📊 CLNE Key Takeaways
Investment Thesis
Clean Energy Fuels is operationally unprofitable with a -52.3% net margin and -37.6% operating margin, losing $222M on $424.8M in revenue. While the company generates positive free cash flow of $59.9M and maintains a solid balance sheet with 2.32x current ratio, the persistent and widening losses (-173% YoY EPS deterioration) indicate fundamental business model challenges that cannot be offset by adequate liquidity.
CLNE Strengths
- Positive free cash flow generation of $59.9M despite operational losses
- Strong liquidity position with 2.32x current ratio and $155.6M cash
- Conservative debt levels with 0.41x debt-to-equity ratio
- Modest revenue growth of 2.2% YoY showing operational traction
CLNE Risks
- Severe operating losses with -37.6% operating margin indicating structural unprofitability
- Net losses worsening in absolute terms while EPS deteriorated 173% YoY
- Negative ROE of -39.7% and ROA of -21.0% destroying shareholder value
- FCF sustainability questionable as operating losses continue to mount
Key Metrics to Watch
- Path to operating profitability and timeline to GAAP profitability
- Operating cash flow trends relative to capital expenditure requirements
- Gross margin or cost structure improvements that could address negative operating income
CLNE Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 2.32x current ratio provides a solid financial cushion.
CLNE Profitability Ratios
CLNE vs Energy Sector
How Clean Energy Fuels Corp. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
CLNE Balance Sheet & Liquidity
CLNE 5-Year Financial Trend
5-Year Trend Summary: Clean Energy Fuels Corp.'s revenue has grown significantly by 24% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.45 indicates the company is currently unprofitable.
CLNE Growth Metrics (YoY)
CLNE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $104.9M | -$18.2M | $-0.08 |
| Q2 2025 | $98.0M | -$16.3M | $-0.07 |
| Q1 2025 | $103.7M | -$18.4M | $-0.08 |
| Q3 2024 | $95.6M | -$18.2M | $-0.08 |
| Q2 2024 | $90.5M | -$16.3M | $-0.07 |
| Q1 2024 | $103.7M | -$18.4M | $-0.08 |
| Q3 2023 | $95.6M | -$9.0M | $-0.04 |
| Q2 2023 | $90.5M | -$13.2M | $-0.06 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
CLNE Capital Allocation
CLNE SEC Filings
Access official SEC EDGAR filings for Clean Energy Fuels Corp. (CIK: 0001368265)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Mar 5, 2026 | 4 | xslF345X05/form4-03052026_100356.xml | View → |
| Mar 5, 2026 | 4 | xslF345X05/form4-03052026_100309.xml | View → |
| Mar 5, 2026 | 4 | xslF345X05/form4-03052026_100319.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/form4-03032026_100352.xml | View → |
| Mar 3, 2026 | 4 | xslF345X05/form4-03032026_100349.xml | View → |
❓ Frequently Asked Questions about CLNE
What is the AI rating for CLNE?
Clean Energy Fuels Corp. (CLNE) has an AI rating of SELL with 85% confidence, based on fundamental analysis of SEC EDGAR filings.
What are CLNE's key strengths?
Positive free cash flow generation of $59.9M despite operational losses. Strong liquidity position with 2.32x current ratio and $155.6M cash.
What are the risks of investing in CLNE?
Severe operating losses with -37.6% operating margin indicating structural unprofitability. Net losses worsening in absolute terms while EPS deteriorated 173% YoY.
What is CLNE's revenue and growth?
Clean Energy Fuels Corp. reported revenue of $424.8M.
Does CLNE pay dividends?
Clean Energy Fuels Corp. does not currently pay dividends.
Where can I find CLNE SEC filings?
Official SEC filings for Clean Energy Fuels Corp. (CIK: 0001368265) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is CLNE's EPS?
Clean Energy Fuels Corp. has a diluted EPS of $-1.01.
How is the AI analysis conducted?
Our AI (Claude) analyzes publicly available SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports to evaluate financial health, profitability ratios, balance sheet strength, and growth metrics.