Is the business good?
How good a business is FLOC?
Flowco Holdings Inc. earns 18% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
18%
Return on invested capital · cost of capital 9.0% · 9.3 points above what the capital costs: growth creates value
- Operating margin
- 19%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q1 2026
- Cash conversion
- 1.55×
Cash conversion · 1.00× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- +25%
Share count, year on year · shareholders own a smaller slice than a year ago
| Year | Operating margin |
|---|---|
| FY2022 | 29% |
| FY2023 | 32% |
| FY2024 | 22% |
| FY2025 | 20% |
Details›
- Gross margin12 months to Q1 2026
- 55%
- Operating margin12 months to Q1 2026
- 19%
- Net margin12 months to Q1 2026
- 17%
- Free cash flow margin
- 26%
- Revenue, trailing twelve months
- $777M
- Free cash flow, trailing twelve months
- $205M
- Net income, trailing twelve months
- $132M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 18%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Equipment & Services
Ranks #19 of 27 by Smart Score