Loading…
FutureFuel Corp., together with its subsidiaries, manufactures and sells diversified inorganic chemicals, bio-based fuel, and bio-based specialty chemical products in the United States. It operates through two segments: Chemicals and Biofuels. The Chemicals segment includes custom chemicals that are used in coatings, chemical intermediates, industrial and consumer cleaning, oil and gas, and specialty chemicals for specific customers under long-term contracts; and performance chemicals, which are multi-customer specialty products such as polymer modifiers, specialty solvents, surfactants, and glycerin products. The Biofuels segment is involved in the production and sale of biodiesel and petrodiesel blends; markets its biodiesel products directly to customers through trucks, barges, and rail cars; and biodiesel using a variety of feedstocks, including soy oil, poultry fat, used cooking oil, and tallow, and generates and sells byproducts such as glycerin and distillation residue. The company offers its chemical products to customers in markets including detergents, agrochemicals, automotive, oil and gas, coatings, nutrition, and polymer additives. The company serves the transportation, agriculture, heating, and energy sectors. FutureFuel Corp. is headquartered in Batesville, Arkansas.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $96M | $-39M | $-49M | $-46M | -31.9% | -60.7% | -418.6% |
| 2024 | $243M | $26M | $16M | $10M | 7.5% | -33.9% | -58.5% |
| 2023 | $368M | $48M | $37M | $15M | 12.1% | -7.0% | 145.8% |
| 2022 | $396M | $24M | $15M | $48M | 5.4% | - | - |
| 2021 | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 396.01 | 368.25 | 243.34 | 95.74 |
| Operating Revenue | - | 396.01 | 368.25 | 243.34 | 95.74 |
| Cost Of Revenue | - | 367.02 | 327.27 | 223.70 | 135.17 |
| Gross Profit | - | 28.99 | 40.98 | 19.64 | -39.42 |
| Operating Expense | - | 11.45 | 13.61 | 13.27 | 13.56 |
| Research And Development | - | 3.42 | 4.40 | 3.99 | 3.87 |
| Selling General And Administration | - | 8.03 | 9.21 | 9.28 | 9.70 |
| Total Expenses | - | 378.47 | 340.88 | 236.97 | 148.73 |
| Operating Income | - | 17.55 | 27.37 | 6.37 | -52.99 |
| Total Operating Income As Reported | - | 17.55 | 27.37 | 6.37 | -52.99 |
| EBITDA | - | 24.32 | 47.87 | 25.64 | -39.42 |
| Normalized EBITDA | - | 32.87 | 47.29 | 25.64 | -39.42 |
| EBIT | - | 13.87 | 37.52 | 16.43 | -49.08 |
| Interest Income | - | 4.87 | 9.58 | 7.66 | 3.91 |
| Interest Expense | - | 0.13 | 0.14 | 0.14 | 0.15 |
| Net Interest Income | - | 4.74 | 9.44 | 7.52 | 3.76 |
| Other Non Operating Income Expenses | 0.11 | 0 | 0 | 2.40 | - |
| Other Income Expense | 0.04 | -8.55 | 0.58 | 2.40 | - |
| Interest Income Non Operating | - | 4.87 | 9.58 | 7.66 | 3.91 |
| Interest Expense Non Operating | - | 0.13 | 0.14 | 0.14 | 0.15 |
| Net Non Operating Interest Income Expense | - | 4.74 | 9.44 | 7.52 | 3.76 |
| Pretax Income | - | 13.74 | 37.38 | 16.30 | -49.23 |
| Tax Provision | - | -1.47 | 0 | 0.79 | 0.16 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.79 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Net Income From Continuing And Discontinued Operation | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Net Income From Continuing Operation Net Minority Interest | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Net Income | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Net Income Common Stockholders | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Net Income Including Noncontrolling Interests | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Normalized Income | - | 21.96 | 36.81 | 15.50 | -49.40 |
| Diluted NI Availto Com Stockholders | - | 15.21 | 37.38 | 15.50 | -49.40 |
| Basic Average Shares | - | 43.76 | 43.76 | 43.77 | 43.86 |
| Diluted Average Shares | - | 43.76 | 43.76 | 43.77 | 43.86 |
| Reconciled Depreciation | - | 10.45 | 10.35 | 9.21 | 9.66 |
| Reconciled Cost Of Revenue | - | 367.02 | 327.27 | 223.70 | 135.17 |
| Total Unusual Items | -0.07 | -8.55 | 0.57 | - | - |
| Total Unusual Items Excluding Goodwill | -0.07 | -8.55 | 0.57 | - | - |
| Gain On Sale Of Security | -0.07 | -8.55 | 0.57 | - | - |
| General And Administrative Expense | 7.16 | 8.03 | - | - | - |
| Other Gand A | 4.57 | 4.49 | - | - | - |
| Salaries And Wages | 2.59 | 3.54 | - | - | - |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| FutureFuel Corp.this co. | FF | $192M | -3.88 | 1.24 | -31.9% | - |
| U.S. Gold Corp. | USAU | $259M | -12.58 | 22.32 | -177.4% | -19.39 |
| Clearwater Paper Corporation | CLW | $258M | -13.86 | 0.31 | -2.3% | 12.00 |
| Montauk Renewables, Inc. | MNTK | $242M | 138.43 | 0.92 | 0.7% | 11.03 |
| Hudson Technologies, Inc. | HDSN | $231M | 13.88 |
| - |
| - |
| - |
| - |
| 0.95 |
| 6.8% |
| 8.03 |
| Core Molding Technologies, Inc. | CMT | $203M | 18.11 | 1.28 | 7.1% | 7.27 |
| Friedman Industries, Incorporated | FRD | $173M | 28.48 | 1.31 | 4.6% | 15.79 |
| Smith-Midland Corporation | SMID | $164M | 13.08 | 3.01 | 23.0% | 7.76 |
| Ascent Industries Co. | ACNT | $123M | 141.88 | 1.41 | 1.0% | -28.63 |
| Peer Median | - | 15.99 | 1.30 | 2.8% | 7.90 | |