Flowco Holdings Inc. (FLOC)

NYSE · Common Stock · Oil & Gas Field Machinery & Equipment

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

Corporate structure

21 entities across 4 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-26 — see the exhibit.

Which other public companies file entities in the same places:

Subsidiaries of Flowco Holdings Inc. as disclosed in its SEC filing
Entity	Jurisdiction	Note
Estis Compression Management Inc.	Delaware
Estis Compression LLC	Delaware
Estis Intermediate Holdings LLC	Delaware
Estis Management LLC	Delaware
Flogistix, LP	Texas
Flogistix GP, LLC	Delaware
Flogistix Intermediate Holdings LLC	Delaware
Flogistix ULC	Canada
Flowco MasterCo LLC	Delaware
Flowco MergeCo LLC	Delaware
Flowco Production Solutions Canada Ltd.	Canada
Flowco Productions LLC	Delaware
FPS Logistics, L.L.C.	Texas
FPS Properties LLC	Texas
Gas Lift Production Solutions LLC	Texas
Industrial Valve Manufacturing LLC	Texas
McClung Energy Services, LLC	Texas
McClung Management LLC	Delaware
Patriot Artificial Lift LLC	Texas
SPM Completion Systems, LLC	Texas
Flogistix De Mexico, S.A. DE CV	Mexico

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 7

PASSReturn on assets positiveROA 2.5%
PASSOperating cash flow positiveOCF 294M
FAILReturn on assets improving5.1% → 2.5%
PASSCash flow exceeds earningsOCF 294M vs NI 41M
PASSLong-term debt ratio falling40.0% → 10.2% of assets
PASSCurrent ratio improving3.26 → 3.34
FAILNo share dilutionno data
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.34× → 0.46×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2023	$243.3M	$58.1M	$38.3M	—	—
FY2024	$535.3M	$80.2M	$88.9M	—	—
FY2025	$759.7M	$41.4M	$167.1M	—	90,673,021

Ownership flow

1 institutions tracked — 1 added, 0 reduced.

Institutional holders of Flowco Holdings Inc. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	893,759	+296,152	$19.1M

From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Dividend per share

2026Q2: $0.09
2026Q1: $0.08
2025Q3: $0.08
2025Q2: $0.08

Shares repurchased

2026Q1: $16.5M
2025Q1: $0

Identity

CIK: 0002035149
LEI: 529900837MXVPIR9FZ68
FIGI: BBG01R6F2N88
SIC: 3533 · Oil & Gas Field Machinery & Equipment
Headquarters: HOUSTON, TX

Ownership

Institutional: 100.9%
Institutions: 232
Insiders: 3.4%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Other oil & gas field machinery & equipment companies

Flowco Holdings Inc. files under SIC 3533 — all 10 oil & gas field machinery & equipment companies compared on assets and F-score.

NOV Inc.NOV Weatherford International plcWFRD DNOW Inc.DNOW Solaris Energy Infrastructure, Inc.SEI Cactus, Inc.WHD Innovex International, Inc.INVX

Questions about Flowco Holdings Inc.

How many subsidiaries does Flowco Holdings Inc. file with the SEC?: 21, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Texas, Canada, Mexico). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Flowco Holdings Inc. financially healthy?: Flowco Holdings Inc. scores 6 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Flowco Holdings Inc.?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.

Corporate structure

21 entities across 4 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-26 — see the exhibit.

Which other public companies file entities in the same places:

Delaware10 Texas8 Canada2 Mexico1

Entity

Jurisdiction

Note

Estis Compression Management Inc.

Delaware

Estis Compression LLC

Delaware

Estis Intermediate Holdings LLC

Delaware

Estis Management LLC

Delaware

Flogistix, LP

Texas

Flogistix GP, LLC

Delaware

Flogistix Intermediate Holdings LLC

Delaware

Flogistix ULC

Canada

Flowco MasterCo LLC

Delaware

Flowco MergeCo LLC

Delaware

Flowco Production Solutions Canada Ltd.

Canada

Flowco Productions LLC

Delaware

FPS Logistics, L.L.C.

Texas

FPS Properties LLC

Texas

Gas Lift Production Solutions LLC

Texas

Industrial Valve Manufacturing LLC

Texas

McClung Energy Services, LLC

Texas

McClung Management LLC

Delaware

Patriot Artificial Lift LLC

Texas

SPM Completion Systems, LLC

Texas

Flogistix De Mexico, S.A. DE CV

Mexico

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

6 / 7

PASSReturn on assets positiveROA 2.5%
PASSOperating cash flow positiveOCF 294M
FAILReturn on assets improving5.1% → 2.5%
PASSCash flow exceeds earningsOCF 294M vs NI 41M
PASSLong-term debt ratio falling40.0% → 10.2% of assets
PASSCurrent ratio improving3.26 → 3.34
FAILNo share dilutionno data
FAILGross margin improvingno gross profit reported
PASSAsset turnover improving0.34× → 0.46×

Year

Revenue

Net income

Free cash flow

Gross margin

FY2023

$243.3M

$58.1M

$38.3M

—

FY2024

$535.3M

$80.2M

$88.9M

—

FY2025

$759.7M

$41.4M

$167.1M

—

90,673,021

Ownership flow

1 institutions tracked — 1 added, 0 reduced.

Institutional holders of Flowco Holdings Inc. and their share-count change
Manager	Kind	Shares	Change	Value
GEODE CAPITAL MANAGEMENT, LLC	Index	893,759	+296,152	$19.1M

Questions about Flowco Holdings Inc.

How many subsidiaries does Flowco Holdings Inc. file with the SEC?

21, listed in its most recent exhibit 21. They are incorporated across 4 jurisdictions (Delaware, Texas, Canada, Mexico). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Flowco Holdings Inc. financially healthy?

Flowco Holdings Inc. scores 6 out of 7 on the Piotroski F-score. Only 7 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Flowco Holdings Inc.?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.