Clean Energy Fuels (CLNE) Debt/Equity Ratio: History & Chart

Clean Energy Fuels Corp.(CLNE)

Oil & Gas Refining & Marketing · Newport Beach, CA

$1.560.00 (0.00%)

Delayed quote: Oct 5, 2026, 4:00 PM EDT

About Clean Energy Fuels Corp.

Clean Energy Fuels Corp. specializes in providing natural gas as an alternative fuel source and comprehensive fueling infrastructure, primarily serving markets in the United States and Canada. The company supplies various forms of natural gas, including bio-based renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG), specifically for medium and heavy-duty transportation. Beyond fuel delivery, Clean Energy Fuels offers full-spectrum services for fueling stations, encompassing their design, construction, operation, and ongoing maintenance for both public and private vehicle fleet clients. It also sells and services essential equipment, such as compressors, vital for RNG production and fueling facilities. The company facilitates the distribution and sale of CNG, RNG, and LNG via virtual natural gas pipelines and interconnected systems. In addition to its core operations, Clean Energy Fuels actively participates in the environmental credit market. It sells U.S. federal, state, and local government credits—like Renewable Identification Numbers (RINs) and Low Carbon Fuel Standards (LCFS) credits—generated from the use of RNG as vehicle fuel. Concurrently, it secures grants, credits, and incentives from these governmental entities. A strategic initiative for the company involves the development, ownership, and operation of projects focused on producing RNG from dairy and other livestock waste. Its diverse clientele includes heavy-duty trucking, airports, waste management, public transit, industrial users, institutional energy consumers, and government fleets. As of December 31, 2021, Clean Energy Fuels served approximately 1,000 fleet customers, supporting around 48,000 vehicles. Its expansive network included roughly 548 fueling stations across 42 U.S. states and an additional 25 stations in Canada, which it either owned, operated, or supplied. Clean Energy Fuels Corp. was established in 2001 and is headquartered in Newport Beach, California.

Newport Beach, CA

503 employees

www.cleanenergyfuels.com

Energy / Oil & Gas Refining & Marketing

Sector: Energy
Industry: Oil & Gas Refining & Marketing
CEO: Barclay F. Corbus

View full financials

CLNE Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.58

DEBT TO EQUITY RATIO AVG TTM

0.44

DEBT TO EQUITY RATIO AVG 3Y

0.46

DEBT TO EQUITY RATIO AVG 5Y

0.34

DEBT TO EQUITY RATIO AVG 10Y

0.36

DEBT TO EQUITY RATIO AVG 15Y

0.46

DEBT TO EQUITY RATIO AVG 20Y

0.38

CURRENT VS TTM AVG

+30.94%

CURRENT VS 3Y AVG

+25.84%

CURRENT VS 5Y AVG

+68.84%

CURRENT VS 10Y AVG

+59.13%

CURRENT VS 15Y AVG

+25.33%

CURRENT VS 20Y AVG

+52.89%

SECTOR MEDIAN · ENERGY

0.50

median of 70 covered companies

CURRENT VS SECTOR MEDIAN

+15.92%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Clean Energy Fuels Corp. (CLNE)	$343.55M	0.58	0.44	0.46	0.34
Star Group, L.P. (SGU)vs ›	$423.56M	0.69	1.03	1.02	0.95
enCore Energy Corp. (EU)vs ›	$207.82M	0.51	0.28	0.16	0.11
American Resources Corporation (AREC)vs ›	$186.13M	0.09	0.09	41.30	41.30
Epsilon Energy Ltd. (EPSN)vs ›	$183.25M	0.00	0.20	0.10	0.07
DMC Global Inc. (BOOM)vs ›	$119.96M	0.25	0.48	0.45	0.40
AleAnna, Inc. (ANNA)vs ›	$110.13M	0.00	2.79	1.40	1.40
Array Technologies, Inc. (ARRY)vs ›	$599.92M	N/A	2.68	2.09	2.54
Dawson Geophysical Company (DWSN)vs ›	$86.02M	1.00	0.82	0.49	0.35
Drilling Tools International Corp. (DTI)vs ›	$82.93M	0.66	0.61	0.55	0.93

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Clean Energy Fuels Corp. (CLNE)

$343.55M

0.58

0.44

0.46

0.34

Star Group, L.P. (SGU)vs ›

$423.56M

0.69

1.03

1.02

0.95

enCore Energy Corp. (EU)vs ›

$207.82M

0.51

0.28

0.16

0.11

American Resources Corporation (AREC)vs ›

$186.13M

0.09

41.30

Epsilon Energy Ltd. (EPSN)vs ›

$183.25M

0.00

0.20

0.10

0.07

DMC Global Inc. (BOOM)vs ›

$119.96M

0.25

0.48

0.45

0.40

AleAnna, Inc. (ANNA)vs ›

$110.13M

0.00

2.79

1.40

Array Technologies, Inc. (ARRY)vs ›

$599.92M

N/A

2.68

2.09

2.54

Dawson Geophysical Company (DWSN)vs ›

$86.02M

1.00

0.82

0.49

0.35

Drilling Tools International Corp. (DTI)vs ›

$82.93M

0.66

0.61

0.55

0.93

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The debt to equity ratio for CLNE stock is 0.58.

Is Clean Energy Fuels Corp.'s debt to equity ratio high or low?

The debt to equity ratio of 0.58 is 69% above its 5-year average of 0.34, near the high end of its 5-year range (0.10–0.65).

What is the TTM average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The TTM average debt to equity ratio for CLNE stock is 0.44.

What is the 3Y average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The 3Y average debt to equity ratio for CLNE stock is 0.46.

What is the 5Y average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The 5Y average debt to equity ratio for CLNE stock is 0.34.

What is the 10Y average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The 10Y average debt to equity ratio for CLNE stock is 0.36.

What is the 15Y average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The 15Y average debt to equity ratio for CLNE stock is 0.46.

What is the 20Y average debt to equity ratio for Clean Energy Fuels Corp. (CLNE)?

The 20Y average debt to equity ratio for CLNE stock is 0.38.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.58
2026-03-31	0.17
2025-12-31	0.18
2025-09-30	0.65
2025-06-30	0.63
2025-03-31	0.62
2024-12-31	0.51
2024-09-30	0.51
2024-06-30	0.51
2024-03-31	0.50
2023-12-31	0.50
2023-09-30	0.33
2023-06-30	0.31
2023-03-31	0.30
2022-12-31	0.28
2022-09-30	0.11
2022-06-30	0.11
2022-03-31	0.11
2021-12-31	0.11
2021-09-30	0.10
2021-06-30	0.10
2021-03-31	0.25
2020-12-31	0.23
2020-09-30	0.13
2020-06-30	0.13
2020-03-31	0.23
2019-12-31	0.23
2019-09-30	0.28
2019-06-30	0.28
2019-03-31	0.28
2018-12-31	0.17
2018-09-30	0.48
2018-06-30	0.47
2018-03-31	0.61
2017-12-31	0.61
2017-09-30	0.58
2017-06-30	0.48
2017-03-31	0.47
2016-12-31	0.67
2016-09-30	0.80
2016-06-30	1.26
2016-03-31	1.57
2015-12-31	1.89
2015-09-30	1.66
2015-06-30	1.54
2015-03-31	1.44
2014-12-31	1.30
2014-09-30	1.42
2014-06-30	1.35
2014-03-31	1.27
2013-12-31	1.21
2013-09-30	1.14
2013-06-30	0.66
2013-03-31	0.57
2012-12-31	0.61
2012-09-30	0.66
2012-06-30	0.55
2012-03-31	0.55
2011-12-31	0.54
2011-09-30	0.70
2011-06-30	0.22
2011-03-31	0.21
2010-12-31	0.16
2010-09-30	0.18
2010-06-30	0.04
2010-03-31	0.05
2009-12-31	0.04
2009-09-30	0.11
2009-06-30	0.13
2009-03-31	0.13
2008-12-31	0.11
2008-09-30	0.10
2008-06-30	0.00
2008-03-31	0.00
2007-12-31	0.00
2007-09-30	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-31	0.00
2006-09-30	0.00
2006-06-30	0.01
2006-03-31	0.00
2005-12-31	0.05
2005-09-30	0.00
2005-06-30	0.00
2005-03-31	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.58

2026-03-31

0.17

2025-12-31

0.18

2025-09-30

0.65

2025-06-30

0.63

2025-03-31

0.62

2024-12-31

0.51

2024-09-30

0.51

2024-06-30

0.51

2024-03-31

0.50

2023-12-31

0.50

2023-09-30

0.33

2023-06-30

0.31

2023-03-31

0.30

2022-12-31

0.28

2022-09-30

0.11

2022-06-30

0.11

2022-03-31

0.11

2021-12-31

0.11

2021-09-30

0.10

2021-06-30

0.10

2021-03-31

0.25

2020-12-31

0.23

2020-09-30

0.13

2020-06-30

0.13

2020-03-31

0.23

2019-12-31

0.23

2019-09-30

0.28

2019-06-30

0.28

2019-03-31

0.28

2018-12-31

0.17

2018-09-30

0.48

2018-06-30

0.47

2018-03-31

0.61

2017-12-31

0.61

2017-09-30

0.58

2017-06-30

0.48

2017-03-31

0.47

2016-12-31

0.67

2016-09-30

0.80

2016-06-30

1.26

2016-03-31

1.57

2015-12-31

1.89

2015-09-30

1.66

2015-06-30

1.54

2015-03-31

1.44

2014-12-31

1.30

2014-09-30

1.42

2014-06-30

1.35

2014-03-31

1.27

2013-12-31

1.21

2013-09-30

1.14

2013-06-30

0.66

2013-03-31

0.57

2012-12-31

0.61

2012-09-30

0.66

2012-06-30

0.55

2012-03-31

0.55

2011-12-31

0.54

2011-09-30

0.70

2011-06-30

0.22

2011-03-31

0.21

2010-12-31

0.16

2010-09-30

0.18

2010-06-30

0.04

2010-03-31

0.05

2009-12-31

0.04

2009-09-30

0.11

2009-06-30

0.13

2009-03-31

0.13

2008-12-31

0.11

2008-09-30

0.10

2008-06-30

0.00

2008-03-31

0.00

2007-12-31

0.00

2007-09-30

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-31

0.00

2006-09-30

0.00

2006-06-30

0.01

2006-03-31

0.00

2005-12-31

0.05

2005-09-30

0.00

2005-06-30

0.00

2005-03-31

0.00

Debt to Equity Ratio: 0.58

CLNE Debt to Equity Ratio

CLNE Average Debt to Equity Ratio Chart

CLNE Current vs Average Debt to Equity Ratio Chart

CLNE Debt to Equity Ratio Metrics

CLNE Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

CLNE Debt to Equity Ratio History

Related Metrics