Last $70.29 USD
Change Today -0.235 / -0.33%
Volume 897.8K
FLS On Other Exchanges
New York
As of 2:17 PM 10/1/14 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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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. Wins USD 30 Million Orders to Supply Pumping Systems for Ultra-Supercritical Power Plant in Poland

Flowserve Corporation announced that it has received a major order to provide multiple pumping systems to Alstom. The orders, totaling approximately USD 30 million, were booked in the second quarter of 2014. The pumping systems will be used for boiler feedwater and condensate service at two units for a new ultra-supercritical (USC), coal-fired power plant in Opole, Poland. Flowserve will also supply APKD condensate pumps, which are canned vertical pumps.

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.


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Valuation FLS Industry Range
Price/Earnings 19.7x
Price/Sales 2.0x
Price/Book 5.0x
Price/Cash Flow 19.3x
TEV/Sales 1.7x

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