FTEK (Fuel Tech) Debt-to-EBITDA : -0.10 (As of Jun. 2026)

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FTEK Fuel Tech Inc FTEK
59 GF Score
Price $1.41
GF Value $1.15
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Fuel Tech Debt-to-EBITDA?

Fuel Tech FTEK +1.45% 59 Debt-to-EBITDA is -0.10 as of Jun. 2026. GuruFocus rates FTEK with a GF Score™ of 59/100 and a GF Value™ of $1.15 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,332 Industrial Products companies, Fuel Tech ranks worse than 42881.6% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Fuel Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.09 Mil. Fuel Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.44 Mil. Fuel Tech's annualized EBITDA for the quarter that ended in Jun. 2026 was $-5.48 Mil. Fuel Tech's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.10.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Fuel Tech's Debt-to-EBITDA or its related term are showing as below:

FTEK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.58   Med: -0.2   Max: 0.28
Current: -0.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fuel Tech was 0.28. The lowest was -0.58. And the median was -0.20.

FTEK's Debt-to-EBITDA is ranked worse than
100% of 2332 companies
in the Industrial Products industry
Industry Median: 1.695 vs FTEK: -0.14

Fuel Tech  (NAS:FTEK) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Fuel Tech Debt-to-EBITDA Related Terms


Fuel Tech Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fuel Tech's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fuel Tech Debt-to-EBITDA Chart

Fuel Tech Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 -0.21 -0.56 -0.15 -0.20

Fuel Tech Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 0.85 -0.12 -0.10 -0.10

FTEK vs SCWO, BCHT, CLIR: Debt-to-EBITDA Comparison

For the Pollution & Treatment Controls subindustry, Fuel Tech's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fuel Tech Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fuel Tech's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fuel Tech's Debt-to-EBITDA falls into.


FTEK
59GF Score
Fuel Tech Inc FTEK
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fuel Tech Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Fuel Tech's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.089 + 0.491) / -2.982
=-0.19

Fuel Tech's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.094 + 0.439) / -5.476
=-0.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.10 mean?
Fuel Tech (FTEK) has a Debt-to-EBITDA of -0.10 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fuel Tech. According to the industry distribution chart, Fuel Tech ranks #999999 out of 2332 companies in the Industrial Products industry.
Is Fuel Tech's Debt-to-EBITDA too high?
Fuel Tech's current Debt-to-EBITDA is -0.10. Based on the distribution chart, Fuel Tech ranks #999999 out of 2332 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Fuel Tech has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuel Tech's Debt-to-EBITDA compare to SCWO and BCHT?
According to the Industrial Products industry distribution chart, Fuel Tech ranks #999999 out of 2332 companies for Debt-to-EBITDA. This places Fuel Tech in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Fuel Tech. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fuel Tech's current Debt-to-EBITDA is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuel Tech stock overvalued right now?
Based on GuruFocus' analysis, Fuel Tech (FTEK) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.15, compared to a current price of $1.41 — trading 22.2% above its estimated fair value. The current Debt-to-EBITDA is -0.10. Fuel Tech's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Fuel Tech (FTEK), the current Debt-to-EBITDA is -0.10 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fuel Tech (FTEK) Overvalued in 2026?

Based on GuruFocus' analysis, Fuel Tech stock appears to be overvalued. The current stock price of $1.41 is trading 22.2% above its estimated GF Value™ of $1.15. GuruFocus considers Fuel Tech to be Modestly Overvalued.

Key valuation signals for FTEK:

  • Debt-to-EBITDA: -0.10
  • GF Value™: $1.15 vs. price of $1.41 (22.2% above fair value)
  • GF Score™: 59/100 with 3 warning signs

No single metric tells the full story. See the FTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fuel Tech Business Description

Other Exchanges FUE1:Germany
Address 27601 Bella Vista Parkway, Warrenville, IL, USA, 60555-1617
Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
59GF Score

Get the complete analysis for FTEK

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.41
Price
$1.15
GF Value