OPALW (OPAL Fuels) Gross Margin %: 29.34% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is OPAL Fuels Gross Margin %?

OPAL Fuels OPALW 76 Gross Margin % is 29.34% as of Jun. 2026, which is 4% below its 10-year median of 30.43. GuruFocus rates OPALW with a GF Score™ of 76/100. The stock has 7 warning signs investors should review. Among 1,733 Construction companies, OPAL Fuels ranks better than 66.82% 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 Jun. 2026 was $24.47 Mil. OPAL Fuels's Revenue for the three months ended in Jun. 2026 was $83.40 Mil. Therefore, OPAL Fuels's Gross Margin % for the quarter that ended in Jun. 2026 was 29.34%.


The historical rank and industry rank for OPAL Fuels's Gross Margin % or its related term are showing as below:

OPALW' s Gross Margin % Range Over the Past 10 Years
Min: 23.4   Med: 30.43   Max: 33.38
Current: 29.42


During the past 7 years, the highest Gross Margin % of OPAL Fuels was 33.38%. The lowest was 23.40%. And the median was 30.43%.

OPALW's Gross Margin % is ranked better than
66.82% of 1733 companies
in the Construction industry
Industry Median: 20.69 vs OPALW: 29.42

OPAL Fuels had a gross margin of 29.34% for the quarter that ended in Jun. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for OPAL Fuels was 4.30% per year.


OPAL Fuels  (NAS:OPALW) 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 29.34% for the quarter that ended in Jun. 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.

OPAL Fuels Gross Margin % Chart

OPAL Fuels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 30.74 30.88 28.19 33.38 30.43

OPAL Fuels Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Margin % 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 29.10 30.51 30.64 26.61 29.34

OPALW vs RGCO, ATO, NI: Gross Margin % Comparison

For the Engineering & Construction 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 Construction Industry

For the Construction industry and Industrials 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.



OPAL Fuels Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

OPAL Fuels's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=106.2 / 348.975
=(Revenue - Cost of Goods Sold) / Revenue
=(348.975 - 242.794) / 348.975
=30.43 %

OPAL Fuels's Gross Margin for the quarter that ended in Jun. 2026 is calculated as


Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=24.5 / 83.399
=(Revenue - Cost of Goods Sold) / Revenue
=(83.399 - 58.929) / 83.399
=29.34 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 29.34% mean?
OPAL Fuels (OPALW) has a Gross Margin % of 29.34% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on OPAL Fuels and its competitors. This is near 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 #575 out of 1733 companies in the Construction industry, placing it in the top 33.2%.
Is OPAL Fuels' Gross Margin % too high?
OPAL Fuels' current Gross Margin % of 29.34% is near 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 Construction industry median Gross Margin % is 20.69. OPAL Fuels' value of 29.34% is 41.8% above this industry median. Based on the distribution chart, OPAL Fuels ranks #575 out of 1733 companies in the Construction industry, which is above the industry midpoint. Overall, OPAL Fuels has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' Gross Margin % compare to RGCO and ATO?
According to the Construction industry distribution chart, OPAL Fuels ranks #575 out of 1733 companies for Gross Margin %. This puts OPAL Fuels in the upper half of its industry. The industry median Gross Margin % is 20.69. OPAL Fuels' value of 29.34% is 41.8% above 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 20.69, 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 Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.69, based on 1,733 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 29.34% is 41.8% 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 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 Construction industry, the median Gross Margin % is 20.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current Gross Margin % is 29.34%, which is near 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?
OPAL Fuels (OPALW) has a current Gross Margin % of 29.34%. The current Gross Margin % is 29.34%, which is near median its 10-year median of 30.43 and 41.8% above the Construction industry median of 20.69. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For OPAL Fuels (OPALW), the current Gross Margin % is 29.34% 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.