FuelCell Energy, Inc. (FCEL)

FuelCell Energy Ratios and Metrics

Market cap in millions USD. Fiscal year is November - October.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 9, 2026	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Market Cap	332	412	210	491	1,265	2,929
Market Cap Growth	115.10%	96.11%	-57.19%	-61.18%	-56.80%	396.98%
Enterprise Value	200.61	313.82	151.15	338.7	963.31	2,635
Last Close Price	7.22	8.95	10.32	32.70	93.60	239.70
PE Ratio	-	-1.21	-1.32	-4.13	-8.19	-25.77
PS Ratio	2.06	2.61	1.88	3.98	9.70	42.10
PB Ratio	0.53	0.62	0.32	0.72	1.85	4.56
P/TBV Ratio	0.34	0.35	0.26	0.67	1.75	4.16
P/FCF Ratio	-	-2.79	-0.99	-2.11	-7.97	-20.39
P/OCF Ratio	-	-3.29	-1.38	-3.50	-11.28	-41.59
EV/Sales Ratio	1.18	1.98	1.35	2.74	7.38	37.87
EV/EBITDA Ratio	-	-2.07	-1.24	-3.06	-7.87	-58.53
EV/EBIT Ratio	-	-1.63	-0.95	-2.49	-6.70	-40.61
EV/FCF Ratio	-	-2.12	-0.71	-1.46	-6.07	-18.34
Debt / Equity Ratio	0.19	0.17	0.19	0.17	0.12	0.12
Debt / EBITDA Ratio	-1.12	-0.95	-1.28	-1.26	-0.85	-2.17
Debt / FCF Ratio	-1.24	-0.97	-0.74	-0.60	-0.66	-0.68
Net Debt / Equity Ratio	-0.24	-0.23	-0.17	-0.32	-0.52	-0.54
Net Debt / EBITDA Ratio	1.15	0.99	0.92	1.98	2.93	7.68
Net Debt / FCF Ratio	1.27	1.02	0.53	0.94	2.26	2.41
Asset Turnover	0.18	0.17	0.12	0.13	0.14	0.10
Quick Ratio	6.26	5.13	4.30	5.75	5.58	8.85
Current Ratio	7.96	6.63	6.01	7.23	6.76	10.30
Return on Equity (ROE)	-24.75%	-26.24%	-21.08%	-14.27%	-20.17%	-21.05%
Return on Assets (ROA)	-19.43%	-20.49%	-16.68%	-14.28%	-15.75%	-9.28%
Return on Invested Capital (ROIC)	-30.97%	-31.75%	-27.19%	-28.04%	-34.94%	-17.65%
Return on Capital Employed (ROCE)	-20.87%	-22.18%	-18.01%	-15.61%	-17.15%	-10.08%
Earnings Yield	-53.06%	-82.91%	-75.87%	-24.22%	-12.21%	-3.88%
FCF Yield	-37.64%	-35.85%	-101.04%	-47.36%	-12.55%	-4.90%
Buyback Yield / Dilution	-54.39%	-44.91%	-43.56%	-19.67%	-14.36%	-17.97%

Updated Mar 9, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q