OPAL Fuels OPAL
NASDAQ OPAL
$1.85 -0.07 (-3.64%)
As of: Sep 9, 2026 · 3:59 PM EDT

OPAL Fuels (OPAL) EV to EBITDA (2021 - 2026)

OPAL Fuels' (OPAL) quarterly EV to EBITDA came in at 100.87 in Q2 2026, up 78.71% year-over-year from 56.45 in Q2 2025, and down 52.4% quarter-over-quarter from 66.19 in Q1 2026.

Analysis

OPAL Fuels (OPAL) EV to EBITDA (2021 - 2026) Analysis & Trends

OPAL Fuels has disclosed EV to EBITDA across 6 years of filings, most recently posting 100.87 for Q2 2026.

  • In Q2 2026, EV to EBITDA rose 78.71% year-over-year to 100.87; the TTM figure through Jun 2026 stood at 130.41 (up 525.76% YoY), while the FY2025 annual figure was 13.46, down 9.85% from the prior year.
  • EV to EBITDA came in at 100.87 for Q2 2026 at OPAL Fuels, down from 66.19 in the prior quarter.
  • In the past five years, EV to EBITDA ranged from a high of 1194.55 in Q3 2022 to a low of 473.79 in Q2 2025.
  • Average EV to EBITDA over 5 years is 109.27, with a median of 64.56 recorded in 2024.
  • The largest YoY upside for EV to EBITDA was 180.1% in 2025 against a maximum downside of 777.38% in 2025.
  • Over 5 years, EV to EBITDA stood at 106.51 in 2022, then plunged by 49.55% to 53.74 in 2023, then soared by 132.02% to 124.68 in 2024, then plunged by 52.54% to 59.17 in 2025, then tumbled by 270.47% to 100.87 in 2026.
  • Per Business Quant data, the three most recent EV to EBITDA figures were 100.87 in Q2 2026, 66.19 in Q1 2026, and 59.17 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Rex American Resources 1.41 Bn 1.03 Bn 53.30 Mn
2 Green Plains 1.08 Bn 836.45 Mn 113.03 Mn
3 Gevo 373.36 Mn 315.21 Mn 19.80 Mn
4 Clean Energy Fuels 362.32 Mn 222.17 Mn 42.05 Mn
5 Montauk Renewables 355.25 Mn 339.48 Mn 52.02 Mn
6 Aemetis 130.78 Mn 129.81 Mn 13.52 Mn
7 OPAL Fuels 55.13 Mn -37.15 Mn 43.04 Mn
8 Blue Biofuels 33.41 Mn 33.38 Mn -
9 Verde Clean Fuels 30.24 Mn -23.32 Mn -
10 Clean Vision 6.33 Mn 6.33 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -100.87
Mar 31, 2026 -66.19
Dec 31, 2025 59.17
Sep 30, 2025 98.45
Jun 30, 2025 -473.79
Mar 31, 2025 -189.94
Dec 31, 2024 124.68
Sep 30, 2024 35.15
Jun 30, 2024 69.95
Mar 31, 2024 117.43
Dec 31, 2023 53.74
Sep 30, 2023 195.63
Jun 30, 2023 -313.52
Mar 31, 2023 -159.29
Dec 31, 2022 106.51
Sep 30, 2022 1,194.55
Jun 30, 2022 328.67
Mar 31, 2022 886.53
Dec 31, 2021 149.56
Sep 30, 2021 632.97