FLS Stock - Flowserve Corporation
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.56B | $4.32B | $3.62B | $3.54B | $3.73B |
| Gross Profit | $1.47B | $1.30B | $994.65M | $1.07B | $1.16B |
| Gross Margin | 32.2% | 30.0% | 27.5% | 30.1% | 31.2% |
| Operating Income | $515.42M | $403.80M | $193.38M | $285.14M | $359.11M |
| Net Income | $282.76M | $186.74M | $188.69M | $125.95M | $130.42M |
| Net Margin | 6.2% | 4.3% | 5.2% | 3.6% | 3.5% |
| EPS | $2.15 | $1.42 | $1.44 | $0.97 | $1.00 |
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines. The FCD segment provides engineered and industrial valve and automation solutions, including isolation and control valves, actuation, controls, and related equipment, as well as equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs, and field machining capabilities. This segment's products are used to control, direct, and manage the flow of liquids, gases, and fluids. The company primarily serves oil and gas, chemical and pharmaceuticals, power generation, and water management markets, as well as general industries, including mining and ore processing, pulp and paper, food and beverage, and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives. Flowserve Corporation was incorporated in 1912 and is headquartered in Irving, Texas.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 14th 2025 | BofA Securities | Downgrade | Neutral | - |
| March 17th 2025 | Robert W. Baird | Upgrade | Outperform | $71 |
| December 12th 2024 | Goldman | Upgrade | Neutral | $69← $55 |
| November 22nd 2024 | RBC Capital Mkts | Upgrade | Outperform | $69← $57 |
| October 18th 2024 | Jefferies | Resumed | Buy | $65 |
| September 26th 2023 | Jefferies | Upgrade | Buy | $50← $40 |
| January 30th 2023 | BofA Securities | Upgrade | Buy | $40← $33 |
| September 15th 2022 | Credit Suisse | Downgrade | Neutral | $31← $38 |
| July 11th 2022 | BofA Securities | Upgrade | Neutral | $31 |
Earnings History & Surprises
FLSEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 27, 2026 | — | — | — | — |
Q1 2026 | Feb 17, 2026 | $0.94 | — | — | — |
Q4 2025 | Oct 28, 2025 | $0.80 | $0.90 | +12.5% | ✓ BEAT |
Q3 2025 | Jul 29, 2025 | $0.78 | $0.91 | +16.7% | ✓ BEAT |
Q2 2025 | Apr 29, 2025 | $0.59 | $0.72 | +22.0% | ✓ BEAT |
Q1 2025 | Feb 18, 2025 | $0.77 | $0.70 | -9.1% | ✗ MISS |
Q4 2024 | Oct 28, 2024 | $0.67 | $0.62 | -7.5% | ✗ MISS |
Q3 2024 | Jul 29, 2024 | $0.63 | $0.73 | +15.9% | ✓ BEAT |
Q2 2024 | Apr 29, 2024 | $0.47 | $0.58 | +23.4% | ✓ BEAT |
Q1 2024 | Feb 20, 2024 | $0.61 | $0.68 | +11.5% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.41 | $0.50 | +22.0% | ✓ BEAT |
Q3 2023 | Aug 1, 2023 | $0.40 | $0.52 | +30.0% | ✓ BEAT |
Q2 2023 | May 1, 2023 | $0.26 | $0.40 | +53.8% | ✓ BEAT |
Q1 2023 | Feb 21, 2023 | $0.61 | $0.63 | +3.3% | ✓ BEAT |
Q4 2022 | Oct 31, 2022 | $0.24 | $0.09 | -62.5% | ✗ MISS |
Q3 2022 | Jul 27, 2022 | $0.26 | $0.30 | +15.4% | ✓ BEAT |
Q2 2022 | May 2, 2022 | $0.21 | $0.07 | -66.7% | ✗ MISS |
Q1 2022 | Feb 23, 2022 | $0.48 | $0.45 | -6.2% | ✗ MISS |
Q4 2021 | Oct 27, 2021 | $0.40 | $0.29 | -27.5% | ✗ MISS |
Q3 2021 | Aug 5, 2021 | $0.42 | $0.37 | -11.9% | ✗ MISS |
Latest News
Goldman Sachs Maintains Neutral on Flowserve, Raises Price Target to $80
➖ NeutralFlowserve Acquires U.K.-Based Greenray Turbine For ~$72M In Cash
📈 PositiveJefferies Maintains Buy on Flowserve, Raises Price Target to $85
📈 PositiveShares of companies in the broader machinery sector are trading higher. Stocks across sectors are rising after NY Fed President Williams indicated he sees room for a further policy adjustment in the near term.
📈 PositiveB of A Securities Downgrades Flowserve to Neutral, Raises Price Target to $73
➖ NeutralTD Cowen Maintains Buy on Flowserve, Raises Price Target to $80
📈 PositiveUBS Maintains Buy on Flowserve, Raises Price Target to $82
📈 PositiveGoldman Sachs Maintains Neutral on Flowserve, Raises Price Target to $71
➖ NeutralCitigroup Maintains Buy on Flowserve, Raises Price Target to $82
📈 PositiveRBC Capital Maintains Outperform on Flowserve, Raises Price Target to $76
📈 PositiveFlowserve Reaches Agreement To Divest BW/IP - New Mexico Unit To Acorn Investment Partners; Financial Terms Not Disclosed
➖ NeutralFlowserve Raises FY2025 Adj EPS Guidance from $3.25-$3.40 to $3.40-$3.50 vs $3.37 Est; Lowers FY2025 Sales Guidance from $4.786B-$4.831B to $4.740B-$4.786B vs $4.806B Est
➖ NeutralFlowserve Q3 Adj. EPS $0.90 Beats $0.80 Estimate, Sales $1.174B Miss $1.206B Estimate
➖ NeutralReported Earlier: CIRCOR International Acquires Herringbone Gear Pump Product Line From Flowserve; Terms Not Disclosed
📈 PositiveBaker Hughes to buy Chart Industries for $13.6B; Flowserve terminates previous deal
📈 PositiveBaker Hughes nears $13.6B deal to buy Chart Industries, displacing Flowserve - FT
📈 PositiveFrequently Asked Questions about FLS
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