Last $73.58 USD
Change Today -0.23 / -0.31%
Volume 865.0K
FLS On Other Exchanges
New York
As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

flowserve corp (FLS) Snapshot

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52 Week High
02/24/14 - $82.24
52 Week Low
10/9/13 - $59.86
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Current Stock Chart for FLOWSERVE CORP (FLS)

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flowserve corp (FLS) Details

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. The company’s Engineered Product division offers long lead time, custom, and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment, as well as offers related services. Its Industrial Product division provides engineered and pre-configured industrial pumps and pump systems, including submersible motors and specialty products, and replacement parts and related equipment, as well as an array of support services. The company’s Flow Control division offers industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment; and energy management products, such as steam traps, boiler controls and condensate, and energy recovery systems. This division provides its products to control, direct, and manage the flow of liquids and gases. The company also offers aftermarket equipment services, such as installation, advanced diagnostics, repair, and retrofitting. It provides its products to oil and gas; chemical; water management; power generation; and general industries comprising mining and ore processing, pharmaceuticals, pulp and paper, food and beverage and other smaller applications. The company distributes its products through direct sales, distributors, and sales representatives worldwide. Flowserve Corporation was founded in 1912 and is headquartered in Irving, Texas.

18,000 Employees
Last Reported Date: 07/23/14
Founded in 1912

flowserve corp (FLS) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $1.0M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $541.3K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $663.8K
Chief Administrative Officer and Senior Vice ...
Total Annual Compensation: $420.6K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $326.3K
Compensation as of Fiscal Year 2013.

flowserve corp (FLS) Key Developments

Flowserve Corp. Approves to Amend the By-Laws

Effective September 8, 2014, Flowserve Corp. voted to amend the Company's By-Laws. Article III, Section 2 of the By-Laws, the number of directors of the Company, was amended by the Board to increase the number of directors of the Company from eleven to twelve.

Flowserve Corporation Elects Lynn L. Elsenhans as Member of the Board

On September 8, 2014, Flowserve Corporation announced that Lynn L. Elsenhans, former Executive Chairman, President and Chief Executive Officer of Sunoco Inc., has been elected by the company's Board of Directors as a new member of the Board, effective September 8, 2014. In connection with her election to the Board, Ms. Elsenhans has also been appointed as a member of the Finance Committee and the Organization and Compensation Committee of the Board. She is expected to be nominated for reelection by the company's shareholders at the 2015 annual meeting of shareholders.

Flowserve to Introduce New Bearing Gard(TM) Bearing Isolator at Turbomachinery and Pump Symposia

Flowserve Corp. announced plans to debut its new Bearing Gard bearing isolator at the 2014 Turbomachinery and Pump Symposia in Houston on Tuesday, September 23, during a press conference at 3:30 p.m. in booth 1213. The new Flowserve bearing isolator can significantly reduce this contamination, in part due to the addition of static shut-off technology. Flowserve has also developed a faster manufacturing process to provide same-day manufacturing and shipping, even on custom bearing isolator orders.


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Valuation FLS Industry Range
Price/Earnings 20.6x
Price/Sales 2.1x
Price/Book 5.2x
Price/Cash Flow 20.2x
TEV/Sales 1.8x

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