Loading…
Makes specialty chemistries used in oil & gas well completions and production, plus data analytics for producers.
Makes specialty chemistries used in oil & gas well completions and production, plus data analytics for producers.
Completion chemicals carry sales, ordered by operators as wells are fracked (fractured with high-pressure fluid), so volumes follow US drilling activity. ProFrac Holding, a pressure-pumping company, is the largest shareholder and also a major customer, so a lot depends on one relationship.
Moat: narrow (IP / patents, process know-how). Proprietary chemistry formulations and data analytics, but a small player in a competitive chemicals market.
Headquarters: Houston, Texas, United States · Founded: 1985 · Employees: 160
Size Flotek Industries (FTK) is a United States Energy company (Oilfield Services/Equipment) with a market value of $886M, the 2324th largest of 3,117 United States companies the cockpit tracks. Shares closed at $24.45 on 6 Nov 2026.
Performance Over six months the shares gained 44.7%, against -21.9% for the median peer and -1.1% for the United States market (cap-weighted) — highest of 20 in its peer set.
Growth Revenue grew 59.3% over the last twelve months (peer median -5.4%); the operating margin is 13.3% (peer median 3.7%).
Valuation It trades at 21.9× forward earnings against a peer median of 15.3× (6th most expensive of 17).
Capital Return on invested capital runs 5.9 points above its cost of capital (12.0% WACC).
Short interest Short interest is 11.7% of the free float (15 Oct 2026).
Next results Next results expected around 16 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $351M | $237M | $187M | $188M | $136M |
| Revenue growth | — | +27% | -1% | +38% | — |
| Gross profit | $79.3M | $57.9M | $38.6M | $23.0M | -$7.46M |
| EBITDA | $58.5M | $36.1M | $18.8M | $1.42M | -$34.7M |
| Net income | $30.9M | $30.5M | $10.5M | $24.7M | -$42.3M |
| Free cash flow | -$12.6M | $4.74M | $1.42M | -$12.4M | -$45.1M |
| Capital expenditure | $1.99M | $1.98M | $1.94M | $1.08M | $421,000 |
| Total debt | $84.7M | $50.2M | $12.8M | $17.9M | $120M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Flotek Industries FTK | $886M | +45% | +59% | 13% | 21.9× | n/a |
| Schlumberger SLB | $73.7B | -6% | +5% | 14% | 17.2× | 7.3% |
| Halliburton HAL | $26.3B | -20% | +2% | 13% | 11.7× | -0.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | FTK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -10.2% | -14.4% | 9th highest of 21 |
| 6-month return | +44.7% | -21.9% | highest of 20 |
| Distance from 52-week high | -36.1% | -45.0% | 10th highest of 21 |
| Revenue growth (TTM) | +59.3% | -5.4% | highest of 21 |
| Operating margin | 13.3% | 3.7% | 3rd highest of 21 |
| Forward P/E | 21.9× | 15.3× | 6th most expensive of 17 |
| ROIC minus cost of capital | +5.9 pp | -4.2 pp | 2nd highest of 21 |
| EV / EBITDA | 16.2× | 6.1× | 3rd most expensive of 15 |
| Net debt / EBITDA | 1.1× | 1.2× | 8th least indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Flotek Industries FTK | United States | $886M | +45% | +59% | 13% | 21.9× | n/a | n/a |
| Total Energy Services TOT.TO | Canada | $851M | +41% | +22% | 9% | 9.7× | 3.7% | +23.8% |
| Bomesc Offshore Engineering 603727.SS | China | $823M | +6% | -12% | -7% | 249.4× | -9.1% | -6.1% |
| Forum Energy Technologies FET | United States | $800M | +30% | +11% | 7% | 12.9× | 3.5% | +9.1% |
| ProPetro PUMP | United States | $785M | -59% | -6% | 0% | 35.1× | n/a | n/a |
| Viridien VIRI.PA | France | $763M | -16% | -14% | 11% | 22.9× | -2.9% | +4.1% |
| Hunting HTG.L | United Kingdom | $714M | -25% | -12% | 7% | 14.3× | 17.8% | +9.6% |
| Toyo Engineering 6330.T | Japan | $711M | -16% | -31% | -10% | 14.2× | -2.1% | -0.1% |
| Jiangsu Hongtian Technology 603800.SS | China | $1.11B | -32% | -27% | -15% | 62.3× | 32.4% | +5.1% |
| Shandong Molong Petroleum Machinery 002490.SZ | China | $704M | -33% | +51% | 0% | n/a | n/a | n/a |
| Atlas Energy Solutions AESI | United States | $678M | -71% | -4% | -11% | n/a | n/a | n/a |
| Haimo Technologies 300084.SZ | China | $667M | -31% | -7% | -12% | n/a | n/a | n/a |
| RPC RES | United States | $1.18B | -22% | +18% | 3% | 17.9× | 12.2% | +22.1% |
| Hornbeck Offshore Services HOS | United States | $1.18B | n/a | +2% | 8% | 8.6× | -1.1% | +12.0% |
| Ashtead Technology AT..L | United Kingdom | $660M | +26% | +9% | 26% | 16.2× | -5.5% | +36.8% |
| Dalipal 1921.HK | Hong Kong | $603M | -29% | +3% | 3% | 14.5× | n/a | n/a |
| BW Energy BWE.OL | Norway | $1.30B | -15% | -25% | 26% | 13.1× | n/a | n/a |
| Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1 688377.SS | China | $554M | -52% | 0% | 9% | 30.2× | 7.5% | +11.4% |
| ProFrac ACDC | United States | $547M | -55% | -16% | -11% | n/a | n/a | n/a |
| Expro XPRO | United States | $1.47B | -14% | -5% | 4% | 18.0× | 13.9% | +18.9% |
| Calfrac Well Services CFW.TO | Canada | $506M | +36% | -15% | 6% | 7.2× | -10.9% | +14.5% |