What does flow control division — goodwill mean?

The value of goodwill attributed to the Flow Control division from past acquisitions.

How do you interpret flow control division — goodwill?

A decrease may signal impairment, while stability suggests the acquired businesses are performing as expected.

How does flow control division — goodwill compare across companies?

Comparable to segment-level goodwill balances reported by companies with active M&A strategies.

Flowserve FLS Flow Control Division — Goodwill

Discontinued — last reported Q4 '18

Similar metrics at other companies

AITFluid Power & Flow Control Segment — Goodwill

$352.2M+1.3%

PNRFlow Technologies — Goodwill

$459.7M-0.8%

ITTFlow Technologies — Goodwill

$2.94B—

PNRFlow Filtration Solutions — Goodwill

$857.5M-2.9%

PNRFlow — Goodwill

$633.8M-15.5%

ESEFiltration Fluid Flow — Goodwill

$102.2M+38.7%

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 us-gaap:Goodwill.

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

Questions, answered.

What does flow control division — goodwill mean?: The value of goodwill attributed to the Flow Control division from past acquisitions.
How do you interpret flow control division — goodwill?: A decrease may signal impairment, while stability suggests the acquired businesses are performing as expected.
How does flow control division — goodwill compare across companies?: Comparable to segment-level goodwill balances reported by companies with active M&A strategies.