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Flowserve FLS China — Number of joint ventures

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Other financials

Income statement

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Revenue$1.2B-1.6%
Gross profit$384.7M-5.4%
Operating income$151.4M+3.3%
Net income$99.0M+21.1%
EPS (diluted)$0.77+24.2%

Balance sheet

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Cash & equivalents$731.0M+16.2%
Total debt$2.3B+36.1%
Total equity$2.3B+1.6%
Total assets$6.3B+11.2%

Cash flow

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Operating cash flow$129.2M-16.2%
CapEx$16.9M+1.8%
Free cash flow$112.3M-18.3%

Valuation

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Market cap$10B+42.2%
Enterprise value$11.6B+42.9%
P/E25×+0.9×
P/S2.2×+0.6×

Profitability

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Gross margin33.9%+1.5pp
Operating margin8.5%-2.4pp
Net margin8.6%+2.4pp
FCF margin9.4%+0.8pp

Returns & leverage

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Return on equity17.9%+4.0pp
Debt / equity+0.3×
Current ratio2.2×+0.1×

Where this comes from

Reported directly by Flowserve in its filing.

Tagged under the XBRL concept fls:NumberOfJointVentures.

The source filing: Flowserve’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 4:05 PM EST
Fiscal year
FY2025
Accession
0000030625-26-000003

As of December 31, 2025, we had investments in five joint ventures, one located in each of Chile, India, Saudi Arabia, South Korea and the United Arab Emirates that were accounted for using the equity method and are immaterial for disclosure purposes.

ITEM 8.FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

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?
This metric represents the total count of active joint venture entities established by the company within the Chinese market. These partnerships are strategic vehicles used to navigate local regulatory environments, access regional distribution networks, and facilitate localized manufacturing capabilities. Monitoring this figure provides insight into the company's commitment to regional expansion and its reliance on collaborative business models to capture market share in China.

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