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Flowserve FLS Operating margin

Operating margin at other companies

Curtiss-Wright logo
Curtiss-WrightCW
18.4%+1.0pp
ITT logo
ITTITT
15.9%-2.8pp
IDEX logo
IDEXIEX
20.7%+0.6pp
Sunoco logo
SunocoSUN
4.9%+1.4pp
IR
Ingersoll RandIR
14.5%-3.4pp
Crane Co. logo
Crane Co.CR
17.3%+0.1pp

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
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

Calculated from Flowserve’s reported figures.

Based on trailing twelve months.

The official record: Flowserve’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flowserve's operating margin?
Flowserve (FLS) reported operating margin of 8.3% in Q1 2026.
How has Flowserve's operating margin changed year-over-year?
Flowserve's operating margin decreased by 20.1% year-over-year, from 10.4% to 8.3%.
What is the long-term trend for Flowserve's operating margin?
Over 5 years (2020 to 2025), Flowserve's operating margin has grown at a 4.7% compound annual growth rate (CAGR), from 6.7% to 8.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.