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Clean Energy FuelsCLNE -0.62%61 Debt-to-Equity is 0.58 as of Jun. 2026, which is 45% above its 10-year median of 0.40. GuruFocus rates CLNE with a GF Score™ of 61/100 and a GF Value™ of $2.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 809 Oil & Gas companies, Clean Energy Fuels ranks worse than 56.86% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Clean Energy Fuels's Debt-to-Equity or its related term are showing as below:
CLNE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.4 Max: 0.8
Current: 0.58
During the past 13 years, the highest Debt-to-Equity Ratio of Clean Energy Fuels was 0.80. The lowest was 0.10. And the median was 0.40.
CLNE's Debt-to-Equity is ranked worse than 56.86% of 809
companies
in the Oil & Gas industry
Industry Median: 0.45
vs CLNE: 0.58
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Clean Energy Fuels Debt-to-Equity Related Terms
Clean Energy Fuels Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Clean Energy Fuels's Debt-to-Equity 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.
CLNE vs SGU, FGPR, BDCO: Debt-to-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Clean Energy Fuels Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Clean Energy Fuels's Debt-to-Equity 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.
Clean Energy Fuels (CLNE) has a Debt-to-Equity of 0.58 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Clean Energy Fuels and its competitors. This is 45% above median its historical median of 0.40. Over the past decade, Clean Energy Fuels' Debt-to-Equity has ranged from 0.10 to 0.80. According to the industry distribution chart, Clean Energy Fuels ranks #460 out of 809 companies in the Oil & Gas industry, placing it in the top 56.9%.
Is Clean Energy Fuels' Debt-to-Equity too high?
Clean Energy Fuels' current Debt-to-Equity of 0.58 is 45% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.80. The Oil & Gas industry median Debt-to-Equity is 0.45. Clean Energy Fuels' value of 0.58 is 28.9% above this industry median. Based on the distribution chart, Clean Energy Fuels ranks #460 out of 809 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Clean Energy Fuels has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Debt-to-Equity compare to SGU and FGPR?
According to the Oil & Gas industry distribution chart, Clean Energy Fuels ranks #460 out of 809 companies for Debt-to-Equity. This places Clean Energy Fuels in the lower half of its industry. The industry median Debt-to-Equity is 0.45. Clean Energy Fuels' value of 0.58 is 28.9% above this benchmark. Historically, Clean Energy Fuels' own Debt-to-Equity has ranged from 0.10 to 0.80 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.45, Clean Energy 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-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.45, based on 809 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Clean Energy Fuels's current Debt-to-Equity of 0.58 is 28.9% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Clean Energy Fuels and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clean Energy Fuels's current Debt-to-Equity is 0.58, which is 45% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (CLNE) is currently considered Possible Value Trap. The stock's GF Value™ is $2.81, compared to a current price of $1.60 — trading 43.1% below its estimated fair value. The current Debt-to-Equity is 0.58, which is 45% above median its 10-year median of 0.40 and 28.9% above the Oil & Gas industry median of 0.45. Clean Energy Fuels' overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Clean Energy Fuels (CLNE), the current Debt-to-Equity is 0.58 as of Jun. 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 Clean Energy Fuels (CLNE) Overvalued in 2026?
Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued.
The current stock price of $1.60 is trading 43.1% below its estimated GF Value™ of $2.81.
GuruFocus considers Clean Energy Fuels to be Possible Value Trap.
Key valuation signals for CLNE:
Debt-to-Equity: 0.58 (45% above median its 10-year median of 0.40)
GF Value™: $2.81 vs. price of $1.60 (43.1% below fair value)
Industry Position: 28.9% above the Oil & Gas median (#460 of 809)
No single metric tells the full story. See the CLNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
61GF Score
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