Flowco Holdings Inc. (FLOC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 11, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the FLOC SEC filings page.
Flowco Holdings Inc. (FLOC) reported $819.5M in revenue over the twelve months to Jun 30, 2026, up 7.7% from the prior twelve months. This page shows its 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).
Revenue and cash generation expanded sharply, but 2025 profit weakened as operating gains did not reach the bottom line.
In FY2025, operating cash flow of$294M far exceeded net income of$41M , so reported earnings understated the cash produced by operations. Free cash flow remained$167M after$127M of capital spending, showing that the cash surplus persisted even after reinvestment.
Revenue nearly tripled from FY2023 to FY2025, yet operating margin compressed from
Debt-to-equity fell from 1.8x in FY2023 to 0.7x in FY2025, indicating a materially less debt-dependent capital structure. The current ratio was 3.3x in FY2025, while return on assets was only
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Flowco Holdings 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.
Flowco Holdings 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 76/100, reflecting efficient cost management and pricing power. This is down from 21.8% the prior year.
Flowco Holdings Inc.'s revenue surged 41.9% year-over-year to $759.7M, reflecting rapid business expansion. This strong growth earns a score of 97/100.
Flowco Holdings Inc. has a moderate D/E ratio of 0.73. This balance of debt and equity financing earns a leverage score of 60/100.
With a current ratio of 3.34, Flowco Holdings Inc. holds $3.34 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 86/100.
Flowco Holdings Inc. converts 22.0% of revenue into free cash flow ($167.1M). This strong cash generation earns a score of 85/100.
Flowco Holdings 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 72/100.
Flowco Holdings Inc. scores 1.41, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Flowco Holdings Inc. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Flowco Holdings 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.
Flowco Holdings Inc. earns $7.87 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
Earnings & Revenue
Flowco Holdings Inc. generated $235.9M in revenue in Q2 2026. This represents an increase of 22.1% from the same quarter a year earlier. Against the prior quarter it is up 12.6%.
Flowco Holdings Inc.'s EBITDA was $90.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 28.9% from the same quarter a year earlier. Against the prior quarter it is up 16.5%.
Flowco Holdings Inc. reported $12.5M in net income in Q2 2026. This represents an increase of 128.8% from the same quarter a year earlier. Against the prior quarter it is up 68.2%.
Flowco Holdings Inc. earned $0.28 per diluted share (EPS) in Q2 2026. Against the prior quarter it is up 21.7%.
Cash & Balance Sheet
Flowco Holdings Inc. generated $49.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 7.2% from the same quarter a year earlier. Against the prior quarter it is down 4.9%.
Flowco Holdings Inc. held $19.2M in cash against $298.4M in long-term debt as of Q2 2026.
Flowco Holdings Inc. paid $0.09 per share in dividends in Q2 2026. Against the prior quarter it is up 12.5%.
Margins & Returns
Flowco Holdings Inc.'s gross margin was 53.6% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.1 percentage points.
Flowco Holdings Inc.'s operating margin was 17.5% in Q2 2026, reflecting core business profitability. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.2 percentage points.
Flowco Holdings Inc.'s net profit margin was 5.3% in Q2 2026, showing the share of revenue converted to profit. This is up 2.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.8 percentage points.
Flowco Holdings Inc.'s ROE was 3.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.
Capital Allocation
Flowco Holdings Inc. repurchased no shares in Q2 2026. Against the prior quarter it is down 100.0%.
Flowco Holdings Inc. invested $45.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 27.1% from the same quarter a year earlier. Against the prior quarter it is up 72.3%.
Not reported for Q2 2026.
FLOC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $235.9M+22.1% | $209.5M+8.9% | $197.2M+6.0% | $176.9M-6.6% | $193.2M+107.3% | $192.3M+188.3% | $186.0M | $189.4M |
| Cost of Revenue | $109.4M+21.3% | $95.0M+2.7% | $89.8M-1.8% | $74.2M-26.4% | $90.2M+103.5% | $92.4M+231.1% | $91.4M | $100.8M |
| Gross Profit | $126.4M+22.7% | $114.6M+14.7% | $107.4M+13.6% | $102.8M+16.0% | $103.0M+110.7% | $99.9M+157.5% | $94.6M | $88.6M |
| SG&A Expenses | $35.7M+9.1% | $36.5M+19.5% | $26.4M+0.5% | $29.0M+15.9% | $32.7M+386.6% | $30.5M+582.2% | $26.2M | $25.0M |
| Operating Income | $41.2M+11.0% | $36.3M+2.7% | $42.0M+23.8% | $34.6M+5.2% | $37.1M+34.0% | $35.3M+58.9% | $33.9M | $32.9M |
| EBITDA | $90.6M+28.9% | $77.8M+12.0% | $80.6M+18.0% | $73.5M+15.9% | $70.3M+67.7% | $69.4M+104.6% | $68.3M | $63.5M |
| Interest Expense | $5.6M-13.2% | $4.3M-19.0% | $4.4M-57.0% | $2.8M-76.8% | $6.4M+17.1% | $5.4M+11.6% | $10.2M | $11.9M |
| Income Tax | $4.6M+19.8% | $4.0M+52.2% | -$5.2M-1200.6% | -$2.2M-657.6% | $3.9M+2142.8% | $2.6M+1891.0% | $469K | $396K |
| Net Income | $12.5M+128.8% | $7.4M+20.6% | $17.2M-22.8% | $12.5M-39.4% | $5.5M-72.8% | $6.2M-64.1% | $22.3M | $20.6M |
| EPS (Basic) | $0.29+38.1% | $0.240.0% | $0.61 | $0.46 | $0.21 | $0.24 | N/A | N/A |
| EPS (Diluted) | $0.28 | $0.23-4.2% | $0.42 | $0.32 | $0.21 | $0.24 | N/A | N/A |
| Diluted Shares (Avg) | 44M | 33M+24.9% | N/A | 91M | 26M | 26M | N/A | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
FLOC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.9B+19.7% | $1.9B+18.2% | $1.6B+3.6% | $1.7B | $1.6B | $1.6B | $1.6B+305.3% | N/A |
| Current Assets | $370.7M+26.8% | $355.6M+19.8% | $260.2M-9.1% | $293.2M | $292.3M | $296.9M | $286.1M+264.2% | N/A |
| Cash & Equivalents | $19.2M+106.6% | $17.3M+2423.6% | $4.5M-2.0% | $7.2M-68.7% | $9.3M+83.8% | $687K-20.4% | $4.6M | $23.1M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $186.3M+23.5% | $186.0M+18.5% | $149.6M-1.1% | $159.3M | $150.8M | $157.0M | $151.2M+382.4% | N/A |
| Accounts Receivable | $145.5M+18.5% | $146.1M+8.8% | $100.5M-16.5% | $119.0M | $122.8M | $134.3M | $120.4M+171.1% | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $305.2M+22.2% | $305.2M+22.2% | $249.7M0.0% | $249.7M-6.7% | $249.7M+11127.2% | $249.7M+11127.2% | $249.7M+11127.2% | $267.5M |
| Total Liabilities | $1.6B+7.0% | $1.6B-21.0% | $1.4B-10.8% | $1.3B | $1.5B | $2.0B | $1.6B+515.1% | N/A |
| Current Liabilities | $138.8M+54.2% | $115.0M+33.5% | $78.0M-11.1% | $100.9M | $90.0M | $86.1M | $87.8M+397.9% | N/A |
| Non-Current Liabilities | $425.2M+111.4% | $439.0M+105.0% | $210.4M-68.2% | $264.0M | $201.1M | $214.1M | $662.0M+175.0% | N/A |
| Long-Term Debt | $298.4M+78.6% | $328.0M+81.2% | $167.8M-73.6% | $222.6M | $167.1M | $181.0M | $635.9M+170.3% | N/A |
| Total Equity | $365.1M+142.9% | $336.2M+190.8% | $228.6M | $371.0M | $150.3M | -$370.1M | $0-100.0% | N/A |
| Retained Earnings | $24.9M-83.4% | $0+100.0% | $187.9M | $339.1M | $150.3M | -$370.1M | $0-100.0% | N/A |
FLOC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $95.2M+15.9% | $78.7M+85.0% | $87.2M+40.2% | $82.5M+23.0% | $82.2M+274.6% | $42.5M+50.7% | $62.2M | $67.0M |
| Depreciation & Amortization | $49.4M+48.9% | $41.5M+21.6% | $38.6M+12.3% | $39.0M+27.4% | $33.2M+133.4% | $34.1M+191.3% | $34.4M | $30.6M |
| Stock-Based Compensation | $3.1M+1.5% | $3.1M-37.8% | N/A | N/A | $3.0M | $5.0M+29088.2% | N/A | N/A |
| Capital Expenditures | $45.5M+27.1% | $26.4M-5.3% | $24.0M-15.5% | $39.7M+14.6% | $35.8M+181.5% | $27.9M+88.5% | $28.4M | $34.6M |
| Free Cash Flow | $49.8M+7.2% | $52.3M+256.0% | $63.2M+87.1% | $42.8M+32.0% | $46.4M+402.7% | $14.7M+9.2% | $33.8M | $32.4M |
| Investing Cash Flow | -$45.6M-27.5% | -$188.3M-580.6% | -$24.1M+32.1% | -$112.2M-224.8% | -$35.8M-272.0% | -$27.7M-87.6% | -$35.5M | -$34.5M |
| Financing Cash Flow | -$47.7M-26.3% | $122.4M+750.5% | -$65.8M-45.7% | $27.7M+291.9% | -$37.8M-365.0% | -$18.8M-49.0% | -$45.2M | -$14.4M |
| Share Buybacks | $0 | $16.5M | $0 | $15.0M | $0 | $0 | $0 | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
FLOC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 53.6%+0.3pp | 54.7%+2.7pp | 54.5%+3.6pp | 58.1%+11.3pp | 53.3%+0.9pp | 51.9%-6.2pp | 50.9% | 46.8% |
| Operating Margin | 17.5%-1.7pp | 17.3%-1.0pp | 21.3%+3.0pp | 19.6%+2.2pp | 19.2%-10.5pp | 18.4%-15.0pp | 18.2% | 17.4% |
| Net Margin | 5.3%+2.5pp | 3.5%+0.3pp | 8.7%-3.3pp | 7.1%-3.8pp | 2.8%-18.7pp | 3.2%-22.6pp | 12.0% | 10.9% |
| Return on Equity | 3.4%-0.2pp | 2.2% | 7.5% | 3.4% | 3.6% | N/A | N/A | N/A |
| Return on Assets | 0.7%+0.3pp | 0.4%0.0pp | 1.1%-0.4pp | 0.7% | 0.3% | 0.4% | 1.4% | N/A |
| Current Ratio | 2.67-0.6x | 3.09-0.4x | 3.34+0.1x | 2.90 | 3.25 | 3.45 | 3.26-1.2x | N/A |
| Debt-to-Equity | 0.82-0.3x | 0.98 | 0.73 | 0.60 | 1.11 | N/A | N/A | N/A |
| Asset Turnover | 0.120.0x | 0.110.0x | 0.120.0x | 0.10 | 0.12 | 0.12 | 0.12 | N/A |
| FCF Margin | 21.1%-2.9pp | 25.0%+17.3pp | 32.0%+13.9pp | 24.2%+7.1pp | 24.0%+14.1pp | 7.6%-12.5pp | 18.2% | 17.1% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Flowco Holdings Inc. FLOC | FY2025 | $759.7M | $41.4M | 5.5% | $842.1M | 79/100 |
| Expro Ltd XPRO | FY2025 | $1.6B | $50.5M | 3.1% | $1.7B | 56/100 |
| Enerflex Ltd. EFXT | FY2025 | $2.6B | $64.0M | 2.5% | $2.9B | 43/100 |
| Liberty Energy Inc. LBRT | FY2025 | $4.0B | $147.9M | 3.7% | $3.2B | 44/100 |
| MRC GLOBAL INC. MRC | FY2024 | $3.0B | $55.0M | 1.8% | $1.2B | 50/100 |
| Innovex International, Inc. INVX | FY2025 | $978.3M | $83.3M | 8.5% | $1.9B | 73/100 |
Where Flowco Holdings Inc. Ranks
Frequently Asked Questions
What is Flowco Holdings Inc.'s annual revenue?
Flowco Holdings 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 Holdings Inc.'s revenue growing?
Flowco Holdings Inc. (FLOC) revenue grew by 41.9% year-over-year, from $535.3M to $759.7M in fiscal year 2025.
Is Flowco Holdings Inc. profitable?
Yes, Flowco Holdings Inc. (FLOC) reported a net income of $41.4M in fiscal year 2025, with a net profit margin of 5.5%.
What is Flowco Holdings Inc.'s EBITDA?
Flowco Holdings Inc. (FLOC) had EBITDA of $293.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Flowco Holdings Inc. have?
As of fiscal year 2025, Flowco Holdings Inc. (FLOC) had $4.5M in cash and equivalents against $167.8M in long-term debt.
What is Flowco Holdings Inc.'s gross margin?
Flowco Holdings 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 Holdings Inc.'s operating margin?
Flowco Holdings 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 Holdings Inc.'s net profit margin?
Flowco Holdings 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 Holdings Inc. pay dividends?
Yes, Flowco Holdings Inc. (FLOC) paid $0.08 per share in dividends during fiscal year 2025.
What is Flowco Holdings Inc.'s return on equity (ROE)?
Flowco Holdings 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 Holdings Inc.'s free cash flow?
Flowco Holdings 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 Holdings Inc.'s operating cash flow?
Flowco Holdings Inc. (FLOC) generated $294.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Flowco Holdings Inc.'s total assets?
Flowco Holdings Inc. (FLOC) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Flowco Holdings Inc.'s capital expenditures?
Flowco Holdings Inc. (FLOC) invested $127.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Flowco Holdings Inc.'s current ratio?
Flowco Holdings Inc. (FLOC) had a current ratio of 3.34 as of fiscal year 2025, which is generally considered healthy.
What is Flowco Holdings Inc.'s debt-to-equity ratio?
Flowco Holdings 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 Holdings Inc.'s return on assets (ROA)?
Flowco Holdings 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 Holdings Inc.'s P/E ratio?
Flowco Holdings Inc. (FLOC) trades at 16.9x earnings, its market capitalization divided by net income of $49.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $842.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Flowco Holdings Inc.'s price-to-sales ratio?
Flowco Holdings Inc. (FLOC) trades at 1.0x sales, its market capitalization divided by revenue of $819.5M revenue, trailing 12 months to June 30, 2026. The market capitalization is $842.1M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Flowco Holdings Inc.'s Altman Z-Score?
Flowco Holdings Inc. (FLOC) has an Altman Z-Score of 1.41, 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 Holdings Inc.'s Piotroski F-Score?
Flowco Holdings Inc. (FLOC) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 Holdings Inc.'s earnings high quality?
Flowco Holdings 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 Holdings Inc. cover its interest payments?
Flowco Holdings Inc. (FLOC) has an interest coverage ratio of 7.87x, 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 Holdings Inc.?
Flowco Holdings Inc. (FLOC) scores 79 out of 100 on our Financial Health Score, indicating strong standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.