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Flowserve Corp - FLS STOCK NEWS

Welcome to our dedicated page for Flowserve news (Ticker: FLS), a resource for investors and traders seeking the latest updates and insights on Flowserve stock.

Overview of Flowserve Corporation

Flowserve Corporation is a globally recognized manufacturer and service provider specializing in engineered flow control systems, including pumps, valves, and seals. With a heritage of over 220 years, the company has evolved its precision-engineering expertise to meet the demanding requirements of industries such as oil and gas, chemical processing, power generation, water management, pharmaceuticals, and food processing. Leveraging a portfolio of world-renowned heritage brands, Flowserve’s innovations are grounded in a deep understanding of fluid dynamics and mechanical engineering, ensuring the safe and efficient handling of materials across various critical applications. Industry-specific keywords such as "engineered flow control", "industrial pumps", and "process optimization" illustrate Flowserve's commitment to technological excellence and resilient design.

Core Business Segments

The company operates through multiple business segments designed to address diverse market needs:

  • Flow Process Division (FPD): This segment focuses on custom engineered pumps, pre-configured industrial pumps, pump systems, and a wide range of mechanical seals, auxiliary systems, and replacement parts. FPD is dedicated to creating tailored solutions that address the unique flow control challenges of each industry.
  • Flow Control Division (FCD): Dedicated to engineered-to-order and configured-to-order isolation valves, control valves, and valve automation products, this segment reinforces Flowserve's ability to offer adaptable solutions for complex industrial processes.
  • Other Segments: These include various elimination and additional services which further the company’s comprehensive approach to flow control and aftermarket service support.

Technological Innovation and Market Position

Flowserve Corporation stands out as an exemplar of innovation in the development and application of advanced flow control solutions. Through a meticulous focus on research and development, the company continually refines its products to meet the evolving demands of global industries. Its portfolio is characterized by precision engineering, reliability, and the ability to support the operational integrity of essential infrastructure. The integration of sophisticated design with robust manufacturing practices enables Flowserve to deliver products that not only optimize material flow but also enhance overall process safety.

Global Influence and Operational Excellence

Operating in more than 60 countries, Flowserve Corporation has established a formidable global presence. Its widespread network of manufacturing facilities, technical centers, and service operations ensure that clients receive prompt and effective support regardless of geographical location. This global reach underscores the company’s commitment to quality and operational excellence, making it a key player in a highly competitive market. The extensive expertise and talent employed by Flowserve contribute to its sustained reputation for reliable performance and enduring customer relationships.

Key Strengths and Value Proposition

Flowserve’s enduring reputation is built on a solid foundation of experience, innovation, and customer commitment. Key strengths include:

  • Heritage and Expertise: Over two centuries of industry experience provide Flowserve with unique insights into the challenges and requirements of flow control systems.
  • Comprehensive Product Range: The diverse portfolio of pumps, valves, seals, and related services enables the company to serve a wide variety of industries with tailored solutions.
  • Aftermarket Services: A robust network of support and maintenance services ensures long-term reliability and operational continuity for customer installations.
  • Technological Leadership: Continuous innovation in design and manufacturing processes solidifies Flowserve’s position as a trusted provider of advanced flow control solutions.

Understanding Flowserve in the Competitive Landscape

In a competitive market characterized by rapid technological advancements and stringent operational requirements, Flowserve Corporation distinguishes itself by combining heritage with state-of-the-art engineering. Its deeply integrated approach to product development and aftermarket services enables the company to adapt to evolving industry standards while maintaining a consistent focus on quality and performance. This comprehensive model serves not only to uphold Flowserve’s market position but also to set benchmarks for excellence within the flow control industry.

Investors and industry analysts can view Flowserve as a case study in how blending legacy experience with modern technological advancements can drive operational excellence and customer satisfaction. The company’s strategic segmentation into product and service areas ensures that every aspect of fluid handling is addressed, from initial system design to ongoing maintenance and support.

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Flowserve (NYSE:FLS) will participate in upcoming investor conferences such as Oppenheimer's 19th Annual Industrial Growth Conference, BofA Securities 31st Annual Transportation, Airlines and Industrials Conference, and TD Cowen 2nd Annual Sustainability Week. The President and CEO, Scott Rowe, will take part in fireside chats during these events, providing valuable insights to shareholders and interested parties.

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Flowserve reported strong first quarter 2024 results with 180% and 45% increase in Reported and Adjusted EPS, respectively. Raised full-year 2024 Adjusted EPS guidance by almost 24% at the midpoint. Solid first quarter bookings of $1.04 billion. Adjusted Gross and Operating Margin increased by 130 and 260 basis points. Record first quarter Operating Cash Flow of $62 million. Backlog of $2.6 billion. Sales increased by $107.2 million. Flowserve aims to expand margins and create long-term value for customers, associates, and shareholders.

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Flowserve (NYSE: FLS) secured two major project awards totaling over $150 million from international EPC contractors in the Middle East. These awards will be reflected in the company's 2nd Quarter Results. Flowserve's robust project funnel indicates potential growth opportunities for the company in 2024 and 2025, along with expectations for increased aftermarket and MRO work. The company's President and CEO, Scott Rowe, expressed confidence in Flowserve's ability to deliver these projects successfully and highlighted the organization's strategic approach to project bidding. Flowserve remains optimistic about its position in the Middle East's infrastructure market and anticipates continued participation in upcoming projects across various industries.
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Flowserve (NYSE:FLS) announces the release date for its first quarter 2024 financial results, with a conference call scheduled for the following day.
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Nikola Corporation appoints Thomas B. Okray as CFO to drive growth in zero-emissions trucking and hydrogen infrastructure solutions, leveraging his extensive financial expertise and global experience.
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Flowserve Corporation (FLS) reports strong fourth-quarter and full-year financial results for 2023, with increased earnings per share, solid bookings, and revenue growth. The company also announced a 5% dividend increase and replenished its stock repurchase authorization. Full-year 2024 guidance includes revenue growth of 4%-6% and EPS projections.
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Monro, Inc. appoints Thomas B. Okray to its Board of Directors, bringing extensive financial and operational expertise from notable companies like General Motors, Amazon.com, and Eaton Corporation. With a focus on enhancing shareholder value, the addition of Mr. Okray reflects Monro's commitment to strengthening its automotive industry knowledge and driving growth.
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Flowserve Corporation (FLS) CEO to participate in key industry events, including fireside chat and investor meetings, providing insights for shareholders and interested parties.
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Flowserve Corporation (NYSE:FLS) will release its Q4 and full year 2023 results on February 20, followed by a conference call on February 21. Scott Rowe, President and CEO, will present the earnings materials and webcast, accessible on Flowserve’s Investors page.
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Flowserve Corporation (FLS) has announced a quarterly cash dividend of $0.20 per share on its outstanding shares of common stock. The dividend is payable on January 12, 2024, to shareholders of record as of the close of business on December 29, 2023. Flowserve intends to pay regular quarterly cash dividends for the foreseeable future, subject to review and discretion by the Board.
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FAQ

What is the current stock price of Flowserve (FLS)?

The current stock price of Flowserve (FLS) is $49.86 as of April 2, 2025.

What is the market cap of Flowserve (FLS)?

The market cap of Flowserve (FLS) is approximately 6.5B.

What is Flowserve Corporation's core business?

Flowserve specializes in the design, manufacture, and service of engineered flow control systems, including pumps, valves, and seals, catering to several critical industries.

How does Flowserve generate its revenue?

The company earns revenue through the sale of custom engineered equipment, pre-configured industrial pump systems, and valve solutions, along with a range of aftermarket services and replacement parts.

Which industries does Flowserve serve?

Flowserve provides solutions to industries such as oil and gas, chemical processing, power generation, water management, pharmaceuticals, and food processing, addressing diverse flow control challenges.

What distinguishes Flowserve from its competitors?

Flowserve's rich heritage of over 220 years, combined with its commitment to precision engineering and comprehensive product offerings, sets it apart as an authority in flow control solutions.

How is Flowserve structured to address different customer needs?

The company operates through distinct segments that focus on custom engineered pumps and valve solutions, ensuring that specific industry requirements are met with tailored services and products.

What role do aftermarket services play in Flowserve's business model?

Aftermarket services, including maintenance and replacement parts, are integral to ensuring the longevity and efficiency of Flowserve's equipment, supporting ongoing customer needs and operational reliability.

How does Flowserve maintain its technological edge?

With a strong focus on research and development, Flowserve continually refines its design and manufacturing processes, integrating advanced technologies to optimize performance and safety.

In which regions does Flowserve operate?

Flowserve maintains a global presence with operations in over 60 countries, ensuring that its engineered solutions and services are accessible to a broad international customer base.
Flowserve Corp

NYSE:FLS

FLS Rankings

FLS Stock Data

6.46B
131.00M
0.57%
97.36%
1.56%
Specialty Industrial Machinery
Pumps & Pumping Equipment
Link
United States
IRVING