OPAL FuelsOPAL +7.49%69 Gross Margin % is 26.61% as of Mar. 2026, which is 13% below its 10-year median of 30.43. GuruFocus rates OPAL with a GF Score™ of 69/100 and a GF Value™ of $3.97 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 489 Utilities - Regulated companies, OPAL Fuels ranks worse than 53.37% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. OPAL Fuels's Gross Profit for the
three
months ended in Mar. 2026 was $19.5 Mil. OPAL Fuels's Revenue for the
three
months ended in Mar. 2026 was $73.4 Mil. Therefore, OPAL Fuels's Gross Margin % for the quarter that ended in Mar. 2026 was 26.61%.
The historical rank and industry rank for OPAL Fuels's Gross Margin % or its related term are showing as below:
OPAL'
s Gross Margin % Range Over the Past 10 Years
Min: 23.4 Med: 30.43 Max: 33.38
Current: 29.36
During the past 7 years, the highestGross Margin % of OPAL Fuels was 33.38%. The lowest was 23.40%. And the median was 30.43%.
OPAL's Gross Margin % is ranked worse than 53.37% of 489
companies
in the Utilities - Regulated industry
Industry Median: 30.88
vs OPAL: 29.36
OPAL Fuels had a gross margin of 26.61% for the quarter that ended in Mar. 2026 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for OPAL Fuels was 4.30% per year.
OPAL Fuels (NAS:OPAL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
OPAL Fuels had a gross margin of 26.61% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
OPAL Fuels Gross Margin % Related Terms
OPAL Fuels Gross Margin % Historical Data
* Premium members only.
The historical data trend for OPAL Fuels's Gross Margin % 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 Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's Gross Margin % distribution charts can be found below:
* The bar in red indicates where OPAL Fuels's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
OPAL Fuels (OPAL) has a Gross Margin % of 26.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on OPAL Fuels and its competitors. This is 13% below median its historical median of 30.43. Over the past decade, OPAL Fuels' Gross Margin % has ranged from 23.40 to 33.38. According to the industry distribution chart, OPAL Fuels ranks #261 out of 489 companies in the Utilities - Regulated industry, placing it in the top 53.4%.
Is OPAL Fuels' Gross Margin % too high?
OPAL Fuels' current Gross Margin % of 26.61% is 13% below median its 10-year median of 30.43. Over the past 10 years, this metric has ranged from a low of 23.40 to a high of 33.38. The Utilities - Regulated industry median Gross Margin % is 30.88. OPAL Fuels' value of 26.61% is 13.8% below this industry median. Based on the distribution chart, OPAL Fuels ranks #261 out of 489 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, OPAL Fuels has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' Gross Margin % compare to RGCO and ATO?
According to the Utilities - Regulated industry distribution chart, OPAL Fuels ranks #261 out of 489 companies for Gross Margin %. This places OPAL Fuels in the lower half of its industry. The industry median Gross Margin % is 30.88. OPAL Fuels' value of 26.61% is 13.8% below this benchmark. Historically, OPAL Fuels' own Gross Margin % has ranged from 23.40 to 33.38 over the past decade. While the company's 10-year median is 30.43 vs. the industry median of 30.88, OPAL Fuels has consistently been below 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. OPAL Fuels's current Gross Margin % of 26.61% is 13.8% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on OPAL Fuels and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current Gross Margin % is 26.61%, which is 13% below median its own 10-year median of 30.43. 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 $3.97, compared to a current price of $2.01 — trading 49.4% below its estimated fair value. The current Gross Margin % is 26.61%, which is 13% below median its 10-year median of 30.43 and 13.8% below the Utilities - Regulated industry median of 30.88. OPAL Fuels' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For OPAL Fuels (OPAL), the current Gross Margin % is 26.61% 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 $2.01 is trading 49.4% below its estimated GF Value™ of $3.97.
GuruFocus considers OPAL Fuels to be Possible Value Trap.
Key valuation signals for OPAL:
Gross Margin %: 26.61% (13% below median its 10-year median of 30.43)
GF Value™: $3.97 vs. price of $2.01 (49.4% below fair value)
Industry Position: 13.8% below the Utilities - Regulated median (#261 of 489)
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.
69GF Score
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