FF (FutureFuel) Gross Margin %: -49.63% (As of Mar. 2026)


FF FutureFuel Corp FF
57 GF Score
Price $4.15
GF Value $1.97
Valuation Significantly Overvalued
! 5 Warning Signs
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What is FutureFuel Gross Margin %?

FutureFuel FF -0.24% 57 Gross Margin % is -49.63% as of Mar. 2026. GuruFocus rates FF with a GF Score™ of 57/100 and a GF Value™ of $1.97 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,564 Chemicals companies, FutureFuel ranks worse than 99.36% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. FutureFuel's Gross Profit for the three months ended in Mar. 2026 was $-15.9 Mil. FutureFuel's Revenue for the three months ended in Mar. 2026 was $32.0 Mil. Therefore, FutureFuel's Gross Margin % for the quarter that ended in Mar. 2026 was -49.63%.


The historical rank and industry rank for FutureFuel's Gross Margin % or its related term are showing as below:

FF' s Gross Margin % Range Over the Past 10 Years
Min: -41.18   Med: 9.6   Max: 36.13
Current: -36.97


During the past 13 years, the highest Gross Margin % of FutureFuel was 36.13%. The lowest was -41.18%. And the median was 9.60%.

FF's Gross Margin % is ranked worse than
99.36% of 1564 companies
in the Chemicals industry
Industry Median: 23.375 vs FF: -36.97

FutureFuel had a gross margin of -49.63% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for FutureFuel was 0.00% per year.


FutureFuel  (NYSE:FF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

FutureFuel had a gross margin of -49.63% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


FutureFuel Gross Margin % Related Terms


FutureFuel Gross Margin % Historical Data

* Premium members only.

The historical data trend for FutureFuel's Gross Margin % 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.

FutureFuel Gross Margin % Chart

FutureFuel Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 7.32 11.13 8.07 -41.18

FutureFuel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 -86.60 -24.58 -30.11 -46.69 -49.63

FF vs AMTX, RLEA, CMT: Gross Margin % Comparison

For the Specialty Chemicals subindustry, FutureFuel's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


FutureFuel Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, FutureFuel's Gross Margin % distribution charts can be found below:

* The bar in red indicates where FutureFuel's Gross Margin % falls into.


FF
57GF Score
FutureFuel Corp FF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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FutureFuel Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

FutureFuel's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-39.4 / 95.742
=(Revenue - Cost of Goods Sold) / Revenue
=(95.742 - 135.167) / 95.742
=-41.18 %

FutureFuel's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-15.9 / 31.952
=(Revenue - Cost of Goods Sold) / Revenue
=(31.952 - 47.81) / 31.952
=-49.63 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -49.63% mean?
FutureFuel (FF) has a Gross Margin % of -49.63% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on FutureFuel and its competitors. According to the industry distribution chart, FutureFuel ranks #1554 out of 1564 companies in the Chemicals industry, placing it in the top 99.4%.
Is FutureFuel's Gross Margin % too high?
FutureFuel's current Gross Margin % is -49.63%. Based on the distribution chart, FutureFuel ranks #1554 out of 1564 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, FutureFuel has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FutureFuel's Gross Margin % compare to AMTX and RLEA?
According to the Chemicals industry distribution chart, FutureFuel ranks #1554 out of 1564 companies for Gross Margin %. This places FutureFuel in the lower half of its industry. The industry median Gross Margin % is 23.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on FutureFuel and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FutureFuel's current Gross Margin % is -49.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FutureFuel stock overvalued right now?
Based on GuruFocus' analysis, FutureFuel (FF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.97, compared to a current price of $4.15 — trading 110.7% above its estimated fair value. The current Gross Margin % is -49.63%. FutureFuel's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For FutureFuel (FF), the current Gross Margin % is -49.63% as of Mar. 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 FutureFuel (FF) Overvalued in 2026?

Based on GuruFocus' analysis, FutureFuel stock appears to be overvalued. The current stock price of $4.15 is trading 110.7% above its estimated GF Value™ of $1.97. GuruFocus considers FutureFuel to be Significantly Overvalued.

Key valuation signals for FF:

  • Gross Margin %: -49.63%
  • GF Value™: $1.97 vs. price of $4.15 (110.7% above fair value)
  • GF Score™: 57/100 with 5 warning signs

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


FutureFuel Business Description

Other Exchanges 3FF:Germany
Address 2800 Gap Road, Batesville, AR, USA, 72501
FutureFuel Corp makes and sells diversified chemical products, bio-based fuel products, and specialty chemical products. The company is organized into two segments based on product type: biofuels and chemicals. The biofuels segment sells biodiesel and other petroleum products, with fuels made from a mix of diesel, vegetable oils, and grease feedstock. The chemicals segment, which generates the majority of revenue, sells products used in the production of agricultural chemicals, including herbicides, as well as coatings and cleaning products such as detergents.
57GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.15
Price
$1.97
GF Value