Flowserve Corporation (FLS)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	282,759	186,743	188,689	125,949	130,420
Total assets	US$ in thousands	5,500,820	5,108,720	4,790,630	4,749,770	5,314,680
ROA		5.14%	3.66%	3.94%	2.65%	2.45%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $282,759K ÷ $5,500,820K
= 5.14%

Flowserve Corporation's return on assets (ROA) has shown a positive trend over the past five years. The ROA increased from 2.45% as of December 31, 2020, to 5.14% as of December 31, 2024. This indicates that the company has become more efficient in generating profits from its assets over the years. The significant improvement in ROA reflects a better utilization of assets to generate earnings. Overall, the increasing trend in ROA suggests an improvement in Flowserve Corporation's asset management efficiency and profitability over the analyzed period.

Peer comparison

Dec 31, 2024

Company name

Symbol

ROA

Flowserve Corporation

FLS

5.14%