How do you interpret eliminations and all other — total realignment program charges?

Higher charges reflect aggressive efforts to improve margins, while lower charges indicate a more stable or mature operational structure.

How does eliminations and all other — total realignment program charges compare across companies?

Similar to 'Strategic Realignment Costs' or 'Operational Optimization Charges' reported by peers undergoing business model transitions.

Flowserve FLS Eliminations and All Other — Total Realignment Program Charges

Discontinued — last reported Q4 '20

Similar metrics at other companies

ITTAggregate Eliminations Corp And Other — Total restructuring costs

$1.5M—

FISCorporate and Other — Reallocation due to segment realignment

$16M—

FTICorporate And Other — Restructuring Charges

$4.35M+16.0%

FISCorporate And Other — Restructuring Charges

$11.25M—

FISOperating Segments — Restructuring Charges

$11.25M—

RLCorporate And Other — Restructuring Charges

$9M+350%

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:RealignmentProgramChargesBenefits.

The official record: Flowserve’s 10-Q, filed May 7, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does eliminations and all other — total realignment program charges mean?: Total costs associated with broad strategic programs to realign corporate resources and operational footprint.
How do you interpret eliminations and all other — total realignment program charges?: Higher charges reflect aggressive efforts to improve margins, while lower charges indicate a more stable or mature operational structure.
How does eliminations and all other — total realignment program charges compare across companies?: Similar to 'Strategic Realignment Costs' or 'Operational Optimization Charges' reported by peers undergoing business model transitions.