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Forensic Analysis · Machinery & Fabricated Metal Products · as of Nov 8, 2026

Flowco Holdings Inc. (FLOC)

A forensic read on Flowco Holdings Inc. built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.

C · Mixed — selective
Forensic grade
Grey Zone
Financial health
2.5
Distress distance
Clean
Earnings quality
1
Forensic signals
36.2%
ROE
41.9%
Revenue growth

This free snapshot doesn't read filing or proxy text, so the auditor-quality and governance checks that can lower a grade were not evaluated (auditor quality, say on pay, board independence, going concern). Those checks only ever lower a grade, so the full analysis can land below the grade above but never above it — treat it as the most favourable reading, not the settled one.

Flowco Holdings Inc. earns a C (Mixed — selective) forensic quality grade, and its balance-sheet distress test reads 2.5, placing it in the Grey zone. 1 forensic signal was flagged in its latest SEC filings, led by return on invested capital.

What the filings flag

8.8%
FY2025
Return on invested capital. Return on invested capital is 8.8% in the latest fiscal year, against 7.0% in FY2024. After-tax operating profit was $105M in FY2024 and $134M in FY2025, with operating income at 21.8% of revenue in FY2024 and 19.6% in FY2025. The capital base behind it went from $1.5B in FY2024 to $1.5B in FY2025 (+2%), while the revenue it carried went from $535M to $760M.

Key fundamentals

Latest Revenue$759.7M
Revenue Growth YoY+41.9%
Net Margin5.4%
Free Cash Flow$167.1M
Return on Equity36.2%
Debt / Equity0.73x

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Data from SEC EDGAR public filings · metrics as of Nov 8, 2026. Forensic signals flag probability, not certainty.

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