Flotek (FTK) AI Stock Analysis

• Market Cap: $488.74M
• Dividend Yield: N/A
• Average Volume (3M): 325.43K
• Price to Earnings (P/E): 19.9
• Beta (1Y): 1.76
• Revenue Growth: 23.56%
• EPS Growth: 242.78%
• Country: US
• Employees: 142
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.30
• Shares Outstanding: 30,057,823
• 10 Day Avg. Volume: 327,937
• 30 Day Avg. Volume: 325,425
• PEG Ratio: -0.07
• Price to Book (P/B): 2.47
• Price to Sales (P/S): 1.50
• P/FCF Ratio: 198.07
• Enterprise Value/Market Cap: 1.24
• Enterprise Value/Revenue: 2.75
• Enterprise Value/Gross Profit: 10.75
• Enterprise Value/Ebitda: 23.94
• 1Y Price Target: $19.50
• Price Target Upside: 9.61% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.87
• Revenue Forecast (FY): $222.78M

• Rating: 76 Outperform
• Price Target: $18.50 ▲(3.99% Upside)

Flotek's strong earnings call performance and technical momentum are the primary drivers of its high score. Financial performance shows profitability recovery, but cash flow issues remain a concern. Valuation is reasonable, supporting the overall positive outlook.

Positive Factors

Data Analytics Growth

The significant growth in the Data Analytics segment indicates a successful pivot towards data-driven solutions, enhancing long-term revenue potential and market competitiveness.

Improved Profit Margins

The rise in gross profit margins reflects operational efficiency and effective cost management, supporting sustainable profitability and financial health.

International Revenue Expansion

Strong international sales growth demonstrates successful market expansion efforts, diversifying revenue streams and reducing reliance on domestic markets.

Negative Factors

Cash Flow Challenges

Persistent cash flow issues may hinder the company's ability to invest in growth opportunities and meet financial obligations, impacting long-term stability.

Chemistry Segment Struggles

Stagnant revenue in the Chemistry segment suggests potential challenges in product demand or market competition, which could affect future growth prospects.

Leadership Changes

The departure of a key executive may disrupt strategic continuity and operational execution, potentially affecting the company's long-term strategic initiatives.

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 chemicals and related services to oil and gas companies. The company has a diversified revenue model that includes direct sales of its chemical products, which are used in various applications such as drilling fluids, completion fluids, and enhanced oil recovery. Additionally, Flotek earns income through service contracts that involve the application of its products in the field, thereby providing technical support and expertise. Strategic partnerships with major oil and gas operators further enhance their market reach and revenue potential, allowing for collaborative projects that can lead to increased sales of their chemical solutions. The company may also benefit from pricing strategies that reflect the demand for more environmentally friendly and efficient products, positioning themselves competitively within the energy sector.

Flotek Financial Statement Overview

Summary

Flotek shows strong profitability recovery and improved margins, with low leverage. However, significant cash flow challenges persist, which could impact future operations.

Income Statement

Flotek's income statement shows a positive trajectory with a notable improvement in gross profit margin from 21.06% in 2024 to 25.81% in TTM (Trailing-Twelve-Months). The net profit margin also increased significantly to 14.48% in TTM, indicating enhanced profitability. Revenue growth is modest at 2.94% in TTM, but the company has turned around from previous losses, showing strong EBIT and EBITDA margins of 10.24% and 12.13% respectively. However, the company experienced volatility in revenue growth in prior years, which could pose a risk.

Balance Sheet

The balance sheet reflects a stable financial position with a low debt-to-equity ratio of 0.068 in TTM, indicating low leverage. Return on equity improved to 13.62% in TTM, showcasing efficient use of equity to generate profits. However, the equity ratio is not explicitly provided, and past high leverage in 2022 remains a concern.

Cash Flow

Cash flow analysis reveals challenges, with negative operating cash flow and free cash flow in TTM. The free cash flow growth rate is significantly negative, and the operating cash flow to net income ratio is also negative, indicating cash flow issues despite profitability. The free cash flow to net income ratio is high at 2.96, suggesting reliance on non-operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	220.50M	187.03M	188.06M	136.09M	43.27M	53.14M
Gross Profit	56.34M	39.39M	24.26M	-6.70M	3.26M	-28.67M
EBITDA	25.30M	13.13M	28.45M	-34.54M	-29.48M	-139.16M
Net Income	31.93M	10.50M	24.71M	-42.30M	-30.53M	-136.45M
Balance Sheet
Total Assets	212.69M	170.80M	157.51M	164.81M	50.24M	86.21M
Cash, Cash Equivalents and Short-Term Investments	4.60M	4.40M	5.85M	12.29M	11.53M	38.66M
Total Debt	14.18M	12.85M	17.88M	119.58M	13.26M	14.80M
Total Liabilities	102.19M	56.90M	55.55M	162.21M	30.05M	39.04M
Stockholders Equity	110.50M	113.90M	101.96M	2.60M	20.19M	47.17M
Cash Flow
Free Cash Flow	-5.23M	1.42M	-12.38M	-45.05M	-25.88M	-49.26M
Operating Cash Flow	-2.09M	3.36M	-11.30M	-44.63M	-25.84M	-47.84M
Investing Cash Flow	-3.05M	-1.82M	-1.01M	5.33M	112.00K	-17.70M
Financing Cash Flow	4.77M	-3.12M	5.93M	38.27M	-372.00K	3.73M

Flotek Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 17.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• 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 17.79 is above the 20-day moving average (MA) of 15.57, above the 50-day MA of 15.66, and above the 200-day MA of 12.87, indicating a bullish trend. The MACD of 0.37 indicates Negative momentum. The RSI at 66.59 is Neutral, neither overbought nor oversold. The STOCH value of 65.16 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	78 Outperform	$408.24M	21.95	7.15%	0.64%	9.53%	15.48%
FTK	76 Outperform	$488.74M	19.92	29.09%	―	23.56%	242.78%
OIS	71 Outperform	$410.45M	18.51	3.31%	―	-11.02%	―
RNGR	70 Neutral	$298.70M	21.09	5.54%	1.74%	-5.47%	2.24%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
FET	61 Neutral	$405.97M	-3.84	-31.11%	―	-1.29%	-123.25%
GEOS	61 Neutral	$195.13M	-20.51	-7.48%	―	-18.29%	-43.05%

Flotek Corporate Events

Flotek Approves Equity Awards for Executives

On November 19, 2025, Flotek Industries’ Board of Directors approved equity awards for CEO Dr. Ryan Ezell and CFO J. Bond Clement, consisting of restricted stock units (RSUs) and performance-based restricted stock units (PRSUs). These awards are part of the company’s long-term incentive plan, with vesting conditions tied to financial performance and shareholder returns relative to the Russell 2000 Index. This move aims to align executive compensation with company performance and shareholder interests, potentially impacting the company’s strategic focus and market positioning.

Flotek’s Senior VP Amy Blakeway Departs Role

On November 13, 2025, Amy Blakeway departed from her role as Senior Vice President, General Counsel, and Corporate Secretary of Flotek Industries, Inc. Her departure is classified as a termination for convenience, and the company plans to provide severance benefits as outlined in her employment agreement, pending the execution of a release agreement.

Flotek Reports Strong Q3 2025 Financial Performance

On November 4, 2025, Flotek Industries announced a significant financial performance for the third quarter of 2025, with a 95% increase in gross profit and a 704% rise in net income compared to the same period in 2024. The company’s Data Analytics segment played a crucial role in this growth, contributing 16% to total revenues and achieving a gross profit margin of 71%. Flotek’s strong performance led to an upward revision of its 2025 financial guidance, reflecting confidence in continued growth and value creation for stakeholders.