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Flotek Industries Inc  (FTK)
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Flotek Industries Inc's Operating Profit Margin by quarter

Trends, Rankings, Statistics



FTK Operating Profit Margin (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Revenue Change -13.69 % 3.12 % 72.25 % 272.75 % 296.72 %
Seq. Revenue Change -11.55 % -7.01 % 5.39 % -0.44 % 5.69 %
Revenue In Millions $41.62 $47.05 $50.59 $48.01 $48.22
Operating Profit Margin 5.82 % 3.44 % 1.33 % 38.56 % -35.04 %
Operating Profit Margin Total Ranking # 1600 # 2316 # 2577 # 477 # 1
Operating Income In Millions $2.42 $1.62 $0.67 $18.51 $-16.90
Y / Y Operating Income Change - - -91.64 % - -
Seq. Operating Income Change 49.54 % 140.92 % -96.37 % - -


Commenting fourth Quarter 2023 Operating Profit Margin
Despite the sequential Revenue deterioration in IV. Quarter of -11.55 % Flotek Industries Inc managed to reduce Operating Costs and increase Operating Income by 49.54 % to $2 millions. Operating Profit Margin grew to 5.82 %, below company average Operating Profit Margin.

Observing fourth quarter 2023 results within Chemical Manufacturing industry 30 other companies have achieved higher Operating Profit Margin. While Operating Profit Margin total ranking has impoved so far to 1600, from total ranking in previous quarter at 2316.
Explain Operating Margin
FTK's Operating Profit Margin fourth quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 31
Basic Materials Sector # 106
Overall # 1600

Operating Profit Margin Statistics
High Average Low
102.65 % 19.19 % 1.33 %
(Dec 31 2016)   (Jun 30 2023)




Other Operating Profit Margin Profitability Ratios
FTK's Cumulative Operating Profit Margin
Chemical Manufacturing Industry Operating Profit Margin Trends and Statistics
Basic Materials Sector Operating Profit Margin Statistics
Operating Profit Margin Profitability Trends for overall market
FTK's Operating Profit Margin Profitability versus Chemical Manufacturing Industry, Basic Materials Sector and total Market
Highest Ranking Operating Profit Margin
Lowest Ranking Operating Profit Margin
Operating Profit Margin Profit Margin for FTK's Competitors
Operating Profit Margin Profit Margin for Flotek Industries Inc's Suppliers
Operating Profit Margin Profit Margin for FTK's Customers

You may also want to know
FTK's Annual Growth Rates FTK's Profitability Ratios FTK's Asset Turnover Ratio FTK's Dividend Growth
FTK's Roe FTK's Valuation Ratios FTK's Financial Strength Ratios FTK's Operating Income Growth
FTK's Roa FTK's Inventory Turnover Ratio FTK's Growth Rates FTK's Dividend Comparisons


Companies with similar Operating Profit Margin in the quarter ending Dec 31 2023, within Chemical Manufacturing Industry Operating Profit MarginDec 31 2023 MRQ Operating IncomeDec 31 2023 MRQ Revenue
Csw Industrials Inc   15.85 %$ 27.581 $ 173.981 
Newmarket Corporation  15.76 %$ 101.337 $ 642.889 
Ingevity Corporation  15.71 %$ 58.500 $ 372.300 
Ppg Industries Inc   15.63 %$ 680.000 $ 4,350.000 
Sealed Air Corp  15.33 %$ 211.200 $ 1,377.500 
Ecolab Inc   14.98 %$ 590.000 $ 3,938.400 
Azz Inc   13.86 %$ 52.824 $ 381.149 
Xpel Inc   13.54 %$ 14.221 $ 105.049 
Minerals Technologies Inc   12.72 %$ 66.800 $ 525.300 
Fuller H B Co  12.65 %$ 114.364 $ 903.841 
Rpm International Inc   12.48 %$ 223.700 $ 1,792.228 
Axalta Coating Systems Ltd   12.43 %$ 161.200 $ 1,297.300 
Nl Industries inc   11.02 %$ 4.830 $ 43.833 
Celanese Corporation  10.08 %$ 259.000 $ 2,569.000 
Element Solutions Inc  9.68 %$ 55.500 $ 573.100 
Hawkins Inc   8.86 %$ 18.474 $ 208.496 
Methanex Corporation  7.08 %$ 263.573 $ 3,723.475 
Northern Technologies International Corporation  6.82 %$ 1.376 $ 20.182 
Lyondellbasell Industries N v   6.23 %$ 517.000 $ 8,304.000 
Olin Corporation  6.13 %$ 99.000 $ 1,614.600 
Flotek Industries Inc  5.82 %$ 2.421 $ 41.615 
Orion S a   5.81 %$ 27.200 $ 468.000 
Cardinal Ethanol Llc  4.17 %$ 2.884 $ 69.112 
Red Trail Energy Llc  4.16 %$ 1.807 $ 43.456 
Sensient Technologies Corp  2.31 %$ 8.063 $ 349.302 
Green Plains Inc   2.28 %$ 16.268 $ 712.392 
Fmc Corporation  1.58 %$ 18.100 $ 1,146.000 
Tronox Holdings Plc  1.17 %$ 8.000 $ 686.000 




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