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0.000204624514016738 0.000613873542050361 -0.000613873542050361 -0.00030693677102518 -0.000818498056067099 0.0016369961121342 0.00194393288315938 0.00102312257008384
Stock impact report

Flowserve Benefits From Business Strength & Buyouts Amid Risks [Yahoo! Finance]

Flowserve Corporation (FLS) 
Last flowserve corporation earnings: 2/17 04:20 pm Check Earnings Report
US:NYSE Investor Relations: ir.flowserve.com
Company Research Source: Yahoo! Finance
Strength in the aftermarket business, driven by a strong demand for products and services in North America, Europe Middle East and Latin America, is a prime catalyst for the Flowserve Pumps Division segment's growth (revenues up 3.1% year over year in 2024). The segment's bookings increased 12.3% year over year in 2024 with a book-to-bill ratio of above 1.0x. Healthy bookings across general industries and oil & gas end markets are supporting the Flow Control Division segment's performance (revenues up 11.3% year over year in 2024). The segment's bookings increased 1.8% year over year in 2024. For 2025, Flowserve expects total revenues to increase in the range of 5-7% from the year-ago level. The company intends to strengthen and expand its businesses through acquisitions. In October 2024, FLS completed the acquisition of MOGAS Industries. The MOGAS acquisition will augment Flowserve's existing valve and automation product portfolio and accelerate its 3D growth strategy by signific Show less Read more
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