Fuel Tech (FTEK) Common Equity (2009 - 2026)
Fuel Tech's Common Equity came in at $37.15 million for Q3 2026, down 9.4% from $41.01 million a year earlier and down 0.6% from the prior quarter.
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Analysis
Fuel Tech (FTEK) Common Equity (2009 - 2026) Analysis & Trends
At the end of FY2025, Fuel Tech's Common Equity was $39.93 million, down 4.8% from FY2024.
- Common Equity has declined in each of the last four years, though with a five-year compound annual growth rate of 12.3% (FY2020 to FY2025).
- Going back by year, Common Equity was $41.96 million in FY2024 (-4.0%), $43.71 million in FY2023 (-2.5%), $44.84 million in FY2022 (-2.9%) and $46.2 million in FY2021 (+107.0%).
- The Q3 2026 figure represents the lowest quarterly Common Equity since Q4 2020.
- Year-over-year, Common Equity has declined for 19 consecutive quarters, with an average decline of 6.5% over the last eight quarters.
- The fastest year-over-year change in Common Equity over five years came in Q4 2021 (growth of 107.0%), and the weakest in Q3 2026 (a decline of 9.4%).
- Business Quant data shows FTEK's Common Equity at $37.37 million (Q2 2026), $38.56 million (Q1 2026) and $39.93 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 85.84 Bn | 78.85 Bn | 2.07 Bn | 10.45 Bn |
| 2 | Veralto | 28.78 Bn | 21.41 Bn | 908.00 Mn | 3.23 Bn |
| 3 | Xylem | 22.22 Bn | 18.19 Bn | 907.00 Mn | 10.27 Bn |
| 4 | Badger Meter | 4.49 Bn | 3.89 Bn | 98.85 Mn | 651.13 Mn |
| 5 | Ceco Environmental | 3.04 Bn | 2.84 Bn | 130.10 Mn | 2.09 Bn |
| 6 | NWPX Infrastructure | 868.49 Mn | 826.57 Mn | 38.19 Mn | 437.28 Mn |
| 7 | Energy Recovery | 373.27 Mn | 35.71 Mn | 4.20 Mn | 164.76 Mn |
| 8 | Cadiz | 280.26 Mn | 245.37 Mn | -24,000.00 | 4.67 Mn |
| 9 | AirJoule Technologies | 174.57 Mn | 54.19 Mn | - | 248.64 Mn |
| 10 | Fuel Tech | 42.77 Mn | -41.13 Mn | 3.91 Mn | 37.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 37.15 Mn |
| Jun 30, 2026 | 37.37 Mn |
| Mar 31, 2026 | 38.56 Mn |
| Dec 31, 2025 | 39.93 Mn |
| Sep 30, 2025 | 41.01 Mn |
| Jun 30, 2025 | 40.66 Mn |
| Mar 31, 2025 | 41.44 Mn |
| Dec 31, 2024 | 41.96 Mn |
| Sep 30, 2024 | 43.86 Mn |
| Jun 30, 2024 | 43.57 Mn |
| Mar 31, 2024 | 43.96 Mn |
| Dec 31, 2023 | 43.71 Mn |
| Sep 30, 2023 | 44.09 Mn |
| Jun 30, 2023 | 43.65 Mn |
| Mar 31, 2023 | 44.60 Mn |
| Dec 31, 2022 | 44.84 Mn |
| Sep 30, 2022 | 44.83 Mn |
| Jun 30, 2022 | 44.58 Mn |
| Mar 31, 2022 | 45.13 Mn |
| Dec 31, 2021 | 46.20 Mn |
API Access
Fuel Tech Common Equity API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=common-equity&ticker=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "ticker": "FTEK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=common-equity&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();