pprof from https://github.com/google/pprof can produce a DAG view of a profile where nodes are sized proportional to their cumulative time, e.g., https://slcjordan.github.io/images/pprof/graphviz.png and such a view would seem to cover the case above and subsume the usual use cases for a flame graph, would it not?
Although I guess a flat text profile of functions sorted by time would also highlight these kinds of hot spots. Still, if we want a single graphical view as a go-to, it's not clear that flame graphs are all that much better than pprof DAGs.