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Flowserve FLS Operating Segments — Payments To Acquire Productive Assets

Discontinued — last reported Q4 '19

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IR
IROperating Segments — Payments To Acquire Productive Assets
$6.68M-64.1%

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:PaymentsToAcquireProductiveAssets.

The official record: Flowserve’s 10-K, filed February 18, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — payments to acquire productive assets mean?
The cash spent by a business segment to buy new equipment or facilities.
How do you interpret operating segments — payments to acquire productive assets?
Higher spending indicates active investment in future growth or modernization of the segment's production capabilities.
How does operating segments — payments to acquire productive assets compare across companies?
Equivalent to segment-level capital expenditures (CapEx) reported by industrial companies.