Company / Operating Margin
FUEL TECH, INC. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
-18.7%
FY2025
5-year range
-19.2% / -5.7%
FY2021-FY2025
Trend
-90.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Margin has fluctuated over the past 10 years, ranging from -31.9% in FY2016 to -5.7% in FY2023.
Based on SEC 10-K filings.
-18.7% in FY2025 with a 5-year CAGR of +8.3%.
Declined from -5.7% to -18.7% over the past 2 years.
Operating Margin over time
Growth rates
- 3-Year Change
- -12.6pp
- 5-Year Change
- +8.3pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, operating margin decreased 90.7% year-over-year.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2016.
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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -18.7% | -90.7% |
| FY2024 | -9.8% | -73.0% |
| FY2023 | -5.7% | +7.7% |
| FY2022 | -6.1% | +68.1% |
| FY2021 | -19.2% | +28.9% |
| FY2020 | -27.1% | -73.0% |
| FY2019 | -15.6% | +28.3% |
| FY2018 | -21.8% | -195.8% |
| FY2017 | -7.4% | +76.9% |
| FY2016 | -31.9% | -535.1% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026