Is the business good?
How good a business is FLS?
Flowserve Corporation earns 8.5% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.5%
Return on invested capital · cost of capital 9.0% · 0.54 points below what the capital costs: growth destroys value
- Operating margin
- 8.5%
Operating margin · Specialty Industrial Machinery median 15% · 12 months to Q2 2026
- Cash conversion
- 1.11×
Cash conversion · 1.37× a year ago · every dollar of reported profit arrived as cash, and more
- Share count, year on year
- −2.5%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 6.7% |
| FY2021 | 7.6% |
| FY2022 | 5.5% |
| FY2023 | 7.7% |
| FY2024 | 10% |
| FY2025 | 8.5% |
Details›
- Gross margin12 months to Q2 2026
- 34%
- Operating margin12 months to Q2 2026
- 8.5%
- Net margin12 months to Q2 2026
- 8.0%
- Free cash flow margin
- 8.9%
- Revenue, trailing twelve months
- $4.63B
- Free cash flow, trailing twelve months
- $411M
- Net income, trailing twelve months
- $371M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.5%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Industrial Machinery
Ranks #25 of 44 by Smart Score