Flowserve Corporation (FLS) stock price, revenue, and financials

Flowserve Corporation market cap is $3.8 b, and annual revenue was $3.54 b in FY 2021
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$3.8 B

FLS Mkt cap, 24-Jun-2022

$821.1 M

Flowserve Corporation Revenue Q1, 2022
Flowserve Corporation Gross profit (Q1, 2022)209.6 M
Flowserve Corporation Gross profit margin (Q1, 2022), %25.5%
Flowserve Corporation Net income (Q1, 2022)-15.8 M
Flowserve Corporation EBIT (Q1, 2022)7.4 M
Flowserve Corporation Cash, 31-Mar-2022575.8 M
Flowserve Corporation EV4.7 B
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Flowserve Corporation Revenue

Flowserve Corporation revenue was $3.54 b in FY, 2021

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Flowserve Corporation Revenue Breakdown

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Flowserve Corporation revenue breakdown by business segment: 69.7% from Flowserve Pump Division and 30.3% from Flow Control Division

Flowserve Corporation revenue breakdown by geographic segment: 35.9% from EMA, 38.9% from United States, 15.7% from Asia and 9.5% from Other

Flowserve Corporation Income Statement

Annual

USDFY, 2019FY, 2020FY, 2021

Revenue

3.9b3.7b3.5b

Revenue growth, %

3%(5%)

Cost of goods sold

2.6b2.6b2.5b

Gross profit

1.3b1.1m1.0b

Gross profit Margin, %

33%0%30%

General and administrative expense

899.8m878.2m797.1m

Operating expense total

889.3m878.2m797.1m

EBIT

406.0m250.3m270.8m

EBIT margin, %

10%7%8%

Interest expense

55.0m57.4m57.6m

Interest income

8.4m4.2m2.8m

Pre tax profit

341.9m186.8m133.6m

Income tax expense

80.1m60.0m2.6m

Net Income

261.8m126.8m125.9m

EPS

1.90.91.0

Quarterly

USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

894.5m925.0m924.3m857.3m898.2m866.1m821.1m

Cost of goods sold

628.5m657.8m639.1m606.4m619.9m612.6m611.4m

Gross profit

266.0m267.2m285.2m250.9m278.2m253.5m209.6m

Gross profit Margin, %

30%29%31%29%31%29%26%

General and administrative expense

243.6m227.4m200.7m198.3m210.8m200.9m206.1m

Operating expense total

240.4m227.4m200.7m198.3m210.8m200.9m206.1m

EBIT

25.6m42.9m87.3m56.1m72.2m57.4m7.4m

EBIT margin, %

3%5%9%7%8%7%1%

Interest expense

13.0m12.9m14.7m16.8m14.3m14.7m10.7m

Interest income

1.7m1.1m673.0k602.0k465.0m827.0k943.0k

Pre tax profit

37.8m16.2m72.3m21.0m50.5m41.4m(10.5m)

Income tax expense

36.3m5.4m18.7m3.8m2.7m10.4m3.2m

Net Income

1.5m10.8m53.7m17.2m47.7m49.8m(15.8m)

EPS

0.10.40.10.40.4(0.1)

Flowserve Corporation Balance Sheet

Annual

USDFY, 2019FY, 2020FY, 2021

Cash

671.0m1.1b658.5m

Accounts Receivable

795.5m753.5m739.2m

Prepaid Expenses

105.1m110.6m117.1m

Inventories

660.8m667.2m678.3m

Current Assets

2.5b2.9b2.4b

PP&E

572.2m556.9m515.9m

Goodwill

1.2b1.2b1.2b

Total Assets

4.9b5.3b4.7b

Accounts Payable

447.6m440.2m410.1m

Short-term debt

11.3m44.0m73.7m

Current Liabilities

1.1b1.1b1.1b

Long-term debt

1.5b1.9b1.4b

Total Debt

1.5b1.9b1.5b

Total Liabilities

3.1b3.6b2.9b

Common Stock

221.0m221.0m221.0m

Additional Paid-in Capital

501.0m502.2m506.4m

Retained Earnings

3.7b3.7b3.7b

Total Equity

1.8b1.8b1.8b

Debt to Equity Ratio

0.8 x1.1 x0.8 x

Debt to Assets Ratio

0.3 x0.4 x0.3 x

Financial Leverage

2.7 x3 x2.6 x

Quarterly

USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

622.3m561.7m921.2m659.3m630.4m1.5b575.8m

Accounts Receivable

732.9m759.4m750.9m730.5m729.6m710.8m730.2m

Prepaid Expenses

110.3m115.9m109.5m112.9m128.4m148.4m148.4m

Inventories

684.1m684.4m714.5m672.1m690.1m698.0m722.4m

Current Assets

2.4b2.4b2.8b2.4b2.4b121.2m2.4b

PP&E

550.9m541.8m551.0m534.9m526.1b513.2m506.7m

Goodwill

1.2b1.2b1.2b1.2b1.2b1.2b1.2b

Total Assets

4.8b4.8b5.2b4.8b4.8b5.6b4.7b

Accounts Payable

425.8m428.9m428.9m386.2m393.6m371.0m418.7m

Short-term debt

45.8m44.7m43.2m44.4m41.9m870.7m77.6m

Current Liabilities

1.1b1.1b1.1b1.1b1.1b1.9b1.1b

Long-term debt

1.5b1.5b1.8b1.5b1.5b1.4b1.4b

Total Debt

1.5b1.6b1.9b1.5b1.5b2.3b1.5b

Total Liabilities

3.1b3.1b3.5b3.1b3.0b3.8b2.9b

Common Stock

221.0m221.0m221.0m221.0m221.0m221.0m221.0m

Additional Paid-in Capital

497.7m499.2m499.6m488.9m494.2m496.2m496.2m

Retained Earnings

3.7b3.6b3.6b3.7b3.7b3.6b3.6b

Total Equity

1.7b1.7b1.7b1.7b1.8b1.8b1.8b

Debt to Equity Ratio

0.9 x0.9 x1.1 x0.9 x1.3 x0.8 x

Debt to Assets Ratio

0.3 x0.3 x0.4 x0.3 x0.4 x0.3 x

Financial Leverage

2.8 x2.8 x3 x2.8 x2.7 x3.1 x2.6 x

Flowserve Corporation Cash Flow

Annual

USDFY, 2019FY, 2020FY, 2021

Net Income

261.8m126.8m136.2m

Depreciation and Amortization

104.5m100.8m99.8m

Accounts Receivable

2.9m45.6m(8.7m)

Inventories

(31.1m)15.3m(32.1m)

Accounts Payable

22.9m(22.6m)(19.5m)

Cash From Operating Activities

312.7m310.5m250.1m

Capital Expenditures

(66.2m)(57.4m)(54.9m)

Cash From Investing Activities

(23.8m)(41.7m)(59.5m)

Short-term Borrowings

(75.0m)

Long-term Borrowings

(114.3m)(205.6m)(1.3b)

Dividends Paid

(99.6m)(104.2m)(104.6m)

Cash From Financing Activities

(229.7m)147.6m(599.7m)

Net Change in Cash

51.3m424.3m(436.8m)

Interest Paid

53.6m57.0m72.2m

Income Taxes Paid

66.4m75.3m65.6m

Free Cash Flow

195.2m

Quarterly

USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

1.5m12.3m66.3m17.2m64.9m116.7m(13.7m)

Depreciation and Amortization

25.3m49.5m72.7m25.4m51.9m77.0m23.5m

Accounts Receivable

19.1m858.0k24.3m9.0m14.3m24.4m5.0m

Inventories

(43.2m)(36.6m)(52.0m)(17.0m)(30.8m)(47.5m)(48.7m)

Accounts Payable

(7.9m)(9.1m)(21.8m)(47.1m)(41.1m)(58.6m)8.2m

Cash From Operating Activities

47.3m21.2m115.6m36.4m61.3m151.1m26.8m

Capital Expenditures

(17.3m)(32.0m)(47.9m)(11.4m)(22.5m)(34.0m)(14.1m)

Cash From Investing Activities

(6.6m)(21.2m)34.2m(9.5m)(23.8m)(38.7m)(12.2m)

Long-term Borrowings

(3.4m)(2.5m)(201.6m)(407.5m)(407.5m)(412.9m)(7.6m)

Dividends Paid

(26.0m)(52.1m)(78.1m)(26.5m)(52.2m)(78.6m)(26.1m)

Cash From Financing Activities

(63.9m)(91.9m)179.0m(449.9m)(491.1m)272.3m(38.4m)

Net Change in Cash

(48.7m)(109.3m)250.2m(436.0m)(464.9m)362.0m(82.7m)

Free Cash Flow

117.1m12.7m

Flowserve Corporation Ratios

USDFY, 2019

EV/EBIT

18.1 x

EV/CFO

23.5 x

Revenue/Employee

232.1k

Debt/Equity

0.8 x

Debt/Assets

0.3 x

Financial Leverage

2.7 x

P/E Ratio

25.8

Flowserve Corporation Operating Metrics

Flowserve Corporation's Backlog was reported to be $2b in FY, 2021. Flowserve Corporation's Enterprise Customers was reported to be 10 k in FY, 2021.
Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Bookings

$1.07 b$1.11 b$1.02 b$4.2 b$976.9 m$808.3 m$806.1 m$3.41 b$945 m$952.8 m$911.6 m$3.77 b$1.09 b

Backlog

$2.07 b$2.16 b$2.14 b$2.16 b$894.5 m$1.85 b$2 b

Enterprise Customers

10 k10 k10 k

Backlog (Flow Control Division)

$645.8 m$665.6 m$627 m$600.1 m$626 m$623.1 m$639.8 m

Backlog (Flowserve Pump Division)

$1.42 b$1.49 b$1.51 b$1.56 b$1.56 b$1.24 b$1.37 b

Bookings (Flow Control Division)

$319.8 m$346.4 m$282.7 m$1.24 b$296.3 m$274.6 m$237.6 m$1.07 b$294 m$289.1 m$253.6 m$1.11 b$294.3 m

Bookings (Flowserve Pump Division)

$750.2 m$761.9 m$742.1 m$3.01 b$685.1 m$685.1 m$536.5 m$2.36 b$653.8 m$668.8 m$660.9 m$2.68 b$795.6 m

Manufacturing Facilities (Flow Control Division)

21212121211919191919

Manufacturing Facilities (Flow Control Division, Asia Pacific)

5555555555

Manufacturing Facilities (Flow Control Division, Europe)

101010101088888

Manufacturing Facilities (Flow Control Division, Latin America)

1111166111

Manufacturing Facilities (Flow Control Division, US)

5555555555

Manufacturing Facilities (Flowserve Pump Division)

41414139393939393939393535

Manufacturing Facilities (Flowserve Pump Division, Asia)

8888888888888

Manufacturing Facilities (Flowserve Pump Division, Europe)

14141413131313131313131010

Manufacturing Facilities (Flowserve Pump Division, Latin America)

6666666666666

Manufacturing Facilities (Flowserve Pump Division, North America)

13131312121212121212121111

Pump Types Manufactured

404040

Quick Response Centers (Flow Control Division)

282726

Quick Response Centers (Flow Control Division, Asia Pacific)

1087

Quick Response Centers (Flow Control Division, Europe)

755

Quick Response Centers (Flow Control Division, Latin America)

222

Quick Response Centers (Flow Control Division, Middle East)

33

Quick Response Centers (Flow Control Division, North America)

999

Quick Response Centers (Flowserve Pump Division)

144145145144142141139137136136135135135

Seals and Sealing Systems Models Manufactured

185185185

Flowserve Corporation Employee Rating

3.71148 votes
Culture & Values
3.2
Work/Life Balance
3.3
Senior Management
2.9
Salary & Benefits
3.5
Career Opportunities
3.2
Source
View Flowserve Corporation profile

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