FLS on NYSE

Flowserve

Logo: Unknown author Unknown author, Public domain, via Wikimedia Commons4

Multinational Industrial Supply Company

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

1997Founded1

Compare with ITT Corporation, IDEX Corporation or Xylem Inc., or pick any stock.

  • TickerFLS on NYSE1
  • IndustryPumps & Pumping Equipment1
  • HeadquartersIrving1
  • Websitewww.flowserve.com
  • Legal formNew York Business Corporation1
  • Incorporated inNY5
  • Business address5215 N. O'Connor Blvd., Suite 700, Irving, Tx 750395
  • Filer categoryLarge accelerated filer5

See how the biggest companies compare on our leaderboards

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and construction firms, original equipment manufacturers, distributors, and end users. The Flowserve brand name originated in 1997 with a merger of BW/IP (Borg-Warner/IP International) and Durco International.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

33.4%Gross margin7
8.5%Operating margin7
7.3%Net margin7
3.8%Revenue growth, 20257
15.8%Return on equity7
0.70×Debt to equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Aftermarket Equipment brought in 53% of the revenue Flowserve broke down this way in fiscal 2025.

  1. Aftermarket Equipment$2.5B753%up 7% from 2024
  2. Original Equipment$2.2B747%up 0% from 2024
Products and services by year
Products and services202320242025
Aftermarket Equipment$2.2B$2.3B$2.5B
Original Equipment$2.1B$2.2B$2.2B

Business segments

FPD brought in 68% of the revenue Flowserve broke down this way in fiscal 2025.

  1. FPD$3.2B768%up 2% from 2024
  2. FCD$1.5B732%up 7% from 2024
Business segments by year
Business segments202320242025
FPD$3.1B$3.2B$3.2B
FCD$1.3B$1.4B$1.5B

Regions

North America brought in 21% of the revenue Flowserve broke down this way in fiscal 2025.

  1. North America$2.0B721%up 8% from 2024
  2. United States$2.0B721%up 8% from 2024
  3. EMEA$1.6B717%up 2% from 2024
  4. Middle East And Africa$835.8M79%up 9% from 2024
  5. Europe$833.7M79%up 0% from 2024
  6. Asia Pacific$745.4M78%down 6% from 2024
  7. Asia And Australia$722.9M78%up 7% from 2024
  8. Other Segment Geographic Area$424.4M74%down 10% from 2024
  9. Latin America$317.1M73%down 3% from 2024
Regions by year
Regions202320242025
North America$1.8B$1.8B$2.0B
United States$1.8B$1.8B$2.0B
EMEA$1.5B$1.6B$1.6B
Middle East And Africa$684.6M$765.8M$835.8M
Europe$772.3M$833.7M$833.7M
Asia Pacific$739.5M$789.6M$745.4M
Asia And Australia$584.8M$677.0M$722.9M
Other Segment Geographic Area$410.3M$473.9M$424.4M
Latin America$303.3M$326.3M$317.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue65¢$3.1B
  • Research and development1¢$54.1M
  • Selling, general and admin22¢$1.1B
  • Interest2¢$77.7M
  • Income tax3¢$155.6M
  • Profit7¢$346.2M

Out of $4.7B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid22¢$109.6M
  • Share buybacks50¢$254.9M
  • Kept or used elsewhere28¢$141.4M

Out of $505.9M of cash from operations.7

Financial statements

Revenue8910117$4.7B in 2025+20% since 2019
0$2.0B$4.0B$6.0B2019: $3.9B$3.9B20192020: $3.7B$3.7B2020−5%2021: $3.5B$3.5B2021−5%2022: $3.6B$3.6B2022+2%2023: $4.3B$4.3B2023+20%2024: $4.6B$4.6B2024+5%2025: $4.7B$4.7B2025+4%
Gross profit8910117$1.6B in 2025+23% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.3B$1.3B20192020: $1.1B$1.1B2020−13%2021: $1.0B$1.0B2021−6%2022: $994.3M$994.3M2022−5%2023: $1.3B$1.3B2023+28%2024: $1.4B$1.4B2024+12%2025: $1.6B$1.6B2025+10%
Operating income8910117$399.9M in 2025+3% since 2019
0$200.0M$400.0M$600.0M2019: $386.6M$386.6M20192020: $250.3M$250.3M2020−35%2021: $270.8M$270.8M2021+8%2022: $197.2M$197.2M2022−27%2023: $333.6M$333.6M2023+69%2024: $462.3M$462.3M2024+39%2025: $399.9M$399.9M2025−13%
Net income8910117$346.2M in 2025+45% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $238.8M$238.8M20192020: $130.4M$130.4M2020−45%2021: $125.9M$125.9M2021−3%2022: $188.7M$188.7M2022+50%2023: $186.7M$186.7M2023−1%2024: $282.8M$282.8M2024+51%2025: $346.2M$346.2M2025+22%

Every line of the income statement in the latest annual report, as filed.7

Period ending2025-12-312024-12-312023-12-31
Sales$4.7B$4.6B$4.3B
Cost of sales-$3.1B-$3.1B-$3.0B
Gross profit$1.6B$1.4B$1.3B
Selling, general and administrative expense-$1.1B-$978.0M-$961.2M
Net earnings from affiliates$20.7M$19.1M$17.9M
Operating income$399.9M$462.3M$333.6M
Interest expense-$77.7M-$69.3M-$66.9M
Interest income$7.6M$5.4M$7.0M
Other income (expense), net$195.7M-$12.2M-$49.9M
Earnings before income taxes$525.4M$386.2M$223.8M
Provision for income taxes-$155.6M-$84.9M-$18.6M
Net earnings, including noncontrolling interests$369.8M$301.2M$205.2M
Less: net earnings attributable to noncontrolling interests-$23.6M-$18.5M-$18.4M
Net earnings attributable to Flowserve Corporation$346.2M$282.8M$186.7M
Basic (in dollars per share)$2.66$2.15$1.42
Diluted (in dollars per share)$2.64$2.14$1.42
Weighted average shares - basic (in shares)130.0M shares131.5M shares131.1M shares
Weighted average shares - diluted (in shares)131.0M shares132.4M shares131.9M shares

Compare Flowserve with another company

The story

Flowserve's heritage dates back to the 1790 founding of Simpson & Thompson by Thomas Simpson, later to become Worthington Simpson Pumps, one of the companies that became part of BW/IP. The company was created in 1997 with the merger of two fluid motion and control companies: BW/IP and Durco International.

Acquisitions include HydroTechnik Olomouc in 2006, Sealing Systems in 2007, Calder AG in 2009, and Valbart Srl in 2010. In October 2011, Flowserve acquired Lawrence Pumps Inc. In March 2013, it acquired a manufacturing plant from L&T Valves situated in Maraimalainagar, Tamil Nadu. In 2015 Flowserve acquired SIHI.

Products

Flowserve comprises over 48 fluid motion and control products. They are in alphabetical order:

ACEC Centrifugal, Accord, Aldrich, Anchor Darling, Argus, Atomac, Automax, BW Seals, Byron Jackson, Cameron, Calder, DuraClear, Durametallic, Durco, Edward, Five Star Seals, Flowserve, IDP, Innomag, Interseal, Jeumont-Schneider, Kammer, Limitorque, Logix, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Pac-Seal, Pacific, Pacific Wietz, Pleuger, Polyvalve, Schmidt Armaturen, Scienco, Serck Audco, Sier-Bath Rotary, SIHI (Siemen & Hinsch), TKL, United Centrifugal, Valtek, Valtek EMA, Vogt, Western Land Roller, Wilson-Snyder, Worcester Controls, Worthington

Acquisitions

Flowserve has grown through mergers and acquisitions.

Acquisitions under Flowserve Corporation

1997 - Merger of BW/IP and Durco International (adoption of brand name Flowserve)

1997 - Stork Engineered Pumps

2000 - Ingersoll-Dresser Pumps (IDP)

Read the full text

2000 - Innovative Valve Technologies Inc. (Houston-based maintenance, repair, and replacement services for industrial valves, piping systems, and process system components)

2002 - Flow Control division of Invensys (manufacturer of valves, actuators and associated flow control products)

2004 - Thompsons Kelly & Lewis (Australian supplier of centrifugal pumps)

2005 - Interseal assets (from Australia-based Ludowici Mineral Processing Equipment Pty Ltd.)

2006 - HydroTechnik (privately held mechanical seal manufacturer based in Olomouc, Czech Republic)

2007 - MF Sealing Systems (British industrial pump and seal repairer)

2009 - Calder AG (Swiss desalination energy-recovery system provider)

2010 - Valbart Srl (privately owned Italian valve manufacturer)

2011 - Lawrence Pumps Inc. (privately held centrifugal pumps manufacturer)

2013 - Audco India Limited (MMN PLANT)

2013 - Innomag Sealless Pumps

2015 - Sihi Group

2024 - MOGAS (specialized valve manufacturer)

From Wikipedia’s article on Flowserve, shared under CC BY-SA 4.0.6

Leadership

Who has led Flowserve, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. C. Scott Greer2003–2004
  2. Lewis M. Kling2005–2009
  3. Mark A. Blinn2009–2017
  4. Robert Scott Rowe2017–now

Chair

  1. C. Scott Greer2003–2004

President

  1. Andrew J. Beall2003–2004
  2. Lewis M. Kling2005–2009
  3. Mark A. Blinn2009–2017
  4. Jeff Drees2015–2016
  5. Kim Jackson2015–2018
  6. Kirk Wilson2015–2017
  7. John Lenander2017–2019
  8. Robert Scott Rowe2017–2019
  9. Sanjay Chowbey2019–2021
  10. Tamara Morytko2020–2023
  11. Lamar L. Duhon2022–2025
  12. Alice Marie Debiasio2025–2026
  13. Matthew Carl Klopfer2026–now

Chief financial officer

  1. Mark A. Blinn2004–2009
  2. Michael S. Taff2012–2015
  3. Karyn F. Ovelmen2015–2017
  4. John E. Roueche Iii.2017–2020
  5. Lee Eckert2017–2019
  6. Amy B. Schwetz2020–now

Chief operating officer

  1. Lewis M. Kling2004–2005
  2. Thomas L. Pajonas2012–2017
200020052010201520202025
Board members and other officers (47)

Products and brands

  • actuator

Listed on Wikidata.1

Over the years, Flowserve has extended their training centers in every region of the global market with main training centers in each region: Irving, Texas for North America, Etten-Leur, The Netherlands for Europe-Middle East-Africa, Rio de Janeiro, Brazil for Latin America, and Singapore for Asia Pacific. These main training locations are all equipped with classrooms, static power labs with complete pumping systems, and specialized practical training material. Besides the regular training offers, Educational Services offers customer specific training development supported by their own global development team. Besides these main training locations, each region also has multiple satellite training locations to serve students from around the world. There are currently 25 training locations worldwide consisting of 26 employees.

From Wikipedia’s article on Flowserve, shared under CC BY-SA 4.0.6

Former names

  • DURCO INTERNATIONAL INCJul 23, 1997 to May 15, 19975
  • DURIRON CO INCMay 13, 1994 to Mar 14, 19975

Timeline

  1. Apr 7, 2017New chief executive Robert Scott Rowe becomes CEO15
  2. Dec 15, 2009New chief executive Mark A. Blinn becomes CEO16
  3. Aug 1, 2005New chief executive Lewis M. Kling becomes CEO17
  4. Jul 18, 2003New chief executive C. Scott Greer becomes CEO18
  5. 1997Founded Founded1

Recent filings

  1. Oct 6, 20263
  2. Oct 1, 20264
  3. Sep 23, 20264
  4. Sep 14, 20268-K
  5. Sep 1, 20264
  6. Aug 12, 20264
  7. Aug 12, 20264
  8. Aug 12, 20264
  9. Aug 6, 20263
  10. Aug 5, 20268-K
  11. Aug 3, 20264
  12. Jul 29, 202610-Q
  13. Jul 29, 20268-K
  14. Jul 1, 20264
  15. Jul 1, 20264

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  26. 26
  27. 27
  28. 28
  29. 29
  30. 30
  31. 31
  32. 32
  33. 33
  34. 34
  35. 35
  36. 36
  37. 37
  38. 38
  39. 39
  40. 40
  41. 41
  42. 42
  43. 43
  44. 44
  45. 45
  46. 46
  47. 47
  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81