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Compare · FTEK vs MAIR

FTEK vs MAIR

Side-by-side comparison of Fuel Tech Inc. (FTEK) and Madison Air Solutions Corporation (MAIR): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both FTEK and MAIR operate in Pollution Control Equipment (Industrials), so they compete in similar markets.
  • MAIR is the larger of the two at $20.12B, about 474.7x FTEK ($42.4M).
  • Over the past year, FTEK is down 34.1% and MAIR is up 26.5% - MAIR leads by 60.7 points.
  • Both names hit the wire about 3 times in the past 4 weeks.
  • MAIR has more recent analyst coverage (10 ratings vs 1 for FTEK).
PerformanceFTEK+0.74%MAIR+26.54%
2026-04-16+0.00%2026-06-05
MetricFTEKMAIR
Company
Fuel Tech Inc.
Madison Air Solutions Corporation
Price
$1.37-6.80%
$40.19-7.29%
Market cap
$42.4M
$20.12B
1M return
-0.72%
+1.49%
1Y return
-34.13%
+26.54%
Industry
Pollution Control Equipment
Pollution Control Equipment
Exchange
NASDAQ
NYSE
IPO
2026
News (4w)
3
3
Recent ratings
1
10
FTEK

Fuel Tech Inc.

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction systems comprising ULNB, OFA, and SNCR components, as well as downsized SCR catalyst, ammonia injection grid, and graduated straightening grid systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; and flue gas conditioning systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university, and district heating markets; and the owners of boilers, furnaces, and other combustion units. The company was incorporated in 1987 and is headquartered in Warrenville, Illinois.

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