Flowserve Corporation (FLS)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 282,759 | 267,835 | 255,609 | 234,196 | 186,742 | 245,455 | 237,699 | 231,273 | 190,828 | 86,229 | 97,614 | 98,191 | 125,950 | 166,112 | 172,442 | 135,733 | 121,043 | 133,943 | 137,670 | 187,197 |
| 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 |
| Net profit margin | 6.20% | 5.90% | 5.67% | 5.29% | 4.32% | 5.85% | 5.98% | 6.13% | 5.28% | 2.47% | 2.80% | 2.80% | 3.56% | 4.61% | 4.70% | 3.68% | 3.25% | 3.51% | 3.54% | 4.74% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $282,759K ÷ $4,557,810K
= 6.20%
Flowserve Corporation's net profit margin has shown fluctuations over the past few years.
The net profit margin decreased from 4.74% in March 2020 to 3.54% in June 2020, and further to 3.51% in September 2020. It dipped to 3.25% by the end of December 2020.
However, there was a slight improvement in the net profit margin to 3.68% in March 2021 and a more notable increase to 4.70% in June 2021. The trend continued with a net profit margin of 4.61% in September 2021.
The net profit margin decreased again in December 2021 to 3.56% and continued to decline to 2.80% in March 2022 and June 2022. It further dropped to 2.47% in September 2022.
There was a significant improvement in the net profit margin in December 2022, reaching 5.28%, followed by a further increase to 6.13% in March 2023, indicating stronger financial performance during that period.
The net profit margin remained relatively stable around 5.98% to 6.20% from June 2023 to December 2024, suggesting a consistent and healthy level of profitability for Flowserve Corporation during that timeframe.
Overall, the fluctuations in the net profit margin demonstrate the company's ability to manage its costs and generate profits, with notable improvements in certain periods, reflecting its financial performance over the years.
Peer comparison
Dec 31, 2024