FuelCell Energy, Inc.
FCEL Industrials Electrical Equipment & Parts
FuelCell Energy, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $158.2 million, up 41.0% from fiscal 2024.
- Revenue
- −29.4%
- EPS
- +83.1%
- Free cash flow
- +45.8%
- Total debt
- +21.6%
Quarter to July 2026, against a year earlier
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FuelCell Energy, Inc. (FCEL) EV/Sales
As of 5 November 2026, FuelCell Energy, Inc. (FCEL) trades at a EV/Sales of 0.7×. Over the past ten years it has ranged from −0.3× (November 2024) to 124× (February 2021); the current reading is higher than 14% of that period. That is below the Electrical Equipment & Parts industry median of 1.8× and below the Industrials sector median of 1.8×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 0.4× | (0.73%) |
| FY2024 | 0.4× | (77.01%) |
| FY2023 | 1.9× | (70.88%) |
| FY2022 | 6.4× | (84.39%) |
| FY2021 | 40.7× | 489.06% |
| FY2020 | 6.9× | 273.95% |
| FY2019 | 1.8× | 44.98% |
| FY2018 | 1.3× | (17.23%) |
| FY2017 | 1.5× | 81.45% |
| FY2016 | 0.8× | (37.81%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jul 2026 | 6.5× | 136.64% |
| Apr 2026 | 2.8× | 167.53% |
| Jan 2026 | 1.0× | 143.68% |
| Oct 2025 | 0.4× | (3.21%) |
| 43 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| ADSE ADS-TEC Energy PLC compare | n/m |
| KE Kimball Electronics, Inc. compare | 0.5× |
| FCEL FuelCell Energy, Inc. | 0.7× |
| TE T1 Energy Inc compare | 1.3× |
| EOSE Eos Energy Enterprises, Inc. compare | 3.8× |
| AMPX Amprius Technologies, Inc. compare | 9.3× |
| ENVX Enovix Corporation compare | 16.2× |
| HYLN Hyliion Holdings Corp. compare | 45.2× |
| FOIL Londian Wason New Energy Tech Inc. - Sponsored ADR compare | — |
| Electrical Equipment & Parts industry median | 1.8× |
| Industrials sector median | 1.8× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)