Flowserve Corporation (FLS)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 2,007,660 | 1,936,100 | 1,824,990 | 1,804,320 | 1,732,470 |
| ROE | 14.08% | 9.65% | 10.34% | 6.98% | 7.53% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $282,759K ÷ $2,007,660K
= 14.08%
Flowserve Corporation's return on equity (ROE) has shown some fluctuations over the past five years. In December 31, 2020, the ROE stood at 7.53%, which decreased slightly to 6.98% by the end of December 31, 2021. However, there was a notable improvement in ROE to 10.34% by December 31, 2022, indicating better efficiency in generating profit from shareholders' equity.
Subsequently, the ROE decreased slightly to 9.65% by December 31, 2023, before experiencing a significant rise to 14.08% as of December 31, 2024. This surge in ROE suggests improved profitability and efficiency in utilizing equity to generate earnings.
Overall, the trend in Flowserve Corporation's ROE indicates some variability in performance over the years, with a notable improvement in the latest year, reflecting positively on the company's ability to generate returns for its shareholders.
Peer comparison
Dec 31, 2024