Earnings Summary

Flowserve Corp.’s revenue fell -63.42% since last year same period to $322.76Mn in the Q2 2023. On a quarterly growth basis, Flowserve Corp. has generated -67.08% fall in its revenue since last 3-months.

Flowserve Corp.’s net profit jumped 14.35% since last year same period to $51.2Mn in the Q2 2023. On a quarterly growth basis, Flowserve Corp. has generated 91.3% jump in its net profits since last 3-months.

Flowserve Corp.’s net profit margin jumped 212.56% since last year same period to 15.86% in the Q2 2023. On a quarterly growth basis, Flowserve Corp. has generated 481.02% jump in its net profit margins since last 3-months.

Flowserve Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.47 - a 104.35% jump from last quarter’s estimates.

Flowserve Corp.’s earning per share (EPS) estimates for the current year stand at 0.47.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Flowserve Corp.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Flowserve Corp.’s return on equity (ROE) stands at 0.14.

Flowserve Corp. declared 0.2 dividend per share during the earnings announcement for Q1 2023.