Flotek (FTK) AI Stock Analysis

• Market Cap: $451.27M
• Dividend Yield: N/A
• Average Volume (3M): 375.17K
• Price to Earnings (P/E): 33.1
• Beta (1Y): 1.63
• Revenue Growth: 11.97%
• EPS Growth: 188.31%
• Country: US
• Employees: 142
• Sector: Energy
• Sector Strength: 42
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.17
• Shares Outstanding: 29,826,498
• 10 Day Avg. Volume: 643,075
• 30 Day Avg. Volume: 375,165
• PEG Ratio: 1.17
• Price to Book (P/B): 3.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 248.10
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 0.50
• Enterprise Value/Gross Profit: 9.28
• Enterprise Value/Ebitda: 6.21
• 1Y Price Target: $10.00
• Price Target Upside: -33.91% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: $17.00 ▲( 12.36% Upside)

Flotek's overall score reflects strong financial performance and positive momentum from strategic initiatives. Key strengths include significant revenue growth and improved profitability metrics. However, high valuation and technical indicators suggest caution. Macro uncertainties and the lack of a dividend yield are potential risks. Overall, while the company is on a growth path, market conditions and valuation concerns warrant a balanced view.

Flotek Business Overview & Revenue Model

Company Description

Flotek Industries, Inc. (FTK) is a technology-driven company primarily operating in the energy and industrial sectors. It specializes in providing innovative chemistry solutions, including complex chemical blends and services, designed to enhance the performance and profitability of its clients' operations. Flotek's core offerings include advanced oilfield chemistry technologies and data analytics that support efficient and environmentally responsible energy production.

How the Company Makes Money

Flotek generates revenue through the sale of its proprietary chemical products and services, which are primarily targeted at the oil and gas industry. The company's key revenue streams include the direct sale of specialty chemicals used in drilling, cementing, and production processes, as well as through its data analytics services that optimize well performance and chemical usage. Flotek partners with energy companies to integrate its chemistry solutions into their operations, thereby enhancing extraction efficiency and reducing environmental impact. The company's earnings are significantly influenced by the demand within the energy sector, commodity prices, and its ability to innovate and provide differentiated solutions that meet the evolving needs of its customers.

Flotek Financial Statement Overview

Summary

Flotek has improved its financial stability with a positive net income and improved gross profit margin. The equity position is strong, and the company has low leverage risk. However, slight revenue decline and cash flow volatility are concerns.

Income Statement

Flotek has shown a significant turnaround with a positive net income in the TTM (Trailing-Twelve-Months) of $10.5 million compared to a net income loss in previous years. Gross profit margin improved to 20.8% in TTM, indicating better cost management. However, revenue slightly decreased by 0.5% from the previous year, which could be a concern. The EBIT and EBITDA margins also show improvement, reflecting operational efficiency.

Balance Sheet

The balance sheet demonstrates financial stability with a strong equity position; the equity ratio stands at 66.7% in TTM. The debt-to-equity ratio is favorable at 0.07, indicating low leverage risk. Return on equity improved to 9.2% in TTM, suggesting effective use of shareholder funds.

Cash Flow

Flotek's cash flow has improved, with a positive free cash flow of $5.4 million in TTM. Operating cash flow to net income ratio is 0.56, indicating moderate cash generation efficiency. However, the historical volatility in operating cash flow raises concerns about sustainability.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
187.03M	188.06M	136.09M	43.27M	53.14M
	Gross Profit
39.39M	24.26M	-6.70M	3.26M	49.73M
	EBIT
12.20M	23.22M	-35.42M	-23.46M	-62.06M
	EBITDA
13.13M	36.50M	-34.54M	-29.63M	-138.80M
	Net Income Common Stockholders
10.50M	24.71M	-42.30M	-30.53M	-136.45M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.40M	5.85M	12.29M	11.53M	38.66M
	Total Assets
170.80M	157.51M	164.81M	50.24M	86.21M
	Total Debt
12.85M	17.88M	119.58M	13.26M	14.80M
	Net Debt
8.45M	12.03M	107.29M	1.73M	-23.86M
	Total Liabilities
56.90M	55.55M	162.21M	30.05M	39.04M
	Stockholders Equity
113.90M	101.96M	2.60M	20.19M	47.17M
Cash Flow		Free Cash Flow
1.42M	-12.38M	-45.05M	-25.88M	-49.27M
	Operating Cash Flow
3.36M	-11.30M	-44.63M	-25.84M	-47.84M
	Investing Cash Flow
-1.82M	-1.01M	5.33M	112.00K	-17.70M
	Financing Cash Flow
-3.12M	5.93M	38.27M	-372.00K	3.73M

Flotek Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 15.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FTK, the sentiment is Positive. The current price of 15.13 is above the 20-day moving average (MA) of 11.58, above the 50-day MA of 9.28, and above the 200-day MA of 7.40, indicating a bullish trend. The MACD of 2.08 indicates Negative momentum. The RSI at 78.07 is Negative, neither overbought nor oversold. The STOCH value of 75.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FTK.

Flotek Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NGS	76 Outperform	$301.34M	17.77	6.77%	―	22.64%	78.46%
FTK	66 Neutral	$451.27M	33.14	12.80%	―	11.97%	188.31%
OIS	60 Neutral	$270.37M	50.40	0.75%	―	-9.04%	―
Sector *	57 Neutral	$7.06B	3.07	-3.45%	5.82%	0.59%	-50.58%
FET	53 Neutral	$179.98M	―	-32.34%	―	7.31%	-326.94%
GEOS	50 Neutral	$76.07M	―	-11.88%	―	-14.52%	-204.65%
SND	47 Neutral	$81.11M	28.65	-9.09%	―	-0.94%	-353.00%

Flotek Corporate Events

Flotek Holds Annual Shareholders’ Meeting with Key Decisions

On May 16, 2025, Flotek Industries, Inc. held its annual shareholders’ meeting where key decisions were made, including the election of six directors, approval of executive compensation, ratification of KPMG as the auditor for 2025, and amendments to incentive and stock purchase plans. These approvals reflect shareholder support for the company’s strategic direction and governance, potentially strengthening its position in the market and enhancing shareholder value.

The most recent analyst rating on (FTK) stock is a Buy with a $6.50 price target. To see the full list of analyst forecasts on Flotek stock, see the FTK Stock Forecast page.

Flotek Reports Strongest Quarterly Results in Five Years

On May 6, 2025, Flotek Industries announced its strongest quarterly financial results in five years for the first quarter of 2025, with significant increases in revenue, gross profit, and net income compared to the same period in 2024. The company reported a 37% rise in total revenue, driven by substantial growth in external chemistry and data analytics revenues. Flotek also completed a strategic acquisition of real-time gas monitoring and dual fuel optimization assets, positioning itself for further growth in 2025 with projected revenue and EBITDA increases.

Flotek Acquires Mobile Power Assets for $105 Million

On April 28, 2025, Flotek Industries, Inc., through its subsidiary PWRTEK, LLC, acquired mobile power generation assets from ProFrac GDM, LLC for $105 million. This acquisition, which includes a six-year lease agreement, marks Flotek’s entry into the mobile power generation sector, enhancing its Data Analytics segment and providing a significant revenue backlog. The transaction is expected to increase Flotek’s revenue by 60% in 2025 and offers a scalable platform for future growth, strengthening the company’s financial flexibility and industry positioning.

Flotek Reports Record Fourth-Quarter Financial Results

Flotek Industries announced its financial results for the fourth quarter and full year ending December 31, 2024, reporting strong performance with the highest quarterly results in terms of revenue, gross profit, net income, and adjusted EBITDA. The company achieved a 20% increase in fourth-quarter revenue compared to the previous year, driven by significant growth in data analytics service revenue and chemistry technologies. The year 2024 marked a strategic shift towards integrating data and chemistry solutions, resulting in improved operational efficiency and profitability metrics, and positioning Flotek as a leader in differentiated technologies within the energy and infrastructure sectors.