Fuel Tech (FTEK) Return on Equity [ROE] (2011 - 2026)
Fuel Tech's Return on Equity [ROE] came in at -9.17% for Q2 2026, down 1.30 percentage points from -7.87% a year earlier and down 1.68 percentage points from the prior quarter.
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Analysis
Fuel Tech (FTEK) Return on Equity [ROE] (2011 - 2026) Analysis & Trends
For FY2025, Fuel Tech's Return on Equity [ROE] was -5.68%, down 1.14 percentage points from FY2024.
- Return on Equity [ROE] has declined in each of the last four years, though with a five-year change of +11.97 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was -4.54% in FY2024 (-1.06 pp), -3.47% in FY2023 (-0.31 pp), -3.17% in FY2022 (-3.33 pp) and 0.16% in FY2021 (+17.80 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q4 2020.
- Year-over-year, Return on Equity [ROE] has declined for seven consecutive quarters, with an average year-over-year change of -2.58 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q3 2021 (a gain of 28.78 percentage points), and the weakest in Q2 2025 (a drop of 7.37 percentage points).
- Business Quant data shows FTEK's Return on Equity [ROE] at -7.49% (Q1 2026), -5.74% (Q4 2025) and -7.37% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ecolab | 77.03 Bn | 68.81 Bn | 1.95 Bn | 21.21% |
| 2 | Xylem | 23.64 Bn | 19.13 Bn | 963.00 Mn | 9.43% |
| 3 | Veralto | 23.04 Bn | 15.69 Bn | 902.00 Mn | 32.37% |
| 4 | Badger Meter | 3.58 Bn | 2.86 Bn | 90.77 Mn | 18.31% |
| 5 | Ceco Environmental | 3.02 Bn | 2.85 Bn | 86.47 Mn | -2.35% |
| 6 | NWPX Infrastructure | 993.21 Mn | 954.68 Mn | 34.36 Mn | 11.86% |
| 7 | Energy Recovery | 341.34 Mn | 16.50 Mn | 8.96 Mn | 8.60% |
| 8 | Cadiz | 329.91 Mn | 298.36 Mn | -24,000.00 | -257.30% |
| 9 | AirJoule Technologies | 286.05 Mn | 165.68 Mn | - | -34.62% |
| 10 | Fuel Tech | 50.57 Mn | -41.36 Mn | 2.68 Mn | -9.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.17% |
| Mar 31, 2026 | -7.49% |
| Dec 31, 2025 | -5.74% |
| Sep 30, 2025 | -7.37% |
| Jun 30, 2025 | -7.87% |
| Mar 31, 2025 | -7.11% |
| Dec 31, 2024 | -4.53% |
| Sep 30, 2024 | -1.37% |
| Jun 30, 2024 | -0.50% |
| Mar 31, 2024 | -1.92% |
| Dec 31, 2023 | -3.50% |
| Sep 30, 2023 | -3.19% |
| Jun 30, 2023 | -3.50% |
| Mar 31, 2023 | -1.92% |
| Dec 31, 2022 | -3.22% |
| Sep 30, 2022 | -2.87% |
| Jun 30, 2022 | -2.05% |
| Mar 31, 2022 | -2.94% |
| Dec 31, 2021 | 0.12% |
| Sep 30, 2021 | -2.70% |
API Access
Fuel Tech Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=FTEK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=FTEK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();