Fuel Tech develops and commercializes air pollution control technologies, process optimization systems, and water treatment solutions for utility and industrial customers. The company operates through two primary segments: Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control segment offers selective non-catalytic and catalytic reduction systems (NOxOUT, HERT SNCR, and advanced SCR systems) designed to reduce nitrogen oxide emissions from boilers, incinerators, and furnaces. It also provides electrostatic precipitator processes, flue gas conditioning systems, and integrated NOx reduction technologies. The FUEL CHEM segment delivers chemical treatment programs that improve combustion efficiency and reliability while controlling operational issues including slagging, fouling, corrosion, and particulate emissions. The segment employs targeted in-furnace injection technology to treat various fuel types—coal, heavy oil, black liquor, biomass, and municipal waste—across electric utility, industrial, pulp and paper, and waste-to-energy applications.
The company maintains a relatively small operational footprint with 72 full-time employees and is headquartered in Warrenville, Illinois. Fuel Tech serves customers across the United States, the Americas, Europe, South Africa, and the Pacific region. The company was incorporated in Delaware in 1987.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | $-0.06 | $-0.06 | -20.0% | |
| 2023 | $-0.05 | $-0.05 | +0.0% | |
| 2022 | $-0.05 | $-0.05 | — | |
| 2021 | $0.00 | $0.00 | +100.0% | |
| 2020 | $-0.07 | $-0.07 | +61.1% | |
| 2019 | $-0.18 | $-0.18 | -550.0% | |
| 2018 | $0.04 | $0.04 | +157.1% | |
| 2017 | $-0.07 | $0.02 | +82.1% | |
| 2016 | $-0.39 | $-0.39 | +0.0% | |
| 2015 | $-0.39 | $-0.39 | +48.0% | |
| 2014 | $-0.75 | $-0.75 | -3850.0% | |
| 2013 | $0.02 | $0.02 | -92.0% | |
| 2011 | $0.25 | $0.26 | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-04 | 0001437749-25-006116 | SEC ↗ |
| 2023-12-31 | 2024-03-11 | 0001437749-24-007335 | SEC ↗ |
| 2022-12-31 | 2023-03-07 | 0001437749-23-005675 | SEC ↗ |
| 2021-12-31 | 2022-03-08 | 0001437749-22-005551 | SEC ↗ |
| 2020-12-31 | 2021-03-15 | 0001437749-21-006048 | SEC ↗ |
| 2019-12-31 | 2020-03-12 | 0000846913-20-000019 | SEC ↗ |
| 2018-12-31 | 2019-03-14 | 0000846913-19-000020 | SEC ↗ |
| 2017-12-31 | 2018-03-12 | 0000846913-18-000031 | SEC ↗ |
| 2016-12-31 | 2017-03-14 | 0000846913-17-000025 | SEC ↗ |
| 2015-12-31 | 2016-03-24 | 0000846913-16-000116 | SEC ↗ |
| 2014-12-31 | 2015-03-16 | 0000846913-15-000026 | SEC ↗ |
| 2013-12-31 | 2014-03-10 | 0000846913-14-000014 | SEC ↗ |
| 2012-12-31 | 2013-03-18 | 0001193125-13-112499 | SEC ↗ |
| 2011-12-31 | 2012-03-05 | 0001193125-12-096880 | SEC ↗ |
| 2010-12-31 | 2011-03-09 | 0000950123-11-023713 | SEC ↗ |
| 2009-12-31 | 2010-03-04 | 0000950123-10-021077 | SEC ↗ |
| 2008-12-31 | 2009-03-05 | 0001144204-09-012197 | SEC ↗ |
| 2007-12-31 | 2008-03-05 | 0001144204-08-013492 | SEC ↗ |
| 2006-12-31 | 2007-03-06 | 0001144204-07-011461 | SEC ↗ |
| 2005-12-31 | 2006-03-10 | 0001125282-06-001568 | SEC ↗ |
| 2004-12-31 | 2005-03-16 | 0001125282-05-001390 | SEC ↗ |
| 2003-12-31 | 2004-03-15 | 0001125282-04-001025 | SEC ↗ |
| 2002-12-31 | 2003-03-17 | 0001125282-03-002275 | SEC ↗ |
| 2001-12-31 | 2002-03-26 | 0001125282-02-000982 | SEC ↗ |
| 2000-12-31 | 2001-03-23 | 0001125282-01-001067 | SEC ↗ |