Flowserve Corporation (FLS) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Industrial - Machinery
EV/EBITDA
↑
16.32
+13% vs avg
5yr avg: 14.41
30Y Low4.5·High17.8
P/FCF
↑
23.97
+13% vs avg
5yr avg: 21.14
30Y Low3.4·High50.5
P/B Ratio
↑
4.74
↑+60% vs avg
5yr avg: 2.97
30Y Low1.0·High6.0
ROE
↑
16.1%
↓+41% vs avg
5yr avg: 11.4%
30Y Low-0%·High33%
Debt/EBITDA
↓
2.69
↓-23% vs avg
5yr avg: 3.48
30Y Low0.7·High5.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FLS Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Flowserve Corporation trades at 30.9x earnings, 14% above its 5-year average of 27.1x, sitting at the 71st percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a premium of 21%. On a free-cash-flow basis, the stock trades at 24.0x P/FCF, 13% above the 5-year average of 21.1x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $10.4B | $9.1B | $7.6B | $5.4B | $4.0B | $4.0B | $4.8B | $6.6B | $5.0B | $5.5B | $6.3B |
| Enterprise Value | $11.6B | $10.2B | $8.6B | $6.3B | $5.1B | $4.8B | $5.7B | $7.4B | $5.9B | $6.4B | $7.5B |
| P/E Ratio → | 30.90 | 26.28 | 26.88 | 29.03 | 21.31 | 31.88 | 36.85 | 27.50 | 41.78 | 2106.50 | 47.57 |
| P/S Ratio | 2.20 | 1.92 | 1.67 | 1.26 | 1.11 | 1.13 | 1.30 | 1.66 | 1.30 | 1.51 | 1.58 |
| P/B Ratio | 4.74 | 4.03 | 3.71 | 2.75 | 2.17 | 2.18 | 2.74 | 3.61 | 3.01 | 3.31 | 3.77 |
| P/FCF | 23.97 | 20.89 | 22.11 | 21.04 | — | 20.52 | 19.08 | 26.39 | 46.71 | 22.15 | 41.74 |
| P/OCF | 20.61 | 17.96 | 17.90 | 16.69 | — | 16.01 | 15.55 | 20.23 | 26.15 | 17.77 | 26.17 |
P/E links to full P/E history page with 30-year chart
FLS EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Flowserve Corporation's enterprise value stands at 16.3x EBITDA, 13% above its 5-year average of 14.4x. The Industrials sector median is 13.8x, placing the stock at a 18% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.16 | 1.89 | 1.46 | 1.40 | 1.37 | 1.52 | 1.89 | 1.53 | 1.75 | 1.88 |
| EV / EBITDA | 16.32 | 14.43 | 14.35 | 12.92 | 17.78 | 12.59 | 12.33 | 13.80 | 13.86 | 17.24 | 13.84 |
| EV / EBIT | 18.86 | 16.68 | 18.94 | 21.66 | 25.20 | 25.36 | 21.94 | 19.74 | 24.97 | 19.83 | 27.46 |
| EV / FCF | — | 23.54 | 25.05 | 24.37 | — | 24.84 | 22.41 | 29.99 | 54.80 | 25.65 | 49.72 |
FLS Profitability
Margins and return-on-capital ratios measuring operating efficiency
Flowserve Corporation earns an operating margin of 13.0%, above the Industrials sector average of 4.3%. Operating margins have expanded from 9.3% to 13.0% over the past 3 years, signaling improving operational efficiency. ROE of 16.1% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 14.2% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.6% | 34.6% | 32.2% | 30.0% | 27.5% | 30.1% | 31.2% | 33.1% | 32.3% | 30.9% | 32.5% |
| Operating Margin | 13.0% | 13.0% | 11.3% | 9.3% | 5.3% | 8.1% | 9.6% | 11.0% | 8.1% | 6.9% | 10.6% |
| Net Profit Margin | 7.3% | 7.3% | 6.2% | 4.3% | 5.2% | 3.6% | 3.5% | 6.4% | 3.1% | 0.1% | 3.6% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.1% | 16.1% | 14.0% | 9.7% | 10.2% | 7.0% | 7.3% | 14.6% | 7.2% | 0.2% | 8.7% |
| ROA | 6.2% | 6.2% | 5.3% | 3.8% | 4.0% | 2.5% | 2.5% | 5.3% | 2.5% | 0.1% | 2.9% |
| ROIC | 14.2% | 14.2% | 13.1% | 10.6% | 5.2% | 8.1% | 10.1% | 12.4% | 9.2% | 7.0% | 11.0% |
| ROCE | 14.9% | 14.9% | 13.4% | 11.2% | 5.4% | 7.3% | 9.0% | 11.8% | 8.6% | 7.0% | 11.6% |
FLS Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Flowserve Corporation carries a Debt/EBITDA ratio of 2.7x, which is moderately leveraged (16% below the sector average of 3.2x). Net debt stands at $1.1B ($1.9B total debt minus $760M cash). Interest coverage of 7.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.85 | 0.85 | 0.82 | 0.71 | 0.79 | 0.82 | 1.10 | 0.86 | 0.89 | 0.94 | 0.94 |
| Debt / EBITDA | 2.69 | 2.69 | 2.81 | 2.88 | 5.14 | 3.90 | 4.21 | 2.90 | 3.51 | 4.24 | 2.90 |
| Net Debt / Equity | — | 0.51 | 0.49 | 0.43 | 0.55 | 0.46 | 0.48 | 0.49 | 0.52 | 0.52 | 0.72 |
| Net Debt / EBITDA | 1.62 | 1.62 | 1.68 | 1.76 | 3.61 | 2.19 | 1.83 | 1.66 | 2.04 | 2.35 | 2.22 |
| Debt / FCF | — | 2.64 | 2.94 | 3.32 | — | 4.32 | 3.33 | 3.60 | 8.08 | 3.49 | 7.98 |
| Interest Coverage | 7.91 | 7.91 | 6.57 | 4.34 | 4.34 | 3.32 | 4.60 | 6.86 | 4.03 | 5.40 | 4.54 |
FLS Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Flowserve Corporation's current ratio of 2.03x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.50x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.88x to 2.03x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.03 | 2.03 | 1.98 | 1.88 | 1.97 | 2.11 | 2.54 | 2.25 | 2.20 | 2.06 | 1.98 |
| Quick Ratio | 1.50 | 1.50 | 1.41 | 1.27 | 1.33 | 1.51 | 1.96 | 1.66 | 1.62 | 1.35 | 1.20 |
| Cash Ratio | 0.51 | 0.51 | 0.46 | 0.38 | 0.35 | 0.58 | 0.96 | 0.60 | 0.57 | 0.57 | 0.31 |
| Asset Turnover | — | 0.83 | 0.83 | 0.85 | 0.75 | 0.75 | 0.70 | 0.80 | 0.83 | 0.75 | 0.84 |
| Inventory Turnover | 3.92 | 3.92 | 3.69 | 3.44 | 3.26 | 3.65 | 3.84 | 3.98 | 4.09 | 2.86 | 2.93 |
| Days Sales Outstanding | — | 79.42 | 102.16 | 98.17 | 111.27 | 96.36 | 100.96 | 98.86 | 97.24 | 85.42 | 80.71 |
FLS Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Flowserve Corporation returns 3.5% to shareholders annually — split between a 1.0% dividend yield and 2.4% buyback yield. The payout ratio of 31.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 3.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.0% | 1.2% | 1.5% | 1.9% | 2.6% | 2.6% | 2.2% | 1.5% | 2.0% | 1.8% | 1.6% |
| Payout Ratio | 31.7% | 31.7% | 39.1% | 56.2% | 55.4% | 83.1% | 79.9% | 39.2% | 83.1% | 3741.8% | 67.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 3.2% | 3.8% | 3.7% | 3.4% | 4.7% | 3.1% | 2.7% | 3.6% | 2.4% | 0.0% | 2.1% |
| FCF Yield | 4.2% | 4.8% | 4.5% | 4.8% | — | 4.9% | 5.2% | 3.8% | 2.1% | 4.5% | 2.4% |
| Buyback Yield | 2.4% | 2.8% | 0.3% | 0.0% | 0.0% | 0.4% | 0.7% | 0.2% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 3.5% | 4.0% | 1.7% | 1.9% | 2.6% | 3.1% | 2.8% | 1.7% | 2.0% | 1.8% | 1.6% |
| Shares Outstanding | — | $131M | $132M | $132M | $131M | $131M | $131M | $132M | $131M | $131M | $131M |
Peer Comparison
Compare FLS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FLSYou | $10B | 30.9 | 16.3 | 24.0 | 34.6% | 13.0% | 16.1% | 14.2% | 2.7 |
 IR | $30B | 53.7 | 17.7 | 25.0 | 38.5% | 18.5% | 5.7% | 7.8% | 2.5 |
 IEX | $17B | 35.2 | 19.4 | 27.2 | 44.5% | 20.8% | 12.4% | 10.4% | 2.0 |
 PNR | $12B | 18.7 | 13.8 | 16.0 | 40.5% | 20.5% | 17.6% | 12.1% | 1.7 |
 GGG | $13B | 24.5 | 16.7 | 19.6 | 52.5% | 27.3% | 19.9% | 22.6% | 0.1 |
 FELE | $5B | 32.1 | 14.4 | 23.8 | 35.5% | 12.7% | 11.3% | 14.7% | 0.8 |
 GTLS | $10B | 633.3 | 14.4 | 49.3 | 29.2% | 15.2% | 1.3% | 7.4% | 4.0 |
 BFAM | $4B | 19.1 | 12.6 | 13.7 | 23.6% | 10.7% | 14.8% | 8.0% | 4.3 |
 MWA | $4B | 21.2 | 13.5 | 23.5 | 36.1% | 18.2% | 21.4% | 19.7% | 1.5 |
 NFBK | $601M | 726.3 | 63.2 | 11.5 | 35.3% | 9.3% | 0.1% | 0.8% | 39.6 |
 WTS | $12B | 34.4 | 21.7 | 32.8 | 49.5% | 19.3% | 18.2% | 21.2% | 0.4 |
| Industrials Median | — | 25.5 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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FLS — Frequently Asked Questions
Quick answers to the most common questions about buying FLS stock.
What is Flowserve Corporation's P/E ratio?
Flowserve Corporation's current P/E ratio is 30.9x. The historical average is 31.1x. This places it at the 71th percentile of its historical range.
What is Flowserve Corporation's EV/EBITDA?
Flowserve Corporation's current EV/EBITDA is 16.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.8x.
What is Flowserve Corporation's ROE?
Flowserve Corporation's return on equity (ROE) is 16.1%. The historical average is 13.5%.
Is FLS stock overvalued?
Based on historical data, Flowserve Corporation is trading at a P/E of 30.9x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Flowserve Corporation's dividend yield?
Flowserve Corporation's current dividend yield is 1.03% with a payout ratio of 31.7%.
What are Flowserve Corporation's profit margins?
Flowserve Corporation has 34.6% gross margin and 13.0% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Flowserve Corporation have?
Flowserve Corporation's Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.