How do you interpret engineered product division — non restructuring charges?

An increase suggests unexpected operational headwinds or legal issues that negatively impact segment margins.

How does engineered product division — non restructuring charges compare across companies?

Similar to 'special items' or 'non-recurring charges' found in segment reporting for industrial peers.

Flowserve FLS Engineered Product Division — Non Restructuring Charges

Discontinued — last reported Q4 '18

Similar metrics at other companies

SPXCEngineered Solutions reportable segment — Special charges, net

$0—

RBCEngineered Products — Restructuring Charges

$5.58M—

DCIEngineered Products — Restructuring Charges

$1M—

DOVEngineered Systems Segment — Restructuring charges, actual

$5.26M+74.4%

DOVEngineered Products — Restructuring Charges

$1.72M-30.1%

VMI

VMIESS — Restructuring Charges

$16.41M—

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:NonRestructuringCharges.

The official record: Flowserve’s 10-K, filed February 20, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does engineered product division — non restructuring charges mean?: Unusual, non-recurring expenses within the Engineered Product Division that are not part of a restructuring plan.
How do you interpret engineered product division — non restructuring charges?: An increase suggests unexpected operational headwinds or legal issues that negatively impact segment margins.
How does engineered product division — non restructuring charges compare across companies?: Similar to 'special items' or 'non-recurring charges' found in segment reporting for industrial peers.