Flowserve Corp (FLS)
Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Flowserve Pumps Division (FPD) and Flow Control Division (FCD). It offers custom engineered pumps, pre-configured industrial pumps, pump systems, mechanical seals, auxiliary systems, replacement parts, and related services; and manufactures gas-lubricated mechanical seals for gas pipelines and in the energy production and process markets. The company also provides equipment services, including installation, commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions. In addition, it offers engineered-to-order and configured-to-order isolation valves, control valves, valve automation products and related services and equipment; and actuators, positioners, and switches used to control, direct and manage the flow of liquids, gases and multi-phase fluids, and are a part of any flow control system. Further, the company provides equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. It sells its products under the Valtek, Argus, Worcester, Limitorque, and Durco brands. The company serves oil and gas, power generation, chemical, water management and general industries, including pharmaceuticals, mining, food and beverage, steel, and pulp and paper industries. It distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was founded in 1790 and is headquartered in Irving, Texas.
- Symbol
- FLS
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Market cap
- $9.85B
- 52 week range
- 48.71 - 92.41
Valuation
- Share price
- $77.18 (close of 2026-09-23)
- P/E (TTM)
- 26.61x
- Price to book
- 4.23x
- Price to free cash flow
- 23.94x
- Enterprise value
- $11.44B
- Book value per share
- $18.23
Price performance
| Period | Change |
|---|
| 1 day | +3.36% |
| 5 days | +8.66% |
| 1 month | -2.78% |
| 3 months | -3.50% |
| 6 months | +3.93% |
| Year to date | +11.24% |
| 1 year | +36.82% |
| 3 years | +98.25% |
| 5 years | +118.02% |
| 10 years | +67.13% |
| All time | +4944.44% |
Profitability and growth
- Return on equity
- 15.36%
- Return on invested capital
- 7.51%
- Return on assets
- 6.07%
- Return on capital employed
- 9.51%
- Gross margin
- 33.44%
- Net margin
- 7.32%
- EBITDA margin
- 10.47%
- Revenue growth
- 3.76%
- Net income growth
- 22.45%
- Free cash flow growth
- 26.33%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.18%
- Current ratio
- 2.15x
- Net debt to EBITDA
- 2.17x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $4.73B
- Cost of revenue
- $3.15B
- Gross profit
- $1.58B
- EBITDA
- $495.38M
- Net income
- $346.25M
- Earnings per share
- $2.66
- Research and development
- $54.10M
- Interest expense
- $77.74M
- Shares outstanding
- 130.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $4.73B | $1.58B | $346.25M | $2.66 |
| 2024-12-31 | $4.56B | $1.43B | $282.76M | $2.15 |
| 2023-12-31 | $4.32B | $1.28B | $186.74M | $1.42 |
| 2022-12-31 | $3.62B | $994.29M | $188.69M | $1.44 |
| 2021-12-31 | $3.54B | $1.05B | $125.95M | $0.97 |
| 2020-12-31 | $3.73B | $1.12B | $130.42M | $1.00 |
| 2019-12-31 | $3.94B | $1.29B | $238.83M | $1.82 |
| 2018-12-31 | $3.84B | $1.19B | $104.51M | $0.80 |
| 2017-12-31 | $3.66B | $1.09B | $2.65M | $0.02 |
| 2016-12-31 | $3.99B | $1.24B | $132.46M | $1.02 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 33.44% | 7.32% | 15.36% | 7.51% |
| 2024-12-31 | 31.47% | 6.20% | 13.78% | 12.32% |
| 2023-12-31 | 29.55% | 4.32% | 9.46% | 11.11% |
| 2022-12-31 | 27.50% | 5.22% | 10.15% | 6.84% |
| 2021-12-31 | 29.64% | 3.56% | 6.85% | 10.04% |
| 2020-12-31 | 29.96% | 3.50% | 7.40% | 7.20% |
| 2019-12-31 | 32.73% | 6.06% | 13.48% | 11.62% |
| 2018-12-31 | 31.05% | 2.72% | 6.40% | 7.26% |
| 2017-12-31 | 29.75% | 0.07% | 0.16% | 6.74% |
| 2016-12-31 | 30.99% | 3.32% | 8.09% | 7.02% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $760.18M | $1.53B |
| 2024-12-31 | $675.44M | $1.46B |
| 2023-12-31 | $545.68M | $1.17B |
| 2022-12-31 | $434.97M | $1.22B |
| 2021-12-31 | $658.45M | $1.26B |
| 2020-12-31 | $1.10B | $1.72B |
| 2019-12-31 | $670.98M | $1.37B |
| 2018-12-31 | $619.68M | $1.41B |
| 2018-01-01 | $703.45M | $1.50B |
| 2017-12-31 | $703.45M | $1.50B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $434.96M | $38.26M |
| 2024-12-31 | $344.29M | $30.47M |
| 2023-12-31 | $258.41M | $27.81M |
| 2022-12-31 | $-116.30M | $25.53M |
| 2021-12-31 | $195.18M | $29.48M |
| 2020-12-31 | $253.13M | $27.25M |
| 2019-12-31 | $248.38M | $23.88M |
| 2018-12-31 | $106.84M | $19.91M |
| 2017-12-31 | $249.46M | $22.82M |
| 2016-12-31 | $150.78M | $30.21M |
Dividend history
- Most recent payment
- 2026-06-26
- Paid in the last twelve months
- $0.86
| Payment date | Dividend per share |
|---|
| 2026-06-26 | $0.22 |
| 2026-03-27 | $0.22 |
| 2025-12-26 | $0.21 |
| 2025-09-26 | $0.21 |
| 2025-06-27 | $0.21 |
| 2025-03-28 | $0.21 |
| 2024-12-27 | $0.21 |
| 2024-09-27 | $0.21 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-27
- Consensus EPS estimate
- $1.00
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-29 | Jun/2026 | $0.86 |
| 2026-04-29 | - | - |
| 2026-02-05 | - | - |
| 2025-10-28 | - | - |
| 2025-07-29 | - | - |
| 2025-04-29 | - | - |
| 2025-02-18 | - | - |
| 2024-10-28 | - | - |
Filings and sources
- Company website
- flowserve.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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