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Side-by-side financial comparison of First Foundation Inc. (FFWM) and Flowco Holdings Inc. (FLOC). Click either name above to swap in a different company.

Flowco Holdings Inc. is the larger business by last-quarter revenue ($85.6M vs $48.4M, roughly 1.8× First Foundation Inc.). Flowco Holdings Inc. runs the higher net margin — 20.1% vs -97.9%, a 118.0% gap on every dollar of revenue. Flowco Holdings Inc. produced more free cash flow last quarter ($63.2M vs $-35.2M).

John B. Lacson Colleges Foundation (Bacolod), Inc. is a private maritime college in Bacolod, Negros Occidental, Philippines.

Flowco Holdings Inc. designs, manufactures and distributes specialized flow control products including industrial valves, actuation systems and custom flow management components. It serves core segments of oil and gas production, industrial manufacturing, water treatment and public infrastructure, with primary markets across North America and select European regions.

FFWM vs FLOC — Head-to-Head

Bigger by revenue
FLOC
FLOC
1.8× larger
FLOC
$85.6M
$48.4M
FFWM
Higher net margin
FLOC
FLOC
118.0% more per $
FLOC
20.1%
-97.9%
FFWM
More free cash flow
FLOC
FLOC
$98.4M more FCF
FLOC
$63.2M
$-35.2M
FFWM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FFWM
FFWM
FLOC
FLOC
Revenue
$48.4M
$85.6M
Net Profit
$-8.0M
$17.2M
Gross Margin
-4.8%
Operating Margin
-97.5%
49.0%
Net Margin
-97.9%
20.1%
Revenue YoY
421.7%
Net Profit YoY
43.0%
EPS (diluted)
$-0.09
$0.47

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FFWM
FFWM
FLOC
FLOC
Q4 25
$48.4M
$85.6M
Q3 25
$63.6M
$70.0M
Q2 25
$51.4M
$91.1M
Q1 25
$71.4M
$95.1M
Q4 24
$9.3M
Q3 24
$9.2M
Q2 24
$57.5M
Q1 24
$51.1M
Net Profit
FFWM
FFWM
FLOC
FLOC
Q4 25
$-8.0M
$17.2M
Q3 25
$-146.3M
$12.5M
Q2 25
$-7.7M
$5.5M
Q1 25
$6.9M
$6.2M
Q4 24
$-14.1M
Q3 24
$-82.2M
Q2 24
$3.1M
Q1 24
$793.0K
Gross Margin
FFWM
FFWM
FLOC
FLOC
Q4 25
-4.8%
Q3 25
-6.0%
Q2 25
1.0%
Q1 25
2.8%
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
FFWM
FFWM
FLOC
FLOC
Q4 25
-97.5%
49.0%
Q3 25
-92.7%
49.4%
Q2 25
-21.1%
40.7%
Q1 25
8.8%
37.2%
Q4 24
-247.7%
Q3 24
-1276.7%
Q2 24
4.6%
Q1 24
-0.2%
Net Margin
FFWM
FFWM
FLOC
FLOC
Q4 25
-97.9%
20.1%
Q3 25
-230.1%
17.9%
Q2 25
-15.0%
6.0%
Q1 25
9.7%
6.5%
Q4 24
-152.2%
Q3 24
-896.9%
Q2 24
5.4%
Q1 24
1.6%
EPS (diluted)
FFWM
FFWM
FLOC
FLOC
Q4 25
$-0.09
$0.47
Q3 25
$-1.78
$0.32
Q2 25
$-0.09
$0.21
Q1 25
$0.08
$0.24
Q4 24
$-0.24
Q3 24
$-1.23
Q2 24
$0.05
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FFWM
FFWM
FLOC
FLOC
Cash + ST InvestmentsLiquidity on hand
$1.6B
$4.5M
Total DebtLower is stronger
$167.8M
Stockholders' EquityBook value
$912.6M
$228.6M
Total Assets
$11.9B
$1.6B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FFWM
FFWM
FLOC
FLOC
Q4 25
$1.6B
$4.5M
Q3 25
$1.7B
$7.2M
Q2 25
$1.1B
$9.3M
Q1 25
$1.0B
$687.0K
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.4B
Q1 24
$1.6B
Total Debt
FFWM
FFWM
FLOC
FLOC
Q4 25
$167.8M
Q3 25
$222.6M
Q2 25
$167.1M
Q1 25
$181.0M
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FFWM
FFWM
FLOC
FLOC
Q4 25
$912.6M
$228.6M
Q3 25
$917.9M
$371.0M
Q2 25
$1.1B
$150.3M
Q1 25
$1.1B
$-370.1M
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$933.2M
Q1 24
$928.7M
Total Assets
FFWM
FFWM
FLOC
FLOC
Q4 25
$11.9B
$1.6B
Q3 25
$11.9B
$1.7B
Q2 25
$11.6B
$1.6B
Q1 25
$12.6B
$1.6B
Q4 24
$12.6B
Q3 24
$13.4B
Q2 24
$13.7B
Q1 24
$13.6B
Debt / Equity
FFWM
FFWM
FLOC
FLOC
Q4 25
0.73×
Q3 25
0.60×
Q2 25
1.11×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FFWM
FFWM
FLOC
FLOC
Operating Cash FlowLast quarter
$-31.9M
$87.2M
Free Cash FlowOCF − Capex
$-35.2M
$63.2M
FCF MarginFCF / Revenue
-72.8%
73.8%
Capex IntensityCapex / Revenue
6.9%
28.0%
Cash ConversionOCF / Net Profit
5.06×
TTM Free Cash FlowTrailing 4 quarters
$-45.9M
$167.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FFWM
FFWM
FLOC
FLOC
Q4 25
$-31.9M
$87.2M
Q3 25
$9.2M
$82.5M
Q2 25
$-16.3M
$82.2M
Q1 25
$-552.0K
$42.5M
Q4 24
$-8.7M
Q3 24
$14.2M
Q2 24
$-9.1M
Q1 24
$7.2M
Free Cash Flow
FFWM
FFWM
FLOC
FLOC
Q4 25
$-35.2M
$63.2M
Q3 25
$8.6M
$42.8M
Q2 25
$-16.7M
$46.4M
Q1 25
$-2.5M
$14.7M
Q4 24
$-11.4M
Q3 24
$13.4M
Q2 24
$-9.4M
Q1 24
$5.9M
FCF Margin
FFWM
FFWM
FLOC
FLOC
Q4 25
-72.8%
73.8%
Q3 25
13.5%
61.2%
Q2 25
-32.4%
50.9%
Q1 25
-3.5%
15.5%
Q4 24
-123.5%
Q3 24
146.2%
Q2 24
-16.3%
Q1 24
11.6%
Capex Intensity
FFWM
FFWM
FLOC
FLOC
Q4 25
6.9%
28.0%
Q3 25
1.0%
56.7%
Q2 25
0.8%
39.3%
Q1 25
2.8%
29.3%
Q4 24
29.4%
Q3 24
9.0%
Q2 24
0.4%
Q1 24
2.5%
Cash Conversion
FFWM
FFWM
FLOC
FLOC
Q4 25
5.06×
Q3 25
6.59×
Q2 25
15.02×
Q1 25
-0.08×
6.89×
Q4 24
Q3 24
Q2 24
-2.96×
Q1 24
9.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FFWM
FFWM

Segment breakdown not available.

FLOC
FLOC

Transferred Over Time$65.1M76%
Natural Gas Production$21.0M25%

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