← FLOWSERVE CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $132.5m |
$2.7m
-98.00%
|
$119.7m
+4412.48%
|
$253.7m
+111.97%
|
$116.3m
-54.14%
|
$125.9m
+8.27%
|
$188.7m
+49.81%
|
$186.7m
-1.03%
|
$282.8m
+51.42%
|
$346.2m
+22.45%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $135.5m | $4.3m | $125.0m | $261.8m | $126.8m | $136.2m | $198.0m | $205.2m | $301.2m | $369.8m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.1m | $1.7m | $5.4m | $8.1m | $10.5m | $10.2m | $9.3m | $18.4m | $18.5m | $23.6m | — | |
| Depreciation, Depletion and Amortization | $116.8m | $118.5m | $112.5m | $104.5m | $100.8m | $99.8m | $91.0m | $83.7m | $85.6m | $95.5m | $95.5m | |
| Amortization | $16.9m | $17.0m | $16.7m | $13.9m | $14.6m | $14.6m | $13.3m | $10.3m | $9.7m | $16.2m | $14.5m | |
| Amortization of Intangible Assets | $13.9m | $15.3m | $14.1m | $13.8m | $13.6m | $13.4m | $11.4m | $11.3m | $10.0m | $16.2m | — | |
| Depreciation | $99.9m | $101.4m | $95.8m | $90.6m | $86.2m | $85.2m | $77.6m | $73.5m | $75.8m | $79.2m | $81.0m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $91.0m | $83.7m | $85.6m | $95.5m | $95.5m | |
| Deferred Income Tax Expense (Benefit) | ($21.0m) | $171.4m | $6.5m | ($8.4m) | ($28.6m) | ($100.5m) | ($135.8m) | ($62.7m) | ($13.4m) | $47.7m | — | |
| Share-based Payment Arrangement, Noncash Expense | $30.2m | $22.8m | $19.9m | $23.9m | $27.3m | $29.5m | $25.5m | $27.8m | $30.5m | $38.3m | $40.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $6.0m | $4.7m | $6.2m | $9.6m | $11.8m | — | |
| Income (Loss) from Equity Method Investments | $12.9m | $12.6m | $11.1m | $10.5m | $11.8m | $16.3m | $18.5m | $17.9m | $19.1m | $20.7m | — | |
| Other Nonoperating Income (Expense) | $2.3m | ($16.1m) | ($19.6m) | ($17.6m) | ($10.3m) | ($36.1m) | ($559k) | ($49.9m) | ($12.2m) | $195.7m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($326.8m) | $26.4m | ($29.1m) | $76.5m | $75.2m | |
| Increase (Decrease) in Accounts Receivable | ($36.9m) | ($60.2m) | $25.4m | ($2.9m) | ($45.6m) | $8.7m | $152.0m | ($4.7m) | $82.2m | ($691k) | $34.7m | |
| Change In Receivables | — | — | — | — | — | — | ($193.8m) | ($36.4m) | ($100.7m) | ($12.6m) | $34.7m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($152.0m) | $4.7m | ($82.2m) | $691k | $34.7m | |
| Increase (Decrease) in Inventories | ($52.9m) | ($48.6m) | $29.3m | $31.1m | ($15.3m) | $32.1m | $147.5m | $59.8m | ($38.9m) | ($86.7m) | $68.2m | |
| Inventory Write-down | $14.6m | $22.9m | $16.2m | $17.1m | $14.9m | $15.6m | $15.4m | $21.5m | $14.1m | $15.6m | — | |
| Change In Inventory | — | — | — | — | — | — | ($147.5m) | ($59.8m) | $38.9m | $86.7m | $68.2m | |
| Increase (Decrease) in Accounts Payable | ($71.0m) | $12.4m | ($4.8m) | $22.9m | ($22.6m) | ($19.5m) | $79.0m | $53.1m | ($12.3m) | ($28.9m) | ($70.8m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $73.7m | $112.3m | $37.2m | ($3.6m) | ($70.8m) | |
| Change In Accrued Expense | — | — | — | — | — | — | ($5.2m) | $59.2m | $49.6m | $25.2m | $28.9m | |
| Net Cash Provided by (Used in) Operating Activities | $240.5m |
$311.1m
+29.35%
|
$190.8m
-38.65%
|
$312.7m
+63.88%
|
$310.5m
-0.70%
|
$250.1m
-19.46%
|
($40.0m)
-116.00%
|
$325.8m
+914.23%
|
$425.3m
+30.55%
|
$505.9m
+18.95%
|
$487.8m
-3.57%
|
|
| Cash flows from investing activities: | ||||||||||||
| Capital Expenditure | $89.7m | $61.6m | $84.0m | $66.2m | $57.4m | $76.3m | ($76.3m) | ($67.4m) | ($81.0m) | ($70.9m) | ($76.4m) | |
| Gain (Loss) on Sale of Investments | ($7.7m) | $141.3m | ($7.7m) | $0 | $0 | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | — | — | $0 | $0 | $305.9m | $65.9m | ($585.6m) | |
| Net Other Investing Changes | — | — | — | — | — | — | $4.4m | $2.1m | $2.2m | $11.6m | $20.5m | |
| Net Cash Provided by (Used in) Investing Activities | ($91.5m) | $176.6m | ($81.5m) | ($23.8m) | ($41.7m) | ($59.5m) | ($6.1m) | ($68.6m) | ($387.2m) | ($125.2m) | ($641.4m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $60.0m | $60.0m | $60.0m | $105.0m | $191.3m | — | — | — | — | — | ($246.6m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($46.2m) | $0 | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $45.0m | $280.0m | $466.0m | $200.0m | $874.1m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $45.0m | $280.0m | $466.0m | $200.0m | $874.1m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($77.5m) | ($320.0m) | ($195.4m) | ($137.5m) | ($246.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($32.5m) | ($40.0m) | $270.6m | $62.5m | $627.4m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($32.5m) | ($40.0m) | $270.6m | $62.5m | $627.4m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $0 | $0 | $0 | — | — | ($35.0m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($77.5m) | ($320.0m) | ($195.4m) | ($137.5m) | ($246.6m) | |
| Short Term Debt Issuance | — | — | — | — | — | $0 | $45.0m | $280.0m | — | — | $150.0m | |
| Short Term Debt Payments | — | — | — | — | — | $0 | ($45.0m) | ($280.0m) | — | — | ($185.0m) | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | $15.0m | $32.1m | $17.5m | $0 | $0 | $20.1m | $254.9m | — | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($104.5m) | ($105.0m) | ($110.4m) | ($109.6m) | ($108.7m) | |
| Common Stock Payments | — | — | — | — | — | — | $0 | $0 | ($20.1m) | ($254.9m) | ($227.1m) | |
| Net Common Stock Issuance | — | — | — | — | — | — | $0 | $0 | ($20.1m) | ($254.9m) | ($227.1m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | $0 | $0 | ($20.1m) | ($254.9m) | ($227.1m) | |
| Dividends paid | $97.7m | $99.2m | $99.4m | $99.6m | $104.2m | $104.6m | $104.5m | $105.0m | $110.4m | $109.6m | ($109.3m) | |
| Cash Dividends Paid | — | — | — | — | — | — | ($104.5m) | ($105.0m) | ($110.4m) | ($109.6m) | ($109.3m) | |
| Proceeds from (Payments for) Other Financing Activities | $1.4m | ($6.7m) | ($4.3m) | ($1.6m) | ($6.5m) | ($11.4m) | ($8.2m) | ($324k) | ($13.0m) | ($7.6m) | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($13.0m) | ($8.1m) | ($22.6m) | ($24.9m) | ($28.9m) | |
| Net Cash Provided by (Used in) Financing Activities | ($143.7m) |
($185.4m)
-28.97%
|
($173.3m)
+6.51%
|
($229.7m)
-32.53%
|
$147.6m
+164.26%
|
($599.7m)
-506.34%
|
($150.0m)
+74.99%
|
($153.0m)
-2.00%
|
$117.5m
+176.79%
|
($326.9m)
-378.25%
|
$262.2m
+180.21%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $34.0m | ($19.8m) | $51.3m | $424.3m | ($436.8m) | ($223.5m) | $110.7m | $129.8m | $84.7m | $737.9m | |
| Beginning Cash Position | — | — | — | — | — | $1.1b | $658.5m | $435.0m | $545.7m | — | $629.2m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $671.0m | $1.1b | $658.5m | $435.0m | $545.7m | $675.4m | $760.2m | $737.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $34.0m | ($19.8m) | ($8.0m) | $7.9m | ($27.8m) | ($27.4m) | $6.5m | ($25.8m) | $30.9m | ($6.9m) | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | ($27.4m) | $6.5m | ($25.8m) | $30.9m | ($6.9m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $57.4m | $56.8m | $54.6m | $53.6m | $57.0m | $72.2m | $41.6m | $64.9m | $66.8m | $75.5m | — | |
| Income Taxes Paid, Net | $151.2m | $59.4m | $87.0m | $66.4m | $75.3m | $65.6m | $60.1m | $119.3m | $81.2m | $92.3m | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $8.1m | ($33.1m) | ($36.1m) | $11.2m | ($21.1m) | ($29.8m) | $27.8m | $17.3m | ($24.2m) | $15.2m | — | |
| Gain (Loss) on Disposition of Business | — | $141.3m | ($7.7m) | $0 | $0 | $1.8m | $0 | $0 | ($13.0m) | — | — | |
| Goodwill | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.2b | $1.3b | $1.4b | — | |
| Income Tax Expense (Benefit) | $77.4m | $258.7m | $51.2m | $80.1m | $60.0m | ($2.6m) | ($43.6m) | $18.6m | $84.9m | $155.6m | — | |
| Noncash Merger Related Costs | — | — | — | — | — | — | — | — | — | $41.2m | — | |
| Operating Lease, Expense | — | — | — | $63.9m | $64.3m | $66.8m | $67.2m | $63.7m | $66.9m | $68.7m | — | |
| Payments of Financing Costs | $0 | $1.5m | $0 | $0 | $4.6m | $6.7m | $0 | $0 | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($150.0m) | ($153.0m) | $117.5m | ($326.9m) | $262.2m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($6.1m) | ($68.6m) | ($387.2m) | ($125.2m) | ($641.4m) | |
| Change In Account Payable | — | — | — | — | — | — | $79.0m | $53.1m | ($12.3m) | ($28.9m) | ($70.8m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($223.5m) | $110.7m | $129.8m | $84.7m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($76.7m) | $2.5m | ($19.7m) | $62.5m | $66.3m | |
| Change In Payable | — | — | — | — | — | — | $79.0m | $53.1m | ($12.3m) | ($28.9m) | ($70.8m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $17.5m | $7.8m | $15.1m | ($56.5m) | ($52.1m) | |
| Changes In Cash | — | — | — | — | — | — | ($196.1m) | $104.2m | $155.6m | $53.8m | $108.7m | |
| End Cash Position | — | — | — | — | — | — | $435.0m | $545.7m | $675.4m | $760.2m | $737.9m | |
| Financing Cash Flow | — | — | — | — | — | — | ($150.0m) |
($153.0m)
-2.00%
|
$117.5m
+176.79%
|
($326.9m)
-378.25%
|
$262.2m
+180.21%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($116.3m) | $258.4m | $344.3m | $435.0m | $411.4m | |
| Gain Loss On Sale Of Business | — | — | — | — | — | — | $0 | $0 | $13.0m | $0 | ($27.7m) | |
| Investing Cash Flow | — | — | — | — | — | — | ($6.1m) | ($68.6m) | ($387.2m) | ($125.2m) | ($641.4m) | |
| Net Business Purchase And Sale | — | — | — | — | — | — | ($225k) | ($3.3m) | ($308.4m) | ($65.8m) | ($585.5m) | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | — | ($27.8m) | ($17.3m) | $24.2m | ($15.2m) | ($26.3m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $66.0m | $0 | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($27.8m) | ($17.3m) | $37.2m | $124.9m | $86.1m | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($308.5m) | ($65.9m) | ($585.6m) | |
| Sale Of Investment | — | — | — | — | — | $0 | $66.0m | $0 | $0 | — | $0 | |
| Stock Based Compensation | — | — | — | — | — | — | $25.5m | $27.8m | $30.5m | $38.3m | $40.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.