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FUEL TECH, INC. FTEK

FUEL TECH, INC. statistics & valuation

P / S2.5×
P / B1.7×
Net margin-8.7%
Return on capital-9%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-31.50% -23.10% 0.00% -25.80% -19.00% 0.20% -5.40% -5.70% -7.70% -8.70% 2016201720182019202020212022202320242025
Gross margin (%)
34.10% 39.90% 35.50% 35.50% 47.20% 49.00% 43.20% 43.00% 42.30% 46.40% 2016201720182019202020212022202320242025
Operating margin (%)
-21.80% -15.60% 0.20% -27.00% -19.20% -6.10% -5.70% -9.80% -18.70% -13.80% 2016201720182019202020212022202320242025
Return on equity (%)
-40.70% -30.60% -0.10% -30.00% -19.20% 0.10% -3.20% -3.50% -4.60% -5.80% 2016201720182019202020212022202320242025
Shares outstanding
23.4M 24.1M 24.2M 24.6M 25.2M 30.3M 30.3M 30.4M 30.7M 31.1M 2016201720182019202020212022202320242025
Net debt ($)
-$10.9M -$9.1M -$35.9M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-30.10% -20.70% -0.10% -24.80% -14.20% 0.10% -2.90% -3.10% -4.00% -4.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.00× 0.07× 0.00× 2016201720182019202020212022202320242025
EPS ($)
-$0.74 -$0.44 $0.00 -$0.32 -$0.17 $0.00 -$0.05 -$0.05 -$0.06 -$0.08 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin46.4%42.3%43.0%43.2%49.0%47.2%35.5%35.5%39.9%34.1%
Operating margin-13.8%-18.7%-9.8%-5.7%-6.1%-19.2%-27.0%0.2%-15.6%-21.8%
Net margin-8.7%-7.7%-5.7%-5.4%0.2%-19.0%-25.8%-0.0%-23.1%-31.5%
Return on assets-4.9%-4.0%-3.1%-2.9%0.1%-14.2%-24.8%-0.1%-20.7%-30.1%
Return on equity-5.8%-4.6%-3.5%-3.2%0.1%-19.2%-30.0%-0.1%-30.6%-40.7%
Debt / equity0.00×0.07×0.00×
Current ratio5.095.066.747.5212.873.814.512.372.152.89

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.