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Complete financial analysis of Flowserve Corporation (FLS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Flowserve Corporation, a leading company in the Industrial – Machinery industry within the Industrials sector.
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Flowserve Corporation (FLS)
About Flowserve Corporation
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.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.32B | 3.62B | 3.54B | 3.73B | 3.94B | 3.83B | 3.66B | 3.99B | 4.56B | 4.88B | 4.95B | 4.75B | 4.51B | 4.03B | 4.37B | 4.47B | 3.76B | 3.06B | 2.70B | 2.64B | 2.40B | 2.25B | 1.92B | 1.54B | 1.06B | 1.08B | 1.15B | 605.45M | 532.73M | 345.39M | 313.90M | 300.40M | 296.50M | 296.80M | 281.00M | 230.90M | 182.10M | 144.30M | 146.00M |
| Cost of Revenue | 3.02B | 2.62B | 2.49B | 2.61B | 2.65B | 2.64B | 2.58B | 2.76B | 3.07B | 3.16B | 3.27B | 3.17B | 3.00B | 2.62B | 2.82B | 2.89B | 2.51B | 2.05B | 1.83B | 1.86B | 1.68B | 1.57B | 1.30B | 974.34M | 658.30M | 628.50M | 664.30M | 361.35M | 317.31M | 217.25M | 184.00M | 177.10M | 174.10M | 173.40M | 168.80M | 134.30M | 110.70M | 93.30M | 91.40M |
| Gross Profit | 1.30B | 994.30M | 1.05B | 1.12B | 1.30B | 1.19B | 1.09B | 1.23B | 1.49B | 1.71B | 1.69B | 1.58B | 1.51B | 1.41B | 1.55B | 1.58B | 1.25B | 1.01B | 861.83M | 778.82M | 722.42M | 685.53M | 614.55M | 563.95M | 403.00M | 454.60M | 487.90M | 244.10M | 215.42M | 128.14M | 129.90M | 123.30M | 122.40M | 123.40M | 112.20M | 96.60M | 71.40M | 51.00M | 54.60M |
| Gross Profit Ratio | 30.04% | 27.50% | 29.64% | 29.96% | 32.84% | 30.99% | 29.65% | 30.85% | 32.61% | 35.15% | 34.07% | 33.27% | 33.56% | 34.96% | 35.46% | 35.33% | 33.16% | 32.91% | 31.98% | 29.52% | 30.05% | 30.45% | 32.05% | 36.66% | 37.97% | 41.97% | 42.35% | 40.32% | 40.44% | 37.10% | 41.38% | 41.05% | 41.28% | 41.58% | 39.93% | 41.84% | 39.21% | 35.34% | 37.40% |
| Research & Development | 48.70M | 39.90M | 34.20M | 36.10M | 42.00M | 39.60M | 38.60M | 42.80M | 45.90M | 40.90M | 37.80M | 38.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 24.80M | 25.60M | 26.40M | 26.90M | 15.48M | 14.97M | 9.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 943.71M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 961.17M | 815.55M | 797.08M | 878.25M | 899.81M | 943.71M | 903.86M | 965.32M | 971.61M | 936.90M | 966.83M | 922.13M | 914.08M | 844.99M | 934.45M | 984.40M | 856.50M | 782.50M | 671.74M | 623.04M | 539.78M | 476.92M | 410.56M | 335.51M | 275.90M | 265.60M | 285.90M | 147.22M | 137.35M | 85.35M | 88.10M | 81.40M | 78.40M | 74.10M | 67.50M | 57.50M | 48.80M | 39.00M | 37.00M |
| Other Expenses | -45.58M | -559.00K | -36.14M | -10.25M | -17.62M | -19.57M | -16.11M | 3.30M | -40.17M | 2.00M | -14.28M | -21.65M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 964.29M | 815.55M | 797.08M | 878.25M | 899.81M | 943.71M | 903.86M | 965.32M | 971.61M | 936.90M | 966.83M | 922.13M | 894.97M | 844.99M | 934.45M | 984.40M | 837.81M | 767.68M | 671.74M | 623.04M | 559.55M | 493.10M | 410.56M | 417.34M | 341.10M | 331.30M | 351.80M | 169.25M | 152.15M | 96.86M | 99.90M | 93.20M | 88.30M | 83.00M | 75.10M | 65.20M | 56.10M | 44.90M | 42.90M |
| Cost & Expenses | 3.99B | 3.44B | 3.29B | 3.49B | 3.55B | 3.59B | 3.48B | 3.73B | 4.05B | 4.10B | 4.23B | 4.09B | 3.89B | 3.47B | 3.75B | 3.88B | 3.35B | 2.82B | 2.51B | 2.48B | 2.24B | 2.06B | 1.71B | 1.39B | 999.40M | 959.80M | 1.02B | 530.60M | 469.45M | 314.10M | 283.90M | 270.30M | 262.40M | 256.40M | 243.90M | 199.50M | 166.80M | 138.20M | 134.30M |
| Interest Income | 6.99M | 3.96M | 2.76M | 4.18M | 8.41M | 6.47M | 3.43M | 2.80M | 2.07M | 1.68M | 1.43M | 954.00K | 1.58M | 1.58M | 3.25M | 8.39M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 66.92M | 46.25M | 57.62M | 57.39M | 54.98M | 58.16M | 59.73M | 60.14M | 65.27M | 60.32M | 54.41M | 43.52M | 36.18M | 34.30M | 40.01M | 51.29M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 83.75M | 90.95M | 99.82M | 100.75M | 105.90M | 112.47M | 118.45M | 116.75M | 127.09M | 110.28M | 106.39M | 107.23M | 104.82M | 101.29M | 95.45M | 81.44M | 79.46M | 72.71M | 73.48M | 78.21M | 77.59M | 70.46M | 80.59M | 57.04M | 39.60M | 39.30M | 39.00M | 20.09M | 19.09M | 14.02M | -11.80M | -11.80M | -9.90M | -8.90M | -7.60M | 7.70M | 7.30M | 5.90M | 5.90M |
| EBITDA | 374.42M | 291.58M | 385.19M | 351.06M | 501.12M | 372.46M | 325.97M | 389.80M | 631.89M | 870.15M | 838.36M | 762.31M | 728.76M | 665.87M | 720.05M | 721.13M | 409.92M | 239.62M | 272.31M | 244.28M | 248.64M | 254.52M | 209.75M | 203.64M | 101.50M | 162.60M | 175.10M | 100.72M | 82.37M | 45.30M | 41.50M | 41.90M | 44.00M | 49.30M | 45.50M | 41.60M | 23.00M | 12.70M | 17.50M |
| EBITDA Ratio | 8.67% | 8.07% | 9.47% | 9.25% | 12.71% | 9.25% | 8.19% | 10.03% | 13.47% | 18.53% | 17.23% | 16.04% | 16.08% | 16.56% | 16.32% | 15.71% | 12.85% | 10.02% | 11.12% | 9.52% | 11.19% | 12.73% | 17.99% | 16.69% | 12.21% | 18.43% | 18.06% | 16.63% | 16.41% | 13.12% | 13.22% | 16.15% | 14.84% | 17.79% | 16.19% | 18.02% | 12.63% | 8.80% | 11.99% |
| Operating Income | 333.55M | 197.22M | 270.76M | 250.28M | 406.04M | 247.54M | 335.42M | 277.46M | 525.57M | 789.83M | 760.28M | 675.78M | 618.68M | 581.35M | 629.52M | 612.87M | 409.92M | 239.62M | 190.09M | 155.78M | 159.99M | 188.08M | 142.15M | 146.61M | 61.90M | 123.30M | 136.10M | 69.07M | 58.23M | 31.28M | 53.30M | 60.30M | 53.90M | 61.70M | 53.10M | 33.90M | 15.70M | 6.80M | 11.60M |
| Operating Income Ratio | 7.72% | 5.46% | 7.65% | 6.71% | 10.29% | 6.46% | 9.16% | 6.95% | 11.52% | 16.19% | 15.34% | 14.22% | 13.72% | 14.42% | 14.42% | 13.70% | 10.89% | 7.83% | 7.05% | 5.90% | 6.65% | 8.35% | 7.41% | 9.53% | 5.83% | 11.38% | 11.81% | 11.41% | 10.93% | 9.06% | 16.98% | 20.07% | 18.18% | 20.79% | 18.90% | 14.68% | 8.62% | 4.71% | 7.95% |
| Total Other Income/Expenses | -109.80M | -42.84M | -137.17M | -47.99M | -64.19M | -51.43M | -78.13M | -63.77M | -102.30M | -56.64M | -67.26M | -64.21M | -30.92M | -51.08M | -44.73M | -22.74M | -49.85M | -52.34M | -106.82M | -84.93M | -79.72M | -107.41M | -153.23M | -123.42M | -43.60M | -50.10M | -46.30M | -4.87M | -8.11M | -4.35M | -3.60M | -9.50M | -22.80M | -7.00M | -4.80M | -6.70M | -4.30M | -2.40M | -1.70M |
| Income Before Tax | 223.75M | 154.38M | 133.59M | 186.81M | 341.85M | 176.27M | 263.01M | 223.42M | 422.20M | 733.19M | 693.02M | 611.57M | 587.76M | 530.28M | 584.79M | 590.13M | 360.07M | 187.28M | -83.27M | 59.62M | 73.84M | 92.07M | 25.63M | 23.18M | 18.30M | 73.20M | 89.80M | 64.15M | 50.12M | 26.94M | 26.40M | 20.60M | 31.10M | 33.40M | 32.30M | 24.70M | 11.00M | 3.70M | 10.00M |
| Income Before Tax Ratio | 5.18% | 4.27% | 3.77% | 5.01% | 8.67% | 4.60% | 7.18% | 5.60% | 9.26% | 15.03% | 13.99% | 12.87% | 13.03% | 13.15% | 13.40% | 13.19% | 9.57% | 6.12% | -3.09% | 2.26% | 3.07% | 4.09% | 1.34% | 1.51% | 1.72% | 6.76% | 7.79% | 10.60% | 9.41% | 7.80% | 8.41% | 6.86% | 10.49% | 11.25% | 11.49% | 10.70% | 6.04% | 2.56% | 6.85% |
| Income Tax Expense | 18.56M | -43.64M | -2.59M | 60.03M | 80.07M | 51.22M | 258.68M | 75.29M | 148.92M | 208.31M | 204.70M | 160.77M | 158.52M | 141.60M | 156.46M | 147.72M | 104.29M | 73.24M | 37.09M | 39.47M | 20.95M | 31.67M | 9.28M | 7.88M | 6.10M | 25.50M | 38.20M | 20.90M | 19.45M | 9.78M | 9.90M | 7.40M | 11.50M | 12.50M | 12.60M | 9.70M | 4.80M | 1.70M | 4.10M |
| Net Income | 186.74M | 188.69M | 125.95M | 130.42M | 253.67M | 119.67M | 2.65M | 145.06M | 267.67M | 518.82M | 485.53M | 448.34M | 428.58M | 388.29M | 427.89M | 442.41M | 255.77M | 115.03M | 11.84M | 24.20M | 98.31M | 53.03M | -1.50M | 13.24M | 12.20M | 48.90M | 51.60M | 43.25M | 30.67M | 17.16M | 16.10M | -7.90M | 19.60M | 20.90M | 19.70M | 15.00M | 6.20M | 2.00M | 5.90M |
| Net Income Ratio | 4.32% | 5.22% | 3.56% | 3.50% | 6.43% | 3.12% | 0.07% | 3.63% | 5.87% | 10.64% | 9.80% | 9.44% | 9.50% | 9.63% | 9.80% | 9.89% | 6.80% | 3.76% | 0.44% | 0.92% | 4.09% | 2.36% | -0.08% | 0.86% | 1.15% | 4.51% | 4.48% | 7.14% | 5.76% | 4.97% | 5.13% | -2.63% | 6.61% | 7.04% | 7.01% | 6.50% | 3.40% | 1.39% | 4.04% |
| EPS | 1.42 | 1.44 | 0.97 | 1.00 | 1.82 | 0.91 | 0.02 | 1.02 | 1.94 | 3.75 | 3.43 | 2.86 | 2.57 | 2.32 | 2.55 | 2.61 | 1.51 | 0.69 | 0.10 | 0.16 | 0.27 | 0.16 | -0.01 | 0.12 | 0.11 | 0.41 | 0.42 | 0.59 | 0.41 | 0.30 | 0.19 | -0.14 | 0.23 | 0.25 | 0.23 | 0.13 | 0.06 | 0.02 | 0.06 |
| EPS Diluted | 1.42 | 1.44 | 0.96 | 1.00 | 1.81 | 0.91 | 0.02 | 1.01 | 1.93 | 3.72 | 3.41 | 2.84 | 2.55 | 2.29 | 2.53 | 2.58 | 1.49 | 0.67 | 0.10 | 0.16 | 0.27 | 0.16 | -0.01 | 0.12 | 0.11 | 0.41 | 0.42 | 0.59 | 0.41 | 0.30 | 0.19 | -0.14 | 0.23 | 0.25 | 0.23 | 0.13 | 0.06 | 0.02 | 0.06 |
| Weighted Avg Shares Out | 131.51M | 130.63M | 130.31M | 130.40M | 131.03M | 130.82M | 130.57M | 130.43M | 133.07M | 136.91M | 141.60M | 156.85M | 166.63M | 167.29M | 167.52M | 169.80M | 169.39M | 167.52M | 165.23M | 165.21M | 165.41M | 152.36M | 113.74M | 113.53M | 113.57M | 119.69M | 122.69M | 73.39M | 74.21M | 57.44M | 56.83M | 56.66M | 56.46M | 55.98M | 55.87M | 53.25M | 47.24M | 46.92M | 46.91M |
| Weighted Avg Shares Out (Dil) | 131.93M | 131.32M | 130.86M | 131.05M | 131.72M | 131.27M | 131.18M | 130.98M | 133.81M | 137.84M | 142.43M | 157.97M | 168.31M | 169.25M | 169.09M | 171.54M | 172.05M | 170.84M | 170.74M | 166.95M | 165.41M | 152.36M | 115.40M | 113.53M | 113.57M | 121.46M | 122.77M | 73.39M | 74.21M | 57.44M | 56.83M | 56.66M | 56.46M | 55.98M | 55.87M | 53.25M | 47.24M | 46.92M | 46.91M |
Here's Why Flowserve (FLS) is a Strong Momentum Stock
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Flowserve (FLS) Up 5.8% Since Last Earnings Report: Can It Continue?
Flowserve (FLS) reported earnings 30 days ago. What's next for the stock?
Why Flowserve (FLS) is a Top Growth Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here's Why Flowserve (FLS) is a Strong Value Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here's Why Flowserve (FLS) is a Strong Momentum Stock
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
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Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX , March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the ...
Source: https://incomestatements.info
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