Flowserve Corporation (FLS)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,454,252 | 1,421,681 | 1,375,495 | 1,324,638 | 1,276,827 | 1,232,525 | 1,154,408 | 1,081,477 | 994,294 | 966,147 | 980,062 | 1,008,471 | 1,049,724 | 1,078,025 | 1,109,742 | 1,098,664 | 1,113,741 | 1,167,919 | 1,216,399 | 1,267,272 |
| Revenue (ttm) | US$ in thousands | 4,557,810 | 4,542,640 | 4,504,270 | 4,427,760 | 4,320,585 | 4,194,365 | 3,972,526 | 3,774,368 | 3,615,121 | 3,495,617 | 3,488,854 | 3,504,810 | 3,541,060 | 3,606,912 | 3,665,095 | 3,691,882 | 3,729,031 | 3,811,893 | 3,884,136 | 3,949,255 |
| Gross profit margin | 31.91% | 31.30% | 30.54% | 29.92% | 29.55% | 29.39% | 29.06% | 28.65% | 27.50% | 27.64% | 28.09% | 28.77% | 29.64% | 29.89% | 30.28% | 29.76% | 29.87% | 30.64% | 31.32% | 32.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,454,252K ÷ $4,557,810K
= 31.91%
Flowserve Corporation's gross profit margin has shown a declining trend from 32.09% as of March 31, 2020, to a low of 27.50% as of December 31, 2022. However, there has been a slight recovery in the margin since then, with an improvement to 31.91% by December 31, 2024. The margin fluctuated during the period under consideration, indicating potential challenges in managing production costs and pricing strategies. It is essential for the company to closely monitor and address the factors impacting gross profit margin to ensure long-term profitability and operational efficiency.
Peer comparison
Dec 31, 2024