Flowserve Corp.

Flowserve Corp.

Flowserve Corp.

Overview
Date Founded

1790

Headquarters

5215 North O'Connor Boulevard,Suite 2300,Irving, TX 75039

Type of Company

Public

Employees (Worldwide)

16K

Industries

Electrical Products
Wholesale: Industrial Products & Manufacturing
Other Business & Consulting Services
Metal Manufacturing & Products
Industrial Machinery & Manufacturing
Computer Software

Company Description

Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in 56 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services.

Contact Data
Trying to get in touch with decision makers at Flowserve Corp.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Director, President & Chief Executive Officer

Senior Vice President & Chief Financial Officer

Senior Vice President & Chief Sales Officer

Senior Vice President & Chief Human Resources Officer

Senior Vice President & Chief Legal Officer

Vice President & Chief Accounting Officer

President, Flow Control Division

Director, Investor Relations

Principal Accounting Officer, Vice President, Treasurer & Investor Relations

Vice President-Corporate & Marketing Communications

Board of Directors

Former Chief Executive Officer at Standex International Corp.

Chief Executive Officer at Gavilan Resources LLC

Former Chief Executive Officer at Benchmark Electronics, Inc.

Former Chief Marketing Officer at Dow Chemical Company

Senior Vice President, Advanced Technology & Chief Technology Officer at Rockwell Automation, Inc.

Director, President & Chief Executive Officer at Flowserve Corp.

Chairperson at FTI Capital Advisors LLC

Chairman, President & Chief Executive Officer at Terex Corp.

Executive Vice President & Chief Financial Officer at Lyondellbasell Industries, Inc.

Paths to Flowserve Corp.
Potential Connections via
Relationship Science
You
Flowserve Corp.
Owners & Shareholders
Details Hidden

EdgePoint Investment Group seeks to buy growth companies at value prices and makes long-term investments viewing stock as an ownership interest in a company and seeking to acquire these ownership stakes at prices below their assessment of their true worth. The firm focuses on companies with strong competitive positions, defendable barriers to entry and long-term growth prospects that are run by competent management teams. These holdings generally reflect their views looking out more than five years. EdgePoint Investment Group buys good, undervalued businesses and holds them until the market fully recognizes their potential. They sell a security for one of two reasons: (1) if their thesis about the company is deemed no longer valid. If the firm can no longer stand behind their thesis, they can no longer stand behind an ownership interest in the business and the position is sold; and (2) there's a constant culling process whereby they continuously strive to upgrade the quality of their portfolios with better ideas. For fixed income investments, the firm looks for securities that provide an attractive return through coupon payments and/or capital appreciation while focusing on the borrower's (or bond issuer's) ability to meet its debt obligations through the payment of periodic coupons and the return of the original principal at maturity.

Details Hidden

FEIM is a global, value-oriented investment manager that seeks to produce consistent absolute returns over the long-term without regard for industry benchmarks. They construct well-diversified portfolios through cautious security selection with an emphasis on risk aversion. FEIM focuses on investments with a substantial margin of safety, healthy balance sheets and clear business models. They employ bottom-up security analysis that is independent of broad market conditions or industry trends and focuses on downside protection. FEIM currently manages the following primary investment strategies: Global Value and International Value, High Yield, Gold, US Value, and Global Income Builder.

Details Hidden

Since 1967, Beutel Goodman has specialized in applying a value approach to the management of domestic and global equity, balanced and fixed income mandates for institutional and individual investors. Cash flow analysis forms the foundation for both equity and fixed income analysis and valuation. For the fixed income side strong free cash flows facilitates debt repayment and safety of principal. For the equity side strong free cash flows provide the financial flexibility to support organic growth and profitability, make strategic acquisitions, buy back shares and pay dividends. Beutel Goodman's in-depth, and bottom up investment style leads to investments in strong companies with less cyclicality for fixed income mandates and more value upside for equity mandates.

Recent Transactions
Details Hidden

OMB Valves SpA purchases Vogt Valves from Flowserve Corp.

Details Hidden

Spirax-Sarco Engineering Plc purchases Gestra AG from Flowserve Corp.

Details Hidden

Flowserve Corp. purchases Sterling SIHI (Netherlands) BV from TBG Europe NV

Insider Transactions
Details Hidden
Transaction Advisors
Accountant

Advised onFlowserve Corp. purchases Ingersoll Dresser Pumps Business from Trane Technologies Plc

Accountant

Advised onFlowserve Corp. purchases Invensys Plc /Flow Control Division from Invensys Ltd.

Investment Advisor

Advised onFlowserve Corp. purchases Ingersoll Dresser Pumps Business from Trane Technologies Plc

Associate

Advised onFlowserve Corp. purchases Innovative Mag-Drive LLC

Legal Advisor

Advised onSpirax-Sarco Engineering Plc purchases Gestra AG from Flowserve Corp.

Associate

Advised onSpirax-Sarco Engineering Plc purchases Gestra AG from Flowserve Corp.

Advisors & Consultants
Legal Advisor

Partner at Cravath, Swaine & Moore LLP

Legal Advisor

Co-Chair, Capital Markets & Securities Practice Group at Haynes and Boone LLP

Legal Advisor

Partner at Haynes and Boone LLP

Clients

Pfizer Inc. engages in the discovery, development, and manufacture of healthcare products specializes in medicines, vaccine, and consumer healthcare. It operates through the Pfizer Innovative Health (IH) and Pfizer Essential Health (EH) segments. The IH segment focuses on the development and commercializing medicines and vaccines for internal medicine, oncology, inflammation and immunology, rate disease, and consumer healthcare. The EH segment is involved in development and supply of branded generics, generic sterile injectable products, biosimilars, and select branded products including anti-infectives. The company was founded by Charles Pfizer Sr. and Charles Erhart in 1849 and is headquartered in New York, NY.

MRC Global is the largest global industrial distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry based on sales, and we hold the leading position in our industry across each of the upstream (exploration, production and extraction of underground oil and natural gas), midstream (gathering and transmission of oil and natural gas, natural gas utilities and the storage and distribution of oil and natural gas) and downstream (petrochemical processing, crude oil refining and general industrials) sectors. We offer more than 150,000 stock keeping units, including an extensive array of PVF, oilfield supply, automation, instrumentation and other general and specialty industry supply products. Through our North American and International segments we serve our more than 12,000 active customers through over 410 service locations throughout North America, Europe, Asia and Australia.

NOW, Inc. is a holding company, which engages in the distribution of energy products for industrial applications. It operates through the following segments: United States, Canada, and International. The United States segment serves the upstream, midstream and downstream energy, and industrial markets. The Canada segment covers energy exploration, production, drilling, and midstream business. The International segment represents the energy exploration, production, and drilling business. The company was founded on November 22, 2013 and is headquartered in Houston, TX.

Key Stats and Financials As of 2020
Market Capitalization
$5.56B
Total Enterprise Value
$5.7B
Earnings Per Share
$0.89
Revenue
$3.73B
EBITDAMargin
12.33%
Enterprise Value / Sales
1.53x
Enterprise Value EBITDAOperating
11.95x
TEVNet Income
49.02x
Debt TEV
0.34x
Net Profit
$116M
EBITDA
$460M
Total Equity
$1.76B
Total Debt
$1.94B
Three Year Compounded Annual Growth Rate Of Revenue
0.61%
Non-Profit Donations & Grants
Suppliers
Lakshmi Machine Works Ltd. Industrial Machinery & Manufacturing | Coimbatore, Ind

Lakshmi Machine Works Ltd. engages in the manufacture and sale of textile spinning machinery. It operates through the following segments: Textile Machinery Division, Machine Tool and Foundry Division, and Advance Technology Centre. The Advance Technology Centre segment specializes in the manufacture and supply of high precision parts and components required for the aerospace industry. The company was founded on September 14, 1962 and is headquartered in Coimbatore, India.

Anhui Yingliu Group Industrial Machinery & Manufacturing | Hefei, China

Anhui Yingliu Electromechanical Co., Ltd. engages in the research and development, manufacture, and sale of steel casted and machined components for industrial applications. Its products are used in petroleum and natural gas; electric power generation; mining machinery devices; construction machinery equipment; chemical, refrigeration, and environment flow-control equipment; medical equipment;, and railroad, ship, and other transport equipment industry. The company was founded on August 4, 2000 is headquartered in Hefei, China.

Adesto Technologies Corp. IT Consulting & Services | Santa Clara, CA

Adesto Technologies Corp. engages in the development, manufacture, and market of non-volatile memory products. It offers DataFlash, Fusion Serial Flash, Standard Serial Flash, EcoXiP, Mavriq and Moneta. The company was founded by Narbeh Derhacobian, Ishai Naveh, and Shane Hollmer in January 2006 and is headquartered in Santa Clara, CA.

Competitors
Emerson Electric Co. Industrial Machinery & Manufacturing - St Louis, MO

Emerson Electric Co. is a global technology and engineering company, which provides innovative solutions for customers in industrial, commercial and residential markets. It operates through the following business segments: Automation Solutions; Climate Technologies; and Tools and Home Products. The Automation Solutions segment offers products, integrated solutions, software and services which enable process, hybrid and discrete manufacturers to maximize production, protect personnel and the environment, reduce project costs, and optimize their energy efficiency and operating costs. The Climate Technologies segment provides products and services for many areas of the climate control industry, including residential heating and cooling, commercial air conditioning, and commercial and industrial refrigeration. The Tools and Home Products segment provides tools for professionals and homeowners and appliance solutions. The company was founded by Charles Meston and Alexander Meston on September 24, 1890 and is headquartered in St. Louis, MO.

Baker Hughes Co. Oil & Gas - Houston, Texas

Baker Hughes Co. is a holding company. The firm engages in the provision of oilfield products, services, and digital solutions. It operates through the following segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS) and Digital Solutions (DS). The OFS segment provides products and services for on and offshore operations across the lifecycle of a well, ranging from drilling, evaluation, completion, production, and intervention. The OFE segment provides a broad portfolio of products and services required to facilitate the safe and reliable flow of hydrocarbons from the subsea wellhead to the surface production facilities. The TPS segment provides equipment and related services for mechanical-drive, compression and power-generation applications. The DS segment provides operating technologies helping to improve the health, productivity, and safety of asset intensive industries and enable the Industrial Internet of Things. The company was founded in April, 1987 and is headquartered in Houston, TX.

Schlumberger Ltd. Oil & Gas - Houston, TX

Corporate profile: Schlumberger Knowledge, technical innovation and teamwork are at the center of who we are. For more than 80 years, we have focused on leveraging these assets to deliver solutions that improve customer performance. Today, our real-time technology services and solutions enable customers to translate acquired data into useful information, then transform this information into knowledge for improved decision making-anytime, anywhere. Harnessing information technology in this way offers enormous opportunities to enhance efficiency and productivity. This is a quantum leap from providing traditional 'just-in-case' information to delivering 'just-in-time' knowledge that meets the changing needs of our customers

Awards & Honors
Rank #539
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Flowserve Corp.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Flowserve Corp.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Flowserve Corp..