Craft

Flowserve

Stock Price

$40.3

2024-02-05

Market Capitalization

$5.3 B

2024-02-05

Revenue

$3.6 B

FY, 2022

Flowserve Summary

Company Summary

Overview
Flowserve is a manufacturer and aftermarket service provider of flow control systems. It operates in two segments: Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers pumps and pump systems, mechanical seals, auxiliary systems, replacement parts and upgrades, and related aftermarket services. The FCD segment designs, manufactures, and distributes flow control solutions, including engineered and industrial valve and automation systems, isolation and control valves, actuators, and related equipment. The company caters to power, chemical, oil and gas, power generation, water management, and other industries.
Type
Public
Status
Active
Founded
1997
HQ
Irving, TX, US | view all locations
Website
https://www.flowserve.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • R. Scott Rowe

    R. Scott Rowe, President & Chief Executive Officer, Director

    • Elizabeth L. Burger

      Elizabeth L. Burger, Senior Vice President, Chief Human Resources Officer

    • Keith E. Gillespie

      Keith E. Gillespie, Senior Vice President, Chief Sales Officer

    • Amy B. Schwetz

      Amy B. Schwetz, Senior Vice President, Chief Financial Officer

    Operating MetricsView all

    Bookings (Flow Control Division)

    $359.7M
    9.0%

    Q2, 2023

    Backlog (Flowserve Pump Division)

    $2B
    25.1%

    Q2, 2023

    Backlog (Flow Control Division)

    $835.6M
    19.0%

    Q2, 2023

    LocationsView all

    41 locations detected

    • Irving, TX HQ

      United States

      5215 North O’Connor Boulevard, Suite 700

    • Irving, TX

      United States

      4343 West Royal Lane, Suite 106

    • Chéraga, Algiers Province

      Algeria

      QW4W+W54

    • Godoy Cruz, Mendoza

      Argentina

      Chuquisaca 302

    • Henderson, WA

      Australia

      55 Quill Way

    • Villach, Kärnten

      Austria

      Kasernengasse 6

    and 35 others

    Flowserve Financials

    Summary Financials

    Revenue (Q3, 2023)
    $1.1B
    Gross profit (Q3, 2023)
    $317.7M
    Net income (Q3, 2023)
    $52.6M
    Cash (Q3, 2023)
    $480.5M
    EBIT (Q3, 2023)
    $70.3M
    Enterprise value
    $6.1B

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