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FLSFlowserve Corporation
$74.71$9.5B
Overview & Verdict
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FLS logoFlowserve Corporation(FLS)Earnings, Financials & Key Ratios

FLS•NYSE
$74.71
28.3× P/E·Price updated Jul 6, 2026
SectorIndustrialsIndustryIndustrial MachinerySub-IndustryFlow control and water equipment
AboutFlowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.Show more
  • Revenue$4.73B+3.8%
  • EBITDA$709M+18.0%
  • Net Income$346M+22.5%
  • EPS (Diluted)2.64+23.4%
  • Gross Margin34.6%+7.6%
  • EBITDA Margin15%+13.7%
  • Operating Margin12.98%+14.8%
  • Net Margin7.32%+18.0%
  • ROE16.08%+14.5%

FLS Price & Volume

Flowserve Corporation (FLS) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Revenue Headwinds Challenge Operational Margin Gains

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Decelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical Project Execution Risk

Key Thesis Takeaways

  • Flowserve demonstrates improved gross margin efficiency, reaching 37.1% in 2026Q1, yet faces significant top-line pressure as revenue growth contracted by 6.7% in the same period.
  • While the company maintains a healthy liquidity profile with a current ratio of 2.22, investors should monitor the inherent volatility in cash conversion, evidenced by an OCF/NI ratio that swung to -0.53.
  • The long-term outlook remains tempered by the lumpiness of project-based revenue and the potential for goodwill impairment, given that goodwill now accounts for $1.4 billion of the company's $5.7 billion in total assets.

Verdict Logic

while the forward P/E of 17.87 suggests a reasonable valuation, the inconsistent cash conversion and negative revenue growth of -6.7% in 2026Q1 warrant a cautious approach.

FLS Growth Metrics

Flowserve Corporation (FLS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years0.36%
5 Years4.87%
3 Years9.37%
TTM0.83%

Profit CAGR

10 Years2.61%
5 Years21.56%
3 Years22.43%
TTM25.34%

EPS CAGR

10 Years3.18%
5 Years21.43%
3 Years22.39%
TTM26.17%

Return on Capital

10 Years10.02%
5 Years10.44%
3 Years13.16%
Last Year14.9%

FLS Recent Earnings

Flowserve Corporation (FLS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.85+3.7%
$0.82
Rev
$1.1B-8.5%
$1.2B
Q1 2026
Feb 5, 2026
Metric
Actual
Est
EPS
$1.11+18.1%
$0.94
Rev
$1.2B-3.2%
$1.3B
Q4 2025
Oct 28, 2025
Metric
Actual
Est
EPS
$0.90+12.5%
$0.80
Rev
$1.2B-7.0%
$1.3B
Q3 2025
Jul 29, 2025
Metric
Actual
Est
EPS
$0.91+16.7%
$0.78
Rev
$1.2B-2.6%
$1.2B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.85vs $0.82+3.7%
$1.1Bvs $1.2B-8.5%
Q1 2026Feb 5, 2026
$1.11vs $0.94+18.1%
$1.2Bvs $1.3B-3.2%
Q4 2025Oct 28, 2025
$0.90vs $0.80+12.5%
$1.2Bvs $1.3B-7.0%
Q3 2025Jul 29, 2025
$0.91vs $0.78+16.7%
$1.2Bvs $1.2B-2.6%
Based on last 12 quarters of dataView full earnings history →

Latest FLS News

Recent stock market news and headlines for Flowserve Corporation (FLS)

PRNewsWire·6 days ago
First Reserve-Backed Trillium Flow Technologies Completes Sale of Select Valves Businesses to Flowserve

STAMFORD, Conn. and HOUSTON, June 30, 2026 /PRNewswire/ -- Trillium Flow Technologies ("Trillium"), a portfolio company of First Reserve and a leading provider of highly engineered flow control products and aftermarket services, today announced the completion of the sale of select valves businesses to Flowserve Corporation (NYSE: FLS) ("Flowserve"), a leading provider of flow control products and services for the global infrastructure markets.

Business Wire·6 days ago
Flowserve Completes Acquisition of Trillium Flow Technologies' Valves Division

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, has closed its all-cash acquisition of Trillium Flow Technologies' Valves Division1 (“TVD”) for $490 million plus working capital adjustments. TVD is a leading provider of highly engineered mission-critical valves and other flow control equipment used in nuclear and traditional power generation, industrial, and.

ETF Trends·Jun 29, 2026
DOE's $17.5B Loan Boosts Nuclear Supply Chain

The U.S. Department of Energy announced a conditional commitment of $17.5 billion in low-interest loans. These funds target long-lead components for 10 new Westinghouse AP1000 reactors covering five project sites nationwide.

247 Wallst·Jun 24, 2026
Here Are Wednesday’s Best Wall Street Analyst Research Calls: Devon Energy, Flowserve, Klaviyo, Macerich, Merck, Nucor, Take-Two Interactive Software, Twilio, and More

Pre-Market Stock Futures: Futures are trading higher this morning, but if you've ever heard the old saying, "when the chips are down", that was the poster child phrase for Tuesday's session, as technology stocks, and specifically the semiconductor stocks, followed a worldwide sell-off that initially began in Korea and carried around the globe. When... Here Are Wednesday's Best Wall Street Analyst Research Calls: Devon Energy, Flowserve, Klaviyo, Macerich, Merck, Nucor, Take-Two Interactive Software, Twilio, and More

Peers Comparison

Key metrics vs top competitors for Flowserve Corporation (FLS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FLS logoFLSFlowserve CorporationCurrent
$74.71$9.55B28.303.76%7.32%16.08%1.12%
IR logoIRIngersoll Rand Inc.
$80.63$31.58B55.615.75%7.54%5.76%—
IEX logoIEXIDEX Corporation
$224.46$16.69B35.025.77%14.38%12.62%—
PNR logoPNRPentair plc
$75.53$12.21B19.072.28%15.97%17.74%—
GGG logoGGGGraco Inc.
$75.67$12.56B24.575.83%22.96%19.65%—
FELE logoFELEFranklin Electric Co., Inc.
$105.38$4.65B32.425.44%6.91%11.44%—

Compare FLS vs Peers

Flowserve Corporation (FLS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IR

Most directly comparable listed peer for FLS.

Scale Benchmark

vs XOM

Larger-name benchmark to compare FLS against a more recognizable public peer.

Peer Set

Compare Top 5

vs IR, IEX, PNR, GGG

FLS SEC Filings & Documents

Flowserve Corporation (FLS) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 15, 2026·SEC

Material company update

Mar 26, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 26, 2025·SEC

FY 2024

Feb 20, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 28, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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FLS Frequently Asked Questions

Flowserve Corporation (FLS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Flowserve Corporation's revenue?

Flowserve Corporation (FLS) reported $4.65B in revenue for fiscal year 2025. This represents a 669% increase from $605.5M in 1996.

How fast is Flowserve Corporation growing?

Flowserve Corporation (FLS) grew revenue by 3.8% over the past year. Growth has been modest.

Is FLS profitable?

Yes, Flowserve Corporation (FLS) is profitable, generating $354.0M in net income for fiscal year 2025 (7.3% net margin).

Dividend & Returns
Does FLS pay dividends?

Yes, Flowserve Corporation (FLS) pays a dividend with a yield of 1.12%. This makes it attractive for income-focused investors.

What is FLS's return on equity?

Flowserve Corporation (FLS) has a return on equity (ROE) of 16.1%. This is reasonable for most industries.

What is Flowserve Corporation's free cash flow?

Flowserve Corporation (FLS) generated $436.6M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in FLS back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →