FutureFuel Corp. FF
FutureFuel Corp. ("FutureFuel," the "Company," "we," "us," or "our," and includes our wholly-owned subsidiaries) is a Delaware corporation operating primarily through our subsidiary, FutureFuel Chemical Company. We manufacture a diverse portfolio of inorganic chemicals, bio-based specialty chemicals, and biofuels in our integrated facility in Batesville, Arkansas.
FutureFuel is publicly traded on the New York Stock Exchange ("NYSE") under the ticker symbol "FF". Our headquarters are located at our facility in Batesville, Arkansas.
Unless noted otherwise, all financial figures in this report are presented in thousand United States dollars, excluding per-share data.
We maintained a consistent commitment to returning value to our shareholders.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95.7M | $243.3M | $368.2M | $396.0M | $321.4M | $204.5M | $205.2M | $291.0M | $275.0M | $253.2M |
| Cost of revenue | — | — | — | — | — | — | — | $191.8M | $224.2M | $191.7M |
| Gross profit | -$39.4M | $19.6M | $41.0M | $29.0M | $23.5M | $31.3M | $74.1M | $73.4M | $20.3M | $46.9M |
| R&D | $3.9M | $4.0M | $4.4M | $3.4M | $3.5M | $3.0M | $3.2M | $3.5M | $3.7M | $2.7M |
| SG&A | $9.7M | $9.3M | $9.2M | $8.0M | — | — | — | — | — | — |
| Total operating expenses | $13.6M | $13.3M | $13.6M | $11.4M | $10.6M | $9.0M | $8.8M | $10.0M | $10.4M | $10.3M |
| Operating income | -$53.0M | $6.4M | $27.4M | $17.5M | $12.9M | $22.3M | $65.3M | $63.4M | $9.9M | $36.5M |
| Interest expense | $153.0K | $138.0K | $138.0K | $128.0K | $131.0K | $151.0K | $173.0K | $173.0K | $172.0K | $173.0K |
| Pre-tax income | -$49.2M | $16.3M | $37.4M | $13.7M | $15.9M | $31.8M | $79.8M | $60.2M | $16.6M | $40.8M |
| Income tax | $165.0K | $792.0K | $1.0K | $1.5M | $10.3M | $14.8M | $8.4M | $7.0M | $6.9M | $15.5M |
| Net income | -$49.4M | $15.5M | $37.4M | $15.2M | $26.3M | $46.6M | $88.2M | $53.2M | $23.5M | $56.3M |
| EPS, basic | -1.13 | 0.35 | 0.85 | 0.35 | 0.60 | 1.06 | 2.02 | 1.22 | 0.54 | 1.29 |
| EPS, diluted | -1.13 | 0.35 | 0.85 | 0.35 | 0.60 | 1.06 | 2.02 | 1.22 | 0.54 | 1.29 |
| Shares, diluted (wtd. avg.) | $43.9M | $43.8M | $43.8M | $43.8M | $43.8M | $43.7M | $43.7M | $43.7M | $43.7M | $43.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $51.3M | $109.5M | $219.4M | $175.6M | $137.5M | $198.1M | $243.3M | $215.0M | $114.6M | $199.3M |
| Short-term investments | — | — | $0 | $37.1M | $47.2M | $64.4M | $73.6M | $79.9M | $120.7M | $106.1M |
| Receivables | $9.4M | $21.9M | $28.4M | $26.2M | $29.3M | $21.4M | $110.3M | $16.3M | $22.0M | $24.4M |
| Inventory | $21.3M | $20.6M | $25.4M | $26.8M | $26.9M | $33.9M | $37.6M | $39.3M | $43.8M | $52.1M |
| Total current assets | $100.5M | $164.8M | $290.5M | $273.8M | $255.8M | $342.6M | $480.9M | $362.3M | $310.4M | $405.3M |
| Property, plant and equipment | $86.8M | $78.5M | $72.7M | $76.9M | $82.9M | $91.5M | $98.6M | $103.6M | $109.7M | $118.2M |
| Other intangibles | — | — | — | — | $0 | $1.4M | $1.4M | $1.4M | $1.4M | $1.4M |
| Total assets | $192.2M | $247.7M | $367.1M | $356.0M | $344.3M | $441.3M | $586.5M | $471.2M | $425.6M | $529.0M |
| Accounts payable | — | — | $22.2M | $28.5M | $14.9M | $12.5M | $61.3M | $20.0M | $18.4M | $22.8M |
| Total current liabilities | $17.7M | $33.3M | $41.3M | $56.1M | $35.1M | $33.0M | $82.8M | $39.5M | $35.3M | $144.0M |
| Total liabilities | $37.5M | $41.9M | $57.2M | $73.0M | $55.4M | $69.4M | $119.4M | $82.1M | $74.0M | $196.2M |
| Retained earnings | -$49.1M | $383.0K | $27.4M | $508.0K | $6.3M | $89.5M | $184.6M | $106.9M | $61.2M | $48.2M |
| Total equity | $154.7M | $205.8M | $309.9M | $283.0M | $288.9M | $371.9M | $467.1M | $389.1M | $351.6M | $332.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$28.7M | $24.8M | $21.3M | $52.5M | $44.1M | $96.4M | $34.6M | $85.6M | $39.3M | $91.0M |
| Depreciation and amortisation | $9.7M | $9.2M | $10.3M | $10.5M | $10.5M | $11.2M | $12.1M | $11.2M | $11.6M | $10.8M |
| Stock-based compensation | $1.0M | $359.0K | $0 | $46.0K | $0 | $49.0K | $21.0K | $357.0K | $998.0K | $1.9M |
| Capital expenditure | $17.2M | $14.7M | $6.0M | $4.8M | $1.5M | $4.5M | $7.0M | $4.9M | $3.6M | $4.5M |
| Investing cash flow | -$18.6M | -$14.8M | $33.0M | -$3.8M | $15.0M | $474.0K | $4.2M | $25.4M | -$13.2M | -$35.2M |
| Financing cash flow | -$10.9M | -$119.9M | -$10.5M | -$10.5M | -$119.7M | -$142.1M | -$10.5M | -$10.7M | -$110.8M | -$10.5M |
| Dividends paid | $10.5M | $119.9M | $10.5M | $10.5M | $119.9M | $141.7M | $10.5M | $10.5M | $110.7M | $10.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-027325.
Others in SIC 2860
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| GPRE | Green Plains Inc. | $1.08B | — | 16.0% |
| WLKP | Westlake Chemical Partners LP | $771.2M | — | 2.7% |