Latest Ratios: P/E Ratio 42.0x · EV/EBITDA 2.9x · ROE 3.8%. (2022–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Market Cap | $632M | $1.7B | — | — | — |
| Enterprise Value | $846M | $1.9B | — | — | — |
| P/E Ratio → | 41.98 | 40.74 | — | — | — |
| P/S Ratio | 0.83 | 2.24 | — | — | — |
| P/B Ratio | 1.29 | 1.25 | — | — | — |
| P/FCF | 3.78 | 10.17 | — | — | — |
| P/OCF | 2.15 | 5.77 | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| EV / Revenue | — | 2.52 | — | — | — |
| EV / EBITDA | 2.88 | 6.51 | — | — | — |
| EV / EBIT | 5.68 | 12.78 | — | — | — |
| EV / FCF | — | 11.45 | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Gross Margin | 34.0% | 34.0% | 33.6% | 38.9% | 38.3% |
| Operating Margin | 19.6% | 19.6% | 21.8% | 32.2% | 28.7% |
| Net Profit Margin | 5.4% | 5.4% | 15.0% | 23.9% | 22.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| ROE | 3.8% | 3.8% | 16.5% | 44.4% | 25.6% |
| ROA | 2.6% | 2.6% | 8.1% | 15.3% | 8.9% |
| ROIC | 7.2% | 7.2% | 9.3% | 16.1% | 9.1% |
| ROCE | 9.7% | 9.7% | 12.4% | 21.6% | 12.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Debt / Equity | 0.16 | 0.16 | 0.81 | 1.82 | 1.74 |
| Debt / EBITDA | 0.75 | 0.75 | 3.19 | 1.98 | 2.82 |
| Net Debt / Equity | — | 0.16 | 0.80 | 1.82 | 1.74 |
| Net Debt / EBITDA | 0.73 | 0.73 | 3.17 | 1.98 | 2.82 |
| Debt / FCF | — | 1.28 | 7.58 | 6.34 | — |
| Interest Coverage | 7.91 | 7.91 | 3.52 | 4.08 | 4.56 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Current Ratio | 3.34 | 3.34 | 3.26 | 4.46 | 3.39 |
| Quick Ratio | 1.42 | 1.42 | 1.54 | 2.68 | 1.76 |
| Cash Ratio | 0.06 | 0.06 | 0.05 | — | — |
| Asset Turnover | — | 0.46 | 0.34 | 0.62 | 0.41 |
| Inventory Turnover | 3.35 | 3.35 | 2.35 | 4.74 | 3.37 |
| Days Sales Outstanding | — | 48.27 | 82.07 | 66.60 | 68.34 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Dividend Yield | 2.0% | 2.1% | — | — | — |
| Payout Ratio | 85.2% | 85.2% | 287.2% | 90.4% | 113.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 2.5% | — | — | — |
| FCF Yield | 26.4% | 9.8% | — | — | — |
| Buyback Yield | 2.4% | 0.9% | — | — | — |
| Total Shareholder Yield | 4.4% | 3.0% | — | — | — |
| Shares Outstanding | — | $91M | $8M | $88M | $5M |
Liquidity and margin volatility
According to current market data, FLOC trades at a trailing P/E of 47.39, which appears to price in aggressive future growth that contrasts sharply with the company's recent history of erratic net income and significant margin compression observed in quarterly filings.
The forward P/E of 13.80 suggests that investors are banking on a rapid normalization of earnings, yet this valuation assumes a level of operational consistency that the company has not yet demonstrated. Compared to peers like NCSM, which trades at a much lower multiple, FLOC's valuation appears to be driven by speculative growth expectations rather than a proven track record of bottom-line compounding.
Based on reported financial statements, FLOC's ROIC has struggled to maintain momentum, hovering in the low single digits and peaking at only 2.5% in 2024Q2, which suggests that the company is failing to generate meaningful returns on its heavy investment in artificial lift infrastructure.
The persistent gap between invested capital and returns indicates that the company's aggressive expansion into the Permian Basin is not yet yielding the expected economic profit. Investors should monitor whether the recent $161.8M acquisition further dilutes these returns or if it provides the necessary scale to finally drive ROIC above the company's cost of capital.
As reported in recent quarterly data, the company's cash conversion cycle has shown extreme volatility, reaching a high of 337 days in 2024Q2, which suggests significant friction in collecting receivables and managing inventory relative to its peers in the oilfield services sector.
The inability to maintain a stable CCC implies that FLOC is effectively financing its customers' operations, which is particularly concerning given the company's thin cash position. This inefficiency appears to be a structural drag on liquidity, forcing the firm to rely on external capital or aggressive reinvestment to sustain its day-to-day operations.
Based on the most recent balance sheet disclosures, FLOC maintains a cash balance of only $4.5M against $759M in revenue, a ratio that appears dangerously low for an industrial firm operating in the highly cyclical and capital-intensive U.S. onshore energy market.
While the current ratio of 3.34 suggests adequate short-term coverage, the reliance on inventory and receivables to meet obligations leaves the company vulnerable to any sudden slowdown in E&P spending. This liquidity profile warrants close investigation, as any disruption in the collection cycle could quickly lead to a solvency crisis.
As indicated by financial analysis, the market frequently cites FLOC's low 0.16 debt-to-equity ratio as a sign of financial strength, yet this metric obscures the company's underlying operational fragility and its extreme sensitivity to non-operating accounting adjustments and goodwill impairments.
Investors should instead focus on the cash-to-revenue ratio and the volatility of free cash flow, which provide a more accurate picture of the company's ability to survive a downturn. The low debt level is less a strategic choice and more a reflection of the company's unstable equity base, which makes traditional leverage ratios misleading for assessing true financial risk.
Includes 30+ ratios · 4 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying FLOC stock.
Flowco Holdings Inc.'s current P/E ratio is 42.0x. The historical average is 40.7x. This places it at the 100th percentile of its historical range.
Flowco Holdings Inc.'s current EV/EBITDA is 2.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.5x.
Flowco Holdings Inc.'s return on equity (ROE) is 3.8%. The historical average is 22.5%.
Based on historical data, Flowco Holdings Inc. is trading at a P/E of 42.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Flowco Holdings Inc.'s current dividend yield is 2.01% with a payout ratio of 85.2%.
Flowco Holdings Inc. has 34.0% gross margin and 19.6% operating margin. Operating margin between 10-20% is typical for established companies.
Flowco Holdings Inc.'s Debt/EBITDA ratio is 0.7x, indicating low leverage. A ratio below 2x is generally considered financially healthy.