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Fervo Energy (FRVO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Fervo Energy
NasdaqGS•Utilities•Utilities - Renewable
$15.40+0.24(0.02%)Pre-market
Market Cap
$2.62B
P/B
0.9x

Fervo Energy Company builds, owns, and operates geothermal power facilities in the United States. Fervo Energy Company was incorporated in 2017 and is headquartered in Houston, Texas.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/B · 0.9x5y range 0.9x – 0.9x
P/B 0.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Cash Burn

Watch

FCF turned negative in 2 of the last 2 quarters — occasional cash consumption.

Price & Volume
Market Cap $2.62B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue
$0
Q. Revenue
$113,000
TTM EBITDA
$0
TTM Op. Income
$0
Q. Op. Income
$-28.74M
TTM Net Income
$0
Q. Net Income
$-55.91M
EPS
$-0.38
Shares Out.
$157.00M

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin
-170.8%
EBITDA Margin
-25131.0%
Op. Margin
-25435.4%
Net Margin
-49482.3%

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio
N/A
P/S Ratio
N/A
P/B Ratio
0.9x
P/S of 0.0x and P/B of 0.9x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets
$3.54B
Cash
$2.11B
Long-Term Debt
$217.38M
Book Value
$2.79B
D/E Ratio
0.1
Debt/EBITDA
N/A
With $3.54B in assets and $217.38M in long-term debt, D/E is 0.1and book value is $2.79B — a conservative capital structure with a cushion to weather downturns.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow
$-34.74M
TTM Free Cash Flow
$0
FCF Margin
N/A
FCF / Net Income
N/A

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