Company / Gross Margin
FUEL TECH, INC. Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
42.3%
FY2025
5-year range
42.3% / 49.0%
FY2021-FY2025
Trend
-1.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has declined for 3 consecutive years, from 49.0% in FY2022 to 42.3% in FY2025.
Based on SEC 10-K filings.
42.3% in FY2025 with a 5-year CAGR of +6.7%.
Declined from 43.2% to 42.3% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -6.8pp
- 5-Year Change
- +6.7pp
- 10-Year Change
- -
Key checks
Key Insights
- FUEL TECH, INC.'s gross margin has declined for 3 consecutive years.
- In FY2025, gross margin decreased 1.8% year-over-year.
- Peak gross margin was recorded in FY2022.
- Lowest gross margin in the period was in FY2018.
Company context
Key Data Points
- Low Piotroski F-Score: 1/9 (multiple financial health concerns)
- Altman Z-Score 3.99 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 42.3% | -1.8% |
| FY2024 | 43.0% | -0.4% |
| FY2023 | 43.2% | -11.9% |
| FY2022 | 49.0% | +3.9% |
| FY2021 | 47.2% | +32.7% |
| FY2020 | 35.5% | -10.9% |
| FY2019 | 39.9% | +17.1% |
| FY2018 | 34.1% | -12.1% |
| FY2017 | 38.8% | -12.8% |
| FY2016 | 44.5% | +3.8% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026