Growth Metrics

Fuel Tech (FTEK) Return on Capital Employed (2011 - 2026)

Fuel Tech posted quarterly Return on Capital Employed of 10.59% for Q1 2026, down 147.0% year-on-year from 22.53% in Q1 2025, and down 18.73% on a QoQ basis from 8.92% in Q4 2025.

Fuel Tech (FTEK) has 16 years of Return on Capital Employed data on file, last reported at 10.59% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 147.0% year-over-year to 10.59%; the trailing twelve-month figure through Mar 2026 stood at 10.59% (down 147.0% YoY), and the FY2025 full-year result was 8.82%, up 193.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 10.59%, down from 8.92% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 2.45% in Q2 2022 and bottomed at 10.97% in Q2 2025.
  • The 5-year median for Return on Capital Employed is 6.87% (2024), against an average of 6.68%.
  • The widest annual swing landed in 2022, when Return on Capital Employed jumped 479 bps; it then sank 547 bps in 2024.
  • A 5-year view of Return on Capital Employed shows it stood at 3.38% in 2022, then slumped by 76 bps to 5.95% in 2023, then plunged by 81 bps to 10.78% in 2024, then increased by 17 bps to 8.92% in 2025, then decreased by 19 bps to 10.59% in 2026.
  • The last three Return on Capital Employed figures came in at 10.59% (Q1 2026), 8.92% (Q4 2025), and 10.52% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Veralto 20.72 Bn 19.29 Bn 854.00 Mn 22.73%
2 Zurn Elkay Water Solutions 7.83 Bn 7.56 Bn 205.80 Mn 12.28%
3 Federal Signal 6.47 Bn 6.40 Bn 179.40 Mn 17.72%
4 Ceco Environmental 2.82 Bn 2.78 Bn 63.92 Mn 8.27%
5 PureCycle Technologies 2.21 Bn 2.11 Bn - -22.66%
6 Euro Tech Holdings 1.36 Bn 1.34 Bn - -
7 Energy Recovery 421.81 Mn 335.66 Mn 2.70 Mn 10.64%
8 CleanCore Solutions 173.22 Mn 156.17 Mn -419,259.00 -67.00%
9 Arq 116.43 Mn 111.76 Mn 9.94 Mn -29.31%
10 Fuel Tech 4.19 Mn -17.39 Mn 2.64 Mn -10.59%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -10.59%
Dec 31, 2025 -8.92%
Sep 30, 2025 -10.52%
Jun 30, 2025 -10.97%
Mar 31, 2025 -9.12%
Dec 31, 2024 -10.78%
Sep 30, 2024 -7.66%
Jun 30, 2024 -6.87%
Mar 31, 2024 -8.13%
Dec 31, 2023 -5.95%
Sep 30, 2023 -4.73%
Jun 30, 2023 -4.57%
Mar 31, 2023 -2.67%
Dec 31, 2022 -3.38%
Sep 30, 2022 -3.33%
Jun 30, 2022 -2.45%
Mar 31, 2022 -2.87%
Dec 31, 2021 -3.15%
Sep 30, 2021 -6.30%
Jun 30, 2021 -2.29%
Mar 31, 2021 -7.66%
Dec 31, 2020 -17.15%
Sep 30, 2020 -31.27%
Jun 30, 2020 -47.92%
Mar 31, 2020 -36.95%
Dec 31, 2019 -27.51%
Sep 30, 2019 -7.58%
Jun 30, 2019 -0.67%
Mar 31, 2019 -2.77%
Dec 31, 2018 0.32%
Sep 30, 2018 -2.47%
Jun 30, 2018 -10.33%
Mar 31, 2018 -50.82%
Dec 31, 2017 -76.02%
Sep 30, 2017 -39.45%
Jun 30, 2017 -42.75%
Mar 31, 2017 -77.95%
Dec 31, 2016 -69.19%
Sep 30, 2016 -11.51%
Jun 30, 2016 -8.43%
Mar 31, 2016 -9.48%
Dec 31, 2015 -8.63%
Sep 30, 2015 -43.74%
Jun 30, 2015 -40.02%
Mar 31, 2015 -36.11%
Dec 31, 2014 -30.67%
Sep 30, 2014 0.14%
Jun 30, 2014 4.57%
Mar 31, 2014 7.59%
Dec 31, 2013 8.84%
Sep 30, 2013 9.54%
Jun 30, 2013 5.76%
Mar 31, 2013 3.20%
Dec 31, 2012 6.17%
Sep 30, 2012 8.75%
Jun 30, 2012 9.67%
Mar 31, 2012 10.02%
Dec 31, 2011 8.91%
Sep 30, 2011 8.22%