Fuel Tech (FTEK) EBITDA Margin (2010 - 2026)
Fuel Tech (FTEK) posted EBITDA Margin of -21.11% for Q2 2026, down 0.67 percentage points from -20.44% a year earlier but up 1.83 percentage points from the prior quarter.
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Analysis
Fuel Tech (FTEK) EBITDA Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at Fuel Tech was -14.03%, up 1.69 percentage points year-over-year; for FY2025, it came in at -11.18%, up 5.70 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +4.29 percentage points (FY2020 to FY2025).
- In prior years, Fuel Tech's EBITDA Margin was -16.88% in FY2024 (-8.33 pp), -8.55% in FY2023 (-4.52 pp), -4.03% in FY2022 (-0.95 pp) and -3.08% in FY2021 (+12.38 pp).
- Quarterly EBITDA Margin has run from a low of -36.84% in Q4 2024 to a high of 10.04% in Q3 2021 over five years.
- On a year-over-year basis, EBITDA Margin increased in three of the last eight quarters, with an average year-over-year change of -1.13 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2021, with a gain of 22.57 percentage points; the weakest was Q4 2024, with a drop of 24.98 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was -22.94% (Q1 2026), -17.15% (Q4 2025) and 2.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 23.25% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 22.69% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 23.34% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 22.14% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -7.43% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 16.78% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | -40.71% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | - |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | - |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | -21.11% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.11% |
| Mar 31, 2026 | -22.94% |
| Dec 31, 2025 | -17.15% |
| Sep 30, 2025 | 2.35% |
| Jun 30, 2025 | -20.44% |
| Mar 31, 2025 | -12.21% |
| Dec 31, 2024 | -36.84% |
| Sep 30, 2024 | -1.03% |
| Jun 30, 2024 | -8.79% |
| Mar 31, 2024 | -32.20% |
| Dec 31, 2023 | -11.85% |
| Sep 30, 2023 | 3.03% |
| Jun 30, 2023 | -22.67% |
| Mar 31, 2023 | -7.79% |
| Dec 31, 2022 | -2.09% |
| Sep 30, 2022 | 3.70% |
| Jun 30, 2022 | -5.67% |
| Mar 31, 2022 | -15.83% |
| Dec 31, 2021 | -0.79% |
| Sep 30, 2021 | 10.04% |
API Access
Fuel Tech EBITDA Margin 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=ebitda-margin&ticker=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();