One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
Gevo, Inc.
GEVO · NCM · Basic Materials · Specialty Chemicals
Current price
$1.15
52-week range
$1.09 - $2.97
Market cap
$284.82M
Balance sheet
Distressed
-1.07x Concerning
Net debt $112.55M. Interest coverage shows how many times profit covers the interest bill.
What stands out
1 Reward
2 Risks
1 rewards · 2 risks
- Reward Revenue grew 10.5% last year.
- Risk Return on equity was -55.5% last year — the company lost money on shareholders' equity.
- Risk Insider ownership is only 4.5% (peer median: 35.3%).
What this company does
Gevo, Inc.
Gevo is a company focused on reducing carbon emissions by creating sustainable fuels from renewable sources like corn. They make things like jet fuel and gasoline that are better for the environment, and their money primarily comes from selling these fuels and related products. This matters because it helps airlines and other industries reduce their impact on climate change while still meeting their energy needs.
How the company got here
Gevo, Inc. was founded in 2005 and was formerly known as Methanotech, Inc.. The company's journey began with a focus on developing renewable chemical and advanced biofuel products. A key early step was collaborating with ValvTect in 2015 to introduce renewable isobutanol fuel blends to marinas. Gevo has since evolved its strategy, acquiring assets and companies to expand its capabilities, such as purchasing Red Trail Energy's ethanol production plant and carbon capture assets in 2025. This move broadened its portfolio in the energy sector and strengthened its position in producing low-carbon fuels. Gevo's core mission revolves around creating bio-based alternatives to petroleum products, aiming to reduce greenhouse gas emissions and promote energy security.
What it actually does
Gevo operates as a carbon abatement company, developing and producing sustainable, low-carbon alternatives to traditional petroleum-based fuels and chemicals. They utilize a combination of biotechnology and chemistry to convert renewable resources, primarily corn, into valuable products. These products are designed to be 'drop-in' replacements, meaning they can be used in existing infrastructure and engines without modification. Gevo's business model focuses on creating a circular economy by capturing carbon from photosynthesis and utilizing efficient production processes. The company also emphasizes strengthening rural economies by working with farmers and creating jobs through its production facilities.
Gevo
The Gevo segment is primarily focused on research and development (R&D) and managing the company's intellectual property. This segment explores future production methods for isobutanol, a key building block for renewable fuels and chemicals. It also investigates commercial opportunities for other renewable hydrocarbon products, such as those used in gasoline and diesel, as well as ingredients for the chemical industry like ethylene and butenes. This foundational R&D work is crucial for developing Gevo's next generation of sustainable products and technologies.
GevoFuels
The GevoFuels segment is dedicated to the development and operation of facilities that produce sustainable aviation fuel (SAF) and other renewable fuels. This includes advancing practical, low-carbon energy alternatives to promote energy independence. GevoFuels is working on projects like the planned Alcohol-to-Jet (ATJ) facility in South Dakota, designed to produce significant volumes of SAF annually. These efforts aim to provide U.S.-made solutions for the growing demand for sustainable transportation fuels.
GevoRNG
GevoRNG focuses on capturing methane emissions, primarily from dairy farms, and converting them into renewable natural gas (RNG). This process leverages anaerobic digestion technology, effectively turning agricultural waste into a valuable energy source. The captured methane is a potent greenhouse gas, so converting it into RNG helps reduce environmental impact. Gevo operates one of the largest dairy-based RNG facilities in the United States, contributing to clean energy production and the circular economy.
GevoND
The GevoND segment, also referred to as Gevo North Dakota, is a significant part of Gevo's operations, focusing on ethanol production and carbon capture and sequestration (CCS). This segment operates an ethanol plant that produces low-carbon ethanol, with an adjacent CCS facility and a Class VI carbon-storage well. The captured carbon dioxide (CO2) is a biogenic byproduct that can be used for industrial applications or permanently stored to generate carbon-removal credits. Gevo is actively expanding this facility to increase ethanol production and enhance its carbon business, aiming to monetize carbon in voluntary and compliance markets.
What management is betting on now
Gevo's current strategy centers on disciplined execution to improve cash generation and grow its carbon business. Management is prioritizing the operation and expansion of its Gevo North Dakota facility, aiming to increase production volumes and operational leverage. A key focus is maximizing the value of carbon credits through new market opportunities, such as the Canada Clean Fuel Regulation (CFR) pathway, which is expected to provide a near-term earnings boost. Gevo is also investing in debottlenecking its existing operations and implementing cost improvements to drive growth and long-term shareholder value. The company is also exploring a franchise development strategy to accelerate global expansion of its proprietary technology.
Price history
How the share price has moved
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Loading price history…
Earnings history
Last 8 quarters — what happened
Click any quarter to read the call summary and what the numbers say.
FY2024 Q3
$-20.77M
FY2024 Q4
$-33.47M
FY2025 Q1
$-29.88M
FY2025 Q2
$-7.76M
FY2025 Q3
$-14.62M
FY2025 Q4
$8.75M
FY2026 Q1
$-30.02M
FY2026 Q2
$-20.77M
Revenue
$46.50M
Net income
$-176.94M
Diluted EPS
-0.75
Operating cash flow
$-8.28M
Free cash flow
$-20.77M
Fetching…
Sources
Revenue
$42.95M
Net income
$-21.70M
Diluted EPS
-0.09
Operating cash flow
$-21.14M
Free cash flow
$-30.02M
Fetching…
Sources
Revenue
$45.35M
Net income
$-6.30M
Diluted EPS
-0.03
Operating cash flow
$19.95M
Free cash flow
$8.75M
Fetching…
Sources
Revenue
$42.71M
Net income
$-7.95M
Diluted EPS
-0.03
Operating cash flow
$-6.79M
Free cash flow
$-14.62M
Fetching…
Sources
Revenue
$43.41M
Net income
$2.14M
Diluted EPS
0.01
Operating cash flow
$-2.52M
Free cash flow
$-7.76M
Fetching…
Sources
Revenue
$29.11M
Net income
$-21.73M
Diluted EPS
-0.09
Operating cash flow
$-24.05M
Free cash flow
$-29.88M
Fetching…
Sources
Revenue
$5.70M
Net income
$-17.61M
Diluted EPS
-0.08
Operating cash flow
$-18.84M
Free cash flow
$-33.47M
Fetching…
Sources
Revenue
$1.97M
Net income
$-21.16M
Diluted EPS
-0.09
Operating cash flow
$-11.02M
Free cash flow
$-20.77M
Fetching…
Sources
Is it cheap or expensive?
Fair value — vs current price $1.15
We couldn't calculate a fair value right now.
Is it drowning in debt?
Distressed
Net debt $112.6M. Interest coverage -1.1x.
Net debt
$112.55M
Interest coverage
-1.07x
Gevo, Inc.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 3 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Distressed
Worse cushion
Baseline
Better cushion
GEVO
BASELINE
Gevo, Inc.
Total debt $170.70M Interest coverage -1.07x This is the baseline the peer rows are being compared against.
Total debt $552.13M Interest coverage -0.68x Neither company has much profit cushion over interest right now.
Total debt $82.94M Interest coverage 1.41x This peer still has a real interest-payment cushion, while GEVO does not.
Total debt $28.80M Interest coverage -11,308.00x Neither company has much profit cushion over interest right now.
Total debt $324.00K Interest coverage -346.34x Neither company has much profit cushion over interest right now.
What you should know
The case for and against GEVO
1 Reward
2 Risks
Rewards
-
Revenue grew 10.5% last year.
Risks
-
Return on equity was -55.5% last year — the company lost money on shareholders' equity.
-
Insider ownership is only 4.5% (peer median: 35.3%).
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
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Forward P/E
19.20x
P/B
1.01x
P/S
1.60x
EV/EBITDA
-16.78x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
44.7%
Operating margin
-76.8%
Net margin
-119.9%
ROE
-55.5%
ROA
-5.2%
Health
Liquidity and balance-sheet strength
Debt / equity
0.61x
Current ratio
2.70x
Quick ratio
1.98x
Total debt
$170.70M
Total cash
$58.15M
Growth
How the business has been compounding
Revenue TTM
$177.51M
Revenue 5Y CAGR
287.7%
EPS TTM
-0.91
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-16.25M
Free CF TTM
$-43.51M
FCF margin
-24.5%
Dividend
Shareholder payout
Yield
0.0%
Payout ratio
0.0%
Last ex-div date
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