Fuel Tech (FTEK) Stock Price

Fuel Tech Price

NASDAQ·CLOSED
1.48USD-0.05 (-3.32 %)
Market closed

Revenue at Fuel Tech has contracted by 5.3% per year over the past 19 years to 26.68 M USD. Earnings per share have declined at 25.5% per year over the last 15 years. Fuel Tech's net margin stands at -8.7%, down from 0.4% several years earlier. Analysts set a median price target of 4.08 USD, implying 175.7% above the current price. Of 7 analysts, 6 rate the stock a buy — an overall Buy consensus. The stock trades about 24% above its 52-week low.

Fuel Tech stock price

Volume
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Fuel Tech over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Fuel Tech stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Fuel Tech's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Fuel Tech Stock Price History
DateFuel Tech Price
7/20/20261.48 USD
7/17/20261.53 USD
7/16/20261.55 USD
7/15/20261.57 USD
7/14/20261.60 USD
7/13/20261.71 USD
7/10/20261.68 USD
7/9/20261.69 USD
7/8/20261.68 USD
7/7/20261.78 USD
7/6/20261.81 USD
7/2/20261.87 USD
7/1/20262.08 USD
6/30/20262.21 USD
6/29/20262.06 USD
6/26/20262.15 USD
6/25/20261.91 USD
6/24/20261.93 USD
6/23/20261.99 USD
6/22/20261.73 USD
6/18/20261.54 USD
6/17/20261.46 USD
6/16/20261.31 USD
6/15/20261.31 USD
6/12/20261.34 USD
6/11/20261.34 USD
6/10/20261.30 USD
6/9/20261.31 USD
6/8/20261.35 USD
6/5/20261.36 USD
6/4/20261.46 USD
6/3/20261.44 USD
6/2/20261.47 USD
6/1/20261.48 USD
5/29/20261.48 USD
5/28/20261.51 USD
5/27/20261.51 USD
5/26/20261.48 USD
5/22/20261.48 USD
5/21/20261.45 USD
5/20/20261.46 USD
5/19/20261.48 USD
5/18/20261.45 USD
5/15/20261.48 USD
5/14/20261.45 USD
5/13/20261.44 USD
5/12/20261.46 USD
5/11/20261.49 USD
5/8/20261.52 USD
5/7/20261.53 USD
5/6/20261.38 USD
5/5/20261.59 USD
5/4/20261.63 USD
5/1/20261.61 USD
4/30/20261.57 USD
4/29/20261.66 USD
4/28/20261.55 USD
4/27/20261.37 USD
4/24/20261.35 USD
4/23/20261.33 USD
4/22/20261.35 USD
4/21/20261.37 USD
4/20/20261.37 USD
4/17/20261.35 USD
4/16/20261.35 USD
4/15/20261.38 USD
4/14/20261.32 USD
4/13/20261.28 USD
4/10/20261.27 USD
4/9/20261.30 USD
4/8/20261.29 USD
4/7/20261.27 USD
4/6/20261.23 USD
4/2/20261.22 USD
4/1/20261.26 USD
3/31/20261.22 USD
3/30/20261.19 USD
3/27/20261.25 USD
3/26/20261.25 USD
3/25/20261.27 USD
3/24/20261.26 USD
3/23/20261.23 USD
3/20/20261.24 USD
3/19/20261.24 USD
3/18/20261.25 USD
3/17/20261.26 USD
3/16/20261.25 USD
3/13/20261.25 USD
3/12/20261.27 USD
3/11/20261.29 USD
3/10/20261.29 USD
3/9/20261.23 USD
3/6/20261.23 USD
3/5/20261.25 USD
3/4/20261.24 USD
3/3/20261.38 USD
3/2/20261.49 USD
2/27/20261.42 USD
2/26/20261.40 USD
2/25/20261.42 USD
2/24/20261.33 USD
2/23/20261.34 USD
2/20/20261.45 USD
2/19/20261.38 USD
2/18/20261.38 USD
2/17/20261.37 USD
2/13/20261.26 USD
2/12/20261.27 USD
2/11/20261.33 USD
2/10/20261.35 USD
2/9/20261.40 USD
2/6/20261.38 USD
2/5/20261.26 USD
2/4/20261.33 USD
2/3/20261.40 USD
2/2/20261.41 USD
1/30/20261.36 USD
1/29/20261.39 USD
1/28/20261.35 USD
1/27/20261.45 USD
1/26/20261.40 USD
1/23/20261.52 USD
1/22/20261.59 USD
1/21/20261.55 USD
1/20/20261.56 USD
1/16/20261.54 USD
1/15/20261.60 USD
1/14/20261.53 USD
1/13/20261.55 USD
1/12/20261.59 USD
1/9/20261.61 USD
1/8/20261.62 USD
1/7/20261.62 USD
1/6/20261.62 USD
1/5/20261.69 USD
1/2/20261.71 USD
12/31/20251.56 USD
12/30/20251.53 USD
12/29/20251.53 USD
12/26/20251.63 USD
12/24/20251.61 USD
12/23/20251.61 USD
12/22/20251.68 USD
12/19/20251.67 USD
12/18/20251.58 USD
12/17/20251.52 USD
12/16/20251.52 USD
12/15/20251.68 USD
12/12/20251.72 USD
12/11/20251.82 USD
12/10/20251.80 USD
12/9/20251.85 USD
12/8/20251.80 USD
12/5/20251.69 USD
12/4/20251.79 USD
12/3/20251.83 USD
12/2/20251.77 USD
12/1/20251.76 USD
11/28/20251.80 USD
11/26/20251.81 USD
11/25/20251.79 USD
11/24/20251.77 USD
11/21/20251.71 USD
11/20/20251.60 USD
11/19/20251.72 USD
11/18/20251.74 USD
11/17/20251.79 USD
11/14/20251.84 USD
11/13/20251.86 USD
11/12/20251.97 USD
11/11/20252.07 USD
11/10/20252.07 USD
11/7/20252.11 USD
11/6/20252.12 USD
11/5/20252.20 USD
11/4/20252.52 USD
11/3/20252.64 USD
10/31/20252.48 USD
10/30/20252.56 USD
10/29/20252.64 USD
10/28/20252.72 USD
10/27/20252.74 USD
10/24/20252.81 USD
10/23/20252.87 USD
10/22/20252.85 USD
10/21/20253.00 USD
10/20/20253.10 USD
10/17/20253.00 USD
10/16/20253.19 USD
10/15/20253.12 USD
10/14/20253.08 USD
10/13/20252.95 USD
10/10/20252.81 USD
10/9/20253.03 USD
10/8/20253.08 USD
10/7/20253.08 USD
10/6/20252.96 USD
10/3/20252.98 USD
10/2/20252.91 USD
10/1/20252.89 USD
9/30/20253.00 USD
9/29/20252.93 USD
9/26/20253.03 USD
9/25/20253.07 USD
9/24/20253.23 USD
9/23/20253.52 USD
9/22/20253.41 USD
9/19/20253.18 USD
9/18/20253.32 USD
9/17/20253.05 USD
9/16/20253.28 USD
9/15/20253.55 USD
9/12/20253.63 USD
9/11/20253.39 USD
9/10/20253.18 USD
9/9/20252.97 USD
9/8/20252.87 USD
9/5/20252.87 USD
9/4/20252.89 USD
9/3/20252.86 USD
9/2/20252.89 USD
8/29/20252.92 USD
8/28/20253.00 USD
8/27/20252.91 USD
8/26/20253.14 USD
8/25/20252.75 USD
8/22/20252.77 USD
8/21/20252.69 USD
8/20/20252.64 USD
8/19/20252.61 USD
8/18/20252.81 USD
8/15/20252.86 USD
8/14/20252.85 USD
8/13/20253.00 USD
8/12/20253.05 USD
8/11/20252.86 USD
8/8/20253.00 USD
8/7/20253.05 USD
8/6/20252.94 USD
8/5/20252.96 USD
8/4/20252.80 USD
8/1/20252.57 USD
7/31/20252.65 USD
7/30/20252.69 USD
7/29/20252.63 USD
7/28/20252.69 USD
7/25/20252.84 USD
7/24/20252.82 USD
7/23/20252.82 USD
7/22/20252.69 USD
Access this data via the Eulerpool API

Fuel Tech Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
27.08 M USD
-2.66 M USD
-1.54 M USD
Jan 1, 2024
25.13 M USD
-4.70 M USD
-1.94 M USD
Jan 1, 2025
26.68 M USD
-3.68 M USD
-2.32 M USD
Jan 1, 2026 (e)
30.46 M USD
-3.40 M USD
315,557.42 USD
Jan 1, 2027 (e)
34.00 M USD
-2.48 M USD
1.26 M USD
Jan 1, 2028 (e)
39.58 M USD
-836,400.00 USD
3.16 M USD
Jan 1, 2029 (e)
58.71 M USD
6.18 M USD
5.36 M USD
Jan 1, 2030 (e)
67.63 M USD
0.00 USD
6.94 M USD

Fuel Tech Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 21, 2026, 10:42 PM
 
REVENUEM USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEM USD
EBITM USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
SHARESM
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
55.0045.0056.0030.0022.0024.0026.0027.0025.0026.0030.0033.0039.0058.0067.0076.00
-24.66-18.1824.44-46.43-26.679.098.333.85-7.414.0015.3810.0018.1848.7215.5213.43
32.7340.0035.7133.3345.4545.8342.3140.7440.0046.1546.1546.1546.1546.1546.1546.15
18.0018.0020.0010.0010.0011.0011.0011.0010.0012.0013.8515.2318.0026.7730.9235.08
-8.00-4.00-7.00-4.00-1.00-1.00-2.00-4.00-3.00-3.00-2.006.00
-14.55-8.89-23.33-18.18-4.17-3.85-7.41-16.00-11.54-10.00-6.0610.34
-17.00-10.00-7.00-4.00-1.00-1.00-1.00-2.001.003.005.006.008.00
41.67-41.18-42.86100.00200.0066.6720.0033.33
23.4023.9024.2024.2024.7029.7030.3030.3530.5730.9430.9430.9430.9430.9430.9430.94
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Fuel Tech generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Fuel Tech retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Fuel Tech's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Fuel Tech has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Fuel Tech's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Fuel Tech stock margins

The Fuel Tech margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Fuel Tech. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Fuel Tech.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
48.97 %
-6.17 %
0.41 %
Jan 1, 2022
43.12 %
-5.58 %
-5.20 %
Jan 1, 2023
43.04 %
-9.82 %
-5.68 %
Jan 1, 2024
42.27 %
-18.71 %
-7.73 %
Jan 1, 2025
46.42 %
-13.80 %
-8.71 %
Jan 1, 2026 (e)
46.42 %
-11.17 %
1.04 %
Jan 1, 2027 (e)
46.42 %
-7.30 %
3.71 %
Jan 1, 2028 (e)
46.42 %
-2.11 %
7.97 %

Fuel Tech Stock Revenue, EBIT, Earnings per Share

The Fuel Tech earnings per share therefore indicates how much revenue Fuel Tech has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
0.82 USD
-0.05 USD
0.00 USD
Jan 1, 2022
0.89 USD
-0.05 USD
-0.05 USD
Jan 1, 2023
0.89 USD
-0.09 USD
-0.05 USD
Jan 1, 2024
0.82 USD
-0.15 USD
-0.06 USD
Jan 1, 2025
0.86 USD
-0.12 USD
-0.08 USD
Jan 1, 2026 (e)
0.98 USD
-0.11 USD
0.01 USD
Jan 1, 2027 (e)
1.10 USD
-0.08 USD
0.04 USD
Jan 1, 2028 (e)
1.28 USD
-0.03 USD
0.10 USD

Fuel Tech business model & stock analysis

Fuel Tech is an American company that has been offering solutions for air pollution control and combustion process efficiency improvement since 1987. The company is headquartered in Warrenville, Illinois and has offices in Europe and Asia. History: Fuel Tech was founded with the aim of addressing the emerging requirements for air pollution control, primarily due to the formation of acid rain. In its early years, the company focused on the research and development of sorbent-based solutions and later expanded its technology portfolio to cover a wide range of applications. Business Model: Fuel Tech is a technology company that focuses on the development and commercialization of advanced emissions control technologies for coal and gas combustion processes. The company's business model is to offer technologies to customers, primarily energy generators, industrial companies, and government agencies, to help them achieve their emissions reduction goals while increasing their efficiency and profitability. Fuel Tech provides customized solutions tailored to the individual requirements of customers and supports their continuous improvement. Segments: Fuel Tech has various business divisions, including Air Pollution Control, FUEL CHEM, Fuel Conversion, and Specialty Chemicals. Air Pollution Control: This business segment focuses on the development and provision of technologies for the control of nitrogen oxides (NOx), sulfur oxides (SOx), particulates, and other harmful gases. The products of this segment include SCR systems, LNB systems, SNCR systems, OxyBurn systems, chimney injection nozzles, as well as a wide range of catalysts, injection, and dosing systems. FUEL CHEM: Fuel Tech's FUEL CHEM technologies help improve combustion efficiency and emissions control for coal, biomass, and other solid fuels. The two main products within this segment are: FUEL CHEM for coal - a chemical additive that enhances coal combustion - and TRIM Technologies - a patented technology that enables effective nitrogen oxide reduction in the combustion of solid fuels. Fuel Conversion: This business segment focuses on the development of coal conversion technologies such as coal-to-gas and coal-to-liquid (CTL) processes. Fuel Tech also offers turnkey coal gasification power plants (CGTPs) and coal-to-oil power plants with integrated emissions control and energy recovery to its customers. Specialty Chemicals: This business segment specializes in the development and commercialization of chemicals used in various industries such as pulp and paper, mineral processing, petroleum, and others. The product range includes chemical flow improvers, anti-stick agents, foam agents, release agents, deflocculants, and others. Conclusion: Fuel Tech is a leading provider of emissions control technologies for the energy industry and other industrial sectors. The company offers a comprehensive range of solutions that allow it to quickly adapt to the constantly changing requirements of customers and markets. With a clear vision and a focus on continuous research and development of the best technologies, Fuel Tech provides leading solutions for improving air quality and combustion process efficiency.

Fuel Tech SWOT Analysis

Strengths

  • Strong technological expertise in advanced engineering solutions for the energy sector.
  • Established global presence and client base, providing a wide market reach.
  • Diversified product portfolio catering to different segments of the energy industry.

Weaknesses

  • Reliance on the performance and growth of the energy sector, making the company susceptible to market fluctuations.
  • Limited financial resources compared to larger competitors, potentially impacting the ability to invest in research and development.

Opportunities

  • Increasing global demand for cleaner energy solutions offers growth potential for Fuel Tech's emissions control technologies.
  • Emerging markets, such as Asia-Pacific, present opportunities for expansion and new industry collaborations.

Threats

  • Intense competition in the energy sector may pose challenges for market differentiation and pricing pressures.
  • Stringent environmental regulations can create both opportunities and threats for Fuel Tech, depending on clients' ability to comply.

Fuel Tech Segments

Fuel Tech Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Technology Solutions
Spare Parts
Ancillary Revenue
Details
Date
Technology Solutions
Spare Parts
Ancillary Revenue
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
18.12 M USD
1.08 M USD
2.16 M USD
Jan 1, 2019
16.39 M USD
1.03 M USD
2.41 M USD
Jan 1, 2020
13.99 M USD
906,000.00 USD
1.98 M USD
Jan 1, 2021
17.37 M USD
1.14 M USD
1.57 M USD
Jan 1, 2023
13.60 M USD
2.24 M USD
1.75 M USD

Fuel Tech Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Air Pollution Control Segment
FUEL CHEM
FUEL CHEM Segment
Air Pollution Control
Other
Fuel Conversion Segment
Details
Date
Air Pollution Control Segment
FUEL CHEM
FUEL CHEM Segment
Air Pollution Control
Other
Fuel Conversion Segment
Jan 1, 2015
43.49 M USD
0.00 USD
30.18 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
34.05 M USD
0.00 USD
21.11 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
27.81 M USD
0.00 USD
17.36 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
38.42 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
14.08 M USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
13.60 M USD
0.00 USD
13.48 M USD
0.00 USD
0.00 USD

Fuel Tech Revenue by Segment (3/5)

  • Max

Other Segments
Details
Date
Other Segments
Jan 1, 2015
0.00 USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2023
0.00 USD

Fuel Tech Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

FUEL CHEM
Details
Date
FUEL CHEM
Jan 1, 2015
0.00 USD
Jan 1, 2016
0.00 USD
Jan 1, 2017
0.00 USD
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
13.99 M USD
Jan 1, 2021
17.37 M USD
Jan 1, 2023
0.00 USD

Fuel Tech Revenue by Segment (5/5)

  • 3 Years

  • 5 Years

  • Max

Air Pollution Control
Other Segments
Details
Date
Air Pollution Control
Other Segments
Jan 1, 2015
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2018
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
Jan 1, 2020
8.56 M USD
0.00 USD
Jan 1, 2021
6.90 M USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD

Fuel Tech Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

United States
Other Countries
Foreign
Europe
Asia
South America
Americas
Americas, Excluding United States
CHINA
Details
Date
United States
Other Countries
Foreign
Europe
Asia
South America
Americas
Americas, Excluding United States
CHINA
Jan 1, 2015
51.49 M USD
0.00 USD
22.18 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2016
42.55 M USD
0.00 USD
12.62 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
29.51 M USD
0.00 USD
15.66 M USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2018
43.89 M USD
0.00 USD
12.65 M USD
6.26 M USD
5.10 M USD
1.29 M USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
25.88 M USD
0.00 USD
4.59 M USD
2.32 M USD
1.49 M USD
777,000.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
18.62 M USD
3.93 M USD
0.00 USD
1.66 M USD
1.72 M USD
0.00 USD
0.00 USD
549,000.00 USD
25,000.00 USD
Jan 1, 2021
19.52 M USD
4.75 M USD
0.00 USD
1.89 M USD
2.50 M USD
0.00 USD
0.00 USD
356,000.00 USD
22,000.00 USD
Jan 1, 2023
21.06 M USD
6.02 M USD
0.00 USD
3.06 M USD
2.38 M USD
0.00 USD
577,000.00 USD
0.00 USD
2,000.00 USD

Fuel Tech Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Fuel Tech historical P/E ratio, EBIT multiple, and P/S ratio

Fuel Tech annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Fuel Tech shares outstanding

The number of shares of Fuel Tech was 30.94 M in 2025. This indicates how many shares Fuel Tech is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
29.70 M Stocks
Jan 1, 2022
30.30 M Stocks
Jan 1, 2023
30.35 M Stocks
Jan 1, 2024
30.57 M Stocks
Jan 1, 2025
30.94 M Stocks
Jan 1, 2026 (e)
30.94 M Stocks
Jan 1, 2027 (e)
30.94 M Stocks
Jan 1, 2028 (e)
30.94 M Stocks

Current Fuel Tech forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy85.71 % (6)
Hold14.29 % (1)
Sell0.00 % (0)
12M Price Target
4.08
Last Price
1.48
Currency
USD
12M Return Potential
175.68 %
LTM Return
0 %

Fuel Tech Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/3/2026-0.02USD6.71 MUSD2026 Q2
5/12/20260.00USD7.77 MUSD2026 Q1
3/3/2026-0.03USD7.62 MUSD2025 Q4
3/2/2026-0.03USD7.62 MUSD2025 Q4
5/7/2024-0.02USD7.17 MUSD2024 Q1
3/5/2024-0.03USD7.03 MUSD2023 Q4
3/6/2023-0.03USD6.47 MUSD2022 Q4
11/8/2022-0.02USD6.72 MUSD2022 Q3
8/10/2022-0.03USD6.22 MUSD2022 Q2
5/10/2022-0.02USD6.04 MUSD2022 Q1

Fuel Tech shareholder structure

% Name
13.71896%
Bailey (Bettye J)
Bailey (Bettye J)
5.92546%
Bailey (Douglas G)
Bailey (Douglas G)
4.80293%
Grace & White, Inc.
Grace & White, Inc.
3.71075%
Renaissance Technologies LLC
Renaissance Technologies LLC
3.63966%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.67741%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
...

Fuel Tech Executives and Management Board

VA

Mr. Vincent Arnone

(61)

Chairman of the Board, President, Chief Executive Officer · since 1999

Compensation449,483.00 USD
EA

Ms. Ellen Albrecht

(52)

Chief Financial Officer, Vice President, Treasurer

Compensation345,720.00 USD
WC

Mr. William Cummings

(68)

Senior Vice President - Sales

Compensation339,710.00 USD
DZ

Mr. Dennis Zeitler

(76)

Independent Director

Compensation75,975.00 USD
SJ

Ms. Sharon Jones

(65)

Independent Director

Compensation73,475.00 USD

Frequently asked questions about Fuel Tech

Fuel Tech Inc. operates within the environmental technology industry and focuses on providing engineering solutions and technologies for air pollution control and advanced engineering solutions. The company primarily serves utility and industrial customers, helping them meet regulatory emission requirements and achieve fuel efficiency. Fuel Tech Inc.'s business model revolves around delivering innovative and cost-effective solutions for combustion optimization, emissions reduction, and waste to energy conversion. By leveraging its expertise in engineering and environmental technologies, the company aims to support its customers in achieving sustainable and cleaner operations while enhancing their overall operational efficiency.

All fundamentals and in-depth analysis of Fuel Tech

Our stock analysis for Fuel Tech stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fuel Tech. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.