OPAL Fuels (OPAL) EV to EBITDA (2022 - 2026)
OPAL Fuels' (OPAL) EV to EBITDA was 11.94 for Q2 2026, down 5.5% from 12.64 a year earlier but up 4.6% from the prior quarter.
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Analysis
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 4.59, down 49.7% year-over-year; for FY2025, it was 12.30, down 11.3% from FY2024.
- By year, EV to EBITDA came in at 13.86 in FY2024 (-75.7%), 56.99 in FY2023 (+11.6%), 51.07 in FY2022 (-36.6%) and 80.60 in FY2021.
- Five-year quarterly EV to EBITDA spans a low of 9.88 in Q3 2024 and a high of 349.66 in Q2 2023.
- Year over year, EV to EBITDA gained in two of the last eight quarters, with an average decline of 22.8%.
- The high point for year-over-year EV to EBITDA in five years was Q2 2023 (growth of 420.4%); the low point was Q2 2024 (a decline of 96.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 11.42 (Q1 2026), 12.30 (Q4 2025) and 14.91 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 1.93 Bn | 1.01 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.32 Bn | -131.55 Mn | 53.30 Mn |
| 3 | Green Plains | 936.12 Mn | 336.80 Mn | 113.03 Mn |
| 4 | Clean Energy Fuels | 411.73 Mn | -157.52 Mn | 41.24 Mn |
| 5 | Gevo | 335.43 Mn | 44.62 Mn | 19.80 Mn |
| 6 | Montauk Renewables | 243.53 Mn | 171.31 Mn | - |
| 7 | Aemetis | 124.70 Mn | 110.68 Mn | 29.47 Mn |
| 8 | Verde Clean Fuels | 44.10 Mn | -154.37 Mn | - |
| 9 | OPAL Fuels | 42.39 Mn | -236.55 Mn | 24.47 Mn |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();