Flowserve Corporation (FLS)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,007,660 | 1,936,100 | 1,824,990 | 1,804,320 | 1,732,470 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,007,660K
= 0.00
Flowserve Corporation has maintained a consistent debt-to-equity ratio of 0.00 over the past five years from December 31, 2020 to December 31, 2024. This indicates that the company has been operating with zero debt in relation to its equity during this time period. A debt-to-equity ratio of 0.00 typically signifies that the company is using its own equity capital to finance operations, which can be seen as a positive financial position as it indicates a lower financial risk and a strong balance sheet. However, it is important to note that a low debt-to-equity ratio may also indicate that the company is not leveraging debt to potentially maximize returns on equity.
Peer comparison
Dec 31, 2024