FuelCell Energy, Inc. (FCEL) vs Red Cat Holdings, Inc. (RCAT)

A side-by-side comparison of FuelCell Energy, Inc. and Red Cat Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 26, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnFCEL vs RCAT

growth of $100 · dividends reinvested · last 10y
FCEL -99.0% (-36.8%/yr)RCAT -98.3% (-33.5%/yr)RCAT compounded faster over this window
0100200300Start $10020182020202220242026$1$2
FCEL RCAT

FCEL vs RCAT: by the numbers

  • FCEL is the larger company ($1.52B vs $1.36B market cap).
  • Both run net losses; FCEL's is the smaller (-132.72% vs -263.55% net margin).
  • RCAT grew revenue faster over the past five years (51.67% vs 21.07% CAGR).

Metrics side by side

Valuation

MetricFCELRCAT
Forward P/EN/A81.18
P/S ratio6.2320.37
P/B ratio1.454.52

Profitability

MetricFCELRCAT
Gross margin-18.20%7.09%
Operating margin-76.65%-163.51%
Net margin-132.72%-263.55%
ROE-30.97%-33.08%
ROIC-16.36%-26.62%

Growth (annualized)

MetricFCELRCAT
Revenue CAGR (5Y)21.07%51.67%
EPS CAGR (5Y)N/A-68.91%
Total return CAGR (5Y)-36.51%28.18%

Frequently asked

Which has grown faster, FCEL or RCAT?
Over the past five years, RCAT grew revenue faster — FCEL at a 21.07% CAGR versus RCAT at 51.67%.
How have FCEL and RCAT total returns compared?
Over the past 10 years, FCEL delivered -36.74% and RCAT delivered -37.36% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 26, 2026.