Craft

Flowserve

Stock Price

$51.9

2024-10-01

Market Capitalization

$6.8 B

2024-10-01

Revenue

$4.3 B

FY, 2023

Flowserve Summary

Company Summary

Overview
Flowserve is a company that manufactures and provides flow control systems aftermarket services. It operates through two segments: Flowserve Pumps 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, distributes and services flow control solutions, including engineered and industrial valve and automation systems, isolation and control valves, actuation, controls, and related equipment. The company caters to oil and gas, power generation, pulp and paper, water management, mining, 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 and Chief Executive Officer, Director

    • Amy B. Schwetz

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

    • Scott K. Vopni

      Scott K. Vopni, Vice President, Chief Accounting Officer

    • Kirk R. Wilson

      Kirk R. Wilson, President, Flow Control Division

    Operating MetricsView all

    Quick Response Centers (Flowserve Pump Division)

    131

    FY, 2023

    Backlog

    $2.7B
    1.5%

    FY, 2023

    Bookings

    $4.3B
    4.0%

    FY, 2023

    LocationsView all

    47 locations detected

    • Irving, TX HQ

      United States

      5215 North O’Connor Boulevard, Suite 700

    • Irving, TX

      United States

      4343 West Royal Lane, Suite 106

    • Pasadena, TX

      United States

      4015 Flowserve Wy

    • Ridgefield, WA

      United States

      7075 S 5th St

    • Chéraga, Algiers Province

      Algeria

      QW4W+W54

    • Godoy Cruz, Mendoza

      Argentina

      Chuquisaca 302

    and 41 others

    Flowserve Financials

    Summary Financials

    Revenue (Q2, 2024)
    $1.2B
    Gross profit (Q2, 2024)
    $366.1M
    Net income (Q2, 2024)
    $76.5M
    Cash (Q2, 2024)
    $515.1M
    EBIT (Q2, 2024)
    $121.3M
    Enterprise value
    $7.8B

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