Assay

Financial-condition grades for SEC filers

Company Report · as of Oct 9, 2026


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Flowserve Corp.FLS · manufacturing
GradeElkBsecond fifth of 255 graded peers; percentile 28.7, sampling error 3.0 points; lower is stronger
Rank74 of 255
ProfitabilityCpercentile 45.1
SolvencyCpercentile 49.8
Growth and financingBpercentile 30.7
Reliability0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025
Peer failure rate0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025
Size bandover $2.67B assetstotal assets $5.7B[1]
Standard universeinsiderevenue above $1M and assets above $10M[1-2]
Warningsnone activenot computable: short runway, distress
Inputs computable11 of 14
Graded fromfilings received through Feb 17, 2026234 days before the rescan; every figure keyed to the SEC receipt date
Last close$69.672026-10-08; market equity $8.9B; iex feed
Price used in gradeNone
Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history
$60$80NovDecJanFebMarAprMayJunJulAugSepOctB$69.65
ABCDE20132014201520162017201820192020202120222023202420252026

Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date.

Open this report as it stood on

Letter setLetterPercentileBand
Jan 21, 2012nonen/aQ5
Feb 21, 2013C/D60.8Q5
Mar 21, 2013C52.8Q5
Feb 21, 2014B/C43.1Q5
Mar 21, 2014C51.5Q5
Feb 21, 2015B33.9Q5
Feb 21, 2016D71.9Q5
Feb 21, 2017E94.3Q5
Mar 21, 2018C/D61.0Q5
Sep 21, 2018D64.4Q5
Feb 21, 2019E86.9Q5
Feb 21, 2020B/C39.1Q5
Mar 21, 2020C44.8Q5
Sep 21, 2020B/C42.4Q5
Nov 21, 2020C45.0Q5
Mar 21, 2021C/D60.1Q5
Apr 21, 2022C56.3Q5
Mar 21, 2023E92.4Q5
Feb 21, 2024D65.6Q5
Feb 21, 2025C/D62.3Q5
Mar 21, 2025B28.5Q5

Each date opens the report as it stood on that rescan.

Business, in the company's words. Opening of Item 1 of the 10-K received Feb 17, 2026; the document on sec.gov.

Unless the context otherwise indicates, references to "Flowserve," "the Company" and such words as "we," "our" and "us" include Flowserve Corporation and its subsidiaries. Flowserve's goal is to create extraordinary flow control solutions to make the world better for everyone. We are a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. We develop and manufacture precision-engineered flow control equipment integral to the movement, control and protection of the flow of materials in our customers’ critical processes.

The Fourteen Inputs [top]

Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.

InputPercentile, 0 to 100ValueSourcePeer medianPercentilePeersPeriod end
Profitability, sleeve percentile 45.1
Gross profitability27.7%[1,3]21.9%26.62752025-12-31
Return on invested capital9.6%[4-12]9.7%51.51002025-12-31
Accruals ratio(2.8%)[1,13-15](3.6%)56.43082025-12-31
Gross margin stability, five years2.0 pts[2-3,16-23]2.1 pts46.12292025-12-31
Solvency, sleeve percentile 49.8
Twelve-month failure probabilitynot computable0.04%
liabilities and a nearby cover-page share count are required at 2026-06-30
Altman Z double-primenot computable3.66
latest aligned inputs end 2014-12-31; latest annual assets end 2025-12-31
Net debt to EBITDA1.64x[4,7,9,24]1.78x46.71212025-12-31
Interest coverage5.14x[4,25]5.09x46.0642025-12-31
Current ratio2.03x[26-27]2.25x56.83252025-12-31
Growth and financing, sleeve percentile 30.7
Revenue growth, three-year compound9.4%[2,17,19,21]2.1%24.62692025-12-31
Free cash flow growth, three-year compoundnot computable13.9%
current FCF must be positive and base FCF must exceed $100,000
Reinvestment rate28.4%[4-6,24,26-30]26.4%47.81392025-12-31
Asset growth, three years6.0%[1,15,31-32]4.4%38.52792025-12-31
Net share issuance, one year(3.4%)[33-34]0.01%12.02432026-02-12

Gross profitability. Revenue less cost of goods sold, over total assets.

Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.

Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.

Twelve-month failure probability. CHS model; lower is stronger.

Net debt to EBITDA. Lower is stronger.

Net share issuance, one year. Split-adjusted; lower is stronger.

Sleeves are equal-weighted; within a sleeve each computable input carries equal weight. Composite -0.175; sampling error 3.0 percentile points on 255 peers.

Among 255 Peers [top]

ABCDELRCX, LAM Research Corp.; A, percentile 8.3; market equity $401.2B; warnings: fortress balance sheetLRCXPH, Parker-Hannifin Corp.; B, percentile 36.6; market equity $119.4BPHCAT, Caterpillar Inc.; C, percentile 51.2; market equity $366.0BCATGLW, Corning Inc.; C/D, percentile 60.2; market equity $131.6BGLWETN, Eaton Corp. plc; D, percentile 69.7; market equity $164.9BETNRTX, RTX Corp.; D, percentile 74.8; market equity $248.4BRTXFLS 28.7strongerweaker

Composite score of every graded peer, smoothed. Vertical rules are the letter band edges at the 20th, 40th, 60th and 80th percentiles. Small dots are the six largest peers by market equity.

RankCompanyPercentileLetterWarnings
69Zurn Elkay Water Solutions Corp. (ZWS)

Zurn Elkay Water Solutions Corp. (ZWS)

Bsecond fifth; percentile 26.8

NYSE · General Industrial Machinery & Equipment

market equity $7.7B; last close $46.29

No active warnings; 10 of 14 inputs

26.8B
70Carlisle Companies Inc. (CSL)

Carlisle Companies Inc. (CSL)

Bsecond fifth; percentile 27.2

NYSE · Fabricated Rubber Products, NEC

market equity $12.8B; last close $321.33

No active warnings; 11 of 14 inputs

27.2B
71CRH Public Ltd. Co. (CRH)

CRH Public Ltd. Co. (CRH)

Bsecond fifth; percentile 27.6

NYSE · Cement, Hydraulic

market equity $54.5B; last close $81.88

No active warnings; 8 of 14 inputs

27.6B
72Janus International Group, Inc. (JBI)

Janus International Group, Inc. (JBI)

Bsecond fifth; percentile 28.0

NYSE · Metal Doors, Sash, Frames, Moldings & Trim

market equity $578.5M; last close $4.24

No active warnings; 10 of 14 inputs

28.0B
73Cricut, Inc. (CRCT)

Cricut, Inc. (CRCT)

Bsecond fifth; percentile 28.3

Nasdaq · Special Industry Machinery, NEC

market equity $1.3B; last close $6.39

No active warnings; 10 of 14 inputs

28.3B
74Flowserve Corp. (FLS)

Flowserve Corp. (FLS)

Bsecond fifth; percentile 28.7

NYSE · Pumps & Pumping Equipment

market equity $8.9B; last close $69.67

No active warnings; 11 of 14 inputs

28.7B
75Twin Disc Inc. (TWIN)

Twin Disc Inc. (TWIN)

Bsecond fifth; percentile 29.1

Nasdaq · General Industrial Machinery & Equipment

market equity $378.3M; last close $26.25

No active warnings; 9 of 14 inputs

29.1B
76Smith & Wesson Brands, Inc. (SWBI)

Smith & Wesson Brands, Inc. (SWBI)

Bsecond fifth; percentile 29.5

Nasdaq · Ordnance & Accessories, (No Vehicles/Guided Missiles)

market equity $641.7M; last close $14.32

No active warnings; 8 of 14 inputs

29.5B
77Mueller Industries Inc. (MLI)

Mueller Industries Inc. (MLI)

Bsecond fifth; percentile 29.9

NYSE · Rolling Drawing & Extruding of Nonferrous Metals

market equity $13.4B; last close $60.52

Warnings: fortress balance sheet; 9 of 14 inputs

29.9Bfortress balance sheet
78Core Molding Technologies Inc. (CMT)

Core Molding Technologies Inc. (CMT)

Bsecond fifth; percentile 30.3

NYSE · Plastics Products, NEC

market equity $203.6M; last close $23.11

Warnings: fortress balance sheet; 12 of 14 inputs

30.3Bfortress balance sheet
79Powell Industries Inc. (POWL)

Powell Industries Inc. (POWL)

Bsecond fifth; percentile 30.7

Nasdaq · Switchgear & Switchboard Apparatus

market equity $6.9B; last close $189.18

Warnings: fortress balance sheet; 10 of 14 inputs

30.7Bfortress balance sheet
Peer policyLetterPercentilePeers
all graded filers, equal sleevesB28.22204
sector peers, equal sleeves (the grade)B28.7255
same exchange, equal sleevesB24.8984
sector peers, equal inputsB26.4255

Each letter is one fifth of the 255 graded peers, about 51 companies. A boundary letter (A/B, B/C, C/D, D/E) marks a percentile within one sampling error of a band edge.

What the Price Implies [top]

Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.

MeasureValuePeer medianPercentileReading
Twelve-month price change, skipping the latest month49.7%13.7%78hotter than 78 of 100 peers
Distance from 52-week high(24.3%)(24.3%)50closer to its high than 50 of 100 peers
EBIT to enterprise value4.1%4.1%51pricier than 49 of 100 peers
Free cash flow yield4.9%3.4%64pricier than 36 of 100 peers
Book value to price0.260.3436pricier than 64 of 100 peers
Sales to price0.530.5448pricier than 52 of 100 peers
Composite equity issuance, five years(13.4%)(9.5%)36more equity-funded than 36 of 100 peers
Relative strength against the sector, log excess return0.27(0.00)78ahead of 78 of 100 peers

Inputs: market equity $8.9B; EBIT $399.9M; free cash flow $435.0M; book equity $2.3B; sales $4.7B; debt $1.6B; cash $760.2M[35].

Diagnostics [top]

Diagnostics do not feed the grade.

Piotroski F-score: 8 of 9, period end 2025-12-31
Return on assets above zero6.3%✓ pass[13,15]
Operating cash flow above zero$505.9M✓ pass[14]
Return on assets improved0.8 pts✓ pass[13,15,31,36]
Operating cash flow exceeds net income$159.6M✓ pass[13-14]
Long-term leverage fell(0.3 pts)✓ pass[1,15,31,37-38]
Current ratio improved4.8 pts✓ pass[26-27,29-30]
No new shares issued(3.4%)✓ pass[33-34]
Gross margin improved2.0 pts✓ pass[2-3,16-17]
Asset turnover improved(3.2 pts)✗ fail[2,15,17,31]
Cash, filings, liquidity
Cash and equivalentsn/a
Operating cash flow, four quartersn/a[14,39-42]
Months of runwaynot finite
cash is missing at the end of the latest cash-flow quarter
Late filings, two years0
NT 10-K or NT 10-Q
Days since last periodic filing72
10-Q received Jul 29, 2026
Median daily dollar volume$118.9M
63 sessions
Days since newest grade input234

Downloads [top]

Sources [top]

Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.

#ConceptXBRL tagValuePeriod endReceivedFormLinks
1assetsus-gaap:Assets$5.7B2025-12-312026-02-1710-Kfiling · viewer · series
2revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.7B2025-12-312026-02-1710-Kfiling · viewer · series
3gross profitus-gaap:GrossProfit$1.6B2025-12-312026-02-1710-Kfiling · viewer · series
4operating incomeus-gaap:OperatingIncomeLoss$399.9M2025-12-312026-02-1710-Kfiling · viewer · series
5pretax incomeus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments$525.4M2025-12-312026-02-1710-Kfiling · viewer · series
6income taxus-gaap:IncomeTaxExpenseBenefit$155.6M2025-12-312026-02-1710-Kfiling · viewer · series
7total debtus-gaap:LongTermDebt$1.6B2025-12-312026-02-1710-Kfiling · viewer · series
8book equityus-gaap:StockholdersEquity$2.2B2025-12-312026-02-1710-Kfiling · viewer · series
9cashus-gaap:CashAndCashEquivalentsAtCarryingValue$760.2M2025-12-312026-02-1710-Kfiling · viewer · series
10total debtus-gaap:LongTermDebt$1.5B2024-12-312025-02-2610-Kfiling · viewer · series
11book equityus-gaap:StockholdersEquity$2.0B2024-12-312026-02-1710-Kfiling · viewer · series
12cashus-gaap:CashAndCashEquivalentsAtCarryingValue$675.4M2024-12-312026-02-1710-Kfiling · viewer · series
13net incomeus-gaap:NetIncomeLoss$346.2M2025-12-312026-02-1710-Kfiling · viewer · series
14operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$505.9M2025-12-312026-02-1710-Kfiling · viewer · series
15assetsus-gaap:Assets$5.5B2024-12-312026-02-1710-Kfiling · viewer · series
16gross profitus-gaap:GrossProfit$1.4B2024-12-312026-02-1710-Kfiling · viewer · series
17revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.6B2024-12-312026-02-1710-Kfiling · viewer · series
18gross profitus-gaap:GrossProfit$1.3B2023-12-312026-02-1710-Kfiling · viewer · series
19revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$4.3B2023-12-312026-02-1710-Kfiling · viewer · series
20gross profitus-gaap:GrossProfit$994.3M2022-12-312025-02-2610-Kfiling · viewer · series
21revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.6B2022-12-312025-02-2610-Kfiling · viewer · series
22gross profitus-gaap:GrossProfit$1.0B2021-12-312024-02-2010-Kfiling · viewer · series
23revenueus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax$3.5B2021-12-312024-02-2010-Kfiling · viewer · series
24depreciation amortizationus-gaap:DepreciationDepletionAndAmortization$95.5M2025-12-312026-02-1710-Kfiling · viewer · series
25interest expenseus-gaap:InterestExpense$77.7M2025-12-312026-02-1710-Kfiling · viewer · series
26current assetsus-gaap:AssetsCurrent$3.0B2025-12-312026-02-1710-Kfiling · viewer · series
27current liabilitiesus-gaap:LiabilitiesCurrent$1.5B2025-12-312026-02-1710-Kfiling · viewer · series
28capital expenditureus-gaap:PaymentsToAcquireProductiveAssets$70.9M2025-12-312026-02-1710-Kfiling · viewer · series
29current assetsus-gaap:AssetsCurrent$2.9B2024-12-312026-02-1710-Kfiling · viewer · series
30current liabilitiesus-gaap:LiabilitiesCurrent$1.5B2024-12-312026-02-1710-Kfiling · viewer · series
31assetsus-gaap:Assets$5.1B2023-12-312026-02-1710-Kfiling · viewer · series
32assetsus-gaap:Assets$4.8B2022-12-312025-02-2610-Kfiling · viewer · series
33shares outstandingdei:EntityCommonStockSharesOutstanding127,260,3292026-02-122026-02-1710-Kfiling · viewer · series
34shares outstandingdei:EntityCommonStockSharesOutstanding131,745,1772025-02-212025-02-2610-Kfiling · viewer · series
35shares outstandingdei:EntityCommonStockSharesOutstanding127,112,7802026-07-212026-07-2910-Qfiling · viewer · series
36net incomeus-gaap:NetIncomeLoss$282.8M2024-12-312026-02-1710-Kfiling · viewer · series
37long term debtus-gaap:LongTermDebtNoncurrent$1.5B2025-12-312026-02-1710-Kfiling · viewer · series
38long term debtus-gaap:LongTermDebtNoncurrent$1.5B2024-12-312026-02-1710-Kfiling · viewer · series
39operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$86.2M2026-06-302026-07-2910-Qfiling · viewer · series
40operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities-$43.1M2026-03-312026-04-2910-Qfiling · viewer · series
41operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$506.1M2025-09-302025-10-2810-Qfiling · viewer · series
42operating cash flowus-gaap:NetCashProvidedByUsedInOperatingActivities$104.2M2025-06-302026-07-2910-Qfiling · viewer · series

Limitations [top]

Grade boundary. Percentile 28.7 is 8.7 points from the nearest band edge; sampling error is 3.0 points.

Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.

Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.

Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.

Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.

Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.