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Flowserve Corp  (FLS)
Other Ticker:  
 
 
Price: $42.2800 $-0.36 -0.844%
Day's High: $42.96 Week Perf: -0.68 %
Day's Low: $ 42.12 30 Day Perf: 3.81 %
Volume (M): 1,241 52 Wk High: $ 43.64
Volume (M$): $ 52,478 52 Wk Avg: $37.52
Open: $42.77 52 Wk Low: $29.99



 Market Capitalization (Millions $) 5,560
 Shares Outstanding (Millions) 132
 Employees 16,250
 Revenues (TTM) (Millions $) 4,320
 Net Income (TTM) (Millions $) 205
 Cash Flow (TTM) (Millions $) 111
 Capital Exp. (TTM) (Millions $) 67

Flowserve Corp

Flowserve Corporation is a world leading manufacturer and aftermarket service provider of comprehensive flow control systems. We were incorporated in the State of New York on May 1, 1912. We develop and manufacture precision-engineered flow control equipment, such as pumps, valves and seals, for critical service applications that require high reliability. We use our manufacturing platform to offer a broad array of aftermarket equipment services, such as installation, advanced diagnostics, repair and retrofitting. We utilize a footprint of Quick Response Centers (“QRCs”) around the globe to deliver these aftermarket services.

We sell our products and services to more than 10,000 companies, including some of the world’s leading engineering and construction firms, original equipment manufacturers, distributors and end users. Our products and services are used in several distinct industries across a broad geographic reach.

We conduct our operations through three business segments:


• Flowserve Pump Division (“FPD”) for engineered pumps, industrial pumps and related services;

• Flow Control Division (“FCD”) for engineered and industrial valves, control valves, actuators and controls and related services; and

• Flow Solutions Division (“FSD”) for precision mechanical seals and related products and services.

Through FPD, we design, manufacture, distribute and service engineered and industrial pumps and pump systems, submersible motors, replacement parts and related equipment, principally to industrial markets. FPD’s products and services are primarily used by companies that operate in the oil and gas, chemical processing, power generation, water treatment and general industrial markets.

FCD, the second largest business segment within Flowserve, designs, manufactures and distributes a broad portfolio of industrial valve products, including actuators, controls and related equipment. In addition, FCD offers energy management products such as steam traps and condensate recovery systems. FCD leverages its experience and application know-how by offering a complete menu of engineered services to complement its expansive product portfolio.

Through FSD, we design, manufacture and distribute mechanical seals, sealing systems and parts, and provide related services, principally to process industries. Mechanical seals contained in rotating equipment require replacement throughout the products’ useful lives and the repair and replacement of mechanical seals is an integral part of our aftermarket services.

We sell to a wide variety of customers globally in several distinct industries: oil and gas, chemical, power generation and water management, as well as a number of other industries that are collectively referred to as general industries.

Competition

The pump industry is highly fragmented, with more than 100 competitors. We compete, however, primarily against a relatively limited number of large companies operating on a global scale. Competition is generally based on delivery times, expertise, price, breadth of product offerings, contractual terms, previous installation history and reputation for quality. Some of our largest pump industry competitors include ITT Industries, Ebara Corporation, KSB Inc., The Weir Group PLC, Sulzer Pumps and United Technologies Corporation.


While in recent years the valve market has undergone a significant amount of consolidation, in relative terms, the market remains highly fragmented. Some of the largest valve industry competitors include Crane Co., Dresser Inc., Emerson, Kitz and Tyco.

We compete against a number of manufacturers in the sale of mechanical seals. Among our largest global mechanical seal competitors are John Crane, a unit of Smiths Group Plc. and Eagle Burgmann, Inc., which is a joint venture of two traditional global seal manufacturers, Chesterton and AES. Based on independent industry sources, we believe that we are the second largest industrial mechanical seals supplier in the world. Our ability to quickly manufacture customers’ requests for engineered seal products, from design to engineering, manufacturing, testing and delivery, is a major competitive advantage.



   Company Address: 5215 N. O Connor Boulevard Suite 700, Irving, 75039 TX
   Company Phone Number: 443-6500   Stock Exchange / Ticker: NYSE FLS
   FLS is expected to report next financial results on March 06, 2024.


Customers Net Income grew by FLS's Customers Net Profit Margin grew to

10.06 %

7.56 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GGG        2.15% 
HI        0.83% 
IEX        0.67% 
ITT        2.4% 
WMS        0.12% 
XYL        1.72% 
• View Complete Report
   



Flowserve Corp

Flowserve Corp Demonstrates Resilience Amidst EPS Drop with Strong Revenue Growth

As a prominent player in the flow control products and services market, Flowserve Corporation (NYSE: FLS) recently announced its quarterly cash dividend of $0.20 per share, showcasing its commitment to providing value to its shareholders. This news comes as Flowserve continues to gain momentum in the stock market, with its stock surging by 9.07% in the past three months and by an impressive 34.86% over the past 12 months.
Flowserve's strong performance in the stock market is a testament to its recent financial results. In its most recent fiscal period, the company experienced a contraction in earnings per share (EPS), with a decline of -48.46% to $0.47 per share. However, this decline in EPS was overshadowed by a significant revenue increase of 12.079% to $1.16 billion, compared to the corresponding reporting period a year prior.

Dividend

Flowserve Announces Quarterly Cash Dividend Amidst Promising Market Performance

Published Tue, Dec 12 2023 9:03 PM UTC



Flowserve Corporation (NYSE: FLS), a prominent player in flow control products and services for global infrastructure markets, recently made an announcement regarding its quarterly cash dividend of $0.20 per share. This article will provide an overview of the news and shed light on Flowserve's recent performance in the market.

In accordance with the statem...

Flowserve Corp

Flowserve Corp Reports Impressive Surge in Revenue and EPS During Third Quarter of 2023 Earnings Season2.

Flowserve Corp, a leading industrial machinery manufacturer, has reported its financial results for the third quarter of 2023, and the numbers have caught the attention of investors. The company's outstanding revenue has surpassed impressive earnings per share (EPS) growth, indicating a strong performance in the past quarter.
According to the financial report, Flowserve Corp witnessed a remarkable 25.412% increase in revenue, reaching $1.09 billion. This growth in revenue is significant and showcases the company's ability to generate higher sales. Similarly, the company's income also rose by 20.69% at $0.35 per share, compared to the same period last year.

Flowserve Corp

Flowserve Corp Reports Impressive 14.71% Increase in Income for Fiscal Year Ended June 2023, with Earnings Soaring 95% from Previous Quarter



Flowserve Corp, a leading provider of industrial and flow control solutions, has released its financial results for the fiscal span closing June 30, 2023. The company has witnessed significant growth in key financial indicators such as earnings per share (EPS), revenue, net earnings, and operating earnings. This article will analyze these results and discuss their potential impact on Flowserve Corp's future prospects.
1. Double-digit EPS Growth:
Flowserve Corp's EPS grew by 14.71% to $0.39 per share compared to $0.34 in the previous year, reflecting increased profitability. Moreover, when compared to the previous quarter, EPS soared by an impressive 95% from $0.20 per share. This growth indicates the company's successful execution of its operational strategies and potential for further profitability.

Flowserve Corp

Again Positive Income at FLS during the January to March 31 2023 interval

Flowserve Corp, a leading player in the Miscellaneous Manufacturing industry, has announced its financial results for the first quarter of 2023. Despite a lower Return on Equity (ROE) of 13.46%, which falls below the company's average ROE of 16.65%, the company has improved its ROE compared to the fourth quarter of 2021. Three other companies in the industry had a higher ROE than Flowserve during the same period.
Despite fading net income, the company has managed to turn its bottom-line positive, with earnings per share dropping by -78.14% from the previous reporting period to $0.20 per share. This is a significant improvement from $-0.12 per share at the same time last year. The revenue grew considerably by 19.395% to $980.31 million compared to the corresponding period a year ago. Revenue sequentially decreased by -5.645% from $1.04 billion.






 

Flowserve's Segments
 
Pump Division
 Segment     of total Revenue
Control Division
 Segment     of total Revenue
Solutions Division
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Flowserve does not provide revenue guidance.

Earnings Outlook
Flowserve Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Europe
Other
Asia

Flowserve's Operating Statistics Decrease / Increase
       
Pump Division Bookings (millions $)   Pump Division Bookings (millions $) Decline   
Control Division Bookings (millions $)   Control Division Bookings (millions $) Decline   
Solutions Division Bookings (millions $)    Solutions Division Bookings (millions $) Growth   
Total Bookings (millions $)   Total Bookings (millions $) Decline   
Pump Division Book to Bill Ratio   Pump Division Book to Bill Ratio Decline   
Control Division Book to Bill Ratio   Control Division  Book to Bill Ratio Decline   
Solutions Division Book to Bill Ratio   Solutions Division Book to Bill Ratio Decline   
Total Book to Bill Ratio   Total Book to Bill Ratio Decline   




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