FTEKNasdaqIndustrial & Commercial Fans & Blowers & Air Purifing EquipFiscal year ends December 31
FUEL TECH, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$1.37−0.03 (-2.14%)
Close on Oct 19, 2026
- Market cap
- $42.72M
- P/E (TTM)
- –
- Dividend yield
- –
Fuel Tech statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Industrial & Commercial Fans & Blowers & Air Purifing Equip companies for comparison
Valuation
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Market Cap | $42.77M | $1.37B |
| Enterprise Value | $23.16M | $1.36B |
| PS Ratio | 1.57 | 2.23 |
| PB Ratio | 1.14 | 2.78 |
| P/TBV Ratio | 1.23 | 3.90 |
Enterprise value
| Measure | Fuel Tech | Industry median |
|---|---|---|
| EV / Sales | 0.85 | 2.18 |
Income (trailing twelve months)
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Revenue | $27.30M | $866.07M |
| Gross Profit | $12.21M | $317.63M |
| Operating Income | -$4.58M | $33.78M |
| Pretax Income | -$3.46M | $61.14M |
| Net Income | -$3.48M | $20.20M |
| EBITDA | -$4.58M | $59.87M |
| EPS (Diluted) | -$0.11 | $0.70 |
Margins
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Gross Margin | 44.7% | 34.3% |
| Operating Margin | -16.8% | 5.94% |
| Pretax Margin | -12.7% | 6.55% |
| Profit Margin | -12.8% | 4.89% |
| EBITDA Margin | -16.8% | 9.65% |
| FCF Margin | -4.34% | 7.34% |
Returns
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Return on Equity (ROE) | -8.92% | 7.49% |
| Return on Assets (ROA) | -7.72% | 3.02% |
| Return on Invested Capital (ROIC) | -20.4% | 7.94% |
| Return on Capital Employed (ROCE) | -12.0% | 6.30% |
Growth
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 8.89% | 9.10% |
| FCF Growth (YoY) | -367.3% | 6.28% |
| Revenue Growth (3Y CAGR) | -0.33% | 3.24% |
| Revenue Growth (5Y CAGR) | 3.42% | 7.11% |
Balance sheet
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $19.61M | $109.83M |
| Net Cash (Debt) | $19.61M | $381.39K |
| Net Cash Per Share | $0.63 | $0.00 |
| Equity (Book Value) | $37.37M | $380.65M |
| Book Value Per Share | $1.20 | $8.57 |
| Tangible Book Value | $34.65M | $79.42M |
| Working Capital | $20.12M | $228.02M |
Financial position
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Current Ratio | 5.10 | 1.98 |
| Quick Ratio | 4.79 | 0.99 |
Cash flow (trailing twelve months)
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Operating Cash Flow | -$212.00K | $75.30M |
| Capital Expenditures | -$972.00K | -$27.96M |
| Free Cash Flow | -$1.18M | $59.74M |
| FCF Per Share | -$0.04 | $1.16 |
Efficiency
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Asset Turnover | 0.61 | 0.70 |
| Inventory Turnover | 30.98 | 3.72 |
| Revenue Per Employee | $354.57K | $406.50K |
| Profits Per Employee | -$45.21K | $16.14K |
| Employee Count | 77 | 1,615 |
Dividends and yields
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Earnings Yield | -8.14% | 2.24% |
| FCF Yield | -2.77% | 3.19% |
| Buyback Yield | 0.11% | 1.10% |
| Shareholder Yield | 0.11% | 1.93% |
Shares
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Shares Outstanding | 31,216,800 | 59,778,400 |
| Shares Change (YoY) | 1.22% | 0.45% |
| Shares Change (QoQ) | 0.19% | 0.14% |
| Float | 28,043,300 | 52,486,900 |
| Shares Held by Insiders | 10.2% | 5.23% |
| Shares Held by Institutions | 23.6% | 83.0% |
Taxes
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Income Tax | $20.00K | $14.90M |
Scores
| Measure | Fuel Tech | Industry median |
|---|---|---|
| Altman Z-Score | 1.21 | 3.15 |
| Piotroski F-Score | 6 | 5 |
Calculated by StockData from Fuel Tech's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.