Arq, Inc. ARQ R2K
Industrials · Pollution & Treatment Controls · United States
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.
READ MORE ›$2.76
-44.13% 1Y
Market & Price
Market Cap
$118.48M
Current Price
$2.76
High / Low (52W)
$7.73 / $1.64
Beta
2.70
Valuation
Stock P/E
-
Industry PE
28.38
Forward P/E
69.00
PEG Ratio
11.75
Book Value
$3.91
Price to Book
0.71
P/S
0.97
EV/EBITDA
67.89
Dividend Yield
-
Profitability & Returns
ROCE
-26.63%
ROE
-27.80%
ROA
-2.40%
Profit Margin
-43.93%
Op Margin
-3.38%
EPS (Latest Qtr)
$-0.02
EPS (TTM)
$-1.29
Balance Sheet & Liquidity
Debt/Equity
0.23
Quick Ratio
0.46
Current Ratio
1.02
Debt
$38.33M
Total Assets
$230.58M
Current Assets
$43.85M
Working Capital
$1.55M
Ownership
Promoter Holding
24.33%
Chg in Prom Hold
-
FII / Inst Holding
36.09%
Chg in FII Hold
0.00%
Financial Snapshot
Enterprise Value
$152.13M
Total Revenue (TTM)
$122.14M
EBITDA
$2.24M
Free Cash Flow
$202.88K
Operating Cash Flow
$3.14M
Shares Outstanding
42.93M
Gross Margin
30.75%
Payout Ratio
0.00%
Growth (CAGR)
Revenue 5Y
5.33%
Profit 5Y
-163.33%
Revenue (YoY)
6.60%
Earnings (YoY)
-
PROS
- Generates positive free cash flow.
CONS
- Earnings shrank at -163.3% CAGR over 5 years.
- Trading 64.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ARQ Arq, Inc. R2K | 2.76 | - | $118.48M | - | -26.63% | -27.80% | 5.33% | -163.33% |
| 2 | CAT Caterpillar Inc. SPX | 875.87 | 43.66 | $403.42B | 0.69% | 19.42% | 51.33% | 4.38% | 9.83% |
| 3 | GE GE Aerospace SPX | 323.76 | 40.17 | $338.27B | 0.58% | 11.89% | 45.43% | 16.32% | 195.89% |
| 4 | GEV GE Vernova Inc. SPXAI | 968.32 | 28.33 | $260.21B | 0.21% | 6.30% | 75.71% | 8.68% | 92.84% |
| 5 | RTX RTX Corporation SPX | 179.66 | 33.64 | $241.95B | 1.54% | 9.41% | 11.57% | 9.72% | 9.01% |
| 6 | UNP Union Pacific Corporation SPX | 262.64 | 21.60 | $155.93B | 2.10% | 16.19% | 40.69% | -0.49% | 0.66% |
| 7 | ETN Eaton Corporation plc SPXAI | 400.60 | 39.20 | $155.55B | 1.10% | 16.23% | 20.84% | 9.77% | 18.41% |
| 8 | HON Honeywell International Inc. NDXSPX | 237.86 | 38.00 | $150.72B | 2.00% | 13.57% | 24.26% | 1.82% | -1.62% |
| 9 | DE Deere & Company SPX | 542.18 | 30.67 | $146.45B | 1.20% | 12.82% | 18.35% | -4.50% | -11.00% |
Ad space
Quarterly Results
Figures in USD.
| Metric | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | 3.90M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 27.25M | 28.58M | 35.07M | 29.43M | 29.05M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.33M | 19.07M | 24.96M | 25.44M | 19.11M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.91M | 9.52M | 10.11M | 3.99M | 9.94M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9.11M | 11.10M | 10.95M | 10.48M | 10.92M |
| Operating Income | -7.13M | -3.31M | -4.61M | -2.91M | -5.26M | -1.96M | 16.00K | -1.14M | -1.06M | -1.71M | -1.57M | 32.00K | -3.15M | -3.56M | -4.26M | -2.39M | -4.69M | -8.64M | -31.07M | -2.83M | 1.55M | 330.00K | 439.00K | 3.30M | 784.00K | -3.33M | -2.74M | -2.62M | -7.83M | -6.09M | -2.52M | -2.98M | -1.42M | 2.03M | - | 807.00K | -1.58M | -839.00K | -6.49M | -982.00K |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.11M | 946.00K | 3.69M | -46.15M | 2.43M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 724.00K | 594.00K | 587.00K | 544.00K | 705.00K |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 203.00K | -2.13M | -653.00K | -50.02M | -842.00K |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 12.00K | 0 |
| Net Income | -2.91M | 4.38M | 7.86M | 9.61M | 75.83M | 8.69M | 6.41M | 5.79M | 6.99M | 7.66M | 15.29M | 5.50M | 7.00M | 14.40M | 8.11M | 3.92M | 9.10M | -1.89M | -23.81M | 4.97M | 430.00K | 13.74M | 16.59M | 24.25M | 5.82M | -3.03M | -326.00K | -2.39M | -7.51M | -5.86M | -2.17M | -3.42M | -1.97M | 1.62M | - | 203.00K | -2.13M | -653.00K | -50.03M | -842.00K |
| Diluted EPS | -0.13 | 0.20 | 0.35 | 0.43 | 3.39 | 0.39 | 0.29 | 0.28 | 0.33 | 0.37 | 0.75 | 0.28 | 0.36 | 0.78 | 0.44 | 0.21 | 0.50 | -0.11 | -1.32 | 0.27 | 0.02 | 0.75 | 0.90 | 1.31 | 0.31 | -0.17 | -0.02 | -0.13 | -0.32 | -0.21 | -0.07 | -0.09 | -0.06 | 0.04 | - | 0.00 | -0.05 | -0.02 | -1.20 | -0.02 |
| R&D Expense | - | 202.00K | -345.00K | -524.00K | - | 192.00K | -414.00K | 252.00K | - | 20.00K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 732.00K | 774.00K | 639.00K | 1.62M | 929.00K | 787.00K | - | 874.00K | 2.70M | 2.57M | - | 982.00K |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 16.32M | 13.29M | 16.92M | 62.74M | 50.62M | 45.36M | 23.95M | 70.09M | 67.36M | - | 102.99M | 99.18M | 108.96M | 120.34M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 80.47M | 67.32M | 69.52M | 86.80M |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | 22.52M | 31.86M | 39.44M | 33.53M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | 34.59M | 47.93M | 41.34M | 41.64M |
| Operating Income | -14.85M | -32.26M | -41.81M | -41.80M | -16.10M | -4.14M | -6.40M | -14.89M | -40.98M | - | -12.07M | -16.07M | -1.90M | -8.11M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | -1.96M | 1.46M | 6.58M | -38.40M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | 336.00K | 3.01M | 3.26M | 2.45M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | -8.71M | -12.10M | -5.27M | -52.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | 209.00K | 153.00K | -164.00K | 12.00K |
| Net Income | -13.13M | -15.99M | 1.39M | -30.14M | 97.68M | 27.87M | 35.45M | 35.54M | -20.30M | - | -8.92M | -12.25M | -5.11M | -52.61M |
| Diluted EPS | -0.65 | -0.78 | 0.06 | -1.37 | 4.34 | 1.29 | 1.76 | 1.93 | -1.12 | - | -0.48 | -0.42 | -0.14 | -1.27 |
| R&D Expense | 252.00K | 3.24M | 1.52M | 5.36M | -648.00K | 157.00K | - | 200.00K | 1.00M | 400.00K | 2.10M | 3.31M | 4.05M | 7.34M |
Compounded Sales Growth
| 5 Years: | 5.33% |
| 1 Year: | 6.60% |
Compounded Profit Growth
| 5 Years: | -163.33% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -44.13% |
| 6 Months: | -23.55% |
| 3 Months: | -21.37% |
| 1 Month: | +23.77% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2011 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 32.20M | 29.86M | 44.12M | 73.52M | 93.70M | 60.77M | 107.30M | 82.62M | 159.66M | 173.80M | 146.67M | - | 181.16M | 235.50M | 284.37M | 230.58M |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 105.66M | 86.46M | 52.36M | 43.85M |
| Cash & Equivalents | 27.55M | 7.74M | 11.51M | 7.93M | 6.39M | 37.89M | 25.18M | 9.27M | 13.21M | 30.69M | - | - | - | - | 66.43M | 45.36M | 13.52M | 6.57M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 17.83M | 19.69M | 19.31M | 15.89M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 13.79M | 11.29M | 13.27M | 14.83M |
| Total Liabilities | - | - | 60.59M | 60.64M | 74.18M | 79.69M | 94.40M | 85.75M | 31.13M | 9.16M | 91.72M | 65.51M | 61.46M | - | 41.19M | 57.10M | 67.09M | 62.62M |
| Current Liabilities | - | - | 18.74M | 21.87M | 36.10M | 42.56M | 47.16M | 50.09M | 23.71M | 6.88M | 40.72M | 39.31M | 42.54M | - | 23.88M | 23.05M | 44.65M | 42.30M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | 50.06M | 20.43M | 5.45M | - | 3.45M | 18.27M | 9.37M | 8.45M |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.44M | 31.74M | 34.36M | 37.39M |
| Total Equity | - | - | -28.39M | -30.78M | -30.05M | -6.17M | -697.00K | -24.98M | 76.17M | 73.45M | 67.95M | 108.29M | 85.21M | - | 139.98M | 178.40M | 217.28M | 167.96M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23.79M | 37.79M | 46.64M | 47.35M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -16.45M | -10.19M | -40.16M | -29.87M | -18.26M | -11.75M | -9.89M | 62.26M | 54.05M | - | -6.06M | -16.65M | 10.48M | -2.73M |
| Investing Cash Flow | -3.35M | 11.17M | 32.65M | 4.33M | 39.90M | 48.39M | -16.54M | -13.24M | -7.47M | - | -4.61M | -28.54M | -85.07M | -8.16M |
| Financing Cash Flow | -1.00K | 29.17M | -1.56M | 10.03M | -15.67M | -32.89M | 19.51M | -55.72M | -27.73M | - | -1.68M | 22.91M | 42.68M | 3.70M |
| Capital Expenditure | -3.88M | -2.13M | -1.56M | -507.00K | -289.00K | -485.00K | - | - | - | - | -8.91M | -27.52M | -85.17M | -8.58M |
| Free Cash Flow | -20.33M | -12.33M | -41.72M | -30.38M | -18.55M | -12.23M | - | - | - | - | -14.97M | -44.17M | -74.69M | -11.31M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | -12.35M | -22.28M | -31.92M | -7.20M |
| Share Buybacks | - | - | - | 0 | 0 | 16.40M | 25.34M | 5.79M | 159.00K | 0 | - | - | - | - |
| Dividends Paid | - | - | - | 0 | 0 | 15.69M | 20.16M | 18.27M | 4.98M | 93.00K | 45.00K | 0 | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | 21.9% | 32.1% | 36.2% | 27.9% |
| Operating Margin % | -91.0% | -242.8% | -247.1% | -66.6% | -31.8% | -9.1% | -26.7% | -21.2% | -60.8% | - | -11.7% | -16.2% | -1.7% | -6.7% |
| Net Margin % | -80.5% | -120.3% | 8.2% | -48.0% | 193.0% | 61.4% | 148.1% | 50.7% | -30.1% | - | -8.7% | -12.3% | -4.7% | -43.7% |
| ROE % | - | 259.2% | -199.0% | 120.7% | 128.2% | 37.9% | 52.2% | 32.8% | -23.8% | - | -6.4% | -6.9% | -2.4% | -31.3% |
| ROCE % | - | -104.2% | -89.8% | -391.3% | -19.3% | -5.5% | -5.4% | -11.1% | -39.4% | - | -7.7% | -7.6% | -0.8% | -4.3% |
Shareholding Pattern
Insiders
24.33%
Institutions
36.09%
Public Float
47.70%
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 4.89% | 2.10M | $5.79M |
| 2 | Royce & Associates LP | 4.07% | 1.75M | $4.83M |
| 3 | Vanguard Capital Management LLC | 3.33% | 1.43M | $3.95M |
| 4 | AQR Capital Management, LLC | 2.53% | 1.09M | $3.00M |
| 5 | Marshall Wace LLP | 1.89% | 809.71K | $2.23M |
| 6 | Geode Capital Management, LLC | 1.87% | 801.23K | $2.21M |
| 7 | Peapod Lane Capital LLC | 1.81% | 775.35K | $2.14M |
| 8 | Dimensional Fund Advisors LP | 1.78% | 762.19K | $2.10M |
| 9 | State Street Corporation | 1.32% | 564.60K | $1.56M |
| 10 | Renaissance Technologies, LLC | 0.96% | 410.57K | $1.13M |
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