# Flowco Holdings (FLOC.US)

Canonical: https://gigainvestors.com/s/FLOC

Analysis as of: 2026-10-16T07:28:33.698Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $18.33 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Matthew McLennan](https://gigainvestors.com/FE): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 35% since Jan 2025 · "Flowco’s (FLOC) Growth Story Runs Into a Cost Problem" (finance.yahoo.com, Aug 2026)

Story as of 2026-10-16T09:58:46.070Z; price observation 2026-10-15.

- 2026-02-11: Flowco (FLOC) Enters into Agreement to Acquire Valiant Artificial Lift ([finance.yahoo.com](https://finance.yahoo.com/news/flowco-floc-enters-agreement-acquire-191323252.html))

- 2026-04-20: Surging Earnings Estimates Signal Upside for Flowco Holdings Inc. (FLOC) Stock ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/surging-earnings-estimates-signal-upside-162001975.html))

- 2026-08-20: Flowco’s (FLOC) Growth Story Runs Into a Cost Problem ([finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/flowco-floc-growth-story-runs-074816822.html))

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in oil & gas equipment & services; annual sales are USD 759.7 million.

- Source: https://www.sec.gov/Archives/edgar/data/2035149/000119312526077219/floc-20251231.htm (filed 2026-02-26); FY2025: revenue 759719000; grossProfit 268331000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); FLOC.US: Flowco Holdings Inc., through its subsidiaries, provides production optimization, artificial lift, and emissions management and monetization solutions for the oil and natural gas industry in the United States. The company operates in two segments, Production Solutions and Natural Gas Technologies. The company involves in the renting, servicing, and sale of high-pressure gas lifts, conventional gas lifts, and plunger lifts; and manufacture and installation of methane abatement technologies that allow producers to reduce methane emissions associated with their wellsite operations, as well as offers digital solutions. It also manufactures, rents, services, and sells vapor recovery unit systems; and manufactures natural gas systems. Flowco Holdings Inc. was incorporated in 2024 and is headquartered in Houston, Texas.

### Why customers stay

Margins ranged from 33.6% to 38.9% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2023: grossProfit / revenue = 38.9%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2024: grossProfit / revenue = 33.6%.

- Source: https://www.sec.gov/Archives/edgar/data/2035149/000119312526077219/floc-20251231.htm (filed 2026-02-26); FY2025: grossProfit / revenue = 35.3%.

### Where the cash goes

Paid dividends in 3 of 3 years; bought back USD 15 million of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2023: growth capex 0; upkeep 43514000; owner earnings 58905000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); FY2024: growth capex 0; upkeep 90687000; owner earnings 84750000. Growth capex / owner earnings = 0.

- Source: https://www.sec.gov/Archives/edgar/data/2035149/000119312526077219/floc-20251231.htm (filed 2026-02-26); FY2025: growth capex 0; upkeep 127287000; owner earnings 50006821.87535604. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Dividend observations: [[2023,52500000],[2024,230513000],[2025,35267000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/2035149/000119312526077219/floc-20251231.htm (filed 2026-02-26); FY2025: cash repurchases 15000000 USD.

### Are managers owners

Insiders own 3.4% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-15); FLOC.US SharesStats.PercentInsiders = 3.385 percentage points; cache date 2026-10-15.

### What the price says

The price is 2.2 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-02-26); Closing price 18.33 USD; reporting-to-trading FX 1; FY2025 annual sales per share 8.378666461328116; price multiple 2.187698971501305. FY2025 cash earnings/share 0.5515071773703893. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-01: $28.00 per share

- 2025-02: $25.80 per share

- 2025-03: $25.65 per share

- 2025-04: $19.32 per share

- 2025-05: $17.21 per share

- 2025-06: $17.81 per share

- 2025-07: $18.70 per share

- 2025-08: $16.32 per share

- 2025-09: $14.85 per share

- 2025-10: $16.20 per share

- 2025-11: $16.97 per share

- 2025-12: $18.74 per share

- 2026-01: $20.90 per share

- 2026-02: $22.56 per share

- 2026-03: $20.60 per share

- 2026-04: $24.83 per share

- 2026-05: $23.39 per share

- 2026-06: $21.34 per share

- 2026-07: $20.45 per share

- 2026-08: $21.94 per share

- 2026-09: $18.10 per share

- 2026-10: $18.33 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/2035149/000119312526077219/floc-20251231.htm); period 2025-12-31, filed 2026-02-26.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.