FLS (Flowserve) ROCE % : 10.40% (As of Sep. 2024)

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What is Flowserve ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Flowserve's annualized ROCE % for the quarter that ended in Sep. 2024 was 10.40%.

Flowserve ROCE % Historical Data

The historical data trend for Flowserve's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Flowserve ROCE % Chart

Flowserve Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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10.26

6.47

4.91

5.60

8.05

Flowserve Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															6.44	9.64	12.35	12.61	10.40

Flowserve ROCE % Calculation

Flowserve's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	290.674	/	( ( (4790.634 - 1243.151)	+	(5108.719 - 1438.576) )	/ 2 )
	=	290.674	/	( (3547.483	+	3670.143)	/ 2 )
	=	290.674	/	3608.813
	=	8.05 %

Flowserve's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	394.7	/	( ( (5164.484 - 1406.34)	+	(5274.558 - 1440.366) )	/ 2 )
	=	394.7	/	( ( 3758.144	+	3834.192 )	/ 2 )
	=	394.7	/	3796.168
	=	10.40 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

Flowserve (NYSE:FLS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Flowserve ROCE % Related Terms

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Flowserve Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flowserve Corp (NYSE:FLS) » Definitions » ROCE %

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Traded in Other Exchanges

0IQE:UK FWV:Germany FWV:Germany F1LS34:Brazil

Address

5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039

Website

https://www.flowserve.com

Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, diagnostics, repair, and retrofitting. Sales are roughly split across many regions, with North America and Europe contributing the majority of total revenue.

Executives

Robert Scott Rowe	officer: President & CEO	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Kirk Wilson	officer: President, AMSS	5215 NORTH O'CONNOR BLVD #2300, IRVING TX 75039
Thomas B Okray	director	5008 AIRPORT ROAD NW, ROANOKE VA 24012
Kenneth I Siegel	director	667 MADISON AVENUE, NEW YORK NY 10065
Susan Claire Hudson	officer: Chief Legal Officer	5215 N O CONNOR BLVD, # 700, IRVING TX 75039
Lamar L. Duhon	officer: President, AMSS	5215 N. O'CONNOR BLVD., SUITE 700, IRVING TX 75039
Tamara Morytko	officer: President, FPD	1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carlyn R. Taylor	director	5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Scott K Vopni	officer: Chief Accounting Officer	2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Sanjay Chowbey	officer: President, AMSS	525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Amy B Schwetz	officer: Chief Financial Officer	701 MARKET STREET, ST. LOUIS MO 63101
Sujeet Chand	director	ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Lanesha Minnix	officer: SVP, Chief Legal Officer	TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
John Lenander	officer: President, FCO	5215 NORTH O'CONNOR BLVD SUITE 2300, IRVING TX 75039
Garrison John L Jr	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880