OPALW (OPAL Fuels) Debt-to-Equity: 16.38 (As of Jun. 2026)

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What is OPAL Fuels Debt-to-Equity?

OPAL Fuels OPALW 76 Debt-to-Equity is 16.38 as of Jun. 2026. GuruFocus rates OPALW with a GF Score™ of 76/100. The stock has 7 warning signs investors should review. Among 1,619 Construction companies, OPAL Fuels ranks worse than 99.51% on this metric.

OPAL Fuels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $18.88 Mil. OPAL Fuels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $412.81 Mil. OPAL Fuels's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $26.35 Mil. OPAL Fuels's debt to equity for the quarter that ended in Jun. 2026 was 16.38.

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 OPAL Fuels's Debt-to-Equity or its related term are showing as below:

OPALW' s Debt-to-Equity Range Over the Past 10 Years
Min: -27.23   Med: -0.2   Max: 16364.5
Current: 16.38

During the past 7 years, the highest Debt-to-Equity Ratio of OPAL Fuels was 16364.50. The lowest was -27.23. And the median was -0.20.

OPALW's Debt-to-Equity is ranked worse than
99.51% of 1619 companies
in the Construction industry
Industry Median: 0.4 vs OPALW: 16.38

OPAL Fuels  (NAS:OPALW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


OPAL Fuels Debt-to-Equity Related Terms


OPAL Fuels Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for OPAL 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.

OPAL Fuels Debt-to-Equity Chart

OPAL Fuels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 16,364.50 -0.22 -0.44 -2.01 -27.23

OPAL Fuels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.31 47.27 -27.23 54.41 16.38

OPALW vs RGCO, ATO, NI: Debt-to-Equity Comparison

For the Engineering & Construction subindustry, OPAL 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.


OPAL Fuels Debt-to-Equity vs Construction Industry

For the Construction industry and Industrials sector, OPAL Fuels's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where OPAL Fuels's Debt-to-Equity falls into.



OPAL Fuels Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OPAL Fuels's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

OPAL Fuels's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 16.38 mean?
OPAL Fuels (OPALW) has a Debt-to-Equity of 16.38 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on OPAL Fuels and its competitors. According to the industry distribution chart, OPAL Fuels ranks #1611 out of 1619 companies in the Construction industry, placing it in the top 99.5%.
Is OPAL Fuels' Debt-to-Equity too high?
OPAL Fuels' current Debt-to-Equity is 16.38. The Construction industry median Debt-to-Equity is 0.40. OPAL Fuels' value of 16.38 is 3995% above this industry median. Based on the distribution chart, OPAL Fuels ranks #1611 out of 1619 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, OPAL Fuels has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' Debt-to-Equity compare to RGCO and ATO?
According to the Construction industry distribution chart, OPAL Fuels ranks #1611 out of 1619 companies for Debt-to-Equity. This places OPAL Fuels in the lower half of its industry. The industry median Debt-to-Equity is 0.40. OPAL Fuels' value of 16.38 is 3995% above this benchmark. 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 a Construction company?
The median Debt-to-Equity among Construction companies is 0.40, based on 1,619 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. OPAL Fuels's current Debt-to-Equity of 16.38 is 3995% 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 OPAL Fuels and its competitors. For the Construction industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current Debt-to-Equity is 16.38. 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?
OPAL Fuels (OPALW) has a current Debt-to-Equity of 16.38. The current Debt-to-Equity is 16.38 and 3995% above the Construction industry median of 0.40. OPAL Fuels' overall GF Score™ is 76/100 with 7 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 OPAL Fuels (OPALW), the current Debt-to-Equity is 16.38 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.

OPAL Fuels Business Description

Other Exchanges OPAL:USAX3G:Germany
Address One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601
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.