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Investment Highlights Market Valuation Price Chart About CLNE Interactive Breakdown Better Bets vs. CLNE Latest Trefis Analyses Trade Ideas Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Clean Energy Fuels (CLNE)

Market Price (10/19/2025): $2.72 | Market Cap: $599.5 Mil
Sector: Energy | Industry: Oil & Gas Refining & Marketing

Clean Energy Fuels (CLNE)

Market Price (10/19/2025): $2.72
Market Cap: $599.5 Mil
Sector: Energy
Industry: Oil & Gas Refining & Marketing

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%		 Weak multi-year price returns
2Y Excs Rtn is -83%, 3Y Excs Rtn is -131%		 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -20%
1   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -38%
0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 24%
1 Weak multi-year price returns
2Y Excs Rtn is -83%, 3Y Excs Rtn is -131%
2 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -85 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -20%
3 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -38%

Market Valuation & Key Metrics

CLNES&P 500
REVENUE GROWTHPOOR
Rev LTM ($ Bil)0.4
Rev Chg Q4.8%6.1%
Rev Chg LTM4.1%5.2%
Rev Chg 3Y Avg6.8%5.4%
PROFITABILITYVERY POOR
Op Inc LTM ($ Bil)-0.1
Op Mgn LTM-20.1%18.6%
CFO LTM ($ Bil)0.1
CFO/Rev LTM24.4%20.4%
Net Inc LTM ($ Bil)-0.2
Net Inc Mgn-48.4%12.7%
VALUATIONMODERATE
P/S1.43.2
P/CFO5.815.9
P/FCF23.320.7
P/E-2.924.0
STABILITYGOOD
Debt/Equity0.620.22
Cash/Assets0.220.07

CLNE Stock

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
CLNE Return236%-22%-15%-26%-34%8%16%
Peers Return-22%55%40%10%-16%20%87%
S&P 500 Return16%27%-19%24%23%13%106%

Monthly Win Rates [3]
CLNE Win Rate50%58%50%33%42%56% 
Peers Win Rate35%48%53%42%32%66% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
CLNE Max Drawdown-54%-23%-32%-39%-42%-47% 
Peers Max Drawdown-55%-2%-5%-12%-19%-22% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: GPRE, DLXY, MPC, PSX, VLO. See CLNE Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/17/2025 (YTD)

Downturns Compared

Unique KeyEventCLNES&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-83.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven489.9%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-62.6%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven167.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven119 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-59.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven145.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven700 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-82.4%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven467.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven476 days1480 days


How Low Can It Go?

Clean Energy Fuels's stock fell -83.0% during the 2022 Inflation Shock from a high on 2/9/2021. A -83.0% loss requires a 489.9% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

Better Bets than Clean Energy Fuels (CLNE)

 CLNEBetter Performance than CLNE
MetricValueIndustry (Oil & Gas Refining & Marketing)
Rev Chg LTM4.1%ARIS (16.4%)
Rev Chg 3Y Avg6.8%PARR (9.1%), ARIS (20.5%)
Op Mgn LTM-20.1%MPC (3.1%), PSX (0.6%), VLO (1.7%), DINO (0.1%), CVI (-4.5%)
CFO/Rev LTM24.4%ARIS (39.3%)
FCF/Rev LTM6.1%ARIS (21.7%)
Total Yield-34.0%MPC (5.8%), PSX (6.9%), VLO (4.4%), DINO (3.0%), CVI (-8.2%)
 CLNEBetter Performance than CLNE
MetricValueAll Other Sectors
Rev Chg LTM4.1%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), AMZN (10.9%)
Rev Chg 3Y Avg6.8%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), AMZN (11.3%), META (13.0%)
Op Mgn LTM-20.1%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), AMZN (11.4%)
CFO/Rev LTM24.4%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM6.1%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield-34.0%NVDA (2.0%), MSFT (3.3%), AAPL (3.0%), GOOGL (4.1%), AMZN (3.1%)
 Best Bets In Energy Sector
 CLNETPL AM MGY INSW CTRA DTM EOG WHD CHRD EQT
What You Pay           
P/E-2.946.719.011.29.511.029.510.113.819.528.3
P/EBIT-3.538.310.68.28.18.216.27.69.28.714.6
What You Get           
Rev Chg Q4.8%8.8%12.4%9.7%-24.0%54.6%26.6%-11.2%-5.8%-6.4%106.2%
Rev Chg LTM4.1%10.7%7.1%8.8%-22.0%17.1%15.3%-5.4%-0.7%19.5%59.1%
Rev Chg 3Y Avg6.8%7.8%8.5%5.1%37.6%0.7%8.3%-5.1%28.4%34.0%-1.5%
FCF/Rev 3Y Avg-4.7%47.2%45.4%38.2%33.0%27.6%25.0%24.3%23.1%22.8%22.6%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 5.4%, alpha of -0.1%, and sharpe of 0.25

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1With Clean Energy Fuels Stock Climbed 8.0% In A Week, How Confident Are You?Return 
2Clean Energy Fuels vs. ODP: Neither Seems Like A Good BetPeer Comparison 
3Clean Energy Fuels vs. ACCO Brands: Neither Seems Like A Good BetPeer Comparison 
4Clean Energy Fuels vs. 1-800-Flowers.com: With Return Forecast Of 11%, 1-800-Flowers.com Is A Better BetPeer Comparison 
5Day 14 of Loss Streak for Clean Energy Fuels Stock with -46% Return (vs. -23% YTD) [2/27/2025]Notification 
6Clean Energy Fuels vs. Delek US: Both Seem Similar BetsPeer Comparison 
7Clean Energy Fuels vs. Green Plains: With Return Forecast Of 11%, Clean Energy Fuels Is A Better BetPeer Comparison 
8Day 13 of Loss Streak for Clean Energy Fuels Stock with -43% Return (vs. -20% YTD) [2/26/2025]Notification 
9Clean Energy Fuels vs. Gogo: With Return Forecast Of 23%, Clean Energy Fuels Is A Better BetPeer Comparison 
10Clean Energy Fuels vs. Glaukos: With Return Forecast Of 23%, Clean Energy Fuels Is A Better BetPeer Comparison 
11ARTICLES  
12What’s Happening With Clean Energy Fuels Stock? October 21st, 2021
13Is Clean Energy Fuels Stock A Buy After Declining 8% Last Week? August 17th, 2021
14Is Clean Energy Fuels Stock Worth A Look After Recent Sell Off? July 6th, 2021
15Is A Correction In The Cards For Clean Energy Fuels Stock? June 21st, 2021
16Clean Energy Fuels: A Meme Stock Worth Investing In? June 7th, 2021
Title
0DASHBOARDS
1What’s Happening With Clean Energy Fuels Stock?
2Is Clean Energy Fuels Stock A Buy After Declining 8% Last Week?
3Is Clean Energy Fuels Stock Worth A Look After Recent Sell Off?
4Is A Correction In The Cards For Clean Energy Fuels Stock?
5Clean Energy Fuels: A Meme Stock Worth Investing In?
6ARTICLES
7With Clean Energy Fuels Stock Climbed 8.0% In A Week, How Confident Are You?
8Clean Energy Fuels vs. ODP: Neither Seems Like A Good Bet
9Clean Energy Fuels vs. ACCO Brands: Neither Seems Like A Good Bet
10Clean Energy Fuels vs. 1-800-Flowers.com: With Return Forecast Of 11%, 1-800-Flowers.com Is A Better Bet
11Day 14 of Loss Streak for Clean Energy Fuels Stock with -46% Return (vs. -23% YTD) [2/27/2025]
12Clean Energy Fuels vs. Delek US: Both Seem Similar Bets
13Clean Energy Fuels vs. Green Plains: With Return Forecast Of 11%, Clean Energy Fuels Is A Better Bet
14Day 13 of Loss Streak for Clean Energy Fuels Stock with -43% Return (vs. -20% YTD) [2/26/2025]
15Clean Energy Fuels vs. Gogo: With Return Forecast Of 23%, Clean Energy Fuels Is A Better Bet
16Clean Energy Fuels vs. Glaukos: With Return Forecast Of 23%, Clean Energy Fuels Is A Better Bet

Trade Ideas

Select past ideas related to CLNE. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-9.4%-9.4%-10.0%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-6.7%-6.7%-7.9%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		88.5%88.5%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-18.1%-18.1%-18.1%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-2.9%-2.9%-11.4%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-9.4%-9.4%-10.0%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-6.7%-6.7%-7.9%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run		88.5%88.5%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin		-18.1%-18.1%-18.1%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		-2.9%-2.9%-11.4%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines256.7%146.9%
2NVTSNavitas Semiconductor78.1%310.6%
3SSIISS Innovations International40.1%23.4%
4FLNCFluence Energy40.0%15.4%
5BTDRBitdeer Technologies35.1%10.8%
6MVSTMicrovast34.6%181.6%
7POWIPower Integrations31.3%-25.4%
8CCOClear Channel Outdoor30.8%24.1%
9IRONDisc Medicine28.7%41.9%
10BEBloom Energy28.4%402.0%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-35.8%-48.4%
2SRRKScholar Rock-29.2%-35.4%
3AIVApartment Investment & Management-28.3%-9.0%
4ALABAstera Labs-22.5%20.6%
5BYRNByrna Technologies-19.7%-26.6%
6BWINBaldwin Insurance-19.5%-40.3%
7ONDSOndas-17.5%197.3%
8URGUr-Energy-17.4%40.0%
9IIINInsteel Industries-16.4%14.6%
10LIFLife360-16.0%112.3%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1WOLFWolfspeed1160.2%365.5%
2PRAXPraxis Precision Medicines320.1%146.9%
3QUREuniQure293.5%228.4%
4FLNCFluence Energy131.4%15.4%
5CLPTClearPoint Neuro123.6%65.0%
6NVTSNavitas Semiconductor117.8%310.6%
7LACLithium Americas110.9%128.6%
8ASTSAST SpaceMobile101.5%295.7%
9BETRBetter Home & Finance97.8%610.2%
10GRALGRAIL97.0%337.0%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1SOCSable Offshore-50.9%-48.4%
2FLYFirefly Aerospace-41.7% 
3PGYPagaya Technologies-39.5%185.3%
4UPWheels Up Experience-37.1%-6.7%
5ALABAstera Labs-36.6%20.6%
6VGVenture Global-35.8% 
7USNAUsana Health Sciences-32.3%-41.8%
8UPSTUpstart-31.7%-24.5%
9DOMODomo-30.8%73.6%
10TROXTronox-30.6%-63.2%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1PRAXPraxis Precision Medicines256.7%146.9%
2NVTSNavitas Semiconductor78.1%310.6%
3SSIISS Innovations International40.1%23.4%
4FLNCFluence Energy40.0%15.4%
5BTDRBitdeer Technologies35.1%10.8%
6MVSTMicrovast34.6%181.6%
7POWIPower Integrations31.3%-25.4%
8CCOClear Channel Outdoor30.8%24.1%
9IRONDisc Medicine28.7%41.9%
10BEBloom Energy28.4%402.0%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1SOCSable Offshore-35.8%-48.4%
2SRRKScholar Rock-29.2%-35.4%
3AIVApartment Investment & Management-28.3%-9.0%
4ALABAstera Labs-22.5%20.6%
5BYRNByrna Technologies-19.7%-26.6%
6BWINBaldwin Insurance-19.5%-40.3%
7ONDSOndas-17.5%197.3%
8URGUr-Energy-17.4%40.0%
9IIINInsteel Industries-16.4%14.6%
10LIFLife360-16.0%112.3%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Clean Energy Fuels

Financials

CLNEGPREDLXYMPCPSXVLOMedian
NameClean En.Green Pl.Delixy Marathon.Phillips.Valero E. 
Mkt Price2.7211.170.83184.47129.27157.7770.22
Mkt Cap0.60.7-56.652.649.249.2
Rev LTM4212,397-133,560132,966123,779123,779
Op Inc LTM-85-91-4,1447982,083798
FCF LTM26-44-3,6471,4883,3411,488
FCF 3Y Avg-21-36-8,3484,6606,9484,660
CFO LTM10340-6,4663,3624,2533,362
CFO 3Y Avg6769-10,7516,7157,9806,715

Growth & Margins

CLNEGPREDLXYMPCPSXVLOMedian
NameClean En.Green Pl.Delixy Marathon.Phillips.Valero E. 
Rev Chg LTM4.1%-15.0%--9.6%-12.4%-11.6%-11.6%
Rev Chg 3Y Avg6.8%-9.8%--5.7%-3.2%-7.2%-5.7%
Rev Chg Q4.8%-10.7%--10.9%-12.6%-13.3%-10.9%
QoQ Delta Rev Chg LTM1.1%-2.7%--3.0%-3.5%-3.6%-3.0%
Op Mgn LTM-20.1%-3.8%-3.1%0.6%1.7%0.6%
Op Mgn 3Y Avg-15.2%-3.4%-6.6%3.5%5.6%3.5%
QoQ Delta Op Mgn LTM-0.6%0.1%--0.0%0.2%-0.1%-0.0%
CFO/Rev LTM24.4%1.6%-4.8%2.5%3.4%3.4%
CFO/Rev 3Y Avg16.1%2.5%-7.2%4.5%5.6%5.6%
FCF/Rev LTM6.1%-1.8%-2.7%1.1%2.7%2.7%
FCF/Rev 3Y Avg-4.7%-1.1%-5.6%3.1%4.8%3.1%

Valuation

CLNEGPREDLXYMPCPSXVLOMedian
NameClean En.Green Pl.Delixy Marathon.Phillips.Valero E. 
Mkt Cap0.60.7-56.652.649.249.2
P/S1.40.3-0.40.40.40.4
P/EBIT-3.5-10.5-10.116.735.410.1
P/E-2.9-4.9-26.530.664.426.5
P/CFO5.818.8-8.815.611.611.6
Total Yield-34.0%-19.8%-5.8%6.9%4.4%4.4%
Dividend Yield0.0%0.7%-2.0%3.6%2.8%2.0%
FCF Yield 3Y Avg-1.4%-3.9%-15.9%9.7%15.4%9.7%
D/E0.60.8-0.50.40.20.5
Net D/E0.20.6-0.50.40.10.4

Returns

CLNEGPREDLXYMPCPSXVLOMedian
NameClean En.Green Pl.Delixy Marathon.Phillips.Valero E. 
1M Rtn1.1%8.7%-85.5%-0.3%-1.6%-3.7%-0.9%
3M Rtn34.0%40.3%-82.4%5.9%3.7%8.8%7.4%
6M Rtn94.3%228.5%-45.3%33.0%45.7%45.7%
12M Rtn-5.9%-4.0%-18.5%1.2%18.9%1.2%
3Y Rtn-57.4%-60.1%-80.1%47.2%39.7%39.7%
1M Excs Rtn0.6%8.2%-86.0%-0.8%-2.1%-4.2%-1.4%
3M Excs Rtn27.0%30.9%-89.4%-0.2%-2.1%3.1%1.4%
6M Excs Rtn68.1%202.4%-19.1%6.9%19.6%19.6%
12M Excs Rtn-21.1%-19.1%-4.9%-12.5%6.4%-12.5%
3Y Excs Rtn-130.7%-146.5%-0.5%-31.2%-36.0%-36.0%

Comparison Analyses

Title
0Clean Energy Fuels vs. ODP: Neither Seems Like A Good Bet
1Clean Energy Fuels vs. ACCO Brands: Neither Seems Like A Good Bet
2Clean Energy Fuels vs. 1-800-Flowers.com: With Return Forecast Of 11%, 1-800-Flowers.com Is A Better Bet
3Clean Energy Fuels vs. Delek US: Both Seem Similar Bets
4Clean Energy Fuels vs. Green Plains: With Return Forecast Of 11%, Clean Energy Fuels Is A Better Bet
5Clean Energy Fuels vs. Gogo: With Return Forecast Of 23%, Clean Energy Fuels Is A Better Bet
6Clean Energy Fuels vs. Glaukos: With Return Forecast Of 23%, Clean Energy Fuels Is A Better Bet
7Clean Energy Fuels vs. EverQuote: With Return Forecast Of 70%, EverQuote Is A Better Bet
8Clean Energy Fuels vs. Jack In The Box: With Return Forecast Of 21%, Clean Energy Fuels Is A Better Bet
9Clean Energy Fuels vs. Armada Hoffler Properties: With Return Forecast Of 49%, Armada Hoffler Properties Is A Better Bet

Financials

$ Mil | FY: 12/312025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q3
Period End6/30/20253/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/2022
Filing Date8/7/20255/8/20252/24/202511/6/20248/7/20245/9/20242/29/202411/9/20238/9/20235/9/20232/28/202311/8/2022
Key Financials Quarterly            
Total Revenue103104109105981041079691132114126
Ebitda-3-68-91302-9-1-24112
Operating Income-9-62-5-9-6-9-7-21-13-35-11-9
Net Income-20-135-30-18-16-18-19-26-16-39-12-9
EPS-0.09-0.60-0.13-0.08-0.07-0.08-0.08-0.12-0.07-0.17-0.06-0.04
Key Financials TTM            
Total Revenue TTM421416416413404397425432462469420398
Ebitda TTM-79-72-47-3-8-32-32-11-1229
Operating Income TTM-85-81-28-30-43-50-76-81-68-67-52-47
Net Income TTM-204-200-83-72-79-79-99-93-76-73-59-49
Growth Rates Quarterly            
Total Revenue Growth4.8%0.1%2.3%9.7%8.2%-21.5%-6.1%-24.0%-6.9%58.3%23.7%46.0%
EBITDA Growth-175.9%-45545.3%-571.7%116.5%370.9%100.6%33.6%-171.3%36.0%-137.2%-84.3%52.2%
Operating Income Growth-65.1%-565.6%26.6%60.1%57.2%73.7%41.1%-147.6%-10.0%-76.6%-82.9%-178.2%
Net Income Growth-24.2%-631.8%-61.4%29.6%0.0%52.3%-51.5%-187.7%-23.2%-60.0%-419.1%-128.1%
Margins Quarterly            
EBITDA Margin-2.6%-65.7%-8.4%1.4%3.5%0.1%1.8%-9.1%-1.4%-18.1%1.3%9.7%
Operating Income Margin-9.0%-59.7%-4.4%-8.1%-5.7%-9.0%-6.1%-22.4%-14.4%-26.8%-9.8%-6.9%
Net Income Margin-19.7%-130.1%-27.6%-17.3%-16.6%-17.8%-17.5%-27.0%-18.0%-29.3%-10.8%-7.1%
Cash & Debt            
Total Cash241227217244249249263174192220264134
Total Debt37436836536637136036122521221020277
Net Debt / (Cash)133142148122122111975021-10-62-57
Cash Flows Quarterly            
FCF from Operations3623222119343812-1935-1
Cash Flows TTM            
FCF from Operations TTM1038565867265443628436740
Returns to Shareholders Quarterly            
Dividends000000000000
Share Repurchases80-0-0-0-0-0-0-0-0-0-0
Return on Invested Capital (ROIC) Quarterly            
ROIC-2.0%-12.9%-1.0%-1.9%-1.2%-2.1%-1.5%-5.2%-3.3%-9.1%-3.0%-2.3%
Return on Invested Capital (ROIC) TTM            
ROIC TTM-4.5%-4.3%-1.5%-1.6%-2.4%-2.8%-4.3%-4.9%-4.3%-4.3%-3.5%-3.1%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Fuel sales287281   
Volume-related, Operate and Maintain (O&M) services5346197245274
Station Construction Sales2622162723
Renewable Identification Numbers (RIN) Credits2635   
Alternative fuel excise tax credit (AFTC)2122 2047
Low Carbon Fuel Standard (LCFS) Credits1013   
Other services31   
Change in fair value of derivative instruments-01   
Service revenue  43  
Other    0
Total425420256292344


Price Behavior

CLNE Betas & Captures as of 9/30/2025

 1M2M3M6M1Y3Y
Beta0.592.522.751.551.571.72
Up Beta3.625.435.001.892.072.14
Down Beta1.611.662.550.630.891.15
Up Capture-24%252%263%295%157%284%
Bmk +ve Days13233574144420
Stock +ve Days10233363113334
Down Capture18%76%127%150%136%110%
Bmk -ve Days8192952107330
Stock -ve Days10172755125393

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity8,170,967
Short Interest: % Change Since 9152025-10.6%
Average Daily Volume1,607,965
Days-to-Cover Short Interest5.08
Basic Shares Quantity220,393,997
Short % of Basic Shares3.7%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
8/7/202512.3%11.8%20.6%
5/8/2025-6.4%14.6%11.7%
2/24/2025-25.5%-29.5%-38.7%
11/6/20240.3%-13.8%-14.8%
8/7/202422.7%31.4%9.9%
5/9/20243.3%8.7%19.9%
2/27/2024-3.9%-9.2%-13.5%
11/9/2023-4.5%-6.8%2.5%
...
SUMMARY STATS   
# Positive111110
# Negative111112
Median Positive5.8%14.6%11.5%
Median Negative-6.7%-9.2%-13.4%
Max Positive22.7%31.4%64.1%
Max Negative-34.7%-29.5%-38.7%

SEC Filings

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Report DateFiling DateFiling
6302025807202510-Q 6/30/2025
3312025508202510-Q 3/31/2025
12312024224202510-K 12/31/2024
93020241106202410-Q 9/30/2024
6302024807202410-Q 6/30/2024
3312024509202410-Q 3/31/2024
12312023229202410-K 12/31/2023
93020231109202310-Q 9/30/2023
6302023809202310-Q 6/30/2023
3312023509202310-Q 3/31/2023
12312022228202310-K 12/31/2022
93020221108202210-Q 9/30/2022
6302022804202210-Q 6/30/2022
3312022505202210-Q 3/31/2022
12312021224202210-K 12/31/2021
93020211104202110-Q 9/30/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Littlefair Andrew JCEO AND PRESIDENT8152025Sell2.25250,000562,5003,362,933Form
1Vreeland Robert M.CHIEF FINANCIAL OFFICER3242025Buy1.675,0008,3501,072,036Form
2Vreeland Robert M.CHIEF FINANCIAL OFFICER3062025Buy1.8310,00018,3001,165,597Form
3Vreeland Robert M.CHIEF FINANCIAL OFFICER2262025Buy1.9415,00029,100890,072Form

Industry Resources

External Quote Links


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