Which has grown faster, FTEK or OPAL?

Over the past five years, OPAL grew revenue faster — FTEK at a 2.09% CAGR versus OPAL at 24.28%.

Is FTEK or OPAL more profitable?

OPAL runs the higher net margin — FTEK at -12.75% versus OPAL at 5.51%.

How have FTEK and OPAL total returns compared?

Over the past 5 years, FTEK delivered -0.48% and OPAL delivered -28.84% annualized total return. Past performance doesn't predict future results.

Fuel Tech, Inc. (FTEK) vs OPAL Fuels Inc. (OPAL)

A side-by-side comparison of Fuel Tech, Inc. and OPAL Fuels Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

FTEK

Fuel Tech, Inc.

$52M

$1.68IndustrialsDelayed quote: Oct 6, 2026, 1:54 PM EDT

OPAL

OPAL Fuels Inc.

$49M

$1.75IndustrialsDelayed quote: Oct 6, 2026, 1:52 PM EDT

Total return — FTEK vs OPAL

growth of $100 · dividends reinvested · last 5y

FTEK -21.4% (-4.7%/yr)OPAL -81.8% (-28.9%/yr)FTEK compounded faster over this window

FTEK OPAL

FTEK vs OPAL: by the numbers

•FTEK is the larger company ($52M vs $49M market cap).
•OPAL is profitable (5.51% net margin) while FTEK runs a net loss (-12.75%).
•OPAL grew revenue faster over the past five years (24.28% vs 2.09% CAGR).

Metrics side by side

Valuation

Metric	FTEK	OPAL
Forward P/E	N/A	3.04
P/S ratio	1.91	0.15
P/B ratio	1.40	1.88
EV / EBITDA	N/A	13.13

Profitability

Metric	FTEK	OPAL
Gross margin	44.74%	27.74%
Operating margin	-16.78%	1.97%
Net margin	-12.75%	5.51%
ROE	-9.32%	70.95%
ROIC	-11.97%	0.69%

Growth (annualized)

Metric	FTEK	OPAL
Revenue CAGR (5Y)	2.09%	24.28%
Total return CAGR (5Y)	-0.48%	-28.84%

Frequently asked

Which has grown faster, FTEK or OPAL?: Over the past five years, OPAL grew revenue faster — FTEK at a 2.09% CAGR versus OPAL at 24.28%.
Is FTEK or OPAL more profitable?: OPAL runs the higher net margin — FTEK at -12.75% versus OPAL at 5.51%.
How have FTEK and OPAL total returns compared?: Over the past 5 years, FTEK delivered -0.48% and OPAL delivered -28.84% annualized total return. Past performance doesn't predict future results.

Go deeper

Full FTEK analysis Full OPAL analysis Interactive comparison tool

Dig into the metrics

Fuel Tech ROE OPAL Fuels ROE Fuel Tech operating margin OPAL Fuels operating margin Fuel Tech revenue growth OPAL Fuels revenue growth Fuel Tech free cash flow OPAL Fuels free cash flow

Fuel Tech & OPAL Fuels appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks

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 October 6, 2026.