |
| Jun 30, 2023 | 79.77 |
| Mar 31, 2023 | 99.03 |
| Jun 30, 2022 | 163.17 |
| Mar 31, 2022 | 183.93 |
| Dec 31, 2021 | 97.08 |
API Access
OPAL Fuels EV to CFO 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=ev-to-cfo&ticker=OPAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=OPAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();