FLOWSERVE CORP

Flowserve Corporation (NYSE: FLS) operates as a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. The company develops and manufactures precision-engineered flow control equipment integral to the movement, control and protection of materials in customers' critical processes. Its website is www.flowserve.com.

The company operates through two primary business segments. The Flowserve Pumps Division designs, manufactures, and services highly custom engineered pumps, mechanical seals, and auxiliary systems, representing the larger segment with approximately 9,000 employees. The Flow Control Division designs and manufactures isolation valves, control valves, valve automation products, and related services, employing approximately 4,000 people. The remaining 3,000 employees support core business functions including legal, human resources, information technology, and finance.

Flowserve serves over 10,000 customers across global infrastructure industries including energy, chemical, power generation, and general industries encompassing water management and pharmaceuticals. The company's total bookings reached $4.7 billion in 2025, with revenue distributed across general industries at 34 percent, energy at 33 percent, chemical at 19 percent, and power generation at 14 percent. The company maintains a global footprint with approximately 16,000 associates operating across more than 48 countries, including 37 manufacturing facilities and 126 Quick Response Centers for aftermarket services.

Flowserve's product portfolio includes approximately 165 active pump models and 175 mechanical seal models sold under globally recognized brands including Worthington, SIHI, Durco, Innomag, Valtek, Argus, Worcester, and Limitorque. The company traces its heritage back over 230 years, with the current corporation formed in 1997 through the merger of BW/IP and Durco International.

The company pursues a strategic three-dimensional approach focusing on diversification, decarbonization, and digitization. This strategy emphasizes expanding into emerging markets like nuclear and renewable energy, supporting customers through energy transitions, and leveraging proprietary technology including RedRaven, its Industrial Internet of Things solution for equipment monitoring. Flowserve's competitive advantages rest on its extensive product range, large installed base, strong customer relationships, quality engineering solutions, and ability to deliver engineered products rapidly.