FutureFuel Corp.
FF · Industrial Organic Chemicals · 43.9M shares · +0%/yr ↑ dilution · EDGAR filings ↗
Reference price $4.28 · est. market cap ~$188M — last insider purchase, 2026-06-04 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
D48Diversified specialty-chemical/biofuels maker that posted a loss year as biodiesel economics collapsed without federal credits.
Strengths
- Strong balance sheet (current ratio 5.67, quick 4.47, ~88th pct) and continued dividend payments
- Integrated Batesville site with custom-chemical contracts provides a more stable revenue leg
Risks
- Revenue fell 60% and gross margin turned negative (-41%, 11.8th pct); net margin -52%, FCF -$46M
- Biodiesel viability hinges on uncertain BTC/CFPC/RIN/LCFS policy; production cut from 45M to 9M gallons
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Net lossNet loss (net margin -51.6%)
- Cash burnNegative free cash flow (-46.0M)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Operating margin
-55.3%
Net margin
-51.6%
Return on equity
-31.9%
Return on assets
-25.7%
Revenue growth (QoQ)
61.0%
Net-income growth
-418.6%
Current ratio
5.7×
Free cash flow
-$46M
Tangible book value
$155M
Cash & investments
$51M
Cash runway
4q
Stock comp / revenue
1.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-04 | Polet Roeland | Buy | 10K | $4.28 |
| 2025-12-11 | SPARKS ROSE | Grant | 5.0K | — |
| 2025-12-11 | Gaither Kyle | Grant | 5.0K | — |
| 2025-11-20 | Polet Roeland | Buy | 15K | $3.20 |
| 2025-11-18 | COLE DALE E | Grant | 5.0K | — |
| 2025-11-18 | Butcher Pamela R | Grant | 5.0K | — |
| 2025-11-18 | Manheim Paul | Grant | 5.0K | — |
| 2025-11-18 | Bedell Donald C. | Grant | 5.0K | — |
| 2025-11-18 | Novelly Paul Anthony II | Grant | 5.0K | — |
| 2025-11-18 | Rowe Richard P. | Grant | 5.0K | — |
| 2025-11-18 | Greer GBruce | Grant | 5.0K | — |
| 2025-11-18 | KRUSZEWSKI RONALD J | Grant | 5.0K | — |
| 2025-04-03 | Rowe Richard P. | Buy | 15K | $3.95 |
| 2025-04-03 | Rowe Richard P. | Buy | 15K | $3.95 |
| 2025-04-03 | Bedell Donald C. | Buy | 10K | $4.00 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-22 | 0001437749-26-021846 ↗ |
| 10-Q | 2026-05-11 | 2026-03-31 | 0001437749-26-016116 ↗ |
| 8-K | 2026-05-11 | 2026-05-11 | 0001437749-26-016118 ↗ |
| 8-K | 2026-04-20 | 2026-04-20 | 0001437749-26-012837 ↗ |
| 8-K | 2026-03-31 | 2026-03-31 | 0001437749-26-010504 ↗ |
| 8-K | 2026-03-16 | 2026-03-16 | 0001437749-26-008407 ↗ |
| 10-K | 2026-03-16 | 2025-12-31 | 0001437749-26-008411 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001437749-26-005600 ↗ |
| 8-K | 2025-12-10 | 2025-12-10 | 0001437749-25-037405 ↗ |
| 8-K | 2025-12-08 | 2025-12-04 | 0001437749-25-037081 ↗ |
| 8-K | 2025-11-12 | 2025-11-11 | 0001437749-25-034252 ↗ |
| 8-K | 2025-11-10 | 2025-11-10 | 0001437749-25-034099 ↗ |