Flotek Industries, Inc. (FTK) Stock

Flotek Industries, Inc. (FTK) is a Materials stock trading at $24.68 (as of 2026-08-21), with a market capitalization of $893.92M and a trailing P/E of 23.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand Flotek Industries, Inc.: how it makes money

Flotek Industries makes green specialty chemistry products and pairs them with data analytics, selling to customers across industrial, commercial, and consumer settings.

The profit engine is the Chemistry Technologies business, where the company designs, manufactures, delivers, and markets green specialty chemicals, and that is complemented by monetizing data analytics through its Data Analytics segment.

Business quality (Solid): Company is clearly described as two segments (Chemistry Technologies and Data Analytics), but the provided segment revenue figures are not consistent enough to build a clean, mutually exclusive segment breakdown that sums to total revenue.

Valuation: At 29× earnings, FTK trades 25% below the Chemicals average (38×). Note: one-time items can distort reported P/E.

Bull case

  • Two-segment model (Chemistry Technologies and Data Analytics): Flotek operates in Chemistry Technologies (green specialty chemicals) and Data Analytics, which can support multiple sources of value creation.
  • Chemistry Technologies is tied to specific end uses: Its chemicals are described as enhancing hydrocarbon producer profitability and cleaning surfaces to help reduce the spread of bacteria, viruses, and germs.

Bear case

  • Related party revenue is a meaningful line item: The facts include multiple related party chemistry revenue labels, which raises concentration and transition risk if related party demand changes.
  • Data analytics contribution appears limited in the provided figures: The provided operational KPI candidates show several data analytics revenue measures at 0.0 (or very small values), which can indicate limited scale versus chemistry.
Valuation — source: SEC EDGAR (first-party)
Price$24.68
Market Cap$893.92M
P/E Ratio23.5
EV / EBITDA23.2
Price / Book6.92
Price / Sales3.05
DCF Value (model)$4.81
DCF Upside vs Price-80.5%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$237.26M
Net Margin12.9%
Revenue Growth (YoY)70.3%
EPS Growth (YoY)460.0%
Financial Health — source: SEC EDGAR
Altman Z-Score4.88 (safe)
Piotroski F-Score4/9 (moderate)
Valuation vs Sector & Industry
Stock P/E23.5
Sector P/E (Materials)25.9
Industry P/E (Chemicals)31.1
vs Sector-9.2%
vs Industry-24.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock Fund Advisors ($41.48M)
Institutional Holders Tracked10
Company
SectorMaterials
IndustryChemicals
CEORyan Gillis Ezell
Employees142
CountryUS
IPO Date2005-07-27

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FTK earnings history · FTK institutional & insider holders · FTK KPIs & operating metrics · FTK financials · FTK investor presentations & press releases · FTK SEC filings · FTK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.