OPAL Fuels (OPAL) EV to EBITDA (2022 - 2026)
OPAL Fuels' (OPAL) EV to EBITDA was 12.50 for Q2 2026, down 3.6% from 12.96 a year earlier but up 3.6% from the prior quarter.
OPAL Fuels (OPAL) EV to EBITDA (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, OPAL Fuels' EV to EBITDA came in at 4.80, down 48.7% year-over-year; for FY2025, it was 13.10, down 10.8% from FY2024.
- By year, EV to EBITDA came in at 14.68 in FY2024 (-76.7%), 62.95 in FY2023 (+12.6%), 55.89 in FY2022 (-34.0%) and 84.74 in FY2021.
- Five-year quarterly EV to EBITDA spans a low of 10.15 in Q3 2024 and a high of 718.78 in Q2 2023.
- Year over year, EV to EBITDA gained in two of the last eight quarters, with an average decline of 22.1%.
- The high point for year-over-year EV to EBITDA in five years was Q2 2023 (growth of 918.4%); the low point was Q2 2024 (a decline of 98.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.06 (Q1 2026), 13.10 (Q4 2025) and 15.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 1.94 Bn | 1.02 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.36 Bn | -91.67 Mn | 53.30 Mn |
| 3 | Green Plains | 997.29 Mn | 397.96 Mn | 113.03 Mn |
| 4 | Clean Energy Fuels | 294.04 Mn | -367.10 Mn | 30.14 Mn |
| 5 | Montauk Renewables | 293.65 Mn | 221.43 Mn | - |
| 6 | Gevo | 267.90 Mn | -22.91 Mn | 19.80 Mn |
| 7 | Aemetis | 92.50 Mn | 76.26 Mn | 13.52 Mn |
| 8 | OPAL Fuels | 45.05 Mn | -233.89 Mn | 24.47 Mn |
| 9 | Blue Biofuels | 30.19 Mn | 30.00 Mn | - |
| 10 | Verde Clean Fuels | 22.51 Mn | -201.88 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.94 |
| Mar 31, 2026 | 11.42 |
| Dec 31, 2025 | 12.30 |
| Sep 30, 2025 | 14.91 |
| Jun 30, 2025 | 12.64 |
| Mar 31, 2025 | 10.08 |
| Dec 31, 2024 | 13.96 |
| Sep 30, 2024 | 9.88 |
| Jun 30, 2024 | 13.38 |
| Mar 31, 2024 | 22.33 |
| Dec 31, 2023 | 56.99 |
| Sep 30, 2023 | 146.03 |
| Jun 30, 2023 | 349.66 |
| Mar 31, 2023 | 88.36 |
| Dec 31, 2022 | 51.07 |
| Sep 30, 2022 | 54.06 |
| Jun 30, 2022 | 67.19 |
OPAL Fuels EV to EBITDA 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-ebitda&ticker=OPAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=OPAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();