Flowserve Corporation (FLS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 29.91% | 29.74% | 29.39% | 28.97% | 27.85% | 27.94% | 28.43% | 29.13% | 30.28% | 30.52% | 30.90% | 30.44% | 30.44% | 31.21% | 31.85% | 32.55% | 32.85% | 32.82% | 32.63% | 31.95% |
| Operating profit margin | 7.81% | 7.95% | 7.22% | 6.62% | 5.52% | 5.12% | 6.10% | 6.41% | 7.81% | 7.95% | 8.66% | 7.80% | 6.82% | 6.91% | 7.23% | 8.51% | 10.15% | 9.55% | 8.57% | 7.25% |
| Pretax margin | 4.81% | 4.82% | 5.22% | 5.06% | 4.06% | 2.95% | 2.93% | 2.68% | 3.56% | 4.59% | 5.52% | 4.44% | 5.23% | 5.98% | 6.05% | 7.64% | 8.08% | 7.81% | 6.89% | 5.61% |
| 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% |
Flowserve Corp.'s profitability ratios have shown improvement over the quarters, reflecting better operational efficiency and cost management.
- The gross profit margin has steadily increased from 27.50% in Q4 2022 to 29.55% in Q4 2023, indicating the company's ability to control direct costs of production and generate higher profits from sales.
- The operating profit margin has also shown a positive trend, with an increase from 4.94% in Q4 2022 to 7.31% in Q4 2023. This suggests that Flowserve Corp. has been successful in managing its operating expenses more effectively and enhancing its operational profitability.
- Similarly, the pretax margin has demonstrated an upward trajectory, rising from 2.91% in Q1 2022 to 5.18% in Q4 2023. This indicates that the company has been able to improve its profitability before accounting for taxes by increasing revenues and controlling costs.
- The net profit margin has increased significantly from 2.41% in Q3 2022 to 6.13% in Q1 2023, showcasing Flowserve Corp.'s ability to translate its revenues into higher profits for its shareholders after all expenses have been accounted for.
Overall, Flowserve Corp.'s profitability ratios have exhibited positive trends, reflecting improvements in efficiency and profitability across its operations over the analyzed quarters.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 6.53% | 6.63% | 5.76% | 5.07% | 4.12% | 3.93% | 4.59% | 4.72% | 5.70% | 5.02% | 6.45% | 5.87% | 4.71% | 5.01% | 5.79% | 6.96% | 8.06% | 7.71% | 6.74% | 5.64% |
| Return on assets (ROA) | 3.66% | 4.94% | 4.83% | 4.74% | 3.94% | 1.87% | 2.08% | 2.04% | 2.65% | 2.95% | 3.56% | 2.75% | 2.45% | 2.84% | 3.15% | 4.17% | 4.84% | 4.81% | 4.10% | 3.24% |
| Return on total capital | 8.77% | 8.37% | 8.38% | 7.88% | 6.27% | 5.09% | 5.04% | 4.80% | 5.90% | 7.41% | 8.51% | 7.31% | 7.19% | 8.21% | 9.50% | 11.64% | 11.95% | 11.53% | 10.20% | 8.73% |
| Return on equity (ROE) | 9.65% | 13.10% | 12.61% | 12.53% | 10.34% | 5.07% | 5.54% | 5.47% | 6.98% | 9.39% | 9.86% | 7.73% | 7.53% | 8.79% | 9.31% | 11.96% | 13.67% | 13.15% | 11.45% | 9.30% |
Flowserve Corp. has shown relatively stable profitability ratios over the past eight quarters. The Operating Return on Assets (Operating ROA) has ranged from 4.67% to 6.29%, indicating the company's ability to generate earnings from its assets before interest and taxes. The overall Return on Assets (ROA) has fluctuated between 3.66% and 4.94%, reflecting the company's ability to generate profits from its total assets.
The Return on Total Capital has been between 7.95% and 10.52%, demonstrating the company's efficiency in generating returns from its total capital employed, including both debt and equity financing. The Return on Equity (ROE) has shown a wider range from 5.07% to 13.10%, indicating the company's ability to generate profits for its shareholders from the equity they have invested in the business.
Overall, Flowserve Corp. has maintained healthy profitability levels, with consistent performance in generating returns for both its assets and capital. The company's ability to maintain stable profitability ratios is a positive sign for investors and indicates sound financial management practices.