Flowserve Corporation (FLS)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 186,742 | 245,455 | 237,699 | 231,273 | 188,687 | 84,057 | 95,442 | 96,019 | 125,919 | 165,270 | 171,585 | 132,331 | 130,351 | 146,900 | 150,600 | 198,500 | 238,800 | 229,300 | 197,700 | 156,900 |
| Revenue (ttm) | US$ in thousands | 4,268,876 | 4,144,376 | 3,927,236 | 3,733,520 | 3,569,619 | 3,458,369 | 3,447,565 | 3,461,678 | 3,466,525 | 3,532,325 | 3,590,953 | 3,618,040 | 3,668,956 | 3,751,856 | 3,826,408 | 3,891,483 | 3,924,802 | 3,843,502 | 3,791,118 | 3,772,349 |
| Net profit margin | 4.37% | 5.92% | 6.05% | 6.19% | 5.29% | 2.43% | 2.77% | 2.77% | 3.63% | 4.68% | 4.78% | 3.66% | 3.55% | 3.92% | 3.94% | 5.10% | 6.08% | 5.97% | 5.21% | 4.16% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $186,742K ÷ $4,268,876K
= 4.37%
The net profit margin of Flowserve Corp. has shown fluctuations over the past eight quarters. In Q4 2023, the net profit margin decreased to 4.32% from the previous quarter's 5.85%. This decrease may indicate potential challenges in maintaining profitability during that period. However, the margin in Q4 2023 is still higher compared to Q4 2022, which suggests an improvement in profitability year-over-year.
Overall, there seems to be some variability in the net profit margin of Flowserve Corp., with highs and lows evident across different quarters. It is essential for investors and analysts to closely monitor these trends to assess the company's financial performance and management's efficiency in generating profits.
Peer comparison
Dec 31, 2023