Flowserve (FLS)
Market Price (3/6/2026): $82.18 | Market Cap: $10.5 BilSector: Industrials | Industry: Industrial Machinery & Supplies & Components
Flowserve (FLS)
Market Price (3/6/2026): $82.18Market Cap: $10.5 BilSector: IndustrialsIndustry: Industrial Machinery & Supplies & Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% | Key risksFLS key risks include [1] significant dependence on the cyclical capital spending of the oil, Show more. |
| Low stock price volatilityVol 12M is 48% | |
| Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11% |
| Low stock price volatilityVol 12M is 48% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, and Sustainable Infrastructure. Themes include Water Treatment & Delivery, Wastewater Management, Show more. |
| Key risksFLS key risks include [1] significant dependence on the cyclical capital spending of the oil, Show more. |
Qualitative Assessment
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Flowserve (FLS) stock has gained about 15% since 11/30/2025 because of the following key factors:
1. Strong Q4 2025 Earnings Beat and Robust 2026 Guidance.
Flowserve reported adjusted earnings per share (EPS) of $1.11 for the fourth quarter of 2025, significantly exceeding analysts' consensus estimates of $0.94 by $0.17. While quarterly revenue of $1.22 billion slightly missed estimates, it still represented a 3.5% year-over-year increase. Further boosting investor confidence, the company initiated strong full-year 2026 adjusted EPS guidance ranging from $4.00 to $4.20, projecting a 13% increase at the midpoint compared to full-year 2025 adjusted EPS.
2. Strategic Acquisition and Expanded Market Position.
Flowserve announced an agreement to acquire the Valves Division of Trillium Flow Technologies. This strategic move is anticipated to enhance Flowserve's competitiveness in the fluid control market, expand its product portfolio, and increase its market share in the global valves sector, thereby fostering future revenue growth. The acquisition is expected to close by mid-2026 and be neutral to 2026 adjusted EPS.
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1. Strong Q4 2025 Earnings Beat and Robust 2026 Guidance.
Flowserve reported adjusted earnings per share (EPS) of $1.11 for the fourth quarter of 2025, significantly exceeding analysts' consensus estimates of $0.94 by $0.17. While quarterly revenue of $1.22 billion slightly missed estimates, it still represented a 3.5% year-over-year increase. Further boosting investor confidence, the company initiated strong full-year 2026 adjusted EPS guidance ranging from $4.00 to $4.20, projecting a 13% increase at the midpoint compared to full-year 2025 adjusted EPS.
2. Strategic Acquisition and Expanded Market Position.
Flowserve announced an agreement to acquire the Valves Division of Trillium Flow Technologies. This strategic move is anticipated to enhance Flowserve's competitiveness in the fluid control market, expand its product portfolio, and increase its market share in the global valves sector, thereby fostering future revenue growth. The acquisition is expected to close by mid-2026 and be neutral to 2026 adjusted EPS.
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Stock Movement Drivers
Fundamental Drivers
The 14.4% change in FLS stock from 11/30/2025 to 3/5/2026 was primarily driven by a 46.1% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3052026 | Change |
|---|---|---|---|
| Stock Price ($) | 71.14 | 81.37 | 14.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,687 | 4,729 | 0.9% |
| Net Income Margin (%) | 9.7% | 7.3% | -24.2% |
| P/E Multiple | 20.5 | 29.9 | 46.1% |
| Shares Outstanding (Mil) | 130 | 127 | 2.4% |
| Cumulative Contribution | 14.4% |
Market Drivers
11/30/2025 to 3/5/2026| Return | Correlation | |
|---|---|---|
| FLS | 14.4% | |
| Market (SPY) | -0.3% | 62.8% |
| Sector (XLI) | 12.0% | 67.0% |
Fundamental Drivers
The 52.7% change in FLS stock from 8/31/2025 to 3/5/2026 was primarily driven by a 25.1% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3052026 | Change |
|---|---|---|---|
| Stock Price ($) | 53.29 | 81.37 | 52.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,646 | 4,729 | 1.8% |
| Net Income Margin (%) | 6.3% | 7.3% | 16.7% |
| P/E Multiple | 23.9 | 29.9 | 25.1% |
| Shares Outstanding (Mil) | 131 | 127 | 2.8% |
| Cumulative Contribution | 52.7% |
Market Drivers
8/31/2025 to 3/5/2026| Return | Correlation | |
|---|---|---|
| FLS | 52.7% | |
| Market (SPY) | 5.9% | 33.8% |
| Sector (XLI) | 13.7% | 37.5% |
Fundamental Drivers
The 50.1% change in FLS stock from 2/28/2025 to 3/5/2026 was primarily driven by a 18.7% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3052026 | Change |
|---|---|---|---|
| Stock Price ($) | 54.22 | 81.37 | 50.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,558 | 4,729 | 3.8% |
| Net Income Margin (%) | 6.2% | 7.3% | 18.0% |
| P/E Multiple | 25.2 | 29.9 | 18.7% |
| Shares Outstanding (Mil) | 131 | 127 | 3.2% |
| Cumulative Contribution | 50.1% |
Market Drivers
2/28/2025 to 3/5/2026| Return | Correlation | |
|---|---|---|
| FLS | 50.1% | |
| Market (SPY) | 15.7% | 60.1% |
| Sector (XLI) | 27.5% | 61.0% |
Fundamental Drivers
The 147.5% change in FLS stock from 2/28/2023 to 3/5/2026 was primarily driven by a 204.4% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3052026 | Change |
|---|---|---|---|
| Stock Price ($) | 32.88 | 81.37 | 147.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,496 | 4,729 | 35.3% |
| Net Income Margin (%) | 2.4% | 7.3% | 204.4% |
| P/E Multiple | 51.1 | 29.9 | -41.5% |
| Shares Outstanding (Mil) | 131 | 127 | 2.7% |
| Cumulative Contribution | 147.5% |
Market Drivers
2/28/2023 to 3/5/2026| Return | Correlation | |
|---|---|---|
| FLS | 147.5% | |
| Market (SPY) | 78.3% | 57.2% |
| Sector (XLI) | 77.8% | 65.2% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| FLS Return | -15% | 3% | 37% | 42% | 22% | 20% | 150% |
| Peers Return | 28% | -7% | 35% | 27% | 16% | 13% | 169% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 0% | 83% |
Monthly Win Rates [3] | |||||||
| FLS Win Rate | 50% | 42% | 67% | 67% | 50% | 67% | |
| Peers Win Rate | 63% | 30% | 53% | 55% | 58% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| FLS Max Drawdown | -20% | -19% | -2% | -4% | -31% | 0% | |
| Peers Max Drawdown | -5% | -23% | -12% | -4% | -20% | -1% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ITT, CR, PH, EMR, IR. See FLS Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/5/2026 (YTD)
How Low Can It Go
| Event | FLS | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -45.2% | -25.4% |
| % Gain to Breakeven | 82.3% | 34.1% |
| Time to Breakeven | 530 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -62.0% | -33.9% |
| % Gain to Breakeven | 163.4% | 51.3% |
| Time to Breakeven | 1,576 days | 148 days |
| 2018 Correction | ||
| % Loss | -36.0% | -19.8% |
| % Gain to Breakeven | 56.1% | 24.7% |
| Time to Breakeven | 2,144 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -73.2% | -56.8% |
| % Gain to Breakeven | 272.8% | 131.3% |
| Time to Breakeven | 1,477 days | 1,480 days |
Compare to ITT, CR, PH, EMR, IR
In The Past
Flowserve's stock fell -45.2% during the 2022 Inflation Shock from a high on 6/8/2021. A -45.2% loss requires a 82.3% gain to breakeven.
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About Flowserve (FLS)
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.
AI Analysis | Feedback
Here are 1-3 brief analogies for Flowserve:
- Flowserve is like a specialized Honeywell or Siemens, but focused entirely on industrial pumps, valves, and seals for critical processes.
- It's the Caterpillar or John Deere for the unseen components that manage fluid and gas flow within factories, power plants, and refineries.
- Flowserve is essentially Emerson Electric for large-scale industrial fluid and gas management.
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- Pumps: Industrial pumps designed for critical applications across various industries, including oil and gas, power generation, and chemical processing.
- Mechanical Seals: Advanced mechanical seals and sealing systems engineered to prevent leakage in rotating equipment, improving operational safety and efficiency.
- Valves: A comprehensive portfolio of control valves, shut-off valves, and other valve solutions for precise fluid control and isolation in demanding environments.
- Aftermarket Services: Provides essential repair, maintenance, installation, upgrades, and field support for their flow control products and other original equipment manufacturers.
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Flowserve (FLS) Major Customers
Flowserve (FLS) operates primarily in a business-to-business (B2B) model, providing critical fluid motion and control products and services (such as pumps, valves, and seals) to a diverse range of industrial customers globally. Due to the nature of its business and broad customer base, Flowserve does not publicly disclose a list of specific 'major customers' by name in its financial reports. However, based on its reported market segments and industry focus, its customers are generally large corporations operating in capital-intensive industries.
The categories of companies that constitute Flowserve's customer base, along with illustrative examples of public companies that operate within these sectors and would typically purchase Flowserve's products, include:
- Oil & Gas Companies (Upstream, Midstream, and Downstream operations): These include international and national oil companies, refiners, and pipeline operators who require Flowserve's equipment for extraction, processing, and transportation of hydrocarbons.
- ExxonMobil (XOM)
- Chevron (CVX)
- Shell plc (SHEL)
- BP p.l.c. (BP)
- Marathon Petroleum Corporation (MPC)
- Chemical & Petrochemical Manufacturers: Companies producing various chemicals, plastics, and other related products rely on Flowserve's pumps and valves for their demanding process applications.
- Dow Inc. (DOW)
- LyondellBasell Industries N.V. (LYB)
- DuPont de Nemours, Inc. (DD)
- Power Generation Companies (Utilities & Independent Power Producers): Operators of power plants (including thermal, nuclear, and some renewable support infrastructure) use Flowserve products for critical fluid handling systems.
- Duke Energy Corporation (DUK)
- NextEra Energy, Inc. (NEE)
- Exelon Corporation (EXC)
- Engineering, Procurement, and Construction (EPC) Firms: These companies are often responsible for designing, building, and delivering large-scale industrial projects for end-clients, frequently specifying and procuring Flowserve's equipment for these projects.
- Fluor Corporation (FLR)
- KBR, Inc. (KBR)
- Jacobs Solutions Inc. (J)
- Water Management Companies & Industrial Water Users: Companies involved in municipal and industrial water and wastewater treatment, desalination, and distribution utilize Flowserve's pumps and other fluid handling solutions.
- American Water Works Company, Inc. (AWK)
- Evoqua Water Technologies Corp. (AQUA)
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R. Scott Rowe President and Chief Executive Officer
R. Scott Rowe has served as President and Chief Executive Officer of Flowserve since April 2017. Prior to joining Flowserve, Mr. Rowe served as President of the Cameron Group, a position he assumed in April 2016 following the merger between Schlumberger and Cameron International Corporation. During his 14-year career at Cameron, he held various progressive roles, culminating as its President and CEO. He also led the transformative pre-merger joint venture between Cameron and Schlumberger, which formed OneSubsea, a $3 billion business that he later ran as CEO. Before Cameron, Mr. Rowe was with Varco International and served in the U.S. Army.
Amy B. Schwetz Senior Vice President, Chief Financial Officer
Amy B. Schwetz has served as Senior Vice President and Chief Financial Officer of Flowserve since February 2020. Before Flowserve, Ms. Schwetz was Executive Vice President and Chief Financial Officer at Peabody Energy Corporation from 2015 to 2020, where she held various roles of increasing responsibility since August 2005. She began her career as an audit manager at Ernst & Young. Ms. Schwetz is also a member of the board of directors of Dril-Quip, Inc.
Lamar L. Duhon President, Flowserve Pumps Division
Lamar L. Duhon has served as President of the Flowserve Pumps Division since February 2023, joining the company in 2022. He previously held the role of President of Aftermarket Services & Solutions from January 2022 to February 2023. Before Flowserve, Mr. Duhon held increasing positions of responsibility at Halliburton from 2010 to 2021, including Vice President, Sperry Drilling.
Alice M. DeBiasio President, Flow Control Division
Alice M. DeBiasio joined Flowserve as President of the Flow Control Division in October 2025. Prior to Flowserve, Ms. DeBiasio served as Vice President, General Manager of Carrier Corporation's Truck Trailer Americas and Digital Solutions business segment since January 2023, and held leadership roles at Resideo (formerly Honeywell) and Northrop Grumman.
Brian Boukalik Senior Vice President, Chief Human Resources Officer
Brian Boukalik has served as Senior Vice President and Chief Human Resources Officer since May 2024. Before Flowserve, Mr. Boukalik held increasing positions of responsibility at Tenneco from 2017 to 2023, including Executive Vice President and Chief Human Resources Officer from 2022 to 2023. Prior to Tenneco, he spent 17 years at Eaton in various HR leadership positions.
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The public company Flowserve (FLS) faces several key business risks, primarily stemming from its exposure to cyclical industries, intense competition, and global operational challenges.
- Dependence on Cyclical Industries and Project Delays: A significant portion of Flowserve's Original Equipment (OE) sales is tied to the capital expenditure cycles of industries such as oil and gas, and chemicals. Downturns or reduced investment in these sectors can directly impact Flowserve's revenue. Additionally, delays or cancellations of large projects in the energy and chemical sectors, including their focus on nuclear projects, can lead to deferred revenue and affect short-term earnings.
- Intense Competition: Flowserve operates in a highly competitive market, contending with major players like ITT Industries, Sulzer Pumps, Baker Hughes Co., and Emerson Electric Co. Aggressive pricing strategies or faster technological innovation from these competitors could lead to a loss of market share for Flowserve.
- Geopolitical and Supply Chain Risks: With operations spanning over 50 countries, Flowserve is exposed to various geopolitical risks, including trade tensions and potential disruptions to its global supply chain. The company's reliance on third-party suppliers for components also creates vulnerabilities to bottlenecks or increased costs, which can impact production and delivery times.
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Flowserve Corporation (FLS) operates in the addressable markets for industrial pumps, valves, and seals.
Pumps
- The global industrial pumps market was estimated at USD 43.90 billion in 2023 and is projected to reach USD 59.95 billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030.
- Another estimate for the global industrial pumps market valued it at USD 46.4 billion in 2024, with a projection to reach USD 77.1 billion in 2034 at a CAGR of 5.3%.
- The global pumps market size was USD 59.68 billion in 2024 and is anticipated to reach approximately USD 92.15 billion by 2034, expanding at a CAGR of 4.44% from 2025 to 2034.
- The global pumps market size was valued at USD 77.34 billion in 2024 and is estimated to reach USD 99.01 billion by 2033, exhibiting a CAGR of 2.78% during 2025-2033.
- The Asia Pacific region dominated the pumps market with a revenue share of 45.2% in 2024.
- The United States industrial pumps market accounted for an estimated USD 11 billion in revenue in 2024, representing about 80% of the North American market share.
Valves
- The global industrial valves market size was valued at USD 76.2 billion in 2023 and is projected to reach USD 100.9 billion by 2030, growing at a CAGR of 4.4% from 2024 to 2030.
- Other estimations for the global industrial valve market include USD 75.9 billion in 2024, expected to reach USD 142.6 billion in 2034 with a CAGR of 6.6% from 2025 to 2034.
- Another report states the global industrial valves market size was USD 78.2 billion in 2024 and is estimated to reach USD 131.6 billion by 2033, exhibiting a CAGR of 6% during 2025-2033.
- The global industrial valves market was valued at USD 65 billion in 2021 and is estimated to reach USD 110.5 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.
- The Asia Pacific region accounted for the largest revenue share of 35.8% in 2023 and is expected to witness the fastest growth over the forecast period. Asia Pacific held a significant market share of over 42% in 2024, and in 2021, it held over 40.2% of the industrial valves industry.
- The U.S. industrial valves market accounted for a 15.6% share of the global market in 2023 and is expected to grow significantly, exhibiting a CAGR of 5.1% from 2022 to 2031. In 2024, the United States led the North American industrial valve market with approximately 79% market share and an estimated USD 17.9 billion in revenue.
Seals (Mechanical Seals and Gaskets and Seals)
- The global mechanical seals market size was valued at USD 3.20 billion in 2018 and is projected to reach USD 6.92 billion by 2032, exhibiting a CAGR of 5.3%.
- The global mechanical seals market is expected to reach USD 5.64 billion in 2024 and further increase to USD 8.76 billion by 2035, with a CAGR of 4.08% from 2025 to 2035.
- Another estimate for the global mechanical seal market size was USD 3.5 billion in 2023 and is projected to reach USD 4.9 billion by 2032, registering a CAGR of 4.2% during the forecast period (2024-2032).
- The mechanical seals market size is estimated at USD 7.27 billion in 2025 and is expected to reach USD 9.07 billion by 2030, at a CAGR of 4.52% during the forecast period (2025-2030).
- The global mechanical seals market size was valued at USD 3.8 billion in 2023 and is poised to grow from USD 3.97 billion in 2024 to USD 5.65 billion by 2032, at a CAGR of 4.5% during the forecast period (2025-2032).
- The Asia Pacific region dominated the mechanical seals market with a market share of 35.31% in 2018, is the most significant global mechanical seal shareholder, and generated 36.65% of the mechanical seals market revenue in 2024.
- The mechanical seals market in the U.S. is projected to grow significantly, reaching an estimated value of USD 1.13 billion by 2032. North America holds a significant 26.2% share of the global mechanical seals market and is anticipated to exhibit a CAGR of 4.4% over the forecast period.
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Flowserve Corporation (FLS) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:
- Expansion in New Energy Markets: Flowserve's "3D growth strategy" includes a significant focus on decarbonization and rapidly expanding new energy opportunities. This involves capturing opportunities in clean energy projects, the nuclear sector (including large reactors and small modular reactors), and water infrastructure. The company has already seen record nuclear bookings.
- Growth in Aftermarket Services: The aftermarket business is a consistent and strong contributor to Flowserve's revenue and is seen as a key driver of recurring revenue. Aftermarket bookings have shown significant year-over-year growth and represent a substantial portion of total bookings.
- Strategic Acquisitions: Flowserve is pursuing mergers and acquisitions to strengthen its portfolio, expand offerings, and enter new markets. Recent examples include the acquisition of Mogas Industries, which is expected to enhance Flowserve's portfolio and support long-term value creation. The company has also expressed renewed interest in M&A, particularly in the nuclear sector and complementary products, to offset organic growth headwinds.
- Execution of the 3D Growth Strategy and Conversion of Strong Backlog: Beyond decarbonization, the broader 3D growth strategy encompasses diversification and digitization initiatives aimed at accelerating growth. Flowserve maintains a substantial backlog of orders, which stood at near-record levels of $2.8 billion at the end of Q3 2024. Converting this backlog efficiently into revenue is a critical driver for future sales.
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Share Repurchases
- As of March 31, 2025, Flowserve had $258.8 million of remaining capacity for Board of Directors approved share repurchases.
- In the second quarter of 2025, nearly $60 million was allocated to a combination of dividends and share repurchases.
- During the third quarter of 2024, common share repurchases amounted to $20.070 million.
Share Issuance
- Flowserve's shares outstanding increased slightly year-over-year, with 0.132 billion shares outstanding in 2024, a 0.32% increase from 2023, and 0.131 billion shares outstanding in 2022, a 0.35% increase from 2021.
- As of April 21, 2025, the company had 130,728,620 shares of common stock outstanding.
- Share issuance primarily relates to employee stock plans, including the 2020 Plan and the Employee Stock Purchase Plan (ESPP), which had 3,996,597 shares available for issuance.
Outbound Investments
- Flowserve completed the acquisition of MOGAS Industries in 2024, which significantly enhanced its severe service valve portfolio.
- The company plans to pursue acquisitions, particularly in the nuclear sector and for complementary products, to strengthen its portfolio and expand project capabilities.
- Flowserve remains open to disciplined mergers and acquisitions (M&A) following the termination of its planned merger with Chart Industries.
Capital Expenditures
- Flowserve projects capital expenditures (CapEx) for 2025 to be between $80 million and $90 million.
- Capital expenditures for 2024 were reaffirmed at $75 million to $85 million, with actual expenditures reported as $81.019 million.
- Over the past five years (2020-2024), capital expenditures averaged $67.401 million, with annual figures ranging from a low of $54.936 million in 2021 to a high of $81.019 million in 2024. These expenditures support operational improvements, increased productivity, and addressing market demand, including opportunities in energy transition.
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|---|---|---|---|---|---|---|---|
| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
| 02202026 | LZ | LegalZoom.com | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 7.2% | 7.2% | -5.0% |
| 02132026 | ADP | Automatic Data Processing | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.1% | 1.1% | -3.0% |
| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
| 02132026 | PCTY | Paylocity | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | -0.6% | -0.6% | -4.8% |
| 03312020 | FLS | Flowserve | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 14.3% | 66.5% | -7.1% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 166.27 |
| Mkt Cap | 25.3 |
| Rev LTM | 6,190 |
| Op Inc LTM | 1,097 |
| FCF LTM | 884 |
| FCF 3Y Avg | 859 |
| CFO LTM | 1,012 |
| CFO 3Y Avg | 983 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.8% |
| Rev Chg 3Y Avg | 9.1% |
| Rev Chg Q | 7.9% |
| QoQ Delta Rev Chg LTM | 1.9% |
| Op Mgn LTM | 19.1% |
| Op Mgn 3Y Avg | 17.6% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 17.0% |
| CFO/Rev 3Y Avg | 15.1% |
| FCF/Rev LTM | 14.5% |
| FCF/Rev 3Y Avg | 12.2% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 25.3 |
| P/S | 4.5 |
| P/EBIT | 24.4 |
| P/E | 32.8 |
| P/CFO | 26.3 |
| Total Yield | 3.7% |
| Dividend Yield | 0.5% |
| FCF Yield 3Y Avg | 3.9% |
| D/E | 0.1 |
| Net D/E | 0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 1.1% |
| 3M Rtn | 8.3% |
| 6M Rtn | 12.6% |
| 12M Rtn | 33.6% |
| 3Y Rtn | 104.0% |
| 1M Excs Rtn | 2.3% |
| 3M Excs Rtn | 11.1% |
| 6M Excs Rtn | 9.2% |
| 12M Excs Rtn | 18.9% |
| 3Y Excs Rtn | 33.7% |
Comparison Analyses
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Flowserve Pumps Division (FPD) | 3,159 | 3,064 | 2,518 | 2,468 | 2,674 |
| Flow Control Division (FCD) | 1,409 | 1,266 | 1,097 | 1,073 | 1,054 |
| Eliminations and All Other | -10 | -10 | 0 | ||
| Total | 4,558 | 4,321 | 3,615 | 3,541 | 3,728 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Flowserve Pumps Division (FPD) | 480 | 208 | 243 | 271 | |
| Flow Control Division (FCD) | 158 | 113 | 120 | 126 | |
| Eliminations and all other cost of sales | 3 | ||||
| Loss on divestiture of asbestos-related assets and liabilities (a) | 0 | ||||
| Net earnings (loss) from affiliates | -0 | ||||
| Intersegment sales | -10 | ||||
| Eliminations and all other SG&A | -169 | ||||
| Eliminations and All Other | -124 | -92 | -146 | ||
| Total | 462 | 197 | 271 | 250 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Flowserve Pumps Division (FPD) | 3,043 | 3,192 | 3,111 | 2,927 | 3,039 |
| Flow Control Division (FCD) | 1,739 | 1,334 | 1,270 | 1,223 | 1,308 |
| Eliminations and All Other | 719 | 583 | 410 | 599 | 967 |
| Total | 5,501 | 5,109 | 4,791 | 4,750 | 5,315 |
Price Behavior
Price Behavior
| Market Price | $81.37 | |
| Market Cap ($ Bil) | 10.4 | |
| First Trading Date | 03/26/1990 | |
| Distance from 52W High | -11.6% | |
| 50 Days | 200 Days | |
| DMA Price | $79.64 | $62.23 |
| DMA Trend | up | up |
| Distance from DMA | 2.2% | 30.8% |
| 3M | 1YR | |
| Volatility | 28.6% | 48.2% |
| Downside Capture | 112.50 | 155.75 |
| Upside Capture | 197.24 | 179.91 |
| Correlation (SPY) | 62.6% | 59.6% |
FLS Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.78 | 1.57 | 1.60 | 1.46 | 1.50 | 1.33 |
| Up Beta | 3.89 | 3.32 | 3.19 | 0.23 | 1.22 | 1.21 |
| Down Beta | 0.38 | 0.60 | 0.86 | 1.41 | 1.65 | 1.41 |
| Up Capture | 289% | 277% | 242% | 313% | 293% | 309% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 23 | 34 | 64 | 128 | 409 |
| Down Capture | 30% | 48% | 82% | 118% | 129% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 17 | 26 | 59 | 122 | 338 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLS | |
|---|---|---|---|---|
| FLS | 64.0% | 48.1% | 1.16 | - |
| Sector ETF (XLI) | 32.1% | 19.2% | 1.32 | 60.3% |
| Equity (SPY) | 19.2% | 19.1% | 0.79 | 59.6% |
| Gold (GLD) | 74.7% | 26.1% | 2.12 | 0.4% |
| Commodities (DBC) | 19.3% | 17.1% | 0.87 | 24.0% |
| Real Estate (VNQ) | 5.4% | 16.6% | 0.15 | 30.3% |
| Bitcoin (BTCUSD) | -16.6% | 45.6% | -0.26 | 23.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLS | |
|---|---|---|---|---|
| FLS | 19.5% | 34.5% | 0.59 | - |
| Sector ETF (XLI) | 15.4% | 17.2% | 0.72 | 66.5% |
| Equity (SPY) | 13.9% | 17.0% | 0.65 | 57.2% |
| Gold (GLD) | 23.7% | 17.2% | 1.12 | 10.6% |
| Commodities (DBC) | 11.7% | 19.0% | 0.50 | 28.5% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 40.4% |
| Bitcoin (BTCUSD) | 9.5% | 56.9% | 0.38 | 20.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with FLS | |
|---|---|---|---|---|
| FLS | 9.1% | 36.9% | 0.35 | - |
| Sector ETF (XLI) | 14.6% | 19.8% | 0.65 | 71.4% |
| Equity (SPY) | 15.2% | 17.9% | 0.73 | 61.0% |
| Gold (GLD) | 14.8% | 15.6% | 0.79 | 2.3% |
| Commodities (DBC) | 9.0% | 17.6% | 0.43 | 36.6% |
| Real Estate (VNQ) | 6.2% | 20.7% | 0.26 | 45.0% |
| Bitcoin (BTCUSD) | 67.3% | 66.8% | 1.07 | 14.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/5/2026 | 8.2% | 10.2% | |
| 10/28/2025 | 30.9% | 32.0% | 34.0% |
| 7/29/2025 | 2.4% | -2.0% | -1.0% |
| 4/29/2025 | 0.8% | 3.9% | 12.6% |
| 2/18/2025 | -6.5% | -13.5% | -18.7% |
| 10/28/2024 | 2.3% | 1.5% | 15.8% |
| 7/29/2024 | -3.3% | -12.6% | -3.5% |
| 2/20/2024 | 0.8% | 0.9% | 6.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 12 |
| # Negative | 10 | 9 | 8 |
| Median Positive | 3.6% | 4.9% | 9.0% |
| Median Negative | -6.1% | -5.6% | -5.4% |
| Max Positive | 30.9% | 32.0% | 34.0% |
| Max Negative | -9.4% | -16.2% | -18.7% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 02/17/2026 | 10-K |
| 09/30/2025 | 10/28/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 04/29/2025 | 10-Q |
| 12/31/2024 | 02/26/2025 | 10-K |
| 09/30/2024 | 10/28/2024 | 10-Q |
| 06/30/2024 | 07/29/2024 | 10-Q |
| 03/31/2024 | 04/29/2024 | 10-Q |
| 12/31/2023 | 02/20/2024 | 10-K |
| 09/30/2023 | 10/25/2023 | 10-Q |
| 06/30/2023 | 08/01/2023 | 10-Q |
| 03/31/2023 | 05/01/2023 | 10-Q |
| 12/31/2022 | 03/07/2023 | 10-K |
| 09/30/2022 | 10/31/2022 | 10-Q |
| 06/30/2022 | 07/27/2022 | 10-Q |
| 03/31/2022 | 05/02/2022 | 10-Q |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Rowe, Robert Scott | President & CEO | Direct | Sell | 12032025 | 70.48 | 212,683 | 14,989,332 | 24,429,560 | Form |
| 2 | Duhon, Lamar L | President, FPD | Direct | Sell | 11122025 | 69.51 | 1,609 | 111,842 | 1,050,713 | Form |
| 3 | Schwetz, Amy B | Chief Financial Officer | Direct | Sell | 11052025 | 71.02 | 47,000 | 3,337,940 | 3,737,641 | Form |
| 4 | Hudson, Susan Claire | Chief Legal Officer | Direct | Sell | 11052025 | 70.01 | 10,667 | 746,797 | 461,296 | Form |
| 5 | Wilson, Kirk | President, FCD | Direct | Sell | 8122025 | 53.22 | 10,000 | 532,200 | 1,979,571 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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