Company profile

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

FLS stock data

(
)

Calendar

7 May 20
2 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 894.46M 1.07B 996.5M 990.1M
Net income 1.49M 71.25M 70.56M 60.47M
Diluted EPS NaN 0.53 0.52 0.44
Net profit margin 0.17% 6.67% 7.08% 6.11%
Operating income 25.55M 107.23M 109.56M 98.02M
Net change in cash -48.68M 123.71M -49.2M -41.24M
Cash on hand 622.3M 670.98M 547.27M 596.47M
Cost of revenue 628.48M 718.6M 662.86M 672.05M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue NaN NaN NaN 0
Net income 261.78M 125.05M 4.33M 135.53M
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
11 Jun 20 Lanesha Minnix Common Stock Payment of exercise Dispose F 27 675 18.23K 5,078
11 Jun 20 Lanesha Minnix Common Stock Option exercise Aquire M 0 2,769 0 5,753
11 Jun 20 Lanesha Minnix RSU Common Stock Option exercise Dispose M 0 2,667 0 14,276
22 May 20 Roberts David E Jr Phantom Stock Common Stock Grant Aquire A 25.2 2,628 66.23K 34,882
22 May 20 John L Garrison JR Phantom Stock Common Stock Grant Aquire A 25.2 2,628 66.23K 9,620
22 May 20 Friedery John R Common Stock Grant Aquire A 25.2 2,628 66.23K 10,664
95.1% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 320 356 -10.1%
Opened positions 50 48 +4.2%
Closed positions 86 42 +104.8%
Increased positions 110 117 -6.0%
Reduced positions 103 110 -6.4%
13F shares
Current Prev Q Change
Total value 3.62B 7.86B -54.0%
Total shares 123.72M 125.78M -1.6%
Total puts 26.9K 31.6K -14.9%
Total calls 114.3K 153.8K -25.7%
Total put/call ratio 0.2 0.2 +14.5%
Largest owners
Shares Value Change
EdgePoint Investment 20.92M $499.86M +19.2%
Vanguard 14.47M $345.75M +3.0%
IVZ Invesco 13.33M $318.5M +0.1%
First Eagle Investment Management 12.12M $289.58M +0.0%
BLK BlackRock 9.13M $218.05M +1.9%
STT State Street 5.31M $127.9M -1.2%
Caisse De Depot Et Placement Du Quebec 4.31M $102.87M +50.3%
N Price T Rowe Associates 3.4M $81.21M -43.1%
FMR 2.87M $68.55M -41.4%
Geode Capital Management 2.13M $50.81M +2.3%
Largest transactions
Shares Bought/sold Change
EdgePoint Investment 20.92M +3.37M +19.2%
N Price T Rowe Associates 3.4M -2.58M -43.1%
Massachusetts Financial Services 0 -2.49M EXIT
FMR 2.87M -2.03M -41.4%
Caisse De Depot Et Placement Du Quebec 4.31M +1.44M +50.3%
Norges Bank 0 -1.01M EXIT
Renaissance Technologies 846.9K +846.9K NEW
IPXAF Impax Asset Management 873.8K -758.37K -46.5%
Adage Capital Partners GP, L.L.C. 1.04M +661.34K +174.6%
Summitry 9.33K -616.18K -98.5%

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. freshman Avg
New words: abroad, adequate, aggravate, aid, amplified, Amy, announced, beverage, billion, budget, Certificate, Certification, cleaning, combat, commodity, compensatory, contemplating, country, coupled, cumulative, curtailed, curtailment, deliver, deterioration, discontinued, discretionary, disruption, distancing, distressed, drove, duly, economy, emanating, employment, enhance, enhanced, environment, EPS, essential, evolving, excessive, Exhibit, exhibited, expenditure, extreme, facilitate, Facilitation, factor, food, forfeiture, formatted, freeze, freight, great, healthcare, herewith, history, hygiene, incredibly, indirectly, Inline, insolvency, instance, instituted, intensifying, Interbank, led, lesser, light, LLC, London, macroeconomic, magnitude, migrating, national, noncash, OPEC, Organization, outbreak, pace, page, pandemic, payroll, people, Petroleum, precipitate, President, priority, profound, proud, rapidly, recommended, regional, Registrant, Relief, rely, reoccurrence, respond, restated, role, Rowe, sanitation, Schwetz, Scott, social, society, speed, spread, standby, stemming, stringent, team, teamwork, temporary, thereunto, transport, transportation, Treasury, treat, turn, uncollectible, undersigned, underutilized, unprecedented, Valbart, Vice, vital, weakened, widespread, written, XBRL
Removed: alleged, amicable, AOCI, apportioned, assembly, assessing, attributed, Austria, authorizing, charge, Chinese, classification, Code, codification, combine, combining, complied, composition, constant, consumed, contingency, corporate, decision, dependent, desired, developed, disposed, Distinguishing, divest, divested, documentation, DOJ, doubtful, enactment, EPD, erosion, exclude, executed, expand, expanded, expansion, February, final, financially, flat, geographic, GILTI, grantor, Halberg, half, hindsight, indefinite, investigation, IPD, judicially, Justice, land, liable, lowered, maker, matter, Mine, modification, momentum, negotiated, Nonpublic, obtained, outlook, package, performed, produced, purpose, Qualitative, reassessing, Reclassification, reclassify, Redeemable, reflecting, regularly, releasing, remediation, requesting, Resegmentation, responsible, round, satisfied, short, showing, shown, SIHI, similarly, site, situation, solvent, stabilization, stranded, strong, subpoena, system, terminated, territorial, testing, thereof, timing, toxicity, traction, transition, transparency, treatment, twelve, unachievement, uncovering, understand, Unregistered, utilizing, violated, violation, waste, yuan