Clean Gross Profit from 2010 to 2024

CLNE Stock  USD 2.63  0.16  6.48%   
Clean Energy's Gross Profit is decreasing over the years with stable fluctuation. Overall, Gross Profit is expected to go to about 51.9 M this year. Gross Profit is the profit Clean Energy Fuels makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2005-03-31
Previous Quarter
7.8 M
Current Value
18.2 M
Quarterly Volatility
13 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Clean Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Clean main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.2 M, Interest Expense of 15.8 M or Selling General Administrative of 83.1 M, as well as many exotic indicators such as Short Term Coverage Ratios of 5.42, Price To Sales Ratio of 3.43 or Dividend Yield of 0.0049. Clean financial statements analysis is a perfect complement when working with Clean Energy Valuation or Volatility modules.
  
This module can also supplement Clean Energy's financial leverage analysis and stock options assessment as well as various Clean Energy Technical models . Check out the analysis of Clean Energy Correlation against competitors.

Latest Clean Energy's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Clean Energy Fuels over the last few years. Gross profit is a required income statement account that reflects total revenue of Clean Energy Fuels minus its cost of goods sold. It is profit before Clean Energy operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Clean Energy's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Clean Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 112.42 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Clean Gross Profit Regression Statistics

Arithmetic Mean55,337,376
Coefficient Of Variation52.77
Mean Deviation23,107,415
Median58,632,000
Standard Deviation29,199,187
Sample Variance852.6T
Range93M
R-Value(0.11)
Mean Square Error906.2T
R-Squared0.01
Significance0.68
Slope(746,429)
Total Sum of Squares11936.3T

Clean Gross Profit History

202451.9 M
202336 M
202257.7 M
2021-5.1 M
202058.6 M
201982.3 M
201881.6 M

Other Fundumenentals of Clean Energy Fuels

Clean Energy Gross Profit component correlations

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-0.01-0.05-0.14-0.470.050.06-0.460.550.690.09-0.39-0.12-0.03-0.41-0.50.20.220.67-0.23-0.32-0.070.41-0.48-0.06-0.5-0.1-0.22-0.18
0.610.88-0.06-0.470.10.620.77-0.15-0.850.350.670.310.62-0.020.940.15-0.11-0.440.320.620.69-0.560.890.46-0.010.450.710.53
0.810.140.910.050.10.690.170.62-0.010.490.480.850.190.27-0.210.270.960.540.830.55-0.330.68-0.160.060.20.19-0.190.03
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0.06-0.240.43-0.41-0.020.270.01-0.09-0.01-0.06-0.230.260.19-0.26-0.140.190.13-0.020.30.22-0.440.16-0.17-0.310.99-0.19-0.35-0.27
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0.69-0.010.880.22-0.110.960.55-0.010.70.190.440.290.80.070.13-0.40.240.680.760.36-0.470.81-0.36-0.030.060.07-0.33-0.09
0.32-0.10.390.67-0.440.540.23-0.50.850.680.16-0.170.44-0.1-0.02-0.640.410.680.33-0.21-0.50.75-0.69-0.31-0.13-0.19-0.55-0.38
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Click cells to compare fundamentals

About Clean Energy Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Clean Energy income statement, its balance sheet, and the statement of cash flows. Clean Energy investors use historical funamental indicators, such as Clean Energy's Gross Profit, to determine how well the company is positioned to perform in the future. Although Clean Energy investors may use each financial statement separately, they are all related. The changes in Clean Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Clean Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Clean Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Clean Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Gross Profit36 M51.9 M
Gross Profit Margin 0.08  0.08 

Pair Trading with Clean Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Clean Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Clean Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Clean Stock

  0.9VTNR Vertex Energy Financial Report 14th of May 2024 PairCorr

Moving against Clean Stock

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The ability to find closely correlated positions to Clean Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Clean Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Clean Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Clean Energy Fuels to buy it.
The correlation of Clean Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Clean Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clean Energy Fuels moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Clean Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Clean Energy Fuels is a strong investment it is important to analyze Clean Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Clean Energy's future performance. For an informed investment choice regarding Clean Stock, refer to the following important reports:
Check out the analysis of Clean Energy Correlation against competitors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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When running Clean Energy's price analysis, check to measure Clean Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Clean Energy is operating at the current time. Most of Clean Energy's value examination focuses on studying past and present price action to predict the probability of Clean Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clean Energy's price. Additionally, you may evaluate how the addition of Clean Energy to your portfolios can decrease your overall portfolio volatility.
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Is Clean Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Clean Energy. If investors know Clean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Clean Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
5.12
Earnings Share
(0.45)
Revenue Per Share
1.907
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
The market value of Clean Energy Fuels is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Energy's value that differs from its market value or its book value, called intrinsic value, which is Clean Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Clean Energy's market value can be influenced by many factors that don't directly affect Clean Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Clean Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.