Company / Return on Equity (ROE)
FUEL TECH, INC. Return on Equity (ROE) History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
-4.6%
FY2025
5-year range
-19.2% / 0.1%
FY2021-FY2025
Trend
-31.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
FUEL TECH, INC. reports negative total equity of -4.6% in FY2025. Negative equity can occur when accumulated losses exceed contributed capital, as reported in the balance sheet from the SEC filing.
Based on SEC 10-K filings.
-4.6% in FY2025 with a 5-year CAGR of +25.4%.
Declined from -3.2% to -4.6% over the past 2 years.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -4.8pp
- 5-Year Change
- +25.4pp
- 10-Year Change
- -
Key checks
Key Insights
- FUEL TECH, INC.'s return on equity (roe) has declined for 3 consecutive years.
- In FY2025, return on equity (roe) decreased 31.5% year-over-year.
- Peak return on equity (roe) was recorded in FY2022.
- Lowest return on equity (roe) 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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | -4.6% | -31.5% |
| FY2024 | -3.5% | -9.3% |
| FY2023 | -3.2% | -2783.3% |
| FY2022 | 0.1% | +100.6% |
| FY2021 | -19.2% | +36.1% |
| FY2020 | -30.0% | +2.2% |
| FY2019 | -30.7% | +24.7% |
| FY2018 | -40.7% | -94.0% |
| FY2017 | -21.0% | +14.4% |
| FY2016 | -24.5% | -525.7% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026