Flotek Industries (FTK) Operating Leases (2019 - 2026)
Flotek Industries' Operating Leases was $4.85 million in Q2 2026, down 17.5% from $5.88 million a year earlier and down 5.8% from the prior quarter.
Flotek Industries (FTK) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Flotek Industries came in at $5.61 million, down 13.9% from FY2024.
- Operating Leases has now declined for three consecutive years, with a five-year compound annual growth rate of -7.6% (FY2020 to FY2025).
- In earlier years, Operating Leases was $6.51 million in FY2024 (-15.1%), $7.68 million in FY2023 (-4.6%), $8.04 million in FY2022 (+3.4%) and $7.78 million in FY2021 (-6.8%).
- The Q2 2026 figure marks the lowest quarterly Operating Leases in data going back to Q1 2019.
- Compared with a year earlier, Operating Leases has declined for eight straight quarters, with an average decline of 14.7% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q3 2023 (growth of 14.5%); the worst was Q2 2025 (a decline of 17.6%).
- Per Business Quant data, FTK's Operating Leases in the three quarters before Q2 2026 was $5.15 million (Q1 2026), $5.61 million (Q4 2025) and $5.89 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn |
| 10 | Flotek Industries | 1.03 Bn | 1.01 Bn | 23.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.85 Mn |
| Mar 31, 2026 | 5.15 Mn |
| Dec 31, 2025 | 5.61 Mn |
| Sep 30, 2025 | 5.89 Mn |
| Jun 30, 2025 | 5.88 Mn |
| Mar 31, 2025 | 6.12 Mn |
| Dec 31, 2024 | 6.51 Mn |
| Sep 30, 2024 | 6.87 Mn |
| Jun 30, 2024 | 7.14 Mn |
| Mar 31, 2024 | 7.12 Mn |
| Dec 31, 2023 | 7.68 Mn |
| Sep 30, 2023 | 7.54 Mn |
| Jun 30, 2023 | 6.58 Mn |
| Mar 31, 2023 | 7.13 Mn |
| Dec 31, 2022 | 8.04 Mn |
| Sep 30, 2022 | 6.58 Mn |
| Jun 30, 2022 | 6.70 Mn |
| Mar 31, 2022 | 6.81 Mn |
| Dec 31, 2021 | 7.78 Mn |
| Sep 30, 2021 | 7.89 Mn |
Flotek Industries Operating Leases 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=operating-leases&ticker=FTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "FTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=FTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();