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Side-by-side financial comparison of CAMDEN NATIONAL CORP (CAC) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.
OPAL Fuels Inc. is the larger business by last-quarter revenue ($88.4M vs $64.3M, roughly 1.4× CAMDEN NATIONAL CORP). CAMDEN NATIONAL CORP runs the higher net margin — 34.0% vs 18.3%, a 15.7% gap on every dollar of revenue. Over the past eight quarters, CAMDEN NATIONAL CORP's revenue compounded faster (22.6% CAGR vs 17.6%).
Camden National Bank is a commercial bank headquartered in Camden, Maine, operating as the principal subsidiary of Camden National Corporation, a publicly traded bank holding company. Founded in 1875, the bank became a direct, wholly owned subsidiary of the holding company following a corporate reorganization in 1984. Following the 2025 merger with Northway Financial, the combined institution has approximately $7.0 billion in assets.
OPAL Fuels Inc. is a North American energy company focused on producing and distributing low-carbon renewable natural gas (RNG). It captures methane from landfills, dairy operations and other organic waste streams to produce RNG, which is mainly supplied to heavy-duty transportation fleets, commercial logistics operators and public transport entities to help reduce their greenhouse gas emissions.
CAC vs OPAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $64.3M | $88.4M |
| Net Profit | $21.9M | $16.2M |
| Gross Margin | — | — |
| Operating Margin | — | 7.5% |
| Net Margin | 34.0% | 18.3% |
| Revenue YoY | — | 18.7% |
| Net Profit YoY | — | 401.5% |
| EPS (diluted) | $1.29 | $0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $64.3M | — | ||
| Q4 25 | $68.1M | $88.4M | ||
| Q3 25 | $65.4M | $77.9M | ||
| Q2 25 | $62.3M | $77.4M | ||
| Q1 25 | $60.1M | $83.0M | ||
| Q4 24 | $47.6M | $74.5M | ||
| Q3 24 | $45.0M | $82.6M | ||
| Q2 24 | $42.8M | $69.8M |
| Q1 26 | $21.9M | — | ||
| Q4 25 | $22.6M | $16.2M | ||
| Q3 25 | $21.2M | $11.4M | ||
| Q2 25 | $14.1M | $7.6M | ||
| Q1 25 | $7.3M | $1.3M | ||
| Q4 24 | $14.7M | $-5.4M | ||
| Q3 24 | $13.1M | $17.1M | ||
| Q2 24 | $12.0M | $1.9M |
| Q1 26 | — | — | ||
| Q4 25 | 41.5% | 7.5% | ||
| Q3 25 | 40.5% | 4.6% | ||
| Q2 25 | 28.5% | -1.1% | ||
| Q1 25 | 10.3% | -2.3% | ||
| Q4 24 | 38.7% | -0.5% | ||
| Q3 24 | 35.2% | 14.9% | ||
| Q2 24 | 34.7% | 8.1% |
| Q1 26 | 34.0% | — | ||
| Q4 25 | 33.1% | 18.3% | ||
| Q3 25 | 32.4% | 14.6% | ||
| Q2 25 | 22.6% | 9.8% | ||
| Q1 25 | 12.2% | 1.5% | ||
| Q4 24 | 30.8% | -7.2% | ||
| Q3 24 | 29.1% | 20.7% | ||
| Q2 24 | 28.0% | 2.7% |
| Q1 26 | $1.29 | — | ||
| Q4 25 | $1.33 | $0.08 | ||
| Q3 25 | $1.25 | $0.05 | ||
| Q2 25 | $0.83 | $0.03 | ||
| Q1 25 | $0.43 | $-0.01 | ||
| Q4 24 | $1.00 | $-0.05 | ||
| Q3 24 | $0.90 | $0.09 | ||
| Q2 24 | $0.81 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $24.4M |
| Total DebtLower is stronger | $514.4M | $361.3M |
| Stockholders' EquityBook value | $710.0M | $-12.9M |
| Total Assets | $7.0B | $959.5M |
| Debt / EquityLower = less leverage | 0.72× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $24.4M | ||
| Q3 25 | — | $29.9M | ||
| Q2 25 | — | $29.3M | ||
| Q1 25 | — | $40.1M | ||
| Q4 24 | — | $24.3M | ||
| Q3 24 | — | $31.0M | ||
| Q2 24 | — | $27.6M |
| Q1 26 | $514.4M | — | ||
| Q4 25 | — | $361.3M | ||
| Q3 25 | — | $351.2M | ||
| Q2 25 | — | $331.6M | ||
| Q1 25 | — | $307.0M | ||
| Q4 24 | — | $307.5M | ||
| Q3 24 | — | $252.9M | ||
| Q2 24 | — | $233.3M |
| Q1 26 | $710.0M | — | ||
| Q4 25 | $696.6M | $-12.9M | ||
| Q3 25 | $676.4M | $7.5M | ||
| Q2 25 | $652.1M | $-25.0M | ||
| Q1 25 | $640.1M | $57.1M | ||
| Q4 24 | $531.2M | $-148.4M | ||
| Q3 24 | $529.9M | $-180.1M | ||
| Q2 24 | $508.3M | $-273.0M |
| Q1 26 | $7.0B | — | ||
| Q4 25 | $7.0B | $959.5M | ||
| Q3 25 | $7.0B | $916.7M | ||
| Q2 25 | $6.9B | $905.5M | ||
| Q1 25 | $7.0B | $884.9M | ||
| Q4 24 | $5.8B | $881.1M | ||
| Q3 24 | $5.7B | $831.1M | ||
| Q2 24 | $5.7B | $782.3M |
| Q1 26 | 0.72× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 46.95× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 5.38× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-3.5M |
| Free Cash FlowOCF − Capex | — | $-13.4M |
| FCF MarginFCF / Revenue | — | -15.1% |
| Capex IntensityCapex / Revenue | — | 11.1% |
| Cash ConversionOCF / Net Profit | — | -0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-34.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $63.9M | $-3.5M | ||
| Q3 25 | $36.1M | $18.2M | ||
| Q2 25 | $6.0M | $-7.9M | ||
| Q1 25 | $1.0M | $29.7M | ||
| Q4 24 | $60.9M | $-532.0K | ||
| Q3 24 | $-14.5M | $17.7M | ||
| Q2 24 | $14.5M | $533.0K |
| Q1 26 | — | — | ||
| Q4 25 | $58.2M | $-13.4M | ||
| Q3 25 | $35.4M | $-9.3M | ||
| Q2 25 | $4.5M | $-29.7M | ||
| Q1 25 | $-727.0K | $18.1M | ||
| Q4 24 | $55.4M | $-55.0M | ||
| Q3 24 | $-16.2M | $-5.4M | ||
| Q2 24 | $13.2M | $-22.5M |
| Q1 26 | — | — | ||
| Q4 25 | 85.5% | -15.1% | ||
| Q3 25 | 54.1% | -11.9% | ||
| Q2 25 | 7.3% | -38.4% | ||
| Q1 25 | -1.2% | 21.8% | ||
| Q4 24 | 116.4% | -73.8% | ||
| Q3 24 | -36.0% | -6.5% | ||
| Q2 24 | 30.8% | -32.2% |
| Q1 26 | — | — | ||
| Q4 25 | 8.4% | 11.1% | ||
| Q3 25 | 1.1% | 35.3% | ||
| Q2 25 | 2.4% | 28.2% | ||
| Q1 25 | 2.9% | 13.9% | ||
| Q4 24 | 11.7% | 73.1% | ||
| Q3 24 | 3.8% | 27.9% | ||
| Q2 24 | 3.0% | 32.9% |
| Q1 26 | — | — | ||
| Q4 25 | 2.83× | -0.22× | ||
| Q3 25 | 1.70× | 1.60× | ||
| Q2 25 | 0.43× | -1.04× | ||
| Q1 25 | 0.14× | 23.11× | ||
| Q4 24 | 4.15× | — | ||
| Q3 24 | -1.11× | 1.03× | ||
| Q2 24 | 1.21× | 0.28× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAC
| Net Interest Income | $52.4M | 81% |
| Noninterest Income | $12.0M | 19% |
OPAL
| Fuel Station Services Segment | $65.1M | 74% |
| Related Party | $12.1M | 14% |
| Renewable Power Segment | $8.6M | 10% |
| Other | $2.6M | 3% |
