Flowserve Corporation (FLS)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 2,007,660 | 2,054,300 | 1,970,060 | 1,953,980 | 1,936,100 | 1,874,110 | 1,884,450 | 1,846,320 | 1,824,990 | 1,657,120 | 1,721,400 | 1,754,990 | 1,804,320 | 1,759,500 | 1,740,980 | 1,712,030 | 1,732,470 | 1,673,420 | 1,662,570 | 1,659,430 |
| ROE | 14.08% | 13.04% | 12.97% | 11.99% | 9.65% | 13.10% | 12.61% | 12.53% | 10.46% | 5.20% | 5.67% | 5.59% | 6.98% | 9.44% | 9.90% | 7.93% | 6.99% | 8.00% | 8.28% | 11.28% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $282,759K ÷ $2,007,660K
= 14.08%
Flowserve Corporation's return on equity (ROE) has shown some fluctuation over the past few years based on the provided data.
The ROE was at 11.28% as of March 31, 2020, indicating that the company generated a return of 11.28% on shareholder equity during that period. The ROE decreased to 8.28% by June 30, 2020, and continued to decline to 6.99% by December 31, 2020.
The trend started to reverse in the following year, with ROE increasing to 9.90% by June 30, 2021, and further climbing to 13.10% by September 30, 2023, reaching its peak at 14.08% by December 31, 2024.
However, there were periods of decline in ROE as well, like the decrease to 5.20% by September 30, 2022, which was followed by a recovery to 12.53% by March 31, 2023.
Overall, the company has demonstrated varying levels of profitability in relation to shareholder equity over the years, with some periods of improvement and others of decline. It is important to further analyze the company's financial performance and business strategies to understand the factors influencing these fluctuations in ROE.
Peer comparison
Dec 31, 2024