CCEC - Capital Clean Energ... Stock Analysis | Stock Taper
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Capital Clean Energy Carriers Corp.

CCEC

Capital Clean Energy Carriers Corp. NASDAQ
$20.71 0.58% (+0.12)

Market Cap $1.24 B
52w High $24.83
52w Low $16.77
Dividend Yield 2.95%
Frequency Quarterly
P/E 34.52
Volume 14.36K
Outstanding Shares 60.11M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $104.16M $3.92M $29.76M 28.58% $0.51 $88.42M
Q2-2025 $104.16M $3.92M $29.76M 28.58% $0.51 $88.42M
Q1-2025 $109.38M $4.13M $80.72M 73.79% $1.35 $92.85M
Q4-2024 $211.16M $8.96M $125.4M 59.39% $1.41 $158.7M
Q3-2024 $106.04M $4.69M $23.3M 21.97% $-0.41 $72.51M

What's going well?

The company is consistently profitable, with steady revenue and solid margins. There are no signs of volatility or negative surprises.

What's concerning?

There is no growth at all, and high interest costs are eating into profits. Lack of investment in R&D or marketing could hurt future prospects.

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $310.74M $4.14B $2.67B $0
Q2-2025 $335.62M $4.15B $2.71B $1.44B
Q1-2025 $398.76M $4.15B $2.73B $1.41B
Q4-2024 $313.99M $4.11B $2.77B $1.34B
Q3-2024 $164.79M $4.1B $2.85B $1.25B

What's financially strong about this company?

Most assets are real, physical property and equipment, with almost no goodwill or risky intangibles. Debt is mostly long-term, and the company is collecting payments from customers faster.

What are the financial risks or weaknesses?

Shareholder equity has dropped to zero, meaning the company owes as much as it owns. Cash is falling, liabilities are rising, and liquidity is getting tighter. The company is now completely funded by debt, which is risky.

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $59.83M $63.94M $-81.03M $-45.24M $-63.15M $-41.67M
Q2-2025 $29.91M $63.94M $-81.03M $-45.24M $-63.15M $-20.6M
Q1-2025 $32.82M $56.33M $69.66M $-42.2M $83.78M $5.3M
Q4-2024 $20.45M $63.7M $195.82M $-107.74M $149.19M $87.55M
Q3-2024 $-34.31M $68.28M $-64.75M $78.36M $81.89M $8.37M

What's strong about this company's cash flow?

Operating cash flow doubled to $128 million, showing the core business is generating real cash. Net income also improved, and the company is paying down debt rather than borrowing more.

What are the cash flow concerns?

Free cash flow is negative and the cash burn is accelerating due to very high investment spending. Working capital is also tying up more cash, and dividends may not be sustainable if this continues.

Q1 2026 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at Capital Clean Energy Carriers Corp.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

CCEC combines strong current profitability, high operating efficiency, and robust operating cash generation with a clear strategic focus on cleaner energy shipping. It benefits from a modern, specialized fleet, long-term fixed-rate contracts with blue-chip customers, healthy short-term liquidity, and a meaningful equity base. Its innovation efforts in LNG, multi-gas, and CO2 carriers position it at the forefront of several growth themes tied to the global energy transition.

! Risks

Key risks include significant leverage and interest costs, ongoing negative free cash flow driven by heavy capital spending, and the inherently cyclical and capital-intensive nature of shipping. The company is making sizable strategic bets on emerging markets such as CO2 transport and ammonia that may take time to mature and could be affected by regulatory changes or slower-than-expected adoption. The unusual absence of retained earnings and lack of reported R&D expenses also warrant further context on capital allocation and how innovation is sustained over time.

Outlook

The forward picture is one of solid near-term earnings supported by contracted cash flows, combined with a more uncertain but potentially attractive long-term growth path in cleaner energy transportation. If CCEC can successfully bring its newbuild program online, maintain high utilization under long-term charters, and gradually reduce leverage, it is well placed to benefit from rising demand for LNG and low-carbon shipping solutions. However, its capital intensity, debt load, and exposure to evolving regulatory and technology landscapes mean that future results could differ meaningfully from the strong snapshot seen in the latest year, and outcomes will depend heavily on execution and market conditions.