The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net earnings, including noncontrolling interests | 369,802 | 301,226 | 205,188 | 198,015 |
| Depreciation | 79,236 | 75,849 | 73,464 | 77,636 |
| Amortization of intangible and other assets | 16,218 | 9,749 | 10,283 | 13,317 |
| Loss on sale of business-Flow Control Division | 0 | - | - | - |
| Loss on sale of business-BWIPNew Mexico Inc. | -140,092 | - | - | - |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Loss on sale of business | - | -12,981 | - | - |
| Contribution to divest asbestos-related assets and liabilities | 199,000 | - | - | - |
| Stock-based compensation | 38,263 | 30,474 | 27,808 | 25,530 |
| Foreign currency, asset write downs and other non-cash adjustments | 15,226 | -24,172 | 17,331 | 27,758 |
| Accounts receivable, net | -691 | 82,188 | -4,744 | 152,011 |
| Inventories | -86,678 | -38,872 | 59,831 | 147,492 |
| Contract assets, net | 13,279 | 18,513 | 41,149 | 41,768 |
| Prepaid expenses and other assets, net | 56,489 | -15,116 | -7,825 | -17,461 |
| Accounts payable | -28,852 | -12,336 | 53,065 | 78,968 |
| Contract liabilities | 23,502 | 6,070 | -26,837 | -61,684 |
| Accrued liabilities | 25,210 | 49,578 | 59,213 | -5,226 |
| Retirement obligations and other liabilities | 38,088 | 1,456 | 38,497 | -1,430 |
| Net deferred taxes | -47,954 | 15,058 | 62,841 | 136,936 |
| Net cash flows provided by operating activities | 505,884 | 425,308 | 325,772 | -40,010 |
| Capital expenditures | 70,927 | 81,019 | 67,359 | 76,287 |
| Payments for acquisitions, net of cash acquired | 65,881 | 305,924 | - | - |
| Proceeds from disposal of assets | 11,551 | 2,244 | 2,057 | 4,422 |
| Payments for disposition of business | 0 | 2,555 | - | - |
| Proceeds from termination of cross-currency swap | - | 0 | 0 | -66,004 |
| Affiliate investment activity | - | - | 3,278 | 225 |
| Affiliate investment activity | -96 | 40 | - | - |
| Net cash flows used by investing activities | -125,161 | -387,214 | -68,580 | -6,086 |
| Payments on senior notes | - | - | 0 | 0 |
| Proceeds from term loan | - | 366,000 | 0 | 0 |
| Payments on term loan | 37,500 | 95,375 | 40,000 | 32,500 |
| Proceeds from term loan | 0 | - | 0 | 0 |
| Payments of deferred loan costs | - | - | 0 | 0 |
| Proceeds under revolving credit facility | 200,000 | 100,000 | 280,000 | 45,000 |
| Payments under revolving credit facility | 100,000 | 100,000 | 280,000 | 45,000 |
| Proceeds under other financing arrangements | 15,309 | 1,437 | 1,114 | 1,733 |
| Payments under other financing arrangements | 5,888 | 1,455 | 2,604 | 1,790 |
| Payments related to tax withholding for stock-based compensation | 11,754 | 9,581 | 6,245 | 4,683 |
| Repurchases of common shares | 254,860 | 20,070 | 0 | 0 |
| Payments of dividends | 109,639 | 110,440 | 104,955 | 104,549 |
| Contingent consideration payment related to acquired business | 15,000 | - | - | - |
| Other | -7,596 | -13,021 | -324 | -8,223 |
| Net cash flows (used) provided by financing activities | -326,928 | 117,495 | -153,014 | -150,012 |
| Effect of exchange rate changes on cash and cash equivalents | 30,947 | -25,826 | 6,529 | -27,373 |
| Net change in cash and cash equivalents | 84,742 | 129,763 | 110,707 | -223,481 |
| Cash and cash equivalents at beginning of period | 675,441 | 545,678 | 434,971 | 658,452 |
| Cash and cash equivalents at end of period | 760,183 | 675,441 | 545,678 | 434,971 |
FLOWSERVE CORP (FLS)
FLOWSERVE CORP (FLS)