FLOWSERVE CORP Earnings Per Share Disclosure
| Year Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (Amounts in thousands, except per share data) | |||||||||||||||||
| Net earnings of Flowserve Corporation | $ | 346,247 | $ | 282,759 | $ | 186,743 | |||||||||||
| Earnings attributable to common and participating shareholders | $ | 346,247 | $ | 282,759 | $ | 186,743 | |||||||||||
| Weighted average shares: | |||||||||||||||||
| Common stock | 129,976 | 131,450 | 131,074 | ||||||||||||||
| Participating securities | 29 | 38 | 43 | ||||||||||||||
| Denominator for basic earnings per common share | 130,005 | 131,488 | 131,117 | ||||||||||||||
| Effect of potentially dilutive securities | 974 | 868 | 814 | ||||||||||||||
| Denominator for diluted earnings per common share | 130,979 | 132,356 | 131,931 | ||||||||||||||
| Net earnings per share attributable to Flowserve Corporation common shareholders: | |||||||||||||||||
| Basic | $ | 2.66 | $ | 2.15 | $ | 1.42 | |||||||||||
| Diluted | 2.64 | 2.14 | 1.42 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 17, 2026 | Showing above |
| 2024 | Feb 26, 2025 | |
| 2023 | Feb 20, 2024 | |
| 2022 | Mar 7, 2023 | |
| 2021 | Feb 23, 2022 | |
| 2020 | Feb 23, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.