|FLS Overview
FLS

FLOWSERVE CORP

Industrials • CIK: 0000030625

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Market Cap
$9.02B
P/E (TTM)
26.1x
Rev Growth (TTM)
Net Margin (TTM)
FCF Yield (TTM)
4.8%
FCF Margin (TTM)
0.0%

LATEST EARNINGS

Q4 FY2025
29 days ago
View source
Revenue
$1.22B
+3.5%
Net Income
$-29.00M
EPS
$-0.23
Gross
34.8% +3.3%
Operating
3.5% -7.1%
Net
-2.4% -9.0%
  • Full year cash from operations of $506 million driven by strong earnings and working capital management.
  • Full year bookings increased 1.1% to $4.7 billion, with aftermarket bookings growing 9.2%.
  • Adjusted operating margin improved significantly, up 300 bps year-over-year for the full year and 420 bps for Q4.
  • Announced acquisition of Trillium Flow Technologies’ Valves Division to expand offerings in critical infrastructure applications.

Cash Flow Health

Free Cash Flow5/8 positive
TTM$435M
Q4 '25
$-26M-107%
Q3 '25
$385M+180%
FCF Margin
TTM0.0%
Sector: 5.4%Below Avg
OCF Margin
OCF/NI1.46x
CapEx Coverage7.1x
FCF Yield4.8%
FCF Growth (2Y)
Cash Conversion Cycle
32 days
DSO: +DIO: 98DPO: 66

Capital Allocation & Returns

Shareholder Friendly
Total Shareholder YieldTTM
TTM4.0%
Div Yield1.2%
+
Buyback (TTM)2.8%

Strong capital returns to shareholders

Dividend & Payout Metrics
Dividend Yield (TTM)1.2%
FCF Payout Ratio25.1%
Free Cash Flow (TTM)$435.0M
Stock Repurchases (TTM)$254.9M
Capital Return / FCF83.8%
Est. Dividends Paid (TTM)$109.2M
Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM
7.3%
Volatile
-0.3% YoY+150.3%
P25MedianP75
75th pctl (med: 0.1%)
DuPont BreakdownROIC = Margin × Turn × (1+D/E)
NOPAT Margin
Asset Turnover
0.00x
8Q: 0.00x
Leverage (1+D/E)
1.72x
D/E: 0.72x
Asset & CapEx Efficiency
Fixed Asset Turn
0.00x
8Q:0.00x
Flat
Invested Cap Turn
0.00x
8Q:0.00x
Flat
CapEx Intensity
1.9%
8Q:1.8%
CapEx/Depreciation
0.74x
Asset-based ROIC formula

QUARTERLY TRENDS

Last 8 quarters + TTM

MetricTTMQ4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024
Revenue
$0
$0
$0
$0
$0
$0
$0
$0
$0
Operating Income
$399.9M
$42.2M46.8%
$79.3M45.9%
$146.6M11.1%
$131.9M5.8%
$124.7M20.8%
$103.2M14.9%
$121.3M7.3%
$113.1M
Net Income
$346.2M
$-29.0M113.2%
$219.6M168.6%
$81.8M10.6%
$73.9M4.7%
$77.5M32.8%
$58.4M19.6%
$72.6M2.2%
$74.2M
Operating Cash Flow
$505.9M
$-174.0K100.0%
$401.8M160.7%
$154.1M408.7%
$-49.9M125.3%
$197.3M10.6%
$178.5M1496.4%
$-12.8M120.5%
$62.3M
Free Cash Flow
$435.0M
$-25.6M106.6%
$384.7M179.7%
$137.5M323.0%
$-61.7M136.6%
$168.5M9.0%
$154.6M663.0%
$-27.5M156.4%
$48.6M
Total Equity
N/A

Valuation Analysis

Fair Value
Price-to-EarningsTTM
26.1x
Volatile
8Q: 85.8x-27276%
Valuation Lenses
Earnings
26.1x
vs sector
Cash Flow
22.6x
EV/FCF vs
Growth-Adj
1.1xPEG
Fair for growth
Quality-Adj
3.6P/E per %ROIC
ROIC: 7.3%
Shareholder Returns
Dividend
1.2%
Buyback
2.8%
Total Yield
4.0%
Market Cap$9.02B
EV$9.84B
Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score
53/100
Average

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg
16.0%
8Q:
Return on Invested Capital (ROIC)Top 25%
7.3%
8Q:
+150.3%
vs Sector:0.1%

Earnings Quality

Cash Conversion

1.46x

OCF / Net Income

FCF Consistency

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin

Capital Efficiency

Invested Capital Turnover0.00x

Working Capital

Cash Conversion Cycle32 days

Growth Quality & Momentum

Growth Rates

Revenue Growth YoY
N/A
OpInc Growth YoY
-66.2%
EPS Growth YoY
23.4%
FCF 3Y CAGR
N/A

Margin Quality & Sustainability

Moderate
Profitability Cascade
Gross
Operating
Net
Margins Unknown
Earnings Quality Signals
SBC / Revenue
FCF vs Net Gap
FCF: 0.0% | Net:

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Adequate
Net Debt / EBITDA
Net Debt: $814.89M
Interest Coverage
Leverage Metrics
Debt-to-Equity
0.72x
Balance sheet risk & solvency analysis