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Saturday 17 October 2026 Export CLNE’s income statement to Excel — free account

Clean Energy Fuels Corp.

CLNE Energy Oil & Gas Refining & Marketing

In the quarter to June 2026, revenue grew 3.65%, EPS grew 22.2%, free cash flow grew 14.1% and total debt fell 17.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.50 0.01 −0.66%
Market cap
$332.9M
P/E
0.0×
Fwd P/E
−7.8×
Dividend yield
—
F-score
5/9
Altman Z
−0.94
Beneish M
−3.99
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.11
Total sells 0.34
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — 2 — 1 — —
Sell — — — — — — 1 — — — — —
Insider Ownership 26.84%

Capital & Financial Ratios $m

Market Cap 332.87
Revenue 442.37
Net Income (94.76)
Free Cash Flow 8.51
Net Debt 90.72
Current Ratio 2.48 (at or above 1.5: strong)
Debt/Equity 0.41 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (7.75) (negative: loss-making)
P/S ratio 0.75
P/B ratio 0.59
Past 5Y EPS Growth —
This Y EPS Growth (337.44%) (below 0%: weak)
Next Y EPS Growth 67.92% (at or above 15%: strong)
Next Y revenue growth 1.40%
Next 5Y EPS Growth 16.57% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years
EV/Sales is 1.0×, against a ten-year median of 1.5×; over the ten years it ranged from 0.9× in 2018 to 9.5× in 2021.
P/S against its own 10 years 6.16%
10-year low 10-year high
P/B against its own 10 years 4.90%
10-year low 10-year high
EV/Sales against its own 10 years 4.13%
10-year low 10-year high
EV/FCF against its own 10 years 48.21%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 265 220 158 140
Receivables 116 122 107 102
Inventory 45 43 44 43
Other — — — —
470 414 350 324
2023 2024 2025 Q'26
Payables 57 33 26 21
ST’ Debt 0 0 0 0
Other 2 — — —
164 155 151 131

Compound Annual Growth %

10y 5y 3y
Sales 1.01% 7.81% 0.37%
Cash Flow 0.00% 6.98% 8.62%
Earnings 0.00% 0.00% 0.00%
Book Value 5.56% 1.57% (8.08%)

Revenue $m

Mar Jun Sep Dec Year
’26 118 106 — — —
’25 104 103 106 112 425
’24 104 98 105 109 416
’23 132 91 96 107 425
’22 83 97 126 114 420
’21 77 0 86 92 256
’20 86 60 71 75 292
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) 29 — — —
’25 23 36 13 13 86
’24 3 19 21 22 65
’23 (19) 12 8 43 44
’22 5 27 (1) 35 67
’21 3 10 20 8 41
’20 (4) 54 3 8 61
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (15) 24 — — —
’25 10 21 1 (1) 31
’24 (16) 1 (3) 3 (15)
’23 (47) (18) (19) 7 (77)
’22 (7) 17 (12) 16 14
’21 0 7 8 0 15
’20 (7) 54 1 5 52
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 (0.06) (0.07) — — —
’25 (0.60) (0.09) (0.11) (0.20) (1.01)
’24 (0.08) (0.07) (0.08) (0.13) (0.37)
’23 (0.17) (0.07) (0.12) (0.08) (0.45)
’22 (0.11) (0.06) (0.04) (0.06) (0.26)
’21 (0.04) (0.38) (0.02) (0.01) (0.44)
’20 0.01 (0.03) (0.01) (0.01) (0.05)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 2.15 1.96 1.31 1.68 1.05 5.85 4.02 3.03 2.17 1.30

Analyst estimates 2026–2028

Powerpack
High 4.80 3.29 4.05 3.47 10.75 19.79 8.65 6.10 3.94 3.67
People
People Employees 832 431 401 412 465 482 496 566 577 503
Revenue/emp, $m 0.48 0.79 0.86 0.84 0.63 0.53 0.85 0.75 0.72 0.84
Income, $m
Income, $m Revenue 403 342 346 344 292 256 420 425 416 425
Gross margin, % 36.53 25.11 38.54 38.35 36.44 15.66 26.76 19.18 30.86 27.05
EBT (12) (83) (9) 14 (11) (94) (59) (101) (81) (225)
EBT margin, % (3.08) (24.39) (2.55) 4.10 (3.85) (36.78) (14.13) (23.64) (19.48) (53.07)
Net income (14) (81) (9) 13 (12) (94) (60) (100) (84) (223)
Depreciation 61 57 51 49 48 45 53 41 43 164
Per share, $
Per share, $ Revenue 3.37 2.27 1.92 1.68 1.45 1.20 1.89 1.91 1.86 1.93
Earnings (0.10) (0.53) (0.02) 0.10 (0.05) (0.44) (0.26) (0.45) (0.37) (1.01)
Cash flow 0.39 (0.03) 0.21 0.06 0.30 0.19 0.30 0.20 0.29 0.39
Capex (0.20) (0.24) (0.14) (0.09) (0.04) (0.12) (0.24) (0.54) (0.36) (0.25)
Free cash flow 0.19 (0.27) 0.07 (0.03) 0.26 0.07 0.06 (0.35) (0.07) 0.14
Book value 4.13 2.99 2.91 2.65 2.61 3.54 3.27 3.29 3.22 2.56
Shares, m 119 150 181 205 201 213 222 223 223 221
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 23.40 0.00 0.00 0.00 0.00 0.00 0.00
P/S 0.92 0.94 0.90 1.39 5.41 5.11 2.69 1.99 1.35 1.09
P/B 0.75 0.72 0.59 0.88 3.02 1.73 1.56 1.15 0.78 0.82
EV/Sales 1.40 1.18 0.86 1.35 5.23 4.36 2.41 1.99 1.46 1.26
EV/FCF 24.92 (9.93) 22.49 (65.96) 29.12 72.76 74.65 (10.94) (41.09) 17.36
Cash, $m
Cash, $m Operating cash flow 46 (4) 38 12 61 41 67 44 65 86
Capex (24) (36) (25) (19) (9) (26) (53) (121) (79) (55)
Free cash flow 23 (41) 13 (7) 52 15 14 (77) (15) 31
Balance, $m
Balance, $m Working capital 173 102 145 131 183 284 324 306 259 199
Total debt 312 260 83 92 88 38 148 263 267 229
Net debt 196 81 (13) (15) (50) (191) (118) (2) 48 71
Shareholders’ equity 494 450 525 543 523 755 727 734 720 565
Returns, %
Returns, % ROA (1.28) (9.38) (0.51) 2.77 (1.32) (11.14) (5.76) (8.50) (6.64) (19.30)
ROIC (1.60) (15.82) 0.48 1.17 (1.30) (10.52) (5.30) (6.53) (2.96) (15.71)
ROE (2.95) (16.80) (0.78) 3.82 (1.85) (14.57) (7.92) (13.62) (11.43) (34.57)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Clean Energy Fuels Corp. vs peers in Oil & Gas Refining & Marketing (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
DK Delek US Holdings, Inc. $4.7B 20.8× 12.2× +47.83% (above 0%: growing) n/m +173.86% (above 0%: growing) 8.93% 7.40% Compare
PARR Par Pacific Holdings, Inc. $4.2B 4.8× 4.1× +56.80% (above 0%: growing) +707.63% (above 0%: growing) +176.88% (above 0%: growing) 28.72% 21.37% Compare
SHI SINOPEC Shangai Petrochemical Company, Ltd. $3.8B 117× 18.4× +2.18% (above 0%: growing) n/m +88.32% (above 0%: growing) 15.31% (0.73%) Compare
DKL Delek Logistics Partners, L.P. $3.2B 20.0× 15.8× +56.18% (above 0%: growing) −34.94% (below 0%: shrinking) +193.34% (above 0%: growing) 17.18% 16.09% Compare
CSANY Cosan S.A. Sponsored ADR $2.7B — (loss-making) — (loss-making) +3.95% (above 0%: growing) n/m +141.78% (above 0%: growing) 34.07% 23.83% Compare
WKC World Kinect Corporation $1.9B — (loss-making) 11.6× +50.29% (above 0%: growing) n/m −363.91% (below 0%: shrinking) 2.69% 0.71% Compare
CAPL CrossAmerica Partners LP $816.9M 15.7× 20.8× +22.57% (above 0%: growing) −17.19% (below 0%: shrinking) −61.26% (below 0%: shrinking) 9.57% 2.99% Compare
SGU Star Group, L.P. $426.9M 7.0× — +17.16% (above 0%: growing) n/m +68.47% (above 0%: growing) 24.40% (9.52%) Compare
CLNE Clean Energy Fuels Corp. $332.9M — (loss-making) — (loss-making) +3.65% (above 0%: growing) n/m +14.12% (above 0%: growing) 28.34% (4.82%)
Median of peers $3.0B 17.8× 14.0× +35.20% −17.19% +115.05% 16.25% 5.19%

All 19 Oil & Gas Refining & Marketing stocks →

Clean Energy Fuels Corp. (CLNE) key facts

  • Concern: Clean Energy Fuels Corp. reported a net loss of $222.6 million, or a loss of $1.01 per share, for fiscal 2025.
  • Clean Energy Fuels Corp. (CLNE) is an Oil & Gas Refining & Marketing company in the Energy sector, listed on Nasdaq.
  • As of October 16, 2026, CLNE traded at $1.50, a market capitalization of $332.9 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.7× sales.
  • Return on equity was −34.6% and debt-to-equity 0.41.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is −0.94 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Clean Energy Fuels Corp. (CLNE) Latest News

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stockrow.com/CLNE · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com