(FTK) Flotek Industries - Overview
Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 721m USD | Total Return: 36.8% in 12m
Avg Turnover: 4.84M
Qual. Beats: 0
Rev. Trend: 78.5%
Qual. Beats: 2
Warnings
Share dilution 20.7% YoY
Altman Z'' -4.08 < 1.0 - financial distress zone
Fakeout Choppy
Tailwinds
No distinct edge detected
Flotek Industries, Inc. (FTK) is a Houston-based company providing specialized chemistry and data analytics solutions to the global energy sector. The business operates through two primary segments: Chemistry Technologies, which develops proprietary chemical applications for oil, gas, and renewable energy providers, and Data Analytics, which focuses on real-time process control and emissions reduction software.
The company represents a specialized niche within the oilfield services sector, where chemical providers are increasingly transitioning toward green chemistry to assist operators in meeting ESG mandates. Flotek’s business model integrates physical product sales with digital monitoring services, aiming to reduce carbon intensity while optimizing production efficiency for integrated and national oil companies.
Investors can further examine these operational segments and financial trends on ValueRay. Flotek utilizes a direct sales model and contractual agency agreements to distribute its technologies across the United States and the Middle East.
- Proppant and chemical demand shifts within North American shale completions
- Revenue growth tied to Data Analytics segment adoption for process control
- Success of multi-year chemistry supply agreement with ProFrac Holding Corp
- Crude oil price volatility influencing exploration and production capital expenditures
- Expansion of specialty chemistry solutions into geothermal and alternative energy markets
| Net Income: 29.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -3.86 > 1.0 |
| NWC/Revenue: 22.65% < 20% (prev 26.21%; Δ -3.56% < -1%) |
| CFO/TA -0.00 > 3% & CFO -568k > Net Income 29.8m |
| Net Debt (52.0m) to EBITDA (30.0m): 1.74 < 3 |
| Current Ratio: 1.83 > 1.5 & < 3 |
| Outstanding Shares: last quarter (38.3m) vs 12m ago 20.75% < -2% |
| Gross Margin: 24.72% > 18% (prev 0.21%; Δ 2.45k% > 0.5%) |
| Asset Turnover: 125.3% > 50% (prev 118.7%; Δ 6.66% > 0%) |
| Interest Coverage Ratio: 5.06 > 6 (EBITDA TTM 30.0m / Interest Expense TTM 5.04m) |
| A: 0.25 (Total Current Assets 125.8m - Total Current Liabilities 68.7m) / Total Assets 231.8m |
| B: -1.21 (Retained Earnings -281.1m / Total Assets 231.8m) |
| C: 0.13 (EBIT TTM 25.5m / Avg Total Assets 201.0m) |
| D: -2.47 (Book Value of Equity -281.0m / Total Liabilities 113.7m) |
| Altman-Z'' = -4.08 = D |
| DSRI: 1.12 (Receivables 103.0m/73.8m, Revenue 252.0m/202.0m) |
| GMI: 0.86 (GM 24.72% / 21.29%) |
| AQI: 0.94 (AQ_t 0.35 / AQ_t-1 0.37) |
| SGI: 1.25 (Revenue 252.0m / 202.0m) |
| TATA: 0.13 (NI 29.8m - CFO -568k) / TA 231.8m) |
| Beneish M = -2.78 (Cap -4..+1) = A |
As of May 29, 2026, the stock is trading at USD 20.48 with a total of 152,285 shares traded.
Over the past week, the price has changed by +4.83%,
over one month by +2.17%,
over three months by +7.14% and
over the past year by +36.77%.
Flotek Industries has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy FTK.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 22.6 | 10.4% |
P/E Trailing = 25.2152
P/E Forward = 32.1543
P/S = 2.8603
P/B = 6.0982
P/EG = 4.317
Revenue TTM = 252.0m USD
EBIT TTM = 25.5m USD
EBITDA TTM = 30.0m USD
Long Term Debt = 39.6m USD (from longTermDebt, last quarter)
Short Term Debt = 6.11m USD (from shortTermDebt, last quarter)
Debt = 57.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 6.78m
Net Debt = 52.0m USD (calculated: Debt 57.8m - CCE 5.78m)
Enterprise Value = 772.7m USD (720.7m + Debt 57.8m - CCE 5.78m)
Interest Coverage Ratio = 5.06 (Ebit TTM 25.5m / Interest Expense TTM 5.04m)
EV/FCF = -261.4x (Enterprise Value 772.7m / FCF TTM -2.96m)
FCF Yield = -0.38% (FCF TTM -2.96m / Enterprise Value 772.7m)
FCF Margin = -1.17% (FCF TTM -2.96m / Revenue TTM 252.0m)
Net Margin = 11.83% (Net Income TTM 29.8m / Revenue TTM 252.0m)
Gross Margin = 24.72% ((Revenue TTM 252.0m - Cost of Revenue TTM 189.7m) / Revenue TTM)
Gross Margin QoQ = 21.28% (prev 22.50%)
Tobins Q-Ratio = 3.33 (Enterprise Value 772.7m / Total Assets 231.8m)
Interest Expense / Debt = 8.72% (Interest Expense 5.04m / Debt 57.8m)
Taxrate = 25.65% (1.61m / 6.27m)
NOPAT = 19.0m (EBIT 25.5m * (1 - 25.65%))
Current Ratio = 1.83 (Total Current Assets 125.8m / Total Current Liabilities 68.7m)
Debt / Equity = 0.49 (Debt 57.8m / totalStockholderEquity, last quarter 118.2m)
Debt / EBITDA = 1.74 (Net Debt 52.0m / EBITDA 30.0m)
Debt / FCF = -17.61 (negative FCF - burning cash) (Net Debt 52.0m / FCF TTM -2.96m)
Total Stockholder Equity = 103.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 14.83% (Net Income 29.8m / Total Assets 231.8m)
RoE = 7.75% (Net Income TTM 29.8m / Total Stockholder Equity 384.5m)
RoCE = 6.02% (EBIT 25.5m / Capital Employed (Equity 384.5m + L.T.Debt 39.6m))
RoIC = 11.61% (NOPAT 19.0m / Invested Capital 163.4m)
WACC = 13.15% (E(720.7m)/V(778.5m) * Re(13.68%) + D(57.8m)/V(778.5m) * Rd(8.72%) * (1-Tc(0.26)))
Discount Rate = 13.68% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 86.67 | Cagr: 10.71%
[DCF] Fair Price = unknown (Cash Flow -2.96m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.07 | # QB: 0
Revenue Correlation: 78.47 | Revenue CAGR: 10.60% | SUE: 1.41 | # QB: 2
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=-32.35% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.15 | Chg30d=-19.81% | Revisions=-33% | Analysts=4
EPS current Year (2026-12-31): EPS=0.54 | Chg30d=-27.03% | Revisions=-20% | GrowthEPS=-45.1% | GrowthRev=+18.5%
EPS next Year (2027-12-31): EPS=0.80 | Chg30d=-13.98% | Revisions=+20% | GrowthEPS=+48.1% | GrowthRev=+11.8%
[Analyst] Revisions Ratio: -33%