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)

17K

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

President & Chief Executive Officer

Chief Financial Officer & Senior Vice President

Vice President, Chief Ethics & Compliance Officer

Chief Sales Officer & Senior Vice President

Secretary, Chief Legal Officer & Senior Vice President

President, Flow Control Division

President, Industrial Products Division

Director, Investor Relations

Vice President-Investor Relations & Treasurer

Vice President-Corporate & Marketing Communications

Board of Directors

Former Chief Executive Officer at Standex International Corp.

Chief Executive Officer at Secure Communication Systems, Inc.

Senior Vice President & Chief Financial Officer at Owens Corning

Former Director, President & Chief Executive Officer at Obsidian Energy Ltd.

Former Corporate Controller & Chief Accounting Officer at Cummins, Inc.

President & Chief Executive Officer at Flowserve Corp.

Chairman, President & Chief Executive Officer at Terex Corp.

Former Chief Marketing Officer at Dow Chemical Company

Former Vice President & Chief Financial Officer at GE Lighting

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. The firm 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. EdgePoint Investment Group 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 buy good, undervalued businesses and hold them until the market fully recognizes their potential. They sell a security for one of two reasons. First, 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. Second, there's a constant culling process whereby they continuously strive to upgrade the quality of their portfolios with better ideas. For fixed income investments, EdgePoint Investment Group 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. EdgePoint Investment Group can invest in all forms of corporate debt including senior secured bonds, subordinated debentures and convertibles. Sovereign governments, provincials and asset-backed securities are also available to them if the opportunity arises.

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, International Small Cap Value, High Yield, Gold, US Value, and Global Income Builder.

Details Hidden

Causeway Capital Management specializes in managing global, international, emerging market and absolute return equities. They use fundamental value equity and quantitative methods to manage their investment strategies. Their strategies include: international value equity, international value select, global value equity, emerging markets equity, international opportunities, international small-cap and global absolute return. In addition, Causeway Capital Management manages ADR model, socially responsible and concentrated versions of some of their strategies. In the global absolute return strategy, the firm also uses leverage and total return equity swap agreements to take long and short positions in equity securities. The firm may also directly sell securities short in the global absolute return strategy.

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 Ingersoll-Rand 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 Ingersoll-Rand 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

DowDuPont, Inc. operates as a holding company, which engages in the development of specialty materials, chemicals, and agricultural products. It operates through the following segments: Agriculture; Performance Materials & Coatings; Industrial Intermediates & Infrastructure; Packaging & Specialty Plastics; Electronics & Imaging; Nutrition & Biosciences; Transportation & Advanced Polymers; and Safety & Construction. The Agriculture segment focuses on seed and crop protection businesses. The Performance Materials & Coatings segment caters the uses silicones, acrylics, and cellulosics-based technology platforms. The Industrial Intermediates & Infrastructure segment includes construction chemicals, energy solutions, industrial solutions, and polyurethanes and chlor-alkali and vinyl. The Packaging & Specialty Plastics segment produces ethylene, polyolefin elastomers, and ethylene propylene diene monomer elastomers. The Electronics & Imaging segment supplies materials for consumer electronics. The Nutrition & Biosciences segment offers solutions for the food and beverage, pharma, personal care, energy, and animal nutrition markets. The Transportation & Advanced Polymers comprises of engineering resins, adhesives, lubricants and parts to engineers and designers in the transportation, electronics, medical, industrial, and consumer end-markets. The Safety & Construction segment includes engineered products and integrated systems for the construction, worker safety, energy, oil and gas, transportation, medical devices, and water purification and separation. The company is headquartered in Wilmington, DE.

BP Plc operates as an integrated oil and gas company. It operates through three segments: Upstream, Downstream and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, including liquefied natural gas, and power and natural gas liquids. It also owns and manages crude oil and natural gas pipelines; processing facilities and export terminals; and LNG processing facilities and transportation, as well as NGL extraction business. The Downstream segment refines, manufactures, markets, transports, supplies, and trades in crude oil, petroleum, and petrochemicals products and related services to wholesale and retail customers. It offers lubricants and related products under the Castrol, BP, and Aral brands to the automotive, industrial, marine, and energy markets; and petrochemicals products, such as purified terephthalic acid, paraxylene, acetic acid, olefins and derivatives, and specialty petrochemicals products. The Rosneft segment engages in the exploration and production of hydrocarbons in the United States, Canada, Vietnam, Venezuela, Brazil, Algeria, the United Arab Emirates, Turkmenistan, and Norway; and offers jet fuel, bunkering, bitumen, and lubricants. The firm also produces bioethanol, sugar, and biobutanol; exports power to the local grid; transports hydrocarbon products through shipping and chartering services. The company was founded by William Knox D'Arcy in 1908 and is headquartered in London, the United Kingdom.

General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through the following segments: Power, Oil & Gas, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital. The Power segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The Oil & Gas segment supplies mission critical equipment for the global oil and gas industry, used in applications spanning the entire value chain from drilling and completion through production, liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants. The Aviation segment products and services include jet engines, aerospace systems and equipment, replacement parts and repair and maintenance services for all categories of commercial aircraft; for a wide variety of military aircraft, including fighters, bombers, tankers and helicopters; for marine applications; and for executive and regional aircraft. The Healthcare segment products include diagnostic imaging systems such as magnetic resonance, computed tomography and positron emission Tomography scanners, X-ray, nuclear imaging, digital mammography and molecular imaging technologies. The Transportation segment engages in global technology and supplier to the railroad, mining, marine and drilling industries. The Appliances & Lighting segment products include major appliances and related services for products such as refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters. The GE Capital segment offers financial services and products worldwide for businesses of all sizes, services include commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. The company was founded by Thomas A. Edison in 1878 and is headquartered in Boston, MA.

Key Stats and Financials As of 2018
Market Capitalization
$6.28B
Total Enterprise Value
$5.87B
Earnings Per Share
$0.91
Revenue
$3.83B
Net Profit
$120M
EBITDA
$422M
EBITDAMargin
11.02%
Total Debt
$1.48B
Total Equity
$1.66B
Enterprise Value Sales
1.53x
Enterprise Value EBITDAOperating
13.91x
TEVNet Income
49.07x
Debt TEV
0.25x
Three Year Compounded Annual Growth Rate Of Revenue
-5.69%
Five Year Compounded Annual Growth Rate Of Revenue
-5.01%
Suppliers
Lakshmi Machine Works Ltd. Industrial Machinery & Manufacturing | Coimbatore, TN

Lakshmi Machine Works Ltd. engages in the manufacture and sale of textile spinning machinery. It operates through the following segments: Textile Machinery, Machine Tool & Foundry, 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 Metal Manufacturing & Products | Hefei, AN

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.

Appian Corp. Industrial Machinery & Manufacturing | Reston, VA

Appian Corp. provides business process management (BPM) solutions. Its BPM tools automate and measures business processes. The firm's products include BPM software, case management, mobile application development, and platform-as-a-service. The company was founded by Matt Calkins, Robert C. Kramer, Marc Wilson, and Michael Beckley in 1999 and is headquartered in Reston, VA.

Competitors
General Electric Company Power & Utilities - Boston, MA

General Electric Co. is a technology and financial services company that develops and manufactures products for the generation, transmission, distribution, control and utilization of electricity. Its products and services include aircraft engines, power generation, water processing, security technology, medical imaging, business and consumer financing, media content and industrial products. The company operates through the following segments: Power, Oil & Gas, Aviation, Healthcare, Transportation, Appliances & Lighting and GE Capital. The Power segment serves power generation, industrial, government and other customers worldwide with products and services related to energy production. The Oil & Gas segment supplies mission critical equipment for the global oil and gas industry, used in applications spanning the entire value chain from drilling and completion through production, liquefied natural gas and pipeline compression, pipeline inspection, and downstream processing in refineries and petrochemical plants. The Aviation segment products and services include jet engines, aerospace systems and equipment, replacement parts and repair and maintenance services for all categories of commercial aircraft; for a wide variety of military aircraft, including fighters, bombers, tankers and helicopters; for marine applications; and for executive and regional aircraft. The Healthcare segment products include diagnostic imaging systems such as magnetic resonance, computed tomography and positron emission Tomography scanners, X-ray, nuclear imaging, digital mammography and molecular imaging technologies. The Transportation segment engages in global technology and supplier to the railroad, mining, marine and drilling industries. The Appliances & Lighting segment products include major appliances and related services for products such as refrigerators, freezers, electric and gas ranges, cooktops, dishwashers, clothes washers and dryers, microwave ovens, room air conditioners, residential water systems for filtration, softening and heating, and hybrid water heaters. The GE Capital segment offers financial services and products worldwide for businesses of all sizes, services include commercial loans and leases, fleet management, financial programs, credit cards, personal loans and other financial services. The company was founded by Thomas A. Edison in 1878 and is headquartered in Boston, MA.

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

Emerson Electric Co. engages in the provision of measurement and analytical instrumentation; industrial valves & equipment; process control systems, tools & appliance solutions for customers in a range of industrial, commercial and consumer markets. It operates through the following business segments: Automation Solutions and Commercial & Residential Solutions. The Automation Solutions segment offers products; software and technology; and engineering, project management, consulting services and integrated manufacturing solutions for precision measurement, control, monitoring, asset optimization, and safety and reliability of oil and gas reservoirs, manufacturing operations, and plants that process or treats various items. 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 Commercial & Residential Solutions segment sells tools for professionals and homeowners and appliance solutions, such as food waste disposer, ceiling fans, lighting, sensing and protection devices. The company was founded by Charles Meston and Alexander Meston on September 24, 1890 and is headquartered in St. Louis, MO.

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..
  • be_ixf; php_sdk; php_sdk_1.4.15
  • https://relationshipscience.com/organization/flowserve-corp-1375
  • https://relationshipscience.com/organization/flowserve-corp-1375