Flotek Industries Past Earnings Performance
Past criteria checks 5/6
Flotek Industries has been growing earnings at an average annual rate of 52%, while the Chemicals industry saw earnings growing at 9.8% annually. Revenues have been growing at an average rate of 22.2% per year. Flotek Industries's return on equity is 7.5%, and it has net margins of 4.6%.
Key information
52.0%
Earnings growth rate
54.6%
EPS growth rate
| Chemicals Industry Growth | 12.9% |
| Revenue growth rate | 22.2% |
| Return on equity | 7.5% |
| Net Margin | 4.6% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
After Leaping 31% Flotek Industries, Inc. (NYSE:FTK) Shares Are Not Flying Under The Radar
Nov 07
Flotek Industries: Scratched And Dented, Still A Buy
Oct 23Flotek Industries, Inc.'s (NYSE:FTK) Shares Leap 26% Yet They're Still Not Telling The Full Story
Sep 20Does Flotek Industries (NYSE:FTK) Have A Healthy Balance Sheet?
Sep 12What Does Flotek Industries, Inc.'s (NYSE:FTK) Share Price Indicate?
Jul 15Further Upside For Flotek Industries, Inc. (NYSE:FTK) Shares Could Introduce Price Risks After 27% Bounce
Jun 06Does Flotek Industries (NYSE:FTK) Have A Healthy Balance Sheet?
Jun 01Shareholders In Flotek Industries (NYSE:FTK) Should Look Beyond Earnings For The Full Story
May 14Even With A 30% Surge, Cautious Investors Are Not Rewarding Flotek Industries, Inc.'s (NYSE:FTK) Performance Completely
Mar 16Is Now An Opportune Moment To Examine Flotek Industries, Inc. (NYSE:FTK)?
Mar 09Does Flotek Industries (NYSE:FTK) Have A Healthy Balance Sheet?
Dec 19Many Still Looking Away From Flotek Industries, Inc. (NYSE:FTK)
Oct 23Flotek Industries: A Turnaround Story Still At The Ground Floor Level
Jul 19Would Flotek Industries (NYSE:FTK) Be Better Off With Less Debt?
Jul 18Flotek Industries Is A Go Big Or Go Home Energy Sector Bet
Jul 11Flotek names Bond Clement CFO
Dec 19Flotek Industries: An Upgrade From The Last Report
Sep 09Is Flotek Industries (NYSE:FTK) Using Too Much Debt?
Aug 30Flotek GAAP EPS of -$0.05, revenue of $29.4M
Aug 10Flotek rises 5% as 2Q22 prelim revenue grew 3 times annually
Jul 20Flotek Industries: A Transformational Point, But Wait!
May 23Flotek Industries (NYSE:FTK) Is Carrying A Fair Bit Of Debt
May 18Revenue & Expenses Breakdown
How Flotek Industries makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 178 | 8 | 25 | 2 |
| 30 Jun 24 | 176 | 7 | 25 | 2 |
| 31 Mar 24 | 180 | 5 | 28 | 2 |
| 31 Dec 23 | 188 | 25 | 28 | 2 |
| 30 Sep 23 | 194 | 4 | 27 | 3 |
| 30 Jun 23 | 192 | -16 | 30 | 3 |
| 31 Mar 23 | 171 | -10 | 29 | 4 |
| 31 Dec 22 | 136 | -42 | 27 | 4 |
| 30 Sep 22 | 100 | -39 | 27 | 5 |
| 30 Jun 22 | 65 | -20 | 22 | 5 |
| 31 Mar 22 | 44 | -33 | 19 | 5 |
| 31 Dec 21 | 43 | -31 | 20 | 6 |
| 30 Sep 21 | 43 | -32 | 25 | 6 |
| 30 Jun 21 | 46 | -78 | 23 | 6 |
| 31 Mar 21 | 45 | -81 | 24 | 6 |
| 31 Dec 20 | 53 | -136 | 23 | 7 |
| 30 Sep 20 | 61 | -156 | 22 | 8 |
| 30 Jun 20 | 70 | -122 | 25 | 9 |
| 31 Mar 20 | 96 | -125 | 25 | 9 |
| 31 Dec 19 | 119 | -76 | 28 | 9 |
| 30 Sep 19 | 143 | -29 | 26 | 9 |
| 30 Jun 19 | 175 | -23 | 28 | 9 |
| 31 Mar 19 | 180 | -79 | 30 | 10 |
| 31 Dec 18 | 178 | -73 | 31 | 10 |
| 30 Sep 18 | 133 | -95 | 3 | 11 |
| 30 Jun 18 | 159 | -94 | 16 | 12 |
| 31 Mar 18 | 204 | -26 | 27 | 13 |
| 31 Dec 17 | 243 | -18 | 41 | 13 |
| 30 Sep 17 | 315 | -1 | 86 | 13 |
| 30 Jun 17 | 300 | 0 | 86 | 13 |
| 31 Mar 17 | 279 | 1 | 83 | 11 |
| 31 Dec 16 | 188 | -4 | 44 | 9 |
| 30 Sep 16 | 205 | 17 | 57 | 8 |
| 30 Jun 16 | 228 | 21 | 61 | 7 |
| 31 Mar 16 | 251 | 9 | 66 | 7 |
| 31 Dec 15 | 270 | 7 | 70 | 7 |
| 30 Sep 15 | 382 | 4 | 93 | 7 |
| 30 Jun 15 | 411 | 16 | 91 | 6 |
| 31 Mar 15 | 429 | 40 | 89 | 6 |
| 31 Dec 14 | 320 | 40 | 61 | 5 |
| 30 Sep 14 | 426 | 48 | 81 | 5 |
| 30 Jun 14 | 407 | 43 | 79 | 4 |
| 31 Mar 14 | 395 | 40 | 79 | 4 |
| 31 Dec 13 | 371 | 36 | 77 | 4 |
Quality Earnings: FTK has high quality earnings.
Growing Profit Margin: FTK's current net profit margins (4.6%) are higher than last year (1.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FTK has become profitable over the past 5 years, growing earnings by 52% per year.
Accelerating Growth: FTK's earnings growth over the past year (128.1%) exceeds its 5-year average (52% per year).
Earnings vs Industry: FTK earnings growth over the past year (128.1%) exceeded the Chemicals industry -0.5%.
Return on Equity
High ROE: FTK's Return on Equity (7.5%) is considered low.