Price as of close on Nov 3, 2026 · Financials updated Oct 8, 2026
Basics
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Market cap
899.7M USD
Enterprise value
907.1M USD
Full-time employees
158
Overall health
Strength:more profitable than most peersmore profitable than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: its share price swings more than most peers’ (beta 1.42 vs a peer median of 0.57)higher risk: bigger price swings (beta 1.42 vs peers 0.57)
Profitable, but burning cash. Reports a profit, but free cash flow is negative.
Flotek Industries reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Shareholders being diluted. Shares outstanding up 179% from December 2022 to August 2026.
Flotek Industries had 179% more shares at August 2026 than at December 2022, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Flotek Industries had 179% more shares at August 2026 than at December 2022, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Valuation signals disagree. Cheaper than 41% of peers on earnings, but only 0% on free cash flow.
Relative to its earnings, Flotek Industries looks cheaper than 41% of peers; relative to its free cash flow, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Fast revenue growth. Revenue grew 37% in the 12 months to June 2026 vs the 12 months before, faster than 92% of peers.
Revenue grew 37% in the 12 months to June 2026 vs the 12 months before, faster than 92% of its peers.
StockQuotient Score
56/ 100▲ 1 since Oct 27 closeOct 5 55 → Nov 4 56 (+1)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 14 → 13
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield4.2%
SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.28Sector median: 0.0522 · MAD: 0.0351
EBITDA yield4.3%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsReported value50% base weight · Z-score -1.51Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-0.5%
Yahoo Finance fallback · SEC cash flow or share count unavailable · trailing 12 months · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Score 83 → 84
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Why it changed since the Oct 27, 2026 close: Safety percentile 30 → 31
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Flotek Industries
Is Flotek Industries getting weaker?
Its latest SEC filing (Aug 6, 2026) got stronger: operating margin rose 2.8 points to 12.8%. Its overall score is 56/100, up 1 since Oct 28, 2026.
How is Flotek Industries valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 13/100 against 404 energy peers.Free cash flow yield -0.5% vs a peer median of 6.2% (weaker than 100% of peers).Free cash flow yield -0.5% vs peers 6.2% (weaker than 100% of peers).
Is Flotek Industries growing?
Yes, faster than most of its peers. Growth scores 94/100 against 404 energy peers.Revenue growth 36.8% vs a peer median of 0.5% (stronger than 92% of peers).Revenue growth 36.8% vs peers 0.5% (stronger than 92% of peers).
How profitable is Flotek Industries?
More profitable than most of its peers. Profitability scores 84/100 against 404 energy peers.Return on assets 14.2% vs a peer median of 4.4% (stronger than 94% of peers).Return on assets 14.2% vs peers 4.4% (stronger than 94% of peers).
How risky is Flotek Industries?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 1.78× vs a peer median of 1.37× (stronger than 67% of peers).Current ratio 1.78× vs peers 1.37× (stronger than 67% of peers).Beta 1.42 vs a peer median of 0.57 (weaker than 100% of peers).Beta 1.42 vs peers 0.57 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 2.8 points to 12.8%
Previous quarter
Latest quarter
Change
Revenue (12 months)
252.0M USD
293.0M USD
+16.3%
Net income (12 months)
29.8M USD
38.0M USD
+27.5%
Operating margin
10.0%
12.8%
+2.8 pts
Debt
40.0M USD
40.0M USD
0.0%
Cash
5.7M USD
4.4M USD
−22.4%
Shares outstanding
36.2M
36.2M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
7.5%
-4.9%
12.9%
21.1%
25.2%
▲ 4.2 pts
Operating margin
-72.7%
-26.0%
12.3%
6.5%
9.8%
▲ 3.3 pts
Net margin
-70.6%
-31.1%
13.1%
5.6%
12.9%
▲ 7.3 pts
Return on assets (ROA)
-60.8%
-25.7%
15.7%
6.1%
13.9%
▲ 7.7 pts
Return on equity (ROE)
-151.2%
—
24.2%
9.2%
27.0%
▲ 18 pts
Free cash flow margin
-59.8%
-33.1%
—
—
—
—
Current ratio
2.27×
0.53×
1.60×
1.92×
1.80×
▼ 6.1%
Quick ratio
1.77×
0.43×
1.33×
1.65×
1.63×
▼ 1.5%
Debt to equity
0.24×
—
0.00×
0.00×
0.35×
—
Interest coverage
-403.28×
-5.02×
8.13×
11.14×
5.90×
▼ 47%
FTK price history
Price history is added with the daily price update and will appear after the next one.