Flowco Holdings Inc. (FLOC) vs Flotek Industries, Inc. (FTK)

Flowco Holdings Inc. and Flotek Industries, Inc. are both Oil & Gas Equipment & Services companies. Flowco Holdings Inc. is the larger, with a market value of $1.7B against $985.9M — 1.8× the size. Flowco Holdings Inc. trades at the lower P/E: 12.1× against 25.4×. Flotek Industries, Inc. grew revenue faster over the last twelve months: 36.8% against 7.70%. Flotek Industries, Inc. has the higher net margin (13.0% vs 6.07%) and the lower return on invested capital (13.4% vs 14.7%). Across the 19 metrics below, Flowco Holdings Inc. leads on 13 and Flotek Industries, Inc. on 6.

Valuation

Metric FLOC FTK Oil & Gas Equipment & Services median
P/E 12.09 25.44 24.02
P/S 1.02 3.33 1.20
P/B 2.28 7.55 2.01
Price to free cash flow 6.14 n/m 14.44
EV/EBITDA 3.35 21.05 8.72
EV/Sales 1.37 3.48 1.37
Earnings yield 8.27% 3.93% 3.61%
Free cash flow yield 16.28% (0.42%) 5.67%

Profitability

Metric FLOC FTK Oil & Gas Equipment & Services median
Gross margin 55.06% 24.68% 23.26%
Operating margin 18.80% 12.82% 9.34%
Net margin 6.07% 12.97% 4.69%
Free cash flow margin 16.56% (1.40%) 5.35%
Return on equity 19.29% 37.80% 4.92%
Return on assets 2.82% 17.26% 2.37%
Return on invested capital 14.74% 13.43% 4.32%

Growth

Metric FLOC FTK Oil & Gas Equipment & Services median
Revenue growth (TTM) 7.70% 36.77% 6.08%
EPS growth (last fiscal year) (88.09%) 147.06% (13.00%)
Revenue growth, 5-year CAGR — 34.88% 14.44%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric FLOC FTK Oil & Gas Equipment & Services median
Debt to equity 0.84 0.39 0.46
Current ratio 2.67 1.78 2.07
Net debt to EBITDA 0.57 1.18 0.75

Dividend

Metric FLOC FTK Oil & Gas Equipment & Services median
Dividend yield 1.75% — 1.41%
Payout ratio 0.27 — 0.38

Size

Metric FLOC FTK Oil & Gas Equipment & Services median
Market cap 1.73b 985.92m 1.77b

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