Clean Energy Technologies, Inc. (CETY) is a Utilities stock trading at $0.97 (as of 2026-08-21), with a market capitalization of $11.80M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Understand Clean Energy Technologies, Inc.: how it makes money
Clean Energy Technologies, Inc. is a clean energy technology company that generates revenue from its clean energy technology business.
Revenue growth without operating profitability (operating margin -172.6%) shows the current profit model is not converting sales into sustainable earnings.
Business quality (Weak): Business quality grade is Weak.
Bull case
Sales rebound, gross profit exists: Revenue is up 229.0% year over year, and gross margin is 23.7% for the latest period (2025-09-30). If this gross profitability scales, it could help move results closer to operating breakeven.
Positive gross margin supports scaling: Gross margin of 23.7% indicates the company is producing some gross profit on its revenue. Even with heavy operating costs today, incremental revenue could improve absorption if costs do not rise as fast.
Bear case
Deep operating loss persists: Operating margin is -172.6% for 2025-09-30, meaning operating losses are extremely large relative to revenue. This suggests structural cost pressure that would need major improvement to support an equity rerating.
Weak business quality score: The company is rated Weak on business quality in the provided facts. Combined with the -172.6% operating margin, this raises the risk that losses are not temporary.
Profitability drivers are not disclosed here: No official reportable segments or operating KPIs are provided in the facts (segment and KPI lists are empty). Without disclosed drivers, it is harder to assess whether the 229.0% revenue growth is durable or how operations can be improved.
Valuation — source: SEC EDGAR (first-party)
Price
$0.97
Market Cap
$11.80M
Price / Book
1.97
Price / Sales
4.46
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)
$2.16M
Net Margin
-315.0%
Revenue Growth (YoY)
57.4%
EPS Growth (YoY)
-66.7%
Financial Health — source: SEC EDGAR
Altman Z-Score
-3.57 (distress)
Valuation vs Sector & Industry
Sector P/E (Utilities)
20.8
Industry P/E (Utilities)
20.1
Company
Sector
Utilities
Industry
Utilities
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