FLS
Flowserve Corporation70.42
-1.40-1.95%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
9.21BP/E (TTM)
20.47Basic EPS (TTM)
3.44Dividend Yield
0.01%Recent Filings
8-K
8-K
Flowserve appoints new FCD president
Flowserve Corporation announced on September 17, 2025, that Kirk Wilson will step down as President of its Flow Control Division effective October 13, 2025, transitioning to a senior advisor role through January 9, 2026, with severance under the executive plan. Alice DeBiasio, formerly Vice President and General Manager at Carrier Corporation leading key segments, assumes the presidency on that date. Her expertise in industrial growth and digital transformation bolsters Flowserve's strategy. Transition ensures continuity.
10-Q
Q2 FY2025 results
Flowserve posted solid Q2 results, with sales climbing 2.7% year-over-year to $1.19B, fueled by aftermarket strength in North America and Africa, while gross margins expanded to 34.2% from 31.6% thanks to pricing gains and tighter bidding. Operating income rose 20.9% to $146.6M, and diluted EPS held steady at $0.62 amid share repurchases, reconciling neatly with 131.6M weighted shares. Cash dipped to $629M after $53M in buybacks and dividends, yet free cash flow stayed positive at $76M (derived) with $661M revolver availability and total debt at $1.49B, including a $500M term loan at 5.77%. The MOGAS acquisition, closed October 2024 for $290M cash plus $15M contingent, added $127M goodwill and valve expertise for mining growth. Still, asbestos claims linger as a persistent drag.
8-K
Strong Q2 results, merger terminated
Flowserve reported solid Q2 2025 results, with sales up 2.7% to $1.188 billion and adjusted EPS surging 24.7% to $0.91, fueled by margin expansion to 34.9% and robust $154 million operating cash flow. Yet the company terminated its merger with Chart Industries after Chart accepted a superior Baker Hughes bid, pocketing a $266 million termination fee. Flowserve raised full-year adjusted EPS guidance to $3.25-$3.40. Termination boosts liquidity.
8-K
Merger terminated, $266M payment
Flowserve terminated its merger agreement with Chart Industries on July 28, 2025, after Chart accepted a superior proposal from Baker Hughes. Flowserve will receive a $266 million cash payment, including a $250 million termination fee and $16 million in expense reimbursement, by July 29. The parties mutually released all claims and signed a letter of intent to extend and expand their existing supply agreement. Deal off. Flowserve now eyes standalone growth.
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