Flowserve reported fourth-quarter adjusted earnings of $1.11 per share, outpacing the Zacks Consensus Estimate of $0.94. This marks a 58% increase from the $0.70 per share delivered in the year-ago quarter. Operating income rose to $135 million, up from $112 million in Q4 2024, driven by improved project execution and disciplined cost control across its pumps and valves segments. The adjusted operating margin expanded to 11.2%, a 160 basis-point improvement year-over-year.

Total revenue for the period climbed 8% to $1.21 billion, compared with $1.12 billion a year earlier. The Pumps division led growth with a 10% revenue gain, supported by robust aftermarket services and higher OEM shipments. Valves revenue increased 6%, reflecting stronger demand in energy and industrial end markets. Order backlog stood at $3.4 billion at quarter-end, representing a book-to-bill ratio of 1.03 and underscoring sustained customer demand heading into 2026.

In December, Flowserve agreed to acquire the Valves Division of Trillium Flow Technologies for $490 million in cash, aiming to fortify its leadership in nuclear and power generation markets. The transaction is expected to close in Q1 2026 and to be immediately accretive to adjusted earnings per share. Management projects the deal will contribute approximately $120 million of annualized revenue and enhance the company’s engineered valves offering, while leveraging $350 million of available liquidity and its $1.2 billion revolving credit facility to finance the purchase.