Opal Fuels vs RGC Resources
Opal Fuels is the larger business, with $349m of revenue in fiscal 2025 against $95.3m for RGC Resources (3.7 times as much). Opal Fuels grew faster (16.3% against 12.6%). RGC Resources kept more of each dollar of sales as profit: a net margin of 13.9% against 1.2%.
| Latest fiscal year | Opal FuelsOPAL, 2025 | RGC ResourcesRGCO, 2025 |
|---|---|---|
| Revenue | $349m | $95.3m |
| Revenue growth | 16.3% | 12.6% |
| Net income | $4.3m | $13.3m |
| Operating margin | 2.1% | 19.4% |
| Net margin | 1.2% | 13.9% |
| Return on equity | — | 12.0% |
| Free cash flow | −$34.2m | $8.2m |
| Cash | $24.4m | $2.3m |
| Total debt | $361m | $149m |
| Debt to equity | — | 130.9% |
| Dividend per share | — | $0.83 |
| Dividend yield | — | 3.7% |
| Share buybacks | — | — |
| Employees | 330 | 106 |
| Market value | $43.9m | $239m |
| Price vs our value range | — | Above our value range |
| Moat score | 0 (Weak) | 42 (Weak) |
| Insider trades, 12 months | 14 buys, 0 sales | 59 buys, 0 sales |