Company profile

Ticker
FLS
Exchange
CEO
Robert Scott Rowe
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
ITTIDEXXylemGracoGorman RuppAmpco PittsburghColfax ...
Former names
Durco International Inc, Duriron Co Inc
SEC CIK
IRS number
310267900

FLS stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Calendar

18 Feb 20
5 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 1.07B 996.5M 990.1M 890.1M
Net income 69.8M 68.4M 58.2M 57.3M
Diluted EPS 0.53 0.52 0.44 0.44
Net profit margin 6.53% 6.86% 5.88% 6.44%
Operating income 107.23M 109.56M 98.02M 91.23M
Net change in cash 123.71M -49.2M -41.24M 18.03M
Cash on hand 670.98M 547.27M 596.47M 637.71M
Cost of revenue 718.6M 662.86M 672.05M 595.98M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue NaN NaN NaN 0
Net income 253.67M 119.67M 2.65M 132.46M
Diluted EPS 1.93 0.91 0.02 1.01
Net profit margin NaN% NaN% NaN%
Operating income 406.04M 247.54M 341.14M 276.68M
Net change in cash 51.3M -83.76M 336.28M 718K
Cash on hand 670.98M 619.68M 703.45M 367.16M
Cost of revenue 2.65B 2.64B 2.57B 2.75B

Financial data from Flowserve earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Robert Scott Rowe Common Stock Payment of exercise Dispose F 23.14 7,784 180.12K 115,587
1 Apr 20 Robert Scott Rowe RSU Common Stock Option exercise Dispose M 0 18,770 0 126,233
1 Apr 20 Robert Scott Rowe Common Stock Option exercise Aquire M 0 19,779 0 123,371
25 Mar 20 Kirk Wilson Common Stock Payment of exercise Dispose F 23 403 9.27K 38,276
25 Mar 20 Kirk Wilson Common Stock Option exercise Aquire M 0 1,651 0 38,679
25 Mar 20 Kirk Wilson Performance Rights Common Stock Option exercise Dispose M 0 6,070 0 26,000
25 Mar 20 Robert Scott Rowe Common Stock Payment of exercise Dispose F 23 5,998 137.95K 103,592
25 Mar 20 Robert Scott Rowe Common Stock Option exercise Aquire M 0 15,242 0 109,590
25 Mar 20 Robert Scott Rowe Performance Rights Common Stock Option exercise Dispose M 0 56,310 0 192,120
25 Mar 20 Keith E. Gillespie Common Stock Payment of exercise Dispose F 23 650 14.95K 48,643
96.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 356 350 +1.7%
Opened positions 48 32 +50.0%
Closed positions 42 50 -16.0%
Increased positions 117 104 +12.5%
Reduced positions 110 140 -21.4%
13F shares
Current Prev Q Change
Total value 7.86B 5.93B +32.6%
Total shares 125.78M 126.91M -0.9%
Total puts 31.6K 544.5K -94.2%
Total calls 153.8K 181.6K -15.3%
Total put/call ratio 0.2 3.0 -93.1%
Largest owners
Shares Value Change
EdgePoint Investment 17.55M $871.39M +1.0%
Vanguard 14.05M $699.25M +0.0%
IVZ Invesco 13.32M $663.09M +0.9%
First Eagle Investment Management 12.12M $603.02M +0.4%
BLK BlackRock 8.95M $445.66M +2.0%
N Price T Rowe Associates 5.98M $297.48M -16.8%
STT State Street 5.37M $268.37M +1.3%
FMR 4.9M $243.64M -3.0%
Caisse De Depot Et Placement Du Quebec 2.87M $142.61M +15.7%
Massachusetts Financial Services 2.49M $123.75M +8.0%
Largest transactions
Shares Bought/sold Change
Causeway Capital Management 0 -1.83M EXIT
N Price T Rowe Associates 5.98M -1.21M -16.8%
Norges Bank 1.01M +1.01M NEW
BAC Bank of America 525.48K -762.29K -59.2%
Caisse De Depot Et Placement Du Quebec 2.87M +387.82K +15.7%
Millennium Management 385.08K +385.08K NEW
NEU Neuberger Berman 0 -364.79K EXIT
Westfield Capital Management 1.31M +343.67K +35.6%
IPXAF Impax Asset Management 1.63M +331.91K +25.5%
JHG Janus Henderson 142.62K -329.03K -69.8%

Financial report summary

?
Risks
  • Our business depends on our customers’ levels of capital investment and maintenance expenditures, which in turn are affected by numerous factors, including changes in the state of domestic and global economies, global energy demand and the liquidity cyclicality and condition of global credit and capital markets, any of which could impact the ability or willingness of our customers to invest in our products and services and adversely affect our financial condition, results of operations and cash flow.
  • Volatility in commodity prices, effects from credit and capital market conditions and global economic growth forecasts has in the past and may in the future prompt customers to delay or cancel existing orders, which could adversely affect the viability of our backlog and could impede our ability to realize revenues on our backlog.
  • Our inability to deliver our backlog on time could affect our revenues, future sales and profitability and our relationships with customers.
  • We sell our products in highly competitive markets, which results in pressure on our profit margins and limits our ability to maintain or increase the market share of our products.
  • Failure to successfully develop and introduce new products could limit our ability to grow and maintain our competitive position and adversely affect our financial condition, results of operations and cash flow.
  • Our inability to obtain raw materials at favorable prices may adversely affect our operating margins and results of operations.
  • Economic, political and other risks associated with international operations could adversely affect our business.
  • Our operations may be impacted by the United Kingdom’s exit from the European Union.
  • Our operations are subject to a variety of complex and continually changing laws, regulations and policies, both internationally and domestically, which could adversely affect our business.
  • Implementation of new tariffs and changes to or uncertainties related to tariffs and trade agreements could adversely affect our business.
  • Our international operations expose us to fluctuations in foreign currency exchange rates which could adversely affect our business.
  • We could be adversely affected by violations of the U.S. Foreign Corrupt Practices Act and similar worldwide anti-bribery laws and regulations.
  • Terrorist acts, conflicts, wars, natural or manmade disasters, epidemics or pandemics, acts of God and other such events around the world may materially adversely affect our business, financial condition and results of operations and the market for our common stock.
  • We are exposed to certain regulatory and financial risks related to climate change which could adversely affect our financial condition, results of operations and cash flows.
  • We are party to asbestos-containing product litigation that could adversely affect our financial condition, results of operations and cash flows.
  • We depend on key personnel, the loss of whom would harm our business.
  • Inability to protect our intellectual property could negatively affect our competitive position.
  • Significant changes in pension fund investment performance or assumptions changes may have a material effect on the valuation of our obligations under our defined benefit pension plans, the funded status of these plans and our pension expense.
  • Increased costs as a result of product liability and warranty claims could adversely affect our financial condition, results of operations and cash flows.
  • The recording of increased deferred tax asset valuation allowances in the future or the impact of tax law changes on such deferred tax assets could affect our operating results.
  • Our outstanding indebtedness and the restrictive covenants in the agreements governing our indebtedness limit our operating and financial flexibility.
  • Our growth strategy depends on our ability to continue to expand our market presence through acquisitions, and any future acquisitions may present unforeseen integration difficulties or costs which could materially affect our business.
  • Goodwill impairment could negatively impact our net income and shareholders' equity.
  • A significant data breach or disruption to our information technology infrastructure could adversely affect our business operations.
  • Ineffective internal controls could impact the accuracy and timely reporting of our business and financial results.
  • Changes in accounting principles and guidance could result in unfavorable accounting charges or effects.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
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