Flowserve (FLS) Financials

$46.74 -0.46 (-0.96%)

Closing price 05/6/2025 03:59 PM Eastern

Extended Trading

$47.34 +0.60 (+1.27%)

As of 08:02 AM Eastern

Annual Income Statements for Flowserve

This table shows Flowserve's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	258	132	2.65	105	239	130	126	189	187	283
Consolidated Net Income / (Loss)	264	136	4.33	110	247	141	136	198	205	301
Net Income / (Loss) Continuing Operations	264	136	4.33	110	247	141	136	198	205	301
Total Pre-Tax Income	412	213	263	156	322	202	134	154	224	386
Total Operating Income	515	277	187	224	387	250	271	197	334	462
Total Gross Profit	1,478	1,237	1,089	1,191	1,289	1,117	1,050	994	1,277	1,434
Total Revenue	4,558	3,990	3,661	3,836	3,940	3,728	3,541	3,615	4,321	4,558
Operating Revenue	4,558	3,990	3,661	3,836	3,940	3,728	3,541	3,615	4,321	4,558
Total Cost of Revenue	3,080	2,754	2,572	2,645	2,650	2,611	2,491	2,621	3,044	3,124
Operating Cost of Revenue	3,080	2,754	2,572	2,645	2,650	2,611	2,491	2,621	3,044	3,124
Total Operating Expenses	963	960	902	967	903	866	779	797	943	972
Selling, General & Admin Expense	973	965	902	967	913	878	797	816	961	978
Marketing Expense	-9.86	-13	-	-	-10	-12	-16	-18	-18	-19
Other Operating Expenses / (Income)	0.00	7.66	-	-	0.00	0.00	-1.81	0.00	0.00	13
Total Other Income / (Expense), net	-102	-64	76	-68	-64	-48	-137	-43	-110	-76
Interest Expense	65	60	60	58	55	57	104	46	67	69
Interest & Investment Income	2.07	2.80	16	18	8.41	4.18	2.76	3.96	6.99	5.37
Other Income / (Expense), net	-39	-6.44	119	-27	-18	5.23	-36	-0.56	-50	-12
Income Tax Expense	148	77	259	47	75	61	-2.59	-44	19	85
Net Income / (Loss) Attributable to Noncontrolling Interest	5.61	3.08	1.68	5.38	8.11	10	10	9.33	18	18
Basic Earnings per Share	$1.94	$1.02	$0.02	$0.80	$1.82	$1.00	$0.97	$1.44	$1.42	$2.15
Weighted Average Basic Shares Outstanding	133.07M	130.43M	130.80M	130.98M	131.03M	130.40M	130.31M	130.63M	131.12M	131.49M
Diluted Earnings per Share	$1.93	$1.01	$0.02	$0.80	$1.81	$1.00	$0.96	$1.44	$1.42	$2.14
Weighted Average Diluted Shares Outstanding	133.07M	130.43M	130.80M	130.98M	131.72M	131.05M	130.86M	131.32M	131.93M	132.36M
Weighted Average Basic & Diluted Shares Outstanding	133.07M	130.43M	130.80M	130.98M	130.90M	130.28M	131.12M	-	131.23M	131.75M
Cash Dividends to Common per Share	$0.72	$0.76	$0.76	$0.76	$0.76	$0.80	$0.80	$0.80	$0.80	$0.84

This table shows Flowserve's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Income / (Loss) Attributable to Common Shareholders	38	121	27	51	46	63	74	73	58	78	74
Consolidated Net Income / (Loss)	41	125	30	55	53	67	78	76	63	84	79
Net Income / (Loss) Continuing Operations	41	125	30	55	53	67	78	76	63	84	79
Total Pre-Tax Income	42	65	34	76	41	71	98	100	82	106	97
Total Operating Income	24	105	57	97	70	109	113	121	103	125	132
Total Gross Profit	240	295	297	323	318	340	339	366	357	372	369
Total Revenue	873	1,039	980	1,080	1,095	1,165	1,087	1,157	1,133	1,180	1,145
Operating Revenue	873	1,039	980	1,080	1,095	1,165	1,087	1,157	1,133	1,180	1,145
Total Cost of Revenue	633	744	683	758	777	826	749	791	776	808	775
Operating Cost of Revenue	633	744	683	758	777	826	749	791	776	808	775
Total Operating Expenses	215	190	240	226	247	230	226	245	254	247	237
Selling, General & Admin Expense	221	194	244	230	252	235	228	239	259	252	243
Marketing Expense	-5.78	-3.72	-4.62	-3.97	-4.63	-4.67	-2.53	-6.82	-5.15	-4.56	-5.73
Total Other Income / (Expense), net	18	-41	-23	-20	-29	-38	-15	-21	-21	-19	-35
Interest Expense	12	13	16	17	17	17	15	17	17	20	19
Interest & Investment Income	1.14	1.03	1.49	1.91	2.13	1.46	1.17	1.17	1.40	1.63	1.75
Other Income / (Expense), net	29	-29	-8.02	-5.54	-14	-23	-0.87	-5.26	-5.92	-0.14	-17
Income Tax Expense	1.82	-60	4.45	21	-11	3.99	20	24	19	22	18
Net Income / (Loss) Attributable to Noncontrolling Interest	2.24	3.63	3.23	3.95	6.44	4.83	3.70	3.84	4.97	5.97	5.55
Basic Earnings per Share	$0.29	$0.93	$0.20	$0.39	$0.35	$0.48	$0.56	$0.55	$0.44	$0.60	$0.56
Weighted Average Basic Shares Outstanding	130.70M	130.63M	130.93M	131.17M	131.18M	131.12M	131.51M	131.66M	131.40M	131.49M	131.57M
Diluted Earnings per Share	$0.29	$0.93	$0.20	$0.39	$0.35	$0.48	$0.56	$0.55	$0.44	$0.59	$0.56
Weighted Average Diluted Shares Outstanding	131.40M	131.32M	131.75M	131.81M	132.03M	131.93M	132.37M	132.42M	132.25M	132.36M	132.67M
Weighted Average Basic & Diluted Shares Outstanding	130.70M	0.00	131.15M	131.17M	131.21M	131.23M	131.65M	131.37M	131.38M	131.75M	130.73M
Cash Dividends to Common per Share	$0.20	-	$0.20	$0.20	$0.20	-	$0.21	$0.21	$0.21	-	$0.21

This table details how cash moves in and out of Flowserve's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-84	0.72	302	-84	51	424	-437	-223	111	130
Net Cash From Operating Activities	441	240	311	191	324	311	250	-40	326	425
Net Cash From Continuing Operating Activities	441	240	311	191	324	311	250	-40	326	425
Net Income / (Loss) Continuing Operations	264	136	4.33	110	247	141	136	198	205	301
Consolidated Net Income / (Loss)	264	136	4.33	110	247	141	136	198	205	301
Depreciation Expense	100	100	101	96	92	86	85	78	73	76
Amortization Expense	28	17	17	17	14	15	15	13	10	9.75
Non-Cash Adjustments To Reconcile Net Income	109	103	30	34	-33	37	180	-44	-31	49
Changes in Operating Assets and Liabilities, net	-60	-115	158	-65	4.32	32	-166	-285	68	-11
Net Cash From Investing Activities	-525	-91	177	-81	-33	-42	-59	-6.09	-69	-387
Net Cash From Continuing Investing Activities	-525	-91	177	-81	-33	-42	-59	-6.09	-69	-387
Purchase of Property, Plant & Equipment	-182	-90	-62	-84	-76	-57	-55	-76	-67	-81
Acquisitions	-354	-	-	-3.66	-	-	-	0.00	0.00	-306
Purchase of Investments	-	-	-	-	0.00	0.00	-7.20	-0.23	-3.28	0.00
Sale of Property, Plant & Equipment	10	3.29	5.44	6.19	42	16	2.66	4.42	2.06	2.24
Divestitures	-	-	233	-	-	-	-	0.00	0.00	0.04
Other Investing Activities, net	0.00	-5.06	-	-	-	0.00	0.00	66	0.00	-2.56
Net Cash From Financing Activities	38	-144	-185	-173	-231	148	-600	-150	-153	117
Net Cash From Continuing Financing Activities	38	-144	-185	-173	-231	148	-600	-150	-153	117
Repayment of Debt	-85	-71	-87	-74	-191	-212	-1,271	-88	-323	-210
Repurchase of Common Equity	-304	-	0.00	0.00	-15	-32	-18	0.00	0.00	-20
Payment of Dividends	-94	-98	-99	-99	-100	-104	-105	-105	-105	-110
Issuance of Debt	536	36	7.36	3.38	78	501	800	47	281	467
Other Financing Activities, net	-16	-10	-6.24	-3.06	-3.90	-4.61	-5.98	-4.68	-6.25	-9.58
Effect of Exchange Rate Changes	-37	-4.57	-	-20	-	7.87	-28	-27	6.53	-26
Cash Interest Paid	57	57	57	55	54	57	72	42	65	67
Cash Income Taxes Paid	153	151	59	87	66	75	66	60	119	81

This table details how cash moves in and out of Flowserve's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Net Change in Cash & Equivalents	-106	83	-30	18	58	65	-14	-17	97	64	-135
Net Cash From Operating Activities	-38	69	27	24	81	195	62	-13	178	197	-50
Net Cash From Continuing Operating Activities	-38	69	27	24	81	195	62	-13	178	197	-50
Net Income / (Loss) Continuing Operations	41	125	30	55	53	67	78	76	63	84	79
Consolidated Net Income / (Loss)	41	125	30	55	53	67	78	76	63	84	79
Depreciation Expense	19	18	19	19	18	18	19	19	19	19	19
Amortization Expense	3.30	3.27	2.66	2.50	2.62	2.50	2.25	2.14	2.09	3.27	5.57
Non-Cash Adjustments To Reconcile Net Income	-27	-22	12	5.83	-17	-31	1.80	26	-2.17	23	-8.14
Changes in Operating Assets and Liabilities, net	-74	-55	-37	-58	25	137	-39	-136	96	68	-146
Net Cash From Investing Activities	-17	40	-16	-16	-16	-20	-14	-17	-24	-333	-11
Net Cash From Continuing Investing Activities	-17	40	-16	-16	-16	-20	-14	-17	-24	-333	-11
Purchase of Property, Plant & Equipment	-15	-30	-15	-17	-16	-20	-14	-15	-24	-29	-12
Other Investing Activities, net	-1.83	66	-1.14	0.20	0.11	0.83	0.02	-1.83	-0.14	-0.61	0.46
Net Cash From Financing Activities	-34	-38	-44	12	0.20	-121	-54	18	-71	225	-84
Net Cash From Continuing Financing Activities	-34	-38	-44	12	0.20	-121	-54	18	-71	225	-84
Repayment of Debt	-8.32	-58	-10	-110	-55	-148	-15	-40	-40	-115	-9.51
Repurchase of Common Equity	-	-	0.00	-	-	-	-2.55	-14	-3.91	-	-21
Payment of Dividends	-26	-26	-26	-26	-26	-26	-28	-28	-28	-28	-28
Issuance of Debt	0.11	46	0.08	150	80	51	0.07	100	0.44	366	0.15
Other Financing Activities, net	0.28	0.25	-7.37	-2.33	1.39	2.06	-8.88	-1.67	0.36	0.61	-26
Effect of Exchange Rate Changes	-18	12	3.44	-0.84	-7.79	12	-8.15	-5.14	13	-25	11

This table presents Flowserve's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	4,963	4,709	4,910	4,616	4,938	5,315	4,750	4,791	5,109	5,501
Total Current Assets	2,457	2,298	2,559	2,383	2,507	2,904	2,389	2,451	2,704	2,904
Cash & Equivalents	366	367	703	620	671	1,095	658	435	546	675
Accounts Receivable	986	883	857	792	796	753	739	869	882	977
Inventories, net	979	898	884	634	661	667	678	803	880	837
Prepaid Expenses	126	150	114	109	106	111	117	111	116	116
Other Current Assets	-	-	0.00	229	273	278	196	233	280	299
Plant, Property, & Equipment, net	758	725	672	610	564	0.00	0.00	501	506	540
Total Noncurrent Assets	1,747	1,686	1,680	1,623	1,868	2,410	2,361	1,839	1,899	2,057
Goodwill	1,224	1,205	1,218	1,198	1,193	1,225	1,196	1,168	1,182	1,286
Intangible Assets	229	215	210	191	181	168	152	135	122	189
Noncurrent Deferred & Refundable Income Taxes	70	84	52	45	55	31	44	149	218	222
Other Noncurrent Operating Assets	224	183	200	190	439	986	968	387	376	360
Total Liabilities & Shareholders' Equity	4,963	4,709	4,910	4,616	4,938	5,315	4,750	4,791	5,109	5,501
Total Liabilities	3,299	3,072	3,240	2,955	3,166	3,553	2,912	2,932	3,134	3,449
Total Current Liabilities	1,350	1,178	1,243	1,081	1,117	1,142	1,132	1,243	1,439	1,468
Short-Term Debt	60	85	76	68	11	9.00	41	49	66	44
Accounts Payable	491	412	443	419	448	440	410	477	548	545
Accrued Expenses	799	681	724	391	401	463	445	428	504	561
Current Deferred Revenue	-	-	-	-	-	-	-	257	288	284
Other Current Liabilities	-	-	0.00	202	257	229	236	33	32	34
Total Noncurrent Liabilities	1,948	1,893	1,997	1,875	2,048	2,412	1,781	1,689	1,695	1,981
Long-Term Debt	1,561	1,485	1,500	1,415	1,366	1,718	1,262	1,224	1,167	1,460
Asset Retirement Reserve & Litigation Obligation	388	408	497	460	531	518	352	310	389	371
Other Noncurrent Operating Liabilities	-	-	-	-	152	176	167	155	139	150
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,664	1,637	1,671	1,661	1,772	1,761	1,837	1,859	1,975	2,052
Total Preferred & Common Equity	1,647	1,616	1,655	1,642	1,747	1,731	1,804	1,825	1,936	2,008
Total Common Equity	1,647	1,616	1,655	1,642	1,747	1,731	1,804	1,825	1,936	2,008
Common Stock	716	713	709	716	722	723	727	728	728	723
Retained Earnings	3,566	3,598	3,504	3,543	3,652	3,671	3,691	3,774	3,855	4,026
Treasury Stock	-2,107	-2,079	-2,060	-2,049	-2,052	-2,059	-2,058	-2,037	-2,014	-2,008
Accumulated Other Comprehensive Income / (Loss)	-538	-625	-505	-574	-584	-610	-564	-648	-640	-741
Other Equity Adjustments	10	8.51	6.35	7.12	8.33	6.16	7.21	6.98	7.94	8.17
Noncontrolling Interest	17	21	16	18	26	30	33	34	39	44

This table presents Flowserve's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025
Total Assets	4,506	4,876	4,920	4,965	5,150	5,164	5,275	5,483
Total Current Assets	2,224	2,542	2,579	2,639	2,767	2,816	2,870	2,865
Cash & Equivalents	352	405	423	480	532	515	612	541
Accounts Receivable	770	904	888	869	914	1,032	971	1,044
Inventories, net	779	882	914	916	883	851	862	842
Prepaid Expenses	117	119	127	128	150	130	125	127
Other Current Assets	205	232	228	245	287	288	299	312
Plant, Property, & Equipment, net	473	496	500	492	499	492	502	542
Total Noncurrent Assets	1,809	1,837	1,841	1,834	1,884	1,857	1,902	2,076
Goodwill	1,136	1,174	1,177	1,164	1,173	1,171	1,189	1,303
Intangible Assets	134	128	125	123	119	117	118	185
Noncurrent Deferred & Refundable Income Taxes	45	152	159	171	215	215	216	220
Other Noncurrent Operating Assets	495	383	379	376	376	354	379	368
Total Liabilities & Shareholders' Equity	4,506	4,876	4,920	4,965	5,150	5,164	5,275	5,483
Total Liabilities	2,814	2,996	2,998	3,052	3,154	3,148	3,169	3,354
Total Current Liabilities	1,092	1,322	1,292	1,307	1,474	1,406	1,440	1,382
Short-Term Debt	48	53	56	61	66	66	67	44
Accounts Payable	414	489	493	481	550	557	573	538
Accrued Expenses	383	455	442	462	547	458	472	482
Current Deferred Revenue	-	292	270	271	279	293	294	285
Other Current Liabilities	247	33	32	32	32	32	34	34
Total Noncurrent Liabilities	1,723	1,674	1,706	1,745	1,680	1,742	1,729	1,972
Long-Term Debt	1,232	1,209	1,245	1,266	1,152	1,212	1,173	1,451
Asset Retirement Reserve & Litigation Obligation	335	315	314	340	382	385	398	370
Other Noncurrent Operating Liabilities	155	151	146	139	145	145	158	151
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,692	1,880	1,922	1,913	1,996	2,016	2,106	2,129
Total Preferred & Common Equity	1,657	1,846	1,884	1,874	1,954	1,970	2,054	2,080
Preferred Stock	-	-	-	-	-	-	-	0.00
Total Common Equity	1,657	1,846	1,884	1,874	1,954	1,970	2,054	2,080
Common Stock	728	713	716	722	705	711	718	704
Retained Earnings	3,679	3,774	3,799	3,818	3,901	3,946	3,976	4,072
Treasury Stock	-2,038	-2,017	-2,015	-2,015	-1,992	-2,004	-2,008	-2,010
Accumulated Other Comprehensive Income / (Loss)	-719	-632	-624	-660	-666	-690	-639	-694
Other Equity Adjustments	6.95	6.85	7.82	7.88	6.77	7.98	8.08	8.11
Noncontrolling Interest	35	33	38	39	42	46	51	49

This table displays calculated financial ratios and metrics derived from Flowserve's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-6.56%	-12.45%	-8.26%	4.78%	2.71%	-5.37%	-5.02%	2.09%	19.51%	5.49%
EBITDA Growth	-32.86%	-35.79%	9.86%	-27.21%	53.46%	-24.98%	-6.12%	-14.00%	27.75%	45.79%
EBIT Growth	-39.60%	-43.17%	13.50%	-35.77%	87.32%	-30.76%	-8.17%	-16.18%	44.25%	58.66%
NOPAT Growth	-41.14%	-46.55%	-98.25%	5,013.53%	87.95%	-41.14%	58.36%	-8.35%	20.92%	17.89%
Net Income Growth	-49.17%	-48.67%	-96.81%	2,438.98%	124.72%	-42.95%	-3.33%	45.40%	3.62%	46.80%
EPS Growth	-48.12%	-47.67%	-98.02%	3,900.00%	126.25%	-44.75%	-4.00%	50.00%	-1.39%	50.70%
Operating Cash Flow Growth	-25.86%	-45.44%	29.35%	-38.65%	69.83%	-4.18%	-19.46%	-116.00%	914.23%	30.55%
Free Cash Flow Firm Growth	-90.91%	346.04%	18.47%	-41.50%	93.93%	-23.91%	-110.83%	998.57%	34.44%	-57.93%
Invested Capital Growth	10.30%	-2.68%	-10.49%	-0.73%	-1.80%	-3.46%	12.71%	0.00%	-1.27%	8.17%
Revenue Q/Q Growth	2.39%	-9.46%	-1.00%	-1.14%	1.91%	-2.06%	-1.83%	3.42%	3.01%	0.33%
EBITDA Q/Q Growth	-13.78%	-8.13%	-7.60%	-1.22%	5.78%	-2.81%	-5.13%	2.03%	2.58%	7.93%
EBIT Q/Q Growth	-16.92%	-11.81%	-10.51%	-0.29%	7.82%	-4.46%	-5.21%	3.63%	3.76%	9.14%
NOPAT Q/Q Growth	-16.06%	-10.39%	-98.60%	745.76%	7.65%	6.99%	-5.54%	70.61%	-23.29%	-0.46%
Net Income Q/Q Growth	-24.76%	-4.44%	-97.49%	343.10%	6.84%	-3.69%	-22.77%	114.03%	-21.89%	5.63%
EPS Q/Q Growth	-27.44%	-0.98%	-98.44%	310.53%	6.47%	-4.76%	-24.41%	128.57%	-24.06%	5.42%
Operating Cash Flow Q/Q Growth	-26.01%	-36.83%	28.59%	-28.00%	5.32%	5.22%	-28.00%	-282.03%	62.39%	0.64%
Free Cash Flow Firm Q/Q Growth	-67.34%	-8.77%	-30.08%	-20.99%	127.02%	-35.00%	-108.24%	972.45%	31.63%	-63.25%
Invested Capital Q/Q Growth	-7.21%	-7.27%	-10.85%	-3.10%	-9.19%	-3.99%	10.41%	2.94%	-3.53%	5.38%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	32.42%	30.99%	29.75%	31.05%	32.73%	29.96%	29.64%	27.50%	29.55%	31.47%
EBITDA Margin	13.22%	9.70%	11.61%	8.07%	12.05%	9.56%	9.44%	7.96%	8.50%	11.75%
Operating Margin	11.29%	6.93%	5.11%	5.85%	9.81%	6.71%	7.65%	5.46%	7.72%	10.14%
EBIT Margin	10.43%	6.77%	8.38%	5.14%	9.37%	6.85%	6.63%	5.44%	6.57%	9.88%
Profit (Net Income) Margin	5.79%	3.40%	0.12%	2.86%	6.27%	3.78%	3.85%	5.48%	4.75%	6.61%
Tax Burden Percent	64.02%	63.66%	1.65%	70.24%	76.59%	69.64%	101.94%	128.27%	91.70%	78.01%
Interest Burden Percent	86.71%	78.78%	85.75%	79.41%	87.38%	79.17%	56.94%	78.50%	78.87%	85.80%
Effective Tax Rate	35.98%	36.34%	98.35%	29.76%	23.41%	30.36%	-1.94%	-28.27%	8.30%	21.99%
Return on Invested Capital (ROIC)	11.84%	6.12%	0.11%	6.22%	11.84%	7.16%	10.85%	9.38%	11.41%	13.01%
ROIC Less NNEP Spread (ROIC-NNEP)	5.16%	2.81%	0.23%	0.73%	5.57%	2.16%	-8.18%	2.83%	-1.78%	5.18%
Return on Net Nonoperating Assets (RNNOA)	2.80%	2.09%	0.15%	0.38%	2.55%	0.82%	-3.32%	1.28%	-0.71%	1.95%
Return on Equity (ROE)	14.64%	8.21%	0.26%	6.60%	14.39%	7.97%	7.52%	10.66%	10.70%	14.96%
Cash Return on Invested Capital (CROIC)	2.05%	8.83%	11.19%	6.95%	13.66%	10.67%	-1.11%	9.38%	12.69%	5.16%
Operating Return on Assets (OROA)	9.58%	5.59%	6.38%	4.14%	7.72%	4.98%	4.64%	4.12%	5.73%	8.48%
Return on Assets (ROA)	5.32%	2.80%	0.09%	2.31%	5.17%	2.75%	2.70%	4.15%	4.15%	5.68%
Return on Common Equity (ROCE)	14.53%	8.11%	0.26%	6.53%	14.20%	7.85%	7.39%	10.47%	10.50%	14.65%
Return on Equity Simple (ROE_SIMPLE)	16.03%	8.38%	0.26%	6.69%	14.14%	8.14%	7.46%	10.85%	10.60%	15.00%
Net Operating Profit after Tax (NOPAT)	330	176	3.08	158	296	174	276	253	306	361
NOPAT Margin	7.23%	4.41%	0.08%	4.11%	7.52%	4.68%	7.79%	7.00%	7.08%	7.91%
Net Nonoperating Expense Percent (NNEP)	6.69%	3.30%	-0.12%	5.49%	6.26%	5.00%	19.02%	6.55%	13.19%	7.83%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	8.08%	9.53%	10.14%
Cost of Revenue to Revenue	67.58%	69.01%	70.25%	68.95%	67.27%	70.04%	70.36%	72.50%	70.45%	68.53%
SG&A Expenses to Revenue	21.34%	24.19%	24.63%	25.20%	23.18%	23.56%	22.51%	22.56%	22.25%	21.46%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	21.13%	24.06%	24.63%	25.20%	22.91%	23.24%	22.00%	22.05%	21.83%	21.33%
Earnings before Interest and Taxes (EBIT)	476	270	307	197	369	256	235	197	284	450
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	603	387	425	309	475	356	334	288	367	536
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.79	3.31	2.87	2.66	3.34	2.56	2.06	2.11	2.75	3.76
Price to Tangible Book Value (P/TBV)	23.68	27.14	20.99	17.19	15.66	13.11	7.20	7.39	8.42	14.18
Price to Revenue (P/Rev)	1.01	1.34	1.30	1.14	1.48	1.19	1.06	1.07	1.23	1.66
Price to Earnings (P/E)	17.81	40.33	1,791.51	41.80	24.45	33.94	29.85	20.45	28.48	26.73
Dividend Yield	2.05%	2.32%	2.61%	2.28%	2.13%	2.35%	2.77%	2.71%	1.97%	1.46%
Earnings Yield	5.62%	2.48%	0.06%	2.39%	4.09%	2.95%	3.35%	4.89%	3.51%	3.74%
Enterprise Value to Invested Capital (EV/IC)	2.01	2.31	2.22	2.08	2.65	2.13	1.72	1.75	2.27	2.93
Enterprise Value to Revenue (EV/Rev)	1.29	1.65	1.54	1.37	1.67	1.37	1.31	1.31	1.40	1.85
Enterprise Value to EBITDA (EV/EBITDA)	9.75	16.97	13.26	16.97	13.84	14.28	13.85	16.45	16.46	15.74
Enterprise Value to EBIT (EV/EBIT)	12.35	24.30	18.39	26.65	17.81	19.92	19.74	24.06	21.31	18.73
Enterprise Value to NOPAT (EV/NOPAT)	17.82	37.28	1,830.36	33.33	22.19	29.20	16.78	18.70	19.77	23.38
Enterprise Value to Operating Cash Flow (EV/OCF)	13.33	27.31	18.13	27.51	20.28	16.39	18.52	0.00	18.56	19.82
Enterprise Value to Free Cash Flow (EV/FCFF)	103.06	25.83	18.72	29.80	19.24	19.58	0.00	18.70	17.78	58.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.97	0.96	0.94	0.89	0.78	0.98	0.69	0.69	0.62	0.73
Long-Term Debt to Equity	0.94	0.91	0.90	0.85	0.77	0.98	0.66	0.66	0.59	0.71
Financial Leverage	0.54	0.74	0.63	0.52	0.46	0.38	0.41	0.45	0.40	0.38
Leverage Ratio	2.75	2.93	2.91	2.86	2.78	2.90	2.79	2.58	2.58	2.63
Compound Leverage Factor	2.39	2.31	2.49	2.27	2.43	2.30	1.59	2.03	2.04	2.26
Debt to Total Capital	49.34%	48.96%	48.53%	47.17%	43.73%	49.51%	40.66%	40.66%	38.45%	42.30%
Short-Term Debt to Total Capital	1.84%	2.66%	2.33%	2.17%	0.36%	0.26%	1.58%	1.58%	2.06%	1.24%
Long-Term Debt to Total Capital	47.50%	46.30%	46.20%	45.00%	43.37%	49.25%	39.08%	39.08%	36.38%	41.06%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.53%	0.65%	0.50%	0.59%	0.81%	0.87%	1.07%	1.07%	1.21%	1.24%
Common Equity to Total Capital	50.14%	50.39%	50.97%	52.24%	55.46%	49.62%	58.27%	58.27%	60.34%	56.46%
Debt to EBITDA	2.69	4.06	3.71	4.79	2.90	4.85	3.81	4.43	3.36	2.81
Net Debt to EBITDA	2.08	3.11	2.05	2.79	1.49	1.77	2.51	2.92	1.87	1.55
Long-Term Debt to EBITDA	2.59	3.84	3.53	4.57	2.88	4.82	3.66	4.26	3.18	2.73
Debt to NOPAT	4.92	8.92	511.29	9.41	4.65	9.91	4.61	5.03	4.03	4.17
Net Debt to NOPAT	3.81	6.83	282.97	5.48	2.39	3.62	3.04	3.31	2.25	2.30
Long-Term Debt to NOPAT	4.74	8.43	486.75	8.98	4.61	9.86	4.44	4.84	3.82	4.05
Altman Z-Score	3.35	3.44	3.15	3.27	3.52	2.97	3.08	3.09	3.40	3.75
Noncontrolling Interest Sharing Ratio	0.76%	1.16%	1.13%	1.05%	1.28%	1.58%	1.77%	1.80%	1.89%	2.06%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.82	1.95	2.06	2.20	2.24	2.54	1.97	1.97	1.88	1.98
Quick Ratio	1.00	1.06	1.26	1.31	1.31	1.62	1.05	1.05	0.99	1.13
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	57	254	301	176	342	260	-28	253	340	143
Operating Cash Flow to CapEx	256.79%	278.31%	553.82%	245.27%	970.84%	744.69%	478.49%	-55.67%	498.87%	539.90%
Free Cash Flow to Firm to Interest Expense	0.87	4.23	5.04	3.03	6.21	4.53	-0.27	5.47	5.08	2.06
Operating Cash Flow to Interest Expense	6.75	4.00	5.21	3.28	5.89	5.41	2.41	-0.87	4.87	6.14
Operating Cash Flow Less CapEx to Interest Expense	4.12	2.56	4.27	1.94	5.29	4.68	1.91	-2.42	3.89	5.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.92	0.83	0.76	0.81	0.82	0.73	0.70	0.76	0.87	0.86
Accounts Receivable Turnover	4.41	4.27	4.21	4.65	4.96	4.81	4.37	4.50	4.94	4.90
Inventory Turnover	3.12	2.94	2.89	3.48	4.09	3.93	3.39	3.54	3.62	3.64
Fixed Asset Turnover	6.28	5.38	5.24	5.98	6.71	0.00	0.00	0.00	8.58	8.72
Accounts Payable Turnover	5.58	6.10	6.01	6.14	6.12	5.88	5.43	5.91	5.94	5.71
Days Sales Outstanding (DSO)	82.81	85.45	86.71	78.47	73.56	75.83	83.60	81.17	73.94	74.42
Days Inventory Outstanding (DIO)	116.97	124.35	126.45	104.76	89.15	92.81	107.71	103.16	100.92	100.33
Days Payable Outstanding (DPO)	65.36	59.88	60.68	59.48	59.66	62.04	67.17	61.75	61.43	63.87
Cash Conversion Cycle (CCC)	134.43	149.93	152.47	123.74	103.05	106.60	124.14	122.58	113.43	110.88
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,919	2,841	2,543	2,524	2,479	2,393	2,697	2,697	2,663	2,880
Invested Capital Turnover	1.64	1.39	1.36	1.51	1.58	1.53	1.39	1.34	1.61	1.64
Increase / (Decrease) in Invested Capital	273	-78	-298	-19	-46	-86	304	0.00	-34	218
Enterprise Value (EV)	5,873	6,567	5,639	5,251	6,572	5,089	4,632	4,731	6,046	8,430
Market Capitalization	4,602	5,342	4,751	4,369	5,840	4,427	3,760	3,859	5,319	7,557
Book Value per Share	$12.59	$12.39	$12.67	$12.55	$13.35	$13.29	$14.01	$13.96	$14.76	$15.28
Tangible Book Value per Share	$1.49	$1.51	$1.73	$1.94	$2.85	$2.59	$4.01	$4.00	$4.81	$4.06
Total Capital	3,285	3,208	3,246	3,144	3,150	3,488	3,132	3,132	3,209	3,556
Total Debt	1,621	1,571	1,575	1,483	1,377	1,727	1,273	1,273	1,234	1,504
Total Long-Term Debt	1,561	1,485	1,500	1,415	1,366	1,718	1,224	1,224	1,167	1,460
Net Debt	1,255	1,203	872	863	706	632	839	839	688	829
Capital Expenditures (CapEx)	172	86	56	78	33	42	52	72	65	79
Debt-free, Cash-free Net Working Capital (DFCFNWC)	801	837	688	751	730	676	822	822	786	805
Debt-free Net Working Capital (DFNWC)	1,167	1,205	1,391	1,370	1,401	1,772	1,257	1,257	1,331	1,480
Net Working Capital (NWC)	1,107	1,119	1,316	1,302	1,389	1,763	1,208	1,208	1,265	1,436
Net Nonoperating Expense (NNE)	65	41	-1.25	48	49	33	140	55	101	59
Net Nonoperating Obligations (NNO)	1,255	1,203	872	863	706	632	839	839	688	829
Total Depreciation and Amortization (D&A)	127	117	118	112	106	101	100	91	84	86
Debt-free, Cash-free Net Working Capital to Revenue	17.57%	20.99%	18.79%	19.57%	18.52%	18.14%	23.22%	22.74%	18.19%	17.66%
Debt-free Net Working Capital to Revenue	25.61%	30.19%	38.01%	35.73%	35.55%	47.52%	35.50%	34.77%	30.82%	32.48%
Net Working Capital to Revenue	24.29%	28.05%	35.94%	33.95%	35.26%	47.28%	34.11%	33.41%	29.28%	31.52%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.01	$0.00	$0.02	$0.91	$1.94	$0.89	$0.00	$0.00	$1.42	$2.15
Adjusted Weighted Average Basic Shares Outstanding	130.07M	0.00	130.80M	130.98M	130.90M	130.28M	0.00	0.00	131.12M	131.49M
Adjusted Diluted Earnings per Share	$2.00	$0.00	$0.02	$0.91	$1.93	$0.89	$0.00	$0.00	$1.42	$2.14
Adjusted Weighted Average Diluted Shares Outstanding	130.07M	0.00	130.80M	130.98M	130.90M	130.28M	0.00	0.00	131.93M	132.36M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	130.07M	0.00	130.80M	130.98M	130.90M	130.28M	0.00	0.00	131.23M	131.75M
Normalized Net Operating Profit after Tax (NOPAT)	330	176	131	158	296	174	190	138	306	361
Normalized NOPAT Margin	7.23%	4.41%	3.58%	4.11%	7.52%	4.68%	5.35%	3.82%	7.08%	7.91%
Pre Tax Income Margin	9.05%	5.34%	7.18%	4.08%	8.18%	5.43%	3.77%	4.27%	5.18%	8.47%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.29	4.49	5.14	3.39	6.71	4.45	2.26	4.25	4.24	6.49
NOPAT to Interest Expense	5.05	2.93	0.05	2.71	5.39	3.04	2.66	5.47	4.57	5.20
EBIT Less CapEx to Interest Expense	4.66	3.06	4.19	2.05	6.10	3.73	1.76	2.70	3.26	5.36
NOPAT Less CapEx to Interest Expense	2.42	1.49	-0.89	1.37	4.78	2.31	2.16	3.92	3.59	4.07
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.47%	72.12%	2,292.81%	90.47%	40.32%	73.94%	76.81%	52.80%	51.15%	36.66%
Augmented Payout Ratio	150.48%	72.12%	2,292.81%	90.47%	46.39%	96.73%	89.69%	52.80%	51.15%	43.33%

This table displays calculated financial ratios and metrics derived from Flowserve's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.78%	13.00%	19.40%	22.46%	25.41%	12.15%	10.93%	7.08%	3.50%	1.30%	5.25%
EBITDA Growth	-6.83%	6.18%	210.38%	23.00%	2.18%	9.41%	89.08%	21.95%	53.55%	36.62%	3.92%
EBIT Growth	-5.31%	9.88%	6,681.79%	34.13%	6.91%	13.41%	128.22%	27.37%	72.02%	43.40%	2.16%
NOPAT Growth	-67.73%	155.27%	865.58%	44.68%	284.96%	-49.18%	80.45%	32.62%	-10.76%	-4.68%	19.99%
Net Income Growth	-21.57%	541.89%	319.29%	19.65%	29.43%	-46.03%	159.75%	38.62%	20.45%	23.82%	1.98%
EPS Growth	-23.68%	675.00%	266.67%	14.71%	20.69%	-48.39%	180.00%	41.03%	25.71%	22.92%	0.00%
Operating Cash Flow Growth	-142.45%	-29.83%	199.31%	153.36%	311.86%	180.15%	134.15%	-153.71%	121.02%	1.40%	-180.21%
Free Cash Flow Firm Growth	-227.01%	190.58%	-63.34%	-87.83%	66.82%	-32.36%	181.91%	177.13%	308.54%	-186.53%	-302.98%
Invested Capital Growth	7.26%	0.00%	9.00%	8.39%	5.36%	-1.27%	-1.99%	-0.75%	-0.98%	8.17%	14.94%
Revenue Q/Q Growth	-1.06%	19.03%	-5.65%	10.21%	1.33%	6.44%	-6.67%	6.38%	-2.06%	4.17%	-3.03%
EBITDA Q/Q Growth	-17.32%	30.41%	-28.01%	58.46%	-31.32%	39.64%	24.41%	2.21%	-13.52%	24.25%	-5.37%
EBIT Q/Q Growth	-22.13%	44.81%	-35.81%	85.30%	-37.93%	53.62%	29.17%	3.42%	-16.17%	28.06%	-7.98%
NOPAT Q/Q Growth	-51.89%	777.29%	-75.51%	40.01%	27.99%	15.81%	-13.06%	2.91%	-13.87%	23.71%	9.44%
Net Income Q/Q Growth	-11.85%	207.53%	-76.00%	83.87%	-4.64%	28.24%	15.52%	-1.88%	-17.14%	31.83%	-4.85%
EPS Q/Q Growth	-14.71%	220.69%	-78.49%	95.00%	-10.26%	37.14%	16.67%	-1.79%	-20.00%	34.09%	-5.08%
Operating Cash Flow Q/Q Growth	14.52%	282.26%	-61.73%	-10.50%	239.37%	141.01%	-68.01%	-120.53%	1,496.38%	10.57%	-125.30%
Free Cash Flow Firm Q/Q Growth	-96.90%	231.98%	-186.67%	16.60%	65.21%	368.99%	4.97%	-21.47%	-5.95%	-211.62%	-146.22%
Invested Capital Q/Q Growth	1.42%	2.94%	1.50%	2.29%	-1.42%	-3.53%	0.75%	3.59%	-1.65%	5.38%	7.06%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	27.45%	28.42%	30.28%	29.87%	29.02%	29.14%	31.17%	31.64%	31.51%	31.53%	32.27%
EBITDA Margin	8.63%	9.46%	7.22%	10.38%	7.03%	9.23%	12.30%	11.82%	10.44%	12.45%	12.15%
Operating Margin	2.77%	10.14%	5.83%	8.95%	6.42%	9.39%	10.40%	10.49%	9.11%	10.57%	11.52%
EBIT Margin	6.06%	7.37%	5.02%	8.43%	5.17%	7.46%	10.32%	10.03%	8.58%	10.55%	10.02%
Profit (Net Income) Margin	4.66%	12.03%	3.06%	5.11%	4.80%	5.79%	7.16%	6.61%	5.59%	7.08%	6.94%
Tax Burden Percent	95.72%	193.12%	87.07%	72.14%	127.01%	94.41%	79.46%	76.22%	77.17%	79.00%	81.75%
Interest Burden Percent	80.26%	84.48%	70.07%	83.92%	73.23%	82.24%	87.39%	86.43%	84.39%	84.86%	84.79%
Effective Tax Rate	4.28%	-93.12%	12.93%	27.86%	-27.01%	5.59%	20.54%	23.78%	22.83%	21.00%	18.25%
Return on Invested Capital (ROIC)	3.67%	26.24%	7.30%	9.52%	12.71%	14.30%	13.50%	12.90%	11.62%	13.72%	15.08%
ROIC Less NNEP Spread (ROIC-NNEP)	5.88%	16.89%	4.80%	7.82%	8.58%	9.59%	11.95%	10.95%	9.41%	11.75%	11.62%
Return on Net Nonoperating Assets (RNNOA)	2.67%	7.66%	2.06%	3.63%	4.23%	3.82%	4.76%	4.56%	3.46%	4.42%	4.62%
Return on Equity (ROE)	6.33%	33.90%	9.37%	13.16%	16.94%	18.12%	18.26%	17.47%	15.08%	18.15%	19.70%
Cash Return on Invested Capital (CROIC)	-1.15%	9.38%	2.80%	4.05%	9.60%	12.69%	14.67%	13.84%	14.17%	5.16%	-0.79%
Operating Return on Assets (OROA)	4.19%	5.59%	3.95%	7.05%	4.58%	6.51%	9.11%	8.96%	7.62%	9.07%	8.69%
Return on Assets (ROA)	3.22%	9.12%	2.41%	4.27%	4.26%	5.05%	6.33%	5.90%	4.96%	6.08%	6.03%
Return on Common Equity (ROCE)	6.21%	33.29%	9.19%	12.90%	16.59%	17.78%	17.91%	17.10%	14.74%	17.77%	19.26%
Return on Equity Simple (ROE_SIMPLE)	5.58%	0.00%	13.09%	13.31%	14.02%	0.00%	12.95%	13.93%	13.88%	0.00%	14.56%
Net Operating Profit after Tax (NOPAT)	23	203	50	70	89	103	90	92	80	99	108
NOPAT Margin	2.66%	19.57%	5.08%	6.45%	8.15%	8.87%	8.26%	7.99%	7.03%	8.35%	9.42%
Net Nonoperating Expense Percent (NNEP)	-2.21%	9.35%	2.51%	1.71%	4.13%	4.70%	1.55%	1.95%	2.21%	1.98%	3.46%
Return On Investment Capital (ROIC_SIMPLE)	-	6.49%	-	-	-	3.22%	-	-	-	2.77%	2.97%
Cost of Revenue to Revenue	72.55%	71.58%	69.72%	70.13%	70.98%	70.86%	68.83%	68.36%	68.49%	68.47%	67.73%
SG&A Expenses to Revenue	25.33%	18.64%	24.92%	21.30%	23.03%	20.15%	21.00%	20.63%	22.86%	21.35%	21.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	24.67%	18.28%	24.45%	20.93%	22.60%	19.75%	20.77%	21.16%	22.41%	20.96%	20.75%
Earnings before Interest and Taxes (EBIT)	53	77	49	91	57	87	112	116	97	125	115
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	75	98	71	112	77	108	134	137	118	147	139
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.85	2.11	2.36	2.54	2.74	2.75	3.05	3.21	3.31	3.76	3.09
Price to Tangible Book Value (P/TBV)	7.89	7.39	7.99	8.21	8.73	8.42	9.02	9.28	9.08	14.18	10.87
Price to Revenue (P/Rev)	0.88	1.07	1.15	1.20	1.22	1.23	1.35	1.41	1.49	1.66	1.39
Price to Earnings (P/E)	36.38	20.45	18.81	20.11	20.88	28.48	25.48	24.77	25.35	26.73	22.78
Dividend Yield	3.42%	2.71%	2.41%	2.19%	2.56%	1.97%	1.78%	1.70%	1.61%	1.46%	1.72%
Earnings Yield	2.75%	4.89%	5.32%	4.97%	4.79%	3.51%	3.92%	4.04%	3.94%	3.74%	4.39%
Enterprise Value to Invested Capital (EV/IC)	1.54	1.75	1.91	2.03	2.18	2.27	2.50	2.57	2.73	2.93	2.41
Enterprise Value to Revenue (EV/Rev)	1.15	1.31	1.39	1.43	1.43	1.40	1.51	1.59	1.64	1.85	1.61
Enterprise Value to EBITDA (EV/EBITDA)	14.27	16.45	15.62	15.98	16.79	16.46	15.56	15.69	15.05	15.74	13.75
Enterprise Value to EBIT (EV/EBIT)	21.19	24.06	21.26	21.12	21.99	21.31	19.31	19.22	18.11	18.73	16.44
Enterprise Value to NOPAT (EV/NOPAT)	27.12	18.70	17.50	17.48	15.08	19.77	19.52	19.56	20.62	23.38	19.68
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	392.60	69.69	29.97	18.56	18.53	21.98	17.68	19.82	23.76
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	18.70	71.32	52.21	23.27	17.78	16.84	18.50	19.19	58.92	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.76	0.69	0.67	0.68	0.69	0.62	0.61	0.63	0.59	0.73	0.70
Long-Term Debt to Equity	0.73	0.66	0.64	0.65	0.66	0.59	0.58	0.60	0.56	0.71	0.68
Financial Leverage	0.45	0.45	0.43	0.46	0.49	0.40	0.40	0.42	0.37	0.38	0.40
Leverage Ratio	2.90	2.58	2.61	2.59	2.63	2.58	2.59	2.56	2.55	2.63	2.58
Compound Leverage Factor	2.33	2.18	1.83	2.17	1.92	2.12	2.26	2.21	2.15	2.24	2.19
Debt to Total Capital	43.08%	40.66%	40.18%	40.37%	40.96%	38.45%	37.91%	38.79%	37.06%	42.30%	41.26%
Short-Term Debt to Total Capital	1.61%	1.58%	1.70%	1.73%	1.89%	2.06%	2.07%	2.02%	2.00%	1.24%	1.22%
Long-Term Debt to Total Capital	41.46%	39.08%	38.48%	38.64%	39.08%	36.38%	35.84%	36.78%	35.06%	41.06%	40.04%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.17%	1.07%	1.06%	1.17%	1.21%	1.21%	1.31%	1.40%	1.53%	1.24%	1.37%
Common Equity to Total Capital	55.76%	58.27%	58.76%	58.47%	57.83%	60.34%	60.78%	59.80%	61.41%	56.46%	57.38%
Debt to EBITDA	4.54	4.43	3.76	3.65	3.71	3.36	2.83	2.81	2.50	2.81	2.76
Net Debt to EBITDA	3.29	2.92	2.56	2.46	2.37	1.87	1.60	1.68	1.27	1.55	1.76
Long-Term Debt to EBITDA	4.37	4.26	3.60	3.49	3.54	3.18	2.68	2.66	2.36	2.73	2.68
Debt to NOPAT	8.63	5.03	4.21	3.99	3.33	4.03	3.55	3.50	3.42	4.17	3.96
Net Debt to NOPAT	6.26	3.31	2.86	2.70	2.12	2.25	2.00	2.09	1.73	2.30	2.53
Long-Term Debt to NOPAT	8.31	4.84	4.04	3.82	3.18	3.82	3.36	3.32	3.24	4.05	3.84
Altman Z-Score	2.91	3.00	3.06	3.22	3.29	3.27	3.43	3.55	3.59	3.56	3.43
Noncontrolling Interest Sharing Ratio	1.91%	1.80%	1.89%	1.91%	2.05%	1.89%	1.95%	2.13%	2.25%	2.06%	2.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.04	1.97	1.92	2.00	2.02	1.88	1.88	2.00	1.99	1.98	2.07
Quick Ratio	1.03	1.05	0.99	1.01	1.03	0.99	0.98	1.10	1.10	1.13	1.15
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-154	203	-176	-147	-51	138	144	113	107	-119	-293
Operating Cash Flow to CapEx	-257.22%	228.12%	173.57%	143.57%	515.98%	982.25%	457.44%	-87.08%	747.42%	684.05%	-425.40%
Free Cash Flow to Firm to Interest Expense	-13.30	15.75	-10.87	-8.88	-2.96	8.15	9.43	6.70	6.43	-5.81	-15.28
Operating Cash Flow to Interest Expense	-3.29	5.38	1.64	1.44	4.68	11.53	4.06	-0.76	10.76	9.64	-2.60
Operating Cash Flow Less CapEx to Interest Expense	-4.57	3.02	0.70	0.44	3.77	10.35	3.18	-1.62	9.32	8.23	-3.22
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.69	0.76	0.79	0.84	0.89	0.87	0.88	0.89	0.89	0.86	0.87
Accounts Receivable Turnover	4.72	4.50	4.62	4.89	5.12	4.94	4.87	4.69	4.94	4.90	4.71
Inventory Turnover	3.42	3.54	3.36	3.39	3.49	3.62	3.52	3.56	3.53	3.64	3.65
Fixed Asset Turnover	7.09	0.00	7.53	8.05	8.69	8.58	8.89	9.08	9.13	8.72	8.86
Accounts Payable Turnover	6.44	5.91	5.93	6.09	6.61	5.94	5.99	5.99	5.96	5.71	5.79
Days Sales Outstanding (DSO)	77.32	81.17	79.03	74.60	71.31	73.94	74.96	77.77	73.93	74.42	77.43
Days Inventory Outstanding (DIO)	106.60	103.16	108.75	107.71	104.48	100.92	103.65	102.55	103.34	100.33	99.93
Days Payable Outstanding (DPO)	56.66	61.75	61.50	59.98	55.19	61.43	60.95	60.98	61.25	63.87	62.99
Cash Conversion Cycle (CCC)	127.26	122.58	126.27	122.33	120.60	113.43	117.65	119.35	116.02	110.88	114.37
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,620	2,697	2,738	2,800	2,760	2,663	2,683	2,779	2,733	2,880	3,084
Invested Capital Turnover	1.38	1.34	1.44	1.48	1.56	1.61	1.63	1.61	1.65	1.64	1.60
Increase / (Decrease) in Invested Capital	177	0.00	226	217	140	-34	-55	-21	-27	218	401
Enterprise Value (EV)	4,022	4,731	5,242	5,696	6,012	6,046	6,696	7,142	7,470	8,430	7,439
Market Capitalization	3,059	3,859	4,350	4,781	5,126	5,319	5,967	6,333	6,791	7,557	6,434
Book Value per Share	$12.68	$13.96	$14.08	$14.37	$14.28	$14.76	$14.86	$14.96	$15.64	$15.28	$15.79
Tangible Book Value per Share	$2.96	$4.00	$4.15	$4.44	$4.48	$4.81	$5.03	$5.18	$5.69	$4.06	$4.49
Total Capital	2,972	3,132	3,142	3,223	3,241	3,209	3,215	3,294	3,345	3,556	3,625
Total Debt	1,280	1,273	1,263	1,301	1,328	1,234	1,219	1,278	1,240	1,504	1,495
Total Long-Term Debt	1,232	1,224	1,209	1,245	1,266	1,167	1,152	1,212	1,173	1,460	1,451
Net Debt	928	839	858	878	847	688	687	763	628	829	955
Capital Expenditures (CapEx)	15	30	15	17	16	20	14	15	24	29	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	828	822	869	920	912	786	827	961	885	805	986
Debt-free Net Working Capital (DFNWC)	1,180	1,257	1,274	1,343	1,393	1,331	1,359	1,476	1,496	1,480	1,527
Net Working Capital (NWC)	1,132	1,208	1,221	1,287	1,332	1,265	1,292	1,409	1,429	1,436	1,483
Net Nonoperating Expense (NNE)	-17	78	20	15	37	36	12	16	16	15	28
Net Nonoperating Obligations (NNO)	928	839	858	878	847	688	687	763	628	829	955
Total Depreciation and Amortization (D&A)	22	22	22	21	20	21	22	21	21	22	24
Debt-free, Cash-free Net Working Capital to Revenue	23.69%	22.74%	23.03%	23.17%	21.75%	18.19%	18.67%	21.33%	19.47%	17.66%	21.37%
Debt-free Net Working Capital to Revenue	33.76%	34.77%	33.75%	33.81%	33.21%	30.82%	30.69%	32.77%	32.94%	32.48%	33.08%
Net Working Capital to Revenue	32.39%	33.41%	32.34%	32.41%	31.75%	29.28%	29.19%	31.29%	31.47%	31.52%	32.13%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.29	$0.93	$0.20	$0.39	$0.35	$0.48	$0.56	$0.55	$0.44	$0.60	$0.56
Adjusted Weighted Average Basic Shares Outstanding	130.70M	130.63M	130.93M	131.17M	131.18M	131.12M	131.51M	131.66M	131.40M	131.49M	131.57M
Adjusted Diluted Earnings per Share	$0.29	$0.93	$0.20	$0.39	$0.35	$0.48	$0.56	$0.55	$0.44	$0.59	$0.56
Adjusted Weighted Average Diluted Shares Outstanding	131.40M	131.32M	131.75M	131.17M	132.03M	131.93M	132.37M	132.42M	132.25M	132.36M	132.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	130.70M	0.00	131.15M	131.17M	131.21M	131.23M	131.65M	131.37M	131.38M	131.75M	130.73M
Normalized Net Operating Profit after Tax (NOPAT)	23	74	50	70	49	103	90	92	80	99	108
Normalized NOPAT Margin	2.66%	7.09%	5.08%	6.45%	4.49%	8.87%	8.26%	7.99%	7.03%	8.35%	9.42%
Pre Tax Income Margin	4.86%	6.23%	3.51%	7.08%	3.78%	6.13%	9.02%	8.67%	7.24%	8.96%	8.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.57	5.93	3.03	5.50	3.27	5.14	7.33	6.86	5.86	6.08	5.98
NOPAT to Interest Expense	2.00	15.75	3.07	4.21	5.17	6.12	5.87	5.47	4.80	4.81	5.62
EBIT Less CapEx to Interest Expense	3.29	3.57	2.09	4.50	2.37	3.97	6.44	5.99	4.42	4.67	5.37
NOPAT Less CapEx to Interest Expense	0.72	13.39	2.13	3.21	4.26	4.95	4.98	4.60	3.36	3.40	5.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	112.91%	52.80%	43.30%	41.78%	39.91%	51.15%	42.03%	39.26%	38.26%	36.66%	36.46%
Augmented Payout Ratio	112.91%	52.80%	43.30%	41.78%	39.91%	51.15%	43.04%	45.15%	45.29%	43.33%	49.22%

Frequently Asked Questions About Flowserve's Financials

When does Flowserve's financial year end?

According to the most recent income statement we have on file, Flowserve's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Flowserve's net income changed over the last 9 years?

Flowserve's net income appears to be on an upward trend, with a most recent value of $301.23 million in 2024, rising from $264.02 million in 2015. The previous period was $205.19 million in 2023. Check out Flowserve's forecast to explore projected trends and price targets.

What is Flowserve's operating income?

Flowserve's total operating income in 2024 was $462.28 million, based on the following breakdown:

Total Gross Profit: $1.43 billion
Total Operating Expenses: $971.97 million

How has Flowserve revenue changed over the last 9 years?

Over the last 9 years, Flowserve's total revenue changed from $4.56 billion in 2015 to $4.56 billion in 2024, a change of 0.0%.

How much debt does Flowserve have?

Flowserve's total liabilities were at $3.45 billion at the end of 2024, a 10.1% increase from 2023, and a 4.6% increase since 2015.

How much cash does Flowserve have?

In the past 9 years, Flowserve's cash and equivalents has ranged from $366.44 million in 2015 to $1.10 billion in 2020, and is currently $675.44 million as of their latest financial filing in 2024.

How has Flowserve's book value per share changed over the last 9 years?

Over the last 9 years, Flowserve's book value per share changed from 12.59 in 2015 to 15.28 in 2024, a change of 21.4%.

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This page (NYSE:FLS) was last updated on 5/7/2025 by MarketBeat.com Staff

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Flowserve (FLS) Financials

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Flowserve (FLS) Financials

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