Alternus Clean Energy Inc

ALCEOTCUtilities● Active

$0.00

+$0.00(+0.00%)

Market Cap$600

P/E Ratio—

52W High$12.6

52W Low$0.0006

Avg Volume25

Open$0.00

Beta-1.43

Free Cash Flow Financials Revenue

Alternus Clean Energy Inc (ALCE) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ALCE · free cash flow · updated Jun 9, 2026

Core FCF metrics

ALCE · FCF · TTM · margin & CAGR

Free cash flow was $90.7M for FY2024 (fiscal year ending 2024-12-31), up 1293.1% year-over-year

FY2024 Free Cash Flow$90.7M▲ +1293.1% YoY

Trailing 12M (TTM)$101.3Mtrailing 4 quarters sum

FCF Margin> 999%$90.7M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 9, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ALCE · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2024Latest$92.4M(2M)$90.7M▲ +1293.1%—

FY2023$13.2M(18M)−$7.6M▲ +81.7%-37.9%

FY2022−$17.8M(24M)−$41.5M▲ +69.4%-242.7%

FY2021−$8.3M(127M)−$135.4M—-633.0%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ALCE · P/FCF · FCF yield · FCF per share

Alternus Clean Energy Inc (ALCE) trades at a FCF yield of 16885500.00% and a price-to-free-cash-flow ratio of 0.0x. FCF per share stands at $5.74, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

16885500.00%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$5.74

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.0

Share Price ÷ FCF per Share

EV / FCF (TTM)

x0.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2024 · 2024-12-31

Cash flow statement summary

ALCE · cash flow statement · operating / investing / financing

For FY2024, Alternus Clean Energy Inc generated $92.4M in operating cash flow and spent 2M in capital expenditures, yielding $90.7M in free cash flow.

Operating Activities

+$92.4M

Cash from core business operations

2024-12-31

Investing Activities

+$21.4M

CapEx, acquisitions & investments

2024-12-31

Financing Activities

−$136.5M

Buybacks, dividends & debt

2024-12-31

FCF FormulaOperating CF ($92.4M) − |CapEx| (2M) = FCF ($90.7M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

ALCE vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Alternus Clean Energy IncYOU

ALCE

$90.7M+1293.1%29161.1%

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Alternus Clean Energy Inc (ALCE) reported free cash flow of $90.7M for FY2024 (fiscal year ending 2024-12-31), up 1293.1% year-over-year.

Based on available data, Alternus Clean Energy Inc has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $90.7M in FY2024.

Alternus Clean Energy Inc's FCF yield is 16885500.00% and price-to-FCF ratio is 0.0x for FY2024, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ALCE free cash flow · 8 questions

Alternus Clean Energy Inc free cash flow was $90.7M for FY2024, up 1293.1% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $101.3M.

ALCE free cash flowALCE FCFALCE FCF 2024ALCE free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Alternus Clean Energy Inc · Alternus Clean Energy Inc SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 9, 2026