profit from every $100 of sales.

Clean Energy Fuels
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
It has no yearly profit to compare the price with.
of earnings would pay off all its debt.
Money in, money out
What Clean Energy Fuels sold, what it kept, and what it did with the cash.
Sales went from $420 million in 2022 to $425 million in 2025, with -$222 million of profit last year.
Clean Energy Fuels handed back 31% of the cash it generated last year.
Clean Energy Fuels vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Clean Energy Fuels | No profit yet | ||
Reliance Industries | 22.4× · Fair price | ||
Marathon Petroleum | 27.9× · Fair price | ||
Valero Energy | 45.1× · Expensive | ||
Phillips 66 | 23.5× · Fair price |
AI analysis
An AI analyst reads Clean Energy Fuels's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 420 | 425 | 416 | 425 | |
| 58 | 36 | 84 | 16 | |
| -52 | -76 | -28 | -96 | |
| 2 | -32 | -4 | -74 | |
| -59 | -99 | -83 | -222 | |
| -0.26 | -0.45 | -0.37 | -1.01 | |
| 13.7% | 8.4% | 20.1% | 3.8% | |
| -12.3% | -18.0% | -6.8% | -22.5% | |
| -14.0% | -23.4% | -20.0% | -52.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,082 | 1,259 | 1,244 | 1,057 |
| Cash | 124 | 105 | 90 | 156 |
| Total debt | 202 | 361 | 365 | 326 |
| Total liabilities | 355 | 526 | 524 | 492 |
| 720 | 727 | 713 | 559 | |
| 222 | 223 | 223 | 221 | |
| -4.5% | -5.6% | -3.6% | -15.4% | |
| -8.2% | -13.7% | -11.6% | -39.7% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 67 | 44 | 65 | 86 | |
| 54 | 121 | 80 | 60 | |
| 13 | -78 | -15 | 26 | |
| Dividends paid | – | – | – | – |
| 6 | 0 | 0 | 8 | |
| 51 | 84 | 72 | 75 |
Valuation
- –
- –
- –
- 0.8×
- 1.0×
- 15.8×
- –
- 6.3%
- -54.7%
- 0.0%
Profitability
- 3.8%
- -22.5%
- -52.3%
- 0.3%
- 3.2%
- -13.6%
- -17.3%
- -9.6%
- 3.2%
- –
Growth
- +0.4%
- –
- +14,418.2%
- –
- +0.9%
Financial health
- –
- 0.17
- 9.3%
- 0.6×
- 2.46
- 2.14
- 0.42
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $3.50
- Range
- $2.00 – $5.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 7, 2026 | -0.01 | -0.02 | +50.0% |
| Feb 24, 2026 | -0.20 | -0.05 | −288.9% |
| Nov 4, 2025 | -0.11 | -0.04 | −175.0% |
| Aug 7, 2025 | -0.01 | -0.07 | +85.7% |
| May 8, 2025 | 0.01 | -0.20 | +105.0% |
| Feb 24, 2025 | 0.02 | -0.02 | +200.0% |
| Nov 6, 2024 | 0.02 | 0.01 | +186.9% |
| Aug 7, 2024 | 0.01 | 0.00 | +129.4% |
News
Energy Earnings Scorecard: Strong Q3 results drive clean sweep across major playersSeeking Alpha · Nov 7, 2026Alerian MLP ETF vs. iShares Global Clean Energy ETF: Alerian MLP ETF vs. iShares Global Clean Energy ETF: Oil Prices Are Rising, but Which Energy ETF Offers More Upside?Yahoo Finance · Nov 2, 2026Earnings Scorecard: Energy stocks wrap up strong week with near-clean sweep on resultsSeeking Alpha · Oct 31, 2026Ultra Clean expects 2027 WFE spending above $200B as it targets ~$4B capacity in Q1Seeking Alpha · Oct 28, 2026Clean Air Metals announces C$150,000 flow-through financingSeeking Alpha · Oct 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Clean Energy Fuels
Is Clean Energy Fuels a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Clean Energy Fuels AI analysis
What does Clean Energy Fuels do?
Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions, primarily in the United States and Canada. It is in Oil & Gas Refining & Marketing.
Does Clean Energy Fuels pay a dividend?
No. Clean Energy Fuels does not pay a dividend at the moment; in 2025 it returned $7.98 million to shareholders by buying back its own shares.
Is Clean Energy Fuels stock halal?
No. Clean Energy Fuels does not pass our halal screen: its debt is 80% of its market value, at or above the 33% limit. How we check
How has Clean Energy Fuels stock done over the past year?
Down 17.1% over the past twelve months, to $1.84. It traded between $1.35 and $2.75 and is 33.1% below its high.
Who are Clean Energy Fuels's competitors?
The largest listed companies in the same industry are Reliance Industries, Marathon Petroleum, Valero Energy and Phillips 66. The peers table on this page compares their profit, growth and price with Clean Energy Fuels's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



