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FTEKFuel Tech, Inc.
$1.35$42M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
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Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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FTEK logo

Fuel Tech, Inc.

FTEK
NASDAQ · Pumps & Flow Control
$1.35
At close - Nov 6, 4:00 PM EST - USD
Market Cap$42M
P/E-10.4x
52W High$2.35
Volume39.93K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Project Volatility Masks Persistent Structural Operating Losses

Fuel Tech faces a challenging long-term outlook as its core business remains tethered to the secular decline of coal-fired power generation, resulting in inconsistent revenue growth and persistent operating losses.

GrowthMixed
ProfitabilityNegative
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

FTEK price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

-132% Peers

P/E is 132% below peer median

03

Market leadership

RS 39 · Lag

Laggard (Underperforming 61% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 3

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
FTEK-21.05%
S&P 500 (^GSPC)+7.63%
1-Year Return
FTEK-36.32%
S&P 500 (^GSPC)+9.69%
3-Year Return
FTEK+33.66%
S&P 500 (^GSPC)+71.10%
5-Year Return
FTEK-30.41%
S&P 500 (^GSPC)+58.80%

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$27M+6.1% YoY
Net income FY25
-$2M-19.6% YoY
Free cash flow FY25
$2M+161.5% YoY
Operating margin FY25
-13.8%+4.9 pts YoY
ROIC (FY25)-8.8%
Avg ROIC 5Y-9%
ROE (TTM)-10.6%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (20%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
-$0.01+0.0%
vs -$0.01
$9M+12.7%
vs $8M
Q3 2026
Aug 4, 2026
-$0.04-100.0%
vs -$0.02
$6M-1.4%
vs $7M
Q2 2026
May 5, 2026
-$0.04
vs —
$6M-20.2%
vs $8M
Q2 2026
Mar 3, 2026
-$0.04-33.3%
vs -$0.03
$7M-2.9%
vs $7M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 26, 2026
Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $3.3 Million

WARRENVILLE, Ill., Oct. 26, 2026 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the award of multiple Air Pollution Control (APC) contract amendments valued at approximately $3.3 million for utility and industrial customers.

GlobeNewsWire·Oct 22, 2026
Fuel Tech Schedules 2026 Third Quarter Financial Results and Conference Call

WARRENVILLE, Ill., Oct. 22, 2026 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced that it will issue its financial results for the third quarter ended September 30, 2026 on Tuesday, November 3, 2026 after the close of the stock market.

Zacks Investment Research·Oct 16, 2026
4 Pollution Control Stocks to Watch on Robust Industry Trends

The Zacks Pollution Control industry is poised to gain from healthy demand for products, driven by global initiatives to tackle greenhouse gas emissions. DCI, CECO, FTEK and LIQT are some notable stocks in the industry.

GlobeNewsWire·Sep 11, 2026
Fuel Tech Announces Air Pollution Control Contracts Valued at Approximately $2.8 Million

WARRENVILLE, Ill., Sept. 11, 2026 (GLOBE NEWSWIRE) -- Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today announced the award of multiple air pollution control (APC) contracts valued at approximately $2.8 million for utility and industrial customers.

Filtered for Fuel Tech, Inc.More Headlines
04

Compare before deciding

Benchmark FTEK against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Fuel Tech, Inc. (FTEK)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FTEK logoFTEKFuel Tech, Inc.Current
$1.35$42.07M-10.406.14%-14.22%-10.59%—
CECO logoCECOCECO Environmental Corp.
$48.60$2.84B-77.5138.79%-2.98%-3.58%—
CLIR logoCLIRClearSign Technologies Corporation
$2.36$14.89M-2.6745.55%-96.07%-58.08%—
PESI logoPESIPerma-Fix Environmental Services, Inc.
$14.05$297.91M-13.074.33%-39.55%-52.39%—
GEV logoGEVGE Vernova Inc.
$774.11$206.17B20.018.94%23.54%78.23%0.13%
ETN logoETNEaton Corporation plc
$341.72$132.69B34.1510.33%12.19%19.34%1.22%

Compare FTEK vs Peers

Fuel Tech, Inc. (FTEK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CECO

Most directly comparable listed peer for FTEK.

Scale Benchmark

vs GEV

Larger-name benchmark to compare FTEK against a more recognizable public peer.

Peer Set

Compare Top 5

vs CECO, CLIR, PESI, GEV

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

FTEK SEC Filings & Documents

Fuel Tech, Inc. (FTEK) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Aug 4, 2026·SEC

Material company update

Aug 4, 2026·SEC

10-K Annual Reports

3
FY 2026

Mar 3, 2026·SEC

FY 2025

Mar 4, 2025·SEC

FY 2024

Mar 11, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 3, 2026·SEC

FY 2026

Aug 4, 2026·SEC

FY 2026

May 5, 2026·SEC

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FTEK Frequently Asked Questions

Fuel Tech, Inc. (FTEK) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Fuel Tech, Inc.'s revenue?

Fuel Tech, Inc. (FTEK) reported $28.5M in revenue over the trailing twelve months. Revenue was $26.7M in fiscal year 2025. That is 13239% more than the $0.2M of fiscal year 1996.

How fast is Fuel Tech, Inc. growing?

Fuel Tech, Inc. (FTEK) grew revenue by 15.3% over the trailing twelve months, compared with the twelve months before.

Is FTEK profitable?

No. Fuel Tech, Inc. (FTEK) reported a net loss of $4.1M over the trailing twelve months.

Dividend & Returns
What is FTEK's return on equity?

Fuel Tech, Inc. (FTEK) had a return on equity (ROE) of -10.6% over the trailing twelve months. A negative ROE means the company lost money over the period.

What is Fuel Tech, Inc.'s free cash flow?

Fuel Tech, Inc. (FTEK) had negative free cash flow of $5.4M over the trailing twelve months.

What if you invested $1,000 in FTEK back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →