Stocktoria
Arq, Inc. ARQ
Arq, Inc. (ARQ) earns a Piotroski F-score of 2/9 (weak financial health), with an Altman Z″ in the grey zone. It pays a dividend yielding 0.04% (safety: no dividend). FY2025 revenue was $120.3M at a -43.7% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.007 |
| Retained earnings / assets | 0.062 |
| EBIT / assets | -0.229 |
| Equity / liabilities | 2.689 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ARQ | Arq, Inc. | 2/9 | 1.53 | — | +10.4% |
| FSI | FLEXIBLE SOLUTIONS INTERNATIONAL INC | 5/9 | 6.24 | 110.2 | +0.7% |
| ASPI | ASP Isotopes Inc. | 5/9 | 3.69 | — | — |
| FTK | FLOTEK INDUSTRIES INC/CN/ | 4/9 | -0.95 | 26.3 | +26.9% |
| WDFC | WD 40 CO | 7/9 | 9.05 | 33.7 | +5% |
| OEC | Orion S.A. | 3/9 | 1.08 | — | -3.8% |
| CBT | CABOT CORP | 6/9 | 4.51 | 14.6 | -7% |
About Arq, Inc.
Arq, Inc., an environmental technology company, engages in the sale of consumable air, water, and soil treatment solutions based on activated carbon in the United States and Canada. Its products include granular activated carbon, powdered activated carbon, and colloidal carbon products; and additives for air emissions control. The company's products are used in various applications, including water treatment, ground water remediation, soil sediments, air emissions, and asphalt additives. The company was formerly known as Advanced Emissions Solutions, Inc. and changed its name to Arq, Inc. in February 2024. Arq, Inc. was founded in 1997 and is headquartered in Greenwood Village, Colorado.
FAQ
Is ARQ financially healthy?
Arq, Inc.'s Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does ARQ pay a dividend, and is it safe?
Yes. Arq, Inc. pays a dividend yielding about 0.04% with a None payout ratio, rated “no dividend” for safety.
How profitable is ARQ?
In FY2025, Arq, Inc. had a net margin of -43.7% and a return on equity of -31.2%.
Is ARQ overvalued or undervalued?
Arq, Inc. trades at about 1.4× trailing earnings — below its 10-year norm (10-year range 3.8×–353.7×, median 12.5×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ARQ?
The average Wall-Street price target for Arq, Inc. is $3.88, about 68.5% above the recent price, from 4 analysts.
Is ARQ a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Arq, Inc.: a Piotroski F-score of 2/9, an Altman Z″ in the grey zone, a dividend yield of 0.04%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.