Flowserve (FLS) Revenue & Revenue Breakdown
Flowserve Revenue Highlights
Latest Revenue (Y)
$4.32B
Latest Revenue (Q)
$366.10M
Main Segment (Y)
Aftermarket Equipment
Main Geography (Y)
UNITED STATES
Flowserve Revenue by Period
Flowserve Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.32B | 19.51% |
| 2022-12-31 | $3.62B | 2.09% |
| 2021-12-31 | $3.54B | -5.02% |
| 2020-12-31 | $3.73B | -5.49% |
| 2019-12-31 | $3.94B | 2.93% |
| 2018-12-31 | $3.83B | 4.69% |
| 2017-12-31 | $3.66B | -8.28% |
| 2016-12-31 | $3.99B | -12.49% |
| 2015-12-31 | $4.56B | -6.50% |
| 2014-12-31 | $4.88B | -1.55% |
| 2013-12-31 | $4.95B | 4.28% |
| 2012-12-31 | $4.75B | 5.35% |
| 2011-12-31 | $4.51B | 11.86% |
| 2010-12-31 | $4.03B | -7.63% |
| 2009-12-31 | $4.37B | -2.42% |
| 2008-12-31 | $4.47B | 18.89% |
| 2007-12-31 | $3.76B | 22.92% |
| 2006-12-31 | $3.06B | 13.57% |
| 2005-12-31 | $2.70B | 2.16% |
| 2004-12-31 | $2.64B | 9.73% |
| 2003-12-31 | $2.40B | 6.80% |
| 2002-12-31 | $2.25B | 17.41% |
| 2001-12-31 | $1.92B | 24.65% |
| 2000-12-31 | $1.54B | 44.94% |
| 1999-12-31 | $1.06B | -2.01% |
| 1998-12-31 | $1.08B | -6.00% |
| 1997-12-31 | $1.15B | 90.30% |
| 1996-12-31 | $605.45M | 13.65% |
| 1995-12-31 | $532.73M | 54.24% |
| 1994-12-31 | $345.39M | 10.03% |
| 1993-12-31 | $313.90M | - |
Flowserve generated $4.32B in revenue during NA 2023, up 19.51% compared to the previous quarter, and up 112.73% compared to the same period a year ago.
Flowserve Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $366.10M | -66.34% |
| 2024-03-31 | $1.09B | -6.67% |
| 2023-12-31 | $1.17B | 6.44% |
| 2023-09-30 | $1.09B | 1.33% |
| 2023-06-30 | $1.08B | 10.21% |
| 2023-03-31 | $980.30M | -5.65% |
| 2022-12-31 | $1.04B | 19.03% |
| 2022-09-30 | $872.88M | -1.06% |
| 2022-06-30 | $882.22M | 7.45% |
| 2022-03-31 | $821.06M | -10.70% |
| 2021-12-31 | $919.46M | 6.16% |
| 2021-09-30 | $866.12M | -3.57% |
| 2021-06-30 | $898.18M | 4.77% |
| 2021-03-31 | $857.31M | -12.99% |
| 2020-12-31 | $985.31M | 6.60% |
| 2020-09-30 | $924.30M | -0.07% |
| 2020-06-30 | $924.97M | 3.41% |
| 2020-03-31 | $894.46M | -16.26% |
| 2019-12-31 | $1.07B | 7.19% |
| 2019-09-30 | $996.54M | 0.65% |
| 2019-06-30 | $990.08M | 11.24% |
| 2019-03-31 | $890.05M | -9.81% |
| 2018-12-31 | $986.87M | 3.58% |
| 2018-09-30 | $952.72M | -2.10% |
| 2018-06-30 | $973.13M | 5.78% |
| 2018-03-31 | $919.95M | -11.04% |
| 2017-12-31 | $1.03B | 17.06% |
| 2017-09-30 | $883.38M | 0.72% |
| 2017-06-30 | $877.06M | 1.56% |
| 2017-03-31 | $863.63M | -19.64% |
| 2016-12-31 | $1.07B | 13.92% |
| 2016-09-30 | $943.33M | -8.08% |
| 2016-06-30 | $1.03B | 8.34% |
| 2016-03-31 | $947.25M | -26.44% |
| 2015-12-31 | $1.29B | 17.44% |
| 2015-09-30 | $1.10B | -5.66% |
| 2015-06-30 | $1.16B | 14.55% |
| 2015-03-31 | $1.01B | -26.55% |
| 2014-12-31 | $1.38B | 14.73% |
| 2014-09-30 | $1.20B | -1.66% |
| 2014-06-30 | $1.22B | 14.63% |
| 2014-03-31 | $1.07B | -23.12% |
| 2013-12-31 | $1.39B | 13.05% |
| 2013-09-30 | $1.23B | -0.84% |
| 2013-06-30 | $1.24B | 13.03% |
| 2013-03-31 | $1.10B | -17.44% |
| 2012-12-31 | $1.33B | 13.92% |
| 2012-09-30 | $1.17B | -1.38% |
| 2012-06-30 | $1.18B | 9.98% |
| 2012-03-31 | $1.07B | -15.05% |
| 2011-12-31 | $1.27B | 12.80% |
| 2011-09-30 | $1.12B | -0.35% |
| 2011-06-30 | $1.13B | 12.89% |
| 2011-03-31 | $997.21M | -12.55% |
| 2010-12-31 | $1.14B | 17.36% |
| 2010-09-30 | $971.68M | 1.10% |
| 2010-06-30 | $961.10M | 0.23% |
| 2010-03-31 | $958.91M | -20.03% |
| 2009-12-31 | $1.20B | 14.08% |
| 2009-09-30 | $1.05B | -3.61% |
| 2009-06-30 | $1.09B | 6.41% |
| 2009-03-31 | $1.02B | -12.34% |
| 2008-12-31 | $1.17B | 1.33% |
| 2008-09-30 | $1.15B | -0.35% |
| 2008-06-30 | $1.16B | 16.54% |
| 2008-03-31 | $993.32M | -10.46% |
| 2007-12-31 | $1.11B | - |
Flowserve generated $366.10M in revenue during Q2 2024, up -66.34% compared to the previous quarter, and up 37.35% compared to the same period a year ago.
Flowserve Revenue Breakdown
Flowserve Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Original Equipment | $2.09B | - | - | - | - |
| Aftermarket Equipment | $2.23B | - | - | - | - |
| FPD | - | $4.51M | $2.75M | $1.97M | $1.83M |
| FCD | - | $3.49M | $2.92M | $3.12M | $3.63M |
| Intersegment Eliminations | - | - | - | - | $-5.46M |
| Operating Segments | - | - | - | - | $5.46M |
Flowserve's latest annual revenue breakdown by segment (product or service), as of Dec 23: Aftermarket Equipment (51.70%), and Original Equipment (48.30%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Aftermarket Equipment | $590.52M | $558.88M | $1.67B | $565.53M | $522.43M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Original Equipment | $566.37M | $528.60M | $1.56B | $529.18M | $545.75M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Flow Control Division | - | - | - | - | $2.19M | $1.03M | $1.11M | $416.00K | $681.00K | $254.77M | $251.41M | $259.33M | $313.75M | - | - | - | - | - | - | - |
| FPD | - | - | - | - | $530.00K | $638.00K | $738.24M | $1.26M | $445.00K | $1.60M | $647.39M | $731.00K | $257.00K | $476.00K | $695.49M | $669.53M | $673.55M | $635.13M | - | - |
| FCD | - | - | - | - | - | $1.08M | $638.00K | $2.16M | $2.00K | - | - | - | - | - | - | - | - | - | - | - |
| Flow Pump Division and Flow Control Division | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.13M | $1.34M | $1.52M | $1.01M | - |
| Flowserve Pump Division | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $682.80M |
Flowserve's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Aftermarket Equipment (51.04%), and Original Equipment (48.96%).
Flowserve Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia Pacific | $739.51M | - | - | - | - |
| EMEA | $1.50B | $1.21B | $1.27B | $1.39B | $1.40B |
| Other Segment Geographic Area | $410.29M | $342.77M | $336.65M | $343.77M | $358.05M |
| UNITED STATES | $1.82B | $1.54B | $1.38B | $1.46B | $1.64B |
| Asia And Australia | $584.76M | $524.95M | $557.31M | $535.44M | $551.76M |
Flowserve's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (36.00%), EMEA (29.72%), Asia Pacific (14.61%), Asia And Australia (11.56%), and Other Segment Geographic Area (8.11%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | $79.06M | $75.42M | $79.97M | $72.86M | $7.68M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Middle East And Africa | $185.28M | $182.49M | $172.50M | $135.72M | $15.14M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| North America | $486.08M | $439.47M | $454.43M | $428.77M | $75.84M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asia Pacific | $192.87M | $182.74M | $545.79M | $193.72M | $224.76M | $20.02M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Europe | $213.60M | $207.36M | $194.10M | $206.06M | $68.56M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FPD | - | - | - | - | $530.00K | $638.00K | $738.24M | $1.26M | $445.00K | $1.60M | $647.39M | $731.00K | $257.00K | $476.00K | $695.49M | $280.95M | $271.46M | $252.73M | - | - |
Flowserve's latest quarterly revenue breakdown by geography, as of Jun 24: North America (42.02%), Europe (18.46%), Asia Pacific (16.67%), Middle East And Africa (16.02%), and Latin America (6.83%).
Flowserve Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PH | Parker-Hannifin | $19.93B | $5.07B |
| IR | Ingersoll Rand | $6.88B | $1.81B |
| AME | AMETEK | $6.60B | $1.73B |
| FLS | Flowserve | $4.32B | $366.10M |
| PNR | Pentair | $4.10B | $1.10B |
| DCI | Donaldson | $3.43B | $927.90M |
| IEX | IDEX | $3.27B | $807.20M |
| FELE | Franklin Electric | $2.07B | $543.26M |
| WTS | Watts Water | $2.06B | $570.90M |
| GRC | Gorman-Rupp | $659.51M | $169.51M |
| EPAC | Enerpac Tool Group | $598.20M | $150.39M |
FLS Revenue FAQ
What is Flowserve’s yearly revenue?
Flowserve's yearly revenue for 2023 was $4.32B, representing an increase of 19.51% compared to 2022. The company's yearly revenue for 2022 was $3.62B, representing an increase of 2.09% compared to 2021. FLS's yearly revenue for 2021 was $3.54B, representing a decrease of -5.02% compared to 2020.
What is Flowserve’s quarterly revenue?
Flowserve's quarterly revenue for Q2 2024 was $366.1M, a -66.34% decrease from the previous quarter (Q1 2024), and a -66.11% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.09B, a -6.67% decrease from the previous quarter (Q4 2023), and a 10.93% increase year-over-year (Q1 2023). FLS's quarterly revenue for Q4 2023 was $1.17B, a 6.44% increase from the previous quarter (Q3 2023), and a 12.15% increase year-over-year (Q4 2022).
What is Flowserve’s revenue growth rate?
Flowserve's revenue growth rate for the last 3 years (2021-2023) was 22.01%, and for the last 5 years (2019-2023) was 9.52%.
What are Flowserve’s revenue streams?
Flowserve's revenue streams in c 23 are Original Equipment, and Aftermarket Equipment. Original Equipment generated $2.09B in revenue, accounting 48.30% of the company's total revenue Aftermarket Equipment generated $2.23B in revenue, accounting 51.70% of the company's total revenue
What is Flowserve’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Flowserve was Aftermarket Equipment. This segment made a revenue of $2.23B, representing 51.70% of the company's total revenue.