Fuel Tech (FTEK) Return on Assets [ROA] (2011 - 2026)
Fuel Tech's Return on Assets [ROA] came in at -7.94% for Q2 2026, down 1.04 percentage points from -6.90% a year earlier and down 1.53 percentage points from the prior quarter.
Fuel Tech (FTEK) Return on Assets [ROA] (2011 - 2026) Analysis & Trends
For FY2025, Fuel Tech's Return on Assets [ROA] was -4.84%, down 0.92 percentage points from FY2024.
- Return on Assets [ROA] has declined in each of the last four years, though with a five-year change of +9.03 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was -3.92% in FY2024 (-0.86 pp), -3.06% in FY2023 (-0.18 pp), -2.88% in FY2022 (-3.02 pp) and 0.13% in FY2021 (+14.00 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q4 2020.
- Year-over-year, Return on Assets [ROA] has declined for seven consecutive quarters, with an average year-over-year change of -2.20 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q3 2021 (a gain of 21.09 percentage points), and the weakest in Q2 2025 (a drop of 6.45 percentage points).
- Business Quant data shows FTEK's Return on Assets [ROA] at -6.41% (Q1 2026), -4.89% (Q4 2025) and -6.34% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 7.76% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 5.88% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 12.19% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 12.77% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -1.18% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 7.58% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 7.54% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -26.06% |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -28.11% |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | -7.94% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -7.94% |
| Mar 31, 2026 | -6.41% |
| Dec 31, 2025 | -4.89% |
| Sep 30, 2025 | -6.34% |
| Jun 30, 2025 | -6.90% |
| Mar 31, 2025 | -6.20% |
| Dec 31, 2024 | -3.93% |
| Sep 30, 2024 | -1.21% |
| Jun 30, 2024 | -0.45% |
| Mar 31, 2024 | -1.69% |
| Dec 31, 2023 | -3.05% |
| Sep 30, 2023 | -2.80% |
| Jun 30, 2023 | -3.10% |
| Mar 31, 2023 | -1.71% |
| Dec 31, 2022 | -2.89% |
| Sep 30, 2022 | -2.60% |
| Jun 30, 2022 | -1.86% |
| Mar 31, 2022 | -2.69% |
| Dec 31, 2021 | 0.11% |
| Sep 30, 2021 | -2.46% |
Fuel Tech Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=FTEK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();