FLS
Flowserve Corporation
NYSE: FLS · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$84.25
-0.95% today
Updated 2026-04-29
Market cap
$10.77B
P/E ratio
31.91
P/S ratio
2.28x
EPS (TTM)
$2.64
Dividend yield
0.99%
52W range
$44 – $92
Volume
1.9M
Flowserve Corporation (FLS) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.06B | $3.76B | $4.47B | $4.37B | $4.03B | $4.51B | $4.75B | $4.95B | $4.88B | $4.56B | $3.99B | $3.66B | $3.83B | $3.94B | $3.73B | $3.54B | $3.62B | $4.32B | $4.56B | $4.73B |
| Revenue growth (YoY) | — | +22.9% | +18.9% | -2.4% | -7.6% | +11.9% | +5.3% | +4.3% | -1.5% | -6.5% | -12.5% | -8.3% | +4.7% | +2.9% | -5.5% | -5.0% | +2.1% | +19.5% | +5.5% | +3.8% |
| Cost of revenue | $2.05B | $2.53B | $2.89B | $2.78B | $2.61B | $2.99B | $3.17B | $3.27B | $3.16B | $3.01B | $2.69B | $2.53B | $2.59B | $2.63B | $2.56B | $2.47B | $2.62B | $3.02B | $3.09B | $3.15B |
| Gross profit | $1.01B | $1.23B | $1.58B | $1.59B | $1.42B | $1.52B | $1.58B | $1.69B | $1.71B | $1.55B | $1.30B | $1.13B | $1.24B | $1.31B | $1.16B | $1.07B | $994.65M | $1.30B | $1.47B | $1.58B |
| Gross margin | 32.9% | 32.7% | 35.3% | 36.4% | 35.3% | 33.7% | 33.3% | 34.1% | 35.2% | 34.0% | 32.5% | 30.9% | 32.3% | 33.1% | 31.2% | 30.1% | 27.5% | 30.0% | 32.2% | 33.5% |
| R&D | $29.70M | $40.00M | $34.00M | $29.40M | $29.50M | $35.00M | $38.90M | $37.80M | $40.90M | $45.90M | $42.80M | $38.60M | $39.60M | $42.00M | $36.10M | $34.20M | $39.90M | $48.70M | $69.90M | — |
| SG&A | $782.50M | $856.50M | $984.40M | $934.45M | $844.99M | $914.08M | $922.13M | $966.83M | $936.90M | $971.61M | $965.32M | $903.86M | $943.71M | $899.81M | $878.25M | $797.08M | $802.47M | $961.17M | $978.04M | $972.00M |
| Operating income | $224.80M | $397.12M | $595.91M | $681.78M | $585.70M | $606.77M | $648.43M | $721.27M | $766.09M | $619.88M | $425.00M | $252.73M | $309.84M | $433.91M | $359.11M | $285.14M | $193.38M | $403.80M | $515.42M | $537.46M |
| Operating margin | 7.3% | 10.6% | 13.3% | 15.6% | 14.5% | 13.5% | 13.6% | 14.6% | 15.7% | 13.6% | 10.6% | 6.9% | 8.1% | 11.0% | 9.6% | 8.1% | 5.3% | 9.3% | 11.3% | 11.4% |
| EBITDA | $323.96M | $499.83M | $721.13M | $720.05M | $665.87M | $728.76M | $762.31M | $852.32M | $903.79M | $604.72M | $389.80M | $441.19M | $346.91M | $483.32M | $359.23M | $291.03M | $291.58M | $374.42M | $541.05M | $698.59M |
| EBITDA margin | 10.6% | 13.3% | 16.1% | 16.5% | 16.5% | 16.2% | 16.0% | 17.2% | 18.5% | 13.3% | 9.8% | 12.1% | 9.1% | 12.3% | 9.6% | 8.2% | 8.1% | 8.7% | 11.9% | 14.8% |
| EBIT | $252.96M | $420.19M | $641.43M | $624.80M | $564.58M | $623.94M | $655.09M | $745.93M | $793.51M | $477.64M | $273.05M | $322.74M | $234.43M | $377.41M | $258.48M | $191.21M | $200.62M | $290.67M | $455.46M | $603.14M |
| Interest expense | $65.69M | $60.12M | $51.29M | $40.01M | $34.30M | $36.18M | $43.52M | $54.41M | $60.32M | $65.27M | $60.14M | $59.73M | $58.16M | $54.98M | $56.19M | $57.62M | $46.25M | $66.92M | $69.30M | $77.74M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $115.03M | $255.77M | $442.41M | $427.89M | $388.29M | $428.58M | $448.34M | $485.53M | $518.82M | $267.67M | $145.06M | $2.65M | $119.67M | $253.67M | $130.42M | $125.95M | $188.69M | $186.74M | $282.76M | $346.25M |
| Net income growth (YoY) | — | +122.4% | +73.0% | -3.3% | -9.3% | +10.4% | +4.6% | +8.3% | +6.9% | -48.4% | -45.8% | -98.2% | +4412.5% | +112.0% | -48.6% | -3.4% | +49.8% | -1.0% | +51.4% | +22.5% |
| Profit margin | 3.8% | 6.8% | 9.9% | 9.8% | 9.6% | 9.5% | 9.4% | 9.8% | 10.6% | 5.9% | 3.6% | 0.1% | 3.1% | 6.4% | 3.5% | 3.6% | 5.2% | 4.3% | 6.2% | 7.3% |