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Flowserve Corp Stock Research

FLS

38.91USD-0.86(-2.16%)Market Closed
Watchlist

Market Summary

USD38.91-0.86
Market Closed
-2.16%

FLS Stock Price

FLS RSI Chart

FLS Valuation

Market Cap

5.1B

Price/Earnings (Trailing)

21.47

Price/Sales (Trailing)

1.28

Price/Free Cashflow

62.44

FLS Price/Sales (Trailing)

FLS Profitability

Return on Equity

12.53%

Return on Assets

4.74%

Free Cashflow Yield

1.6%

FLS Fundamentals

FLS Revenue

Revenue (TTM)

4.0B

Revenue Y/Y

22.46%

Revenue Q/Q

10.21%

FLS Earnings

Earnings (TTM)

237.7M

Earnings Y/Y

14.35%

Earnings Q/Q

91.3%

Price Action

52 Week Range

23.8941.02
(Low)(High)

Last 7 days

2.2%

Last 30 days

0.9%

Last 90 days

7.0%

Trailing 12 Months

61.7%

FLS Financial Health

Current Ratio

1.92

FLS Investor Care

Dividend Yield

2.06%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.39%

Diluted EPS (TTM)

1.81

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for FLS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-05-25
FRIEDERY JOHN R
acquired
149,977
33.68
4,453
-
2023-05-25
DELLY GAYLA J
acquired
149,977
33.68
4,453
-
2023-05-25
Okray Thomas B
acquired
149,977
33.68
4,453
-
2023-05-25
McMurray Michael C.
acquired
149,977
33.68
4,453
-
2023-05-23
Hudson Susan Claire
acquired
-
-
723
chief legal officer
2023-05-23
Hudson Susan Claire
sold (taxes)
-6,088
34.4
-177
chief legal officer
2023-05-15
Wilson Kirk
sold (taxes)
-10,034
35.21
-285
president, fcd
2023-02-20
Rowe Robert Scott
sold (taxes)
-307,721
35.89
-8,574
president & ceo
2023-02-20
Rowe Robert Scott
acquired
-
-
21,787
president & ceo
2023-02-20
Wilson Kirk
acquired
-
-
2,388
president, fcd

1–10 of 50

Which funds bought or sold FLS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
unchanged
-
112
1,244
-%
2023-09-21
Jefferies Group LLC
new
-
221,981
221,981
-%
2023-09-20
BARCLAYS PLC
added
182
2,779,000
4,109,000
-%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
9,576
112,936
0.03%
2023-08-28
DT Investment Partners, LLC
unchanged
-
1,377
13,114
-%
2023-08-22
COMERICA BANK
new
-
25,000
25,000
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-2.62
358,361
5,953,030
0.01%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.91
142,000
813,000
0.01%
2023-08-21
JOHN G ULLMAN & ASSOCIATES INC
reduced
-4.24
278,266
6,287,270
0.97%
2023-08-21
OSAIC HOLDINGS, INC.
added
82.57
542,899
1,088,500
-%

1–10 of 47

Latest Funds Activity

Are funds buying FLS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FLS
No. of Funds

Schedule 13G FIlings of Flowserve

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 10, 2023
fmr llc
-
0
SC 13G/A
Feb 13, 2023
edgepoint investment group inc.
0%
0
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
first eagle investment management, llc
8.42%
11,008,936
SC 13G/A
Feb 06, 2023
wellington management group llp
8.35%
10,907,736
SC 13G
Feb 03, 2023
blackrock inc.
8.6%
11,229,159
SC 13G/A
Jan 10, 2023
vanguard group inc
10.01%
13,078,791
SC 13G/A
Jul 11, 2022
fmr llc
-
0
SC 13G
Feb 14, 2022
caisse de depot et placement du quebec
3.5%
4,509,536
SC 13G/A
Feb 11, 2022
edgepoint investment group inc.
8.4%
10,972,988
SC 13G/A

Recent SEC filings of Flowserve

View All Filings
Date Filed Form Type Document
Sep 20, 2023
8-K
Current Report
Aug 11, 2023
4
Insider Trading
Aug 11, 2023
4
Insider Trading
Aug 11, 2023
4
Insider Trading
Aug 10, 2023
SC 13G/A
Major Ownership Report
Aug 01, 2023
8-K
Current Report
Aug 01, 2023
10-Q
Quarterly Report
Jul 21, 2023
UPLOAD
UPLOAD
Jul 18, 2023
CORRESP
CORRESP
Jul 05, 2023
CORRESP
CORRESP

Peers (Alternatives to Flowserve)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
69.6B
16.1B
-7.23% 25.25%
22.43
4.33
5.86% 17.15%
24.3B
6.5B
-8.83% 45.85%
40.13
4.1
16.93% 6.34%
18.9B
6.1B
-12.04% 3.61%
42.99
3.12
15.93% 12.85%
15.6B
-
-9.05% 4.19%
26.63
5.23
15.09% 14.53%
14.6B
2.2B
-7.52% 21.36%
29.93
6.72
5.84% 14.37%
MID-CAP
8.0B
3.2B
-3.67% 48.78%
18.88
2.54
11.48% 25.05%
7.3B
3.4B
-6.45% 20.02%
19.71
2.11
7.89% 16.35%
5.1B
4.0B
0.91% 61.73%
21.47
1.28
13.86% 149.05%
SMALL-CAP
1.2B
106.9M
-21.71% -5.31%
113.37
11.19
-0.30% -11.09%
861.3M
631.3M
1.48% 37.25%
39.79
1.36
51.20% -1.04%
185.3M
269.0M
-3.58% 14.43%
19.15
0.69
15.38% 145.94%
94.5M
285.3M
-1.06% -15.70%
-39.11
0.33
21.74% 78.41%
87.5M
497.6M
-10.58% 3.33%
-2.26
0.18
3.44% -162.21%

Flowserve News

MarketBeat
FDx Advisors Inc. Invests $233000 in Flowserve Co. (NYSE:FLS).
MarketBeat,
13 hours ago
InvestorsObserver
Clayton County Register
finanznachrichten.de
Flowserve Reaffirms FY23 Outlook.
finanznachrichten.de,
4 days ago
Investor's Business Daily
ITT Sees Its Composite Rating Rise To 96.
Investor's Business Daily,
4 days ago

Returns for FLS

Cumulative Returns on FLS

-2.8%


10-Year Cumulative Returns

-0.9%


7-Year Cumulative Returns

-4.4%


5-Year Cumulative Returns

15.8%


3-Year Cumulative Returns

Risks for FLS

What is the probability of a big loss on FLS?

85.4%


Probability that Flowserve stock will be more than 20% underwater in next one year

66.5%


Probability that Flowserve stock will be more than 30% underwater in next one year.

19.6%


Probability that Flowserve stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does FLS drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Flowserve was unfortunately bought at previous high price.

Drawdowns

Financials for Flowserve

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue5.2%3,9733,7743,6153,4963,4893,5053,5413,6073,6653,6923,7283,8113,8823,9473,9403,8583,8153,7993,8333,8803,811
Gross Profit6.7%1,1541,0819949669801,0081,0501,0781,1101,1011,1171,1711,2191,2671,2891,2621,2371,2051,1881,1701,129
  S&GA Expenses4.2%889854816809789805797813813831878923953947913914925943967933897
EBITDA-------346351350349345341342343344345345346---
EBITDA Margin-------0.10*0.10*0.10*0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.09*0.09*---
Interest Expenses10.6%57.0052.0046.0045.0048.0052.0058.0063.0061.0060.0056.0052.0053.0054.0055.0057.0056.0057.0058.0059.0060.00
EBT Margin-------0.05*0.05*0.05*0.05*0.05*0.05*0.05*0.04*0.04*0.05*0.05*0.05*---
Net Income2.8%23823118984.0095.0096.00126165172132130147151199239229198157120-49.40-30.00
Net Income Margin-100.0%-0.06*0.05*0.02*0.03*0.03*0.04*0.05*0.05*0.03*0.03*0.03*0.04*0.05*0.06*------
Free Cashflow-100.0%-13.00-40.01-10.47117187250346352300311285284322313------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.9%4,9204,8764,7914,5064,5834,7034,7505,5964,8194,8105,3155,1744,7784,7624,9384,7644,8214,8464,6494,6054,651
  Current Assets1.5%2,5792,5422,4512,2242,2812,3772,3893,2232,4412,4492,9042,8062,4312,4262,5072,3962,4092,4372,3832,3252,373
    Cash Equivalents4.5%4234054353524585766581,4576306591,095921562622671546596638620530517
  Inventory3.6%914882803779749722678698690672667714684684661687681680634656675
  Net PPE0.7%500496501473487507516513526535557551547551564576590588610609626
  Goodwill0.3%1,1771,1741,1681,1361,1631,1861,1961,2031,2131,2091,2251,2051,1881,1801,1931,1781,1951,1921,1981,2041,207
  Current Liabilities-2.2%1,2921,3221,2431,0921,0921,1481,1321,9091,0701,0841,1421,0941,0901,1061,1171,0481,0591,1211,0811,0401,053
    LT Debt, Current4.5%56.0053.0049.0048.0046.0045.0041.0083710.008.009.009.009.009.0011.00------
    LT Debt, Non Current3.0%1,2451,2091,2241,2321,2421,2521,2621,2721,3071,3081,7181,7011,3731,3571,3661,3501,3861,3921,4151,4371,455
Shareholder's Equity0.3%1,8841,8801,8251,6571,7541,7911,8371,7911,7711,7421,7611,6721,6461,6401,7721,7231,7121,7081,6321,6311,642
  Retained Earnings0.7%3,7993,7743,7743,6793,6673,6493,6913,7013,6773,6583,6713,6403,6103,6623,6523,6513,6083,5753,5433,5053,502
  Additional Paid-In Capital0.6%495492507507500496506501494489502500499498501500493488495489483
Accumulated Depreciation-3.8%1,1391,1841,1731,1351,1511,1611,1921,1171,1081,0881,0931,0691,0351,0071,013989992968957952983
Shares Outstanding0.2%131131-131131130-130130130-----------
Minority Interest12.5%38.0033.0034.0035.0032.0036.0033.0032.0030.0030.0030.0030.0028.0026.0026.0025.0023.0021.0018.0018.0020.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations512.2%82.0013.00-40.01-10.47117187250347352299311295295333324308297350191265208
  Share Based Compensation0.2%25.0024.0026.0030.0030.0031.0029.0027.0025.0023.0027.0025.0027.0031.0024.0028.0027.0024.0020.0017.0015.00
Cashflow From Investing3.9%-9.92-10.32-6.09-66.41-64.63-62.21-59.48-47.75-47.28-45.97-41.70-61.54-66.68-67.17-33.38-36.39-35.59-40.00-81.47-44.11-9.01
Cashflow From Financing32.7%-104-155-150-983-186-188-599241-249-236148143-238-253-231-235-172-170-173-182-190
  Dividend Payments0.1%10510510510410510410510510410510410310210110010010010099.0099.0099.00
  Buy Backs------12.0018.0018.0018.005.0032.0042.0047.0047.0015.005.00-----

FLS Income Statement

2023-06-30
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Sales$ 1,080,376$ 882,222$ 2,060,681$ 1,703,280
Cost of sales(757,616)(632,393)(1,441,090)(1,243,803)
Gross profit322,760249,829619,591459,477
Selling, general and administrative expense(230,082)(194,606)(474,359)(400,816)
Net earnings from affiliates3,9705,1098,6039,039
Operating income96,64860,332153,83567,700
Interest expense(16,554)(11,062)(32,766)(21,755)
Interest income1,9078543,4011,797
Other income (expense), net(5,543)7,589(13,562)(524)
Earnings before income taxes76,45857,713110,90847,218
Provision for income taxes(21,304)(11,618)(25,757)(14,800)
Net earnings, including noncontrolling interests55,15446,09585,15132,418
Less: Net earnings attributable to noncontrolling interests(3,951)(1,318)(7,181)(3,458)
Net earnings attributable to Flowserve Corporation$ 51,203$ 44,777$ 77,970$ 28,960
Net earnings per share attributable to Flowserve Corporation common shareholders:    
Basic (in dollars per share)$ 0.39$ 0.34$ 0.59$ 0.22
Diluted (in dollars per share)$ 0.39$ 0.34$ 0.59$ 0.22
Weighted average shares - basic (in shares)131,171,000130,666,000131,051,000130,554,000
Weighted average shares - diluted (in shares)131,810,000131,245,000131,782,000131,148,000

FLS Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 422,837$ 434,971
Accounts receivable, net of allowance for expected credit losses of $84,358 and $83,062, respectively887,867868,632
Contract assets, net of allowance for expected credit losses of $4,420 and $5,819, respectively227,636233,457
Inventories, net914,288803,198
Prepaid expenses and other126,756110,714
Total current assets2,579,3842,450,972
Property, plant and equipment, net of accumulated depreciation of $1,139,149 and $1,172,957, respectively500,075500,945
Operating lease right-of-use assets, net164,391174,980
Goodwill1,177,1311,168,124
Deferred taxes158,835149,290
Other intangible assets, net125,216134,503
Other assets, net of allowance for expected credit losses of $66,857 and $66,377, respectively214,983211,820
Total assets4,920,0154,790,634
Current liabilities:  
Accounts payable492,623476,747
Accrued liabilities441,520427,578
Contract liabilities269,725256,963
Debt due within one year55,78149,335
Operating lease liabilities32,44032,528
Total current liabilities1,292,0891,243,151
Long-term debt due after one year1,245,2531,224,151
Operating lease liabilities146,255155,196
Retirement obligations and other liabilities314,408309,529
Contingencies (See Note 10)
Shareholders’ equity:  
Common shares, $1.25 par value, Shares authorized - 305,000, Shares issued - 176,793220,991220,991
Capital in excess of par value495,281507,484
Retained earnings3,798,9843,774,209
Treasury shares, at cost – 45,894 and 46,359 shares, respectively(2,014,932)(2,036,882)
Deferred compensation obligation7,8156,979
Accumulated other comprehensive loss(623,687)(647,788)
Total Flowserve Corporation shareholders’ equity1,884,4521,824,993
Noncontrolling interests37,55833,614
Total equity1,922,0101,858,607
Total liabilities and equity$ 4,920,015$ 4,790,634
Robert S. Rowe
16000
Flowserve 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.