Flowserve（0IQE）株式概要Flowserve Corporationは、米国、カナダ、メキシコ、ヨーロッパ、中東、アフリカ、アジア太平洋地域で産業用流量管理機器の設計、製造、販売、サービスを提供しています。 詳細0IQE ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長5/6過去の実績4/6財務の健全性6/6配当金0/6報酬当社が推定した公正価値より12.5%で取引されている 収益は年間21.27%増加すると予測されています 過去1年間で収益は25.3%増加しました アナリストらは、株価が29.3%上昇するだろうとほぼ一致している。 リスク分析財務結果に影響を与える大きな一時的項目 すべてのリスクチェックを見る0IQE Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$69.842.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1m6b2016201920222025202620282031Revenue US$6.2bEarnings US$470.0mAdvancedSet Fair ValueView all narrativesFlowserve Corporation 競合他社IMISymbol: LSE:IMIMarket cap: UK£6.6bWeir GroupSymbol: LSE:WEIRMarket cap: UK£6.5bSpirax GroupSymbol: LSE:SPXMarket cap: UK£5.1bRotorkSymbol: LSE:RORMarket cap: UK£2.5b価格と性能株価の高値、安値、推移の概要Flowserve過去の株価現在の株価US$69.8452週高値US$92.2952週安値US$45.55ベータ1.251ヶ月の変化-16.87%3ヶ月変化-20.42%1年変化41.91%3年間の変化107.57%5年間の変化63.79%IPOからの変化53.23%最新ニュースDeclared Dividend • May 17First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 26th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 26%.お知らせ • May 16+ 1 more updateFlowserve Corporation Declares Quarterly Dividend, Payable on July 10, 2026Flowserve Corporation Board of Directors has authorized a quarterly cash dividend of $0.22 per share on outstanding shares of common stock. The dividend is payable July 10, 2026, to shareholders of record as of the close of business on June 26, 2026. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends at this $0.22 per share rate or otherwise will be reviewed individually and declared by the Board of Directors at its discretion.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$69.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.81 per share.お知らせ • May 02Flowserve Corporation Updates Earnings Guidance for the Fiscal Year 2026Flowserve Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects total sales growth of +3% to +6% compared to previous guidance of +5% to +7%.Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: US$0.64 (vs US$0.56 in 1Q 2025)First quarter 2026 results: EPS: US$0.64 (up from US$0.56 in 1Q 2025). Revenue: US$1.07b (down 6.7% from 1Q 2025). Net income: US$81.7m (up 11% from 1Q 2025). Profit margin: 7.6% (up from 6.5% in 1Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 15Flowserve Corporation to Report Q1, 2026 Results on Apr 29, 2026Flowserve Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026最新情報をもっと見るRecent updatesDeclared Dividend • May 17First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 26th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 26%.お知らせ • May 16+ 1 more updateFlowserve Corporation Declares Quarterly Dividend, Payable on July 10, 2026Flowserve Corporation Board of Directors has authorized a quarterly cash dividend of $0.22 per share on outstanding shares of common stock. The dividend is payable July 10, 2026, to shareholders of record as of the close of business on June 26, 2026. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends at this $0.22 per share rate or otherwise will be reviewed individually and declared by the Board of Directors at its discretion.Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$69.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.81 per share.お知らせ • May 02Flowserve Corporation Updates Earnings Guidance for the Fiscal Year 2026Flowserve Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects total sales growth of +3% to +6% compared to previous guidance of +5% to +7%.Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: US$0.64 (vs US$0.56 in 1Q 2025)First quarter 2026 results: EPS: US$0.64 (up from US$0.56 in 1Q 2025). Revenue: US$1.07b (down 6.7% from 1Q 2025). Net income: US$81.7m (up 11% from 1Q 2025). Profit margin: 7.6% (up from 6.5% in 1Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 15Flowserve Corporation to Report Q1, 2026 Results on Apr 29, 2026Flowserve Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026お知らせ • Apr 03Flowserve Corporation, Annual General Meeting, May 14, 2026Flowserve Corporation, Annual General Meeting, May 14, 2026.Buy Or Sell Opportunity • Mar 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to US$69.28. The fair value is estimated to be US$88.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.Upcoming Dividend • Mar 20Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.2%).お知らせ • Mar 16Flowserve Corporation Appoints Brian Savoy to Board of Directors and Audit Committee and Technology, Innovation and Risk Committee, Effective March 16, 2026Flowserve Corporation announced that its Board of Directors has elected Brian Savoy as a member of the Board of Directors and appointed him to the Audit Committee and Technology, Innovation and Risk Committee, effective March 16, 2026. Mr. Savoy currently serves as the Chief Financial Officer and Executive Vice President at Duke Energy, an electric power and natural gas holding company. His experience also includes serving as Duke Energy’s Chief Strategy and Commercial Officer as well as its Chief Transformation and Administrative Officer. Brian also currently serves as a board member and audit committee chair for the Electric Power Research Institute, a nonprofit organization advancing safe, reliable, and sustainable energy through research and collaboration with utilities, regulators, and policymakers. Mr. Savoy earned a Bachelor of Business Administration degree in accounting from Lamar University and is a certified public accountant.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$74.17, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Machinery industry in the United Kingdom. Total returns to shareholders of 149% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$86.61 per share.New Risk • Feb 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$7.9m sold).Recent Insider Transactions • Feb 18Independent Director recently sold US$689k worth of stockOn the 17th of February, Michael McMurray sold around 8k shares on-market at roughly US$89.96 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$6.9m. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months.Declared Dividend • Feb 15Fourth quarter dividend increased to US$0.22Dividend of US$0.22 is 4.8% higher than last year. Ex-date: 27th March 2026 Payment date: 10th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 25%.お知らせ • Feb 13Flowserve Corporation Announces Quarterly Dividend, Payable on April 10, 2026Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share on the Company’s outstanding shares of common stock. This represents a 5% increase to the Company’s most recent per share quarterly dividend. The dividend is payable on April 10, 2026, to shareholders of record as of the close of business on March 27, 2026.New Risk • Feb 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$7.0m sold).お知らせ • Feb 06Flowserve Corporation Provides Earnings Guidance for the Financial Year 2026Flowserve Corporation provided earnings guidance for the financial year 2026. For the year 2026, Organic Sales Growth to be +1% to +3%. Total Sales Growth to be +5% to +7%.お知らせ • Jan 21Flowserve Corporation to Report Q4, 2025 Results on Feb 05, 2026Flowserve Corporation announced that they will report Q4, 2025 results After-Market on Feb 05, 2026お知らせ • Jan 01Kenneth I. Siegel Announces Not Stand for Re-Election to the Board of Flowserve CorporationFlowserve Corporation announced that on December 29, 2025, Kenneth I. Siegel informed the Board of Directors of Flowserve Corporation that he would not stand for re-election at the Company's 2026 annual meeting of shareholders. Mr. Siegel will continue to serve as a director until the annual meeting. Mr. Siegel's decision not to stand for re-election was not the result of any disagreement with the management or the Board of the Company.お知らせ • Dec 17Flowserve Corporation (NYSE:FLS) acquired Greenray Turbine Solutions Limited for approximately $72 million.Flowserve Corporation (NYSE:FLS) acquired Greenray Turbine Solutions Limited for approximately $72 million on December 16, 2025. A cash consideration of $72 million will be paid by Flowserve Corporation. As part of consideration, $72 million is paid towards common equity of Greenray Turbine Solutions Limited. Flowserve Corporation (NYSE:FLS) completed the acquisition of Greenray Turbine Solutions Limited for approximately $72 million on December 16, 2025.Declared Dividend • Dec 15Third quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 26th December 2025 Payment date: 9th January 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 17%.お知らせ • Dec 12Flowserve Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on January 9, 2026Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the Company’s outstanding shares of common stock. The dividend is payable on January 9, 2026, to shareholders of record as of the close of business on December 26, 2025. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.Recent Insider Transactions • Dec 04President recently sold US$6.9m worth of stockOn the 2nd of December, Robert Rowe sold around 98k shares on-market at roughly US$70.40 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.Recent Insider Transactions • Nov 06Senior VP & CFO recently sold US$3.3m worth of stockOn the 4th of November, Amy Schwetz sold around 47k shares on-market at roughly US$71.02 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Amy's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 33%After last week's 33% share price gain to US$70.89, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$80.68 per share.Buy Or Sell Opportunity • Oct 30Now 21% undervaluedOver the last 90 days, the stock has risen 25% to US$67.46. The fair value is estimated to be US$85.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: US$1.69 (vs US$0.44 in 3Q 2024)Third quarter 2025 results: EPS: US$1.69 (up from US$0.44 in 3Q 2024). Revenue: US$1.17b (up 3.6% from 3Q 2024). Net income: US$219.6m (up 276% from 3Q 2024). Profit margin: 19% (up from 5.2% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 29Flowserve Corporation Updates Earnings Guidance for the Full-Year 2025Flowserve Corporation updated earnings guidance for the full-year 2025. For the year, the company expected organic sales growth of positive 2% as compared to prior guidance of positive 3% to positive 4%. Total sales growth of positive 4% to positive 5% as compared to prior guidance of positive 5% to positive 6%.お知らせ • Oct 08Flowserve Corporation to Report Q3, 2025 Results on Oct 28, 2025Flowserve Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 28, 2025Upcoming Dividend • Sep 19Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 26 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.2%).お知らせ • Sep 17Flowserve Corporation Announces Executive ChangesFlowserve Corporation has announced that Alice DeBiasio will join the company as President of the Flow Control Division, beginning Oct. 13, 2025. Alice DeBiasio is an accomplished leader with extensive experience leading global industrial organizations and driving consistent profitable growth, innovation and customer loyalty. Most recently, DeBiasio served as Vice President, General Manager at Carrier Corporation, where she led multiple business segments, including Truck Trailer Americas, Sensitech and Digital Solutions for the entire Climate Solutions Transportation divisions. Prior to Carrier, she held leadership roles of increasing responsibility at Resideo (formerly Honeywell) and Northrop Grumman, where she focused on product management, software solutions, project management and engineering. DeBiasio holds an MBA and a Master of Science in Mechanical Engineering from SUNY Stony Brook University, as well as a Bachelor of Science in Mechanical Engineering and a Bachelor of Arts in Music Instrumental Performance from the University of Miami. Kirk Wilson, the current President of the Flow Control Division, will remain with Flowserve as a senior advisor through Jan. 9, 2026, to assist with special projects and ensure a smooth transition as DeBiasio enters her new role.Declared Dividend • Aug 18Second quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 26th September 2025 Payment date: 10th October 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 94% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 14Flowserve Corporation Announces Quarterly Cash Dividend, Payable on October 10, 2025Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the Company’s outstanding shares of common stock. The dividend is payable on October 10, 2025, to shareholders of record as of the close of business on September 26, 2025.Recent Insider Transactions • Aug 12President of Flow Control Division recently sold US$526k worth of stockOn the 8th of August, Kirk Wilson sold around 10k shares on-market at roughly US$52.58 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: US$0.63 (vs US$0.55 in 2Q 2024)Second quarter 2025 results: EPS: US$0.63 (up from US$0.55 in 2Q 2024). Revenue: US$1.19b (up 2.7% from 2Q 2024). Net income: US$81.8m (up 13% from 2Q 2024). Profit margin: 6.9% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 29+ 1 more updateBaker Hughes Reportedly Nears $13.6 Billion Deal to Buy Chart Industries over the Head of Rival SuitorOil and gas equipment supplier Baker Hughes Company (NasdaqGS:BKR) is nearing a $13.6 billion all-cash deal to buy Chart Industries, Inc. (NYSE:GTLS), gatecrashing an earlier agreement to merge with rival Flowserve Corporation (NYSE:FLS), according to people familiar with the matter. The acquisition will give Baker Hughes, the $46 billion oilfield services group, a stronger foothold serving crucial industries such as liquefied natural gas, nuclear energy and data centres and help to boost its fast-growing industrial and energy technology division. The deal to buy Chart, which specialises in handling gas and liquids at extremely low temperatures mainly for industrial clients, would displace an agreement the company made earlier this year with rival Flowserve to combine in a $19 billion all-stock merger, the people said. That agreement, which was framed as a merger of equals, had now been terminated, they added. The deal values Chart’s equity at $210 a share, a 22% premium to its market capitalisation, giving it an equity value of about $10 billion, the people said. Shares in Chart jumped by 16.5% to $200 in after-hours trading on July 28, 2025 following the Financial Times report about the deal, after closing at $171.65 on Monday. Baker Hughes, Chart and Flowserve did not immediately respond to requests for comment. The deal was likely to be announced in the coming days, the people said, warning that the agreement was not final and the plans could change. Chart had initially agreed to a merge with Flowserve as part of an effort to strengthen its position as a supplier of equipment and services that manage the flow of liquids and gases across several industries. Baker Hughes’ decision to make a higher bid for Chart forced the company’s board to reconsider its deal with Flowserve, the people said. Shares in Flowserve jumped by 5.2% in after-hours trading.お知らせ • Jul 11Flowserve Corporation to Report Q2, 2025 Results on Jul 30, 2025Flowserve Corporation announced that they will report Q2, 2025 results After-Market on Jul 30, 2025お知らせ • Jun 30+ 1 more updateFlowserve Corporation(NYSE:FLS) dropped from Russell 1000 Defensive IndexFlowserve Corporation(NYSE:FLS) dropped from Russell 1000 Defensive IndexValuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$53.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Machinery industry in the United Kingdom. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$56.26 per share.Upcoming Dividend • Jun 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (2.3%).お知らせ • Jun 04Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction.Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction on June 3, 2025. The transaction is structured as an all-stock merger of equals. Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock owned. 6.75% Series B Mandatory Convertible Preferred Stock of Chart, that remain issued and outstanding immediately prior to the First Effective Time, each such share of Chart Preferred Stock shall be converted into the right to receive one share of a newly created 6.75% Series B Mandatory Convertible Preferred Stock of Flowserve, par value $1.00 per share, having the same rights, privileges and voting powers, and limitations and restrictions thereof, as the shares of Chart Preferred Stock had immediately prior to the First Effective Time. Following the close of the transaction, Chart shareholders will own approximately 53.5% and Flowserve shareholders will own approximately 46.5% of the combined company, on a fully diluted basis. A termination fee of $250 million is payable by chart and $215 million is payable by Flowserve. The combined company is expected to have an enterprise value of approximately $19 billion, generated net revenue of approximately $8.8 billion on a combined LTM basis as of the end of Q1 2025,leverage ratio of 2.0x net debt to adjusted EBITDA at close. Upon closing, the combined company’s Board will comprise 12 directors, six of whom will be from Chart and six from Flowserve. Ms. Evanko will serve as the Chair of the combined company’s Board of Directors, Mr. Rowe will serve as Chief Executive Officer of the combined company, and John Garrison will serve as Lead Independent Director of the combined company’s Board. Following the closing of the transaction, the combined company will have its headquarters in Dallas, TX and expects to maintain a presence in Atlanta and Houston, supported by a global footprint across more than 50 countries. The combined company will assume a new name and brand following close. The transaction has been unanimously approved by the board of directors of each company, subject to approval of shareholders of both Chart and Flowserve, the receipt of regulatory approvals, HSR act clearance,the effectiveness of a registration statement and the satisfaction of other customary closing conditions and is expected to close in the fourth quarter of 2025. The transaction is anticipated to be Meaningfully Accretive to Combined Adjusted EPS in First Year. Wells Fargo Securities, LLC acted as financial advisor and fairness opinion provider, Matt Stevens and Paul Huddle of Winston & Strawn LLP acted as legal advisor for Chart Industries, Inc. Guggenheim Securities, LLC acted as financial advisor and fairness opinion provider, Cravath, George F. Schoen and Daniel J. Cerqueira of Swaine & Moore LLP acted as legal advisor for Flowserve Corporation. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor. Veriten is serving as an independent strategic advisor to Flowserve.Declared Dividend • May 26First quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 27th June 2025 Payment date: 11th July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 17+ 1 more updateFlowserve Corporation Announces Board ChangesFlowserve Corporation announced the results of its 2025 Annual Meeting of Shareholders. At the virtual Annual Meeting, Flowserve’s, David E. Roberts did not stand for re-election, and John Garrison assumed the role of Independent Chairman. Shareholders elected a new director, Ross B. Shuster, to the board to also serve an annual term expiring at the 2026 Annual Meeting. Mr. Shuster is the CEO of Copeland. He previously served as chief executive officer of Howden and held leadership roles for various regional businesses at United Technologies Corporation.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: US$0.56 (vs US$0.56 in 1Q 2024)First quarter 2025 results: EPS: US$0.56 (down from US$0.56 in 1Q 2024). Revenue: US$1.14b (up 5.2% from 1Q 2024). Net income: US$73.9m (flat on 1Q 2024). Profit margin: 6.5% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 30Flowserve Corporation Reaffirms Earnings Guidance for the Year 2025Flowserve Corporation reaffirmed earnings guidance for the year 2025. For the year, the company expected organic sales growth of positive 3% to positive 5%. Total sales growth of positive 5% to positive 7%.お知らせ • Apr 11Flowserve Corporation to Report Q1, 2025 Results on Apr 29, 2025Flowserve Corporation announced that they will report Q1, 2025 results After-Market on Apr 29, 2025New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.お知らせ • Apr 04Flowserve Corporation, Annual General Meeting, May 16, 2025Flowserve Corporation, Annual General Meeting, May 16, 2025.Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$41.34, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in the United Kingdom. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.32 per share.Upcoming Dividend • Mar 21Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 April 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.3%).お知らせ • Mar 11Flowserve Corporation Launches First Sealless Pump with True Secondary Containment, Setting New Standard for SafetyFlowserve Corporation has launched the INNOMAG TB-MAG Dual Drive Pump, the world's first sealless pump to eliminate leaks, setting a new standard for safety and environmental protection. For chemical plant operators, processing toxic and hazardous fluids such as hydrofluoric acid or acrylonitrile requires safeguards to avoid potential catastrophic consequences for the sites and the environment around them. One such safeguard is using pumps with a secondary containment system to house liquid in the event of a pump failure. Historically, Canned Motor Pumps (CMPs) were the only viable option because sealless pumps with dual control systems include parts that wear over time and are susceptible to leaking. The INNOMAG TB- MAG Dual Drive now makes sealless pumps a safe alternative to CMPs and other sealless pumps with dual Control systems because the liquid and drive sections of the pump are both sealed airtight, providing a true secondary layer of protection in the pump. By containing the liquid in the pump, the motor remains liquid-free and operational - the most common downfall from CMP failures. The INNOMAGTB-MAG Dual Drive also has an additional layer of corrosion resistance for handling chemicals due to a non-metallic liner which coats the pump internally. These features help ensure the elimination of leaks, enabling a significant safety net for operators who process these fluids each day. The INNOMAG CB-MAG Dual Drive pump offers all the same benefits as other similar products: ISO/ASME (ANSI) compliant, simple installation, low-maintenance, solids handlings up to 30% volume concentration and reliability. With its modular design, standard single containment INNOMAG TB-Mag pumps can be enhanced by bolting on the Dual Drive unit. Alternatively, the INNOMAG TB - Dual Drive can be purchased as a complete unit.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$53.91, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$72.86 per share.Declared Dividend • Feb 24Fourth quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 28th March 2025 Payment date: 11th April 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to US$57.20. The fair value is estimated to be US$72.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.Reported Earnings • Feb 19Full year 2024 earnings released: EPS: US$2.15 (vs US$1.42 in FY 2023)Full year 2024 results: EPS: US$2.15 (up from US$1.42 in FY 2023). Revenue: US$4.56b (up 5.5% from FY 2023). Net income: US$282.8m (up 51% from FY 2023). Profit margin: 6.2% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 19+ 1 more updateFlowserve Corporation Provides Earnings Guidance for the Year 2025Flowserve Corporation provided earnings guidance for the year 2025. For the year, the company expects organic sales growth of positive 3% to positive 5%. Total sales growth of positive 5% to positive 7%.お知らせ • Jan 28Flowserve Corporation to Report Q4, 2024 Results on Feb 18, 2025Flowserve Corporation announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 18, 2025Buy Or Sell Opportunity • Jan 27Now 22% undervaluedOver the last 90 days, the stock has risen 10% to US$60.34. The fair value is estimated to be US$77.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.Declared Dividend • Dec 23Third quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 27th December 2024 Payment date: 10th January 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Dec 17Now 21% undervaluedOver the last 90 days, the stock has risen 28% to US$60.01. The fair value is estimated to be US$75.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.お知らせ • Dec 17Flowserve Corporation Announces Quarterly Cash Dividend, Payable on January 10, 2025Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable January 10, 2025, to shareholders of record as of the close of business on December 27, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.44 (vs US$0.35 in 3Q 2023)Third quarter 2024 results: EPS: US$0.44 (up from US$0.35 in 3Q 2023). Revenue: US$1.13b (up 3.5% from 3Q 2023). Net income: US$58.4m (up 27% from 3Q 2023). Profit margin: 5.2% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 29Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. The company reaffirmed Revenue Growth Up 4.0% to 6.0% and reported earnings per share to be $2.15 to $2.35.お知らせ • Oct 18Flowserve Corporation to Report Q3, 2024 Results on Oct 28, 2024Flowserve Corporation announced that they will report Q3, 2024 results After-Market on Oct 28, 2024お知らせ • Oct 17Flowserve Corporation (NYSE:FLS) acquired Mogas Industries, Inc. from MOGAS family.Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from MOGAS family for approximately $310 million on August 13, 2024. The Transaction includes an upfront purchase price of $290 million of cash consideration with an additional earnout of up to $15 million tied to the achievement of certain minimum levels of adjusted EBITDA of the MOGAS business for the calendar year ended December 31, 2024. The upfront purchase price represents a purchase multiple of approximately 7.5x MOGAS’ 2024E adjusted EBITDA. MOGAS will be integrated into Flowserve’s Flow Control Division. MOGAS team joins Flowserve. Flowserve expects to fund the upfront cash consideration through a combination of cash and available debt financing. The Transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The Transaction is expected to close in the fourth quarter of 2024. The Transaction is expected to be accretive to Flowserve’s adjusted EPS in the first full year following closing. Jefferies is serving as financial advisor and Baker McKenzie is serving as legal advisor to Flowserve. Baird is serving as financial advisor and Susan Pravda, Alexander Miska, Katharine Beattie, Katherine Califa, Christopher McKenna, Benjamin Dryden, Chanley Howell, Casey Knapp, Ethan Lenz, John Palmer, Joshua Roling, Sarah Slack, Christopher Swift, Sophie Lignier, and Sonia Kothari of Foley & Lardner is serving as legal advisors to MOGAS. Flowserve Corporation (NYSE:FLS) completed the acquisition of Mogas Industries, Inc. from MOGAS family on October 15, 2024. Flowserve used cash to fund the transaction’s purchase price.Upcoming Dividend • Sep 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.3%).Declared Dividend • Aug 19Second quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Aug 16Flowserve Corporation Announces Quarterly Cash Dividend, Payable on October 11, 2024Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024. The company currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.お知らせ • Aug 15Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from Mogas family for approximately $310 million.Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from Mogas family for approximately $310 million on August 13, 2024. The Transaction includes an upfront purchase price of $290 million of cash consideration with an additional earnout of up to $15 million tied to the achievement of certain minimum levels of adjusted EBITDA of the MOGAS business for the calendar year ended December 31, 2024. The upfront purchase price represents a purchase multiple of approximately 7.5x MOGAS’ 2024E adjusted EBITDA. MOGAS will be integrated into Flowserve’s Flow Control Division. MOGAS team joins Flowserve. Flowserve expects to fund the upfront cash consideration through a combination of cash and available debt financing. The Transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The Transaction is expected to close in the fourth quarter of 2024. The Transaction is expected to be accretive to Flowserve’s adjusted EPS in the first full year following closing. Jefferies is serving as financial advisor and Baker McKenzie is serving as legal advisor to Flowserve. Baird is serving as financial advisor and Susan Pravda, Alexander Miska, Katharine Beattie, Katherine Califa, Christopher McKenna, Benjamin Dryden, Chanley Howell, Casey Knapp, Ethan Lenz, John Palmer, Joshua Roling, Sarah Slack, Christopher Swift, Sophie Lignier, and Sonia Kothari of Foley & Lardner is serving as legal advisors to MOGAS.New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$5.0m sold).お知らせ • Jul 31Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. The company reaffirmed Revenue Growth Up 4.0% to 6.0% and reported earnings per share to be $2.25 to $2.45.Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: US$0.55 (vs US$0.39 in 2Q 2023)Second quarter 2024 results: EPS: US$0.55 (up from US$0.39 in 2Q 2023). Revenue: US$1.16b (up 7.1% from 2Q 2023). Net income: US$72.6m (up 42% from 2Q 2023). Profit margin: 6.3% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 13Flowserve Corporation to Report Q2, 2024 Results on Jul 29, 2024Flowserve Corporation announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2024Buy Or Sell Opportunity • Jul 06Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at US$47.55. The fair value is estimated to be US$59.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 8.7% in 2 years. Earnings are forecast to grow by 76% in the next 2 years.Declared Dividend • May 26First quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 89% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Recent Insider Transactions • May 24President recently sold US$5.0m worth of stockOn the 23rd of May, Robert Rowe sold around 100k shares on-market at roughly US$49.55 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.お知らせ • May 22Flowserve Corporation Announces Quarterly Cash Dividend, Payable on July 12, 2024Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on July 12, 2024, to shareholders of record as of the close of business on June 28, 2024.お知らせ • Apr 30Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. For the year, the company reaffirmed revenue Growth of up 4.0% to 6.0% and reported earnings per share of $2.25 - $2.45.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.56 (vs US$0.20 in 1Q 2023)First quarter 2024 results: EPS: US$0.56 (up from US$0.20 in 1Q 2023). Revenue: US$1.09b (up 11% from 1Q 2023). Net income: US$74.2m (up 177% from 1Q 2023). Profit margin: 6.8% (up from 2.7% in 1Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 16Flowserve Corporation to Report Q1, 2024 Results on Apr 29, 2024Flowserve Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024お知らせ • Apr 03Flowserve Corporation, Annual General Meeting, May 16, 2024Flowserve Corporation, Annual General Meeting, May 16, 2024, at 11:30 Central Daylight. Agenda: To consider Elect the 11 directors named in the proxy statement; to consider approve, on an advisory basis, the Company’s executive compensation; to ratify the appointment of PricewaterhouseCoopers as company's independent auditor for 2024; to consider and approve the Company’s employee stock purchase plan; to consider Shareholder Proposal to report the Company’s political spending and policies and procedures regarding political spending.Upcoming Dividend • Mar 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (2.1%).Recent Insider Transactions • Feb 27President of Flow Control Division recently sold US$842k worth of stockOn the 26th of February, Kirk Wilson sold around 20k shares on-market at roughly US$42.12 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Declared Dividend • Feb 26Fourth quarter dividend increased to US$0.21Dividend of US$0.21 is 5.0% higher than last year. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.New Risk • Feb 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$1.42 (vs US$1.44 in FY 2022)Full year 2023 results: EPS: US$1.42 (down from US$1.44 in FY 2022). Revenue: US$4.32b (up 20% from FY 2022). Net income: US$186.7m (down 1.0% from FY 2022). Profit margin: 4.3% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 21+ 1 more updateFlowserve Corporation Announces Quarterly Cash Dividend, Payable on April 12, 2024Flowserve Corporation authorized a 5% increase in the quarterly cash dividend to $0.21 per share on the company's outstanding shares of common stock and replenished the total share repurchase authorization under the current share repurchase program to $300 million, inclusive of approximately $96 million of capacity remaining. The dividend is payable on April 12, 2024, to shareholders of record as of the close of business on March 28, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board at its discretion.お知らせ • Feb 07Flowserve Corporation Announces Executive ChangesOn February 1, 2024, Elizabeth L. Burger tendered her resignation as Senior Vice President, Chief Human Resources Officer of Flowserve Corporation, in order to accept a position as EVP and chief human resources officer at another publicly traded company. Ms. Burger will continue in her current role until her departure on March 1, 2024. Susan C. Hudson, the Company’s Senior Vice President and Chief Legal Officer, will then assume Ms. Burger’s responsibilities on an interim basis, until a replacement is identified.お知らせ • Feb 02Flowserve Corporation to Report Q4, 2023 Results on Feb 20, 2024Flowserve Corporation announced that they will report Q4, 2023 results After-Market on Feb 20, 2024Upcoming Dividend • Dec 21Upcoming dividend of US$0.20 per share at 2.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 86%. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.6%).お知らせ • Oct 27Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS).Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS) on October 25, 2023.The completion of the transaction is subject to approval by the respective authorities. The closing is expected to take place in Q1 2024株主還元0IQEGB MachineryGB 市場7D6.6%3.9%2.5%1Y41.9%19.8%19.4%株主還元を見る業界別リターン: 0IQE過去 1 年間で19.8 % の収益を上げたUK Machinery業界を上回りました。リターン対市場: 0IQE過去 1 年間で19.4 % の収益を上げたUK市場を上回りました。価格変動Is 0IQE's price volatile compared to industry and market?0IQE volatility0IQE Average Weekly Movement7.5%Machinery Industry Average Movement5.6%Market Average Movement5.7%10% most volatile stocks in GB Market12.0%10% least volatile stocks in GB Market3.0%安定した株価: 0IQE 、 UK市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 0IQEの 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト179016,000Robert Rowewww.flowserve.com米国、カナダ、メキシコ、欧州、中東、アフリカ、アジア太平洋地域で産業用流量管理機器の設計、製造、販売、サービスを行う。Flowserve Pumps Division (FPD)とFlow Control Division (FCD)の2つのセグメントで事業を展開。カスタム設計ポンプ、構成済み産業用ポンプ、ポンプシステム、メカニカルシール、補助システム、交換部品、関連サービスを提供し、ガスパイプラインやエネルギー生産・プロセス市場向けにガス潤滑メカニカルシールを製造している。また、据付、試運転サービス、シールシステムスペアパーツ、修理、高度診断、リレート・アップグレードソリューション、レトロフィットプログラム、機械加工・資産管理ソリューションなどの機器サービスも提供。加えて、同社は、エンジニアリングによる受注生産と構成による受注生産のアイソレーションバルブ、コントロールバルブ、バルブオートメーション製品、および関連サービスと機器、および液体、気体、多相流体の流れを制御、指示、管理するために使用され、あらゆる流量制御システムの一部であるアクチュエータ、ポジショナ、スイッチを提供している。さらに、高度な診断、修理、設置、試運転、レトロフィット・プログラム、現場加工能力など、流量制御システムの機器メンテナンス・サービスも提供している。Valtek、Argus、Worcester、Limitorque、Durcoのブランドで製品を販売している。同社は石油・ガス、発電、化学、水管理、製薬、鉱業、食品・飲料、鉄鋼、パルプ・製紙などの一般産業に製品を提供している。直販、代理店、販売代理店を通じて製品を販売している。フローサーブは1790年に設立され、テキサス州アービングに本社を置く。もっと見るFlowserve Corporation 基礎のまとめFlowserve の収益と売上を時価総額と比較するとどうか。0IQE 基礎統計学時価総額US$8.90b収益（TTM）US$354.02m売上高(TTM)US$4.65b25.1xPER（株価収益率1.9xP/Sレシオ0IQE は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計0IQE 損益計算書（TTM）収益US$4.65b売上原価US$3.00b売上総利益US$1.65bその他の費用US$1.30b収益US$354.02m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.77グロス・マージン35.53%純利益率7.61%有利子負債／自己資本比率73.9%0IQE の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.3%現在の配当利回り31%配当性向0IQE 配当は確実ですか？0IQE 配当履歴とベンチマークを見る0IQE 、いつまでに購入すれば配当金を受け取れますか？Flowserve 配当日配当落ち日Jun 26 2026配当支払日Jul 10 2026配当落ちまでの日数32 days配当支払日までの日数46 days0IQE 配当は確実ですか？0IQE 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 17:02終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Flowserve Corporation 11 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。33 アナリスト機関Michael HalloranBairdAndrew KaplowitzBarclaysCharles BradyBMO Capital Markets Equity Research30 その他のアナリストを表示
Declared Dividend • May 17First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 26th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 26%.
お知らせ • May 16+ 1 more updateFlowserve Corporation Declares Quarterly Dividend, Payable on July 10, 2026Flowserve Corporation Board of Directors has authorized a quarterly cash dividend of $0.22 per share on outstanding shares of common stock. The dividend is payable July 10, 2026, to shareholders of record as of the close of business on June 26, 2026. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends at this $0.22 per share rate or otherwise will be reviewed individually and declared by the Board of Directors at its discretion.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$69.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.81 per share.
お知らせ • May 02Flowserve Corporation Updates Earnings Guidance for the Fiscal Year 2026Flowserve Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects total sales growth of +3% to +6% compared to previous guidance of +5% to +7%.
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: US$0.64 (vs US$0.56 in 1Q 2025)First quarter 2026 results: EPS: US$0.64 (up from US$0.56 in 1Q 2025). Revenue: US$1.07b (down 6.7% from 1Q 2025). Net income: US$81.7m (up 11% from 1Q 2025). Profit margin: 7.6% (up from 6.5% in 1Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 15Flowserve Corporation to Report Q1, 2026 Results on Apr 29, 2026Flowserve Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
Declared Dividend • May 17First quarter dividend of US$0.22 announcedShareholders will receive a dividend of US$0.22. Ex-date: 26th June 2026 Payment date: 10th July 2026 Dividend yield will be 1.3%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 31%. Cash payout ratio: 26%.
お知らせ • May 16+ 1 more updateFlowserve Corporation Declares Quarterly Dividend, Payable on July 10, 2026Flowserve Corporation Board of Directors has authorized a quarterly cash dividend of $0.22 per share on outstanding shares of common stock. The dividend is payable July 10, 2026, to shareholders of record as of the close of business on June 26, 2026. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends at this $0.22 per share rate or otherwise will be reviewed individually and declared by the Board of Directors at its discretion.
Valuation Update With 7 Day Price Move • May 06Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$69.81, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total returns to shareholders of 109% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$78.81 per share.
お知らせ • May 02Flowserve Corporation Updates Earnings Guidance for the Fiscal Year 2026Flowserve Corporation updated earnings guidance for the fiscal year 2026. For the year, the company expects total sales growth of +3% to +6% compared to previous guidance of +5% to +7%.
Reported Earnings • Apr 30First quarter 2026 earnings released: EPS: US$0.64 (vs US$0.56 in 1Q 2025)First quarter 2026 results: EPS: US$0.64 (up from US$0.56 in 1Q 2025). Revenue: US$1.07b (down 6.7% from 1Q 2025). Net income: US$81.7m (up 11% from 1Q 2025). Profit margin: 7.6% (up from 6.5% in 1Q 2025). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 15Flowserve Corporation to Report Q1, 2026 Results on Apr 29, 2026Flowserve Corporation announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
お知らせ • Apr 03Flowserve Corporation, Annual General Meeting, May 14, 2026Flowserve Corporation, Annual General Meeting, May 14, 2026.
Buy Or Sell Opportunity • Mar 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.5% to US$69.28. The fair value is estimated to be US$88.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.0% over the last 3 years. Earnings per share has grown by 21%. For the next 3 years, revenue is forecast to grow by 5.4% per annum. Earnings are also forecast to grow by 21% per annum over the same time period.
Upcoming Dividend • Mar 20Upcoming dividend of US$0.22 per shareEligible shareholders must have bought the stock before 27 March 2026. Payment date: 10 April 2026. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.2%).
お知らせ • Mar 16Flowserve Corporation Appoints Brian Savoy to Board of Directors and Audit Committee and Technology, Innovation and Risk Committee, Effective March 16, 2026Flowserve Corporation announced that its Board of Directors has elected Brian Savoy as a member of the Board of Directors and appointed him to the Audit Committee and Technology, Innovation and Risk Committee, effective March 16, 2026. Mr. Savoy currently serves as the Chief Financial Officer and Executive Vice President at Duke Energy, an electric power and natural gas holding company. His experience also includes serving as Duke Energy’s Chief Strategy and Commercial Officer as well as its Chief Transformation and Administrative Officer. Brian also currently serves as a board member and audit committee chair for the Electric Power Research Institute, a nonprofit organization advancing safe, reliable, and sustainable energy through research and collaboration with utilities, regulators, and policymakers. Mr. Savoy earned a Bachelor of Business Administration degree in accounting from Lamar University and is a certified public accountant.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to US$74.17, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 20x in the Machinery industry in the United Kingdom. Total returns to shareholders of 149% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$86.61 per share.
New Risk • Feb 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$7.9m sold).
Recent Insider Transactions • Feb 18Independent Director recently sold US$689k worth of stockOn the 17th of February, Michael McMurray sold around 8k shares on-market at roughly US$89.96 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$6.9m. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months.
Declared Dividend • Feb 15Fourth quarter dividend increased to US$0.22Dividend of US$0.22 is 4.8% higher than last year. Ex-date: 27th March 2026 Payment date: 10th April 2026 Dividend yield will be 0.9%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 32%. Cash payout ratio: 25%.
お知らせ • Feb 13Flowserve Corporation Announces Quarterly Dividend, Payable on April 10, 2026Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.22 per share on the Company’s outstanding shares of common stock. This represents a 5% increase to the Company’s most recent per share quarterly dividend. The dividend is payable on April 10, 2026, to shareholders of record as of the close of business on March 27, 2026.
New Risk • Feb 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$7.0m sold).
お知らせ • Feb 06Flowserve Corporation Provides Earnings Guidance for the Financial Year 2026Flowserve Corporation provided earnings guidance for the financial year 2026. For the year 2026, Organic Sales Growth to be +1% to +3%. Total Sales Growth to be +5% to +7%.
お知らせ • Jan 21Flowserve Corporation to Report Q4, 2025 Results on Feb 05, 2026Flowserve Corporation announced that they will report Q4, 2025 results After-Market on Feb 05, 2026
お知らせ • Jan 01Kenneth I. Siegel Announces Not Stand for Re-Election to the Board of Flowserve CorporationFlowserve Corporation announced that on December 29, 2025, Kenneth I. Siegel informed the Board of Directors of Flowserve Corporation that he would not stand for re-election at the Company's 2026 annual meeting of shareholders. Mr. Siegel will continue to serve as a director until the annual meeting. Mr. Siegel's decision not to stand for re-election was not the result of any disagreement with the management or the Board of the Company.
お知らせ • Dec 17Flowserve Corporation (NYSE:FLS) acquired Greenray Turbine Solutions Limited for approximately $72 million.Flowserve Corporation (NYSE:FLS) acquired Greenray Turbine Solutions Limited for approximately $72 million on December 16, 2025. A cash consideration of $72 million will be paid by Flowserve Corporation. As part of consideration, $72 million is paid towards common equity of Greenray Turbine Solutions Limited. Flowserve Corporation (NYSE:FLS) completed the acquisition of Greenray Turbine Solutions Limited for approximately $72 million on December 16, 2025.
Declared Dividend • Dec 15Third quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 26th December 2025 Payment date: 9th January 2026 Dividend yield will be 1.2%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 24%. Cash payout ratio: 17%.
お知らせ • Dec 12Flowserve Corporation Announces Quarterly Cash Dividend on Common Stock, Payable on January 9, 2026Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the Company’s outstanding shares of common stock. The dividend is payable on January 9, 2026, to shareholders of record as of the close of business on December 26, 2025. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.
Recent Insider Transactions • Dec 04President recently sold US$6.9m worth of stockOn the 2nd of December, Robert Rowe sold around 98k shares on-market at roughly US$70.40 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 06Senior VP & CFO recently sold US$3.3m worth of stockOn the 4th of November, Amy Schwetz sold around 47k shares on-market at roughly US$71.02 per share. This transaction amounted to 47% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Amy's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • Nov 04Investor sentiment improves as stock rises 33%After last week's 33% share price gain to US$70.89, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 168% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$80.68 per share.
Buy Or Sell Opportunity • Oct 30Now 21% undervaluedOver the last 90 days, the stock has risen 25% to US$67.46. The fair value is estimated to be US$85.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 28%. Revenue is forecast to grow by 9.6% in 2 years. Earnings are forecast to grow by 12% in the next 2 years.
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: US$1.69 (vs US$0.44 in 3Q 2024)Third quarter 2025 results: EPS: US$1.69 (up from US$0.44 in 3Q 2024). Revenue: US$1.17b (up 3.6% from 3Q 2024). Net income: US$219.6m (up 276% from 3Q 2024). Profit margin: 19% (up from 5.2% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 29Flowserve Corporation Updates Earnings Guidance for the Full-Year 2025Flowserve Corporation updated earnings guidance for the full-year 2025. For the year, the company expected organic sales growth of positive 2% as compared to prior guidance of positive 3% to positive 4%. Total sales growth of positive 4% to positive 5% as compared to prior guidance of positive 5% to positive 6%.
お知らせ • Oct 08Flowserve Corporation to Report Q3, 2025 Results on Oct 28, 2025Flowserve Corporation announced that they will report Q3, 2025 results at 4:00 PM, US Eastern Standard Time on Oct 28, 2025
Upcoming Dividend • Sep 19Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 26 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.2%).
お知らせ • Sep 17Flowserve Corporation Announces Executive ChangesFlowserve Corporation has announced that Alice DeBiasio will join the company as President of the Flow Control Division, beginning Oct. 13, 2025. Alice DeBiasio is an accomplished leader with extensive experience leading global industrial organizations and driving consistent profitable growth, innovation and customer loyalty. Most recently, DeBiasio served as Vice President, General Manager at Carrier Corporation, where she led multiple business segments, including Truck Trailer Americas, Sensitech and Digital Solutions for the entire Climate Solutions Transportation divisions. Prior to Carrier, she held leadership roles of increasing responsibility at Resideo (formerly Honeywell) and Northrop Grumman, where she focused on product management, software solutions, project management and engineering. DeBiasio holds an MBA and a Master of Science in Mechanical Engineering from SUNY Stony Brook University, as well as a Bachelor of Science in Mechanical Engineering and a Bachelor of Arts in Music Instrumental Performance from the University of Miami. Kirk Wilson, the current President of the Flow Control Division, will remain with Flowserve as a senior advisor through Jan. 9, 2026, to assist with special projects and ensure a smooth transition as DeBiasio enters her new role.
Declared Dividend • Aug 18Second quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 26th September 2025 Payment date: 10th October 2025 Dividend yield will be 1.6%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (38% earnings payout ratio) and cash flows (28% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 94% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 14Flowserve Corporation Announces Quarterly Cash Dividend, Payable on October 10, 2025Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the Company’s outstanding shares of common stock. The dividend is payable on October 10, 2025, to shareholders of record as of the close of business on September 26, 2025.
Recent Insider Transactions • Aug 12President of Flow Control Division recently sold US$526k worth of stockOn the 8th of August, Kirk Wilson sold around 10k shares on-market at roughly US$52.58 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Reported Earnings • Jul 29Second quarter 2025 earnings released: EPS: US$0.63 (vs US$0.55 in 2Q 2024)Second quarter 2025 results: EPS: US$0.63 (up from US$0.55 in 2Q 2024). Revenue: US$1.19b (up 2.7% from 2Q 2024). Net income: US$81.8m (up 13% from 2Q 2024). Profit margin: 6.9% (up from 6.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 29+ 1 more updateBaker Hughes Reportedly Nears $13.6 Billion Deal to Buy Chart Industries over the Head of Rival SuitorOil and gas equipment supplier Baker Hughes Company (NasdaqGS:BKR) is nearing a $13.6 billion all-cash deal to buy Chart Industries, Inc. (NYSE:GTLS), gatecrashing an earlier agreement to merge with rival Flowserve Corporation (NYSE:FLS), according to people familiar with the matter. The acquisition will give Baker Hughes, the $46 billion oilfield services group, a stronger foothold serving crucial industries such as liquefied natural gas, nuclear energy and data centres and help to boost its fast-growing industrial and energy technology division. The deal to buy Chart, which specialises in handling gas and liquids at extremely low temperatures mainly for industrial clients, would displace an agreement the company made earlier this year with rival Flowserve to combine in a $19 billion all-stock merger, the people said. That agreement, which was framed as a merger of equals, had now been terminated, they added. The deal values Chart’s equity at $210 a share, a 22% premium to its market capitalisation, giving it an equity value of about $10 billion, the people said. Shares in Chart jumped by 16.5% to $200 in after-hours trading on July 28, 2025 following the Financial Times report about the deal, after closing at $171.65 on Monday. Baker Hughes, Chart and Flowserve did not immediately respond to requests for comment. The deal was likely to be announced in the coming days, the people said, warning that the agreement was not final and the plans could change. Chart had initially agreed to a merge with Flowserve as part of an effort to strengthen its position as a supplier of equipment and services that manage the flow of liquids and gases across several industries. Baker Hughes’ decision to make a higher bid for Chart forced the company’s board to reconsider its deal with Flowserve, the people said. Shares in Flowserve jumped by 5.2% in after-hours trading.
お知らせ • Jul 11Flowserve Corporation to Report Q2, 2025 Results on Jul 30, 2025Flowserve Corporation announced that they will report Q2, 2025 results After-Market on Jul 30, 2025
お知らせ • Jun 30+ 1 more updateFlowserve Corporation(NYSE:FLS) dropped from Russell 1000 Defensive IndexFlowserve Corporation(NYSE:FLS) dropped from Russell 1000 Defensive Index
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 15%After last week's 15% share price gain to US$53.84, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Machinery industry in the United Kingdom. Total returns to shareholders of 100% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$56.26 per share.
Upcoming Dividend • Jun 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (5.5%). Lower than average of industry peers (2.3%).
お知らせ • Jun 04Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction.Flowserve Corporation (NYSE:FLS) entered into a definitive agreement to acquire Chart Industries, Inc. (NYSE:GTLS) for approximately $7.2 billion in a merger of equals transaction on June 3, 2025. The transaction is structured as an all-stock merger of equals. Chart shareholders will receive 3.165 shares of Flowserve common stock for each share of Chart common stock owned. 6.75% Series B Mandatory Convertible Preferred Stock of Chart, that remain issued and outstanding immediately prior to the First Effective Time, each such share of Chart Preferred Stock shall be converted into the right to receive one share of a newly created 6.75% Series B Mandatory Convertible Preferred Stock of Flowserve, par value $1.00 per share, having the same rights, privileges and voting powers, and limitations and restrictions thereof, as the shares of Chart Preferred Stock had immediately prior to the First Effective Time. Following the close of the transaction, Chart shareholders will own approximately 53.5% and Flowserve shareholders will own approximately 46.5% of the combined company, on a fully diluted basis. A termination fee of $250 million is payable by chart and $215 million is payable by Flowserve. The combined company is expected to have an enterprise value of approximately $19 billion, generated net revenue of approximately $8.8 billion on a combined LTM basis as of the end of Q1 2025,leverage ratio of 2.0x net debt to adjusted EBITDA at close. Upon closing, the combined company’s Board will comprise 12 directors, six of whom will be from Chart and six from Flowserve. Ms. Evanko will serve as the Chair of the combined company’s Board of Directors, Mr. Rowe will serve as Chief Executive Officer of the combined company, and John Garrison will serve as Lead Independent Director of the combined company’s Board. Following the closing of the transaction, the combined company will have its headquarters in Dallas, TX and expects to maintain a presence in Atlanta and Houston, supported by a global footprint across more than 50 countries. The combined company will assume a new name and brand following close. The transaction has been unanimously approved by the board of directors of each company, subject to approval of shareholders of both Chart and Flowserve, the receipt of regulatory approvals, HSR act clearance,the effectiveness of a registration statement and the satisfaction of other customary closing conditions and is expected to close in the fourth quarter of 2025. The transaction is anticipated to be Meaningfully Accretive to Combined Adjusted EPS in First Year. Wells Fargo Securities, LLC acted as financial advisor and fairness opinion provider, Matt Stevens and Paul Huddle of Winston & Strawn LLP acted as legal advisor for Chart Industries, Inc. Guggenheim Securities, LLC acted as financial advisor and fairness opinion provider, Cravath, George F. Schoen and Daniel J. Cerqueira of Swaine & Moore LLP acted as legal advisor for Flowserve Corporation. Joele Frank, Wilkinson Brimmer Katcher is serving as strategic communications advisor. Veriten is serving as an independent strategic advisor to Flowserve.
Declared Dividend • May 26First quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 27th June 2025 Payment date: 11th July 2025 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (47% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 87% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 17+ 1 more updateFlowserve Corporation Announces Board ChangesFlowserve Corporation announced the results of its 2025 Annual Meeting of Shareholders. At the virtual Annual Meeting, Flowserve’s, David E. Roberts did not stand for re-election, and John Garrison assumed the role of Independent Chairman. Shareholders elected a new director, Ross B. Shuster, to the board to also serve an annual term expiring at the 2026 Annual Meeting. Mr. Shuster is the CEO of Copeland. He previously served as chief executive officer of Howden and held leadership roles for various regional businesses at United Technologies Corporation.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: US$0.56 (vs US$0.56 in 1Q 2024)First quarter 2025 results: EPS: US$0.56 (down from US$0.56 in 1Q 2024). Revenue: US$1.14b (up 5.2% from 1Q 2024). Net income: US$73.9m (flat on 1Q 2024). Profit margin: 6.5% (down from 6.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 30Flowserve Corporation Reaffirms Earnings Guidance for the Year 2025Flowserve Corporation reaffirmed earnings guidance for the year 2025. For the year, the company expected organic sales growth of positive 3% to positive 5%. Total sales growth of positive 5% to positive 7%.
お知らせ • Apr 11Flowserve Corporation to Report Q1, 2025 Results on Apr 29, 2025Flowserve Corporation announced that they will report Q1, 2025 results After-Market on Apr 29, 2025
New Risk • Apr 10New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of British stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
お知らせ • Apr 04Flowserve Corporation, Annual General Meeting, May 16, 2025Flowserve Corporation, Annual General Meeting, May 16, 2025.
Valuation Update With 7 Day Price Move • Apr 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$41.34, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Machinery industry in the United Kingdom. Total returns to shareholders of 24% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$69.32 per share.
Upcoming Dividend • Mar 21Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 28 March 2025. Payment date: 11 April 2025. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.3%).
お知らせ • Mar 11Flowserve Corporation Launches First Sealless Pump with True Secondary Containment, Setting New Standard for SafetyFlowserve Corporation has launched the INNOMAG TB-MAG Dual Drive Pump, the world's first sealless pump to eliminate leaks, setting a new standard for safety and environmental protection. For chemical plant operators, processing toxic and hazardous fluids such as hydrofluoric acid or acrylonitrile requires safeguards to avoid potential catastrophic consequences for the sites and the environment around them. One such safeguard is using pumps with a secondary containment system to house liquid in the event of a pump failure. Historically, Canned Motor Pumps (CMPs) were the only viable option because sealless pumps with dual control systems include parts that wear over time and are susceptible to leaking. The INNOMAG TB- MAG Dual Drive now makes sealless pumps a safe alternative to CMPs and other sealless pumps with dual Control systems because the liquid and drive sections of the pump are both sealed airtight, providing a true secondary layer of protection in the pump. By containing the liquid in the pump, the motor remains liquid-free and operational - the most common downfall from CMP failures. The INNOMAGTB-MAG Dual Drive also has an additional layer of corrosion resistance for handling chemicals due to a non-metallic liner which coats the pump internally. These features help ensure the elimination of leaks, enabling a significant safety net for operators who process these fluids each day. The INNOMAG CB-MAG Dual Drive pump offers all the same benefits as other similar products: ISO/ASME (ANSI) compliant, simple installation, low-maintenance, solids handlings up to 30% volume concentration and reliability. With its modular design, standard single containment INNOMAG TB-Mag pumps can be enhanced by bolting on the Dual Drive unit. Alternatively, the INNOMAG TB - Dual Drive can be purchased as a complete unit.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to US$53.91, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Machinery industry in the United Kingdom. Total returns to shareholders of 91% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$72.86 per share.
Declared Dividend • Feb 24Fourth quarter dividend of US$0.21 announcedDividend of US$0.21 is the same as last year. Ex-date: 28th March 2025 Payment date: 11th April 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (32% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 56% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Feb 20Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.8% to US$57.20. The fair value is estimated to be US$72.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 71% in the next 2 years.
Reported Earnings • Feb 19Full year 2024 earnings released: EPS: US$2.15 (vs US$1.42 in FY 2023)Full year 2024 results: EPS: US$2.15 (up from US$1.42 in FY 2023). Revenue: US$4.56b (up 5.5% from FY 2023). Net income: US$282.8m (up 51% from FY 2023). Profit margin: 6.2% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 19+ 1 more updateFlowserve Corporation Provides Earnings Guidance for the Year 2025Flowserve Corporation provided earnings guidance for the year 2025. For the year, the company expects organic sales growth of positive 3% to positive 5%. Total sales growth of positive 5% to positive 7%.
お知らせ • Jan 28Flowserve Corporation to Report Q4, 2024 Results on Feb 18, 2025Flowserve Corporation announced that they will report Q4, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 18, 2025
Buy Or Sell Opportunity • Jan 27Now 22% undervaluedOver the last 90 days, the stock has risen 10% to US$60.34. The fair value is estimated to be US$77.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.
Declared Dividend • Dec 23Third quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 27th December 2024 Payment date: 10th January 2025 Dividend yield will be 1.5%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 2.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Dec 17Now 21% undervaluedOver the last 90 days, the stock has risen 28% to US$60.01. The fair value is estimated to be US$75.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 29%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.
お知らせ • Dec 17Flowserve Corporation Announces Quarterly Cash Dividend, Payable on January 10, 2025Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable January 10, 2025, to shareholders of record as of the close of business on December 27, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: US$0.44 (vs US$0.35 in 3Q 2023)Third quarter 2024 results: EPS: US$0.44 (up from US$0.35 in 3Q 2023). Revenue: US$1.13b (up 3.5% from 3Q 2023). Net income: US$58.4m (up 27% from 3Q 2023). Profit margin: 5.2% (up from 4.2% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 29Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. The company reaffirmed Revenue Growth Up 4.0% to 6.0% and reported earnings per share to be $2.15 to $2.35.
お知らせ • Oct 18Flowserve Corporation to Report Q3, 2024 Results on Oct 28, 2024Flowserve Corporation announced that they will report Q3, 2024 results After-Market on Oct 28, 2024
お知らせ • Oct 17Flowserve Corporation (NYSE:FLS) acquired Mogas Industries, Inc. from MOGAS family.Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from MOGAS family for approximately $310 million on August 13, 2024. The Transaction includes an upfront purchase price of $290 million of cash consideration with an additional earnout of up to $15 million tied to the achievement of certain minimum levels of adjusted EBITDA of the MOGAS business for the calendar year ended December 31, 2024. The upfront purchase price represents a purchase multiple of approximately 7.5x MOGAS’ 2024E adjusted EBITDA. MOGAS will be integrated into Flowserve’s Flow Control Division. MOGAS team joins Flowserve. Flowserve expects to fund the upfront cash consideration through a combination of cash and available debt financing. The Transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The Transaction is expected to close in the fourth quarter of 2024. The Transaction is expected to be accretive to Flowserve’s adjusted EPS in the first full year following closing. Jefferies is serving as financial advisor and Baker McKenzie is serving as legal advisor to Flowserve. Baird is serving as financial advisor and Susan Pravda, Alexander Miska, Katharine Beattie, Katherine Califa, Christopher McKenna, Benjamin Dryden, Chanley Howell, Casey Knapp, Ethan Lenz, John Palmer, Joshua Roling, Sarah Slack, Christopher Swift, Sophie Lignier, and Sonia Kothari of Foley & Lardner is serving as legal advisors to MOGAS. Flowserve Corporation (NYSE:FLS) completed the acquisition of Mogas Industries, Inc. from MOGAS family on October 15, 2024. Flowserve used cash to fund the transaction’s purchase price.
Upcoming Dividend • Sep 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 11 October 2024. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of British dividend payers (5.4%). Lower than average of industry peers (2.3%).
Declared Dividend • Aug 19Second quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 27th September 2024 Payment date: 11th October 2024 Dividend yield will be 1.8%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (42% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 88% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 16Flowserve Corporation Announces Quarterly Cash Dividend, Payable on October 11, 2024Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on October 11, 2024, to shareholders of record as of the close of business on September 27, 2024. The company currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion.
お知らせ • Aug 15Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from Mogas family for approximately $310 million.Flowserve Corporation (NYSE:FLS) has signed a definitive agreement to acquire Mogas Industries, Inc. from Mogas family for approximately $310 million on August 13, 2024. The Transaction includes an upfront purchase price of $290 million of cash consideration with an additional earnout of up to $15 million tied to the achievement of certain minimum levels of adjusted EBITDA of the MOGAS business for the calendar year ended December 31, 2024. The upfront purchase price represents a purchase multiple of approximately 7.5x MOGAS’ 2024E adjusted EBITDA. MOGAS will be integrated into Flowserve’s Flow Control Division. MOGAS team joins Flowserve. Flowserve expects to fund the upfront cash consideration through a combination of cash and available debt financing. The Transaction is subject to the satisfaction of customary closing conditions and regulatory approvals. The Transaction is expected to close in the fourth quarter of 2024. The Transaction is expected to be accretive to Flowserve’s adjusted EPS in the first full year following closing. Jefferies is serving as financial advisor and Baker McKenzie is serving as legal advisor to Flowserve. Baird is serving as financial advisor and Susan Pravda, Alexander Miska, Katharine Beattie, Katherine Califa, Christopher McKenna, Benjamin Dryden, Chanley Howell, Casey Knapp, Ethan Lenz, John Palmer, Joshua Roling, Sarah Slack, Christopher Swift, Sophie Lignier, and Sonia Kothari of Foley & Lardner is serving as legal advisors to MOGAS.
New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Significant insider selling over the past 3 months (US$5.0m sold).
お知らせ • Jul 31Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. The company reaffirmed Revenue Growth Up 4.0% to 6.0% and reported earnings per share to be $2.25 to $2.45.
Reported Earnings • Jul 30Second quarter 2024 earnings released: EPS: US$0.55 (vs US$0.39 in 2Q 2023)Second quarter 2024 results: EPS: US$0.55 (up from US$0.39 in 2Q 2023). Revenue: US$1.16b (up 7.1% from 2Q 2023). Net income: US$72.6m (up 42% from 2Q 2023). Profit margin: 6.3% (up from 4.7% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 13Flowserve Corporation to Report Q2, 2024 Results on Jul 29, 2024Flowserve Corporation announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Jul 29, 2024
Buy Or Sell Opportunity • Jul 06Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at US$47.55. The fair value is estimated to be US$59.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 8.7% in 2 years. Earnings are forecast to grow by 76% in the next 2 years.
Declared Dividend • May 26First quarter dividend of US$0.21 announcedShareholders will receive a dividend of US$0.21. Ex-date: 28th June 2024 Payment date: 12th July 2024 Dividend yield will be 1.7%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 89% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Recent Insider Transactions • May 24President recently sold US$5.0m worth of stockOn the 23rd of May, Robert Rowe sold around 100k shares on-market at roughly US$49.55 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Robert's only on-market trade for the last 12 months.
お知らせ • May 22Flowserve Corporation Announces Quarterly Cash Dividend, Payable on July 12, 2024Flowserve Corporation announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable on July 12, 2024, to shareholders of record as of the close of business on June 28, 2024.
お知らせ • Apr 30Flowserve Corporation Reaffirms Earnings Guidance for the Year 2024Flowserve Corporation reaffirmed earnings guidance for the year 2024. For the year, the company reaffirmed revenue Growth of up 4.0% to 6.0% and reported earnings per share of $2.25 - $2.45.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: US$0.56 (vs US$0.20 in 1Q 2023)First quarter 2024 results: EPS: US$0.56 (up from US$0.20 in 1Q 2023). Revenue: US$1.09b (up 11% from 1Q 2023). Net income: US$74.2m (up 177% from 1Q 2023). Profit margin: 6.8% (up from 2.7% in 1Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 16Flowserve Corporation to Report Q1, 2024 Results on Apr 29, 2024Flowserve Corporation announced that they will report Q1, 2024 results at 4:00 PM, US Eastern Standard Time on Apr 29, 2024
お知らせ • Apr 03Flowserve Corporation, Annual General Meeting, May 16, 2024Flowserve Corporation, Annual General Meeting, May 16, 2024, at 11:30 Central Daylight. Agenda: To consider Elect the 11 directors named in the proxy statement; to consider approve, on an advisory basis, the Company’s executive compensation; to ratify the appointment of PricewaterhouseCoopers as company's independent auditor for 2024; to consider and approve the Company’s employee stock purchase plan; to consider Shareholder Proposal to report the Company’s political spending and policies and procedures regarding political spending.
Upcoming Dividend • Mar 20Upcoming dividend of US$0.21 per shareEligible shareholders must have bought the stock before 27 March 2024. Payment date: 12 April 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.2%). In line with average of industry peers (2.1%).
Recent Insider Transactions • Feb 27President of Flow Control Division recently sold US$842k worth of stockOn the 26th of February, Kirk Wilson sold around 20k shares on-market at roughly US$42.12 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Declared Dividend • Feb 26Fourth quarter dividend increased to US$0.21Dividend of US$0.21 is 5.0% higher than last year. Ex-date: 27th March 2024 Payment date: 12th April 2024 Dividend yield will be 1.9%, which is lower than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 104% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
New Risk • Feb 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 21Full year 2023 earnings released: EPS: US$1.42 (vs US$1.44 in FY 2022)Full year 2023 results: EPS: US$1.42 (down from US$1.44 in FY 2022). Revenue: US$4.32b (up 20% from FY 2022). Net income: US$186.7m (down 1.0% from FY 2022). Profit margin: 4.3% (down from 5.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 21+ 1 more updateFlowserve Corporation Announces Quarterly Cash Dividend, Payable on April 12, 2024Flowserve Corporation authorized a 5% increase in the quarterly cash dividend to $0.21 per share on the company's outstanding shares of common stock and replenished the total share repurchase authorization under the current share repurchase program to $300 million, inclusive of approximately $96 million of capacity remaining. The dividend is payable on April 12, 2024, to shareholders of record as of the close of business on March 28, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board at its discretion.
お知らせ • Feb 07Flowserve Corporation Announces Executive ChangesOn February 1, 2024, Elizabeth L. Burger tendered her resignation as Senior Vice President, Chief Human Resources Officer of Flowserve Corporation, in order to accept a position as EVP and chief human resources officer at another publicly traded company. Ms. Burger will continue in her current role until her departure on March 1, 2024. Susan C. Hudson, the Company’s Senior Vice President and Chief Legal Officer, will then assume Ms. Burger’s responsibilities on an interim basis, until a replacement is identified.
お知らせ • Feb 02Flowserve Corporation to Report Q4, 2023 Results on Feb 20, 2024Flowserve Corporation announced that they will report Q4, 2023 results After-Market on Feb 20, 2024
Upcoming Dividend • Dec 21Upcoming dividend of US$0.20 per share at 2.0% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 43% and the cash payout ratio is 86%. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (5.8%). Lower than average of industry peers (2.6%).
お知らせ • Oct 27Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS).Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS) on October 25, 2023.The completion of the transaction is subject to approval by the respective authorities. The closing is expected to take place in Q1 2024
