In this research, we examine the relationship between profit and loss statement items and stock returns of companies and compare it with the relationship between cash flow statement items and stock returns. The dependent variable is stock return, which is the return resulting from the purchase and holding of the company's shares in a one-year time period that begins four months after the beginning of the financial year. The independent variables are: profit before tax and interest per share, net profit after tax and before unexpected items per share, net profit after tax per share, cash flows from operating activities of each share, cash flows from investment activities of each share. share, cash flows from financing activities per share, cash flows from income tax per share, cash flows from returns on investments and interest paid for financing per share, and total cash flows per share. The spatial scope of the research is the companies admitted to the Tehran Stock Exchange and the temporal scope of the research is the years 1395 to 1400. Regression method has been used to test research hypotheses. The findings of the research show that the correlation of different profits with stock returns is more than the correlation of different parts of the cash flow statement with stock returns. In the second hypothesis, it was predicted that the correlation between stock returns and various profits would increase with the increase of accruals or deferred items compared to the correlation of cash flows with stock returns, which was not confirmed.