What does FPD — loss on sale of business mean?

The financial loss incurred from selling a part of the business segment.

How do you interpret FPD — loss on sale of business?

An increase indicates divestment of underperforming assets or strategic restructuring, while a decrease suggests more favorable exit terms or fewer divestments.

How does FPD — loss on sale of business compare across companies?

Commonly reported by industrial conglomerates under 'Loss on disposal of assets' or 'Net loss from discontinued operations'.

Flowserve FLS FPD — Loss on sale of business

Discontinued — last reported Q3 '18

Similar metrics at other companies

PNRFlow Technologies — Gain Loss On Sale Of Business

$1M—

PNRFlow — Segment Income (Loss)

$70.58M+16.5%

FTVUnallocated Corporate Costs and Other — Loss from divestiture

-$25.6M—

FTVIntelligent Operating Solutions — Loss from divestiture

$0—

DOVPumps & Process Solutions — Loss on assets held for sale

-$11.74M—

FTVAdvanced Healthcare Solutions — Loss from divestiture

$0—

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:GainLossOnSaleOfBusiness.

The official record: Flowserve’s 10-K, filed February 23, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does FPD — loss on sale of business mean?: The financial loss incurred from selling a part of the business segment.
How do you interpret FPD — loss on sale of business?: An increase indicates divestment of underperforming assets or strategic restructuring, while a decrease suggests more favorable exit terms or fewer divestments.
How does FPD — loss on sale of business compare across companies?: Commonly reported by industrial conglomerates under 'Loss on disposal of assets' or 'Net loss from discontinued operations'.