Flowserve (FLS) Revenue & Revenue Breakdown


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Flowserve Revenue Highlights


Latest Revenue (Y)

$4.32B

Latest Revenue (Q)

$357.07M

Main Segment (Y)

Aftermarket Equipment

Main Geography (Y)

UNITED STATES

Flowserve Revenue by Period


Flowserve Revenue by Year

DateRevenueChange
2023-12-31$4.32B19.51%
2022-12-31$3.62B2.09%
2021-12-31$3.54B-5.02%
2020-12-31$3.73B-5.49%
2019-12-31$3.94B2.93%
2018-12-31$3.83B4.69%
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$4.95B4.28%
2012-12-31$4.75B5.35%
2011-12-31$4.51B11.86%
2010-12-31$4.03B-7.63%
2009-12-31$4.37B-2.42%
2008-12-31$4.47B18.89%
2007-12-31$3.76B22.92%
2006-12-31$3.06B13.57%
2005-12-31$2.70B2.16%
2004-12-31$2.64B9.73%
2003-12-31$2.40B6.80%
2002-12-31$2.25B17.41%
2001-12-31$1.92B24.65%
2000-12-31$1.54B44.94%
1999-12-31$1.06B-2.01%
1998-12-31$1.08B-6.00%
1997-12-31$1.15B90.30%
1996-12-31$605.45M13.65%
1995-12-31$532.73M54.24%
1994-12-31$345.39M10.03%
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

DateRevenueChange
2024-09-30$357.07M-69.14%
2024-06-30$1.16B6.38%
2024-03-31$1.09B-6.67%
2023-12-31$1.17B6.44%
2023-09-30$1.09B1.33%
2023-06-30$1.08B10.21%
2023-03-31$980.30M-5.65%
2022-12-31$1.04B19.03%
2022-09-30$872.88M-1.06%
2022-06-30$882.22M7.45%
2022-03-31$821.06M-10.70%
2021-12-31$919.46M6.16%
2021-09-30$866.12M-3.57%
2021-06-30$898.18M4.77%
2021-03-31$857.31M-12.99%
2020-12-31$985.31M6.60%
2020-09-30$924.30M-0.07%
2020-06-30$924.97M3.41%
2020-03-31$894.46M-16.26%
2019-12-31$1.07B7.19%
2019-09-30$996.54M0.65%
2019-06-30$990.08M11.24%
2019-03-31$890.05M-9.81%
2018-12-31$986.87M3.58%
2018-09-30$952.72M-2.10%
2018-06-30$973.13M5.78%
2018-03-31$919.95M-11.04%
2017-12-31$1.03B17.06%
2017-09-30$883.38M0.72%
2017-06-30$877.06M1.56%
2017-03-31$863.63M-19.64%
2016-12-31$1.07B13.92%
2016-09-30$943.33M-8.08%
2016-06-30$1.03B8.34%
2016-03-31$947.25M-26.44%
2015-12-31$1.29B17.44%
2015-09-30$1.10B-5.66%
2015-06-30$1.16B14.55%
2015-03-31$1.01B-26.55%
2014-12-31$1.38B14.73%
2014-09-30$1.20B-1.66%
2014-06-30$1.22B14.63%
2014-03-31$1.07B-23.12%
2013-12-31$1.39B13.05%
2013-09-30$1.23B-0.84%
2013-06-30$1.24B13.03%
2013-03-31$1.10B-17.44%
2012-12-31$1.33B13.92%
2012-09-30$1.17B-1.38%
2012-06-30$1.18B9.98%
2012-03-31$1.07B-15.05%
2011-12-31$1.27B12.80%
2011-09-30$1.12B-0.35%
2011-06-30$1.13B12.89%
2011-03-31$997.21M-12.55%
2010-12-31$1.14B17.36%
2010-09-30$971.68M1.10%
2010-06-30$961.10M0.23%
2010-03-31$958.91M-20.03%
2009-12-31$1.20B14.08%
2009-09-30$1.05B-3.61%
2009-06-30$1.09B6.41%
2009-03-31$1.02B-12.34%
2008-12-31$1.17B1.33%
2008-09-30$1.15B-0.35%
2008-06-30$1.16B16.54%
2008-03-31$993.32M-10.46%
2007-12-31$1.11B-

Flowserve generated $357.07M in revenue during Q3 2024, up -69.14% compared to the previous quarter, and up 33.05% compared to the same period a year ago.

Flowserve Revenue Breakdown


Flowserve Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Original Equipment$2.09B----
Aftermarket Equipment$2.23B----
FCD-$3.49M$2.92M$3.12M$3.63M
FPD-$4.51M$2.75M$1.97M$1.83M
Operating Segments----$5.46M
Intersegment Eliminations----$-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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Aftermarket Equipment$577.25M$590.52M$558.88M$1.67B$565.53M$522.43M--------------
Original Equipment$555.83M$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-------
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-

Flowserve's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Aftermarket Equipment (50.95%), and Original Equipment (49.05%).

Flowserve Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
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
Asia Pacific$739.51M----

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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19
Europe$206.20M$213.60M$207.36M$194.10M$206.06M---------------
Asia Pacific$198.41M$192.87M$182.74M$545.79M$193.72M$224.76M--------------
North America$447.69M$486.08M$439.47M$454.43M$428.77M---------------
Middle East And Africa$192.25M$185.28M$182.49M$172.50M$135.72M---------------
Latin America$88.54M$79.06M$75.42M$79.97M$72.86M---------------
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 Sep 24: North America (39.51%), Europe (18.20%), Asia Pacific (17.51%), Middle East And Africa (16.97%), and Latin America (7.81%).

Flowserve Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PHParker-Hannifin$19.93B$5.07B
IRIngersoll Rand$6.88B$1.86B
AMEAMETEK$6.60B$1.71B
FLSFlowserve$4.32B$357.07M
PNRPentair$4.10B$993.40M
DCIDonaldson Company$3.59B$927.90M
IEXIDEX$3.27B$798.20M
FELEFranklin Electric$2.07B$531.44M
WTSWatts Water$2.06B$543.60M
GRCGorman-Rupp Company$659.51M$168.18M
EPACEnerpac Tool Group$589.51M$150.39M

FLS Revenue FAQ


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.

Flowserve's quarterly revenue for Q3 2024 was $357.07M, a -69.14% decrease from the previous quarter (Q2 2024), and a -67.38% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $1.16B, a 6.38% increase from the previous quarter (Q1 2024), and a 7.08% increase year-over-year (Q2 2023). FLS'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).

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%.

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

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.