$Flowserve (FLS.US)$Overall revenue has shrunk in the past 5...
$Flowserve (FLS.US)$Overall revenue has shrunk in the past 5 years. 2019 was a high of nearly 5 years. Operating profit also reached a high of 400 million in 2019, then fell to 240 million, rebounded back to 250 million in 2021, and net profit was similar. It reached a high of 260 million yuan in 2019, then fell to 130 million, and rebounded back to 140 million in 2021.
In the first three quarters of 2022, revenue continued to shrink slightly by 1.7%, operating profit fell 55%, and net profit fell 38%.
Currently, the price-earnings ratio is 36 times, the price-earnings ratio is 54 times TTM, and there is no support for growth data.
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