📊 FF Key Takeaways
Is FF a Good Investment? Thesis Analysis
FutureFuel Corp is experiencing severe operational distress with revenues collapsing 61% YoY while maintaining negative gross margins of -41%, indicating fundamental business model deterioration. The company is burning significant cash with -$46M free cash flow despite adequate liquidity, and all profitability metrics are deeply negative, suggesting either structural market challenges or operational breakdown in the industrial organic chemicals segment.
Why Buy FF? Key Strengths
- Strong liquidity position with $51.3M cash and 5.67x current ratio providing runway for turnaround efforts
- No material long-term debt limits refinancing risk and balance sheet insolvency threat
- Positive insider trading activity with 8 Form 4 filings in last 90 days suggests some management confidence
FF Investment Risks to Consider
- Revenue collapsed 61% YoY while gross margins remain deeply negative at -41%, indicating loss-making core operations
- Operating cash flow of -$28.7M combined with -$46M free cash flow shows the company is burning through reserves despite positive equity base
- Negative operating leverage with -55.3% operating margin and -51.6% net margin demonstrates inability to generate profits at current sales volumes; breakeven may require 2x+ revenue recovery
Key Metrics to Watch
- Gross margin recovery trajectory - must reach positive territory to validate turnaround
- Revenue stabilization and sequential growth - current 61% YoY decline is unsustainable
- Operating cash flow inflection - company cannot sustain negative FCF burn indefinitely despite $51.3M cash cushion
FF Financial Metrics
💡 AI Analyst Insight
Strong liquidity with a 5.67x current ratio provides a solid financial cushion.
FF Profitability Ratios
FF vs Industrial Sector
How FutureFuel Corp. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is FF Overvalued or Undervalued?
Based on fundamental analysis, FutureFuel Corp. has mixed fundamental signals relative to the Industrial 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.
FF Balance Sheet & Liquidity
FF 5-Year Financial Trend & Growth Analysis
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 Growth Metrics (YoY)
FF Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| 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 |
| Q2 2023 | $85.3M | -$3.1M | $-0.07 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
FF Capital Allocation
FF SEC 10-K & 10-Q Filing 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 an AI rating of STRONG SELL with 92% confidence, based on fundamental analysis of SEC EDGAR filings.
What are FF's key strengths?
Claude: Strong liquidity position with $51.3M cash and 5.67x current ratio providing runway for turnaround efforts. No material long-term debt limits refinancing risk and balance sheet insolvency threat.
What are the risks of investing in FF?
Claude: Revenue collapsed 61% YoY while gross margins remain deeply negative at -41%, indicating loss-making core operations. Operating cash flow of -$28.7M combined with -$46M free cash flow shows the company is burning through reserves despite positive equity base.
What is FF's revenue and growth?
FutureFuel Corp. reported revenue of $95.7M.
Does FF pay dividends?
FutureFuel Corp. pays dividends, with $10.5M 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 $-1.13.
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 rating reflects both perspectives for balanced insights.
Is FF a good stock to buy right now?
Based on our AI fundamental analysis in March 2026, FutureFuel Corp. has a STRONG SELL rating with 92% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is FF stock overvalued or undervalued?
Valuation metrics for FF: ROE of -31.9% (sector avg: 15%), net margin of -51.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy FF stock in 2026?
Our dual AI analysis gives FutureFuel Corp. a combined STRONG SELL rating 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 $-28.7M, with capital expenditures of $17.2M. FCF margin is -48.0%.
How does FF compare to other Industrial stocks?
Vs Industrial sector averages: Net margin -51.6% (avg: 10%), ROE -31.9% (avg: 15%), current ratio 5.67 (avg: 1.8).