Clean Energy Fuels annual debt-to-equity ratio
2010
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2025
Clean Energy Fuels Debt-to-Equity Ratio Growth & History (CLNE)
Clean Energy Fuels's debt-to-equity ratio was 0.58 for fiscal 2025.
View full Clean Energy Fuels company overviewClean Energy Fuels annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.58 | 0.07 | +13.71% |
| 2024 | 2024-12-31 | 0.51 | 0.02 | +3.20% |
| 2023 | 2023-12-31 | 0.50 | 0.22 | +77.01% |
| 2022 | 2022-12-31 | 0.28 | 0.17 | +154.33% |
| 2021 | 2021-12-31 | 0.11 | −0.11 | −51.05% |
| 2020 | 2020-12-31 | 0.23 | −0.00 | −1.40% |
| 2019 | 2019-12-31 | 0.23 | 0.06 | +37.77% |
| 2018 | 2018-12-31 | 0.17 | −0.44 | −72.79% |
| 2017 | 2017-12-31 | 0.61 | −0.06 | −8.57% |
| 2016 | 2016-12-31 | 0.67 | −1.21 | −64.46% |
| 2015 | 2015-12-31 | 1.87 | 0.57 | +43.69% |
| 2014 | 2014-12-31 | 1.30 | 0.10 | +8.20% |
| 2013 | 2013-12-31 | 1.21 | 0.60 | +97.67% |
| 2012 | 2012-12-31 | 0.61 | 0.07 | +13.99% |
| 2011 | 2011-12-31 | 0.54 | 0.43 | +430.28% |
| 2010 | 2010-12-31 | 0.10 | — | — |
Clean Energy Fuels quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.58 | −0.05 | −7.87% |
| Q1 2026 | 2026-03-31 | 0.58 | −0.04 | −5.97% |
| Q4 2025 | 2025-12-31 | 0.58 | 0.07 | +13.71% |
| Q3 2025 | 2025-09-30 | 0.65 | 0.15 | +29.11% |
| Q2 2025 | 2025-06-30 | 0.63 | 0.12 | +23.29% |
| Q1 2025 | 2025-03-31 | 0.62 | 0.12 | +24.05% |
| Q4 2024 | 2024-12-31 | 0.51 | 0.02 | +3.20% |
| Q3 2024 | 2024-09-30 | 0.51 | 0.18 | +53.84% |
| Q2 2024 | 2024-06-30 | 0.51 | 0.21 | +68.16% |
| Q1 2024 | 2024-03-31 | 0.50 | 0.20 | +65.37% |
| Q4 2023 | 2023-12-31 | 0.50 | 0.22 | +77.01% |
| Q3 2023 | 2023-09-30 | 0.33 | 0.22 | +206.11% |
| Q2 2023 | 2023-06-30 | 0.31 | 0.20 | +181.71% |
| Q1 2023 | 2023-03-31 | 0.30 | 0.19 | +169.03% |
| Q4 2022 | 2022-12-31 | 0.28 | 0.17 | +154.33% |
| Q3 2022 | 2022-09-30 | 0.11 | 0.01 | +7.24% |
| Q2 2022 | 2022-06-30 | 0.11 | 0.01 | +5.69% |
| Q1 2022 | 2022-03-31 | 0.11 | −0.13 | −54.48% |
| Q4 2021 | 2021-12-31 | 0.11 | −0.11 | −51.05% |
| Q3 2021 | 2021-09-30 | 0.10 | −0.03 | −22.22% |
| Q2 2021 | 2021-06-30 | 0.10 | −0.03 | −22.17% |
| Q1 2021 | 2021-03-31 | 0.25 | 0.02 | +8.35% |
| Q4 2020 | 2020-12-31 | 0.23 | −0.00 | −1.40% |
| Q3 2020 | 2020-09-30 | 0.13 | −0.09 | −41.71% |
| Q2 2020 | 2020-06-30 | 0.13 | −0.09 | −40.84% |
| Q1 2020 | 2020-03-31 | 0.23 | 0.00 | +1.56% |
| Q4 2019 | 2019-12-31 | 0.23 | 0.06 | +37.77% |
| Q3 2019 | 2019-09-30 | 0.22 | −0.26 | −53.71% |
| Q2 2019 | 2019-06-30 | 0.22 | −0.25 | −52.63% |
| Q1 2019 | 2019-03-31 | 0.22 | −0.38 | −63.11% |
| Q4 2018 | 2018-12-31 | 0.17 | −0.44 | −72.79% |
| Q3 2018 | 2018-09-30 | 0.48 | −0.10 | −17.25% |
| Q2 2018 | 2018-06-30 | 0.47 | −0.01 | −2.06% |
| Q1 2018 | 2018-03-31 | 0.61 | 0.13 | +28.71% |
| Q4 2017 | 2017-12-31 | 0.61 | −0.06 | −8.57% |
| Q3 2017 | 2017-09-30 | 0.58 | −0.23 | −28.22% |
| Q2 2017 | 2017-06-30 | 0.48 | −0.78 | −61.94% |
| Q1 2017 | 2017-03-31 | 0.47 | −1.09 | −69.95% |
| Q4 2016 | 2016-12-31 | 0.67 | −1.21 | −64.46% |
| Q3 2016 | 2016-09-30 | 0.80 | −0.85 | −51.58% |
| Q2 2016 | 2016-06-30 | 1.26 | −0.28 | −17.96% |
| Q1 2016 | 2016-03-31 | 1.57 | 0.13 | +9.04% |
| Q4 2015 | 2015-12-31 | 1.87 | 0.57 | +43.69% |
| Q3 2015 | 2015-09-30 | 1.66 | 0.23 | +16.45% |
| Q2 2015 | 2015-06-30 | 1.54 | 0.19 | +13.88% |
| Q1 2015 | 2015-03-31 | 1.44 | 0.16 | +12.99% |
| Q4 2014 | 2014-12-31 | 1.30 | 0.10 | +8.20% |
| Q3 2014 | 2014-09-30 | 1.42 | 0.28 | +24.80% |
| Q2 2014 | 2014-06-30 | 1.35 | 0.69 | +103.37% |
| Q1 2014 | 2014-03-31 | 1.27 | 0.70 | +123.58% |
| Q4 2013 | 2013-12-31 | 1.21 | 0.60 | +97.67% |
| Q3 2013 | 2013-09-30 | 1.14 | 0.48 | +72.20% |
| Q2 2013 | 2013-06-30 | 0.66 | 0.11 | +19.59% |
| Q1 2013 | 2013-03-31 | 0.57 | 0.08 | +15.85% |
| Q4 2012 | 2012-12-31 | 0.61 | 0.07 | +13.99% |
| Q3 2012 | 2012-09-30 | 0.66 | 0.01 | +1.94% |
| Q2 2012 | 2012-06-30 | 0.55 | 0.40 | +247.40% |
| Q1 2012 | 2012-03-31 | 0.49 | — | — |
| Q4 2011 | 2011-12-31 | 0.54 | 0.43 | +430.28% |
| Q3 2011 | 2011-09-30 | 0.65 | — | — |
| Q2 2011 | 2011-06-30 | 0.16 | — | — |
| Q4 2010 | 2010-12-31 | 0.10 | — | — |
Clean Energy Fuels debt-to-equity ratio trends
Over the last five fiscal years, Clean Energy Fuels's debt-to-equity ratio increased from 0.23 to 0.58, a change of 0.36. The latest reported quarter, Q2 2026, shows 0.58.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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