FTEK
Fuel Tech, Inc.
Price Chart
Latest Quote
$2.06
| Previous Close | $1.99 |
| Open | $1.90 |
| Day High | $2.28 |
| Day Low | $1.86 |
| Volume | 903,198 |
Stock Information
| Shares Outstanding | 31.17M |
| Total Debt | $557K |
| Cash Equivalents | $21.58M |
| Revenue | $26.38M |
| Net Income | $-2.94M |
| Sector | Industrials |
| Industry | Pollution & Treatment Controls |
| Market Cap | $64.18M |
| EPS (TTM) | $-0.10 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $41.00M |
| Sales | $26.38M |
| Income | $-2.94M |
| Book/sh | $1.28 |
| Cash/sh | $0.69 |
| Employees | 77 |
Financial Ratios
| Quick Ratio | 5.15 |
| Current Ratio | 5.44 |
| Debt/Eq | 1.45 |
Returns & Margins
| ROA | -5.93% |
| ROE | -7.35% |
| Gross Margin | 45.76% |
| Operating Margin | -26.25% |
| Profit Margin | -11.15% |
Ownership
| Insider Ownership | 23.36% |
| Institutional Ownership | 24.35% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -41.19 |
| PEG | 2.33 |
| P/S | 2.43 |
| P/B | 1.61 |
Analyst Data
| Recommendation | none |
| Target Price | $4.00 |
Technical Indicators
| SMA20 | $1.47 |
| SMA50 | $1.46 |
| SMA200 | $1.82 |
| RSI | 78.63 |
| ATR | 0.1571 |
| Shares Float | 23.73M |
| Short Float | 0.23% |
| Short Ratio | 0.25 |
| Volatility | 1.33 |
| Rel Volume | 1.42 |
Performance History
| Week | +57.20% |
| Month | +42.02% |
| Quarter | +67.42% |
| 6 Months | +30.34% |
| YTD | +20.43% |
| Year | -3.77% |
| 3 Years | +50.31% |
| 5 Years | -12.37% |
| 10 Years | +34.59% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $2.06 | 903,198 |
| 2026-06-22 | $1.99 | 7,705,100 |
| 2026-06-18 | $1.54 | 831,800 |
| 2026-06-17 | $1.46 | 668,600 |
| 2026-06-16 | $1.31 | 104,100 |
| 2026-06-15 | $1.31 | 77,100 |
| 2026-06-12 | $1.34 | 92,500 |
| 2026-06-11 | $1.34 | 200,200 |
| 2026-06-10 | $1.30 | 69,200 |
| 2026-06-09 | $1.31 | 161,100 |
| 2026-06-08 | $1.35 | 95,000 |
| 2026-06-05 | $1.36 | 121,500 |
| 2026-06-04 | $1.46 | 179,600 |
| 2026-06-03 | $1.44 | 122,100 |
| 2026-06-02 | $1.47 | 89,200 |
| 2026-06-01 | $1.48 | 206,100 |
| 2026-05-29 | $1.48 | 395,900 |
| 2026-05-28 | $1.51 | 287,400 |
| 2026-05-27 | $1.51 | 204,800 |
| 2026-05-26 | $1.48 | 218,600 |
About Fuel Tech, Inc.
Fuel Tech, Inc. engages in the development, commercialization, and application of technologies for air pollution control, process optimization, water treatment, and advanced engineering services to utility and industrial customers in the United States, rest of the Americas, Europe, South Africa, the Pacific Rim, and internationally. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide emissions (NOx) in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT selected non-catalytic reduction and selected catalytic reduction systems, including ammonia injection grid and graduated straightening grid systems; electrostatic precipitator processes and services; ULTRA technology; urea direct injection systems; and flue gas conditioning systems. Its FUEL CHEM Technology segment provides chemical injection programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units for the control of slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using targeted in-furnace injection technology. This segment also offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units for treating a wide variety of solid and liquid fuels, including coal, heavy oil, black liquor, biomass, and municipal waste. In addition, the company provides dissolved gas infusion systems, which utilize a proprietary channel injector and a patented saturator that infuses oxygen, carbon dioxide, or other gases into water; and visualization software. Fuel Tech, Inc. was incorporated in 1987 and is headquartered in Warrenville, Illinois.
đ° Latest News
Considering Fuel Tech Inc (FTEK) Stock? Donât Miss the Q1 Message
Insider Monkey âĸ 2026-05-12T18:08:08ZFuel Tech (FTEK) Q1 2026 Earnings Transcript
Motley Fool âĸ 2026-05-07T16:23:27ZFuel Tech, Inc. Q1 2026 Earnings Call Summary
Moby âĸ 2026-05-06T12:30:00ZZacks Industry Outlook Highlights Donaldson, CECO Environmental, Energy Recovery and Fuel Tech
Zacks âĸ 2026-05-06T10:14:00Z4 Pollution Control Stocks to Watch on Robust Industry Trends
Zacks âĸ 2026-05-05T14:34:00ZFuel Tech Leads The Pack Of 3 Noteworthy Penny Stocks
Simply Wall St. âĸ 2026-04-29T18:05:43ZFuel Tech Inc (FTEK) Q4 2025 Earnings Call Highlights: Strong Revenue Growth and Optimistic Outlook
GuruFocus.com âĸ 2026-03-04T21:04:05ZFuel Tech (FTEK) Q4 2025 Earnings Call Transcript
Motley Fool âĸ 2026-03-04T16:21:43ZFuel Tech, Inc. Q4 2025 Earnings Call Summary
Moby âĸ 2026-03-04T13:30:00ZWhen Will Fuel Tech, Inc. (NASDAQ:FTEK) Breakeven?
Simply Wall St. âĸ 2025-11-27T11:02:57ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $14,294,000 | $14,510,000 | $15,425,000 | $15,298,000 |
| Cost Of Revenue | $14,294,000 | $14,510,000 | $15,425,000 | $15,298,000 |
| Total Revenue | $26,677,000 | $25,133,000 | $27,081,000 | $26,941,000 |
| Operating Revenue | $26,677,000 | $25,133,000 | $27,081,000 | $26,941,000 |
| Expenses | ||||
| Total Expenses | $30,358,000 | $29,835,000 | $29,739,000 | $28,468,000 |
| Other Income Expense | $-43,000 | $1,585,000 | $-90,000 | $-46,000 |
| Other Non Operating Income Expenses | $-43,000 | $1,585,000 | $-90,000 | $-46,000 |
| Net Non Operating Interest Income Expense | $1,415,000 | $1,251,000 | $1,279,000 | $185,000 |
| Operating Expense | $16,064,000 | $15,325,000 | $14,314,000 | $13,170,000 |
| Interest Expense | - | $0 | $21,000 | $17,000 |
| Interest Expense Non Operating | - | $0 | $21,000 | $17,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Net Interest Income | $1,415,000 | $1,251,000 | $1,279,000 | $185,000 |
| Interest Income | $1,415,000 | $1,251,000 | $1,300,000 | $202,000 |
| Normalized Income | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Net Income From Continuing And Discontinued Operation | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Total Operating Income As Reported | $-3,681,000 | $-4,702,000 | $-2,658,000 | $-1,527,000 |
| Net Income Common Stockholders | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Net Income | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Net Income Including Noncontrolling Interests | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Net Income Continuous Operations | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Pretax Income | $-2,309,000 | $-1,866,000 | $-1,469,000 | $-1,388,000 |
| Interest Income Non Operating | $1,415,000 | $1,251,000 | $1,300,000 | $202,000 |
| Operating Income | $-3,681,000 | $-4,702,000 | $-2,658,000 | $-1,527,000 |
| Gross Profit | $12,383,000 | $10,623,000 | $11,656,000 | $11,643,000 |
| Special Income Charges | - | - | - | - |
| Per Share | ||||
| Diluted EPS | $-0.08 | $-0.06 | $-0.05 | $-0.05 |
| Basic EPS | $-0.08 | $-0.06 | $-0.05 | $-0.05 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-2,982,000 | $-4,242,000 | $-1,106,000 | $-931,000 |
| Reconciled Depreciation | $699,000 | $460,000 | $342,000 | $440,000 |
| EBITDA (Bullshit earnings) | $-2,982,000 | $-4,242,000 | $-1,106,000 | $-931,000 |
| EBIT | $-3,681,000 | $-4,702,000 | $-1,448,000 | $-1,371,000 |
| Diluted Average Shares | $30,937,000 | $30,572,000 | $30,348,000 | $30,289,000 |
| Basic Average Shares | $30,937,000 | $30,572,000 | $30,348,000 | $30,289,000 |
| Diluted NI Availto Com Stockholders | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Tax Provision | $15,000 | $77,000 | $69,000 | $54,000 |
| Research And Development | $2,014,000 | $1,564,000 | $1,511,000 | $895,000 |
| Selling General And Administration | $14,050,000 | $13,761,000 | $12,803,000 | $12,275,000 |
| Total Unusual Items | - | - | - | - |
| Total Unusual Items Excluding Goodwill | - | - | - | - |
| Impairment Of Capital Assets | - | - | - | - |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $37,170,000 | $39,512,000 | $41,240,000 | $42,328,000 |
| Total Assets | $47,179,000 | $48,797,000 | $50,388,000 | $50,124,000 |
| Total Non Current Assets | $15,235,000 | $19,178,000 | $12,067,000 | $14,299,000 |
| Other Non Current Assets | $207,000 | $191,000 | $781,000 | $794,000 |
| Investmentin Financial Assets | $6,991,000 | $10,875,000 | $3,664,000 | $6,360,000 |
| Goodwill And Other Intangible Assets | $2,762,000 | $2,443,000 | $2,474,000 | $2,513,000 |
| Other Intangible Assets | $646,000 | $327,000 | $358,000 | $397,000 |
| Current Assets | $31,944,000 | $29,619,000 | $38,321,000 | $35,825,000 |
| Other Current Assets | $1,335,000 | $1,160,000 | $1,439,000 | $1,395,000 |
| Inventory | $373,000 | $397,000 | $439,000 | $392,000 |
| Receivables | $5,355,000 | $9,368,000 | $6,729,000 | $7,729,000 |
| Receivables Adjustments Allowances | $-108,000 | $-106,000 | $-111,000 | $-110,000 |
| Other Receivables | $969,000 | $4,099,000 | $2,540,000 | $3,234,000 |
| Accounts Receivable | $4,494,000 | $5,375,000 | $4,300,000 | $4,605,000 |
| Cash Cash Equivalents And Short Term Investments | $24,881,000 | $18,694,000 | $29,714,000 | $26,309,000 |
| Cash And Cash Equivalents | $11,939,000 | $8,510,000 | $17,578,000 | $23,328,000 |
| Cash Equivalents | - | - | $5,083,000 | $10,768,000 |
| Cash Financial | - | - | $12,495,000 | $12,560,000 |
| Restricted Cash | - | - | - | $0 |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Total Debt | $580,000 | $625,000 | $614,000 | $191,000 |
| Long Term Debt And Capital Lease Obligation | $491,000 | $548,000 | $533,000 | $66,000 |
| Current Debt And Capital Lease Obligation | $89,000 | $77,000 | $81,000 | $125,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $7,247,000 | $6,842,000 | $6,674,000 | $5,283,000 |
| Total Non Current Liabilities Net Minority Interest | $974,000 | $987,000 | $986,000 | $517,000 |
| Other Non Current Liabilities | $296,000 | $263,000 | $281,000 | $274,000 |
| Non Current Deferred Liabilities | $187,000 | $176,000 | $172,000 | $177,000 |
| Non Current Deferred Taxes Liabilities | $187,000 | $176,000 | $172,000 | $177,000 |
| Current Liabilities | $6,273,000 | $5,855,000 | $5,688,000 | $4,766,000 |
| Current Deferred Liabilities | $1,117,000 | $1,081,000 | $1,382,000 | $447,000 |
| Payables And Accrued Expenses | $3,600,000 | $3,290,000 | $2,814,000 | $2,930,000 |
| Payables | $3,242,000 | $2,915,000 | $2,421,000 | $2,710,000 |
| Accounts Payable | $3,242,000 | $2,915,000 | $2,421,000 | $2,710,000 |
| Equity | ||||
| Common Stock Equity | $39,932,000 | $41,955,000 | $43,714,000 | $44,841,000 |
| Total Equity Gross Minority Interest | $39,932,000 | $41,955,000 | $43,714,000 | $44,841,000 |
| Stockholders Equity | $39,932,000 | $41,955,000 | $43,714,000 | $44,841,000 |
| Other Equity Interest | $76,000 | $76,000 | $76,000 | $76,000 |
| Gains Losses Not Affecting Retained Earnings | $-1,718,000 | $-1,915,000 | $-1,748,000 | $-1,728,000 |
| Other Equity Adjustments | $-1,718,000 | $-1,915,000 | $-1,748,000 | $-1,728,000 |
| Retained Earnings | $-121,796,000 | $-119,472,000 | $-117,529,000 | $-115,991,000 |
| Other | ||||
| Treasury Shares Number | $1,206,741 | $1,059,056 | $976,006 | $976,006 |
| Ordinary Shares Number | $31,074,438 | $30,708,273 | $30,385,297 | $30,296,297 |
| Share Issued | $32,281,179 | $31,767,329 | $31,361,303 | $31,272,303 |
| Tangible Book Value | $37,170,000 | $39,512,000 | $41,240,000 | $42,328,000 |
| Invested Capital | $39,932,000 | $41,955,000 | $43,714,000 | $44,841,000 |
| Working Capital | $25,671,000 | $23,764,000 | $32,633,000 | $31,059,000 |
| Capital Lease Obligations | $580,000 | $625,000 | $614,000 | $191,000 |
| Total Capitalization | $39,932,000 | $41,955,000 | $43,714,000 | $44,841,000 |
| Treasury Stock | $2,568,000 | $2,346,000 | $2,251,000 | $2,251,000 |
| Additional Paid In Capital | $165,616,000 | $165,295,000 | $164,853,000 | $164,422,000 |
| Capital Stock | $322,000 | $317,000 | $313,000 | $313,000 |
| Common Stock | $322,000 | $317,000 | $313,000 | $313,000 |
| Long Term Capital Lease Obligation | $491,000 | $548,000 | $533,000 | $66,000 |
| Current Deferred Revenue | $1,117,000 | $1,081,000 | $1,382,000 | $447,000 |
| Current Capital Lease Obligation | $89,000 | $77,000 | $81,000 | $125,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $1,308,000 | $1,248,000 | $1,252,000 | $1,105,000 |
| Current Provisions | $159,000 | $159,000 | $159,000 | $159,000 |
| Current Accrued Expenses | $358,000 | $375,000 | $393,000 | $220,000 |
| Investments And Advances | $6,991,000 | $10,875,000 | $3,664,000 | $6,360,000 |
| Held To Maturity Securities | $6,991,000 | $10,875,000 | $3,664,000 | $6,360,000 |
| Goodwill | $2,116,000 | $2,116,000 | $2,116,000 | $2,116,000 |
| Net PPE | $5,275,000 | $5,669,000 | $5,148,000 | $4,632,000 |
| Accumulated Depreciation | $-19,433,000 | $-18,958,000 | $-18,703,000 | $-18,557,000 |
| Gross PPE | $24,708,000 | $24,627,000 | $23,851,000 | $23,189,000 |
| Construction In Progress | $19,000 | $2,000 | $99,000 | $29,000 |
| Other Properties | $13,573,000 | $13,589,000 | $12,709,000 | $12,079,000 |
| Machinery Furniture Equipment | $3,412,000 | $3,359,000 | $3,388,000 | $3,455,000 |
| Buildings And Improvements | $6,654,000 | $6,627,000 | $6,605,000 | $6,576,000 |
| Land And Improvements | $1,050,000 | $1,050,000 | $1,050,000 | $1,050,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $176,000 | $176,000 | $207,000 | - |
| Raw Materials | $197,000 | $221,000 | $232,000 | - |
| Other Short Term Investments | $12,942,000 | $10,184,000 | $12,136,000 | $2,981,000 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $2,342,000 | $-3,811,000 | $278,000 | $-4,345,000 |
| Operating Activities | ||||
| Operating Cash Flow | $3,016,000 | $-3,433,000 | $696,000 | $-4,139,000 |
| Cash Flow From Continuing Operating Activities | $3,016,000 | $-3,433,000 | $696,000 | $-4,139,000 |
| Operating Gains Losses | $2,000 | - | $10,000 | - |
| Investing Activities | ||||
| Capital Expenditure | $-674,000 | $-378,000 | $-418,000 | $-206,000 |
| Investing Cash Flow | $545,000 | $-5,443,000 | $-6,444,000 | $-9,483,000 |
| Cash Flow From Continuing Investing Activities | $545,000 | $-5,443,000 | $-6,444,000 | $-9,483,000 |
| Financing Activities | ||||
| Financing Cash Flow | $-222,000 | $-95,000 | $42,000 | $-17,000 |
| Cash Flow From Continuing Financing Activities | $-222,000 | $-95,000 | $42,000 | $-17,000 |
| Net Other Financing Charges | $-222,000 | $-95,000 | - | $-17,000 |
| Issuance Of Capital Stock | - | - | - | $0 |
| Net Common Stock Issuance | - | - | - | $0 |
| Common Stock Issuance | - | - | - | $0 |
| Other | ||||
| Income Tax Paid Supplemental Data | $11,000 | $52,000 | $12,000 | $14,000 |
| End Cash Position | $11,939,000 | $8,510,000 | $17,578,000 | $23,328,000 |
| Beginning Cash Position | $8,510,000 | $17,578,000 | $23,328,000 | $37,054,000 |
| Effect Of Exchange Rate Changes | $90,000 | $-97,000 | $-44,000 | $-87,000 |
| Changes In Cash | $3,339,000 | $-8,971,000 | $-5,706,000 | $-13,639,000 |
| Net Investment Purchase And Sale | $1,219,000 | $-5,065,000 | $-6,026,000 | $-9,277,000 |
| Sale Of Investment | $13,250,000 | $12,995,000 | $8,000,000 | $500,000 |
| Purchase Of Investment | $-12,031,000 | $-18,060,000 | $-14,026,000 | $-9,777,000 |
| Net PPE Purchase And Sale | $-674,000 | $-378,000 | $-418,000 | $-206,000 |
| Purchase Of PPE | $-674,000 | $-378,000 | $-418,000 | $-206,000 |
| Change In Working Capital | $4,364,000 | $-2,264,000 | $1,931,000 | $-3,288,000 |
| Change In Payables And Accrued Expense | $315,000 | $207,000 | $944,000 | $1,519,000 |
| Change In Accrued Expense | $57,000 | $-312,000 | $1,239,000 | $360,000 |
| Change In Payable | $258,000 | $519,000 | $-295,000 | $1,159,000 |
| Change In Account Payable | $258,000 | $519,000 | $-295,000 | $1,159,000 |
| Change In Prepaid Assets | $-172,000 | $292,000 | $-6,000 | $-314,000 |
| Change In Inventory | $26,000 | $41,000 | $-46,000 | $-45,000 |
| Change In Receivables | $4,195,000 | $-2,804,000 | $1,039,000 | $-4,448,000 |
| Changes In Account Receivables | $2,518,000 | $-1,127,000 | $1,039,000 | $-4,448,000 |
| Other Non Cash Items | $-62,000 | $-132,000 | $-433,000 | $-5,000 |
| Stock Based Compensation | $326,000 | $446,000 | $389,000 | $224,000 |
| Provisionand Write Offof Assets | $0 | $-4,000 | $0 | $-106,000 |
| Deferred Tax | $11,000 | $4,000 | $-5,000 | $38,000 |
| Deferred Income Tax | $11,000 | $4,000 | $-5,000 | $38,000 |
| Depreciation Amortization Depletion | $699,000 | $460,000 | $342,000 | $440,000 |
| Depreciation And Amortization | $699,000 | $460,000 | $342,000 | $440,000 |
| Amortization Cash Flow | $36,000 | $57,000 | $61,000 | $88,000 |
| Amortization Of Intangibles | $36,000 | $57,000 | $61,000 | $88,000 |
| Depreciation | $663,000 | $403,000 | $281,000 | $352,000 |
| Gain Loss On Sale Of PPE | $2,000 | $0 | $10,000 | $0 |
| Net Income From Continuing Operations | $-2,324,000 | $-1,943,000 | $-1,538,000 | $-1,442,000 |
| Proceeds From Stock Option Exercised | - | $0 | $42,000 | $0 |
| Issuance Of Debt | - | - | - | - |
| Net Issuance Payments Of Debt | - | - | - | - |
| Net Long Term Debt Issuance | - | - | - | - |
| Long Term Debt Issuance | - | - | - | - |