What is Flotek Industries's right-of-use assets?

Flotek Industries (FTK) reported right-of-use assets of $2.9M in Q1 2026.

What does right-of-use assets mean?

This represents the capitalized value of the lessee's right to use an underlying asset over the lease term, recognized under lease accounting standards. It reflects the long-term commitment to leased property, plant, or equipment and is essential for assessing a company's operational footprint and fixed-asset intensity. Investors use this to understand the scale of off-balance-sheet financing brought onto the balance sheet.

Flotek Industries FTK Right-of-use assets

Right-of-use assets at other companies

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AZZAZZ

$59.56M+130%

Janus International GroupJBI

$73.4M+24.2%

AtkoreATKR

$144.58M-11.6%

PBF EnergyPBF

$796.9M-6.5%

Bank of HawaiiBOH

$83.96M+4.0%

Other financials

Income statement

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Revenue$70.1M+26.5%

Gross profit$15.5M+24.8%

Operating income$7.6M+36.3%

Net income$4.7M-13.3%

EPS (diluted)$0.12-29.4%

Balance sheet

See full

Cash & equivalents$5.8M-9.0%

Total debt$46.9M+530%

Total equity$118.2M-1.3%

Total assets$231.8M+36.2%

Cash flow

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Operating cash flow$21.0K-99.7%

Valuation

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Market cap$791.2M+88.5%

Enterprise value$832.35M+97.8%

P/E26.5×-2.8×

P/S3.1×+1.1×

Profitability

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Gross margin25%+3.7pp

Operating margin10%+2.3pp

Net margin11.8%+4.7pp

FCF margin-8.2%—

Returns & leverage

See full

Return on equity25.1%+12.3pp

Debt / equity0.4×+0.3×

Current ratio1.8×-0.4×

Where this comes from

Reported directly by Flotek Industries in its filing.

Tagged under the XBRL concept ftk:RightOfUseAsset.

The official record: Flotek Industries’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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What is Flotek Industries's right-of-use assets?: Flotek Industries (FTK) reported right-of-use assets of $2.9M in Q1 2026.
What does right-of-use assets mean?: This represents the capitalized value of the lessee's right to use an underlying asset over the lease term, recognized under lease accounting standards. It reflects the long-term commitment to leased property, plant, or equipment and is essential for assessing a company's operational footprint and fixed-asset intensity. Investors use this to understand the scale of off-balance-sheet financing brought onto the balance sheet.