Financials Clean Energy Fuels Corp.

Equities

CLNE

US1844991018

Oil & Gas Refining and Marketing

Market Closed - Nasdaq Other stock markets 04:00:00 2025-01-14 pm EST			5-day change	1st Jan Change
2.700 ^USD	-1.10%		-10.60%	+7.57%

Dec. 11	Clean Energy Wins Riverside Transit Agency Contract to Set Up New Hydrogen Station in California	MT
Dec. 11	Clean Energy to Design and Build New Hydrogen Station for Riverside Transit Agency	CI

Projected Income Statement: Clean Energy Fuels Corp.

income-statement-evolution-chart CLEAN-ENERGY-FUELS-CORP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	344.1	291.7	255.6	420.2	425.2	403.8	438.5	479.9
Change	-	-15.21%	-12.37%	64.35%	1.19%	-5.02%	8.58%	9.44%
EBITDA ¹	85.58	45.07	57.03	50	43.57	70.33	89.08	117.5
Change	-	-47.34%	26.53%	-12.32%	-12.86%	61.41%	26.66%	31.87%
EBIT ¹	9.928	-9.844	-95.05	-51.71	-76.4	-32.65	-47.48	18.2
Change	-	-	865.54%	-45.6%	47.76%	57.26%	-45.41%	-
Interest Paid ¹	-5.137	-6.003	-3.348	-2.934	-11.78	-18.49	-19.3	-24.38
Earnings before Tax (EBT) ¹	14.12	-11.22	-94.04	-59.37	-100.5	-70.03	-86.75	-27.45
Change	-	-	738.11%	-36.86%	69.31%	30.33%	-23.87%	68.36%
Net income ¹	20.42	-9.864	-93.15	-58.73	-99.5	-76.12	-88.08	-32.42
Change	-	-	844.3%	-36.95%	69.41%	23.5%	-15.71%	63.19%
Announcement Date	3/10/20	3/9/21	2/24/22	2/28/23	2/27/24	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales ¹	119.6	86.01	59.87	70.89	74.96	77.14	0.48	86.1	91.93	83.5	97.22	125.7	113.8	132.2	90.55	95.57	106.9	103.7	97.95	104.9	99.87	98.14	101.1	104.9	106.1	110.5	111.4	115.8
Change	-	-28.1%	-30.38%	18.39%	5.74%	2.91%	-99.38%	17,836.46%	6.78%	-9.17%	16.44%	29.28%	-9.49%	16.2%	-31.5%	5.55%	11.81%	-2.95%	-5.55%	7.07%	-4.78%	-1.73%	2.99%	3.8%	1.12%	4.18%	0.75%	3.99%
EBITDA ¹	56.96	11.22	9.244	11	13.61	11.67	13.96	13.41	18.03	3.263	10.02	24.08	12.64	-3.968	12.14	14.25	21.15	12.81	18.95	21.28	19.87	16.94	20.19	24.45	29.08	31.42	34.08	39.28
Change	-	-80.31%	-17.59%	19.03%	23.68%	-14.26%	19.62%	-3.94%	34.44%	-81.9%	207.02%	140.36%	-47.49%	-	-	17.33%	48.47%	-39.45%	47.95%	12.32%	-6.61%	-14.76%	19.18%	21.09%	18.96%	8.03%	8.46%	15.28%
EBIT ¹	34.77	2.486	-7.176	-2.786	-2.368	-6.434	-79.42	-3.101	-6.095	-20.06	-11.87	-8.628	-11.15	-35.41	-13.06	-21.36	-6.569	-9.311	-5.592	-8.528	-9.275	-18.6	-17.07	-16.63	-17.1	-	-	-
Change	-	-92.85%	-	-61.18%	-15%	171.71%	1,134.35%	-96.1%	96.55%	229.07%	-40.8%	-27.33%	29.22%	217.62%	-63.13%	63.65%	-69.25%	41.74%	-39.94%	52.5%	-8.76%	-100.54%	8.24%	2.54%	-2.81%	100%	-	-
Charge d'intérêts ¹	-1.407	-1.829	-1.568	-0.582	-2.024	-1.182	-1.002	-0.704	-0.7	-2.813	-0.242	0.349	-0.228	-4.354	-1.599	-1.342	-7.198	-7.762	-4.282	-4.757	-5.116	-4.587	-4.897	-4.877	-4.957	-	-	-
Earnings before Tax (EBT) ¹	39.89	0.977	-6.959	-2.46	-2.778	-7.364	-79.89	-4.098	-2.681	-24.53	-13.29	-8.982	-12.57	-38.9	-16.54	-26	-19.09	-18.79	-15.71	-18.27	-20.66	-30.76	-28.44	-25.1	-27.14	-	-	-
Change	-	-97.55%	-	-64.65%	12.93%	165.08%	984.91%	-94.87%	-34.58%	814.85%	-45.8%	-32.44%	39.91%	209.51%	-57.47%	57.16%	-26.57%	-1.54%	-16.41%	16.32%	-13.1%	-48.87%	7.56%	11.72%	-8.11%	100%	-	-
Net income ¹	41.08	1.704	-6.736	-2.271	-2.561	-7.169	-79.67	-3.934	-2.376	-24.19	-13.24	-8.973	-12.33	-38.7	-16.3	-25.81	-18.69	-18.44	-16.29	-18.18	-19.97	-27.28	-24.71	-21.87	-23.23	-	-	-
Change	-	-95.85%	-	-66.29%	12.77%	179.93%	1,011.27%	-95.06%	-39.6%	918.14%	-45.29%	-32.2%	37.46%	213.74%	-57.88%	58.35%	-27.6%	-1.31%	-11.66%	11.55%	-9.87%	-36.62%	9.44%	11.47%	-6.22%	100%	-	-
Announcement Date	3/10/20	5/7/20	8/6/20	11/5/20	3/9/21	5/6/21	8/5/21	11/4/21	2/24/22	5/5/22	8/4/22	11/8/22	2/28/23	5/9/23	8/9/23	11/9/23	2/27/24	5/9/24	8/7/24	11/6/24	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Clean Energy Fuels Corp.

balance-sheet-analysis-chart CLEAN-ENERGY-FUELS-CORP

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-49.4	-147	19.6	154	195	192	183
Change	-	-	-397.57%	-86.67%	685.71%	26.46%	-1.54%	-4.69%
Announcement Date	3/10/20	3/9/21	2/24/22	2/28/23	2/27/24	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Clean Energy Fuels Corp.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	27.09	13.27	23.08	44.52	121.3	78.5	70.17	48.25
Change	-	-51%	73.85%	92.93%	172.43%	-35.27%	-10.62%	-31.24%
Free Cash Flow (FCF) ¹	-14.81	47.77	18.22	22.21	-77.5	-16.73	-19.93	42.75
Change	-	-422.56%	-61.85%	21.9%	-448.92%	-78.41%	19.12%	-314.46%
Announcement Date	3/10/20	3/9/21	2/24/22	2/28/23	2/27/24	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Clean Energy Fuels Corp.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	24.87%	15.45%	22.31%	11.9%	10.25%	17.42%	20.32%	24.48%
EBIT Margin (%)	2.89%	-3.37%	-37.18%	-12.31%	-17.97%	-8.09%	-10.83%	3.79%
EBT Margin (%)	4.1%	-3.85%	-36.78%	-14.13%	-23.64%	-17.34%	-19.78%	-5.72%
Net margin (%)	5.94%	-3.38%	-36.44%	-13.98%	-23.4%	-18.85%	-20.09%	-6.76%
FCF margin (%)	-4.3%	16.37%	7.13%	5.29%	-18.23%	-4.14%	-4.55%	8.91%
FCF / Net Income (%)	-72.52%	-484.27%	-19.56%	-37.82%	77.9%	21.98%	22.63%	-131.87%
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	-	-1.88%	-14.78%	0.38%	-1.89%	-0.5%	1.1%	2.7%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	0.39x	3.54x	2.77x	2.15x	1.56x
Debt / Free cash flow	-	-	-	0.88x	-1.99x	-11.64x	-9.62x	4.28x
Capital Intensity
CAPEX / Current Assets (%)	7.87%	4.55%	9.03%	10.6%	28.53%	19.44%	16%	10.05%
CAPEX / EBITDA (%)	31.65%	29.45%	40.46%	89.03%	278.35%	111.62%	78.77%	41.08%
CAPEX / FCF (%)	-182.92%	27.79%	126.63%	200.41%	-156.48%	-469.12%	-352.01%	112.87%
Items per share
Cash flow per share ¹	0.331	0.22	0.2676	0.2585	0.2353	0.31	0.295	0.43
Change	-	-33.53%	21.64%	-3.4%	-8.97%	31.75%	-4.84%	45.76%
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	2.587	3.355	3.237	3.259	3.196	2.947	2.853
Change	-	-	29.68%	-3.52%	0.68%	-1.92%	-7.81%	-3.17%
EPS ¹	0.1	-0.05	-0.44	-0.26	-0.45	-0.3289	-0.392	-0.1153
Change	-	-150%	780%	-40.91%	73.08%	-26.91%	19.17%	-70.59%
Nbr of stocks (in thousands)	204,723	198,270	223,088	222,428	223,023	223,457	223,457	223,457
Announcement Date	3/10/20	3/9/21	2/24/22	2/28/23	2/27/24	-	-	-