Flowco Holdings Inc. (FLOC) Balance Sheet
FLOC balance sheet, 2025
December 31, 2025 · U.S. dollars$1.65B assets = $288.4M liabilities + $1.36B equity
Both columns are drawn to the same scale: what FLOC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
FLOC financial health
Descriptive bands, not a rating. Fiscal 2025.
FLOC balance sheet trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $366.2M2022 | $1.65B2025 | +65.0%/yr | |
| Total liabilities | $238.1M2022 | $288.4M2025 | +6.6%/yr | |
| Shareholders’ equity | $128.1M2022 | $228.6M2025 | +21.3%/yr | |
| Cash & short-term investments | $02022 | $4.5M2025 | — | |
| Total debt | $223.2M2022 | $219.1M2025 | −0.6%/yr | |
| Net cash (debt) | −$223.2M2022 | −$214.6M2025 | +$8.5M | |
| Working capital | $39.9M2022 | $182.2M2025 | +$142.3M | |
| Book value per share | $1.522023 | $2.522025 | +28.7%/yr | |
| Current ratio | 3.392022 | 3.342025 | −0.05 | |
| Debt / equity | 1.742022 | 0.962025 | −0.78 | |
| Shares outstanding | 87.9M2023 | 90.7M2025 | +1.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
FLOC assets
FLOC liabilities and equity
FLOC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
FLOC balance sheet
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $4.5M | $4.6M | $0 | $0 |
| Cash & equivalents | $4.5M | $4.6M | $0 | $0 |
| Receivables | $100.5M | $120.4M | $44.4M | $27.8M |
| Inventory | $149.6M | $151.2M | $31.3M | $27.2M |
| Other current assets | $5.6M | $10.0M | $2.8M | $1.5M |
| Total current assets | $260.2M | $286.1M | $78.6M | $56.6M |
| Property, plant & equipment (net) | $841.0M | $744.0M | $300.0M | $294.1M |
| Goodwill & intangible assets | $523.1M | $552.2M | $13.5M | $15.6M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $22.1M | $6.6M | $0 | $0 |
| Total assets | $1.65B | $1.59B | $392.1M | $366.2M |
| Liabilities | ||||
| Accounts payable | $22.8M | $31.3M | $6.4M | $6.9M |
| Short-term debt | $20.9M | $14.6M | $2.4M | $1.7M |
| Deferred revenue | $7.4M | $8.0M | $1.5M | — |
| Total current liabilities | $78.0M | $87.8M | $17.6M | $16.7M |
| Long-term debt | $167.8M | $635.9M | $235.3M | $220.0M |
| Lease obligations | $41.5M | $40.8M | $7.8M | $3.1M |
| Other long-term liabilities | $42.6M | $26.1M | $5.4M | $1.4M |
| Total liabilities | $288.4M | $749.8M | $258.3M | $238.1M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $9,000 | — | — | — |
| Retained earnings (deficit) | $159.3M | −$53.0M | $97.3M | $39.2M |
| Accumulated other comprehensive income | — | $0 | — | $0 |
| Minority interest | $1.13B | — | — | — |
| Total shareholders' equity | $228.6M | $839.1M | $133.8M | $128.1M |
| Key figures | ||||
| Total debt | $219.1M | $676.7M | $243.1M | $223.2M |
| Net cash (debt) | −$214.6M | −$672.1M | −$243.1M | −$223.2M |
| Working capital | $182.2M | $198.3M | $60.9M | $39.9M |
| Tangible book value | −$294.5M | $286.9M | $120.3M | $112.5M |
| Book value per share | $2.52 | — | $1.52 | — |
| Shares outstanding | 90.7M | — | 87.9M | — |
| Current ratio | 3.34 | 3.26 | 4.46 | 3.39 |
| Quick ratio | 1.35 | 1.42 | 2.52 | 1.66 |
| Debt / equity | 0.96 | 0.81 | 1.82 | 1.74 |
| Equity / assets | 13.9% | 52.8% | 34.1% | 35.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $19.2M | $17.3M | $4.5M | $7.2M | $9.3M | $687,000 | $4.6M | $23.1M | $5.1M | $0 |
| Cash & equivalents | $19.2M | $17.3M | $4.5M | $7.2M | $9.3M | $687,000 | $4.6M | $23.1M | $5.1M | $0 |
| Receivables | $145.5M | $146.1M | $100.5M | $119.0M | $122.8M | $134.3M | $120.4M | $110.3M | $108.5M | $44.4M |
| Inventory | $186.3M | $186.0M | $149.6M | $159.3M | $150.8M | $157.0M | $151.2M | $169.1M | $180.3M | $31.3M |
| Other current assets | $19.7M | $6.2M | $5.6M | $7.7M | $9.4M | $5.0M | $10.0M | $6.4M | $8.3M | $2.8M |
| Total current assets | $370.7M | $355.6M | $260.2M | $293.2M | $292.3M | $296.9M | $286.1M | $309.0M | $302.1M | $78.6M |
| Property, plant & equipment (net) | $908.9M | $895.8M | $841.0M | $844.8M | $760.9M | $748.0M | $744.0M | $734.3M | $717.4M | $300.0M |
| Goodwill & intangible assets | $611.6M | $621.2M | $523.1M | $531.0M | $536.9M | $546.6M | $552.2M | $553.4M | $562.3M | $13.5M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $31.8M | $25.1M | $22.1M | $17.2M | $16.1M | $14.3M | $6.6M | $26.8M | $658,000 | $0 |
| Total assets | $1.92B | $1.90B | $1.65B | $1.69B | $1.61B | $1.61B | $1.59B | $1.62B | $1.58B | $392.1M |
| Liabilities | ||||||||||
| Accounts payable | $45.3M | $45.2M | $22.8M | $32.3M | $33.3M | $31.7M | $31.3M | $32.3M | $31.7M | $6.4M |
| Short-term debt | $21.6M | $21.4M | $20.9M | $20.5M | $20.5M | $19.7M | $14.6M | $15.6M | $14.2M | $2.4M |
| Deferred revenue | $18.9M | $16.7M | $7.4M | $12.9M | $6.2M | $7.8M | $8.0M | $6.2M | — | $1.5M |
| Total current liabilities | $138.8M | $115.0M | $78.0M | $100.9M | $90.0M | $86.1M | $87.8M | $90.2M | $81.5M | $17.6M |
| Long-term debt | $298.4M | $328.0M | $167.8M | $222.6M | $167.1M | $181.0M | $635.9M | $302.6M | $0 | $235.3M |
| Lease obligations | $43.7M | $39.9M | $41.5M | $42.1M | $42.1M | $40.3M | $40.8M | $39.3M | — | $7.8M |
| Other long-term liabilities | $126.8M | $111.0M | $42.6M | $41.4M | $34.1M | $33.1M | $26.1M | $34.2M | $505.6M | $5.4M |
| Total liabilities | $563.9M | $554.0M | $288.4M | $364.9M | $291.1M | $300.2M | $749.8M | $427.0M | $587.1M | $258.3M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | — | $9,000 | — | — |
| Retained earnings (deficit) | $24.9M | $0 | $159.3M | $315.4M | $132.2M | −$370.1M | −$53.0M | $0 | $134.5M | $97.3M |
| Accumulated other comprehensive income | — | $0 | — | — | — | — | $0 | — | — | — |
| Minority interest | $993.9M | $1.01B | $1.13B | $950.3M | $1.16B | — | — | — | — | — |
| Total shareholders' equity | $365.1M | $336.2M | $228.6M | $371.0M | $150.3M | −$370.1M | $839.1M | $299.5M | $995.3M | $133.8M |
| Key figures | ||||||||||
| Total debt | $342.1M | $367.9M | $219.1M | $264.7M | $209.1M | $221.3M | $676.7M | $341.9M | $519.8M | $243.1M |
| Net cash (debt) | −$323.0M | −$350.6M | −$214.6M | −$257.5M | −$199.8M | −$220.6M | −$672.1M | −$318.8M | −$514.7M | −$243.1M |
| Working capital | $231.9M | $240.7M | $182.2M | $192.2M | $202.3M | $210.8M | $198.3M | $218.8M | $220.6M | $60.9M |
| Tangible book value | −$246.5M | −$285.0M | −$294.5M | −$160.0M | −$386.5M | −$916.7M | $286.9M | −$253.9M | $433.0M | $120.3M |
| Book value per share | $8.30 | $10.28 | $2.54 | $13.52 | $5.84 | −$14.39 | $38.15 | $3.31 | $11.33 | $1.48 |
| Shares outstanding | 44.0M | 32.7M | 90.1M | 27.4M | 25.7M | 25.7M | 22.0M | 90.5M | 87.9M | 90.5M |
| Current ratio | 2.67 | 3.09 | 3.34 | 2.90 | 3.25 | 3.45 | 3.26 | 3.43 | 3.71 | 4.46 |
| Quick ratio | 1.19 | 1.42 | 1.35 | 1.25 | 1.47 | 1.57 | 1.42 | 1.48 | 1.39 | 2.52 |
| Debt / equity | 0.94 | 1.09 | 0.96 | 0.71 | 1.39 | — | 0.81 | 1.14 | 0.52 | 1.82 |
| Equity / assets | 19.0% | 17.7% | 13.9% | 22.0% | 9.4% | −23.0% | 52.8% | 18.4% | 62.9% | 34.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 26, 2026); data from EODHD.
FLOC financial position
At the end of fiscal 2025 (December 31, 2025), Flowco had total assets of $1.6 billion (up 3.6% from a year earlier), total liabilities of $288.4 million and shareholders' equity of $228.6 million. It held $4.5 million in cash and short-term investments against $219.1 million of debt, net debt of $214.6 million. Its current ratio was 3.34. In the latest quarter (ended June 30, 2026) total assets were $1.9 billion and equity $365.1 million.
Related: FLOC income statement, FLOC cash flow statement, FLOC key metrics. See the FLOC stock overview for the latest quote and news.
FLOC balance sheet FAQ
What are Flowco's total assets?
Flowco reported total assets of $1.6 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.6 billion a year earlier.
How much debt does Flowco have?
Flowco had $219.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.96.
How much cash does Flowco have?
Flowco held $4.5 million in cash and short-term investments at the end of fiscal 2025; with $219.1 million of debt that is net debt of $214.6 million.
What is Flowco's book value?
Flowco's shareholders' equity (book value) was $228.6 million at the end of fiscal 2025, or $2.52 per share.
What is Flowco's current ratio?
Flowco had current assets of $260.2 million and current liabilities of $78.0 million, a current ratio of 3.34 (it can cover its short-term obligations).
How much goodwill does Flowco have?
Flowco carried $523.1 million of goodwill and intangible assets, 31.8% of total assets, at the end of fiscal 2025.