Latest Ratios: P/E Ratio 26.4x · EV/EBITDA 19.6x · ROE 26.9%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $668M | $623M | $294M | $111M | $83M | $83M | $144M | $117M | $63M | $268M | $527M |
| Enterprise Value | $712M | $667M | $303M | $123M | $191M | $85M | $120M | $35M | $110M | $292M | $570M |
| P/E Ratio → | 26.38 | 20.51 | 28.03 | — | — | — | — | — | — | — | — |
| P/S Ratio | 2.81 | 2.63 | 1.57 | 0.59 | 0.61 | 1.92 | 2.71 | 0.98 | 0.36 | 0.85 | 2.00 |
| P/B Ratio | 7.09 | 5.51 | 2.58 | 1.09 | 32.11 | 4.11 | 3.06 | 0.68 | 0.31 | 1.01 | 1.83 |
| P/FCF | 127.91 | 119.34 | 207.16 | — | — | — | — | — | — | 38.29 | — |
| P/OCF | 92.68 | 86.48 | 87.58 | — | — | — | — | — | — | 16.31 | 254.92 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.81 | 1.62 | 0.66 | 1.40 | 1.96 | 2.26 | 0.29 | 0.62 | 0.92 | 2.17 |
| EV / EBITDA | 19.63 | 18.40 | 23.14 | 5.15 | — | — | — | — | — | 42.19 | 182.47 |
| EV / EBIT | 25.32 | 23.73 | 24.74 | 4.45 | — | — | — | — | — | — | — |
| EV / FCF | — | 127.85 | 213.10 | — | — | — | — | — | — | 41.62 | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.4% | 24.4% | 21.1% | 12.9% | -4.9% | 7.5% | -54.0% | 92.9% | 94.8% | 28.3% | 34.5% |
| Operating Margin | 11.9% | 11.9% | 6.5% | 12.3% | -26.0% | -72.7% | -270.3% | -63.3% | -39.3% | -0.9% | -2.8% |
| Net Profit Margin | 12.9% | 12.9% | 5.6% | 13.1% | -31.1% | -70.6% | -256.8% | -28.4% | -39.6% | -8.6% | -18.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 26.9% | 26.9% | 9.7% | 47.3% | -371.3% | -90.6% | -124.5% | -18.2% | -30.1% | -9.9% | -16.9% |
| ROA | 15.6% | 15.6% | 6.4% | 15.3% | -39.3% | -44.7% | -86.1% | -13.1% | -22.8% | -7.6% | -12.4% |
| ROIC | 15.1% | 15.1% | 7.7% | 15.6% | -40.3% | -104.3% | -191.6% | -33.6% | -19.5% | -0.7% | -1.6% |
| ROCE | 20.2% | 20.2% | 10.6% | 37.7% | -157.8% | -70.8% | -116.5% | -38.6% | -29.9% | -1.0% | -2.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.44 | 0.44 | 0.11 | 0.18 | 46.06 | 0.66 | 0.31 | 0.10 | 0.25 | 0.11 | 0.17 |
| Debt / EBITDA | 1.38 | 1.38 | 0.98 | 0.75 | — | — | — | — | — | 4.04 | 15.49 |
| Net Debt / Equity | — | 0.39 | 0.07 | 0.12 | 41.33 | 0.09 | -0.51 | -0.48 | 0.23 | 0.09 | 0.15 |
| Net Debt / EBITDA | 1.22 | 1.22 | 0.65 | 0.50 | — | — | — | — | — | 3.38 | 13.94 |
| Debt / FCF | — | 8.51 | 5.94 | — | — | — | — | — | — | 3.33 | — |
| Interest Coverage | 7.14 | 7.14 | 11.18 | 9.70 | -5.00 | -390.87 | -2376.15 | -36.55 | -27.14 | -4.25 | -2.36 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.80 | 1.80 | 1.92 | 1.60 | 0.53 | 2.27 | 2.30 | 3.72 | 2.31 | 2.14 | 2.07 |
| Quick Ratio | 1.63 | 1.63 | 1.65 | 1.33 | 0.43 | 1.77 | 1.89 | 3.16 | 1.99 | 0.97 | 1.43 |
| Cash Ratio | 0.09 | 0.09 | 0.09 | 0.12 | 0.08 | 0.61 | 1.34 | 2.43 | 0.04 | 0.07 | 0.05 |
| Asset Turnover | — | 1.08 | 1.10 | 1.19 | 0.83 | 0.86 | 0.62 | 0.52 | 0.62 | 0.96 | 0.68 |
| Inventory Turnover | 16.87 | 16.87 | 11.10 | 12.76 | 9.08 | 4.23 | 6.91 | 0.36 | 0.34 | 3.00 | 2.95 |
| Days Sales Outstanding | — | 139.79 | 147.73 | 104.99 | 131.24 | 112.17 | 83.57 | 49.75 | 82.55 | 43.42 | 83.19 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.8% | 4.9% | 3.6% | — | — | — | — | — | — | — | — |
| FCF Yield | 0.8% | 0.8% | 0.5% | — | — | — | — | — | — | 2.6% | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.2% | 0.3% | 2.6% | 0.4% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.2% | 0.3% | 2.6% | 0.4% |
| Shares Outstanding | — | $36M | $31M | $28M | $12M | $12M | $11M | $10M | $10M | $10M | $9M |
High customer concentration dependency
According to current market data, Flotek trades at a P/E of 26.38 and an EV/EBITDA of 19.63, suggesting that investors are pricing in a significant growth premium relative to the broader oilfield services sector, likely anticipating that the JP3 data platform will drive future margin expansion.
The current valuation multiples appear elevated compared to historical norms and peer averages, implying that the market is assigning a 'partnership premium' to the company's long-term supply agreements. Investors should monitor whether this valuation is supported by sustained earnings growth or if it represents an over-optimistic outlook on the scalability of the Data Analytics segment.
Based on reported figures, Flotek's ROIC has struggled to gain consistent momentum, hovering at 4.1% in 2026Q1, which indicates that the company is still in the early stages of effectively compounding capital despite the recent stabilization of its core Chemistry Technologies segment operations.
The modest return on invested capital suggests that the company's asset base is not yet generating high-quality returns, likely due to the heavy capital requirements of supporting large-scale supply contracts. A sustained improvement in ROIC will likely require a shift in the revenue mix toward the higher-margin Data Analytics business, which carries lower capital intensity.
As reported in quarterly filings, the cash conversion cycle reached 49 days in 2026Q1, reflecting the operational friction inherent in managing inventory and receivables within a high-dependency supply model that requires significant working capital to maintain service levels for its primary partners.
The DSO of 111 days suggests that Flotek may have limited leverage over its primary customers, forcing the company to carry significant accounts receivable on its balance sheet. This inefficiency warrants further investigation, as it directly impacts the company's ability to convert its reported operating profits into free cash flow.
Financial analysis suggests that the P/E ratio is a fundamentally flawed metric for evaluating Flotek, as it fails to account for the company's transition from a cyclical chemical vendor to a data-integrated service provider, thereby obscuring the potential for a structural re-rating of earnings quality.
Investors should instead focus on EV/Revenue or segment-specific contribution margins to better understand the underlying value of the Data Analytics business. Relying solely on P/E ratios risks misinterpreting the company's current earnings volatility as a permanent state, rather than a transitional phase in its business model evolution.
Includes 30+ ratios · 28 years · Updated daily
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Quick answers to the most common questions about buying FTK stock.
Flotek Industries, Inc.'s current P/E ratio is 26.4x. The historical average is 50.9x. This places it at the 38th percentile of its historical range.
Flotek Industries, Inc.'s current EV/EBITDA is 19.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 35.7x.
Flotek Industries, Inc.'s return on equity (ROE) is 26.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -49.0%.
Based on historical data, Flotek Industries, Inc. is trading at a P/E of 26.4x. This is at the 38th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Flotek Industries, Inc. has 24.4% gross margin and 11.9% operating margin. Operating margin between 10-20% is typical for established companies.
Flotek Industries, Inc.'s Debt/EBITDA ratio is 1.4x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.