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Side-by-side financial comparison of FutureFuel Corp. (FF) and M-tron Industries, Inc. (MPTI). Click either name above to swap in a different company.

FutureFuel Corp. is the larger business by last-quarter revenue ($19.8M vs $14.2M, roughly 1.4× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs -60.5%, a 84.6% gap on every dollar of revenue. On growth, M-tron Industries, Inc. posted the faster year-over-year revenue change (11.2% vs -67.7%). M-tron Industries, Inc. produced more free cash flow last quarter ($2.3M vs $-29.9M). Over the past eight quarters, M-tron Industries, Inc.'s revenue compounded faster (12.8% CAGR vs -41.7%).

FutureFuel Corporation is a developer and producer of chemicals and biofuels. It is listed on the New York Stock Exchange, with symbol FF.

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

FF vs MPTI — Head-to-Head

Bigger by revenue
FF
FF
1.4× larger
FF
$19.8M
$14.2M
MPTI
Growing faster (revenue YoY)
MPTI
MPTI
+78.9% gap
MPTI
11.2%
-67.7%
FF
Higher net margin
MPTI
MPTI
84.6% more per $
MPTI
24.1%
-60.5%
FF
More free cash flow
MPTI
MPTI
$32.2M more FCF
MPTI
$2.3M
$-29.9M
FF
Faster 2-yr revenue CAGR
MPTI
MPTI
Annualised
MPTI
12.8%
-41.7%
FF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FF
FF
MPTI
MPTI
Revenue
$19.8M
$14.2M
Net Profit
$-12.0M
$3.4M
Gross Margin
-46.7%
Operating Margin
-62.9%
27.3%
Net Margin
-60.5%
24.1%
Revenue YoY
-67.7%
11.2%
Net Profit YoY
-529.4%
60.1%
EPS (diluted)
$-0.28
$0.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FF
FF
MPTI
MPTI
Q4 25
$19.8M
$14.2M
Q3 25
$22.7M
$14.2M
Q2 25
$35.7M
$13.3M
Q1 25
$17.5M
$12.7M
Q4 24
$61.5M
$12.8M
Q3 24
$51.1M
$13.2M
Q2 24
$72.4M
$11.8M
Q1 24
$58.3M
$11.2M
Net Profit
FF
FF
MPTI
MPTI
Q4 25
$-12.0M
$3.4M
Q3 25
$-9.3M
$1.8M
Q2 25
$-10.4M
$1.6M
Q1 25
$-17.6M
$1.6M
Q4 24
$2.8M
$2.1M
Q3 24
$-1.2M
$2.3M
Q2 24
$9.6M
$1.7M
Q1 24
$4.3M
$1.5M
Gross Margin
FF
FF
MPTI
MPTI
Q4 25
-46.7%
Q3 25
-30.1%
Q2 25
-24.6%
Q1 25
-83.0%
Q4 24
9.1%
Q3 24
0.7%
Q2 24
12.0%
Q1 24
8.6%
Operating Margin
FF
FF
MPTI
MPTI
Q4 25
-62.9%
27.3%
Q3 25
-42.9%
18.0%
Q2 25
-33.4%
13.9%
Q1 25
-107.4%
15.8%
Q4 24
2.6%
20.1%
Q3 24
-5.6%
22.1%
Q2 24
7.5%
17.8%
Q1 24
3.8%
16.0%
Net Margin
FF
FF
MPTI
MPTI
Q4 25
-60.5%
24.1%
Q3 25
-41.1%
12.9%
Q2 25
-29.2%
11.7%
Q1 25
-100.6%
12.8%
Q4 24
4.5%
16.7%
Q3 24
-2.3%
17.2%
Q2 24
13.2%
14.8%
Q1 24
7.4%
13.3%
EPS (diluted)
FF
FF
MPTI
MPTI
Q4 25
$-0.28
$0.90
Q3 25
$-0.21
$0.63
Q2 25
$-0.24
$0.53
Q1 25
$-0.40
$0.56
Q4 24
$0.06
$0.68
Q3 24
$-0.03
$0.81
Q2 24
$0.22
$0.63
Q1 24
$0.10
$0.53

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FF
FF
MPTI
MPTI
Cash + ST InvestmentsLiquidity on hand
$51.3M
$20.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$154.7M
$63.2M
Total Assets
$192.2M
$68.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FF
FF
MPTI
MPTI
Q4 25
$51.3M
$20.9M
Q3 25
$85.6M
$18.3M
Q2 25
$95.2M
$15.5M
Q1 25
$97.1M
$13.7M
Q4 24
$109.5M
$12.6M
Q3 24
$133.4M
$8.5M
Q2 24
$115.1M
$6.5M
Q1 24
$201.1M
$5.4M
Stockholders' Equity
FF
FF
MPTI
MPTI
Q4 25
$154.7M
$63.2M
Q3 25
$169.1M
$37.0M
Q2 25
$178.2M
$34.8M
Q1 25
$188.4M
$33.2M
Q4 24
$205.8M
$31.3M
Q3 24
$213.3M
$26.2M
Q2 24
$214.4M
$23.7M
Q1 24
$204.8M
$21.7M
Total Assets
FF
FF
MPTI
MPTI
Q4 25
$192.2M
$68.4M
Q3 25
$203.5M
$42.2M
Q2 25
$218.2M
$39.7M
Q1 25
$227.7M
$37.8M
Q4 24
$247.7M
$36.6M
Q3 24
$256.5M
$31.5M
Q2 24
$261.2M
$28.4M
Q1 24
$365.4M
$26.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FF
FF
MPTI
MPTI
Operating Cash FlowLast quarter
$-27.4M
$2.7M
Free Cash FlowOCF − Capex
$-29.9M
$2.3M
FCF MarginFCF / Revenue
-150.5%
16.4%
Capex IntensityCapex / Revenue
12.2%
2.4%
Cash ConversionOCF / Net Profit
0.78×
TTM Free Cash FlowTrailing 4 quarters
$-46.0M
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FF
FF
MPTI
MPTI
Q4 25
$-27.4M
$2.7M
Q3 25
$-1.1M
$3.5M
Q2 25
$5.2M
$2.9M
Q1 25
$-5.4M
$1.6M
Q4 24
$-16.6M
$1.8M
Q3 24
$25.8M
$2.3M
Q2 24
$27.8M
$2.0M
Q1 24
$-12.2M
$1.5M
Free Cash Flow
FF
FF
MPTI
MPTI
Q4 25
$-29.9M
$2.3M
Q3 25
$-6.5M
$2.7M
Q2 25
$-263.0K
$2.0M
Q1 25
$-9.4M
$1.0M
Q4 24
$-20.7M
$1.4M
Q3 24
$20.5M
$1.8M
Q2 24
$24.8M
$1.1M
Q1 24
$-14.5M
$1.4M
FCF Margin
FF
FF
MPTI
MPTI
Q4 25
-150.5%
16.4%
Q3 25
-28.5%
19.1%
Q2 25
-0.7%
15.4%
Q1 25
-53.6%
8.0%
Q4 24
-33.6%
10.8%
Q3 24
40.1%
13.4%
Q2 24
34.3%
9.2%
Q1 24
-24.9%
12.3%
Capex Intensity
FF
FF
MPTI
MPTI
Q4 25
12.2%
2.4%
Q3 25
23.5%
5.7%
Q2 25
15.3%
6.1%
Q1 25
22.8%
4.6%
Q4 24
6.6%
3.3%
Q3 24
10.4%
3.6%
Q2 24
4.1%
7.4%
Q1 24
3.9%
1.1%
Cash Conversion
FF
FF
MPTI
MPTI
Q4 25
0.78×
Q3 25
1.92×
Q2 25
1.83×
Q1 25
0.99×
Q4 24
-5.94×
0.85×
Q3 24
0.99×
Q2 24
2.90×
1.12×
Q1 24
-2.82×
1.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FF
FF

Chemicals$18.0M91%
Biofuels$1.8M9%

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

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