Flowco Holdings Inc. (FLOC) Stock

Flowco Holdings Inc. (FLOC) is a Industrials stock trading at $22.69 (as of 2026-08-20), with a market capitalization of $997.70M and a trailing P/E of 20.1. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Flowco Holdings Inc. is a holding company with operations carried out by its subsidiaries in the oil and natural gas sector. Its activities focus on solutions related to production optimization, artificial lift, and methane abatement.

Understand Flowco Holdings Inc.: how it makes money

Flowco Holdings is a holding company that, through subsidiaries, provides production optimization and artificial lift solutions, as well as methane abatement solutions for the oil and natural gas industry, and it earns revenue from production solutions and natural gas technologies plus rental activity.

A key driver of Flowco’s profit model is monetizing its deployed system footprint, tracked by Active Systems, through ongoing revenue from production solutions and natural gas technologies (with additional revenue also coming from rentals).

Revenue by segment (latest quarter)
Production	$0.1B
Natural Gas Tech	$0.1B

Business quality (Mixed): Useful snapshot on revenue mix and operating scale (Active Systems, Customers), but the segment breakdown provided is not perfectly additive to total revenue, and no further segment definitions or customer concentration details are included.

Valuation: At 18× earnings, FLOC trades 47% below the Machinery average (34×). Note: one-time items can distort reported P/E.

Bull case

Diversified offering within oil and gas: The company operates in production optimization, artificial lift, and methane abatement solutions, which supports multiple solution categories for generating revenue.
Measurable deployed footprint: The presence of an operating metric, Active Systems, alongside Customers, suggests investors can track the scale of the installed base that supports revenue generation.
Healthy profitability snapshot: For the quarter ended 2026-03-31, gross margin was 54.7% and operating margin was 17.3% (as provided).

Bear case

Rental revenue dependence (cyclical exposure): Rental revenue is part of the revenue picture, and rental-driven businesses can be exposed to changes in customer demand and utilization levels.
Segment reporting complexity: The provided segment revenue figures are not clearly additive to total revenue, which makes it harder to precisely attribute performance drivers across segments.
Oil and natural gas end-market risk: Because the company serves the oil and natural gas industry, results may be sensitive to conditions in that industry, including customer spending decisions.

Valuation — source: SEC EDGAR (first-party)
Price	$22.69
Market Cap	$997.70M
P/E Ratio	20.1
EV / EBITDA	4.0
Price / Book	2.73
Price / Sales	1.22
FCF Yield	20.9%
DCF Value (model)	$17.75
DCF Upside vs Price	-21.8%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$759.72M
Net Margin	5.4%
Revenue Growth (YoY)	22.1%
EPS Growth (YoY)	38.1%
FCF Growth (YoY)	7.2%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.90 (grey)

Valuation vs Sector & Industry
Stock P/E	20.1
Sector P/E (Industrials)	25.9
Industry P/E (Machinery)	32.3
vs Sector	-22.5%
vs Industry	-37.9%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	FMR LLC ($92.89M)
Institutional Holders Tracked	10

Company
Sector	Industrials
Industry	Machinery
CEO	Joseph Robert Edwards
Employees	1,283
Country	US
IPO Date	2025-01-16

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.