CLNE (Clean Energy Fuels) Financial Strength: 4 (As of Jun. 2026) — 33% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

CLNE Clean Energy Fuels Corp CLNE
60 GF Score
Price $1.64
GF Value $2.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Clean Energy Fuels Financial Strength?

Clean Energy Fuels CLNE +0.61% 60 Financial Strength is 4 as of Jun. 2026, which is 33% below its 10-year median of 6.00. GuruFocus rates CLNE with a GF Score™ of 60/100 and a GF Value™ of $2.81 (Possible Value Trap). The stock has 4 warning signs investors should review.

Clean Energy Fuels has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Clean Energy Fuels did not have earnings to cover the interest expense. Clean Energy Fuels's debt to revenue ratio for the quarter that ended in Jun. 2026 was 0.76. As of today, Clean Energy Fuels's Altman Z-Score is -0.75.


Clean Energy Fuels  (NAS:CLNE) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Clean Energy Fuels has the Financial Strength Rank of 4.


Clean Energy Fuels Financial Strength Related Terms


CLNE vs SGU, FGPR, BDCO: Financial Strength Comparison

For the Oil & Gas Refining & Marketing subindustry, Clean Energy Fuels's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Clean Energy Fuels Financial Strength vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Clean Energy Fuels's Financial Strength distribution charts can be found below:

* The bar in red indicates where Clean Energy Fuels's Financial Strength falls into.


CLNE
60GF Score
Clean Energy Fuels Corp CLNE
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Energy Fuels Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Clean Energy Fuels's Interest Expense for the months ended in Jun. 2026 was $-5.5 Mil. Its Operating Income for the months ended in Jun. 2026 was $-5.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $311.7 Mil.

Clean Energy Fuels's Interest Coverage for the quarter that ended in Jun. 2026 is

Clean Energy Fuels did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Clean Energy Fuels's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(10.827 + 311.739) / 425.436
=0.76

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Clean Energy Fuels has a Z-score of -0.75, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -0.75 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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.

Frequently Asked Questions Learn more about Financial Strength →
What does a Financial Strength of 4 mean?
Clean Energy Fuels (CLNE) has a Financial Strength of 4 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Clean Energy Fuels and its competitors. This is 33% below median its historical median of 6.00. Over the past decade, Clean Energy Fuels' Financial Strength has ranged from 4.00 to 9.00.
Is Clean Energy Fuels' Financial Strength too high?
Clean Energy Fuels' current Financial Strength of 4 is 33% below median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. Overall, Clean Energy Fuels has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Financial Strength compare to SGU and FGPR?
Clean Energy Fuels' Financial Strength of 4 can be compared against companies in the Oil & Gas industry. Historically, Clean Energy Fuels' own Financial Strength has ranged from 4.00 to 9.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Oil & Gas company?
A good Financial Strength depends on the Oil & Gas industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Clean Energy Fuels and its competitors. Clean Energy Fuels's current Financial Strength is 4, which is 33% below median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Fuels stock overvalued right now?
Based on GuruFocus' analysis, Clean Energy Fuels (CLNE) is currently considered Possible Value Trap. The stock's GF Value™ is $2.81, compared to a current price of $1.64 — trading 41.6% below its estimated fair value. The current Financial Strength is 4, which is 33% below median its 10-year median of 6.00. Clean Energy Fuels' overall GF Score™ is 60/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Clean Energy Fuels (CLNE), the current Financial Strength is 4 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.

Is Clean Energy Fuels (CLNE) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of $1.64 is trading 41.6% below its estimated GF Value™ of $2.81. GuruFocus considers Clean Energy Fuels to be Possible Value Trap.

Key valuation signals for CLNE:

  • Financial Strength: 4 (33% below median its 10-year median of 6.00)
  • GF Value™: $2.81 vs. price of $1.64 (41.6% below fair value)
  • GF Score™: 60/100 with 4 warning signs

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


Clean Energy Fuels Business Description

Industry EnergyOil & Gas
Other Exchanges 0I04:UKWIQ:Germany
Address 4675 MacArthur Court, Suite 800, Newport Beach, CA, USA, 92660
Clean Energy Fuels Corp is a natural gas marketer and retailer operating in the United States and Canada. The company supplies compressed natural gas and liquefied natural gas for the United States (U.S.) and Canadian transportation markets. The majority of revenue is generated within the U.S. and mostly consists of compressed natural gas. The firm operates by purchasing natural gas from local utilities; compressing, cooling, or liquefying it at company-owned plants; and selling natural gas products through company-owned or customer-owned fueling stations. It also builds, operates, and maintains natural gas fueling stations for customers.
60GF Score

Get the complete analysis for CLNE

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.64
Price
$2.81
GF Value