Flowserve Corporation reported financial results for the fourth quarter and full year ended December 31, 2025.

Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, reported its financial results for the fourth quarter and full year ended December 31, 2025.

Q4 and FY 2025 Highlights:

Fourth quarter bookings of $1.2 billion, including 10% aftermarket growth to over $680 million

Fourth quarter operating margin of 3.5%, including one-time impact from asbestos divestiture, and adjusted1 operating margin2 of 16.8%

Fourth quarter reported and adjusted earnings per share (EPS)3 of ($0.23) and $1.11, respectively. Reported EPS includes adjusted net expense items of $1.34, comprised of the one-time impact from asbestos divestiture, among other items

Full year bookings of $4.7 billion, including approximately $400 million in nuclear awards

Full year cash from operations of $506 million driven by strong earnings and working capital management, with $365 million of cash returned to shareholders through dividends and share repurchases

2026 and Strategic Highlights:

Announced acquisition of Trillium Flow Technologies' Valves Division4

Initiated full year 2026 guidance3, including total sales growth of 5% to 7% and adjusted EPS of $4.00 to $4.20, which at the midpoint, represents a 13% increase versus full year 2025 adjusted EPS3

Established 2030 financial targets including mid-single digit organic sales CAGR, ~20% adjusted operating margin, and double digit adjusted EPS CAGR

Management Commentary:

"We delivered outstanding financial results in the fourth quarter and for the full year 2025," said Scott Rowe, Flowserve's President and Chief Executive Officer. "I am incredibly proud of our global team's dedication and strong execution of the Flowserve Business System, which has been instrumental in reaching our 2027 adjusted operating margin target two years ahead of schedule."

Rowe continued, "With healthy end markets, a focus on expanding power generation opportunities, and the continued progress of the Flowserve Business System, we are confident in our 2026 guidance and updated long-term financial targets. We have significant operational momentum and are executing with discipline to drive greater value for our associates, customers, and shareholders."

Acquisition of Trillium Flow Technologies' Valves Division4:

In a separate press release issued today, the Company also announced it had signed a definitive agreement to acquire Trillium Flow Technologies' Valves Division, a market leading provider of highly engineered mission-critical valves and actuators used in nuclear, traditional power, industrial, and critical infrastructure applications. 

2026 Guidance:

Full-year 2026 guidance assumes the acquisition of Trillium Flow Technologies' Valves Division closes mid-year 2026 and, including incremental interest expense related to financing the acquisition, the acquisition will be roughly neutral to 2026 adjusted EPS. The guidance also assumes tariff rates in place as of February 1, 2026.

http://www.datamonitor.com
Republication or redistribution, including by framing or similar means,
is expressly prohibited without prior written consent. Datamonitor shall 
not be liable for errors or delays in the content, or for any actions 
taken in reliance thereon
COMTEX_474688250/2227/2026-03-05T03:21:32