Fuel Tech price to free cash flow FTEK
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 21.1×
- May 2026
- 10-year median
- 19.8×
- 10-year range
- 3.9× to 255×
- Peer median
- 10.1×
Fuel Tech's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in May 2026, at 21.1×.
On the days it had one over the last ten years, its median was 19.8×, from 3.9× in Mar 2020 to 255× in Sep 2025.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 21.1× | 14.8× | 21.1× |
| 2025 | 19.2× | 19.2× | 255× |
| 2024 | 137× | 122× | 137× |
| 2023 | n/m a value too high to mean anything | ||
| 2022 | 59.9× | 57.7× | 76.4× |
| 2021 | 79.8× | 79.8× | 126× |
| 2020 | 3.9× | 3.9× | 5.1× |
| 2019 | 4.5× | 4.2× | 23.5× |
| 2018 | n/m a value too high to mean anything | ||
| 2017 | 71.1× | 5.0× | 76.9× |
| 2016 | 5.3× | 5.3× | 25.0× |
| 2015 | 24.8× | 7.5× | 33.1× |
| 2014 | 32.3× | 14.4× | 137× |
| 2013 | 138× | 14.3× | 141× |
| 2012 | 16.1× | 8.2× | 17.6× |
Against its peers
Companies in Industrials nearest Fuel Tech's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| FTEKFuel Tech | n/m |
| ACFNAcorn Energy | n/m |
| MAMOMassimo | n/m |
| AERTAeries Technology | 3.5× |
| CVUCPI Aerostructures | n/m |
| MHHMastech Digital | 8.0× |
| SIFSifco Industries | 37.2× |
| LCUTLifetime Brands | 9.3× |
| CMTCore Molding Technologies | n/m |
| FCFranklin Covey | 10.9× |
| HQIHireQuest | 23.8× |
| Peer median | 10.1× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Fuel Tech
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.