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Condensed Consolidated Statements of Income - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Sales $ 1,188,092,000 $ 1,156,892,000 $ 2,332,635,000 $ 2,244,371,000
Cost of sales (781,510,000) (790,796,000) (1,556,719,000) (1,539,307,000)
Gross profit 406,582,000 366,096,000 775,916,000 705,064,000
Selling, general and administrative expense (265,908,000) (238,627,000) (509,085,000) (467,045,000)
Loss on sale of business 0 (12,981,000) 0 (12,981,000)
Net earnings from affiliates 5,916,000 6,816,000 11,648,000 9,344,000
Operating income 146,590,000 121,304,000 278,479,000 234,382,000
Interest expense (20,253,000) (16,917,000) (39,428,000) (32,233,000)
Interest income 2,526,000 1,174,000 4,271,000 2,343,000
Other expense, net (25,003,000) (5,263,000) (42,262,000) (6,137,000)
Earnings before income taxes 103,860,000 100,298,000 201,060,000 198,355,000
Provision for income taxes (15,636,000) (23,846,000) (33,379,000) (43,988,000)
Net earnings, including noncontrolling interests 88,224,000 76,452,000 167,681,000 154,367,000
Less: net earnings attributable to noncontrolling interests (6,470,000) (3,836,000) (12,022,000) (7,531,000)
Net earnings attributable to Flowserve Corporation $ 81,754,000 $ 72,616,000 $ 155,659,000 $ 146,836,000
Net earnings per share attributable to Flowserve Corporation common shareholders:        
Basic (in dollars per share) $ 0.62 $ 0.55 $ 1.19 $ 1.12
Diluted (in dollars per share) $ 0.62 $ 0.55 $ 1.18 $ 1.11
Weighted average shares - basic (in shares) 130,846,000 131,656,000 131,206,000 131,583,000
Weighted average shares - diluted (in shares) 131,599,000 132,415,000 132,135,000 132,392,000
Allowance for doubtful accounts $ 91,911,000 $ 80,591,000 $ 91,911,000 $ 80,591,000
Contract asset, allowance for doubtful accounts 4,577,000 $ 4,815,000 4,577,000 $ 4,815,000
Accumulated depreciation on property, plant and equipment 1,223,841   1,223,841  
Other assets, allowance for credit loss $ 65,830,000   $ 65,830,000  
Treasury shares (in shares) 46,233   46,233  
Common shares, par value (in dollars per share) $ 1.25   $ 1.25  
Common shares, shares authorized (in shares) 305,000   305,000  
Common shares, shares issued (in shares) 176,793   176,793