View ValuationFlowserve 향후 성장Future 기준 점검 5/6Flowserve (는) 각각 연간 21.3% 및 5.8% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 21.8% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 21.4% 로 예상됩니다.핵심 정보21.3%이익 성장률21.80%EPS 성장률Machinery 이익 성장13.1%매출 성장률5.8%향후 자기자본이익률21.35%애널리스트 커버리지Good마지막 업데이트11 May 2026최근 향후 성장 업데이트공시 • 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%.공시 • 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%.공시 • 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%.공시 • 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%.공시 • 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%.공시 • 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.모든 업데이트 보기Recent 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%.공시 • 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.공시 • 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.공시 • 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, 2026공시 • 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%).공시 • 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%.공시 • 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).공시 • 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%.공시 • 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, 2026공시 • 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.공시 • 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%.공시 • 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.공시 • 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%.공시 • 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%).공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2025공시 • 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%).공시 • 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.공시 • 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.공시 • 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%.공시 • 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.공시 • 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%).공시 • 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.공시 • 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%.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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).공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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%).공시 • 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 2024이익 및 매출 성장 예측LSE:0IQE - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20285,451645646802512/31/20275,2335755526731112/31/20264,880489470588113/31/20264,653354437513N/A12/31/20254,729346435506N/A9/30/20254,687453629703N/A6/30/20254,646292399480N/A3/31/20254,615282234313N/A12/31/20244,558283344425N/A9/30/20244,543268351423N/A6/30/20244,504256261325N/A3/31/20244,428234296361N/A12/31/20234,321187258326N/A9/30/20234,194245123201N/A6/30/20233,973238582N/A3/31/20233,774231-6413N/A12/31/20223,615189-116-40N/A9/30/20223,49684-77-10N/A6/30/20223,4899555117N/A3/31/20223,50596129187N/A12/31/20213,541126195250N/A9/30/20213,607165302347N/A6/30/20213,665172299352N/A3/31/20213,692132247299N/A12/31/20203,728130253311N/A9/30/20203,811147218295N/A6/30/20203,882151215295N/A3/31/20203,943194252333N/A12/31/20193,940239N/A324N/A9/30/20193,858229N/A308N/A6/30/20193,815198N/A297N/A3/31/20193,803162N/A350N/A12/31/20183,836105N/A191N/A9/30/20183,880-49N/A265N/A6/30/20183,811-30N/A208N/A3/31/20183,714-1N/A186N/A12/31/20173,6613N/A311N/A9/30/20173,698169N/A242N/A6/30/20173,760105N/A276N/A3/31/20173,911118N/A253N/A12/31/20163,990132N/A240N/A9/30/20164,204135N/A381N/A6/30/20164,355244N/A433N/A3/31/20164,489265N/A525N/A12/31/20154,558258N/A441N/A9/30/20154,655355N/A572N/A6/30/20154,762390N/A600N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0IQE 의 연간 예상 수익 증가율(21.3%)이 saving rate(3.4%)보다 높습니다.수익 vs 시장: 0IQE 의 연간 수익(21.3%)이 UK 시장(11.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 0IQE 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 0IQE 의 수익(연간 5.8%)이 UK 시장(연간 4.5%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0IQE 의 수익(연간 5.8%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0IQE의 자본 수익률은 3년 후 21.4%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 23:19종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Flowserve Corporation는 33명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Michael HalloranBairdAndrew KaplowitzBarclaysCharles BradyBMO Capital Markets Equity Research30명의 분석가 더 보기
공시 • 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%.
공시 • 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%.
공시 • 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%.
공시 • 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%.
공시 • 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%.
공시 • 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.
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%.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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%).
공시 • 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%.
공시 • 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).
공시 • 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%.
공시 • 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
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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%.
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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%).
공시 • 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.
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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%).
공시 • 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.
공시 • 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%.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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%).
공시 • 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