Stock Fundamentals

Company Information

Company Name
Fuel Tech Inc
Sector
Industrials
Industry
Pollution & Treatment Controls
Exchange
NASDAQ
ISIN: US3595231073
CIK: 0000846913
CUSIP: 359523107
Currency: USD
Full Time Employees: 77
Phone: 630 845 4500
Fiscal Year End: December
IPO Date: Sep 07, 1993
Description:

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.

Address:

27601 Bella Vista Parkway, Warrenville, IL, United States, 60555-1617

Directors & Officers

Name Title Year Born
Mr. Vincent J. Arnone Chairman, CEO & President 1964
Ms. Ellen T. Albrecht VP, CFO & Treasurer 1973
Mr. William E. Cummings Jr. Senior Vice President of Sales 1957
Dr. William H. Sun Vice President of International Business & Technologies 1958
Mr. Bradley W. Johnson VP, General Counsel & Secretary 1966
Mr. Kevin R. Dougherty Vice President of Business Development & Marketing 1962

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 06, 2026 Vincent J Arnone N/A Purchase 10.00K $1.24 $12.40K

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Grace & White Inc 1.54M Mar 31, 2026 4.95% $0.33 3.73%
Renaissance Technologies Corp 1.41M Mar 31, 2026 4.52% $0.00 22.63%
Vanguard Group Inc 1.13M Dec 31, 2025 3.61% $0.00 11.06%
Vanguard Capital Management, LLC 988.00K Mar 31, 2026 3.17% $0.00 0.00%
Geode Capital Management, LLC 532.81K Mar 31, 2026 1.71% $0.00 2.67%
Peapod Lane Capital LLC 478.84K Mar 31, 2026 1.54% $0.48 33.14%
BlackRock Inc 410.36K Mar 31, 2026 1.32% $0.00 0.00%
U.S. Bancorp 304.78K Mar 31, 2026 0.98% $0.00 0.00%
GSA Capital Partners LLP 246.25K Mar 31, 2026 0.79% $0.02 669.27%
Two Sigma Investments LLC 238.08K Mar 31, 2026 0.76% $0.00 88.71%
Citadel Advisors Llc 221.40K Mar 31, 2026 0.71% $0.00 -56.07%
Beartown Capital Management, LLC 146.69K Mar 31, 2026 0.47% $0.09 -8.33%
Susquehanna International Group, LLP 140.09K Mar 31, 2026 0.45% $0.00 -41.13%
Vanguard Fiduciary Trust Co 132.51K Mar 31, 2026 0.43% $0.00 0.00%
State Street Corp 121.85K Mar 31, 2026 0.39% $0.00 0.00%
XTX Topco Ltd 118.25K Mar 31, 2026 0.38% $0.00 -33.68%
Essex Investment Management Company, LLC 77.25K Mar 31, 2026 0.25% $0.01 0.00%
Jane Street Group LLC 70.80K Mar 31, 2026 0.23% $0.00 -72.85%
Two Sigma Advisers, LLC 67.50K Dec 31, 2025 0.22% $0.00 0.00%
Group One Trading, LP 42.51K Dec 31, 2025 0.14% $0.00 40.73%

Shares Statistics

Shares Outstanding: 31.17M
Shares Float: 23.73M
% Insiders: 2,335.70%
% Institutions: 2,435.00%
Short % Float: 0.23%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Stock Mkt Idx Inv 731.73K 2.35% ▲ 0.00% Apr 30, 2026
2 Vanguard Institutional Extnd Mkt Idx Tr 256.27K 0.82% ▲ 0.00% Apr 30, 2026
3 Fidelity Nasdaq Composite ETF 236.48K 0.76% ▲ 0.00% May 29, 2026
4 Fidelity Extended Market Index 137.61K 0.44% ▼ 0.36% Apr 30, 2026
5 Fidelity Total Market Index 68.52K 0.22% ▲ 0.00% Apr 30, 2026
6 Extended Equity Market Fund B 56.74K 0.18% ▲ 0.00% Dec 31, 2025
7 Blackrock Extended Mkt Fund CF 56.74K 0.18% ▲ 0.00% Apr 30, 2026
8 Extended Equity Market Fund E 56.74K 0.18% ▲ 0.00% Dec 31, 2025
9 BlackRock Extended Equity Market Fund K 48.31K 0.16% ▼ 0.73% Mar 31, 2026
10 Fidelity Series Total Market Index 33.21K 0.11% ▲ 0.00% Apr 30, 2026

Valuation Metrics

Enterprise Value: $20.74M
Trailing P/E: 0.00
Forward P/E: 125.00

Financial Highlights

Market Cap: $41.76M
EBITDA: $-3.60M
PEG Ratio: $2.33
Book Value: $1.28
Earnings/Share: $-0.10
Profit Margin: -11.15%
Operating Margin: -26.25%
ROA (TTM): -5.93%
ROE (TTM): -7.35%
Revenue (TTM): $26.38M
Revenue/Share (TTM): $0.85
Earnings Growth (YOY): 276.00%
Revenue Growth (YOY): -4.70%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Yearly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Earnings Per Share (EPS) History

Financial Ratios

Balance Sheet (Yearly)

Financial Ratios

Date Current Ratio Debt/Equity Debt/Assets Interest Coverage Debt/EBITDA
2025-12-31 5.09x 0.00x 0.15x N/A -0.06x
2024-12-31 5.06x 0.00x 0.14x N/A -0.05x
2023-12-31 6.74x 0.00x 0.13x -126.57x -0.07x
2022-12-31 7.52x 0.00x 0.11x -89.82x -0.13x
2021-12-31 12.87x 0.00x 0.08x -78.37x 0.14x
2020-12-31 3.81x 0.08x 0.26x -1,084.00x -0.51x
2019-12-31 4.51x 0.01x 0.18x -11.26x -0.03x
2018-12-31 2.37x 0.04x 0.34x N/A 0.97x
2017-12-31 2.15x 0.07x 0.32x N/A -0.98x
2016-12-31 2.89x 0.04x 0.25x N/A -0.31x
2015-12-31 3.17x 0.03x 0.22x -305.81x -0.42x
2014-12-31 3.13x 0.02x 0.21x -201.30x -0.08x
2013-12-31 3.35x 0.02x 0.19x 142.86x 0.15x
2012-12-31 2.86x 0.00x 0.20x 55.91x 0.00x
2011-12-31 2.93x 0.01x 0.21x 65.20x 0.09x
2010-12-31 3.06x 0.03x 0.19x 27.53x 0.29x
2009-12-31 3.58x 0.04x 0.15x -25.68x 1.61x
2008-12-31 4.24x 0.03x 0.17x 49.01x 0.22x
2007-12-31 2.99x 0.03x 0.27x 447.46x 0.16x
2006-12-31 3.21x 0.00x 0.27x N/A 0.00x
2005-12-31 2.46x 0.00x 0.32x N/A 0.00x
2004-12-31 3.59x 0.00x 0.20x N/A 0.00x
2003-12-31 3.76x 0.00x 0.20x 40.04x 0.00x
2002-12-31 2.99x 0.11x 0.35x 19.91x 0.49x
2001-12-31 2.32x 0.21x 0.35x -4.89x -50.94x
2000-12-31 3.42x 0.25x 0.37x 3.88x 1.53x
1999-12-31 2.68x 0.07x 0.44x N/A 0.16x
1998-12-31 2.36x 0.10x 0.46x 13.00x 0.33x
1997-12-31 3.57x 0.00x 0.12x N/A 0.00x
1996-12-31 8.80x 0.00x 0.06x N/A 0.00x
1995-12-31 13.00x 0.00x 0.04x N/A 0.00x
1994-12-31 9.43x 0.00x 0.07x N/A 0.00x
1993-12-31 21.75x 0.00x 0.03x N/A 0.00x
1992-12-31 3.00x 0.00x 0.13x N/A 0.00x

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