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Flowserve FLS China — Number of joint ventures

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Other financials

Income statement

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Revenue$1.1B-6.7%
Gross profit$379.8M+2.8%
Operating income$119.4M-9.4%
Net income$81.7M+10.5%
EPS (diluted)$0.64+14.3%

Balance sheet

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Cash & equivalents$792.4M+46.5%
Total debt$1.9B+12.7%
Total equity$2.2B+6.4%
Total assets$5.7B+4.6%

Cash flow

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Operating cash flow-$43.1M+13.7%
CapEx$16.9M+44.0%
Free cash flow-$60.0M+2.7%

Valuation

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Market cap$10.44B+45.4%
Enterprise value$11.59B+37.9%
P/E27.3×+1.8×
P/S2.2×+0.7×

Profitability

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Gross margin34.2%+2.5pp
Operating margin8.3%-2.1pp
Net margin8.2%+2.1pp
FCF margin9.9%+4.3pp

Returns & leverage

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Return on equity17.8%+3.8pp
Debt / equity0.9×0.0×
Current ratio2.2×+0.1×

Where this comes from

Reported directly by Flowserve in its filing.

Tagged under the XBRL concept fls:NumberOfJointVentures.

The official record: Flowserve’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flowserve's china — number of joint ventures?
Flowserve (FLS) reported china — number of joint ventures of 1 in Q4 2025.
How has Flowserve's china — number of joint ventures changed year-over-year?
Flowserve's china — number of joint ventures decreased by 0.0% year-over-year, from 1 to 1.
What does china — number of joint ventures mean?
The total number of active business partnerships the company operates as joint ventures within China.
How do you interpret china — number of joint ventures?
An increase suggests an aggressive expansion strategy or deeper localization efforts, while a decrease may indicate a consolidation of operations or a shift toward wholly-owned subsidiaries.
How does china — number of joint ventures compare across companies?
Peer companies in industrial manufacturing often report joint venture counts as a proxy for regional operational risk and market penetration strategy.