What is FLOWCO HLDGS INC's earnings per share (EPS)?

FLOWCO HLDGS INC (FLOC) reported diluted earnings per share of $1.24 for fiscal year 2025. This represents a -88.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

FLOWCO HLDGS INC Financials

FLOC

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows FLOWCO HLDGS INC (FLOC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 4 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI FLOC FY2025 2026-05-06

FLOC’s depreciation-heavy model turns modest earnings into strong cash flow, then recycles it into capex and deleveraging.

By FY2025, free cash flow reached $167.1M even as net margin shrank to 5.5%, so reported profit is understating the cash this asset base generates. That cash appears to have funded balance-sheet repair: long-term debt fell from $635.9M in FY2024 to $167.8M in FY2025 instead of building a large cash pile.

The liquidity picture is stronger than the tiny cash balance suggests: despite only $4.5M of cash, FLOC carried a current ratio of 3.3x in FY2025. But that cushion sits mostly in inventory and receivables, at $149.6M and $100.5M, so working capital must keep turning rather than being parked in cash.

The margin story is less about product economics than about cost structure below gross profit: operating margin fell from 32.2% in FY2023 to 19.6% in FY2025. Because gross margin rebounded to 54.4% while SG&A climbed to $118.6M, the squeeze appears to come from overhead growth rather than a collapse in gross profitability.

Financial Health Signals

Financial Profile 77/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of FLOWCO HLDGS INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

FLOWCO HLDGS INC has an operating margin of 19.6%, meaning the company retains $20 of operating profit per $100 of revenue. This strong profitability earns a score of 73/100, reflecting efficient cost management and pricing power. This is down from 21.8% the prior year.

Growth

100

FLOWCO HLDGS INC's revenue surged 41.9% year-over-year to $759.7M, reflecting rapid business expansion. This strong growth earns a score of 100/100.

Leverage

FLOWCO HLDGS INC carries a low D/E ratio of 0.73, meaning only $0.73 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 3.34, FLOWCO HLDGS INC holds $3.34 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 65/100.

Cash Flow

FLOWCO HLDGS INC converts 22.0% of revenue into free cash flow ($167.1M). This strong cash generation earns a score of 73/100.

Returns

FLOWCO HLDGS INC earns a strong 18.1% return on equity (ROE), meaning it generates $18 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100.

Altman Z-Score Distress

1.52

FLOWCO HLDGS INC scores 1.52, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Piotroski F-Score Strong

7/9

FLOWCO HLDGS INC passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

7.11x

For every $1 of reported earnings, FLOWCO HLDGS INC generates $7.11 in operating cash flow ($294.4M OCF vs $41.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

7.9x

FLOWCO HLDGS INC earns $7.9 in operating income for every $1 of interest expense ($149.0M vs $18.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$759.7M

YoY+41.9%

FLOWCO HLDGS INC generated $759.7M in revenue in fiscal year 2025. This represents an increase of 41.9% from the prior year.

EBITDA

$293.9M

YoY+41.5%

FLOWCO HLDGS INC's EBITDA was $293.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.5% from the prior year.

Net Income

$41.4M

YoY-48.4%

FLOWCO HLDGS INC reported $41.4M in net income in fiscal year 2025. This represents a decrease of 48.4% from the prior year.

EPS (Diluted)

$1.24

YoY-88.1%

FLOWCO HLDGS INC earned $1.24 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 88.1% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$167.1M

YoY+88.0%

FLOWCO HLDGS INC generated $167.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 88.0% from the prior year.

Cash & Debt

$4.5M

YoY-2.0%

FLOWCO HLDGS INC held $4.5M in cash against $167.8M in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.08

FLOWCO HLDGS INC paid $0.08 per share in dividends in fiscal year 2025.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

54.4%

YoY+3.8pp

FLOWCO HLDGS INC's gross margin was 54.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.8 percentage points from the prior year.

Operating Margin

19.6%

YoY-2.2pp

FLOWCO HLDGS INC's operating margin was 19.6% in fiscal year 2025, reflecting core business profitability. This is down 2.2 percentage points from the prior year.

Net Margin

5.5%

YoY-9.5pp

FLOWCO HLDGS INC's net profit margin was 5.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 9.5 percentage points from the prior year.

Return on Equity

18.1%

FLOWCO HLDGS INC's ROE was 18.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$15.0M

FLOWCO HLDGS INC spent $15.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$127.3M

YoY+40.7%

FLOWCO HLDGS INC invested $127.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 40.7% from the prior year.

FLOC Income Statement

Metric	FY25	FY24	FY23	FY22
Revenue	$759.7M+41.9%	$535.3M+120.0%	$243.3M+63.7%	$148.6M
Cost of Revenue	$346.6M+31.1%	$264.4M+152.4%	$104.8M+88.9%	$55.5M
Gross Profit	$413.2M+52.5%	$270.9M+95.5%	$138.5M+48.8%	$93.1M
R&D Expenses	N/A	N/A	N/A	N/A
SG&A Expenses	$118.6M+89.9%	$62.5M+310.4%	$15.2M+7.4%	$14.2M
Operating Income	$149.0M+27.6%	$116.7M+49.0%	$78.3M+83.4%	$42.7M
Interest Expense	$18.9M-41.4%	$32.3M+70.6%	$19.0M+104.2%	$9.3M
Income Tax	-$842K-171.9%	$1.2M+209.0%	$379K+33.9%	$283K
Net Income	$41.4M-48.4%	$80.2M+38.1%	$58.1M+77.5%	$32.7M
EPS (Diluted)	$1.24-88.1%	$10.41-8.6%	$11.39-100.0%	$32729.00

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$209.5M+6.2%	$197.2M+11.5%	$176.9M-8.4%	$193.2M+0.4%	$192.3M+3.4%	$186.0M-1.8%	$189.4M+103.2%	$93.2M
Cost of Revenue	$95.0M+5.8%	$89.8M+21.0%	$74.2M-17.7%	$90.2M-2.4%	$92.4M+1.1%	$91.4M-9.3%	$100.8M+127.5%	$44.3M
Gross Profit	$114.6M+6.6%	$107.4M+4.6%	$102.8M-0.3%	$103.0M+3.1%	$99.9M+5.6%	$94.6M+6.8%	$88.6M+81.1%	$48.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$36.5M+38.3%	$26.4M-9.0%	$29.0M-11.3%	$32.7M+7.0%	$30.5M+16.3%	$26.2M+4.9%	$25.0M+272.4%	$6.7M
Operating Income	$36.3M-13.5%	$42.0M+21.3%	$34.6M-6.8%	$37.1M+5.1%	$35.3M+4.1%	$33.9M+3.1%	$32.9M+18.7%	$27.7M
Interest Expense	$4.3M-0.5%	$4.4M+58.6%	$2.8M-57.2%	$6.4M+20.1%	$5.4M-47.3%	$10.2M-14.2%	$11.9M+115.4%	$5.5M
Income Tax	$4.0M+178.1%	-$5.2M-133.8%	-$2.2M-156.9%	$3.9M+46.5%	$2.6M+464.6%	$469K+18.4%	$396K+128.9%	$173K
Net Income	$7.4M-56.8%	$17.2M+37.7%	$12.5M+128.8%	$5.5M-11.4%	$6.2M-72.4%	$22.3M+8.2%	$20.6M+2.8%	$20.1M
EPS (Diluted)	$0.23	N/A	$0.32+52.4%	$0.21-12.5%	$0.24	N/A	N/A	N/A

FLOC Balance Sheet

Metric	FY25	FY24	FY23	FY22
Total Assets	$1.6B+3.6%	$1.6B+305.3%	$392.1M	N/A
Current Assets	$260.2M-9.1%	$286.1M+264.2%	$78.6M	N/A
Cash & Equivalents	$4.5M-2.0%	$4.6M	$0	$0
Inventory	$149.6M-1.1%	$151.2M+382.4%	$31.3M	N/A
Accounts Receivable	$100.5M-16.5%	$120.4M+171.1%	$44.4M	N/A
Goodwill	$249.7M0.0%	$249.7M+11127.2%	$2.2M0.0%	$2.2M
Total Liabilities	$1.4B-10.8%	$1.6B+515.1%	$258.3M	N/A
Current Liabilities	$78.0M-11.1%	$87.8M+397.9%	$17.6M	N/A
Long-Term Debt	$167.8M-73.6%	$635.9M+170.3%	$235.3M	N/A
Total Equity	$228.6M	$0-100.0%	$133.8M	N/A
Retained Earnings	$159.3M	$0-100.0%	$97.3M	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$1.9B+15.3%	$1.6B-2.4%	$1.7B+5.0%	$1.6B0.0%	$1.6B+1.1%	$1.6B	N/A	N/A
Current Assets	$355.6M+36.7%	$260.2M-11.2%	$293.2M+0.3%	$292.3M-1.6%	$296.9M+3.8%	$286.1M	N/A	N/A
Cash & Equivalents	$17.3M+283.4%	$4.5M-37.5%	$7.2M-22.1%	$9.3M+1251.8%	$687K-85.1%	$4.6M-80.0%	$23.1M+357.5%	$5.1M
Inventory	$186.0M+24.3%	$149.6M-6.1%	$159.3M+5.6%	$150.8M-3.9%	$157.0M+3.8%	$151.2M	N/A	N/A
Accounts Receivable	$146.1M+45.4%	$100.5M-15.6%	$119.0M-3.1%	$122.8M-8.6%	$134.3M+11.6%	$120.4M	N/A	N/A
Goodwill	$305.2M+22.2%	$249.7M0.0%	$249.7M0.0%	$249.7M0.0%	$249.7M0.0%	$249.7M-6.7%	$267.5M+11929.0%	$2.2M
Total Liabilities	$1.6B+10.1%	$1.4B+7.8%	$1.3B-9.7%	$1.5B-26.3%	$2.0B+24.4%	$1.6B	N/A	N/A
Current Liabilities	$115.0M+47.4%	$78.0M-22.7%	$100.9M+12.2%	$90.0M+4.5%	$86.1M-1.9%	$87.8M	N/A	N/A
Long-Term Debt	$328.0M+95.4%	$167.8M-24.6%	$222.6M+33.3%	$167.1M-7.7%	$181.0M-71.5%	$635.9M	N/A	N/A
Total Equity	$336.2M+47.1%	$228.6M-38.4%	$371.0M+146.7%	$150.3M+140.6%	-$370.1M	$0	N/A	N/A
Retained Earnings	$0-100.0%	$159.3M-49.5%	$315.4M+138.5%	$132.2M+135.7%	-$370.1M	$0	N/A	N/A

FLOC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22
Operating Cash Flow	$294.4M+64.1%	$179.4M+119.1%	$81.9M+23.0%	$66.6M
Capital Expenditures	$127.3M+40.7%	$90.5M+108.0%	$43.5M-59.3%	$107.0M
Free Cash Flow	$167.1M+88.0%	$88.9M+131.8%	$38.3M+194.9%	-$40.4M
Investing Cash Flow	-$199.8M-111.5%	-$94.4M-121.3%	-$42.7M+60.1%	-$106.9M
Financing Cash Flow	-$94.7M-17.9%	-$80.3M-105.0%	-$39.2M-197.1%	$40.4M
Dividends Paid	N/A	N/A	N/A	N/A
Share Buybacks	$15.0M	$0	$0	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$78.7M-9.7%	$87.2M+5.7%	$82.5M+0.4%	$82.2M+93.1%	$42.5M-31.6%	$62.2M-7.3%	$67.0M+205.6%	$21.9M
Capital Expenditures	$26.4M+9.9%	$24.0M-39.5%	$39.7M+10.9%	$35.8M+28.4%	$27.9M-2.0%	$28.4M-17.9%	$34.6M+172.4%	$12.7M
Free Cash Flow	$52.3M-17.2%	$63.2M+47.6%	$42.8M-7.8%	$46.4M+215.7%	$14.7M-56.5%	$33.8M+4.1%	$32.4M+251.3%	$9.2M
Investing Cash Flow	-$188.3M-681.0%	-$24.1M+78.5%	-$112.2M-213.6%	-$35.8M-29.3%	-$27.7M+22.1%	-$35.5M-2.9%	-$34.5M-259.1%	-$9.6M
Financing Cash Flow	$122.4M+286.0%	-$65.8M-337.6%	$27.7M+173.2%	-$37.8M-100.9%	-$18.8M+58.3%	-$45.2M-213.0%	-$14.4M-77.5%	-$8.1M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$16.5M	$0	N/A	N/A	$0	$0	N/A	N/A

FLOC Financial Ratios

Metric	FY25	FY24	FY23	FY22
Gross Margin	54.4%+3.8pp	50.6%-6.3pp	56.9%-5.7pp	62.7%
Operating Margin	19.6%-2.2pp	21.8%-10.4pp	32.2%+3.5pp	28.7%
Net Margin	5.5%-9.5pp	15.0%-8.9pp	23.9%+1.8pp	22.0%
Return on Equity	18.1%	N/A	43.4%	N/A
Return on Assets	2.5%-2.5pp	5.1%-9.8pp	14.8%	N/A
Current Ratio	3.34+0.1	3.26-1.2	4.46	N/A
Debt-to-Equity	0.73	N/A	1.76	N/A
FCF Margin	22.0%+5.4pp	16.6%+0.9pp	15.8%+42.9pp	-27.2%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	54.7%+0.2pp	54.5%-3.6pp	58.1%+4.7pp	53.3%+1.4pp	51.9%+1.1pp	50.9%+4.1pp	46.8%-5.7pp	52.5%
Operating Margin	17.3%-4.0pp	21.3%+1.7pp	19.6%+0.3pp	19.2%+0.8pp	18.4%+0.1pp	18.2%+0.9pp	17.4%-12.4pp	29.7%
Net Margin	3.5%-5.2pp	8.7%+1.7pp	7.1%+4.2pp	2.8%-0.4pp	3.2%-8.8pp	12.0%+1.1pp	10.9%-10.7pp	21.6%
Return on Equity	2.2%-5.3pp	7.5%+4.2pp	3.4%-0.3pp	3.6%	N/A	N/A	N/A	N/A
Return on Assets	0.4%-0.7pp	1.1%+0.3pp	0.7%+0.4pp	0.3%-0.0pp	0.4%-1.0pp	1.4%	N/A	N/A
Current Ratio	3.09-0.2	3.34+0.4	2.90-0.3	3.25-0.2	3.45+0.2	3.26	N/A	N/A
Debt-to-Equity	0.98+0.2	0.73+0.1	0.60-0.5	1.11+1.6	-0.49	N/A	N/A	N/A
FCF Margin	25.0%-7.1pp	32.0%+7.8pp	24.2%+0.2pp	24.0%+16.4pp	7.6%-10.5pp	18.2%+1.0pp	17.1%+7.2pp	9.9%

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Frequently Asked Questions

What is FLOWCO HLDGS INC's annual revenue?

FLOWCO HLDGS INC (FLOC) reported $759.7M in total revenue for fiscal year 2025. This represents a 41.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is FLOWCO HLDGS INC's revenue growing?

FLOWCO HLDGS INC (FLOC) revenue grew by 41.9% year-over-year, from $535.3M to $759.7M in fiscal year 2025.

Is FLOWCO HLDGS INC profitable?

Yes, FLOWCO HLDGS INC (FLOC) reported a net income of $41.4M in fiscal year 2025, with a net profit margin of 5.5%.

What is FLOWCO HLDGS INC's EBITDA?

FLOWCO HLDGS INC (FLOC) had EBITDA of $293.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does FLOWCO HLDGS INC have?

As of fiscal year 2025, FLOWCO HLDGS INC (FLOC) had $4.5M in cash and equivalents against $167.8M in long-term debt.

What is FLOWCO HLDGS INC's gross margin?

FLOWCO HLDGS INC (FLOC) had a gross margin of 54.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is FLOWCO HLDGS INC's operating margin?

FLOWCO HLDGS INC (FLOC) had an operating margin of 19.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is FLOWCO HLDGS INC's net profit margin?

FLOWCO HLDGS INC (FLOC) had a net profit margin of 5.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does FLOWCO HLDGS INC pay dividends?

Yes, FLOWCO HLDGS INC (FLOC) paid $0.08 per share in dividends during fiscal year 2025.

What is FLOWCO HLDGS INC's return on equity (ROE)?

FLOWCO HLDGS INC (FLOC) has a return on equity of 18.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is FLOWCO HLDGS INC's free cash flow?

FLOWCO HLDGS INC (FLOC) generated $167.1M in free cash flow during fiscal year 2025. This represents a 88.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is FLOWCO HLDGS INC's operating cash flow?

FLOWCO HLDGS INC (FLOC) generated $294.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are FLOWCO HLDGS INC's total assets?

FLOWCO HLDGS INC (FLOC) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are FLOWCO HLDGS INC's capital expenditures?

FLOWCO HLDGS INC (FLOC) invested $127.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does FLOWCO HLDGS INC buy back shares?

Yes, FLOWCO HLDGS INC (FLOC) spent $15.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is FLOWCO HLDGS INC's current ratio?

FLOWCO HLDGS INC (FLOC) had a current ratio of 3.34 as of fiscal year 2025, which is generally considered healthy.

What is FLOWCO HLDGS INC's debt-to-equity ratio?

FLOWCO HLDGS INC (FLOC) had a debt-to-equity ratio of 0.73 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is FLOWCO HLDGS INC's return on assets (ROA)?

FLOWCO HLDGS INC (FLOC) had a return on assets of 2.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is FLOWCO HLDGS INC's Altman Z-Score?

FLOWCO HLDGS INC (FLOC) has an Altman Z-Score of 1.52, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is FLOWCO HLDGS INC's Piotroski F-Score?

FLOWCO HLDGS INC (FLOC) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are FLOWCO HLDGS INC's earnings high quality?

FLOWCO HLDGS INC (FLOC) has an earnings quality ratio of 7.11x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can FLOWCO HLDGS INC cover its interest payments?

FLOWCO HLDGS INC (FLOC) has an interest coverage ratio of 7.9x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is FLOWCO HLDGS INC?

FLOWCO HLDGS INC (FLOC) scores 77 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.