OPAL
OPAL Fuels Inc.Company Information
- Company Name
- OPAL Fuels Inc.
- CIK
- CIK0001842279
- Category
- Accelerated filer<br>Smaller reporting company<br>Emerging growth company
- Ticker: Exchange
- OPAL: Nasdaq
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4932
- SIC Description
- Gas & Other Services Combined
- Ticker
- OPAL
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-09-03
- Last sale
- 2024-05-21
- Shares purchased (TTM)
- 183,051
- Shares sold (TTM)
- 0
Institutional Sentiment
- As of
- 2026-06-30
- Institutional shares owned
- 17,197,847
- Shares outstanding
- 29,641,216
- Ownership
- 58.02%
Earnings Market Reaction
- Filing date
- 2026-08-10
- Price on filing date
- —
- 1-month reaction
- -22.69%
- 3-month reaction
- …
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Redeemable Preferred Noncontrolling Interest | 8 | 150 | 130 | 0 | 0 | 130 | 130 | 0 | 0 | 130 | 133 | -14 | ||||||
| Redeemable Noncontrolling Interest | -23 | 343 | 378 | -23 | 89 | 277 | 483 | -78 | -108 | 705 | 803 | 91 | ||||||
| Common Class A | 0 | 30 | 0 | -2 | 0 | 31 | 0 | 0 | 0 | 30 | 0 | 0 | ||||||
| Common Class C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Other Liabilities Current | - | - | - | - | - | - | 2 | 2 | 2 | 0 | 0 | 0 | ||||||
| Common Class D | 0 | 23 | 0 | 0 | -50 | 73 | 0 | 0 | 0 | 73 | 144 | 0 | ||||||
| Senior Secured Credit Facility Term Loan | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Treasury Stock Common Shares | - | - | - | 2 | 2 | 2 | - | 2 | 2 | 2 | - | 2 | ||||||
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 91 | 133 | 24 | 30 | 29 | 40 | 24 | 20 | 19 | 28 | 38 | 15 | ||||||
| Accounts Receivable Net Current | 38 | 43 | 62 | 31 | 29 | 31 | 47 | 40 | 24 | 23 | 28 | 31 | ||||||
| Restricted Cash Current | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 1 | ||||||
| Contract With Customer Asset Net Current | 7 | 7 | 8 | 13 | 11 | 10 | 11 | 10 | 13 | 9 | 7 | 14 | ||||||
| Inventory Parts And Components Net Of Reserves | 13 | 12 | 11 | 12 | 13 | 13 | 10 | 10 | 11 | 11 | 10 | 12 | ||||||
| Short Term Investments | - | - | - | - | - | - | 0 | 11 | 9 | 6 | 10 | 18 | ||||||
| Prepaid Expense And Other Assets Current | 14 | 18 | 16 | 11 | 12 | 10 | 24 | 5 | 6 | 6 | 6 | 5 | ||||||
| Income Taxes Receivable | - | - | 3 | 3 | 3 | 4 | 6 | 6 | 5 | 4 | 5 | 4 | ||||||
| Assets Current | 163 | 213 | 123 | 123 | 123 | 116 | 117 | 123 | 105 | 106 | 128 | 106 | ||||||
| Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization | 526 | 513 | 496 | 484 | 477 | 468 | 458 | 410 | 385 | 359 | 339 | 304 | ||||||
| Equity Method Investments | 234 | 224 | 231 | 228 | 225 | 219 | 224 | 217 | 213 | 206 | 207 | 199 | ||||||
| Net Investment In Lease After Allowance For Credit Loss | 11 | 11 | 8 | - | - | - | 0 | - | - | - | - | - | ||||||
| Assets Held For Sale Not Part Of Disposal Group Current | - | - | - | - | - | - | 6 | 4 | 2 | 2 | 0 | 4 | ||||||
| Restricted Cash Noncurrent | 3 | 3 | 3 | 3 | 3 | 4 | 2 | 3 | 2 | 3 | 4 | 5 | ||||||
| Deferred Finance Costs Noncurrent Net | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Goodwill | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | 55 | ||||||
| Derivative Assets Current | - | - | - | - | - | - | 0 | 0 | 0 | 1 | 1 | 0 | ||||||
| Other Assets Noncurrent | 49 | 42 | 44 | 24 | 23 | 23 | 26 | 2 | 2 | 2 | 1 | 2 | ||||||
| Assets | 1,040 | 1,061 | 959 | 917 | 906 | 885 | 881 | 831 | 782 | 750 | 755 | 690 | ||||||
Liabilities And Stockholders Equity | ||||||||||||||||||
| Inventory Noncurrent | - | - | - | - | - | - | 4 | 4 | 4 | 4 | 3 | 3 | ||||||
Liabilities Current | ||||||||||||||||||
| Accrued Income Taxes Current | - | - | - | 3 | 3 | 4 | 4 | 5 | 4 | 5 | 5 | 4 | ||||||
| Employee Related Liabilities Current | - | - | - | 9 | 8 | 6 | 10 | 8 | 7 | 10 | 9 | 8 | ||||||
| Operating Lease Right Of Use Asset | - | - | 13 | - | - | - | 13 | 13 | 13 | 12 | 12 | 12 | ||||||
| Accounts Payable Other Current | 13 | 10 | 19 | - | - | - | 17 | - | - | - | - | - | ||||||
| Contract With Customer Liability Current | 3 | 5 | 6 | 8 | 9 | 10 | 9 | 6 | 6 | 8 | 6 | 7 | ||||||
| Derivative Assets Noncurrent | - | - | - | - | - | - | 0 | - | - | - | 0 | 0 | ||||||
| Long Term Construction Loan Current | 19 | 19 | 15 | 9 | 6 | 3 | 13 | 2 | 2 | 2 | 2 | 2 | ||||||
| Secured Debt Current | - | - | - | 2 | 2 | 2 | 11 | 7 | 4 | 2 | 0 | 0 | ||||||
| Derivative Liabilities Current | - | - | - | - | - | - | 0 | - | - | - | 0 | 0 | ||||||
| Other Accrued Liabilities Current | 55 | 63 | 64 | 15 | 13 | 16 | 65 | 20 | 14 | 17 | 10 | 14 | ||||||
| Liabilities Current | 90 | 97 | 104 | 83 | 98 | 102 | 104 | 98 | 81 | 75 | 74 | 57 | ||||||
| Convertible Notes Payable Current | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Other Loans Payable Current | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Intangible Assets Net Excluding Goodwill | - | - | - | - | - | - | 1 | 1 | 1 | 2 | 2 | 2 | ||||||
| Secured Long Term Debt | - | - | - | 313 | 296 | 274 | 267 | 216 | 198 | 175 | 177 | 154 | ||||||
| Construction Loan Noncurrent | 413 | 428 | 337 | 17 | 18 | 18 | 285 | 19 | 19 | 20 | 20 | 20 | ||||||
| Other Liabilities Noncurrent | 21 | 24 | 20 | 8 | 9 | 15 | 27 | 10 | 10 | 9 | 8 | 1 | ||||||
| Conversion Of Stock Shares Converted1 | - | - | - | - | - | - | -72 | - | - | - | - | - | ||||||
| Liabilities | 524 | 549 | 462 | 434 | 432 | 420 | 416 | 361 | 328 | 297 | 297 | 254 | ||||||
Members Equity | ||||||||||||||||||
| Retained Earnings Accumulated Deficit | 38 | 20 | -1 | 19 | -13 | 69 | -137 | -168 | -262 | -371 | -467 | -841 | ||||||
| Accumulated Other Comprehensive Income Loss Net Of Tax | 0 | 0 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | ||||||
| Treasury Stock Common Value | -12 | -12 | -12 | -12 | -12 | -12 | -12 | -12 | -12 | -12 | -12 | -12 | ||||||
| Stockholders Equity | 38 | 18 | -10 | 10 | -25 | 57 | -148 | -179 | -273 | -382 | -479 | -852 | ||||||
| Minority Interest | 12 | 10 | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Liabilities And Stockholders Equity | 1,040 | 1,061 | 959 | 917 | 906 | 885 | 881 | 831 | 782 | 750 | 755 | 690 | ||||||
| Operating Lease Liability Current | - | - | 1 | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| Asset Retirement Obligation Current | - | - | 3 | - | - | - | 3 | 2 | 2 | 2 | 2 | 1 | ||||||
| Common Class B | 0 | 122 | 0 | 0 | 50 | 72 | 0 | 0 | 0 | 72 | 0 | 0 | ||||||
| Additional Paid In Capital | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Variable Interest Entity Primary Beneficiary | -12 | 13 | 0 | -0 | -0 | 1 | 0 | -0 | -1 | 1 | 0 | 0 | ||||||
| Asset Retirement Obligations Noncurrent | - | - | 5 | - | - | - | 5 | 6 | 6 | 5 | 5 | 5 | ||||||
| Related Party | -14 | 15 | 13 | 0 | -5 | 7 | 15 | 0 | -0 | 15 | 0 | 0 | ||||||
| Senior Secured Credit Facility Working Capital Facility | - | - | - | - | - | - | - | - | - | - | 0 | 0 | ||||||
| Nonrelated Party | 0 | 0 | 0 | 0 | 2 | 0 | 0 | -0 | -11 | 11 | 0 | 0 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 1 | 1 | 0 | - | - | - | 0 | - | - | - | - | - | ||||||
| Operating Lease Liability Noncurrent | - | - | 13 | 12 | 12 | 12 | 12 | 12 | 13 | 12 | 12 | 12 | ||||||
| Business Combination Contingent Consideration Liability Noncurrent | - | - | - | - | - | - | 0 | 0 | 1 | 1 | 2 | 4 | ||||||
| Derivative Liabilities Noncurrent | - | - | - | - | - | - | 0 | 0 | - | - | 0 | - | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
Financial statements beyond 3 years are for subscribers only.
Unlock 17+ years of income statements, balance sheets, and cash flow statements
Start 7-day free trialOPAL Fuels Inc. (OPAL) — SEC Financial Statements & Analysis
OPAL Fuels Inc. (OPAL) is a gas & other services combined company. OPAL Fuels Inc. trades on Nasdaq as: OPAL. OPAL Fuels Inc. (OPAL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10. Based on that filing, OPAL Fuels Inc. carries a market cap of $65.21M, a P/E ratio of -6.63x, a P/B ratio of 1.72x, a P/S ratio of 0.19x, an enterprise value of $-29.98M, and an EV/EBITDA multiple of -1.23x. On profitability, it posts a gross margin of 85.05%, an operating margin of 0.69%, a net margin of -2.89%, a Return on Equity (ROE) of -152.85%, a Return on Assets (ROA) of -1.01%, and a Return on Invested Capital (ROIC) of 0.29%. Per share, it reports EPS of $-0.33, diluted EPS of $-0.33, free cash flow per share of $-1.74, and a dividend per share of $0.42. Over the trailing year, it posted revenue growth of 3.02% year-over-year, net income growth of -285.47% year-over-year, and EPS growth of -276.86% year-over-year. On the balance sheet, it maintains a current ratio of 1.82x, a quick ratio of 1.66x, working capital of $73.47M, a debt-to-equity ratio of 13.82x, a debt ratio of 0.5, an interest coverage ratio of 0.15x, free cash flow of $-51.64M (TTM), and net debt of $-95.19M. Figures sourced from SEC EDGAR.
- Market Cap
- $65.21M
- P/E TTM
- -6.63x
- EPS TTM
- $-0.33
- P/B TTM
- 1.72x
- ROE TTM
- -152.85%
- ROA TTM
- -1.01%
- Debt To Equity
- 13.82x
- Free Cash Flow TTM
- $-51.64M
- Net Revenue TTM Growth 1Y
- 3.02%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is OPAL Fuels Inc. in?
OPAL Fuels Inc. (OPAL) operates in the Gas & Other Services Combined industry.
What exchange does OPAL trade on?
OPAL Fuels Inc. (OPAL) trades on the Nasdaq.
When was OPAL Fuels Inc. (OPAL)'s most recent SEC filing?
OPAL Fuels Inc. (OPAL)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-10.
What is OPAL's market cap?
OPAL Fuels Inc. (OPAL) has a market capitalization of $65.21M as of 2026-06-30.
What is OPAL's EPS (earnings per share)?
OPAL Fuels Inc. (OPAL)'s trailing twelve month EPS is $-0.33 as of 2026-06-30.
What is OPAL's ROE (return on equity)?
OPAL Fuels Inc. (OPAL)'s trailing twelve month Return on Equity (ROE) is -152.85% as of 2026-06-30.
What is OPAL's ROA (return on assets)?
OPAL Fuels Inc. (OPAL)'s trailing twelve month Return on Assets (ROA) is -1.01% as of 2026-06-30.
What is OPAL's ROIC (return on invested capital)?
OPAL Fuels Inc. (OPAL)'s trailing twelve month Return on Invested Capital (ROIC) is 0.29% as of 2025-09-30.
What is OPAL's EV/EBITDA?
OPAL Fuels Inc. (OPAL)'s trailing twelve month EV/EBITDA is -1.23x as of 2026-06-30.

