Flowserve Corporation (FLS) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
FLS Revenue Growth
Revenue Breakdown (FY 2025)
FLS's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
FLS Revenue Analysis (2014–2025)
As of May 8, 2026, Flowserve Corporation (FLS) generated trailing twelve-month (TTM) revenue of $4.65 billion, reflecting moderate decline in growth of -6.7% year-over-year. The most recent quarter (Q1 2026) recorded $1.07 billion in revenue, down 12.6% sequentially.
Looking at the longer-term picture, FLS's 5-year compound annual growth rate (CAGR) stands at +4.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $4.88 billion in 2014.
Revenue diversification analysis shows FLS's business is primarily driven by Aftermarket Equipment (53%), and Original Equipment (47%). With over half of revenue concentrated in Aftermarket Equipment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including IR (+6.9% YoY), IEX (+7.5% YoY), and PNR (+3.1% YoY), FLS has underperformed the peer group in terms of revenue growth. Compare FLS vs IR →
FLS Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| FLSCurrent | $4.7B | -6.7% | +4.9% | 13.0% | |
 IR | $7.7B | +6.9% | +14.0% | 18.5% | |
 IEX | $3.5B | +7.5% | +8.0% | 20.8% | |
 PNR | $4.2B | +3.1% | +6.7% | 20.5% | |
 GGG | $2.2B | +4.6% | +6.3% | 27.3% | |
 FELE | $2.1B | +8.0% | +11.3% | 12.7% |
FLS Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.73B | +3.8% | $1.64B | 34.6% | $613.9M | 13.0% |
| 2024 | $4.56B | +5.5% | $1.47B | 32.2% | $515.4M | 11.3% |
| 2023 | $4.32B | +19.5% | $1.30B | 30.0% | $403.8M | 9.3% |
| 2022 | $3.62B | +2.1% | $994.7M | 27.5% | $193.4M | 5.3% |
| 2021 | $3.54B | -5.0% | $1.07B | 30.1% | $285.1M | 8.1% |
| 2020 | $3.73B | -5.5% | $1.16B | 31.2% | $359.1M | 9.6% |
| 2019 | $3.94B | +2.9% | $1.31B | 33.1% | $433.9M | 11.0% |
| 2018 | $3.83B | +4.7% | $1.24B | 32.3% | $309.8M | 8.1% |
| 2017 | $3.66B | -8.3% | $1.13B | 30.9% | $252.7M | 6.9% |
| 2016 | $3.99B | -12.5% | $1.30B | 32.5% | $425.0M | 10.6% |
See FLS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs FLS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare FLS vs SPIR
Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..
Start ComparisonFLS — Frequently Asked Questions
Quick answers to the most common questions about buying FLS stock.
Is FLS's revenue growth accelerating or slowing?
FLS revenue declined -6.7% year-over-year, contrasting with the 5-year CAGR of +4.9%. TTM revenue fell to $4.7B. This reverses the prior growth trend.
What is FLS's long-term revenue growth rate?
Flowserve Corporation's 5-year revenue CAGR of +4.9% reflects the variable expansion pattern. Current YoY growth of -6.7% is below this long-term average.
How is FLS's revenue distributed by segment?
FLS reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.