FUTUREFUEL CORP (FF)
Energy · Specialty chemicals and biodiesel manufacturing · NYSE
Integrated chemical and biodiesel manufacturer leveraging EPA renewable fuel mandates and specialty chemistry for strategic industrial customers, facing near-term headwinds from regulatory uncertainty and collapsed biofuel volumes.
What FUTUREFUEL CORP does
FutureFuel Corp manufactures a diverse portfolio of inorganic chemicals, bio-based specialty chemicals, and biofuels through its integrated facility in Batesville, Arkansas. The company operates in two primary segments: Chemicals (custom manufacturing solutions and performance chemicals for multiple customers) and Biofuels (biodiesel production with approximately 59 million gallons per year capacity). The chemicals segment focuses on specialty chemicals for strategic customers under long-term contracts, while the biofuels segment produces biodiesel supported by the EPA's Renewable Fuel Standard program.
Themes: ["Specialty chemicals / custom manufacturing","Biodiesel / renewable fuels","EPA Renewable Fuel Standard (RFS)","Integrated chemical manufacturing","Supply chain backward integration"]
Fundamentals
- Price$4.62 as of 2026-07-09 close
- Market cap$205M as of 2026-07-10
- 1-year return+14.4% as of 2026-07-09 close
- Net margin-47.5% as of 2026-07-10
- Gross margin-37.0% as of 2026-07-10
- ROE-32.5% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)-45.6% as of 2026-07-10
- Revenue CAGR (3y)-37.7% SEC XBRL
- Beta0.96 as of 2026-07-10
Dividend: yield +0.9%; pays a dividend.
Key risks (from latest filing)
["Severe negative revenue growth (-45.63% YoY) and net margin (-47.51%), with the company unprofitable; 2025 biodiesel production collapsed from 45 million gallons in 2024 to 9 million gallons due to absence of regulatory guidance on government support","Structural shift in biodiesel competitiveness: EPA reduced renewable diesel RIN equivalency factor from 1.7 to 1.6 (from 13% to 6% revenue advantage), further declining to 1.5 by 2027, narrowing profit margins in the biodiesel segment","Regulatory and policy dependency: biofuels business relies heavily on EPA Renewable Fuel Standard mandates, clean fuel production credits, and tax incentives, making the company vulnerable to regulatory changes, budget reconciliation modifications, and shifts in federal clean energy priorities"]
Competitors & peers
- Aventine Renewable Energy
- Green Plains Inc.
- Pacific Ethanol
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.