CLNE
Clean Energy Fuels Corp.
CLNE lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink.
CLNE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable |
CLNE's revenue, profitability, cash flow and balance sheet are all currently stable.
CLNE PE Valuation
CLNE has no meaningful PE right now: it lost money over the past year.
CLNE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect CLNE's losses to shrink, with revenue holding steady.
CLNE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.37 | +$0.57 |
| Q2 2026 | -$0.45 | +$0.46 |
| Q1 2026 | -$0.47 | +$0.42 |
| Q4 2025 | -$1.01 | -$0.64 |
| Q3 2025 | -$0.94 | -$0.62 |
| Q2 2025 | -$0.91 | -$0.55 |
| Q1 2025 | -$0.89 | -$0.53 |
| Q4 2024 | -$0.37 | +$0.08 |
CLNE lost $0.37 per share over the past year, a smaller loss than the year before.
CLNE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $112.2M | +5.7% |
| Q2 2026 | $106.4M | +3.7% |
| Q1 2026 | $117.6M | +13% |
| Q4 2025 | $112.3M | +2.7% |
| Q3 2025 | $106.1M | +1.2% |
| Q2 2025 | $102.6M | +4.8% |
| Q1 2025 | $103.8M | +0.1% |
| Q4 2024 | $109.3M | +2.3% |
CLNE's revenue has grown year over year for 10 quarters in a row: $112M last quarter, up 5.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 0.9% | +14 points |
| Q2 2026 | -4.8% | +4.2 points |
| Q1 2026 | -2.5% | +119 points |
| Q4 2025 | -9.5% | +2.3 points |
| Q3 2025 | -13% | -4.7 points |
| Q2 2025 | -9% | -3.3 points |
| Q1 2025 | -122% | -113 points |
| Q4 2024 | -12% | -5.7 points |
CLNE's operating margin was 0.9% last quarter, up 14 points from the same quarter a year ago.
CLNE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $28.4M | +339% |
| Q2 2026 | $25.1M | -19% |
| Q1 2026 | -$15.3M | -196% |
| Q4 2025 | $6.5M | -37% |
| Q3 2025 | $6.5M | +15300% |
| Q2 2025 | $30.9M | +541% |
| Q1 2025 | $15.9M | +$31.6M |
| Q4 2024 | $10.3M | +10% |
CLNE generated $45M in free cash flow over the past year, down 30% from the year before.
CLNE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.1% | +188K shares |
| 1 year | +0.5% | +1.2M shares |
| 3 years | -1.1% | -2.5M shares |
| 5 years | -1.1% | -2.6M shares |
| Available history | +7% | +14.5M shares |
CLNE has 220M diluted shares, up 0.5% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | $7.5M |
| Q1 2025 | $391,000 |
| Q4 2023 | — |
CLNE hasn't bought back shares in the past year.
CLNE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.9x | Moderate |
| Q2 2026 | 11.0x | High |
| Q1 2026 | 15.9x | High |
| Q4 2024 | 21.0x | High |
| Q3 2024 | 10.1x | High |
| Q2 2024 | 37.7x | High |
| Q4 2022 | 7.3x | High |
| Q3 2022 | 0.8x | Very low |
CLNE's net debt is about 2.9 years of its operating earnings (EBITDA), down from 10 years a year ago.
CLNE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 55.3 | Neutral |
| Stochastic | 65.3 | Neutral |
CLNE's weekly RSI is 55 (neutral) and its Stochastic is 65 (neutral).
CLNE PE vs Energy Sector
| Metric | CLNE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
CLNE has no meaningful PE right now: it lost money over the past year.
CLNE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.61 | 23% above |
| 20 week MA | $1.76 | 12% above |
| 50 week MA | $2.04 | 2.9% below |
| 100 week MA | $2.16 | 8.3% below |
| 200 week MA | $2.88 | 31% below |
CLNE has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 31% below its 200-week average.
CLNE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.16 | $8.35 | +287% |
| 2021 | $8.35 | $6.56 | -21% |
| 2022 | $6.56 | $5.36 | -18% |
| 2023 | $5.36 | $3.83 | -29% |
| 2024 | $3.83 | $2.62 | -32% |
| 2025 | $2.62 | $2.17 | -17% |
| 2026 YTD | $2.17 | $1.98 | -8.8% |
CLNE has finished five years in a row lower, and it's down 8.8% so far in 2026.