Profit isn't fully turning into cash. Free cash flow is only 14% of reported profit.
Free cash flow is only 14% of reported profit. That usually means heavy spending on facilities and equipment, or cash tied up in inventory and unpaid bills. Worth checking whether it's a phase of investment or a lasting pattern.
Borrowing rising faster than profit. Since 2022: debt +337%, operating profit +43%.
Excelerate Energy's debt grew 337% since 2022 while operating profit changed +43%.
Financials may be out of date. Latest financial period ended 10 months ago.
The latest financial period we have ended 10 months ago, so the scores may not reflect recent results.
Fast revenue growth. Revenue grew 49% in the 12 months to December 2025 vs the 12 months before, faster than 93% of peers.
Revenue grew 49% in the 12 months to December 2025 vs the 12 months before, faster than 93% of its peers.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 31 → 28
Share price +5.5%-3
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Safety percentile 33 → 34
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Excelerate Energy
Is Excelerate Energy getting weaker?
Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is 48/100, down 1 since Oct 28, 2026.
How is Excelerate Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 28/100 against 404 energy peers.Free cash flow yield 0.6% vs a peer median of 6.2% (weaker than 76% of peers).Free cash flow yield 0.6% vs peers 6.2% (weaker than 76% of peers).
Is Excelerate Energy growing?
Yes, faster than most of its peers. Growth scores 80/100 against 404 energy peers.Revenue growth 49.0% vs a peer median of 0.5% (stronger than 93% of peers).Revenue growth 49.0% vs peers 0.5% (stronger than 93% of peers).3-year revenue growth -8.2% vs a peer median of -1.3% (weaker than 73% of peers).3-year revenue growth -8.2% vs peers -1.3% (weaker than 73% of peers).
How profitable is Excelerate Energy?
About as profitable as its peers. Profitability scores 52/100 against 404 energy peers.Operating margin 21.8% vs a peer median of 11.7% (stronger than 69% of peers).Operating margin 21.8% vs peers 11.7% (stronger than 69% of peers).
How risky is Excelerate Energy?
Moderate risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 1.80× vs a peer median of 1.37× (stronger than 68% of peers).Current ratio 1.80× vs peers 1.37× (stronger than 68% of peers).Beta 1.25 vs a peer median of 0.57 (weaker than 93% of peers).Beta 1.25 vs peers 0.57 (weaker than 93% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
1.3B USD
1.5B USD
+9.3%
Operating margin
21.0%
21.8%
+0.8 pts
Debt
932.0M USD
926.1M USD
−0.6%
Cash
540.1M USD
342.4M USD
−36.6%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Oil & Gas Midstream · 32 companies
Valuations in Oil & Gas Midstream are near the top of their range since Aug 2019.
86% of months since Aug 2019 were valued lower than now.
54% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +44% and earnings +16% (medians): prices rose faster than earnings.
Median price-to-sales is +39% vs the whole market, against a usual +3%.
Aug 2019Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since Aug 2019; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
15.7%
7.5%
18.2%
25.3%
21.7%
▼ 3.5 pts
Current ratio
0.94×
2.10×
3.43×
3.49×
2.43×
▼ 30%
Quick ratio
0.74×
1.66×
3.42×
3.38×
2.34×
▼ 31%
Debt to equity
0.23×
0.13×
0.21×
0.18×
0.42×
▲ 138%
EE price history
Price history is added with the daily price update and will appear after the next one.