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OPAL FuelsOPAL -0.42%71 Debt-to-EBITDA is 117.06 as of Mar. 2026, which is 3107% above its 10-year median of 3.65. GuruFocus rates OPAL with a GF Score™ of 71/100 and a GF Value™ of $3.99 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 449 Utilities - Regulated companies, OPAL Fuels ranks worse than 93.1% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for OPAL Fuels's Debt-to-EBITDA or its related term are showing as below:
OPAL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.27 Med: 3.65 Max: 14.47
Current: 14.47
During the past 7 years, the highest Debt-to-EBITDA Ratio of OPAL Fuels was 14.47. The lowest was -8.27. And the median was 3.65.
OPAL's Debt-to-EBITDA is ranked worse than 93.1% of 449
companies
in the Utilities - Regulated industry
Industry Median: 4.01
vs OPAL: 14.47
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
OPAL Fuels Debt-to-EBITDA Related Terms
OPAL Fuels Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for OPAL Fuels's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, OPAL Fuels's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
OPAL Fuels Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where OPAL Fuels's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
OPAL Fuels (OPAL) has a Debt-to-EBITDA of 117.06 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on OPAL Fuels. This is 3107% above median its historical median of 3.65. According to the industry distribution chart, OPAL Fuels ranks #418 out of 449 companies in the Utilities - Regulated industry, placing it in the top 93.1%.
Is OPAL Fuels' Debt-to-EBITDA too high?
OPAL Fuels' current Debt-to-EBITDA of 117.06 is 3107% above median its 10-year median of 3.65. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. OPAL Fuels' value of 117.06 is 2819.2% above this industry median. Based on the distribution chart, OPAL Fuels ranks #418 out of 449 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, OPAL Fuels has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' Debt-to-EBITDA compare to RGCO and ATO?
According to the Utilities - Regulated industry distribution chart, OPAL Fuels ranks #418 out of 449 companies for Debt-to-EBITDA. This places OPAL Fuels in the lower half of its industry. The industry median Debt-to-EBITDA is 4.01. OPAL Fuels' value of 117.06 is 2819.2% above this benchmark. While the company's 10-year median is 3.65 vs. the industry median of 4.01, OPAL Fuels has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OPAL Fuels's current Debt-to-EBITDA of 117.06 is 2819.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on OPAL Fuels. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current Debt-to-EBITDA is 117.06, which is 3107% above median its own 10-year median of 3.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPAL Fuels stock overvalued right now?
Based on GuruFocus' analysis, OPAL Fuels (OPAL) is currently considered Possible Value Trap. The stock's GF Value™ is $3.99, compared to a current price of $2.36 — trading 40.9% below its estimated fair value. The current Debt-to-EBITDA is 117.06, which is 3107% above median its 10-year median of 3.65 and 2819.2% above the Utilities - Regulated industry median of 4.01. OPAL Fuels' overall GF Score™ is 71/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For OPAL Fuels (OPAL), the current Debt-to-EBITDA is 117.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is OPAL Fuels (OPAL) Overvalued in 2026?
Based on GuruFocus' analysis, OPAL Fuels stock appears to be undervalued.
The current stock price of $2.36 is trading 40.9% below its estimated GF Value™ of $3.99.
GuruFocus considers OPAL Fuels to be Possible Value Trap.
Key valuation signals for OPAL:
Debt-to-EBITDA: 117.06 (3107% above median its 10-year median of 3.65)
GF Value™: $3.99 vs. price of $2.36 (40.9% below fair value)
Industry Position: 2819.2% above the Utilities - Regulated median (#418 of 449)
No single metric tells the full story. See the OPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OPAL Fuels Inc is a fully integrated leader in the capture and conversion of biogas into low-carbon-intensity renewable natural gas and Renewable Power. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-decarbonize industrial sectors. The company designs, develops, constructs, operates, and services Fueling Stations for trucking fleets across the country that use natural gas to displace diesel as their transportation fuel. The company derives revenue from the sale of Renewable Power, design, development, construction, and service of Fueling Stations, and sales of RNG produced by OPAL and third parties as pipeline-quality natural gas. The Company has three operating segments: RNG Fuel, Fuel Station Services, and Renewable Power.
71GF Score
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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