Flowserve Corp Stock Price, News & Analysis

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services, has declared a quarterly cash dividend of $0.21 per share on its outstanding common stock. The dividend will be paid on October 10, 2025, to shareholders of record as of September 26, 2025.

As a global provider of fluid motion and control products operating in over 50 countries, Flowserve manufactures engineered and industrial pumps, seals, and valves. While the company intends to maintain regular quarterly dividends, future payments will be subject to Board approval and review.

Flowserve (NYSE:FLS) has rescheduled its second quarter 2025 earnings conference call to Wednesday, July 30, at 11:00 a.m. Eastern Time. The call was previously set for Thursday, July 31, at 10:00 a.m. Eastern Time. The company has released its second quarter earnings, and investors can access the earnings materials and conference call webcast through Flowserve's Investors webpage.

Flowserve Corporation (NYSE: FLS) reported strong Q2 2025 results, with solid bookings of $1.1 billion, including $621 million in aftermarket bookings. The company achieved significant margin improvements, with adjusted operating margin expanding 210 basis points to 14.6%. Q2 adjusted EPS reached $0.91, up 24.7% year-over-year.

Following these results, Flowserve increased its full-year 2025 adjusted EPS guidance to $3.25-$3.40, representing over 25% growth at the midpoint versus last year. The company also announced the termination of its merger agreement with Chart Industries, receiving a $266 million termination payment after Chart received a superior proposal from Baker Hughes.

Key financial metrics include $154.1 million in operating cash flow and a backlog of $2.85 billion, up 6.3% year-over-year. The company maintains its organic sales growth guidance of 3-4% for 2025.

Flowserve Corporation (NYSE: FLS) has announced the termination of its previously announced merger agreement with Chart Industries (NYSE: GTLS). The termination comes after Chart received a superior proposal from Baker Hughes (NASDAQ: BKR). As per the merger agreement terms, Flowserve will receive a $266 million termination payment.

CEO Scott Rowe emphasized the company's strong position, highlighting their successful execution of the 3D growth strategy—Diversify, Decarbonize, and Digitize. The company remains focused on generating strong free cash flow and investing in innovation while maintaining financial discipline. The Flowserve Business System continues to enhance productivity, expand margins, and accelerate decision-making.

Flowserve (NYSE:FLS), a leading flow control products and services provider for global infrastructure markets, has scheduled its Q2 2025 earnings release for Wednesday, July 30, after the NYSE market close. The company will hold a conference call to discuss the results on Thursday, July 31, at 10:00 a.m. Eastern Time.

Shareholders and interested parties can access the earnings materials and conference call webcast through Flowserve's Investors webpage.

Chart Industries and Flowserve Corporation announced a merger of equals in an all-stock transaction, creating a combined company with an enterprise value of approximately $19 billion. Under the agreement, Chart shareholders will receive 3.165 shares of Flowserve stock for each Chart share, resulting in Chart shareholders owning 53.5% and Flowserve shareholders owning 46.5% of the combined entity. The merged company will generate approximately $8.8 billion in revenue, including $3.7 billion from aftermarket services. The combination is expected to yield $300 million in annual cost synergies within three years and revenue synergies representing 2% growth. The new entity will maintain an investment-grade balance sheet with a 2.0x leverage ratio and continue Flowserve's dividend policy. The merger is anticipated to close in Q4 2025, with Jill Evanko serving as Board Chair and Scott Rowe as CEO.

Flowserve (NYSE: FLS) held its 2025 Annual Meeting of Shareholders where shareholders re-elected nine directors and added a new board member, Ross B. Shuster. After 13 years of service, David E. Roberts stepped down, with John L. Garrison assuming the role of Independent Chairman. Shareholders approved key proposals including executive compensation (98.3% in favor) and the appointment of PricewaterhouseCoopers LLP as the independent auditor.

Additionally, the Board declared a quarterly cash dividend of $0.21 per share, payable on July 11, 2025, to shareholders of record as of June 27, 2025. The company intends to maintain regular quarterly dividends, subject to Board review and approval.

Flowserve Corporation (NYSE: FLS) has published its 2024 ESG Report titled "The Power of Purpose". The report demonstrates how the company's Flowserve Business System operational framework is advancing its ESG initiatives across Climate, Culture, and Core Responsibility areas. The document also highlights how the company's 3D growth strategy (decarbonization, diversification, and digitization) saw increased bookings in 2024, supporting both enterprise and sustainability goals for customers.

The report showcases Flowserve's product and manufacturing innovations, workforce achievements, and global community impact initiatives. The full report can be accessed on Flowserve's website.

Flowserve reported strong Q1 2025 results with bookings reaching $1.2 billion, including record aftermarket bookings of $690 million. The company's performance showed notable improvements with gross margin expanding to 32.3% and adjusted gross margin reaching 33.5%, up 110 and 180 basis points respectively year-over-year.

Key financial highlights include:

• Operating income of $132 million, up 17%
• Adjusted operating income of $147 million, up 24%
• Earnings per share of $0.56
• Adjusted EPS of $0.72, up 24.1%

The company's Power division saw bookings increase by over 45% year-over-year, with nuclear awards exceeding $100 million for the third consecutive quarter. Despite rising global uncertainty due to tariffs, Flowserve maintained its full-year 2025 guidance, projecting adjusted EPS of $3.10 to $3.30 and organic sales growth of 3% to 5%.