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Side-by-side financial comparison of Flowco Holdings Inc. (FLOC) and GERMAN AMERICAN BANCORP, INC. (GABC). Click either name above to swap in a different company.

GERMAN AMERICAN BANCORP, INC. is the larger business by last-quarter revenue ($126.7M vs $85.6M, roughly 1.5× Flowco Holdings Inc.). GERMAN AMERICAN BANCORP, INC. runs the higher net margin — 28.2% vs 20.1%, a 8.0% gap on every dollar of revenue. GERMAN AMERICAN BANCORP, INC. produced more free cash flow last quarter ($154.0M vs $63.2M).

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.

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

FLOC vs GABC — Head-to-Head

Bigger by revenue
GABC
GABC
1.5× larger
GABC
$126.7M
$85.6M
FLOC
Higher net margin
GABC
GABC
8.0% more per $
GABC
28.2%
20.1%
FLOC
More free cash flow
GABC
GABC
$90.8M more FCF
GABC
$154.0M
$63.2M
FLOC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLOC
FLOC
GABC
GABC
Revenue
$85.6M
$126.7M
Net Profit
$17.2M
$35.7M
Gross Margin
-4.8%
Operating Margin
49.0%
34.6%
Net Margin
20.1%
28.2%
Revenue YoY
39.7%
Net Profit YoY
53.7%
EPS (diluted)
$0.47
$0.98

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
FLOC
FLOC
GABC
GABC
Q4 25
$85.6M
$126.7M
Q3 25
$70.0M
$126.5M
Q2 25
$91.1M
$123.2M
Q1 25
$95.1M
$111.1M
Q4 24
$90.7M
Q3 24
$88.5M
Q2 24
$90.5M
Q1 24
$84.1M
Net Profit
FLOC
FLOC
GABC
GABC
Q4 25
$17.2M
$35.7M
Q3 25
$12.5M
$35.1M
Q2 25
$5.5M
$31.4M
Q1 25
$6.2M
$10.5M
Q4 24
$23.2M
Q3 24
$21.0M
Q2 24
$20.5M
Q1 24
$19.0M
Gross Margin
FLOC
FLOC
GABC
GABC
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
FLOC
FLOC
GABC
GABC
Q4 25
49.0%
34.6%
Q3 25
49.4%
34.6%
Q2 25
40.7%
31.8%
Q1 25
37.2%
12.0%
Q4 24
31.6%
Q3 24
29.0%
Q2 24
29.4%
Q1 24
27.6%
Net Margin
FLOC
FLOC
GABC
GABC
Q4 25
20.1%
28.2%
Q3 25
17.9%
27.7%
Q2 25
6.0%
25.5%
Q1 25
6.5%
9.5%
Q4 24
25.6%
Q3 24
23.8%
Q2 24
22.7%
Q1 24
22.6%
EPS (diluted)
FLOC
FLOC
GABC
GABC
Q4 25
$0.47
$0.98
Q3 25
$0.32
$0.94
Q2 25
$0.21
$0.84
Q1 25
$0.24
$0.30
Q4 24
$0.79
Q3 24
$0.71
Q2 24
$0.69
Q1 24
$0.64

Balance Sheet & Financial Strength

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

Metric
FLOC
FLOC
GABC
GABC
Cash + ST InvestmentsLiquidity on hand
$4.5M
Total DebtLower is stronger
$167.8M
$100.0M
Stockholders' EquityBook value
$228.6M
$1.2B
Total Assets
$1.6B
$8.4B
Debt / EquityLower = less leverage
0.73×
0.09×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLOC
FLOC
GABC
GABC
Q4 25
$4.5M
Q3 25
$7.2M
Q2 25
$9.3M
Q1 25
$687.0K
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
FLOC
FLOC
GABC
GABC
Q4 25
$167.8M
$100.0M
Q3 25
$222.6M
Q2 25
$167.1M
Q1 25
$181.0M
Q4 24
$114.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FLOC
FLOC
GABC
GABC
Q4 25
$228.6M
$1.2B
Q3 25
$371.0M
$1.1B
Q2 25
$150.3M
$1.1B
Q1 25
$-370.1M
$1.0B
Q4 24
$715.1M
Q3 24
$744.6M
Q2 24
$687.8M
Q1 24
$655.3M
Total Assets
FLOC
FLOC
GABC
GABC
Q4 25
$1.6B
$8.4B
Q3 25
$1.7B
$8.4B
Q2 25
$1.6B
$8.3B
Q1 25
$1.6B
$8.4B
Q4 24
$6.3B
Q3 24
$6.3B
Q2 24
$6.2B
Q1 24
$6.1B
Debt / Equity
FLOC
FLOC
GABC
GABC
Q4 25
0.73×
0.09×
Q3 25
0.60×
Q2 25
1.11×
Q1 25
Q4 24
0.16×
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
FLOC
FLOC
GABC
GABC
Operating Cash FlowLast quarter
$87.2M
$159.3M
Free Cash FlowOCF − Capex
$63.2M
$154.0M
FCF MarginFCF / Revenue
73.8%
121.6%
Capex IntensityCapex / Revenue
28.0%
4.2%
Cash ConversionOCF / Net Profit
5.06×
4.46×
TTM Free Cash FlowTrailing 4 quarters
$167.1M
$267.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLOC
FLOC
GABC
GABC
Q4 25
$87.2M
$159.3M
Q3 25
$82.5M
$51.8M
Q2 25
$82.2M
$26.9M
Q1 25
$42.5M
$37.9M
Q4 24
$95.8M
Q3 24
$24.5M
Q2 24
$18.7M
Q1 24
$23.9M
Free Cash Flow
FLOC
FLOC
GABC
GABC
Q4 25
$63.2M
$154.0M
Q3 25
$42.8M
$50.1M
Q2 25
$46.4M
$26.2M
Q1 25
$14.7M
$36.7M
Q4 24
$90.7M
Q3 24
$23.0M
Q2 24
$17.0M
Q1 24
$22.6M
FCF Margin
FLOC
FLOC
GABC
GABC
Q4 25
73.8%
121.6%
Q3 25
61.2%
39.6%
Q2 25
50.9%
21.2%
Q1 25
15.5%
33.0%
Q4 24
100.1%
Q3 24
26.0%
Q2 24
18.8%
Q1 24
26.9%
Capex Intensity
FLOC
FLOC
GABC
GABC
Q4 25
28.0%
4.2%
Q3 25
56.7%
1.3%
Q2 25
39.3%
0.6%
Q1 25
29.3%
1.1%
Q4 24
5.6%
Q3 24
1.7%
Q2 24
1.8%
Q1 24
1.5%
Cash Conversion
FLOC
FLOC
GABC
GABC
Q4 25
5.06×
4.46×
Q3 25
6.59×
1.48×
Q2 25
15.02×
0.86×
Q1 25
6.89×
3.61×
Q4 24
4.13×
Q3 24
1.16×
Q2 24
0.91×
Q1 24
1.25×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLOC
FLOC

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

GABC
GABC

Segment breakdown not available.

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