Flowserve Corp.
FLSHIGH VELOCITYFILING INTENSITYFlowserve Corp. reads as an High Velocity (composite 78/100); Consistent Strategic Buyer deploying $372M across 3 disclosed transactions, newly disclosed vs the prior cycle · primary market Machinery & Automation.
Lens
Disclosed M&A capital (2023–2025)
$372M
vs N/A in 2020–2022
Disclosed transactions
3
2/3 active fiscal years in window
Buyer archetype
Consistent Strategic Buyer
Meaningful spend appears across repeat years.
Composite score
78
High Velocity dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $1.1B disclosed buyer spend
- Filed within 20d
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 20d
- 9 acquisition-history signals
- 246 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 26 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 26 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 26 activism filings
- Latest activism 14y ago; heavily discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 26 activism filings
Restatement Risk
Issuers with accounting-integrity flags from filings
- 1 non-reliance 8-K
- 1 auditor change
- 14 NT late filings
- Latest event 3.2y ago; discounted
Capital Velocity
DominantIssuers with the highest filing-activity intensity
- 246 8-Ks
- Filed within 20d
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $10.2B
- 10-Q 27d ago
- 3 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $306M · Peak count: 2
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | 2 | $66M | $33M | N/A |
| 2024 | 1 | $306M | $306M | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | N/A | N/A | N/A | N/A |
| 2021 | N/A | N/A | N/A | N/A |
| 2020 | N/A | N/A | N/A | N/A |
Strategy posture.
The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.
Archetype mix
- Horizontal Consolidation33%
- Geographic Expansion33%
- Bolt On33%
Strategy keywords
Terms recurring across recent 10-K acquisition disclosures.
- geographic_expansion
- bolt_on
- horizontal_consolidation
- tuck_in
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“This consolidated operating model is designed to better align our go to market strategy with our product offerings, enable end-to-end lifecycle responsibility and accountability, and to facilitate more efficient operations.”
“In the first quarter of 2023, we identified and initiated certain realignment activities concurrent with the consolidation of our aftermarket and pump operations into a single operating model.”
“targeted manufacturing optimization through the consolidation of facilities, SG&A efficiency initiatives and transfer of activities from high-cost regions to lower-cost facilities”
“we initiated realignment programs, inclusive of those associated with the SIHI acquisition, to accelerate both short- and long-term strategic plans”
“At the completion of the programs, we expect a 15% to 20% reduction in our global workforce, relative to early 2015 workforce levels.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Machinery & Automation
- Market spend (2023–2025)
- $92.5B
- Market spend (2020–2022)
- $69.9B
- Recent vs prior
- +32%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
FLS trades at a -0.7-turn discount to the Machinery & Automation peer median of 15.6×.
- EV / Revenue
- 2.2×
- Net debt / EBITDA
- 1.4×
- Peer median EV / EBITDA
- 15.6×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
Ecolab Inc.ECL | 24.5× | 4.9× | 2.3× | $16.5B | $2.1B |
Veralto CorpVLTO | 16.5× | 4.0× | 0.9× | $5.6B | $395M |
Xylem Inc.XYL | 15.6× | 3.1× | 0.6× | $9.1B | $832M |
Pentair plcPNR | 15.0× | 3.4× | 2.0× | $4.2B | $401M |
Flowserve Corp.FLS | 14.9× | 2.2× | 1.4× | $4.7B | $372M |
| 10.9× | 2.3× | 0.5× | $3.8B | $146M |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Machinery & Automation. Bars scaled to the highest EV/EBITDA in the set.
Target landscape.
Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.
No qualifying public-issuer targets surfaced from the current signal mix.
Stated target categories
No target categories enumerated in the audited corpus for this issuer.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)282026-02-17
- 10-Q (quarterly)1012026-04-29
- 8-K (event)2462026-05-06
- Proxy / DEF 14A562026-04-02
- Activism (13D / DFAN / PREC)262012-10-03
Signals on file
- critical
Non-reliance disclosure
2005-02-101 Item 4.02 filing on file; financial-statement non-reliance.
- elevated
Auditor change
2007-05-221 Item 4.01 filing on file; certifying accountant change.
- watch
Late-filing notice
2023-03-0114 NT 10-K/10-Q filings on file.
- elevated
Activism on file
2012-10-0326 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Disclosed acquisition spend
- info
Signal
10-K strategy themes
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.