OverviewSuggest Edit

Flowserve Corporation is a provider of fluid motion and control products and services. The company manufactures, designs and markets industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and provides services to the power, oil, gas, chemical, and other industries.

TypePublic
Founded1997
HQIrving, US
Websiteflowserve.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)17,000
Job Openings425
Revenue (FY, 2018)$3.8 B(+5%)
Share Price (Oct 2019)$46.3 (+3%)

Key People/Management at Flowserve

R. Scott Rowe

R. Scott Rowe

President, CEO
Elizabeth Burger

Elizabeth Burger

Svp, Chro
Lee Eckert

Lee Eckert

Svp, CFO
Keith Gillespie

Keith Gillespie

Svp, Chief Sales Officer
John Lenander

John Lenander

President, Flow Control Division
Lanesha Minnix

Lanesha Minnix

SVP, Chief Legal Officer, Corporate Secretary
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Flowserve Office Locations

Flowserve has an office in Irving
Irving, US (HQ)
5215 N O'Connor Blvd #2300
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Flowserve Financials and Metrics

Flowserve Revenue

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Flowserve's revenue was reported to be $3.83 b in FY, 2018 which is a 4.7% increase from the previous period.
USD

Revenue (Q2, 2019)

990.1m

Gross profit (Q2, 2019)

318.0m

Gross profit margin (Q2, 2019), %

32.1%

Net income (Q2, 2019)

60.5m

EBIT (Q2, 2019)

98.0m

Market capitalization (17-Oct-2019)

6.1b

Closing stock price (17-Oct-2019)

46.3

Cash (30-Jun-2019)

596.5m

EV

7.1b
Flowserve's current market capitalization is $6.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018

Revenue

4.0b3.7b3.8b

Revenue growth, %

(12%)(8%)5%

Cost of goods sold

2.8b2.6b2.6b

Gross profit

1.2b1.1b1.2b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

866.3m877.1m883.4m920.0m973.1m952.7m890.1m990.1m

Cost of goods sold

597.9m632.1m615.8m648.5m687.1m644.2m596.0m672.1m

Gross profit

268.4m245.0m267.5m271.4m286.1m308.5m294.1m318.0m

Gross profit Margin, %

31%28%30%30%29%32%33%32%
Annual
USDFY, 2016FY, 2017FY, 2018

Cash

367.2m703.4m619.7m

Accounts Receivable

894.7m856.7m792.4m

Prepaid Expenses

150.2m114.3m108.6m

Inventories

919.3m884.3m633.9m
Annual
USDFY, 2016FY, 2017FY, 2018

Net Income

148.1m4.3m125.1m

Depreciation and Amortization

116.8m118.5m112.5m

Inventories

30.9m48.6m(29.3m)

Accounts Payable

(69.8m)12.4m(4.8m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

38.3m101.3m81.2m19.3m61.5m110.2m16.5m31.2m60.7m59.5m120.0m

Depreciation and Amortization

28.6m58.4m87.3m28.6m57.4m87.9m28.9m57.6m85.2m27.5m54.7m

Inventories

(69.9m)(51.9m)(47.4m)(27.1m)(17.3m)(20.4m)(48.6m)(57.4m)(46.7m)(49.5m)(47.6m)

Accounts Payable

(89.5m)(76.4m)(97.8m)(60.7m)(55.9m)(68.0m)(59.6m)(10.5m)(30.0m)(15.4m)(20.7m)
USDY, 2019

EV/EBIT

72.6 x

EV/CFO

-144.3 x

EV/FCF

-95.4 x

Debt/Equity

0.9 x

Debt/Assets

0.3 x

Financial Leverage

2.8 x
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Flowserve Operating Metrics

Flowserve's Backlog was reported to be $2.2b in Q2, 2019. Flowserve's Enterprise Customers was reported to be 10 k in FY, 2018.
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Flowserve Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Sterling SIHIJanuary 09, 2015$372.50 m
Innovative Mag-DriveDecember 10, 2013
Lawrence PumpsOctober 04, 2011
Valbart SrlJuly 16, 2010$200 m
CALDER GmbHApril 21, 2009
Niigata WorthingtonMarch 10, 2008$2.40 m
MF Sealing SystemsJuly 18, 2007
Canada Alloy CastingsDecember 01, 2006
HydroTechnik OlomoucJune 19, 2006
Ludowici Mineral Processing EquipmentApril 01, 2005
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Flowserve Revenue Breakdown

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Flowserve revenue breakdown by business segment: 31.6% from Flow Control Division, 19.8% from Industrial Product Division and 48.5% from Engineered Product Division

Flowserve revenue breakdown by geographic segment: 14.1% from Asia, 37.2% from EMA, 39.8% from United States and 8.9% from Other

Flowserve Online and Social Media Presence

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Flowserve News and Updates

Cryogenic Valve Market Size Analysis & Forecasts, 2018-2023 | Key Players: Schlumberger, Emerson Electric, Parker Hannifin, Flowserve, & Weir Group plc: Radiant Insights, Inc.

SAN FRANCISCO, Aug. 20, 2019 /PRNewswire/ -- The worldwide Cryogenic Valve Market is projected to showcase a staggering CAGR during the forecast period. Cryogenic valves are the special-purpose valves that find usage in transporting and storing a different gas that takes up smaller space...

Industrial Actuators: Worldwide Market Review 2014-2018 & Forecast 2019-2024 Featuring Emerson Electric, Honeywell, Eaton, Flowserve, KSB Group, KITZ, Weir Group, Pentair, Valvitalia Group, and Rotork

DUBLIN, July 16, 2019 /PRNewswire/ -- The "Global Industrial Actuators Market: Analysis By System, By Motion Type, End User (Oil and Gas, Chemical, Power, Water Treatment), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)" report has been added to...

North America HVAC Valves Market Report 2019 Featuring AVK Group, Belimo, Danfoss, Flowserve, Honeywell, Johnson Controls, Mueller Industries, Samson Controls, Schneider Electric, and Siemens

DUBLIN, May 14, 2019 /PRNewswire/ -- The "North America HVAC Valves Market to 2027 - Analysis and Forecasts by Product; and Application" report has been added to ResearchAndMarkets.com's offering. Factors including boosting the exposure of IIOT driving the North America HVAC Valves market....

Global Industrial Valves Market Report, Forecast to 2024 - Schlumberger, Emerson Electric Co, Flowserve Corp, IMI, and Crane Co are Leading the Competition

DUBLIN, March 13, 2019 /PRNewswire/ -- The "Industrial Valves Market - Growth, Trends, and Forecast (2019 - 2024)" report has been added to ResearchAndMarkets.com's offering. The global industrial valves market is expected to record a CAGR of 5.33% during the forecast period of 2019 and...

Multiphase Pumps Global Market 2019-2025: ITT Bornemann, Leistritz, Sulzer, Flowserve, Colfax

Wiseguyreports.Com Publish New Market Research Report On -“Multiphase Pumps Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2019 - 2025” Posted via Industry Today. Follow us on Twitter @IndustryToday

Control Valve Market 2019 Global Analysis By Key Players – Burkert Fluid Control Systems, Crane Co, Velan, Pentair Limited, Flowserve Corporation

WiseGuyReports.Com Publish a New Market Research Report On –“ Control Valve Market 2019 Global Analysis By Key Players – Burkert Fluid Control Systems, Crane Co, Velan, Pentair Limited, Flowserve Corporation”. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Flowserve Frequently Asked Questions

  • When was Flowserve founded?

    Flowserve was founded in 1997.

  • Who are Flowserve key executives?

    Flowserve's key executives are R. Scott Rowe, Elizabeth Burger and Lee Eckert.

  • How many employees does Flowserve have?

    Flowserve has 17,000 employees.

  • What is Flowserve revenue?

    Latest Flowserve annual revenue is $3.8 b.

  • What is Flowserve revenue per employee?

    Latest Flowserve revenue per employee is $225.5 k.

  • Who are Flowserve competitors?

    Competitors of Flowserve include Gardner Denver, ITT and Pentair.

  • Where is Flowserve headquarters?

    Flowserve headquarters is located at 5215 N O'Connor Blvd #2300, Irving.

  • Where are Flowserve offices?

    Flowserve has an office in Irving.

  • How many offices does Flowserve have?

    Flowserve has 1 office.