Clean Energy Fuels Corp.

NasdaqGS:CLNE Stock Report

Market Cap: US$502.2m

Clean Energy Fuels Past Earnings Performance

Past criteria checks 0/6

Clean Energy Fuels's earnings have been declining at an average annual rate of -32.1%, while the Oil and Gas industry saw earnings growing at 24% annually. Revenues have been growing at an average rate of 9.9% per year.

Key information

-32.14%

Earnings growth rate

-30.87%

EPS growth rate

Oil and Gas Industry Growth33.67%
Revenue growth rate9.95%
Return on equity-35.48%
Net Margin-49.59%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Market Cool On Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Revenues Pushing Shares 25% Lower

Nov 20
Market Cool On Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Revenues Pushing Shares 25% Lower

Investors Appear Satisfied With Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Prospects As Shares Rocket 26%

Aug 28
Investors Appear Satisfied With Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Prospects As Shares Rocket 26%

Would Clean Energy Fuels (NASDAQ:CLNE) Be Better Off With Less Debt?

Jul 07
Would Clean Energy Fuels (NASDAQ:CLNE) Be Better Off With Less Debt?

Clean Energy Fuels: The First Billion Is The Hardest

Jun 29

Market Might Still Lack Some Conviction On Clean Energy Fuels Corp. (NASDAQ:CLNE) Even After 26% Share Price Boost

May 27
Market Might Still Lack Some Conviction On Clean Energy Fuels Corp. (NASDAQ:CLNE) Even After 26% Share Price Boost

Positive Sentiment Still Eludes Clean Energy Fuels Corp. (NASDAQ:CLNE) Following 27% Share Price Slump

Apr 09
Positive Sentiment Still Eludes Clean Energy Fuels Corp. (NASDAQ:CLNE) Following 27% Share Price Slump

Clean Energy Fuels Has Never Been Cheaper, But Risks Are Getting More Pronounced

Mar 28

Is Clean Energy Fuels (NASDAQ:CLNE) Using Too Much Debt?

Mar 27
Is Clean Energy Fuels (NASDAQ:CLNE) Using Too Much Debt?
User avatar

The X15N Cummins Engine Will Catalyze RNG Adoption

Strategic partnerships and supportive policies are expected to significantly enhance Clean Energy's revenue growth through increased RNG adoption and fuel volumes.

Clean Energy Fuels Corp. (NASDAQ:CLNE) Just Reported Earnings, And Analysts Cut Their Target Price

Feb 27
Clean Energy Fuels Corp. (NASDAQ:CLNE) Just Reported Earnings, And Analysts Cut Their Target Price

A Piece Of The Puzzle Missing From Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Share Price

Jan 14
A Piece Of The Puzzle Missing From Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Share Price

Is Clean Energy Fuels (NASDAQ:CLNE) A Risky Investment?

Nov 28
Is Clean Energy Fuels (NASDAQ:CLNE) A Risky Investment?

Clean Energy Fuels: Managing Expansion In A Challenging Market Environment

Nov 20

Even With A 30% Surge, Cautious Investors Are Not Rewarding Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Performance Completely

Aug 20
Even With A 30% Surge, Cautious Investors Are Not Rewarding Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Performance Completely

Clean Energy Fuels: A Potential Buy Low Candidate As Financial Performance Improves

Aug 19

Does Clean Energy Fuels (NASDAQ:CLNE) Have A Healthy Balance Sheet?

Jul 03
Does Clean Energy Fuels (NASDAQ:CLNE) Have A Healthy Balance Sheet?

Cautious Investors Not Rewarding Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Performance Completely

May 29
Cautious Investors Not Rewarding Clean Energy Fuels Corp.'s (NASDAQ:CLNE) Performance Completely

Health Check: How Prudently Does Clean Energy Fuels (NASDAQ:CLNE) Use Debt?

Apr 01
Health Check: How Prudently Does Clean Energy Fuels (NASDAQ:CLNE) Use Debt?

Clean Energy Fuels: More Shadows Than Lights Bear A Hold Rating

Mar 26

Is Clean Energy Fuels (NASDAQ:CLNE) Using Debt Sensibly?

Nov 13
Is Clean Energy Fuels (NASDAQ:CLNE) Using Debt Sensibly?

Does Clean Energy Fuels (NASDAQ:CLNE) Have A Healthy Balance Sheet?

Aug 10
Does Clean Energy Fuels (NASDAQ:CLNE) Have A Healthy Balance Sheet?

Health Check: How Prudently Does Clean Energy Fuels (NASDAQ:CLNE) Use Debt?

May 10
Health Check: How Prudently Does Clean Energy Fuels (NASDAQ:CLNE) Use Debt?

Time To Worry? Analysts Are Downgrading Their Clean Energy Fuels Corp. (NASDAQ:CLNE) Outlook

Mar 03
Time To Worry? Analysts Are Downgrading Their Clean Energy Fuels Corp. (NASDAQ:CLNE) Outlook

Revenue & Expenses Breakdown

How Clean Energy Fuels makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:CLNE Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25422-2091100
30 Jun 25421-2041120
31 Mar 25416-2001130
31 Dec 24416-831120
30 Sep 24413-721080
30 Jun 24404-791090
31 Mar 24397-791090
31 Dec 23425-991120
30 Sep 23432-931160
30 Jun 23462-761130
31 Mar 23469-731110
31 Dec 22420-591090
30 Sep 22398-491050
30 Jun 22359-441010
31 Mar 22262-110960
31 Dec 21256-93900
30 Sep 21239-93820
30 Jun 21223-92760
31 Mar 21283-19720
31 Dec 20292-10690
30 Sep 2033634710
30 Jun 2034032720
31 Mar 2035233730
31 Dec 1934420730
30 Sep 19321-14740
30 Jun 19324-20750
31 Mar 19322-27770
31 Dec 18346-4770
30 Sep 18339-39810
30 Jun 18344-122870
31 Mar 18355-128910
31 Dec 17342-79960
30 Sep 17354-551010
30 Jun 17369271020
31 Mar 17396461040
31 Dec 16403-121060
30 Sep 16420-581030
30 Jun 16415-691050
31 Mar 16394-1001090
31 Dec 15384-1341120
30 Sep 15397-831170
30 Jun 15408-901170
31 Mar 15420-921230
31 Dec 14429-901260

Quality Earnings: CLNE is currently unprofitable.

Growing Profit Margin: CLNE is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CLNE is unprofitable, and losses have increased over the past 5 years at a rate of 32.1% per year.

Accelerating Growth: Unable to compare CLNE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CLNE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17.5%).


Return on Equity

High ROE: CLNE has a negative Return on Equity (-35.48%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/07 08:46
End of Day Share Price 2025/12/05 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clean Energy Fuels Corp. is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Carter DriscollAscendiant Capital Markets LLC
Vishal ShahBarclays
Steven MilunovichBofA Global Research