WinstonWınston
Back
Stock

Flowserve Corporation

FLS
53
Industrial - Machinery · Industrials
Also trades as: 0IQE.L GBP 0.68 (+1.83%)
Price
$68.20
+0.44 (+0.65%)
Market Cap
$8.67B
Winston Score
53
Winston is curious
Mixed quality — meaningful strengths and weaknesses.
Data as of Oct 23, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Good
15/30
Growth
Good
12/20
Cash Flow
Strong
8/10
Stability
Good
5/10
Valuation
Strong
7/10
Ownership
Mixed
4/15
Dividends
Mixed
2/5

53 of 100 counted points = Winston Score 53.

Track this stock — start free trial

§Winston Score History

The full picture

Flowserve makes pumps, valves, and seals — the equipment that moves liquids and gases through pipes in factories and industrial plants. Its customers include oil and gas companies, power plants, chemical manufacturers, and water treatment facilities. The company is one of the largest makers of flow control equipment in the world, serving some of the most critical infrastructure industries.

Flowserve earns money by selling its equipment and also through aftermarket services like repairs, spare parts, and maintenance contracts, which provide a steadier stream of recurring revenue. It operates globally, with significant business in North America, Europe, and the Middle East, and generates roughly $4 billion in annual revenue. Its large installed base of equipment creates a natural advantage, since customers tend to buy replacement parts and service from the original manufacturer. The main risk is that its business closely follows industrial capital spending cycles, meaning a slowdown in oil, gas, or power investment can quickly reduce demand for new equipment.

Share count broadly stable

+0.1% over 4y

The share count has stayed roughly flat over this period — little dilution or buyback activity.

Diluted shares outstanding: 130.9M (2021) → 131.0M (2025)

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
32.9%
Modest — 32.9% gross margin
Profit after running costs
Operating Margin
13.0%
Healthy — 13.0% operating margin
Return on the money invested
ROCE
13.0%
Good — 13.0% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
-0.3%
Shrinking sales (-0.3% YoY)
Profit growth
EPS YoY
+30.3%
Earnings growing fast (+30.3% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
6/8 quarters
Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
131%
Turns 131% of profit into real cash
Spare cash per sale
FCF Margin
8.9%
Modest free cash flow (8.9%)

FCF margin between 0% and 10%. Some cash from sales, but not a lot.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
1.03
Elevated debt (1.03)
Covers its interest
Interest Cover
7.06x
Adequate interest coverage (7.1x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
23.7x
Growth-priced — P/E 23.7

P/E above the market average. People are paying up for expected growth.

Cheaper or dearer next year
P/E vs Forward
+9.1
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (23.7 → 14.6)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
1.18%
Small dividend — 1.18% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
+3.6%
Dividend growing modestly (3.6% YoY)
Payout Ratio
29%
no trend
Pays out a modest share of profit and keeps the rest to reinvest. Room to keep paying through a weak year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial