Company Overview
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.
Recent Developments
- Dec 2025 Revenue of $26.68M (+6.1% YoY); net profit $-2.32M.
- Trailing 12 Months Year-on-year growth — revenue +16.7%.
- 5-Year Trend Long-term compounding — revenue CAGR -6.0%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -5.97% |
| 1 Year: | 16.70% |
Stock Price Performance
| 1 Year: | -45.00% |
| 6 Months: | +34.15% |
| 3 Months: | +22.22% |
| 1 Month: | +17.86% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMAAbove
- RSI (14)65.27 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
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 Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -6.0% CAGR over 5 years.
- Trading 54.5% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
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 | FTEK Fuel Tech, Inc. | 1.65 | -15.00 | $51.42M | 0.00% | -9.00% | -8.92% | -5.97% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 153.47 | -139.52 | $1.16T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 822.48 | 35.47 | $378.07B | 0.79% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 334.91 | 39.40 | $347.49B | 0.60% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 198.81 | 35.06 | $267.95B | 1.51% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 971.31 | 27.86 | $258.69B | 0.22% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 680.73 | 37.88 | $183.54B | 0.95% | 12.53% | 18.24% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 288.45 | 23.38 | $171.36B | 2.01% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 210.73 | 75.80 | $166.43B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | 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 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | 8.49K | 9.74M | 13.55M | - | 12.79M | 11.85M | 16.07M | - | 10.15M | 8.95M | 6.45M | 4.91M | 3.78M | 4.40M | 8.15M | 6.22M | 5.03M | 5.22M | 7.56M | 5.54M | 6.37M | 8.02M | 7.29M | 5.46M | 7.99M | 4.96M | 7.04M | 7.85M | 6.38M | 5.56M | 7.49M | 6.08M | 6.49M |
| Gross Profit | 7.14M | 7.85M | - | 6.05M | 5.58M | 5.32M | - | 3.72M | 3.62M | 5.05M | - | 5.03M | 3.72M | 5.42M | - | 4.01M | 3.90M | 2.89M | - | 1.53M | 602.00K | 5.91M | - | 2.36M | 2.58M | 3.72M | 2.29M | 2.68M | 3.67M | 2.81M | 2.00M | 3.61M | 2.03M | 2.95M | 3.41M | 2.96M | 2.53M | 3.66M | 2.64M | 2.67M |
| Operating Income | -2.25M | -795.00K | - | -2.59M | -1.48M | -2.25M | - | -1.78M | -5.60M | -134.00K | - | -184.00K | -1.62M | 1.05M | - | -1.30M | -843.00K | -1.36M | - | -2.68M | -2.42M | 2.44M | - | -1.16M | -689.00K | 578.00K | -984.00K | -485.00K | 192.00K | -658.00K | -1.33M | 133.00K | -1.69M | -715.00K | -179.00K | -952.00K | -1.31M | 4.00K | -1.60M | -1.56M |
| Net Income | -1.37M | -289.00K | -9.07M | -2.64M | -2.63M | -3.02M | -9.10M | -2.51M | -6.85M | -417.00K | -672.00K | -216.00K | -1.75M | 1.04M | 896.00K | -1.29M | -945.00K | -1.28M | -4.34M | -2.57M | -2.54M | 2.38M | -1.54M | 398.00K | -778.00K | 678.00K | -998.00K | -356.00K | 314.00K | -414.00K | -1.04M | 459.00K | 281.00K | -421.00K | 80.00K | -739.00K | -689.00K | 303.00K | -1.35M | -1.23M |
| Diluted EPS | -0.06 | -0.01 | -0.39 | -0.11 | -0.11 | -0.13 | -0.39 | -0.10 | -0.29 | -0.02 | -0.03 | -0.01 | -0.07 | 0.04 | 0.04 | -0.05 | -0.04 | -0.05 | -0.18 | -0.10 | -0.10 | 0.09 | -0.07 | 0.01 | -0.03 | 0.02 | -0.03 | -0.01 | 0.01 | -0.01 | -0.03 | 0.01 | 0.01 | -0.01 | 0.00 | -0.02 | -0.02 | 0.01 | -0.04 | -0.04 |
| R&D Expense | 982.00K | 1.52M | - | 1.16M | 295.00K | 672.00K | - | 284.00K | 280.00K | 216.00K | - | 288.00K | 261.00K | 265.00K | - | 266.00K | 205.00K | 352.00K | - | 324.00K | 271.00K | 285.00K | - | 415.00K | 315.00K | 340.00K | 220.00K | 289.00K | 207.00K | 218.00K | 413.00K | 513.00K | 376.00K | 422.00K | 361.00K | 570.00K | 490.00K | 450.00K | 524.00K | 646.00K |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | 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 | 71.40M | 81.80M | 93.67M | 97.64M | 109.34M | 79.02M | 73.66M | 55.16M | 45.17M | 56.53M | 30.47M | 22.55M | 24.26M | 26.94M | 27.08M | 25.13M | 26.68M |
| Gross Profit | - | - | 43.81M | 40.74M | 46.82M | 35.13M | 28.56M | 18.79M | 18.02M | 20.06M | 10.83M | 10.64M | 11.90M | 11.64M | 11.66M | 10.62M | 12.38M |
| Operating Income | -3.08M | 3.94M | 9.65M | 5.20M | 8.00M | -25.16M | -5.43M | -12.02M | -7.07M | 110.00K | -8.24M | -4.34M | -1.49M | -1.53M | -2.66M | -4.70M | -3.68M |
| Net Income | -2.31M | 1.75M | 6.15M | 2.78M | 5.10M | -17.73M | -12.38M | -17.39M | -10.45M | -28.00K | -7.85M | -4.28M | 54.00K | -1.44M | -1.54M | -1.94M | -2.32M |
| Diluted EPS | -0.10 | 0.07 | 0.25 | 0.12 | 0.23 | -0.78 | -0.54 | -0.74 | -0.44 | 0.00 | -0.32 | -0.17 | 0.00 | -0.05 | -0.05 | -0.06 | -0.08 |
| R&D Expense | 542.00K | 948.00K | 1.47M | 2.86M | 2.44M | 1.46M | 1.45M | 1.75M | 1.07M | 1.07M | 1.13M | 1.18M | 1.33M | 895.00K | 1.51M | 1.56M | 2.01M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 103.20M | 112.99M | 105.90M | 110.06M | 91.47M | 76.01M | 57.79M | 50.48M | 51.72M | 31.61M | 30.09M | 49.97M | 50.12M | 50.39M | 48.80M | 47.18M |
| Total Equity | 73.58M | - | 83.91M | 89.01M | 84.24M | 88.62M | 72.30M | 58.27M | 42.69M | 34.17M | 34.05M | 26.18M | 22.32M | 46.20M | 44.84M | 43.71M | 41.95M | 39.93M |
| Cash & Equivalents | 28.15M | 20.96M | 30.52M | 28.23M | 24.45M | 27.74M | 18.64M | 21.68M | 11.83M | 8.37M | 12.04M | 10.91M | 10.64M | 35.89M | 23.33M | 17.58M | 8.51M | 11.94M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | 1.56M | 0 | - | - | - | - |
| Total Liabilities | - | - | 19.29M | 23.98M | 21.66M | 21.43M | 19.17M | 17.04M | 14.40M | 16.31M | 17.67M | 5.43M | 7.77M | 3.77M | 5.28M | 6.67M | 6.84M | 7.25M |
| Current Liabilities | - | - | 17.81M | 22.63M | 20.95M | 20.65M | 18.65M | 16.54M | 14.05M | 15.72M | 17.16M | 4.79M | 5.53M | 3.22M | 4.77M | 5.69M | 5.86M | 6.27M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | 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 | 13.61M | 12.19M | 4.86M | 8.67M | 2.84M | 5.43M | 6.93M | -2.74M | -3.57M | 4.93M | -3.39M | -2.71M | - | -4.14M | 696.00K | -3.43M | 3.02M |
| Investing Cash Flow | -22.39M | -2.01M | -2.41M | -2.53M | -1.75M | -13.90M | -776.00K | -938.00K | -490.00K | -569.00K | -45.00K | -247.00K | - | -9.48M | -6.44M | -5.44M | 545.00K |
| Financing Cash Flow | 1.51M | -732.00K | -4.82M | -9.12M | 2.04M | 0 | -1.88M | -172.00K | -258.00K | -12.00K | -128.00K | 1.28M | - | -17.00K | 42.00K | -95.00K | -222.00K |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - | - | - | - | -206.00K | -418.00K | -378.00K | -674.00K |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - | - | - | - | -4.34M | 278.00K | -3.81M | 2.34M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | - | -13.64M | -5.71M | -8.97M | 3.34M |
| Share Buybacks | - | - | 4.11M | 7.89M | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | 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 % | - | - | 46.8% | 41.7% | 42.8% | 44.5% | 38.8% | 34.1% | 39.9% | 35.5% | 35.5% | 47.2% | 49.0% | 43.2% | 43.0% | 42.3% | 46.4% |
| Operating Margin % | -4.3% | 4.8% | 10.3% | 5.3% | 7.3% | -31.8% | -7.4% | -21.8% | -15.6% | 0.2% | -27.0% | -19.2% | -6.1% | -5.7% | -9.8% | -18.7% | -13.8% |
| Net Margin % | -3.2% | 2.1% | 6.6% | 2.8% | 4.7% | -22.4% | -16.8% | -31.5% | -23.1% | -0.0% | -25.8% | -19.0% | 0.2% | -5.4% | -5.7% | -7.7% | -8.7% |
| ROE % | - | 2.1% | 6.9% | 3.3% | 5.8% | -24.5% | -21.2% | -40.7% | -30.6% | -0.1% | -30.0% | -19.2% | 0.1% | -3.2% | -3.5% | -4.6% | -5.8% |
| ROCE % | - | 4.6% | 10.7% | 6.1% | 8.9% | -34.6% | -9.1% | -27.5% | -20.3% | 0.3% | -30.7% | -17.7% | -3.2% | -3.4% | -5.9% | -10.9% | -9.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Grace & White Inc /ny | 4.94% | 1.54M | $2.71M |
| 2 | Renaissance Technologies, LLC | 3.53% | 1.10M | $1.94M |
| 3 | Vanguard Capital Management LLC | 3.22% | 1.01M | $1.77M |
| 4 | Peapod Lane Capital LLC | 2.63% | 820.59K | $1.44M |
| 5 | Geode Capital Management, LLC | 1.68% | 522.98K | $920.45K |
| 6 | Blackrock Inc. | 1.59% | 496.49K | $873.83K |
| 7 | US BANCORP \DE\ | 0.98% | 304.78K | $536.40K |
| 8 | GSA Capital Partners LLP | 0.95% | 295.14K | $519.45K |
| 9 | Two Sigma Investments, LP | 0.54% | 168.46K | $296.48K |
| 10 | Beartown Capital Management, LLC | 0.47% | 146.69K | $258.17K |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for FTEK
Fuel Tech will get a new board leader Sept. 15 - Stock Titan
<a href="https://news.google.com/rss/articles/CBMipAFBVV95cUxNSzFBLUlzeTNhbS1NQy1lM056dDV6bm9GaHQ2V2tXZEFiNEZKVFdqdW1JTk5fOXJpbzdfWGlBR3dfa3YzazAtNU5sakNjQk9FWEZqTlJ2LURBRWlDRHJIMmxUemFCcDM3WTJsMG5HNTBlOHVuSTU0eHR6RzlsN3M2Sk44VFlucWJneGw2N1…
FTEK News | FUEL TECH INC (NASDAQ:FTEK) - ChartMill
<a href="https://news.google.com/rss/articles/CBMiW0FVX3lxTE03LVRkN1QzRTdTX1RSZTB4QVZMek9SOWhkSG01M0lyX3lLTmNxX3FWN0tBS3BhLUhYNnVzV3NSUGZKbmF5cjZGY3R4Mi1DcGJNTlI1MHotWXZseU0?oc=5" target="_blank">FTEK News | FUEL TECH INC (NASDAQ:FTEK)</a>&…
Considering Fuel Tech Inc (FTEK) Stock? Don’t Miss the Q1 Message - finance.yahoo.com
<a href="https://news.google.com/rss/articles/CBMimwFBVV95cUxNdHhBX3NidUZPXzBnSGtzX1VaWjZVRkxBUGpLb01IZlNkd19TeVEtRmtLVmt4X3VoNmdZMXRvV1RKcXRtVENvUTJISGI1cHRDYXRLSGVlSFgxOXZvd0tHQnl3RnA5NUdUS1VUSjZaalhmSmtSejJNVU0yMGRFWHJDOFZPV1FKUnczS1JUcU…
12 Industrials Stocks Moving In Tuesday's After-Market Session - Benzinga
<a href="https://news.google.com/rss/articles/CBMivAFBVV95cUxOT0xoRHRjZ1c0RkkxSEpRV09VMjRwZ3NFRWRSeDFiYnF3a0pBRTBYYXNTZ1p5NVdob2hYVkxFb1dHTUZEY3ZiUFdVVkxlaXFIQU9UalRLcHdyZ2JmejlQeWRQcE4wZDFfbUh2d2NWT21XWVR6ek8wSU04WTV4SFhvR2M5VVBZeVJXTjhCdW…
Fuel Tech Inc. (FTEK) Stock Price | Live Quotes & Charts | NASDAQ - StocksToTrade
<a href="https://news.google.com/rss/articles/CBMiTkFVX3lxTFBPRldIMlJBeFhNbndiRndKZEtVZWVscXdpS2h3RG1pV0V0YXNqci1CNTkwa041UzJ0WDMzNFJKVVBpT0tBMVFDVEVEeWo0QQ?oc=5" target="_blank">Fuel Tech Inc. (FTEK) Stock Price | Live Quotes & Charts | NA…
FTEK - Finviz
<a href="https://news.google.com/rss/articles/CBMiRkFVX3lxTE1YWWVITmRET1RGMjFHMklaRXAwQmp3U0E2MXNsck9mMjdWeWxyN3JPN0dKdnFTdVlBeGlHTGp5SXZNb3poZEE?oc=5" target="_blank">FTEK</a> <font color="#6f6f6f">Finviz</font>…
FTEK — Frequently Asked Questions
What is the current share price of Fuel Tech, Inc. (FTEK)?
As of 2026-09-19 21:16 PDT, Fuel Tech, Inc. (FTEK) trades at $1.65 on NasdaqCM. Its 52-week range is $1.19 to $3.63.
What is the market capitalisation of FTEK?
Fuel Tech, Inc. (FTEK) has a market capitalisation of $51.42M on NasdaqCM.
What is the P/E ratio of FTEK?
FTEK trades at a trailing price-to-earnings (P/E) ratio of -15.00. The industry average P/E is 26.00. Its price-to-book (P/B) ratio is 1.47.
What is the return on equity (ROE) of FTEK?
FTEK has a return on equity (ROE) of -8.92%. Its return on capital employed (ROCE) is -9.00%.
Is FTEK a good stock to buy?
This page provides a data-driven analysis of Fuel Tech, Inc. (FTEK), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.