Capital Clean Energy Carriers Corp CCEC

IndustrialsFreight & Logistics ServicesGreece

Last close 21.70 USD on Nov 1, 2026, +7.5% year to date

Quant rating

Quant rating A Rank 44 of 418 in Industrials

Growth A 28 of 418
Valuation B 137 of 418
Quality B 98 of 418
Revisions B 139 of 418
Momentum B 77 of 418

Wall Street consensus Buy (2.29)Average target 25.67 USD +18.3%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 1.3B
Enterprise value: 4.0B
52-week range: 17.32 – 23.95
3-year range: 12.89 – 24.75
Dividend yield: 2.76%
Beta (5 years): 0.65
Shares outstanding: 60.2M
Next earnings: Oct 30, 2026

About the company

Capital Clean Energy Carriers Corp is a Greece-based shipping company. The Company offers maritime services and solutions in gas carriage globally, focusing on renewable energy sources. Capital Clean Energy Carriers Corp operates a fleet of technologically equipped vessels, including liquefied natural gas (LNG) carriers and Neo-Panamax container vessels. The Company's vessels are chartered to global counterparts such as BP, Cheniere, CMA CGM, Engie, Hapag-Lloyd, Hartree, HMM, Maersk Lines, MSC, ONE, and ZIM, aiming for stable cash flows. Capital Clean Energy Carriers Corp follows policies towards greenhouse gas emissions reduction and global energy transition through shipping practices and vessel technologies.

Growth and profitability fiscal year ends December 31

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	393	340	219	187	185	–
Revenue growth	15.7%	54.9%	17.1%	1.4%	31.1%	22.8%
EPS (basic, normalized)	2.88	0.75	2.15	6.19	2.80	–
EPS growth	284.0%	−65.1%	−65.3%	121.1%	–	–
Gross margin	98.0%	97.1%	94.7%	93.0%	94.2%	95.4%
Net margin	28.9%	2.2%	3.0%	43.0%	51.1%	25.6%
ROE	8.0%	4.4%	0.9%	14.8%	20.7%	9.8%

Balance sheet, last quarter
Cash & short-term investments (mil)	253
Current ratio	1.15x
Long-term debt (mil)	2,798
Net debt (mil)	2,678
Total equity (mil)	1,547
Net debt / equity	1.73x
Net debt / EBITDA	8.89x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	393	+15.7%	10.1x	301	−5.2%	13.2x	2.88	+284.0%	7.5x
2026	465	+18.5%	8.6x	341	+13.1%	11.7x	1.92	−33.2%	11.3x
2027	638	+37.2%	6.2x	471	+38.3%	8.5x	2.92	+51.6%	7.4x
2028	696	+9.0%	5.7x	508	+7.9%	7.8x	3.29	+12.7%	6.6x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	465	+0.5%	+0.6%	+2.2%	1.92	+1.0%	+1.0%	+9.1%
2027	638	+0.6%	+0.5%	+0.8%	2.92	+0.5%	−0.3%	+17.9%
2028	696	−2.0%	−2.0%	+4.7%	3.29	+0.8%	+0.1%	+14.5%

Earnings surprises EPS beat in 2 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	104	97.7	106	118	112	104	99.5	98.3	98.0	105
Sales mean (mil)	106	92.6	120	110	105	109	105	104	103	108
Surprise	−1.0%	+5.5%	−11.3%	+7.4%	+6.1%	−4.0%	−4.8%	−5.6%	−5.0%	−2.8%
EPS reported	0.32	0.33	−0.41	0.51	0.56	0.51	0.40	0.61	0.37	0.48
EPS mean	0.33	0.17	0.51	0.36	0.39	0.52	0.47	0.47	0.45	0.32
Surprise	−4.0%	+94.1%	−181.0%	+42.8%	+43.8%	−1.2%	−15.0%	+29.8%	−17.5%	+52.4%

Peer comparison Freight & Logistics Services

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
CCEC Capital Clean Energy Carriers Corp	1.3B	8.89x	28.9%	0.85x	11.3x	7.4x	11.7x	8.5x
UNP Union Pacific Corporation	180.7B	2.19x	29.1%	8.20x	23.1x	21.1x	15.2x	14.1x
CSX CSX Corporation	95.8B	2.70x	20.5%	6.67x	25.3x	22.2x	15.3x	14.0x
UPS United Parcel Service Inc	92.1B	1.60x	6.3%	6.11x	14.9x	13.4x	8.9x	8.2x
CNI Canadian National Railway Co	74.8B	2.46x	27.3%	4.77x	21.2x	19.3x	14.0x	13.1x
NSC Norfolk Southern Corp	77.0B	2.68x	23.6%	4.60x	26.2x	23.5x	15.5x	14.4x
Mean		3.42x	22.6%	5.20x	20.3x	17.8x	13.4x	12.1x
Median		2.57x	25.4%	5.44x	22.1x	20.2x	14.6x	13.6x

Technical analysis

1M+2.6%
3M−3.6%
1Y+2.4%
3Y+73.1%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, Capital Clean Energy Carriers Corp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	393	340	219	187	185	141
Cost of revenue	7.7	9.8	11.6	13.1	10.7	6.3
Gross profit	385	330	208	174	174	135
Selling, general & administrative expenses	15.6	16.7	13.4	10.7	8.7	7.2
Research & development	–	–	–	–	–	–
Depreciation/amortization	87.2	76.5	47.6	41.0	46.9	41.4
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	0	0	11.2	−47.3	−46.8	–
Other operating expenses	68.2	58.9	44.1	35.8	47.1	38.7
Operating income	214	178	91.3	134	118	47.2
Net interest income (expense)	−103	−126	−84.3	−45.6	−20.1	−16.7
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	2.6	3.3	1.3	−1.9	0.2	−0.1
Net income before taxes	113	55.2	8.2	86.3	98.2	30.4
Provision for taxes	–	–	–	–	–	–
Minority interest	–	–	–	–	–	–
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	113	55.2	8.2	86.3	98.2	30.4
Extraordinary items	57.4	138	39.0	39.1	0	0
Net income	171	194	47.2	125	98.2	30.4
EBIT, normalized	214	178	102	86.5	71.2	47.2
EBITDA, normalized	301	254	150	128	118	88.6
Basic EPS, normalized	2.88	0.75	2.15	6.19	2.80	–

Balance sheet in millions of USD, fiscal years

Balance sheet, Capital Clean Energy Carriers Corp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	274	314	192	145	20.4	47.3
Receivables	9.5	5.8	4.4	7.3	7.5	3.6
Total inventory	4.0	4.8	5.6	6.8	5.0	3.5
Prepaid expenses	7.4	7.5	8.7	7.5	4.8	3.3
Other current assets	131	73.4	14.4	0	0	0
Total current assets	426	406	226	166	37.7	57.8
Property, plant & equipment	3,571	3,581	2,807	1,782	1,782	712
Goodwill	–	–	–	–	–	–
Intangibles	–	–	–	–	–	–
Long-term investments	–	–	–	–	–	–
Note receivable	–	–	–	–	–	–
Other long-term assets	98.3	126	108	48.5	65.6	52.2
Total assets	4,095	4,113	3,140	1,997	1,885	822
Liabilities
Accounts payable	11.1	15.1	14.4	8.3	9.8	9.0
Payable/accrued	–	–	–	–	–	–
Accrued expenses	37.7	32.2	28.6	17.5	11.4	10.7
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	122	128	103	73.2	97.9	35.8
Other current liabilities	139	67.8	37.8	19.6	11.7	6.1
Total current liabilities	310	243	184	119	131	61.6
Long-term debt	2,232	2,450	1,672	1,216	1,211	339
Minority interest	–	–	–	–	–	–
Other liabilities	54.0	76.3	109	23.9	17.8	0
Total liabilities	2,596	2,770	1,965	1,358	1,360	400
Shareholders' equity
Preferred stock	–	0	12.9	12.4	10.5	8.8
Common stock	0.6	0.6	1,172	635	519	413
Additional paid-in capital	1,263	1,240	–	–	–	–
Retained earnings (accumulated deficit)	237	103	–	–	–	–
Treasury stock	–	0	−7.9	−3.8	−4.5	–
Other equity	−1.6	−0.3	−1.6	−4.8	0	0
Total equity	1,499	1,343	1,175	638	525	422
Total liabilities & shareholders' equity	4,095	4,113	3,140	1,997	1,885	822

Cash flow statement in millions of USD, fiscal years

Cash flow statement, Capital Clean Energy Carriers Corp, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	171	194	47.2	86.3	98.2	30.4
Depreciation, depletion & amortization	87.2	76.5	47.6	41.0	46.9	41.4
Deferred taxes	–	–	–	–	–	–
Non-cash items	−14.0	−55.5	76.9	36.9	−34.6	16.8
Changes in working capital	−2.0	25.3	17.1	8.3	0.6	−7.9
Cash from operations	242	240	189	173	111	80.7
Investing activities
Capital expenditures	−315	−1,201	−336	−140	−368	−185
Other investing cash flows	231	448	−111	126	193	0
Cash from investing	−84.6	−753	−447	−14.1	−175	−185
Financing activities
Financing cash flow items	−103	−122	52.6	−121	−6.1	−4.8
Cash dividends paid	−19.0	−33.8	−12.2	−12.2	−7.6	−17.1
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	−76.2	801	267	98.2	54.3	117
Cash from financing	−198	645	307	−35.1	40.6	95.4
Foreign exchange effects	–	–	–	0.5	–	–
Net change in cash	−40.3	132	48.6	124	−23.3	−9.1
Free cash flow	−73.3	−961	−148	32.8	−257	−105

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.