In this study, the behavior characteristics of a hydrostatic thrust bearing used in hydraulic equipment was analyzed using a commercial finite element program, ADINA. The solid domain was modeled with the fluid domain simultaneously to solve the fully coupled problem, because this is a problem where a fully coupled analysis is needed in order to model the fluid-structure interaction(FSI). The results such as bearing deformation, stress, film thickness and lifting bearing force were obtained through FSI analysis, and then they were compared with the results calculated from the classical method, a single step sequential analysis. It was found that the result difference between two analyses was increased according to the injection pressure. Therefore, in case of high pressure loading, it is desirable to conduct the FSI analysis to examine the deformation characteristics of a hydrostatic slipper bearing.