FLS Stock Overview
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$29.85|
|52 Week High||US$44.39|
|52 Week Low||US$28.15|
|1 Month Change||-16.41%|
|3 Month Change||-7.87%|
|1 Year Change||-30.92%|
|3 Year Change||-39.67%|
|5 Year Change||-39.22%|
|Change since IPO||673.09%|
Recent News & Updates
Flowserve (NYSE:FLS) Will Pay A Dividend Of US$0.20
Flowserve Corporation ( NYSE:FLS ) will pay a dividend of US$0.20 on the 8th of July. This makes the dividend yield...
Is Flowserve (NYSE:FLS) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|FLS||US Machinery||US Market|
Return vs Industry: FLS underperformed the US Machinery industry which returned -18.2% over the past year.
Return vs Market: FLS underperformed the US Market which returned -10.4% over the past year.
|FLS Average Weekly Movement||5.6%|
|Machinery Industry Average Movement||5.6%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.7%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: FLS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FLS's weekly volatility (6%) has been stable over the past year.
About the Company
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines.
Flowserve Fundamentals Summary
|FLS fundamental statistics|
Is FLS overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FLS income statement (TTM)|
|Cost of Revenue||US$2.49b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.74|
|Net Profit Margin||2.74%|
How did FLS perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Does FLS pay a reliable dividends?See FLS dividend history and benchmarks
|Flowserve dividend dates|
|Ex Dividend Date||Jun 23 2022|
|Dividend Pay Date||Jul 08 2022|
|Days until Ex dividend||37 days|
|Days until Dividend pay date||52 days|
Does FLS pay a reliable dividends?See FLS dividend history and benchmarks
Is Flowserve undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLS ($29.85) is trading below our estimate of fair value ($52.65)
Significantly Below Fair Value: FLS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FLS is poor value based on its PE Ratio (40.6x) compared to the US Machinery industry average (21.5x).
PE vs Market: FLS is poor value based on its PE Ratio (40.6x) compared to the US market (15.5x).
Price to Earnings Growth Ratio
PEG Ratio: FLS is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: FLS's PB Ratio (2.2x) is in line with the US Machinery industry average.
How is Flowserve forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLS's forecast earnings growth (53.5% per year) is above the savings rate (1.9%).
Earnings vs Market: FLS's earnings (53.5% per year) are forecast to grow faster than the US market (12.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FLS's revenue (5.7% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: FLS's revenue (5.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLS's Return on Equity is forecast to be low in 3 years time (14.4%).
How has Flowserve performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLS has a large one-off loss of $54.3M impacting its March 31 2022 financial results.
Growing Profit Margin: FLS's current net profit margins (2.7%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: FLS's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: FLS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FLS had negative earnings growth (-27.4%) over the past year, making it difficult to compare to the Machinery industry average (29.3%).
Return on Equity
High ROE: FLS's Return on Equity (5.9%) is considered low.
How is Flowserve's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FLS's short term assets ($2.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: FLS's short term assets ($2.4B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: FLS's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: FLS's debt to equity ratio has reduced from 93.8% to 71.1% over the past 5 years.
Debt Coverage: FLS's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: FLS's interest payments on its debt are well covered by EBIT (4.6x coverage).
What is Flowserve current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: FLS's dividend (2.68%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: FLS's dividend (2.68%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: FLS's dividends per share have been stable in the past 10 years.
Growing Dividend: FLS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.5%), FLS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.8%), FLS's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Rowe (50 yo)
Mr. Robert Scott Rowe has been Chief Executive Officer and President of Flowserve Corporation since April 1, 2017. Mr. Rowe served as Interim President of Flowserve Pumps Division at Flowserve Corporation...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD12.48M) is above average for companies of similar size in the US market ($USD6.90M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: FLS's management team is considered experienced (4.1 years average tenure).
Experienced Board: FLS's board of directors are considered experienced (5 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Flowserve Corporation's employee growth, exchange listings and data sources
- Name: Flowserve Corporation
- Ticker: FLS
- Exchange: NYSE
- Founded: 1912
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$3.900b
- Shares outstanding: 130.64m
- Website: https://www.flowserve.com
Number of Employees
- Flowserve Corporation
- 5215 North O'Connor Boulevard
- Suite 700
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 00:00|
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.