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Flowserve Corp Stock Research

FLS

31.02USD-0.33(-1.05%)Market Closed

Market Summary

USD31.02-0.33
Market Closed
-1.05%

FLS Alerts

FLS Stock Price

FLS RSI Chart

FLS Valuation

Market Cap

4.1B

Price/Earnings (Trailing)

21.49

Price/Sales (Trailing)

1.12

Price/Free Cashflow

-101.33

FLS Price/Sales (Trailing)

FLS Profitability

Return on Equity

10.15%

Return on Assets

3.94%

Free Cashflow Yield

-0.99%

FLS Fundamentals

FLS Revenue

Revenue (TTM)

3.6B

Revenue Y/Y

12.99%

Revenue Q/Q

19.03%

FLS Earnings

Earnings (TTM)

188.7M

Earnings Y/Y

626.53%

Earnings Q/Q

215.96%

Price Action

52 Week Range

23.8937.03
(Low)(High)

Last 7 days

-7.8%

Last 30 days

-13.4%

Last 90 days

4.1%

Trailing 12 Months

-3.2%

FLS Financial Health

Current Ratio

1.97

FLS Investor Care

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

1.44

Peers (Alternatives to Flowserve)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.3B
15.9B
-4.56% 11.77%
23.16
4.41
10.22% 12.62%
21.7B
5.9B
-7.82% 9.45%
35.84
3.66
14.83% 7.50%
17.5B
5.5B
-9.89% 14.00%
49.32
3.17
6.29% -16.86%
16.5B
3.2B
-4.80% 13.07%
28.15
5.19
15.09% 30.60%
11.4B
2.1B
-6.77% -1.61%
24.78
5.33
7.84% 4.72%
MID-CAP
7.8B
3.4B
-1.96% 20.78%
21.96
2.29
10.23% 12.47%
6.8B
3.0B
-14.00% 4.81%
18.5
2.27
8.05% 16.03%
4.1B
3.6B
-13.45% -3.25%
21.49
1.12
2.09% 49.85%
SMALL-CAP
1.2B
125.6M
-4.27% 16.06%
51.42
9.85
20.87% 68.54%
612.4M
521.0M
-16.41% -33.72%
54.71
1.18
37.72% -62.50%
135.9M
254.5M
-11.06% -31.43%
14.75
0.53
9.95% 139.59%
106.4M
273.9M
-12.26% -29.53%
-21.7
0.39
29.46% -7.17%
54.9M
491.1M
-41.74% -56.95%
-4.02
0.11
1.00% -108.69%

Financials for Flowserve

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.4%3,6153,4963,4893,5053,541
Gross Profit2.9%9949669801,0081,050
  S&GA Expenses0.8%816809789805797
EBITDA-346----
EBITDA Margin-0.10*----
EBT Margin-0.05*----
Interest Expenses2.5%46.0045.0048.0052.0058.00
Net Income124.5%18984.0095.0096.00126
Net Income Margin117.1%0.05*0.02*0.03*0.03*-
Free Cahsflow-282.0%-40.01-10.47117187-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets6.3%4,7914,5064,5834,7034,750
  Current Assets10.2%2,4512,2242,2812,3772,389
    Cash Equivalents23.6%435352458576658
  Inventory3.0%803779749722678
  Net PPE-2.9%473487507516-
  Goodwill2.9%1,1681,1361,1631,1861,196
  Current Liabilities13.9%1,2431,0921,0921,1481,132
    LT Debt, Current3.6%48.0046.0045.0041.00-
    LT Debt, Non Current-0.7%1,2241,2321,2421,2521,262
Shareholder's Equity12.2%1,8591,6571,7541,7911,804
  Retained Earnings2.6%3,7743,6793,6673,6493,691
  Additional Paid-In Capital0.1%507507500496506
Accumulated Depreciation-1.3%1,1351,1511,1611,192-
Shares Outstanding0.0%131131130--
Minority Interest-2.9%34.0035.0032.0036.0033.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-282.0%-40.01-10.47117187250
  Share Based Compensation-13.8%26.0030.0030.0031.0029.00
Cashflow From Investing90.8%-6.09-66.41-64.63-62.21-59.48
Cashflow From Financing84.8%-150-983-186-188-599
  Dividend Payments0.1%105104105104105
  Buy BacksNaN%0.000.000.0012.0018.00

Risks for FLS

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

58.9%


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

Returns for FLS

Cumulative Returns on FLS

-3.9%


10-Year Cumulative Returns

-3.0%


7-Year Cumulative Returns

-4.8%


5-Year Cumulative Returns

9.4%


3-Year Cumulative Returns

What are the long-term rolling returns for FLS?

FIve years rolling returns for Flowserve.

Annualized Returns

Which funds bought or sold FLS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.02
183,602
882,602
-%
2023-03-06
Rockefeller Capital Management L.P.
added
1,032
279,000
300,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-4.33
2,687,000
15,614,000
0.02%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
126,000
605,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-35.92
-87,925
371,075
0.01%
2023-02-21
MACQUARIE GROUP LTD
added
22.26
-26,000
70,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
unchanged
-
11,998
58,998
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-12.92
63,327
699,327
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
added
79.46
23,505
48,505
-%
2023-02-15
Point72 Middle East FZE
new
-
424,857
424,857
0.02%

1–10 of 46

Latest Funds Activity

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

Flowserve News

Stock Traders Daily

Trading Flowserve $FLS With Integrated Risk Controls.

Stock Traders Daily,
35 minutes ago

Investor's Business Daily

Zacks Investment Research

Business Insider

Schedule 13G FIlings of Flowserve

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Feb 10, 2022
vanguard group inc
9.48%
12,353,613
SC 13G/A

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

-84.56%

6.82

-78.01%

8.69

-71.99%

11.58

-62.67%

15.88

-48.81%
Current Inflation

9.24

-70.21%

13.49

-56.51%

17.51

-43.55%

21.92

-29.34%

24.89

-19.76%
Very High Inflation

4.27

-86.23%

5.95

-80.82%

7.39

-76.18%

9.12

-70.60%

12.09

-61.03%

Historical Flowserve Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Flowserve

View All Filings
Date Filed Form Type Document
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 09, 2023
4
Insider Trading
Mar 07, 2023
10-K
Annual Report
Mar 01, 2023
NT 10-K
NT 10-K
Feb 23, 2023
4/A
Insider Trading
Feb 23, 2023
4/A
Insider Trading
Feb 23, 2023
4/A
Insider Trading
Feb 23, 2023
4/A
Insider Trading
Feb 23, 2023
4/A
Insider Trading

Latest Insider Trading transactions for FLS

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-20
Hudson Susan Claire
acquired
-
-
512
chief legal officer
2023-02-20
Rowe Robert Scott
acquired
-
-
21,787
president & ceo
2023-02-20
Burger Elizabeth
sold (taxes)
-39,048
35.89
-1,088
chief human resources officer
2023-02-20
Hudson Susan Claire
sold (taxes)
-5,060
35.89
-141
chief legal officer
2023-02-20
Wilson Kirk
sold (taxes)
-28,747
35.89
-801
president, fcd
2023-02-20
Wilson Kirk
acquired
-
-
2,388
president, fcd
2023-02-20
Gillespie Keith E.
acquired
-
-
2,274
svp, chief sales officer
2023-02-20
Gillespie Keith E.
sold (taxes)
-19,883
35.89
-554
svp, chief sales officer
2023-02-20
Burger Elizabeth
acquired
-
-
2,841
chief human resources officer
2023-02-20
Schwetz Amy B
sold (taxes)
-160,464
35.89
-4,471
chief financial 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

2022-12-31
Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Sales$ 3,615,120$ 3,541,060$ 3,728,134
Cost of sales(2,620,825)(2,491,335)(2,611,365)
Gross profit994,2951,049,7251,116,769
Selling, general and administrative expense(815,545)(797,076)(878,245)
Gain on sale of business01,8060
Net earnings from affiliates18,46916,30411,753
Operating income197,219270,759250,277
Interest expense(46,247)(57,617)(56,185)
Loss on extinguishment of debt0(46,176)(1,201)
Interest income3,9632,7644,175
Other income (expense), net(559)(36,142)5,226
Earnings before income taxes154,376133,588202,292
(Provision for) benefit from income taxes43,6392,594(61,417)
Net earnings, including noncontrolling interests198,015136,182140,875
Less: Net earnings attributable to noncontrolling interests(9,326)(10,233)(10,455)
Net earnings attributable to Flowserve Corporation$ 188,689$ 125,949$ 130,420
Net earnings per share attributable to Flowserve Corporation common shareholders:   
Basic (in dollars per share)$ 1.44$ 0.97$ 1.00
Diluted (in dollars per share)$ 1.44$ 0.96$ 1.00
Weighted average shares - basic (in shares)130,630130,305130,395
Weighted average shares - diluted (in shares)131,315130,857131,050

FLS Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 434,971$ 658,452
Accounts receivable, net868,632739,210
Contract assets, net233,457195,598
Inventories, net803,198678,287
Prepaid expenses and other110,714117,130
Total current assets2,450,9722,388,677
Property, plant and equipment, net500,945515,927
Operating lease right-of-use assets, net174,980193,863
Goodwill1,168,1241,196,479
Deferred taxes149,29044,049
Other intangible assets, net134,503152,463
Other assets, net211,820258,310
Total assets4,790,6344,749,768
Current liabilities:  
Accounts payable476,747410,062
Accrued liabilities427,578445,092
Contract liabilities256,963202,965
Debt due within one year49,33541,058
Operating lease liabilities32,52832,628
Total current liabilities1,243,1511,131,805
Long-term debt due after one year1,224,1511,261,770
Operating lease liabilities155,196166,786
Retirement obligations and other liabilities309,529352,062
Commitments and contingencies (See Note 15)
Shareholders’ equity:  
Common shares, $1.25 par value, Shares authorized - 305,000, Shares issued - 176,793 and 176,793, respectively220,991220,991
Capital in excess of par value507,484506,386
Retained earnings3,774,2093,691,023
Treasury shares, at cost — 46,359 and 46,794 shares, respectively(2,036,882)(2,057,706)
Deferred compensation obligation6,9797,214
Accumulated other comprehensive loss(647,788)(563,589)
Total Flowserve Corporation shareholders’ equity1,824,9931,804,319
Noncontrolling interests33,61433,026
Total equity1,858,6071,837,345
Total liabilities and equity$ 4,790,634$ 4,749,768