Flowserve Management
Management criteria checks 2/4
Flowserve's CEO is Robert Rowe, appointed in Apr 2017, has a tenure of 7.75 years. total yearly compensation is $10.58M, comprised of 11.3% salary and 88.7% bonuses, including company stock and options. directly owns 0.27% of the company’s shares, worth $20.77M. The average tenure of the management team and the board of directors is 4.9 years and 6.3 years respectively.
Key information
Robert Rowe
Chief executive officer
US$10.6m
Total compensation
| CEO salary percentage | 11.3% |
| CEO tenure | 7.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.9yrs |
| Board average tenure | 6.3yrs |
Recent management updates
Recent updates
Flowserve (NYSE:FLS) Has Announced A Dividend Of $0.21
Dec 20
Returns On Capital At Flowserve (NYSE:FLS) Have Hit The Brakes
Dec 06Are Investors Undervaluing Flowserve Corporation (NYSE:FLS) By 31%?
Nov 24Flowserve: The Case For Picks And Shovels
Nov 20Flowserve (NYSE:FLS) Has A Pretty Healthy Balance Sheet
Nov 11Investors Still Waiting For A Pull Back In Flowserve Corporation (NYSE:FLS)
Oct 20Flowserve: More Room To Run Despite The Stock's Recent Rally
Oct 18Here's Why We Think Flowserve (NYSE:FLS) Is Well Worth Watching
Sep 02Flowserve's (NYSE:FLS) Dividend Will Be $0.21
Aug 21Flowserve Corporation's (NYSE:FLS) Intrinsic Value Is Potentially 73% Above Its Share Price
Aug 12Flowserve: Mixed Q2 Results Hints At Limited Upside
Jul 30Is There Now An Opportunity In Flowserve Corporation (NYSE:FLS)?
Jul 27Flowserve (NYSE:FLS) Seems To Use Debt Quite Sensibly
Jul 12Flowserve Corporation (NYSE:FLS) Not Flying Under The Radar
Jun 20Flowserve (NYSE:FLS) Will Pay A Dividend Of $0.21
May 24Flowserve: Downgrade To Hold As Upside Is Already Priced In
May 14Shareholders Will Most Likely Find Flowserve Corporation's (NYSE:FLS) CEO Compensation Acceptable
May 10Estimating The Fair Value Of Flowserve Corporation (NYSE:FLS)
Apr 22Is It Too Late To Consider Buying Flowserve Corporation (NYSE:FLS)?
Apr 09Flowserve (NYSE:FLS) Has A Pretty Healthy Balance Sheet
Mar 26Flowserve (NYSE:FLS) Shareholders Will Want The ROCE Trajectory To Continue
Mar 13Flowserve (NYSE:FLS) Will Pay A Larger Dividend Than Last Year At $0.21
Feb 24Flowserve Corporation (NYSE:FLS) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jan 23Flowserve: Turnaround Looks For Real
Jan 14Why Investors Shouldn't Be Surprised By Flowserve Corporation's (NYSE:FLS) P/E
Jan 09Flowserve: Offers More Than The Cyclical Oil And Gas Exposure It's Best Known For
Oct 28Flowserve: Benefiting From Global Infrastructure Spending
Aug 22Flowserve Needs Margin Stability
May 29CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$268m |
| Jun 30 2024 | n/a | n/a | US$256m |
| Mar 31 2024 | n/a | n/a | US$234m |
| Dec 31 2023 | US$11m | US$1m | US$187m |
| Sep 30 2023 | n/a | n/a | US$245m |
| Jun 30 2023 | n/a | n/a | US$238m |
| Mar 31 2023 | n/a | n/a | US$231m |
| Dec 31 2022 | US$9m | US$1m | US$189m |
| Sep 30 2022 | n/a | n/a | US$84m |
| Jun 30 2022 | n/a | n/a | US$95m |
| Mar 31 2022 | n/a | n/a | US$96m |
| Dec 31 2021 | US$12m | US$1m | US$126m |
| Sep 30 2021 | n/a | n/a | US$165m |
| Jun 30 2021 | n/a | n/a | US$172m |
| Mar 31 2021 | n/a | n/a | US$132m |
| Dec 31 2020 | US$8m | US$1m | US$130m |
| Sep 30 2020 | n/a | n/a | US$147m |
| Jun 30 2020 | n/a | n/a | US$151m |
| Mar 31 2020 | n/a | n/a | US$194m |
| Dec 31 2019 | US$9m | US$1m | US$239m |
| Sep 30 2019 | n/a | n/a | US$229m |
| Jun 30 2019 | n/a | n/a | US$198m |
| Mar 31 2019 | n/a | n/a | US$162m |
| Dec 31 2018 | US$9m | US$1m | US$105m |
Compensation vs Market: Robert's total compensation ($USD10.58M) is above average for companies of similar size in the US market ($USD7.91M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% in the past year.
CEO
Robert Rowe (53 yo)
7.8yrs
Tenure
US$10,583,486
Compensation
Mr. Robert Scott Rowe is Independent Director of Quanta Services, Inc. from July 2022. Mr. Rowe has been Chief Executive Officer and President of Flowserve Corporation since April 1, 2017. Mr. Rowe served...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$10.58m | 0.27% $ 20.8m | |
| Senior VP & CFO | 4.9yrs | US$3.93m | 0.054% $ 4.2m | |
| Senior VP | 2.7yrs | US$1.72m | 0.0070% $ 547.3k | |
| President of Flow Control Division | 9.3yrs | US$1.83m | 0.036% $ 2.8m | |
| President of Flowserve Pumps Division | 3yrs | US$2.10m | 0.0046% $ 355.3k | |
| Vice President of Operational Excellence | no data | no data | no data | |
| VP & Chief Accounting Officer | 4.6yrs | no data | 0.0080% $ 623.1k | |
| Vice President of Technology and Innovation | 2.3yrs | no data | no data | |
| VP & Chief Information Officer | 7.6yrs | no data | no data | |
| VP of Investor Relations & Treasurer | 12.3yrs | US$1.02m | no data | |
| Senior VP & Chief Human Resources Officer | no data | no data | no data |
4.9yrs
Average Tenure
53yo
Average Age
Experienced Management: FLS's management team is considered experienced (4.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.8yrs | US$10.58m | 0.27% $ 20.8m | |
| Independent Director | 6.3yrs | US$264.98k | no data | |
| Independent Director | 17yrs | US$259.98k | 0.015% $ 1.2m | |
| Independent Non-Executive Chairman of the Board | 13.2yrs | US$374.98k | 0.037% $ 2.9m | |
| Independent Director | 7.7yrs | US$257.11k | 0.0020% $ 153.0k | |
| Independent Director | 5.1yrs | US$249.98k | 0.00076% $ 59.3k | |
| Independent Director | 4.4yrs | US$264.98k | no data | |
| Independent Director | 2.4yrs | US$264.98k | 0.0025% $ 192.1k | |
| Independent Director | 6.3yrs | US$263.99k | 0.0058% $ 455.2k | |
| Independent Director | 1.1yrs | US$69.02k | 0.0012% $ 96.8k | |
| Independent Director | 1.8yrs | US$233.77k | 0.0058% $ 455.2k |
6.3yrs
Average Tenure
63yo
Average Age
Experienced Board: FLS's board of directors are considered experienced (6.3 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 22:40 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Flowserve Corporation is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Halloran | Baird |
| Andrew Kaplowitz | Barclays |
| Charles Brady | BMO Capital Markets Equity Research |