FuelCell EnergyFCEL +22.20%60 Pretax Margin % is -218.27% as of Apr. 2026. GuruFocus rates FCEL with a GF Score™ of 60/100 and a GF Value™ of $7.92 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 3,038 Industrial Products companies, FuelCell Energy ranks worse than 96.48% on this metric.
The historical rank and industry rank for FuelCell Energy's Pretax Margin % or its related term are showing as below:
FCEL'
s Pretax Margin % Range Over the Past 10 Years
Min: -145.18 Med: -116.56 Max: -46.83
Current: -133.97
FCEL's Pretax Margin % is ranked worse than 96.48% of 3038
companies
in the Industrial Products industry
Industry Median: 5.85
vs FCEL: -133.97
FuelCell Energy (NAS:FCEL) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
FuelCell Energy Pretax Margin % Related Terms
FuelCell Energy Pretax Margin % Historical Data
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The historical data trend for FuelCell Energy's Pretax 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 Electrical Equipment & Parts subindustry, FuelCell Energy's Pretax Margin %, along with its competitors' market caps and Pretax 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.
FuelCell Energy Pretax Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, FuelCell Energy's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where FuelCell Energy's Pretax 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.
FuelCell Energy (FCEL) has a Pretax Margin % of -218.27% as of Apr. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FuelCell Energy and its competitors. According to the industry distribution chart, FuelCell Energy ranks #2931 out of 3038 companies in the Industrial Products industry, placing it in the top 96.5%.
Is FuelCell Energy's Pretax Margin % too high?
FuelCell Energy's current Pretax Margin % is -218.27%. Based on the distribution chart, FuelCell Energy ranks #2931 out of 3038 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, FuelCell Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FuelCell Energy's Pretax Margin % compare to ENR and ADSE?
According to the Industrial Products industry distribution chart, FuelCell Energy ranks #2931 out of 3038 companies for Pretax Margin %. This places FuelCell Energy in the lower half of its industry. The industry median Pretax Margin % is 5.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Industrial Products company?
The median Pretax Margin % among Industrial Products companies is 5.85, based on 3,038 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on FuelCell Energy and its competitors. For the Industrial Products industry, the median Pretax Margin % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FuelCell Energy's current Pretax Margin % is -218.27%. 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 $7.92, compared to a current price of $24.00 — trading 203% above its estimated fair value. The current Pretax Margin % is -218.27%. FuelCell Energy's overall GF Score™ is 60/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For FuelCell Energy (FCEL), the current Pretax Margin % is -218.27% 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 $24.00 is trading 203% above its estimated GF Value™ of $7.92.
GuruFocus considers FuelCell Energy to be Significantly Overvalued.
Key valuation signals for FCEL:
Pretax Margin %: -218.27%
GF Value™: $7.92 vs. price of $24.00 (203% above fair value)
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 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.
60GF Score
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