OPAL (OPAL Fuels) 3-Year ROIIC % : 1.51% (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is OPAL Fuels 3-Year ROIIC %?

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. OPAL Fuels's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was 1.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for OPAL Fuels's 3-Year ROIIC % or its related term are showing as below:

OPAL's 3-Year ROIIC % is ranked worse than
62.24% of 490 companies
in the Utilities - Regulated industry
Industry Median: 4.44 vs OPAL: 1.51

OPAL Fuels 3-Year ROIIC % Historical Data

The historical data trend for OPAL Fuels's 3-Year ROIIC % 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.

* Premium members only.

OPAL Fuels 3-Year ROIIC % Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

1.51

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
3-Year ROIIC %	Get a 7-Day Free Trial												-	1.51	-	-	-

Competitive Comparison of OPAL Fuels's 3-Year ROIIC %

For the Utilities - Regulated Gas subindustry, OPAL Fuels's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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's 3-Year ROIIC % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where OPAL Fuels's 3-Year ROIIC % falls into.

OPAL Fuels 3-Year ROIIC % Calculation

OPAL Fuels's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %	=	3-Year Incremental Net Operating Profit After Taxes (NOPAT)^**	/	3-Year Incremental Invested Capital^**
	=	( 6.381 (Dec. 2023) - -1.274 (Dec. 2020) )	/	( 642.507 (Dec. 2023) - 135.504 (Dec. 2020) )
	=	7.655	/	507.003
	=	1.51%^***

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

OPAL Fuels (NAS:OPAL) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.

OPAL Fuels 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of OPAL Fuels's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.

OPAL Fuels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » OPAL Fuels Inc (NAS:OPAL) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

N/A

Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-de-carbonize 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.