FCEL (FuelCell Energy) Earnings per Share (Diluted): $-6.57 (TTM As of Apr. 2026)

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FCEL FuelCell Energy Inc FCEL
58 GF Score
Price $21.70
GF Value $6.93
Valuation Significantly Overvalued
! 6 Warning Signs
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What is FuelCell Energy Earnings per Share (Diluted)?

FuelCell Energy FCEL -3.00% 58 Earnings per Share (Diluted) is $-6.57 as of Apr. 2026. GuruFocus rates FCEL with a GF Score™ of 58/100 and a GF Value™ of $6.93 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,416 Industrial Products companies, FuelCell Energy ranks better than 78.35% on this metric.

FuelCell Energy's Earnings per Share (Diluted) for the three months ended in Apr. 2026 was $-1.45. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $-6.57.

FuelCell Energy's EPS (Basic) for the three months ended in Apr. 2026 was $-1.45. Its EPS (Basic) for the trailing twelve months (TTM) ended in Apr. 2026 was $-6.57.

FuelCell Energy's EPS without NRI for the three months ended in Apr. 2026 was $-0.53. Its EPS without NRI for the trailing twelve months (TTM) ended in Apr. 2026 was $-3.45.

During the past 3 years, the average EPS without NRIGrowth Rate was 27.20% per year. During the past 5 years, the average EPS without NRI Growth Rate was 10.30% per year. During the past 10 years, the average EPS without NRI Growth Rate was 42.60% per year.

During the past 13 years, FuelCell Energy's highest 3-Year average EPS without NRI Growth Rate was 71.80% per year. The lowest was -154.60% per year. And the median was 17.40% per year.


FuelCell Energy  (NAS:FCEL) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


FuelCell Energy Earnings per Share (Diluted) Related Terms


FuelCell Energy Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for FuelCell Energy's Earnings per Share (Diluted) 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.

FuelCell Energy Earnings per Share (Diluted) Chart

FuelCell Energy Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.30 -11.43 -7.92 -7.83 -7.42

FuelCell Energy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Earnings per Share (Diluted) 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 -1.79 -3.78 -0.85 -0.49 -1.45

FCEL vs PLPC, ENR, TE: Earnings per Share (Diluted) Comparison

For the Electrical Equipment & Parts subindustry, FuelCell Energy's PE Ratio, along with its competitors' market caps and PE Ratio 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.


FuelCell Energy PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's PE Ratio distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's PE Ratio falls into.


FCEL
58GF Score
FuelCell Energy Inc FCEL
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FuelCell Energy Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

FuelCell Energy's Earnings Per Share (Diluted) for the fiscal year that ended in Oct. 2025 is calculated as

Diluted Earnings Per Share (A: Oct. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-187.899-3.2)/25.743
=-7.42

FuelCell Energy's Earnings Per Share (Diluted) for the quarter that ended in Apr. 2026 is calculated as

Diluted Earnings Per Share (Q: Apr. 2026 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-77.907-0.8)/54.224
=-1.45

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.57

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of $-6.57 mean?
FuelCell Energy (FCEL) has a Earnings per Share (Diluted) of $-6.57 as of Apr. 2026. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on FuelCell Energy and its competitors. According to the industry distribution chart, FuelCell Energy ranks #523 out of 2416 companies in the Industrial Products industry, placing it in the top 21.6%.
Is FuelCell Energy's Earnings per Share (Diluted) too high?
FuelCell Energy's current Earnings per Share (Diluted) is $-6.57. Based on the distribution chart, FuelCell Energy ranks #523 out of 2416 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, FuelCell Energy has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Earnings per Share (Diluted) compare to PLPC and ENR?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #523 out of 2416 companies for Earnings per Share (Diluted). This places FuelCell Energy in the top 22% of its industry — outperforming the majority of peers. The industry median Earnings per Share (Diluted) is 3.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for an Industrial Products company?
The median Earnings per Share (Diluted) among Industrial Products companies is 3.60, based on 2,416 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on FuelCell Energy and its competitors. For the Industrial Products industry, the median Earnings per Share (Diluted) is 3.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Earnings per Share (Diluted) is $-6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FuelCell Energy stock overvalued right now?
Based on GuruFocus' analysis, FuelCell Energy (FCEL) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.93, compared to a current price of $21.70 — trading 213.1% above its estimated fair value. The current Earnings per Share (Diluted) is $-6.57. FuelCell Energy's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Earnings per Share (Diluted) is $-6.57 as of Apr. 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 FuelCell Energy (FCEL) Overvalued in 2026?

Based on GuruFocus' analysis, FuelCell Energy stock appears to be overvalued. The current stock price of $21.70 is trading 213.1% above its estimated GF Value™ of $6.93. GuruFocus considers FuelCell Energy to be Significantly Overvalued.

Key valuation signals for FCEL:

  • Earnings per Share (Diluted): $-6.57
  • GF Value™: $6.93 vs. price of $21.70 (213.1% above fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the FCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FuelCell Energy Business Description

Address 3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a clean energy technology company engaged in the development, design, production, and servicing of high temperature fuel cells for clean electric power generation. The Company provides proprietary molten carbonate fuel cell systems that generate electricity electrochemically with ultra low emissions and high efficiency, and operates as a solutions provider managing the design, manufacturing, installation, and maintenance of its systems under long term power purchase, service, and engineering procurement agreements. The Company serves utilities, data centers, and commercial and industrial customers, and operates in the United States, South Korea, Europe, and Canada, with maximum revenue generated from the United States.
58GF Score

Get the complete analysis for FCEL

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.70
Price
$6.93
GF Value