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Stock impact report

Flowserve Corporation Reports Fourth Quarter and Full-Year Results

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: Business Wire
3D Strategy and Flowserve Business System Deliver Sales and Earnings Growth DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, reported its financial results for the fourth quarter and full year ended December 31, 2024.Highlights (unaudited):Fourth quarter bookings of $1.2 billion, including $618 million of aftermarket activityPower bookings increased more than 40% year-over-year, with over $110 million in nuclear awards during the fourth quarterGross margin and adjusted1 gross margin2 of 31.5% and 32.8%, respectively, increased 240 and 300 basis points versus the prior year periodOperating income and adjusted operating income3 of $125 million and $149 million, respectively, an increase of 14% and 22% compared to last yearOperating cash flow of $197 million driven by strong earnings and working capital improvementsInitiated full-year 2025 guidance4, including organic sales growt Show less Read more
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