Grufity logoGrufity logo

FLS

30.45USD-0.80(-2.56%)Market Closed

Flowserve Corp

Market Summary

USD30.45-0.80Market Closed
-2.56%

FLS Stock Price

RSI Chart

Valuation

Market Cap

3.7B

Price/Earnings

39.27

Price/Sales

1.07

Price/Cashflow

31.91

MarketCap/EBT

21.25

Price/Sales

Profitability

EBT Margin

4.98%

Return on Equity

5.55%

Return on Assets

2.08%

Fundamentals

Revenue

Revenue (TTM)

3.5B

Revenue Y/Y

0.78%

Revenue Q/Q

-1.06%

Earnings

Earnings (TTM)

84.1M

Earnings Y/Y

-22.87%

Earnings Q/Q

-14.24%

Price Action

52 Week Range

23.8937.59
(Low)(High)

Last 7 days

-1.2%

Last 30 days

1.6%

Last 90 days

0.7%

Trailing 12 Months

0.0%

Financial Health

Current Ratio

2.09

Debt/Equity

0.82

Debt/Cashflow

0.17

Investor Care

Dividend Yield

2.65%

Dividend/Share (TTM)

0.76

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

0.64

Peers (Alternatives to Flowserve)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.8B
15.6B
2.99% -5.12%
24.83
4.2
9.75% 0.33%
20.3B
5.7B
-0.36% -10.12%
30.76
3.68
4.14% 61.55%
18.5B
5.3B
3.63% -7.00%
43.88
3.54
1.79% 9.35%
16.8B
3.1B
5.03% 0.81%
29.23
5.45
15.80% 33.34%
11.7B
2.1B
-0.84% -11.65%
25.73
5.5
10.93% 4.69%
MID-CAP
7.0B
3.3B
1.11% 3.12%
21.11
2.12
15.86% 16.00%
6.4B
2.8B
6.19% -18.68%
18.69
2.25
5.38% 424.65%
3.7B
3.5B
1.64% -0.04%
39.27
1.07
133.23% -49.15%
SMALL-CAP
1.4B
116.9M
16.87% 5.68%
120.09
13.3
20.80% 25.11%
716.8M
469.2M
-1.51% -38.19%
32.77
1.72
27.97% -49.16%
179.1M
251.1M
-1.81% -14.80%
22.12
0.74
14.10% 117.40%
102.3M
491.1M
-11.44% -62.21%
-6.91
0.21
1.00% -108.69%
93.4M
234.3M
-2.17% -28.57%
-8.35
0.4
24.07% -1085.30%

Financials for Flowserve

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue0.2%3,4963,4892,8262,1621,499
Gross Profit-1.4%9669801,0081,0501,078
  S&GA Expenses2.6%809789805797813
Net Income-11.9%849596126165
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.7%4,5064,5834,7034,7505,596
  Current Assets-2.5%2,2242,2812,3772,3893,223
    Cash Equivalents-23.2%3524585766581,457
  Inventory4.1%779749722678698
  Current Liabilities0.0%1,0921,0921,1481,1321,909
    LT Debt, Current3.6%48464541837
    LT Debt, Non Current-0.8%1,2321,2421,2521,2621,272
Shareholder's Equity-3.7%1,6571,7211,7551,8041,760
  Additional Paid-In Capital0.8%500496506501-
Accumulated Depreciation-1.3%1,1351,1511,1611,1921,117
Shares Outstanding0.0%131131130130-
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-108.9%-10.47117187250347
  Share Based Compensation-0.9%3030312927
Cashflow From Investing-2.7%-66.41-64.63-62.21-59.48-47.75
Cashflow From Financing-428.0%-983.83-186.32-188.17-599.71241
  Dividend Payments-0.2%104105104105105
  Buy BacksNaN%00121818
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on FLS?

78.8%


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

53.5%


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.

Returns

Cumulative Returns on FLS

-2.5%


10-Year Cumulative Returns

-2.5%


7-Year Cumulative Returns

-4.4%


5-Year Cumulative Returns

-12.0%


3-Year Cumulative Returns

What are the long-term rolling returns for FLS?

FIve years rolling returns for Flowserve.

Which funds bought or sold FLS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
REDUCED
-0.56
-41,000
222,000
0.23%
2022-11-23
Eagle Bay Advisors LLC
ADDED
1.35
-7,047
44,000
0.03%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
479,000
479,000
0.01%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.72
-798,000
4,014,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-55,000
-
-%
2022-11-16
Retirement Systems of Alabama
REDUCED
-0.58
-769,000
4,158,000
0.02%
2022-11-15
JANE STREET GROUP, LLC
NEW
-
378,000
378,000
-%
2022-11-15
ALLIANCEBERNSTEIN L.P.
REDUCED
-1.42
-947,000
4,853,000
-%
2022-11-15
Verdence Capital Advisors LLC
ADDED
0.66
-46,000
270,000
0.04%
2022-11-15
PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO
UNCHANGED
-
-79,000
442,000
-%

1–10 of 48

Latest Funds Activity

Are funds buying FLS calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own FLS

Flowserve News

Marketscreener.com

EnerSys Welcomes Tamara Morytko to its Board Of Directors.44 minutes ago

FLS Fair Value

Flowserve fair value in different scenarios

The table shows the Fair Value estimates for Flowserve for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

4.79

-84.27%

6.82

-77.60%

8.69

-71.46%

11.58

-61.97%

15.88

-47.85%

Current Inflation

4.56

-85.02%

6.44

-78.85%

8.12

-73.33%

10.46

-65.65%

14.14

-53.56%

Very High Inflation

4.27

-85.98%

5.95

-80.46%

7.39

-75.73%

9.12

-70.05%

12.09

-60.30%

Historical Flowserve Fair Value Estimates


Recent SEC filings of Flowserve

View All Filings
Date Filed Form Type Document
Nov 07, 2022
4
Insider Trading
Oct 31, 2022
8-K
Current Report
Oct 31, 2022
10-Q
Quarterly Report
Sep 13, 2022
8-K
Current Report

Latest Insider Trading transactions for FLS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-05-15
Wilson Kirk
SOLD (Taxes)
-8,298.3
29.85
-278
President, FCD
2022-05-15
Wilson Kirk
ACQUIRED
-
-
278
President, FCD
2022-05-13
DELLY GAYLA J
ACQUIRED
149,997
29.12
5,151
-
2022-05-12
FRIEDERY JOHN R
ACQUIRED
149,997
29.12
5,151
-
2022-02-28
Rowe Robert Scott
SOLD (Taxes)
-279,677
30.37
-9,209
President & CEO
2022-02-28
Rowe Robert Scott
ACQUIRED
-
-
24,854
President & CEO
2022-02-27
Burger Elizabeth
ACQUIRED
-
-
2,979
Chief Human Resources Officer
2022-02-27
Gillespie Keith E.
ACQUIRED
-
-
2,555
SVP, Chief Sales Officer
2022-02-27
Minnix Lanesha
ACQUIRED
-
-
2,555
SVP, Chief Legal Officer
2022-02-27
Gillespie Keith E.
SOLD (Taxes)
-18,596.6
29.85
-623
SVP, Chief Sales Officer

1–10 of 50

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.

FLS Income Statement

2022-09-30
Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Sales$ 872,881$ 866,118$ 2,576,161$ 2,621,604
Cost of sales(633,304)(612,626)(1,877,108)(1,838,974)
Gross profit239,577253,492699,053782,630
Selling, general and administrative expense(221,142)(200,862)(621,956)(609,965)
Gain on sale of business  01,806
Net earnings from affiliates5,7824,73214,82111,157
Operating income24,21757,36291,918185,628
Interest expense(11,582)(14,746)(33,337)(45,847)
Loss on extinguishment of debt0(563)0(8,173)
Interest income1,1418272,9381,893
Other income (expense), net28,676(1,504)28,152(20,717)
Earnings before income taxes42,45241,37689,671112,784
(Provision for) benefit from income taxes(1,817)10,433(16,618)3,929
Net earnings, including noncontrolling interests40,63551,80973,053116,713
Less: Net earnings attributable to noncontrolling interests(2,235)(2,024)(5,694)(7,495)
Net earnings attributable to Flowserve Corporation$ 38,400$ 49,785$ 67,359$ 109,218
Net earnings per share attributable to Flowserve Corporation common shareholders:    
Basic (in dollars per share)$ 0.29$ 0.38$ 0.52$ 0.84
Diluted (in dollars per share)$ 0.29$ 0.38$ 0.51$ 0.83
Weighted average shares - basic (in shares)130,703,000130,242,000130,604,000130,325,000
Weighted average shares - diluted (in shares)131,402,000130,789,000131,233,000130,867,000

FLS Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 351,870$ 658,452
Accounts receivable, net of allowance for expected credit losses of $82,101 and $74,336, respectively770,152739,210
Contract assets, net of allowance for expected credit losses of $3,999 and $2,393, respectively205,236195,598
Inventories, net779,449678,287
Prepaid expenses and other117,077117,130
Total current assets2,223,7842,388,677
Property, plant and equipment, net of accumulated depreciation of $1,135,437 and $1,191,823, respectively473,224515,927
Operating lease right-of-use assets, net173,442193,863
Goodwill1,135,5381,196,479
Deferred taxes44,83344,049
Other intangible assets, net134,105152,463
Other assets, net of allowance for expected credit losses of $66,210 and $67,696, respectively321,062258,310
Total assets4,505,9884,749,768
Current liabilities:  
Accounts payable414,372410,062
Accrued liabilities382,535445,092
Contract liabilities216,094202,965
Debt due within one year47,96241,058
Operating lease liabilities30,72332,628
Total current liabilities1,091,6861,131,805
Long-term debt due after one year1,232,2481,261,770
Operating lease liabilities155,328166,786
Retirement obligations and other liabilities334,967352,062
Commitments and contingencies (See Note 10)
Shareholders’ equity:  
Common shares, $1.25 par value, Shares authorized - 305,000, Shares issued - 176,793220,991220,991
Capital in excess of par value506,744506,386
Retained earnings3,678,8173,691,023
Treasury shares, at cost – 46,376 and 46,794 shares, respectively(2,037,758)(2,057,706)
Deferred compensation obligation6,9507,214
Accumulated other comprehensive loss(718,619)(563,589)
Total Flowserve Corporation shareholders’ equity1,657,1251,804,319
Noncontrolling interests34,63433,026
Total equity1,691,7591,837,345
Total liabilities and equity$ 4,505,988$ 4,749,768