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Side-by-side financial comparison of Energy Services of America CORP (ESOA) and OPAL Fuels Inc. (OPAL). Click either name above to swap in a different company.

Energy Services of America CORP is the larger business by last-quarter revenue ($114.1M vs $88.4M, roughly 1.3× OPAL Fuels Inc.). On growth, OPAL Fuels Inc. posted the faster year-over-year revenue change (18.7% vs 13.4%). Energy Services of America CORP produced more free cash flow last quarter ($16.8M vs $-13.4M). Over the past eight quarters, Energy Services of America CORP's revenue compounded faster (26.7% CAGR vs 17.6%).

Superior Energy Services is an American oil services company that operates as a holding company for a portfolio of oilfield equipment rentals and well oil and gas services brands.

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.

ESOA vs OPAL — Head-to-Head

Bigger by revenue
ESOA
ESOA
1.3× larger
ESOA
$114.1M
$88.4M
OPAL
Growing faster (revenue YoY)
OPAL
OPAL
+5.4% gap
OPAL
18.7%
13.4%
ESOA
More free cash flow
ESOA
ESOA
$30.1M more FCF
ESOA
$16.8M
$-13.4M
OPAL
Faster 2-yr revenue CAGR
ESOA
ESOA
Annualised
ESOA
26.7%
17.6%
OPAL

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ESOA
ESOA
OPAL
OPAL
Revenue
$114.1M
$88.4M
Net Profit
$16.2M
Gross Margin
12.3%
Operating Margin
4.3%
7.5%
Net Margin
18.3%
Revenue YoY
13.4%
18.7%
Net Profit YoY
401.5%
EPS (diluted)
$0.16
$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.

Revenue
ESOA
ESOA
OPAL
OPAL
Q4 25
$114.1M
$88.4M
Q3 25
$130.1M
$77.9M
Q2 25
$103.6M
$77.4M
Q1 25
$76.7M
$83.0M
Q4 24
$100.6M
$74.5M
Q3 24
$104.7M
$82.6M
Q2 24
$85.9M
$69.8M
Q1 24
$71.1M
$64.0M
Net Profit
ESOA
ESOA
OPAL
OPAL
Q4 25
$16.2M
Q3 25
$11.4M
Q2 25
$7.6M
Q1 25
$1.3M
Q4 24
$-5.4M
Q3 24
$17.1M
Q2 24
$1.9M
Q1 24
$677.0K
Gross Margin
ESOA
ESOA
OPAL
OPAL
Q4 25
12.3%
Q3 25
12.6%
Q2 25
11.6%
Q1 25
0.1%
Q4 24
10.2%
Q3 24
16.8%
Q2 24
17.8%
Q1 24
8.8%
Operating Margin
ESOA
ESOA
OPAL
OPAL
Q4 25
4.3%
7.5%
Q3 25
5.8%
4.6%
Q2 25
3.1%
-1.1%
Q1 25
-10.6%
-2.3%
Q4 24
1.6%
-0.5%
Q3 24
8.4%
14.9%
Q2 24
9.9%
8.1%
Q1 24
-1.5%
5.6%
Net Margin
ESOA
ESOA
OPAL
OPAL
Q4 25
18.3%
Q3 25
14.6%
Q2 25
9.8%
Q1 25
1.5%
Q4 24
-7.2%
Q3 24
20.7%
Q2 24
2.7%
Q1 24
1.1%
EPS (diluted)
ESOA
ESOA
OPAL
OPAL
Q4 25
$0.16
$0.08
Q3 25
$0.26
$0.05
Q2 25
$0.12
$0.03
Q1 25
$-0.41
$-0.01
Q4 24
$0.05
$-0.05
Q3 24
$0.40
$0.09
Q2 24
$1.06
$-0.01
Q1 24
$-0.07
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ESOA
ESOA
OPAL
OPAL
Cash + ST InvestmentsLiquidity on hand
$16.7M
$24.4M
Total DebtLower is stronger
$62.0M
$361.3M
Stockholders' EquityBook value
$60.6M
$-12.9M
Total Assets
$201.0M
$959.5M
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ESOA
ESOA
OPAL
OPAL
Q4 25
$16.7M
$24.4M
Q3 25
$12.2M
$29.9M
Q2 25
$15.3M
$29.3M
Q1 25
$9.9M
$40.1M
Q4 24
$20.3M
$24.3M
Q3 24
$12.9M
$31.0M
Q2 24
$14.5M
$27.6M
Q1 24
$12.1M
$34.2M
Total Debt
ESOA
ESOA
OPAL
OPAL
Q4 25
$62.0M
$361.3M
Q3 25
$72.2M
$351.2M
Q2 25
$59.1M
$331.6M
Q1 25
$50.7M
$307.0M
Q4 24
$59.6M
$307.5M
Q3 24
$33.9M
$252.9M
Q2 24
$31.9M
$233.3M
Q1 24
$45.7M
$208.7M
Stockholders' Equity
ESOA
ESOA
OPAL
OPAL
Q4 25
$60.6M
$-12.9M
Q3 25
$59.2M
$7.5M
Q2 25
$54.4M
$-25.0M
Q1 25
$53.7M
$57.1M
Q4 24
$61.0M
$-148.4M
Q3 24
$58.7M
$-180.1M
Q2 24
$52.0M
$-273.0M
Q1 24
$34.6M
$-382.4M
Total Assets
ESOA
ESOA
OPAL
OPAL
Q4 25
$201.0M
$959.5M
Q3 25
$215.2M
$916.7M
Q2 25
$189.1M
$905.5M
Q1 25
$170.2M
$884.9M
Q4 24
$192.1M
$881.1M
Q3 24
$158.2M
$831.1M
Q2 24
$148.8M
$782.3M
Q1 24
$136.1M
$750.5M
Debt / Equity
ESOA
ESOA
OPAL
OPAL
Q4 25
1.02×
Q3 25
1.22×
46.95×
Q2 25
1.09×
Q1 25
0.94×
5.38×
Q4 24
0.98×
Q3 24
0.58×
Q2 24
0.61×
Q1 24
1.32×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ESOA
ESOA
OPAL
OPAL
Operating Cash FlowLast quarter
$18.8M
$-3.5M
Free Cash FlowOCF − Capex
$16.8M
$-13.4M
FCF MarginFCF / Revenue
14.7%
-15.1%
Capex IntensityCapex / Revenue
1.8%
11.1%
Cash ConversionOCF / Net Profit
-0.22×
TTM Free Cash FlowTrailing 4 quarters
$3.1M
$-34.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ESOA
ESOA
OPAL
OPAL
Q4 25
$18.8M
$-3.5M
Q3 25
$-9.3M
$18.2M
Q2 25
$3.4M
$-7.9M
Q1 25
$1.1M
$29.7M
Q4 24
$8.9M
$-532.0K
Q3 24
$-847.5K
$17.7M
Q2 24
$19.3M
$533.0K
Q1 24
$-2.7M
$13.7M
Free Cash Flow
ESOA
ESOA
OPAL
OPAL
Q4 25
$16.8M
$-13.4M
Q3 25
$-12.0M
$-9.3M
Q2 25
$-582.0K
$-29.7M
Q1 25
$-1.1M
$18.1M
Q4 24
$6.0M
$-55.0M
Q3 24
$-2.9M
$-5.4M
Q2 24
$16.3M
$-22.5M
Q1 24
$-4.9M
$-13.0M
FCF Margin
ESOA
ESOA
OPAL
OPAL
Q4 25
14.7%
-15.1%
Q3 25
-9.3%
-11.9%
Q2 25
-0.6%
-38.4%
Q1 25
-1.4%
21.8%
Q4 24
5.9%
-73.8%
Q3 24
-2.8%
-6.5%
Q2 24
18.9%
-32.2%
Q1 24
-6.9%
-20.4%
Capex Intensity
ESOA
ESOA
OPAL
OPAL
Q4 25
1.8%
11.1%
Q3 25
2.1%
35.3%
Q2 25
3.9%
28.2%
Q1 25
2.9%
13.9%
Q4 24
2.9%
73.1%
Q3 24
2.0%
27.9%
Q2 24
3.6%
32.9%
Q1 24
3.1%
41.8%
Cash Conversion
ESOA
ESOA
OPAL
OPAL
Q4 25
-0.22×
Q3 25
1.60×
Q2 25
-1.04×
Q1 25
23.11×
Q4 24
Q3 24
1.03×
Q2 24
0.28×
Q1 24
20.26×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ESOA
ESOA

Electricals Mechanical And General$49.4M43%
Gas And Petroleum Transmission$24.1M21%
Cost Plus And TM Contracts$23.3M20%
Transferred At Point In Time$17.9M16%

OPAL
OPAL

Fuel Station Services Segment$65.1M74%
Related Party$12.1M14%
Renewable Power Segment$8.6M10%
Other$2.6M3%

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