Fervo Energy CoFRVO -0.90%8 Market Cap is $6,947.73 Mil as of Jul. 09, 2026. GuruFocus rates FRVO with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 483 Utilities - Independent Power Producers companies, Fervo Energy Co ranks better than 89.65% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Fervo Energy Co's share price for the quarter that ended in Dec. 2025 was $0. Fervo Energy Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 294.06 Mil. Therefore, Fervo Energy Co's market cap for the quarter that ended in Dec. 2025 was $0.00 Mil.
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Fervo Energy Co's Enterprise Value for Today is $7,145.20 Mil.
Fervo Energy Co (NAS:FRVO) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Fervo Energy Co Market Cap Related Terms
Fervo Energy Co Market Cap Historical Data
* Premium members only.
The historical data trend for Fervo Energy Co's Market Cap 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.
Fervo Energy Co Market Cap Chart
Fervo Energy Co Annual Data
Trend
Dec24
Dec25
Market Cap
0.00
0.00
Fervo Energy Co Semi-Annual Data
Dec24
Dec25
Market Cap
0.00
0.00
FRVO vs MWH, ORA, CWEN: Market Cap Comparison
For the Utilities - Renewable subindustry, Fervo Energy Co's Market Cap, along with its competitors' market caps and Market Cap 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.
Fervo Energy Co Market Cap vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fervo Energy Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Fervo Energy Co's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Fervo Energy Co's Market Cap for the fiscal year that ended in Dec. 2025 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.
Fervo Energy Co (FRVO) has a Market Cap of $6,947.73 Mil as of Jul. 09, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Fervo Energy Co and its competitors. According to the industry distribution chart, Fervo Energy Co ranks #50 out of 483 companies in the Utilities - Independent Power Producers industry, placing it in the top 10.4%.
Is Fervo Energy Co's Market Cap too high?
Fervo Energy Co's current Market Cap is $6,947.73 Mil. The Utilities - Independent Power Producers industry median Market Cap is 201.41. Fervo Energy Co's value of $6,947.73 Mil is 3349.6% above this industry median. Based on the distribution chart, Fervo Energy Co ranks #50 out of 483 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Fervo Energy Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fervo Energy Co's Market Cap compare to MWH and ORA?
According to the Utilities - Independent Power Producers industry distribution chart, Fervo Energy Co ranks #50 out of 483 companies for Market Cap. This places Fervo Energy Co in the top 10% of its industry — outperforming the majority of peers. The industry median Market Cap is 201.41. Fervo Energy Co's value of $6,947.73 Mil is 3349.6% 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 Market Cap for an Utilities - Independent Power Producers company?
The median Market Cap among Utilities - Independent Power Producers companies is 201.41, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fervo Energy Co's current Market Cap of $6,947.73 Mil is 3349.6% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Fervo Energy Co and its competitors. For the Utilities - Independent Power Producers industry, the median Market Cap is 201.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fervo Energy Co's current Market Cap is $6,947.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fervo Energy Co stock overvalued right now?
Fervo Energy Co (FRVO) has a current Market Cap of $6,947.73 Mil. The current Market Cap is $6,947.73 Mil and 3349.6% above the Utilities - Independent Power Producers industry median of 201.41. Fervo Energy Co's overall GF Score™ is 8/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Fervo Energy Co (FRVO), the current Market Cap is $6,947.73 Mil as of Jul. 09, 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.
Fervo Energy Co operates as a geothermal energy developer that builds, owns, and operates geothermal power facilities. Its innovations include technologies such as computational models, horizontal drilling, and distributed fiber optic sensing. The company's revenue is derived mainly from the sale of electricity from geothermal resources, facilitated through long-term PPAs with utilities and other entities.
8GF Score
Get the complete analysis for FRVO
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRVO has been successfully added to your 