flowserve is one of the world's largest manufacturers of pumps, valves and seals with over 19,000 employees in over 60 countries. built on more than 50 world-renowned heritage brands, the equity and customer loyalty we have earned over the past 220 years is the foundation of our leadership position across the globe. flowserve's innovations have benefited a range of industries, including oil and gas, power, chemical, water, pharmaceuticals and food processing. addressing these industries' challenges has made flowserve a leader in development and application of advanced solutions for our customers. experience, leadership and creativity are the tools we use to turn an idea into a solution. continuing to foster this kind of innovation is key to flowserve's long-term success. be a part of a team known for its industry-leading talent, unparalleled portfolio and unmatched commitment to customer success. we invite you to put your talents and experience in motion with flowserve. together, we e
![Flowserve logo](/files/LOGO/30625-FLS.png)
Company profile
Ticker
FLS
Exchange
Website
CEO
R. Scott Rowe
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
DURCO INTERNATIONAL INC, DURIRON CO INC
SEC CIK
Corporate docs
Subsidiaries
1474750 CANADA INC. • ARABIAN SEALS COMPANY, LTD. • AUDCO ITALIANA S.R.L. • AUDCO LIMITED • BW/IP NEW MEXICO, INC. • CALDER GMBH • FLOWCOM INSURANCE COMPANY, INC. • FLOWSERVE - AL MANSOORI SERVICES COMPANY LTD. • FLOWSERVE - AL RUSHAID COMPANY LTD • FLOWSERVE (AUSTRIA) GMBH ...
IRS number
310267900
FLS stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 24
8-K
Departure of Directors or Certain Officers
16 May 24
8-K
Flowserve Corporation Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance
29 Apr 24
10-Q
2024 Q1
Quarterly report
29 Apr 24
ARS
2023 FY
Annual report to shareholders
2 Apr 24
DEFA14A
Additional proxy soliciting materials
2 Apr 24
DEF 14A
Definitive proxy
2 Apr 24
10-K
2023 FY
Annual report
20 Feb 24
8-K
Flowserve Corporation Reports Fourth Quarter and Full-Year 2023 Results; Initiates 2024 Guidance
20 Feb 24
8-K
Departure of Directors or Certain Officers
6 Feb 24
Transcripts
FLS
Earnings call transcript
2024 Q1
30 Apr 24
FLS
Earnings call transcript
2023 Q4
21 Feb 24
FLS
Earnings call transcript
2023 Q3
26 Oct 23
FLS
Earnings call transcript
2023 Q2
2 Aug 23
FLS
Earnings call transcript
2023 Q1
2 May 23
FLS
Earnings call transcript
2022 Q4
17 Feb 23
FLS
Earnings call transcript
2022 Q3
1 Nov 22
FLS
Earnings call transcript
2022 Q2
28 Jul 22
FLS
Earnings call transcript
2022 Q1
3 May 22
FLS
Earnings call transcript
2021 Q4
24 Feb 22
Latest ownership filings
4
Brian Boukalik
29 May 24
4
Susan Claire Hudson
24 May 24
4
Robert Scott Rowe
23 May 24
144
Notice of proposed sale of securities
22 May 24
3
Brian Boukalik
21 May 24
4
KENNETH I SIEGEL
17 May 24
4
Cheryl H Johnson
17 May 24
4
GAYLA J DELLY
17 May 24
4
RUBY R CHANDY
17 May 24
4
Michael C. McMurray
17 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 531.98 mm | 531.98 mm | 531.98 mm | 531.98 mm | 531.98 mm | 531.98 mm |
Cash burn (monthly) | 4.57 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 17.65 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 514.33 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 112.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
91.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 373 |
Opened positions | 137 |
Closed positions | 44 |
Increased positions | 104 |
Reduced positions | 80 |
13F shares | Current |
---|---|
Total value | 4.98 tn |
Total shares | 120.40 mm |
Total puts | 58.20 k |
Total calls | 182.90 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 16.56 mm | $756.33 bn |
Vanguard | 13.43 mm | $613.32 bn |
First Eagle Investment Management | 10.74 mm | $490.42 bn |
Wellington Management | 7.59 mm | $346.80 bn |
Beutel, Goodman & Co | 6.69 mm | $305.61 mm |
STT State Street | 3.86 mm | $176.94 bn |
Nordea Investment Management Ab | 3.10 mm | $142.27 bn |
Earnest Partners | 2.56 mm | $116.79 bn |
Thrivent Financial For Lutherans | 2.48 mm | $113.09 mm |
Nuveen Asset Management | 2.40 mm | $109.86 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 May 24 | Brian Boukalik | Performance Rights Common Stock | Grant | Acquire A | No | No | 0 | 3,781 | 0.00 | 3,781 |
28 May 24 | Brian Boukalik | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,781 | 0.00 | 5,825 |
28 May 24 | Brian Boukalik | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,044 | 0.00 | 2,044 |
23 May 24 | Susan Claire Hudson | Common Stock | Payment of exercise | Dispose F | No | No | 48.86 | 255 | 12.46 k | 9,205 |
23 May 24 | Susan Claire Hudson | Common Stock | Option exercise | Acquire M | No | No | 0 | 737 | 0.00 | 9,460 |
23 May 24 | Susan Claire Hudson | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 703 | 0.00 | 17,928 |
23 May 24 | Robert Scott Rowe | Common Stock | Sell | Dispose S | No | No | 49.36 | 40,182 | 1.98 mm | 349,512 |
23 May 24 | Robert Scott Rowe | Common Stock | Sell | Dispose S | No | No | 48.96 | 17,549 | 859.20 k | 389,694 |
22 May 24 | Robert Scott Rowe | Common Stock | Sell | Dispose S | No | No | 49.98 | 42,269 | 2.11 mm | 407,243 |
16 May 24 | John L Garrison JR | Phantom Stock Common Stock | Grant | Acquire A | No | No | 49.84 | 3,210 | 159.99 k | 31,065 |
News
Flowserve Acquires LNG Pumping Technology From NexGen Cryo; No Financial Terms Disclosed; The Purchase Price And Associated Expenses Are Expected To Reduce Adjusted EPS By $0.05 In Flowserve's 2024 Q3
23 Jul 24
What Analysts Are Saying About Flowserve Stock
18 Jul 24
Stifel Maintains Buy on Flowserve, Raises Price Target to $58
18 Jul 24
Looking Into Flowserve's Recent Short Interest
3 Jul 24
Flowserve, Heide Collaborate to Boost Energy Efficiency
12 Jun 24
Press releases
Flowserve Acquires LNG Pumping Technology from NexGen Cryo to Accelerate Decarbonization Growth Strategy
23 Jul 24
Flowserve Announces Dates for Second Quarter 2024 Financial Results
12 Jul 24
Flowserve and Heide Refinery Announce Partnership to Drive Energy, Cost and Carbon Savings Through Flowserve's Energy Advantage Program
10 Jun 24
Flowserve Announces Quarterly Cash Dividend of $0.21 Per Share
20 May 24
Flowserve Holds 2024 Annual Meeting of Shareholders
16 May 24