Clean Energy Fuels (FRA:WIQ) Retained Earnings: €-1,078.6 Mil (As of Mar. 2026)

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.

FRA:WIQ Clean Energy Fuels Corp FRA:WIQ
63 GF Score
Price €1.65
GF Value €2.55
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Clean Energy Fuels Retained Earnings?

Clean Energy Fuels FRA:WIQ -0.30% 63 Retained Earnings is €-1,078.6 Mil as of Mar. 2026. GuruFocus rates FRA:WIQ with a GF Score™ of 63/100 and a GF Value™ of €2.55 (Possible Value Trap). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clean Energy Fuels's retained earnings for the quarter that ended in Mar. 2026 was €-1,078.6 Mil.

Clean Energy Fuels's quarterly retained earnings declined from Sep. 2025 (€-1,015.2 Mil) to Dec. 2025 (€-1,054.3 Mil) and declined from Dec. 2025 (€-1,054.3 Mil) to Mar. 2026 (€-1,078.6 Mil).

Clean Energy Fuels's annual retained earnings declined from Dec. 2023 (€-852.3 Mil) to Dec. 2024 (€-967.0 Mil) and declined from Dec. 2024 (€-967.0 Mil) to Dec. 2025 (€-1,054.3 Mil).


Clean Energy Fuels  (FRA:WIQ) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Clean Energy Fuels Retained Earnings Historical Data

* Premium members only.

The historical data trend for Clean Energy Fuels's Retained Earnings 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.

Clean Energy Fuels Retained Earnings Chart

Clean Energy Fuels Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -682.55 -783.50 -852.33 -966.98 -1,054.32

Clean Energy Fuels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 -1,061.45 -1,012.44 -1,015.22 -1,054.32 -1,078.64
FRA:WIQ
63GF Score
Clean Energy Fuels Corp FRA:WIQ
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Clean Energy Fuels Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €-1,078.6 Mil mean?
Clean Energy Fuels (FRA:WIQ) has a Retained Earnings of €-1,078.6 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Clean Energy Fuels and its competitors.
Is Clean Energy Fuels' Retained Earnings too high?
Clean Energy Fuels' current Retained Earnings is €-1,078.6 Mil. Overall, Clean Energy Fuels has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Fuels' Retained Earnings compare to SGU and FGPR?
Clean Energy Fuels' Retained Earnings of €-1,078.6 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Clean Energy Fuels and its competitors. Clean Energy Fuels's current Retained Earnings is €-1,078.6 Mil. 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 (FRA:WIQ) is currently considered Possible Value Trap. The stock's GF Value™ is €2.55, compared to a current price of €1.65 — trading 35.3% below its estimated fair value. The current Retained Earnings is €-1,078.6 Mil. Clean Energy Fuels' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Clean Energy Fuels (FRA:WIQ), the current Retained Earnings is €-1,078.6 Mil 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 Clean Energy Fuels (FRA:WIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Clean Energy Fuels stock appears to be undervalued. The current stock price of €1.65 is trading 35.3% below its estimated GF Value™ of €2.55. GuruFocus considers Clean Energy Fuels to be Possible Value Trap.

Key valuation signals for FRA:WIQ:

  • Retained Earnings: €-1,078.6 Mil
  • GF Value™: €2.55 vs. price of €1.65 (35.3% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the FRA:WIQ 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 CLNE:USA0I04:UK
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.
63GF Score

Get the complete analysis for FRA:WIQ

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

€1.65
Price
€2.55
GF Value