Flotek Industries, Inc. (FTK) Key Metrics
FTK valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $871.5M
- Enterprise value
- $1.15B
- P/E (TTM)
- 24.8 10-yr median 20.4
- Forward P/E
- 23.6
- PEG ratio
- 4.32
- Price / sales
- 3.0 10-yr median 1.3
- Price / book
- 8.5 10-yr median 2.2
- EV / EBITDA
- 28.7 10-yr median 23.1
- Dividend yield
- —
- Beta
- 1.42
FTK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsFTK valuation Price multiples at each fiscal year-end price.
FTK returns How much profit the business earns on the capital it uses.
FTK per-share figures Results divided by the shares outstanding at year-end.
FTK financial health Debt, liquidity and how easily interest is covered.
FTK efficiency & capital use Working capital cycle and where the cash goes.
FTK valuation history
FTK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
FTK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
FTK cash returned to shareholders
FTK price vs earnings per share
FTK key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $623.0M | $294.4M | $111.2M | $83.4M | $82.9M | $144.1M | $117.5M | $63.2M | $268.3M | $526.7M |
| Enterprise value | $667.4M | $302.8M | $123.3M | $190.6M | $84.6M | $120.3M | $34.6M | $109.9M | $291.7M | $570.2M |
| P/E ratio | 20.4 | 28.0 | 4.5 | — | — | — | — | — | — | — |
| Price / sales | 2.6 | 1.6 | 0.6 | 0.6 | 1.9 | 2.7 | 1.0 | 0.4 | 0.8 | 2.0 |
| Price / book | 5.5 | 2.6 | 1.1 | 32.1 | 4.1 | 3.1 | 0.7 | 0.3 | 1.0 | 1.8 |
| Price / free cash flow | 119.3 | 207.2 | — | — | — | — | — | — | 38.3 | — |
| Price / operating cash flow | 86.5 | 87.6 | — | — | — | — | — | — | 16.3 | 254.9 |
| EV / sales | 2.8 | 1.6 | 0.7 | 1.4 | 2.0 | 2.3 | 0.3 | 0.6 | 0.9 | 2.2 |
| EV / EBITDA | 21.0 | 23.1 | 4.3 | — | — | — | — | — | 536.2 | 36.7 |
| EV / free cash flow | 127.9 | 213.1 | — | — | — | — | — | — | 41.6 | — |
| Earnings yield | 4.9% | 3.6% | 22.2% | −50.8% | −36.8% | −94.7% | −28.9% | −111.3% | −10.2% | −9.3% |
| Free cash flow yield | 0.8% | 0.5% | −11.1% | −54.0% | −31.2% | −34.2% | −18.8% | −39.0% | 2.6% | −2.4% |
| Dividend yield | — | — | — | 0.3% | 0.5% | 3.3% | — | 439.1% | 142.8% | 64.3% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.8% | 0.5% | 0.9% | 3.5% | 0.2% | 439.4% | 145.4% | 64.7% |
| Share price at fiscal year-end | $17.23 | $9.53 | $3.92 | $6.72 | $6.78 | $12.66 | $12.00 | $6.54 | $27.96 | $56.34 |
| Per share | ||||||||||
| Revenue per share | $6.56 | $6.05 | $6.63 | $10.97 | $3.54 | $4.67 | $12.19 | $18.39 | $33.04 | $28.12 |
| Earnings per share | $0.84 | $0.34 | $0.87 | −$3.41 | −$2.50 | −$11.98 | −$3.46 | −$7.28 | −$2.85 | −$5.26 |
| Operating cash flow per share | $0.20 | $0.11 | −$0.40 | −$3.60 | −$2.11 | −$4.20 | −$1.95 | −$2.02 | $1.71 | $0.22 |
| Free cash flow per share | $0.14 | $0.05 | −$0.44 | −$3.63 | −$2.12 | −$4.33 | −$2.26 | −$2.55 | $0.73 | −$1.33 |
| Cash per share | $0.16 | $0.14 | $0.21 | $0.99 | $0.94 | $3.40 | $10.27 | $0.31 | $0.48 | $0.52 |
| Book value per share | $3.13 | $3.69 | $3.59 | $0.21 | $1.65 | $4.14 | $17.57 | $20.86 | $27.60 | $30.74 |
| Tangible book value per share | $3.13 | $3.69 | $3.59 | $0.21 | $1.65 | $2.72 | $15.49 | $18.08 | $16.67 | $19.29 |
| Dividends per share | — | — | — | $0.02 | $0.03 | $0.42 | — | $28.72 | $39.93 | $36.22 |
| Capex per share | $0.05 | $0.06 | $0.04 | $0.03 | $0.00 | $0.13 | $0.31 | $0.53 | $0.98 | $1.55 |
| Debt per share | $1.39 | $0.42 | $0.63 | $9.64 | $1.08 | $1.30 | $1.80 | $5.15 | $2.91 | $5.18 |
| Shares outstanding | 36.2M | 30.9M | 28.4M | 12.4M | 12.2M | 11.4M | 9.8M | 9.7M | 9.6M | 9.3M |
| Change in shares outstanding | +17.1% | +8.9% | +128.8% | +1.4% | +7.4% | +16.3% | +1.3% | +0.7% | +2.7% | +1.9% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 26.9% | 9.7% | 47.3% | −371.3% | −90.6% | −124.5% | −18.2% | −30.2% | −9.9% | −16.9% |
| Return on invested capital (ROIC) | 20.1% | 9.7% | 20.6% | −42.5% | −109.9% | −201.8% | −35.4% | −20.6% | −0.7% | −1.3% |
| Return on assets (ROA) | 15.6% | 6.4% | 15.3% | −39.3% | −44.7% | −86.1% | −13.1% | −22.8% | −7.6% | −12.4% |
| Return on tangible assets | 13.9% | 6.1% | 15.7% | −25.7% | −60.8% | −194.9% | −16.1% | −27.2% | −12.2% | −17.6% |
| Free cash flow margin | 2.2% | 0.8% | −6.6% | −33.1% | −59.8% | −92.7% | −18.5% | −13.9% | 2.2% | −4.7% |
| Income quality (OCF / net income) | 0.24 | 0.32 | −0.46 | — | — | — | — | — | — | — |
| Financial health | ||||||||||
| Total debt | $50.2M | $12.8M | $17.9M | $119.6M | $13.3M | $14.8M | $17.7M | $49.7M | $27.9M | $48.4M |
| Cash & short-term investments | $5.7M | $4.4M | $5.9M | $12.3M | $11.5M | $38.7M | $100.6M | $3.0M | $4.6M | $4.8M |
| Net debt | $44.4M | $8.4M | $12.0M | $107.3M | $1.7M | −$23.9M | −$82.9M | $46.7M | $23.4M | $43.6M |
| Debt / equity | 0.44 | 0.11 | 0.18 | 46.06 | 0.66 | 0.31 | 0.10 | 0.25 | 0.11 | 0.17 |
| Debt / assets | 0.23 | 0.08 | 0.11 | 0.73 | 0.26 | 0.17 | 0.08 | 0.17 | 0.08 | 0.13 |
| Net debt / EBITDA | 1.40 | 0.64 | 0.42 | — | — | — | — | — | 42.95 | 2.80 |
| Current ratio | 1.80 | 1.92 | 1.60 | 0.53 | 2.27 | 2.30 | 3.72 | 2.31 | 2.14 | 2.07 |
| Quick ratio | 1.63 | 1.65 | 1.33 | 0.43 | 1.77 | 1.89 | 3.16 | 1.99 | 0.97 | 1.43 |
| Interest coverage | 7.1 | 11.1 | 8.1 | -5.0 | -403.3 | — | -37.4 | -24.4 | -1.3 | -3.7 |
| Working capital | $49.2M | $46.1M | $28.7M | −$71.3M | $23.8M | $37.6M | $112.6M | $110.5M | $73.8M | $97.6M |
| Invested capital | $157.5M | $122.3M | $114.0M | $109.9M | $21.9M | $23.3M | $89.1M | $248.3M | $288.3M | $330.9M |
| Tangible asset value | $113.1M | $113.9M | $102.0M | $2.6M | $20.2M | $31.0M | $151.7M | $174.8M | $160.4M | $180.7M |
| Net current asset value | $3.8M | $39.6M | $20.9M | −$82.1M | $12.5M | $27.4M | $95.3M | $110.5M | $73.8M | $89.8M |
| Graham number | $7.71 | $5.31 | $8.39 | — | — | — | — | — | — | — |
| Graham net-net per share | −$0.77 | $0.35 | −$0.10 | −$8.49 | −$0.31 | $1.29 | $6.72 | −$3.87 | $0.64 | −$2.14 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $224,000 | $390,000 | $4.8M | — | $277.6M | $383.2M | $338.6M |
| Share buybacks (net) | $0 | $0 | $885,000 | $224,000 | $390,000 | $253,000 | $247,000 | $173,000 | $6.9M | $2.4M |
| Dividends + buybacks / free cash flow | 0.0% | 0.0% | — | — | — | — | — | — | — | — |
| Capex / revenue | 0.8% | 1.0% | 0.6% | 0.3% | 0.1% | 2.7% | 2.5% | 2.9% | 3.0% | 5.5% |
| Capex / operating cash flow | 27.5% | 57.7% | — | — | — | — | — | — | 57.4% | 703.4% |
| Capex / depreciation | 0.24 | 2.18 | 1.47 | 0.10 | 0.04 | 0.42 | 0.36 | 0.56 | 0.97 | 1.39 |
| Stock-based compensation / revenue | 1.0% | 0.7% | −0.1% | 2.4% | 8.7% | 5.7% | 3.5% | 4.0% | 3.5% | 4.6% |
| R&D / revenue | 0.8% | 0.9% | 1.3% | 3.3% | 12.8% | 13.6% | 7.4% | 5.8% | 4.3% | 3.5% |
| SG&A / revenue | 11.8% | 13.2% | 14.8% | 19.9% | 46.6% | 42.8% | 23.4% | 17.7% | 24.8% | 30.5% |
| Efficiency | ||||||||||
| Days sales outstanding | 128.1 | 126.6 | 100.0 | 83.4 | 107.4 | 97.7 | 86.4 | 80.0 | 56.2 | 69.5 |
| Days of inventory on hand | 24.6 | 32.3 | 31.8 | 32.2 | 97.1 | 78.2 | 1,088.7 | 2,040.6 | 107.6 | 152.4 |
| Days payables outstanding | 88.9 | 86.3 | 72.5 | 52.4 | 61.1 | 49.1 | 673.6 | 503.1 | 32.4 | 50.0 |
| Cash conversion cycle (days) | 63.9 | 72.7 | 59.3 | 63.2 | 143.4 | 126.7 | 501.5 | 1,617.5 | 131.4 | 171.9 |
| Receivables turnover | 2.85 | 2.88 | 3.65 | 4.37 | 3.40 | 3.74 | 4.23 | 4.56 | 6.50 | 5.25 |
| Payables turnover | 4.11 | 4.23 | 5.03 | 6.97 | 5.97 | 7.43 | 0.54 | 0.73 | 11.26 | 7.30 |
| Inventory turnover | 14.83 | 11.30 | 11.47 | 11.34 | 3.76 | 4.67 | 0.34 | 0.18 | 3.39 | 2.39 |
| Asset turnover | 1.21 | 1.14 | 1.17 | 1.27 | 0.63 | 0.34 | 0.46 | 0.58 | 0.89 | 0.67 |
| Average receivables | $83.3M | $64.9M | $51.5M | $31.1M | $12.7M | $14.2M | $28.2M | $39.0M | $48.8M | $50.1M |
| Average payables | $43.2M | $34.9M | $32.5M | $20.5M | $6.7M | $11.0M | $15.6M | $12.7M | $20.2M | $23.6M |
| Average inventory | $12.0M | $13.1M | $14.3M | $12.6M | $10.6M | $17.5M | $25.2M | $51.5M | $67.0M | $71.9M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 18.8% | 8.8% | 9.4% | 31.8% | 27.7% |
Computed from FTK's annual financial statements (latest annual report filed March 16, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
FTK valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Flotek Industries traded at 20.4 times earnings, against a 10-year median of 20.4. Based on the latest twelve months, the trailing P/E is 24.8 and the forward P/E is 23.6. Flotek Industries earned a return on equity of 26.9% and a return on invested capital of 20.1% in fiscal 2025. It ended the year with $50.2 million of debt and $5.7 million in cash and short-term investments, net debt of $44.4 million. The share count rose 286.8% from 9.3M to 36.2M over 9 years.
See the FTK income statement, the FTK chart for price history, or the FTK stock overview for the latest quote and news.
FTK key metrics FAQ
What is Flotek Industries's P/E ratio?
Flotek Industries's trailing P/E ratio is 24.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 23.6. At the end of fiscal 2025 it was 20.4, compared with a 10-year median of 20.4.
What is Flotek Industries's EV/EBITDA?
Flotek Industries's enterprise value was 21.0 times EBITDA at the end of fiscal 2025 (enterprise value $667.4 million, EBITDA $31.7 million); the current EV/EBITDA is 28.7.
What is Flotek Industries's return on equity?
Flotek Industries's return on equity (ROE) was 26.9% in fiscal 2025: net income of $30.5 million on average shareholders' equity of $113.5 million.
What is Flotek Industries's ROIC?
Flotek Industries's return on invested capital was 20.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Flotek Industries have?
Flotek Industries had total debt of $50.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.44 and $44.4 million of net debt (1.40 times EBITDA).
What is Flotek Industries's free cash flow yield?
Flotek Industries generated $5.2 million of free cash flow in fiscal 2025, a free cash flow yield of 0.8% on its market value at year-end ($623.0 million).
What is Flotek Industries's current ratio?
Flotek Industries's current ratio was 1.80 at the end of fiscal 2025: current assets were 1.80 times current liabilities.