TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 192.4M
Gross Profit 65.8M 34.22%
Operating Income 35.3M 18.34%
Net Income 27.0M 14.06%
EPS (Diluted) $0.24

Balance Sheet Metrics

Total Assets 1.6B
Total Liabilities 300.2M
Shareholders Equity 1.3B
Debt to Equity 0.23

Cash Flow Metrics

Operating Cash Flow 48.1M
Free Cash Flow 14.7M

Revenue & Profitability Trend

Flowco Holdings Income Statement From 2022 to 2024

Metric202420232022
Revenue i535.3M243.3M148.6M
Cost of Goods Sold i355.3M148.6M91.7M
Gross Profit i180.0M94.7M56.9M
Gross Margin % i33.6%38.9%38.3%
Operating Expenses
Research & Development i---
Selling, General & Administrative i62.5M15.2M14.2M
Other Operating Expenses i---
Total Operating Expenses i62.5M15.2M14.2M
Operating Income i117.5M79.5M42.8M
Operating Margin % i22.0%32.7%28.8%
Non-Operating Items
Interest Income i---
Interest Expense i32.3M19.0M9.3M
Other Non-Operating Income-3.8M-2.1M-459.0K
Pre-tax Income i81.4M58.5M33.0M
Income Tax i1.2M379.0K283.0K
Effective Tax Rate % i1.4%0.6%0.9%
Net Income i80.2M58.1M32.7M
Net Margin % i15.0%23.9%22.0%
Key Metrics
EBITDA i210.0M122.9M78.8M
EPS (Basic) i$0.91$2.64$1.49
EPS (Diluted) i$0.91$0.66$0.37
Basic Shares Outstanding i878746622199399121993991
Diluted Shares Outstanding i878746622199399121993991

Income Statement Trend

Flowco Holdings Balance Sheet From 2022 to 2024

Metric202420232022
Assets
Current Assets
Cash & Equivalents i4.6M00
Short-term Investments i---
Accounts Receivable i120.4M44.4M27.8M
Inventory i151.2M31.3M27.2M
Other Current Assets10.0M2.8M1.5M
Total Current Assets i286.1M78.6M56.6M
Non-Current Assets
Property, Plant & Equipment i19.5M4.4M408.0K
Goodwill i801.9M15.7M17.8M
Intangible Assets i302.5M11.3M13.4M
Long-term Investments---
Other Non-Current Assets6.6M--
Total Non-Current Assets i1.3B313.5M309.6M
Total Assets i1.6B392.1M366.2M
Liabilities
Current Liabilities
Accounts Payable i31.3M6.4M6.9M
Short-term Debt i14.6M2.4M1.7M
Current Portion of Long-term Debt---
Other Current Liabilities---
Total Current Liabilities i87.8M17.6M16.7M
Non-Current Liabilities
Long-term Debt i662.0M240.7M221.4M
Deferred Tax Liabilities i---
Other Non-Current Liabilities---
Total Non-Current Liabilities i662.0M240.7M221.4M
Total Liabilities i749.8M258.3M238.1M
Equity
Common Stock i---
Retained Earnings i-53.0M97.3M39.2M
Treasury Stock i---
Other Equity---
Total Shareholders Equity i839.1M133.8M128.1M
Key Metrics
Total Debt i676.7M243.1M223.2M
Working Capital i198.3M60.9M39.9M

Balance Sheet Composition

Flowco Holdings Cash Flow Statement From 2022 to 2024

Metric202420232022
Operating Activities
Net Income i80.2M58.1M32.7M
Depreciation & Amortization i95.2M44.3M36.4M
Stock-Based Compensation i992.0K85.0K493.0K
Working Capital Changes i1.9M-24.5M-7.1M
Operating Cash Flow i178.1M78.4M62.9M
Investing Activities
Capital Expenditures i-90.3M-42.7M-106.9M
Acquisitions i-3.9M00
Investment Purchases i---
Investment Sales i---
Investing Cash Flow i-94.2M-42.7M-106.9M
Financing Activities
Share Repurchases i---
Dividends Paid i-230.5M-52.5M-37.0M
Debt Issuance i463.2M188.4M188.1M
Debt Repayment i-306.3M-175.0M-110.8M
Financing Cash Flow i-80.3M-39.2M39.2M
Free Cash Flow i88.7M38.3M-40.4M
Net Change in Cash i3.5M-3.5M-4.9M

Cash Flow Trend

Flowco Holdings Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 26.67
Forward P/E 9.84
Price to Book 2.74
Price to Sales 1.90
PEG Ratio -0.36

Profitability Ratios

Profit Margin 7.18%
Operating Margin 19.25%
Return on Equity 17.00%
Return on Assets 5.52%

Financial Health

Current Ratio 3.25
Debt to Equity 139.09

Per Share Data

EPS (TTM) $0.60
Book Value per Share $5.84
Revenue per Share $42.57

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
floc1.4B26.672.7417.00%7.18%139.09
Schlumberger Limited 49.7B11.402.2219.22%11.53%63.58
Baker Hughes Company 42.2B13.992.3818.36%11.04%33.77
Atlas Energy 1.9B93.421.091.20%1.20%43.46
Solaris Energy 1.9B46.462.798.91%5.05%70.26
Liberty Energy 1.8B8.400.8710.92%5.29%25.40

Financial data is updated regularly. All figures are in the company's reporting currency.