Fuelcell Energy

Fuelcell Energy Financial Leverage

The Financial Leverage (Equity Multiplier) of Fuelcell Energy (FCEL) as of Oct 25, 2026 is 1.29. In the previous year, Financial Leverage (Equity Multiplier) was 1.32 — a change of -1.99% (lower).

Financial Leverage

1.29

YoY

-1.99%

Last updated:

Financial Leverage (Equity Multiplier) of Fuelcell Energy is 2025 1.29 . Financial Leverage (Equity Multiplier) of Fuelcell Energy was 2024 1.32 . It decreases by -1.99% lower compared to the previous year.

The Fuelcell Energy Financial Leverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Financial Leverage
Date
Financial Leverage
Jan 1, 2018
1.92 USD
Jan 1, 2019
2.46 USD
Jan 1, 2020
2.06 USD
Jan 1, 2021
1.25 USD
Jan 1, 2022
1.26 USD
Jan 1, 2023
1.29 USD
Jan 1, 2024
1.32 USD
Jan 1, 2025
1.29 USD
The Fuelcell Energy Financial Leverage history
YEARFinancial LeverageYoY
1.29-1.99%
1.32+2.33%
1.29+1.94%
1.26+1.31%
1.25-39.44%
2.06-16.32%
2.46+27.81%
1.92-5.34%
2.03+3.52%
1.96+9.50%
1.79+2.13%
1.76—

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Fuelcell Energy Stock analysis

What does Fuelcell Energy do? FuelCell Energy, Inc. generates revenue by designing, manufacturing, and maintaining fuel cell power solutions for utility companies, municipalities, universities, government entities, and industrial and commercial enterprises. The company offers turnkey power generation solutions including installation, operations, and maintenance of power plants. Its primary products are Direct FuelCell (DFC) plants for tri-generation systems producing electricity, heat, and hydrogen, as well as fuel cell carbon capture solutions for coal or gas-fired power plants. The firm also develops solid oxide fuel cell (SOFC) plants for sub-megawatt applications, targeting commercial and industrial sectors. The company's revenue streams come from selling and operating fuel cell power plants across multiple sectors. Utility companies and government entities purchase DFC plants for distributed baseload power and carbon capture solutions. Industrial enterprises utilize the tri-generation systems for combined electricity, heat, and hydrogen production. Municipalities and universities deploy the technology for sustainable energy solutions. SOFC plants are marketed for sub-megawatt applications in commercial and industrial settings. FuelCell Energy's business model centers on providing comprehensive power solutions through its proprietary molten-carbonate fuel cell technology. The firm's revenue is derived from both the sale of equipment and ongoing service contracts for operations and maintenance. The company's focus on distributed baseload power and carbon capture positions it to serve clients seeking environmentally responsible energy infrastructure. Its products target sectors requiring reliable, clean power generation with additional benefits like hydrogen production and carbon capture capabilities. Fuelcell Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Fuelcell Energy stock

Financial Leverage (Equity Multiplier) of Fuelcell Energy is 1.29 in 2025.

Financial Leverage (Equity Multiplier) of Fuelcell Energy changed from 1.32 to 1.29, representing a -1.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Financial Leverage (Equity Multiplier) Fuelcell Energy since 2006 – with annual values, charts, and detailed analysis.

Financial leverage, also known as the equity multiplier, measures total assets relative to equity. Higher leverage amplifies both returns and risks.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Financial Leverage (Equity Multiplier)'s Fuelcell Energy with sector peers and the industry average to assess whether it is attractive.

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Leverage — Fuelcell Energy

All Key Metrics — Fuelcell Energy