FLS Financials Flowserve Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 31, 2026, 11:16 UTC Overview →

Growth & profitability

Revenue has grown 4.9% per year over the past 5 years.
Net income has grown faster than revenue (21.6% vs 4.9% per year).
Operating margin has expanded, at 8.5% in the latest year.
Free cash flow has grown 11.4% per year over the past 5 years.

Financial health

Total debt ($1.6B) exceeds cash ($760M); net debt is $815M.
Total debt has grown slower than revenue (-1.8% vs 4.9% per year).
Operating income covered interest expense 5.1× in the latest year, up from 4.5× 5 years ago.
Total debt is 3.2× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 31.7% of earnings and 25.2% of free cash flow.
The dividend has grown 1.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$4.7B	$346M	33.4%	8.5%	15.8%	6.1%	$435M	$1.6B	$760M
2024	$4.6B	$283M	31.5%	10.1%	14.1%	5.1%	$344M	$1.5B	$675M
2023	$4.3B	$187M	29.6%	7.7%	9.6%	3.7%	$258M	$1.2B	$546M
2022	$3.6B	$189M	27.5%	5.5%	10.3%	3.9%	-$116M	$1.3B	$435M
2021	$3.5B	$126M	29.6%	7.6%	7.0%	2.7%	$195M	$1.3B	$658M
2020	$3.7B	$130M	30.0%	6.7%	7.5%	2.5%	$253M	$1.7B	$1.1B
2019	$3.9B	$239M	32.7%	9.8%	13.7%	4.8%	$248M	$1.4B	$671M
2018	$3.8B	$105M	31.0%	5.9%	6.4%	2.2%	$107M	$1.5B	$620M
2017	$3.7B	$3M	29.7%	9.3%	0.2%	0.1%	$249M	$1.6B	$703M
2016	$4.0B	$132M	31.0%	6.9%	8.2%	2.8%	$151M	$1.6B	$367M
2015	—	$258M	—	—	15.7%	5.2%	$259M	$1.6B	—
2014	—	$513M	—	—	26.6%	10.6%	$462M	$1.2B	—
2013	—	$486M	—	—	26.0%	9.6%	$349M	$1.2B	—
2012	—	$448M	—	—	23.7%	9.3%	$382M	$929M	—
2011	—	$429M	—	—	18.9%	9.3%	$110M	$505M	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$1.2B	$103M	33.5%	12.5%	4.5%	1.6%	$127M	$2.1B	$742M
Jun '26	$1.2B	$99M	32.9%	13.0%	4.4%	1.6%	$112M	$2.1B	$731M
Mar '26	$1.1B	$82M	35.6%	11.2%	3.7%	1.4%	-$60M	$1.7B	$792M
Dec '25	$1.2B	-$29M	34.8%	3.5%	-1.3%	-0.5%	-$26M	$1.6B	$760M
Sep '25	$1.2B	$220M	32.4%	6.7%	9.7%	3.8%	$385M	$1.5B	$834M
Jun '25	$1.2B	$82M	34.2%	12.3%	3.7%	1.4%	$138M	$1.5B	$629M
Mar '25	$1.1B	$74M	32.3%	11.5%	3.6%	1.3%	-$62M	$1.5B	$541M
Dec '24	$1.2B	$78M	31.5%	10.6%	3.9%	1.4%	$168M	$1.5B	$675M
Sep '24	$1.1B	$58M	31.5%	9.1%	2.8%	1.1%	$155M	$1.2B	$612M
Jun '24	$1.2B	$73M	31.6%	10.5%	3.7%	1.4%	-$27M	$1.3B	$515M
Mar '24	$1.1B	$74M	31.2%	10.4%	3.8%	1.4%	$49M	$1.2B	$532M
Dec '23	$1.2B	$63M	29.1%	9.4%	3.2%	1.2%	$175M	$1.2B	$546M
Sep '23	$1.1B	$46M	29.0%	6.4%	2.5%	0.9%	$65M	$1.3B	$480M
Jun '23	$1.1B	$51M	29.9%	8.9%	2.7%	1.0%	$7M	$1.3B	$423M
Mar '23	$980M	$27M	30.3%	5.8%	1.4%	0.5%	$11M	$1.3B	$405M
Dec '22	$1.0B	$121M	28.4%	10.1%	6.6%	2.5%	$39M	$1.3B	$435M
Sep '22	$873M	$38M	27.4%	2.8%	2.3%	0.9%	-$53M	$1.3B	$352M
Jun '22	$882M	$45M	28.3%	6.8%	2.6%	1.0%	-$62M	$1.3B	$458M
Mar '22	$821M	-$16M	25.5%	0.9%	-0.9%	-0.3%	-$41M	$1.3B	$576M
Dec '21	$920M	$17M	29.0%	9.3%	0.9%	0.4%	$78M	$1.3B	$658M

Valuation over time

How the market has priced FLS against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 22.9× (Mar '23) to 29.4× (Nov '26).
The price-to-sales ratio has risen from 1.2× (Mar '23) to 2.2× (Nov '26).
The dividend yield has fallen from 2.4% (Mar '23) to 1.1% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FLS growing its revenue and profit?

Over the past 5 years, Flowserve Corp's revenue has grown 4.9% per year, and net income grown 21.6% per year. These are computed facts, not advice.

How much debt does FLS have?

As of FY2025, Flowserve Corp reported $1.6B of total debt against $760M of cash; operating income covered interest expense 5.1×.

What is FLS's profit margin?

In FY2025, gross margin was 33.4%, operating margin 8.5%, and net margin 7.3%.

What is FLS's P/E ratio?

Flowserve Corp's P/E (TTM) is 39.96 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the FLS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 29.4× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.