Latest Ratios: P/E Ratio 24.5x · EV/EBITDA 21.3x · ROE 3.8%. (2006–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.3B | $1.3B | $1.0B | $301M | $264M | $295M | $148M | $244M | $265M | $416M | $381M |
| Enterprise Value | $3.5B | $3.4B | $3.3B | $1.9B | $1.4B | $1.6B | $475M | $445M | $535M | $807M | $876M |
| P/E Ratio → | 24.53 | 24.74 | 7.06 | 6.60 | 2.21 | 3.13 | 4.95 | 10.11 | — | 10.99 | 9.35 |
| P/S Ratio | 6.59 | 6.56 | 2.79 | 0.83 | 0.88 | 1.60 | 1.05 | 1.99 | 2.01 | 1.57 | 1.49 |
| P/B Ratio | 0.90 | 0.91 | 0.77 | 0.26 | 0.41 | 0.56 | 0.35 | 0.60 | 0.30 | 0.45 | 0.41 |
| P/FCF | — | — | — | — | 9.77 | — | — | 5.21 | 2.78 | 3.47 | 5.93 |
| P/OCF | 5.54 | 5.52 | 4.28 | 1.59 | 1.57 | 2.81 | 1.95 | 4.58 | 2.71 | 3.41 | 2.46 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 16.93 | 8.92 | 5.22 | 4.71 | 8.58 | 3.37 | 3.63 | 4.05 | 3.05 | 3.42 |
| EV / EBITDA | 21.27 | 21.23 | 11.24 | 7.98 | 6.50 | 12.63 | 4.73 | 5.32 | 6.19 | 5.15 | 5.41 |
| EV / EBIT | 32.43 | 31.71 | 16.94 | 12.39 | 10.40 | 22.23 | 10.05 | 11.10 | 13.61 | 12.40 | 11.54 |
| EV / FCF | — | — | — | — | 52.18 | — | — | 9.50 | 5.61 | 6.73 | 13.64 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.0% | 56.0% | 56.3% | 48.7% | 48.9% | 43.3% | 38.6% | 37.2% | 34.1% | 27.9% | 32.0% |
| Operating Margin | 52.3% | 52.3% | 51.7% | 41.8% | 45.3% | 38.6% | 33.5% | 32.7% | 29.8% | 25.6% | 29.5% |
| Net Profit Margin | 26.3% | 26.3% | 52.0% | 12.9% | 41.9% | 53.2% | 21.6% | 19.7% | -5.5% | 14.3% | 20.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.8% | 3.8% | 15.3% | 5.1% | 21.6% | 20.7% | 7.3% | 3.8% | -0.8% | 4.1% | 5.5% |
| ROA | 1.3% | 1.3% | 5.3% | 1.8% | 6.5% | 7.3% | 4.0% | 2.3% | -0.5% | 2.5% | 3.3% |
| ROIC | 2.2% | 2.2% | 4.5% | 5.0% | 5.6% | 4.2% | 5.2% | 3.4% | 2.4% | 3.7% | 4.0% |
| ROCE | 2.8% | 2.8% | 5.6% | 6.2% | 7.5% | 5.7% | 6.8% | 4.2% | 3.0% | 4.7% | 5.0% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.66 | 1.66 | 1.92 | 1.51 | 2.02 | 2.49 | 0.89 | 0.64 | 0.33 | 0.49 | 0.65 |
| Debt / EBITDA | 14.92 | 14.92 | 8.80 | 7.52 | 5.95 | 10.43 | 3.73 | 3.09 | 3.37 | 2.90 | 3.71 |
| Net Debt / Equity | — | 1.44 | 1.69 | 1.35 | 1.79 | 2.45 | 0.77 | 0.49 | 0.31 | 0.42 | 0.53 |
| Net Debt / EBITDA | 13.01 | 13.01 | 7.72 | 6.71 | 5.28 | 10.27 | 3.26 | 2.40 | 3.12 | 2.49 | 3.06 |
| Debt / FCF | — | — | — | — | 42.41 | — | — | 4.29 | 2.83 | 3.26 | 7.71 |
| Interest Coverage | 1.28 | 1.28 | 1.39 | 1.45 | 2.44 | 3.54 | 2.82 | 2.36 | 2.07 | 3.26 | 3.13 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.44 | 1.44 | 1.67 | 1.23 | 1.40 | 0.29 | 0.94 | 1.02 | 0.56 | 0.86 | 1.28 |
| Quick Ratio | 1.42 | 1.42 | 1.65 | 1.20 | 1.35 | 0.25 | 0.88 | 1.00 | 0.55 | 0.81 | 1.23 |
| Cash Ratio | 1.01 | 1.01 | 1.29 | 1.05 | 1.22 | 0.16 | 0.77 | 0.90 | 0.18 | 0.51 | 1.16 |
| Asset Turnover | — | 0.05 | 0.09 | 0.11 | 0.15 | 0.10 | 0.17 | 0.17 | 0.10 | 0.18 | 0.16 |
| Inventory Turnover | 21.33 | 21.33 | 33.36 | 33.28 | 22.44 | 20.91 | 24.50 | 52.43 | 57.36 | 35.84 | 36.59 |
| Days Sales Outstanding | — | 14.43 | 4.92 | 3.55 | 7.00 | 14.76 | 9.33 | 11.22 | 44.60 | 6.59 | 3.56 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.4% | 1.4% | 3.3% | 4.1% | 4.5% | 2.5% | 11.3% | 9.4% | 15.4% | 9.6% | 14.7% |
| Payout Ratio | 35.5% | 35.5% | 17.6% | 26.3% | 9.5% | 7.6% | 55.2% | 94.7% | — | 105.1% | 108.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.1% | 4.0% | 14.2% | 15.1% | 45.3% | 31.9% | 20.2% | 9.9% | — | 9.1% | 10.7% |
| FCF Yield | — | — | — | — | 10.2% | — | — | 19.2% | 36.0% | 28.8% | 16.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 1.4% | 2.2% | 1.5% | 0.0% | 47.8% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.4% | 1.4% | 3.3% | 5.4% | 6.8% | 4.1% | 11.3% | 57.2% | 15.4% | 9.6% | 14.7% |
| Shares Outstanding | — | $59M | $56M | $21M | $19M | $18M | $18M | $18M | $18M | $18M | $17M |
Fleet transition execution risk
According to current market data, CCEC trades at a forward P/E of 12.16, which appears to reflect a complexity discount relative to pure-play LNG peers, as investors remain cautious regarding the company's ongoing transition from a diversified MLP to a focused energy infrastructure operator.
The valuation gap between CCEC and its peers suggests that the market is currently pricing the company as a cyclical shipping entity rather than a utility-like infrastructure provider. Investors should monitor whether the successful delivery of the newbuild LNG fleet leads to a re-rating as the company's cash flow profile stabilizes and the corporate governance transition becomes fully seasoned.
Based on recent financial statements, CCEC's ROIC remains modest at 1.0% in 2025Q4, a figure that reflects the significant drag of non-earning assets currently under construction as the company aggressively pivots its fleet toward high-specification LNG carriers to secure long-term, stable returns.
The current low return on capital is a structural byproduct of the massive capital expenditure program required for the LNG pivot. As these vessels enter service and begin generating revenue under long-term charters, the company's ability to compound returns will depend on its success in maintaining high utilization rates and managing the financing costs associated with its newbuild program.
As reported in quarterly filings, CCEC's cash conversion cycle reached -4 days in 2025Q4, indicating that the company's time-charter business model allows it to collect payments from charterers well before it settles its own operational obligations, thereby enhancing its internal liquidity position during this capital-intensive phase.
The negative cash conversion cycle is a hallmark of a well-structured shipping business where the charterer effectively finances the vessel's working capital. This efficiency provides a critical buffer, allowing the company to preserve cash for its ongoing fleet renewal strategy while minimizing the need for external short-term financing to cover day-to-day operational expenses.
According to the latest balance sheet data, CCEC's interest coverage ratio of 1.86 in 2025Q4 suggests that while debt service remains manageable, the company's reliance on high-leverage financing for its newbuild program warrants close monitoring as interest rates influence the cost of its capital-intensive growth strategy.
The current debt-to-equity ratio of 1.66 indicates that the company is utilizing its balance sheet to fund its transformation, which is typical for the LNG sector. However, investors should remain cautious, as any unforeseen delays in vessel deliveries or a softening in charter rates could tighten the company's interest coverage, potentially limiting its financial flexibility.
The most commonly misapplied metric for CCEC is the P/E ratio, which fails to account for the heavy depreciation and non-cash charges inherent in the company's transition to an LNG infrastructure model, thereby obscuring the underlying cash-generating power of its long-term, fixed-rate charter backlog.
Analysts should prioritize EV/EBITDA or cash flow-based metrics over P/E, as the latter is heavily distorted by the accounting treatment of the company's massive asset base. Focusing on earnings per share ignores the reality that CCEC is essentially building a long-term energy utility, where the value is derived from the duration and quality of its charter contracts rather than short-term accounting profits.
Includes 30+ ratios · 20 years · Updated daily
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Quick answers to the most common questions about buying CCEC stock.
Capital Clean Energy Carriers Corp.'s current P/E ratio is 24.5x. The historical average is 10.7x. This places it at the 88th percentile of its historical range.
Capital Clean Energy Carriers Corp.'s current EV/EBITDA is 21.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.1x.
Capital Clean Energy Carriers Corp.'s return on equity (ROE) is 3.8%. The historical average is 10.3%.
Based on historical data, Capital Clean Energy Carriers Corp. is trading at a P/E of 24.5x. This is at the 88th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Capital Clean Energy Carriers Corp.'s current dividend yield is 1.44% with a payout ratio of 35.5%.
Capital Clean Energy Carriers Corp. has 56.0% gross margin and 52.3% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Capital Clean Energy Carriers Corp.'s Debt/EBITDA ratio is 14.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.