Event-Driven Stocks

Clean Energy Fuels Corp.

CLNENasdaq

Utilities · Gas & Other Services Combined · DE · SEC filings ↗ · Compare ⊕

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Signs4 good2 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY25FY24FY23FY22FY21FY20
Revenue$424.8M$415.9M$425.2M$420.2M$255.6M$291.7M
Operating income−$159.9M−$36.4M−$76.4M−$51.7M−$95.0M−$9.8M
Net income−$222.0M−$83.1M−$99.5M−$58.7M−$93.1M−$9.9M
Total assets$1.06B$1.24B$1.26B$1.08B$957.1M$715.0M
Total liabilities$491.6M$524.4M$525.8M$354.9M$201.7M$192.2M
Equity$559.4M$713.3M$726.8M$720.0M$747.1M$513.5M
EPS (diluted)$-1.01$-0.37$-0.45$-0.26$-0.44$-0.05
Shares out.223.6M223.2M222.7M222.5M199.2M205.6M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2025
Operating margin
−37.6%
Net margin
−52.3%
Return on equity
−39.7%
Return on assets
−21.0%
Return on capital (ROCE)
−17.7%
Liabilities / assets
46.5%
Debt / equity
0.88×
Book value / share
$2.50
Revenue growth (YoY)
2.2%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2025
Altman Z″ (distress)
-2.39distress
Accruals / assets
29.1%clean
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
68
/ 100
Profitability 0Growth 100Catalyst 67Earnings quality 100Financial strength 75

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

1 severe2 warning4 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

5%+ owners

SEC Schedule 13D / 13G · last 3 yrs

Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 20266.1M4.1+7.7%
Apr 30, 20265.7M4.6-1.1%
Apr 15, 20265.7M4.7+6.9%
Mar 31, 20265.4M3.0-2.0%
Mar 13, 20265.5M4.7+8.0%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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