Flowserve Corporation (FLS)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 consistently maintained a debt-to-equity ratio of 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or expansion during this period. A debt-to-equity ratio of 0.00 suggests that Flowserve Corporation relies solely on equity financing, which may be seen as a positive indicator of financial stability and low financial risk. It also implies that the company may not be taking on excessive leverage, which can be advantageous in terms of financial flexibility and resilience during economic downturns. Overall, based on the consistent debt-to-equity ratio of 0.00, Flowserve Corporation appears to have a conservative capital structure.
Peer comparison
Dec 31, 2024