OPAL Fuels (OPAL) Invested Capital (2021 - 2026)
OPAL Fuels (OPAL) reported Invested Capital of $469.59 million for Q2 2026, up 67.9% from $279.68 million a year earlier and up 0.9% from the prior quarter.
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Analysis
OPAL Fuels (OPAL) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, OPAL Fuels posted Invested Capital of $339.2 million, up 127.4% from FY2024.
- Invested Capital has a four-year compound annual growth rate of 46.5% (FY2021 to FY2025).
- By year, Invested Capital came in at $149.18 million in FY2024, -$300.67 million in FY2023, -$677.74 million in FY2022 and $73.72 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Invested Capital in data going back to Q4 2021.
- Year over year, Invested Capital has now increased in each of the last four quarters, with growth averaging 228.8% over the last four quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $465.6 million (Q1 2026), $339.2 million (Q4 2025) and $332.94 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn | 587.60 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn | - |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn | 1.35 Bn |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - | 414.17 Mn |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | 787.71 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | 440.40 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | 469.59 Mn |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn | 144.55 Mn |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - | - |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | -3.63 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 469.59 Mn |
| Mar 31, 2026 | 465.60 Mn |
| Dec 31, 2025 | 339.20 Mn |
| Sep 30, 2025 | 332.94 Mn |
| Jun 30, 2025 | 279.68 Mn |
| Mar 31, 2025 | 334.39 Mn |
| Dec 31, 2024 | 149.18 Mn |
| Sep 30, 2024 | 42.64 Mn |
| Jun 30, 2024 | -69.96 Mn |
| Mar 31, 2024 | -204.64 Mn |
| Dec 31, 2023 | -300.67 Mn |
| Sep 30, 2023 | -697.58 Mn |
| Jun 30, 2023 | -639.99 Mn |
| Mar 31, 2023 | -664.65 Mn |
| Dec 31, 2022 | -677.74 Mn |
| Sep 30, 2022 | -922.06 Mn |
| Dec 31, 2021 | 73.72 Mn |
API Access
OPAL Fuels Invested Capital 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=invested-capital&ticker=OPAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=OPAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();