FLOTEK INDUSTRIES INC/CN/
FTK · Miscellaneous Chemical Products · 36.2M shares · -18%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $4M (gross $5M, SBC $1M)
Reference price $20.08 · est. market cap ~$726M — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B72Profitable oilfield-chemistry specialist with strong headline returns but heavy related-party dependence and weak cash conversion.
Strengths
- Top-decile ROA (88.9 pct) and high ROE 27% (77.8 pct) with net margin 12.9% (87.5 pct) and 27% revenue growth (78.4 pct)
- Modest leverage (D/E 0.35) and healthy liquidity (current ratio 1.8)
Risks
- Net income flattered by $27.4M ProFrac Contract Shortfall Fees and OCF margin only 3% (37.9 pct) — sizable earnings-quality gap
- Concentrated reliance on related-party ProFrac agreements, thin trading, oil-and-gas cyclicality
Notable findings
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
25.2%
Operating margin
9.8%
Net margin
12.9%
Return on equity
27.0%
Return on assets
13.9%
ROIC
12.0%
Revenue growth (QoQ)
3.8%
Net-income growth
190.8%
Debt / equity
0.4×
Current ratio
1.8×
Tangible book value
$113M
Cash & investments
$6M
Stock comp / revenue
1.0%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | CLEMENT JAMES BOND | Sell | 13K | $20.08 |
| 2026-05-15 | Fucci Michael | Grant | 5.1K | — |
| 2026-05-15 | Agadi Harshavardhan V | Grant | 5.1K | — |
| 2026-05-15 | CLEMENT JAMES BOND | Grant | 8.1K | — |
| 2026-05-15 | CLEMENT JAMES BOND | Tax withheld | 3.2K | $19.61 |
| 2026-05-15 | Ezell Ryan Gillis | Grant | 12K | — |
| 2026-05-15 | Farber Evan R | Grant | 5.1K | — |
| 2026-05-15 | Ezell Ryan Gillis | Tax withheld | 4.8K | $19.61 |
| 2026-03-13 | ProFrac GDM, LLC | Option exercise | 6.0M | $0.00 |
| 2026-03-10 | Ibrahim Christina M | Grant | 8.4K | — |
| 2026-03-02 | Ibrahim Christina M | Grant | 3.2K | — |
| 2026-02-24 | Ezell Ryan Gillis | Grant | 37K | — |
| 2026-02-24 | CLEMENT JAMES BOND | Tax withheld | 6.3K | $16.02 |
| 2026-02-24 | CLEMENT JAMES BOND | Grant | 15K | — |
| 2026-02-24 | CLEMENT JAMES BOND | Sell | 6.3K | $16.02 |
| 2026-02-24 | CLEMENT JAMES BOND | Grant | 17K | — |
| 2026-02-24 | Ezell Ryan Gillis | Grant | 30K | — |
| 2026-02-24 | Ezell Ryan Gillis | Tax withheld | 12K | $16.02 |
| 2025-12-19 | CLEMENT JAMES BOND | Tax withheld | 3.3K | $16.26 |
| 2025-12-05 | CLEMENT JAMES BOND | Tax withheld | 1.3K | $16.38 |
| 2025-12-05 | Ezell Ryan Gillis | Tax withheld | 1.8K | $16.38 |
| 2025-11-19 | Ezell Ryan Gillis | Grant | 40K | — |
| 2025-11-19 | CLEMENT JAMES BOND | Grant | 18K | — |
| 2025-11-13 | Agadi Harshavardhan V | Sell | 67K | $14.71 |
| 2025-10-30 | CLEMENT JAMES BOND | Option exercise | 15K | — |
| 2025-10-30 | Blakeway Amy E. | Tax withheld | 1.6K | $18.75 |
| 2025-10-30 | Blakeway Amy E. | Option exercise | 6.0K | — |
| 2025-10-30 | Blakeway Amy E. | Tax withheld | 2.4K | $18.75 |
| 2025-10-30 | CLEMENT JAMES BOND | Tax withheld | 3.9K | $18.75 |
| 2025-10-30 | CLEMENT JAMES BOND | Tax withheld | 5.9K | $18.75 |
| 2025-10-30 | Ezell Ryan Gillis | Tax withheld | 7.9K | $18.75 |
| 2025-10-30 | Ezell Ryan Gillis | Option exercise | 30K | — |
| 2025-10-30 | Ezell Ryan Gillis | Tax withheld | 12K | $18.75 |
| 2025-08-14 | Ezell Ryan Gillis | Gift | 7.5K | — |
| 2025-08-14 | Ezell Ryan Gillis | Option exercise | 63K | $3.28 |
| 2025-08-14 | Ezell Ryan Gillis | Option exercise | 24K | $8.64 |
| 2025-08-14 | Ezell Ryan Gillis | Sell | 87K | $12.26 |
| 2025-08-13 | CLEMENT JAMES BOND | Sell | 46K | $12.74 |
| 2025-08-13 | CLEMENT JAMES BOND | Option exercise | 46K | $3.28 |
| 2025-05-16 | Mayr Lisa | Grant | 6.4K | — |
| 2025-05-16 | Agadi Harshavardhan V | Grant | 6.4K | — |
| 2025-05-16 | Fucci Michael | Grant | 6.4K | — |
| 2025-05-16 | Farber Evan R | Grant | 6.4K | — |
| 2025-05-15 | Wilks Matthew | Buy | 402 | $14.99 |
| 2025-05-14 | Wilks Matthew | Buy | 13K | $14.15 |
| 2025-05-12 | Wilks Matthew | Buy | 72K | $12.25 |
| 2025-05-12 | Wilks Matthew | Buy | 31K | $12.20 |
| 2025-05-12 | Wilks Matthew | Buy | 72K | $12.25 |
| 2025-05-12 | Wilks Matthew | Buy | 31K | $12.20 |
| 2025-05-09 | Wilks Matthew | Buy | 4.0K | $11.73 |
| 2025-05-09 | Wilks Matthew | Buy | 18K | $11.75 |
| 2025-05-09 | Wilks Matthew | Buy | 10K | $11.62 |
| 2025-05-09 | Wilks Matthew | Buy | 18K | $11.75 |
| 2025-05-09 | Wilks Matthew | Buy | 10K | $11.62 |
| 2025-05-09 | Wilks Matthew | Buy | 4.0K | $11.73 |
| 2025-04-19 | Ezell Ryan Gillis | Tax withheld | 3.2K | $6.82 |
| 2025-03-08 | Ezell Ryan Gillis | Tax withheld | 1.2K | $7.48 |
| 2025-03-01 | Blakeway Amy E. | Tax withheld | 1.2K | $8.01 |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (1)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-15 | Shareholder vote | filing ↗ |
| 2026-05-05 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-11 | ResultsReg FDExhibits | filing ↗ |
| 2026-03-03 | Reg FDExhibits | filing ↗ |
| 2026-03-02 | Reg FDExhibits | filing ↗ |
| 2026-02-25 | Exec/director changeExhibits | filing ↗ |
| 2025-11-21 | Exec/director changeExhibits | filing ↗ |
| 2025-11-17 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-15 | 2026-05-15 | 0000928054-26-000049 ↗ |
| 10-Q | 2026-05-07 | 2026-03-31 | 0000928054-26-000047 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0000928054-26-000044 ↗ |
| 10-K | 2026-03-16 | 2025-12-31 | 0000928054-26-000020 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0000928054-26-000018 ↗ |
| 8-K | 2026-03-03 | 2026-03-03 | 0000928054-26-000014 ↗ |
| 8-K | 2026-03-02 | 2026-03-02 | 0000928054-26-000012 ↗ |
| 8-K | 2026-02-25 | 2026-02-24 | 0000928054-26-000004 ↗ |
| 8-K | 2025-11-21 | 2025-11-19 | 0000928054-25-000113 ↗ |
| 8-K | 2025-11-17 | 2025-11-13 | 0000928054-25-000105 ↗ |
| 10-Q | 2025-11-07 | 2025-09-30 | 0000928054-25-000098 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0000928054-25-000092 ↗ |