|FLOC Overview
FLOC

Flowco Holdings Inc.

Industrials • CIK: 0002035149

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Market Cap
$500.47M
P/E (TTM)
7.7x
Rev Growth (TTM)
+41.9%
Net Margin (TTM)
0.0%
FCF Yield (TTM)
33.4%
FCF Margin (TTM)
22.0%

LATEST EARNINGS

Q4 FY2025
8 days ago
View source
Revenue
$197.21B
+6.0%
Net Income
$42.98B
+92.4%
EPS
$0.41
+28.1%
Operating
21.3% +3.0%
Net
21.8% +9.3%
  • Revenues of $197.2 million in Q4 2025, up from $176.9 million in Q3 2025, indicating sequential growth.
  • Full year 2025 revenues reached $759.7 million, a significant increase from $535.3 million in 2024.
  • Adjusted EBITDA margin of 42.4% in Q4 2025, an improvement from 39.7% in Q4 2024, reflecting strong operational leverage.
  • Net cash provided by operating activities of $87.2 million in Q4 2025, demonstrating healthy cash generation.

Cash Flow Health

Free Cash Flow8/8 positive
TTM$167M
Q4 '25
$63M+48%
Q3 '25
$43M-8%
FCF Margin
TTM22.0%
Q4 '2532.0%+32%
Sector: 5.4%Top 10%
OCF Margin38.7%
OCF/NI4490.22x
CapEx Coverage2.3x
FCF Yield33.4%
FCF Growth (2Y)
Cash Conversion Cycle
188 days
DSO: 58+DIO: 163DPO: 33

Capital Allocation & Returns

Total Shareholder YieldFY
FY0.0%
Div Yield0.0%
+
Buyback (FY)3.0%

Insufficient data

Dividend & Payout Metrics
Dividend Yield (TTM)0.0%
Free Cash Flow (TTM)$167.1M
Stock Repurchases (FY)$15.0M
Capital Return / FCF0.0%
Est. Dividends Paid (TTM)$0
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
9.7%
Volatile
-0.4% YoY-4384.2%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
19.1%
8Q: 19.4%
Asset Turnover
0.47x
8Q: 0.45x
Leverage (1+D/E)
1.73x
D/E: 0.73x
DuPont: 15.4%9.7% ROIC
Asset & CapEx Efficiency
Fixed Asset Turn
1.02x
8Q:
Invested Cap Turn
0.51x
8Q:0.69x
-14064.6%
CapEx Intensity
8.5%
8Q:11.8%
CapEx/Depreciation
0.88x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$759.7M
$197.2M11.5%
$176.9M8.4%
$193.2M0.4%
$192.3M3.4%
$186.0M1.8%
$189.4M103.2%
$93.2M39.7%
$66.7M
Operating Income
$149.0M
$42.0M21.3%
$34.6M6.8%
$37.1M5.1%
$35.3M4.1%
$33.9M3.1%
$32.9M18.7%
$27.7M24.6%
$22.2M
Net Income
$65.6K
$41.4K230.7%
$12.5K128.8%
$5.5K11.4%
$6.2K100.0%
$22.3M8.2%
$20.6M2.8%
$20.1M16.9%
$17.2M
Operating Cash Flow
$294.4M
$87.2M5.7%
$82.5M0.4%
$82.2M93.1%
$42.5M31.6%
$62.2M7.3%
$67.0M205.6%
$21.9M22.3%
$28.2M
Free Cash Flow
$167.1M
$63.2M47.6%
$42.8M7.8%
$46.4M215.7%
$14.7M56.5%
$33.8M4.1%
$32.4M251.3%
$9.2M31.4%
$13.5M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
7.7x
Valuation Lenses
Earnings
7.7x
vs sector
Cash Flow
4.4x
EV/FCF vs
Growth-Adj
0.2xPEG
Undervalued for growth
Quality-Adj
0.8P/E per %ROIC
ROIC: 9.7%
Shareholder Returns
Dividend
Buyback
Total Yield
Market Cap$500.47M
EV$738.17M
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
40/100
Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Below Avg
0.1%
8Q:
Return on Invested Capital (ROIC)Top 25%
9.7%
8Q:
-4384.2%
vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 19.1%
Asset Turnover: 0.47x

Earnings Quality

Cash Conversion

4490.22x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin54.4%

Capital Efficiency

Invested Capital Turnover0.51x

Working Capital

Cash Conversion Cycle188 days

Growth Quality & Momentum

Moderate Growth
Growth Quality Score
70/100
Growth 40%
Margins 30%
FCF 20%
Consistency 10%

Growth Rates

Revenue Growth YoY
41.9%
OpInc Growth YoY
23.8%
EPS Growth YoY
N/A
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

Low Quality
Profitability Cascade
Gross
54.4%
Operating
19.6%
Top 25% in sector
Net
0.0%
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
+22.0 pts
FCF: 22.0% | Net: 0.0%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $163.30M
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.73x
Balance sheet risk & solvency analysis