What does flow control division — goodwill acquired mean?

The value of goodwill added to the segment's balance sheet through new acquisitions during the period.

How do you interpret flow control division — goodwill acquired?

An increase signals active inorganic growth and investment in the segment, while a lack of activity suggests a focus on organic growth or capital preservation.

How does flow control division — goodwill acquired compare across companies?

Comparable to 'Goodwill Additions' or 'Acquisition-related Goodwill' reported by industrial manufacturing peers during M&A cycles.

Flowserve FLS Flow Control Division — Goodwill Acquired

Discontinued — last reported Q4 '15

Similar metrics at other companies

PNRFlow Technologies — Goodwill Acquired

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AITFluid Power & Flow Control Segment — Goodwill, Acquired During Period

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PNRFlow Technologies — Goodwill

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AITFluid Power & Flow Control Segment — Goodwill

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PNRValves And Controls — Goodwill Acquired

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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 us-gaap:GoodwillAcquiredDuringPeriod.

The official record: Flowserve’s 10-K/A, filed August 11, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does flow control division — goodwill acquired mean?: The value of goodwill added to the segment's balance sheet through new acquisitions during the period.
How do you interpret flow control division — goodwill acquired?: An increase signals active inorganic growth and investment in the segment, while a lack of activity suggests a focus on organic growth or capital preservation.
How does flow control division — goodwill acquired compare across companies?: Comparable to 'Goodwill Additions' or 'Acquisition-related Goodwill' reported by industrial manufacturing peers during M&A cycles.