Flotek (FTK) AI Stock Analysis

• Market Cap: $357.70M
• Dividend Yield: N/A
• Average Volume (3M): 424.95K
• Price to Earnings (P/E): 25.5
• Beta (1Y): 1.68
• Revenue Growth: 21.72%
• EPS Growth: 98.73%
• Country: US
• Employees: 142
• Sector: Energy
• Sector Strength: 67
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.16
• Shares Outstanding: 29,857,883
• 10 Day Avg. Volume: 299,883
• 30 Day Avg. Volume: 424,949
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.63
• Enterprise Value/Revenue: 2.72
• Enterprise Value/Gross Profit: 12.06
• Enterprise Value/Ebitda: 30.92
• 1Y Price Target: $16.50
• Price Target Upside: 46.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 66 Neutral
• Price Target: $13.00 ▲(15.45% Upside)

Flotek's overall stock score reflects a strong earnings call performance, highlighting significant revenue and profit growth, particularly in the Data Analytics segment. Financial performance shows recovery, but cash flow concerns and past leverage risks remain. Technical analysis indicates mixed signals, and the valuation suggests moderate expectations for future growth.

Flotek Business Overview & Revenue Model

Company Description

Flotek Industries, Inc. operates as a technology-driven chemistry and data company that serves customers across industrial, commercial, and consumer markets in the United States, the United Arab Emirates, and internationally. It operates in two segments, Chemistry Technologies (CT) and Data Analytics (DA). The CT segment designs, develops, manufactures, packages, distributes, delivers, and markets green specialty chemicals that enhance the profitability of hydrocarbon producers and cleans surfaces in commercial and personal settings to help reduce the spread of bacteria, viruses, and germs. This segment primarily serves integrated oil and gas, oilfield services, independent oil and gas, national and state-owned oil, geothermal energy, solar energy, and alternative energy companies. The DA segment designs, develops, produces, sells, and supports equipment and services that create and provide valuable information on the composition and properties of energy customers' hydrocarbon fluids. This segment's data platforms combine the energy industry's field-deployable, inline optical analyzer with proprietary cloud visualization and analytics. It sells its products directly through a mix of in-house sales professionals, as well as contractual agency agreements. The company was incorporated in 1985 and is headquartered in Houston, Texas.

How the Company Makes Money

Flotek generates revenue primarily through the sale of its specialty chemical products and services to oil and gas exploration and production companies. Key revenue streams include the sale of chemical formulations used in drilling, completion, and production processes, as well as the provision of technical services that support the implementation and optimization of these products in the field. The company also benefits from strategic partnerships and collaborations with major oil and gas operators, which help to expand its market reach and enhance product development. Additionally, Flotek's focus on eco-friendly solutions may position it favorably in a market increasingly concerned with sustainability, potentially attracting clients looking for compliant and environmentally responsible options.

Flotek Financial Statement Overview

Summary

Flotek shows signs of financial recovery with improved profitability and reduced leverage. Revenue growth and profit margins are positive, but cash flow generation remains a concern. The balance sheet is stronger, but past high leverage levels pose a potential risk.

Income Statement

Flotek's TTM (Trailing-Twelve-Months) revenue growth is positive at 6.04%, indicating a recovery from previous declines. The gross profit margin improved slightly to 21.18%, and the net profit margin increased to 7.09%, reflecting better cost management. However, EBIT and EBITDA margins are relatively low, suggesting room for operational efficiency improvements.

Balance Sheet

The company's debt-to-equity ratio has significantly improved to 0.06, indicating a strong reduction in leverage. Return on equity is healthy at 12.76%, showing effective use of equity capital. The equity ratio is stable, reflecting a solid financial position. However, past high leverage remains a potential risk.

Cash Flow

Free cash flow growth is negative at -46.92%, highlighting challenges in generating cash. The operating cash flow to net income ratio is low at 0.15, indicating potential issues in converting profits into cash. Despite this, the free cash flow to net income ratio is relatively strong at 0.65, suggesting some efficiency in cash management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	214.21M	187.03M	188.06M	136.09M	43.27M	53.14M
Gross Profit	48.25M	39.39M	24.26M	-6.70M	3.26M	49.73M
EBITDA	18.81M	13.13M	36.50M	-34.54M	-29.63M	-138.80M
Net Income	14.11M	10.50M	24.71M	-42.30M	-30.53M	-136.45M
Balance Sheet
Total Assets	172.24M	170.80M	157.51M	164.81M	50.24M	86.21M
Cash, Cash Equivalents and Short-Term Investments	5.03M	4.40M	5.85M	12.29M	11.53M	38.66M
Total Debt	52.10M	12.85M	17.88M	119.58M	13.26M	14.80M
Total Liabilities	100.39M	56.90M	55.55M	162.21M	30.05M	39.04M
Stockholders Equity	71.85M	113.90M	101.96M	2.60M	20.19M	47.17M
Cash Flow
Free Cash Flow	2.34M	1.42M	-12.38M	-45.05M	-25.88M	-49.27M
Operating Cash Flow	5.36M	3.36M	-11.30M	-44.63M	-25.84M	-47.84M
Investing Cash Flow	-2.92M	-1.82M	-1.01M	5.33M	112.00K	-17.70M
Financing Cash Flow	-2.09M	-3.12M	5.93M	38.27M	-372.00K	3.73M

Flotek Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FTK, the sentiment is Negative. The current price of 11.26 is below the 20-day moving average (MA) of 12.22, below the 50-day MA of 12.75, and above the 200-day MA of 10.41, indicating a neutral trend. The MACD of -0.27 indicates Positive momentum. The RSI at 40.13 is Neutral, neither overbought nor oversold. The STOCH value of 17.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FTK.

Flotek Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	74 Outperform	$339.90M	19.03	7.00%	0.37%	14.77%	34.74%
FTK	66 Neutral	$357.70M	25.53	15.85%	―	21.72%	98.73%
Sector *	65 Neutral	$15.28B	7.48	3.19%	5.33%	4.10%	-60.58%
GEOS	62 Neutral	$241.67M	―	-9.95%	―	-10.77%	-229.81%
FET	60 Neutral	$316.87M	―	-28.21%	―	3.86%	-294.41%
OIS	53 Neutral	$348.41M	49.07	0.95%	―	-12.15%	―
SND	49 Neutral	$84.94M	104.67	0.33%	―	3.43%	-36.73%

Flotek Corporate Events

Flotek Reports Strong Q2 2025 Financial Results

On August 5, 2025, Flotek Industries reported its financial results for the quarter ended June 30, 2025, showcasing significant growth driven by a 189% increase in Data Analytics revenue. The company’s total revenues grew by 26% compared to the previous year, with gross profit increasing by 57%. Despite a slight decrease in net income, adjusted net income rose by 202%, and adjusted EBITDA increased by 113%, marking the eleventh consecutive quarter of growth. The results reflect Flotek’s successful execution of its transformational strategy and its commitment to delivering value to customers and shareholders.

Flotek Stockholders Approve Common Stock Issuance

On July 9, 2025, Flotek Industries, Inc. held a special meeting where stockholders approved the issuance of common stock underlying the April 2025 Warrant held by ProFrac GDM, LLC, and the potential adjournment of the meeting to solicit additional proxies. The approval was part of a broader strategy following Flotek’s acquisition of gas distribution assets and the company plans to register the resale of these shares with the SEC. This move is expected to replace the company’s expired shelf registration statement and aligns with its ongoing compliance and strategic financial management.