Arq [ARQ] vs Fuel Tech [FTEK] Detailed Stock Comparison

TLDR: Quick Comparison Summary

Based on 19 vital metrics comparison: Arq Inc. wins in 8 metrics, Fuel Tech Inc. wins in 11 metrics, with 0 ties. Fuel Tech Inc. appears stronger overall.

View Metrics Details

Vital Metrics Comparison

Metric Arq Inc. Fuel Tech Inc. Better
P/E Ratio (TTM) 157.59 -17.13 Arq Inc.
Price-to-Book Ratio 0.56 1.04 Arq Inc.
Debt-to-Equity Ratio 22.26 1.45 Fuel Tech Inc.
PEG Ratio 0.04 0.51 Arq Inc.
EV/EBITDA 34.59 -5.65 Arq Inc.
Profit Margin (TTM) -43.72% -8.71% Fuel Tech Inc.
Operating Margin (TTM) -22.06% -19.66% Fuel Tech Inc.
Return on Equity -27.31% -5.68% Fuel Tech Inc.
Return on Assets (TTM) -1.97% -4.79% Arq Inc.
Free Cash Flow (TTM) $-11.31M $2.34M Fuel Tech Inc.
1-Year Return -44.13% -10.84% Fuel Tech Inc.
Price-to-Sales Ratio (TTM) 0.79 1.57 Arq Inc.
Enterprise Value $125.95M $16.85M Arq Inc.
EV/Revenue Ratio 1.05 0.63 Fuel Tech Inc.
Gross Profit Margin (TTM) 13.56% 44.63% Fuel Tech Inc.
Revenue per Share (TTM) $3 $1 Arq Inc.
Earnings per Share (Diluted) $-1.25 $-0.08 Fuel Tech Inc.
Beta (Stock Volatility) 3.49 1.12 Fuel Tech Inc.
Short % of Float 5.94% 0.43% Fuel Tech Inc.

Arq Inc. vs Fuel Tech Inc. Stock Performance Analysis

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Performance Comparison

Short-term Returns

Stock1D1W1M3M6MYTD
Arq Inc.-4.76%9.64%11.43%-22.00%-28.53%-18.02%
Fuel Tech Inc.-2.04%-0.68%-9.82%-1.34%-16.95%-14.04%

Long-term Returns

Stock1Y3Y5Y10Y15Y20Y
Arq Inc.-44.13%86.49%-65.46%-64.93%-88.73%-88.73%
Fuel Tech Inc.-10.84%8.82%-49.49%-5.73%-80.95%-90.91%

Performance & Financial Health Analysis: Arq Inc. vs Fuel Tech Inc.

MetricARQFTEK
Market Information
Market Cap i$95.13M$42.06M
Market Cap CategoryMicro capMicro cap
10 Day Avg. Volume i426,978115,073
90 Day Avg. Volume i1,402,306115,384
Last Close$2.60$1.44
52 Week Range$1.54 - $7.89$1.17 - $3.65
% from 52W High-67.05%-60.55%
All-Time High$28.48 (Feb 17, 2014)$38.20 (Jun 18, 2007)
% from All-Time High-90.87%-96.23%
Growth Metrics
Quarterly Revenue Growth0.09%0.37%
Quarterly Earnings Growth0.09%0.37%
Financial Health
Profit Margin (TTM) i-0.44%-0.09%
Operating Margin (TTM) i-0.22%-0.20%
Return on Equity (TTM) i-0.27%-0.06%
Debt to Equity (MRQ) i22.261.45
Cash & Liquidity
Book Value per Share (MRQ)$3.93$1.28
Cash per Share (MRQ)$0.15$0.81
Operating Cash Flow (TTM) i$-2,730,000$3.02M
Levered Free Cash Flow (TTM) i$-6,351,875$2.32M
Dividends
Last 12-Month Dividend Yield iN/AN/A
Last 12-Month Dividend i$0.00N/A

Valuation & Enterprise Metrics Analysis: Arq Inc. vs Fuel Tech Inc.

MetricARQ (Apr 22, 2026)FTEK (Apr 26, 2026)
Price Ratios
P/E Ratio (TTM) i157.59-17.13
Forward P/E i66.61-26.80
PEG Ratio i0.040.51
Price to Sales (TTM) i0.791.57
Price to Book (MRQ) i0.561.04
Market Capitalization
Market Capitalization i$95.13M$42.06M
Enterprise Value i$125.95M$16.85M
Enterprise Value Metrics
Enterprise to Revenue i1.050.63
Enterprise to EBITDA i34.59-5.65
Risk & Other Metrics
Beta i3.491.12
Book Value per Share (MRQ) i$3.93$1.28

Financial Statements Comparison: Arq Inc. vs Fuel Tech Inc.

Financial Metrics

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Revenue

Operating Margin

Profit Margin

Long Term Debt

Income Flow Analysis

Financial Statements Comparison

Income Statement

MetricARQ (2025)FTEK (2025)
Revenue/Sales i120.34M26.68M
Cost of Goods Sold i86.80M14.29M
COGS % of Revenue i72.1%53.6%
Gross Profit i33.53M12.38M
Gross Margin i27.9%46.4%
Research & Development i7.34M2.01M
Operating Income (EBIT) i-8.11M-3.68M
Operating Margin i-6.7%-13.8%
EBITDA i6.45M-2.98M
EBITDA Margin i5.4%-11.2%
Pre-Tax Income i-52.60M-2.31M
Pre-Tax Income % of Revenue i-43.7%-8.7%
Income Tax i12,00015,000
Income Tax % of Revenue i0.0%0.1%
Net Income (Profit) i-52.61M-2.32M
Profit Margin i-43.7%-8.7%

Balance Sheet & Liquidity Metrics

MetricARQ (2025)FTEK (2025)
Cash & Equivalents i6.57M11.94M
Total Current Assets i43.85M31.94M
Total Current Assets % of Revenue i36.4%119.7%
Total Current Liabilities i42.30M6.27M
Total Current Liabilities % of Revenue i35.1%23.5%
Long-Term Debt i14.54M491,000
Long-Term Debt % of Revenue i12.1%1.8%
Total Shareholders Equity i167.96M39.93M
Retained Earnings i13.82M-121.80M
Retained Earnings % of Revenue i11.5%-456.6%
Property, Plant & Equipment i15.20M13.57M

Cash Flow Statement Comparison

MetricARQ (2025)FTEK (2025)
Operating Cash Flow i-36.91M3.13M
Operating Cash Flow % of Revenue i-30.7%11.7%
Capital Expenditures i-8.57M-674,000
Free Cash Flow i-11.31M2.34M
FCF Margin i-9.4%8.8%
Debt Repayment i-125.18MN/A
Common Stock Repurchase i-66,000N/A

Short Interest & Institutional Ownership Analysis

MetricARQFTEK
Shares Short i1.96M99,227
Short Ratio i1.170.56
Short % of Float i5.94%0.43%
Shares Outstanding i42.73M31.07M
Float Shares i30.17M23.38M
% Held by Insiders i23.67%23.36%
% Held by Institutions i39.82%24.62%
% Held by Public i36.51%52.02%

Dividend Analysis & Yield Comparison: Arq Inc. vs Fuel Tech Inc.

MetricARQFTEK
Last 12-Month Dividend i$0.00N/A
Last 12-Month Dividend Yield iN/AN/A
3-Year Avg Annual Dividend i$0.00N/A
3-Year Avg Dividend Yield iN/AN/A
3-Year Total Dividends i$0.00N/A
Ex-Dividend DateN/AN/A