📊 FF Key Takeaways
Is FutureFuel Corp. (FF) a Good Investment?
FutureFuel is experiencing severe operational distress with 60.7% YoY revenue collapse and a negative gross margin of -49.6%, indicating fundamental business model failure rather than temporary cyclicality. The company burns $25.4M in free cash flow annually against a $22.4M cash balance, providing approximately 10-11 months of runway without immediate operational recovery or capital injection.
FutureFuel's fundamentals have deteriorated sharply, with revenue down 60.7% year over year and profitability collapsing into deeply negative territory across gross, operating, and net margins. The company still has meaningful balance-sheet support through high liquidity, substantial equity, and no long-term debt, but current operating performance and cash burn suggest weak growth quality and a business under significant pressure. Unless margins and operating cash flow recover materially, the financial profile points to continued fundamental deterioration.
FutureFuel Corp. Key Strengths (FF)
- Minimal leverage with 0.00x Debt/Equity ratio and $37.1M total liabilities provides financial flexibility
- Strong liquidity position with 4.79x current ratio and $22.4M cash provides near-term operational cushion
- Substantial asset base of $179.0M and $141.9M stockholders equity preserves potential going-concern value
- Strong liquidity with a 5.67x current ratio and $51.32M in cash
- No long-term debt and a 0.00x debt-to-equity ratio reduce solvency risk
- Equity base remains sizable at $154.71M relative to liabilities of $37.53M
FF Stock Risks: FutureFuel Corp. Investment Risks
- Negative gross margin of -49.6% indicates company loses money on every unit sold, reflecting structural operational failure
- Negative free cash flow of -$25.4M annually with $22.4M cash creates critical liquidity crisis within 10-11 months
- Revenue collapse of 60.7% YoY paired with net income deterioration of 418.6% YoY suggests accelerating business deterioration
- Revenue fell 60.7% year over year, indicating severe top-line contraction
- Gross margin of -41.2% suggests the core business is currently uneconomic
- Negative operating cash flow and free cash flow indicate ongoing cash burn
Key Metrics to Watch
- Quarterly gross margin trend and path to profitability per unit
- Monthly cash burn rate and actual cash runway remaining
- Operating cash flow stabilization and quarterly revenue stabilization indicators
- Gross margin recovery and operating margin trend
- Operating cash flow and free cash flow trajectory
FutureFuel Corp. (FF) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.79x current ratio provides a solid financial cushion.
FF Profit Margin, ROE & Profitability Analysis
FF vs Materials Sector: How FutureFuel Corp. Compares
How FutureFuel Corp. compares to Materials sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FutureFuel Corp. Stock Overvalued? FF Valuation Analysis 2026
Based on fundamental analysis, FutureFuel Corp. has mixed fundamental signals relative to the Materials sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
FutureFuel Corp. Balance Sheet: FF Debt, Cash & Liquidity
FF Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: FutureFuel Corp.'s revenue has grown significantly by 15% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.85 reflects profitable operations.
FF Revenue Growth, EPS Growth & YoY Performance
FF Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $17.5M | -$18.1M | $-0.41 |
| Q3 2025 | $22.7M | -$1.2M | $-0.03 |
| Q2 2025 | $35.7M | $4.3M | $0.22 |
| Q1 2025 | $17.5M | $4.3M | $0.10 |
| Q3 2024 | $51.1M | -$1.2M | $-0.03 |
| Q2 2024 | $72.4M | $4.3M | $0.22 |
| Q1 2024 | $58.3M | $4.3M | $0.10 |
| Q3 2023 | $116.8M | $278.0K | $0.01 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FutureFuel Corp. Dividends, Buybacks & Capital Allocation
FF SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for FutureFuel Corp. (CIK: 0001337298)
📋 Recent SEC Filings
❓ Frequently Asked Questions about FF
What is the AI rating for FF?
FutureFuel Corp. (FF) has a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 92% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are FF's key strengths?
Claude: Minimal leverage with 0.00x Debt/Equity ratio and $37.1M total liabilities provides financial flexibility. Strong liquidity position with 4.79x current ratio and $22.4M cash provides near-term operational cushion. ChatGPT: Strong liquidity with a 5.67x current ratio and $51.32M in cash. No long-term debt and a 0.00x debt-to-equity ratio reduce solvency risk.
What are the risks of investing in FF?
Claude: Negative gross margin of -49.6% indicates company loses money on every unit sold, reflecting structural operational failure. Negative free cash flow of -$25.4M annually with $22.4M cash creates critical liquidity crisis within 10-11 months. ChatGPT: Revenue fell 60.7% year over year, indicating severe top-line contraction. Gross margin of -41.2% suggests the core business is currently uneconomic.
What is FF's revenue and growth?
FutureFuel Corp. reported revenue of $32.0M.
Does FF pay dividends?
FutureFuel Corp. pays dividends, with $2.6M distributed to shareholders in the trailing twelve months.
Where can I find FF SEC filings?
Official SEC filings for FutureFuel Corp. (CIK: 0001337298) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is FF's EPS?
FutureFuel Corp. has a diluted EPS of $-0.47.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is FF's fundamental grade?
Based on our AI fundamental analysis in June 2026, FutureFuel Corp. has a D grade with 92% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is FF stock overvalued or undervalued?
Valuation metrics for FF: ROE of -14.5% (sector avg: 14%), net margin of -64.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is FF's AI grade for 2026?
Our dual AI analysis gives FutureFuel Corp. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is FF's free cash flow?
FutureFuel Corp.'s operating cash flow is $-20.0M, with capital expenditures of $5.4M. FCF margin is -79.4%.
How does FF compare to other Materials stocks?
Vs Materials sector averages: Net margin -64.4% (avg: 10%), ROE -14.5% (avg: 14%), current ratio 4.79 (avg: 1.6).