Flowserve Corporation (FLS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 480,336 | 465,095 | 432,159 | 394,084 | 333,553 | 280,009 | 263,787 | 227,471 | 170,481 | 199,692 | 203,020 | 214,850 | 270,757 | 280,927 | 310,887 | 281,613 | 251,062 | 262,992 | 285,230 | 340,360 |
| 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 |
| Operating profit margin | 10.54% | 10.24% | 9.59% | 8.90% | 7.72% | 6.68% | 6.64% | 6.03% | 4.72% | 5.71% | 5.82% | 6.13% | 7.65% | 7.79% | 8.48% | 7.63% | 6.73% | 6.90% | 7.34% | 8.62% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $480,336K ÷ $4,557,810K
= 10.54%
Flowserve Corporation's operating profit margin has shown fluctuations over the periods provided. The margin decreased from 8.62% as of March 31, 2020, to a low of 4.72% by December 31, 2022. However, there was a gradual recovery in the following quarters, with the margin reaching 10.54% by December 31, 2024.
The company experienced a downward trend in operating profit margin in the early part of the data series, which may indicate challenges in managing operating expenses relative to revenue generation. Subsequently, there was an improvement in profitability as the margin increased steadily in the latter periods.
It is important for Flowserve Corporation to monitor and manage its operating expenses effectively to sustain and further enhance its operating profit margin. A higher operating profit margin generally indicates better operational efficiency and cost management within the company.
Peer comparison
Dec 31, 2024