Flowserve vs Lincoln Electric Holdings
Flowserve and Lincoln Electric Holdings are similar in size: $4.73bn and $4.23bn of revenue in their latest fiscal years. Lincoln Electric Holdings grew faster (5.6% against 3.8%). Lincoln Electric Holdings kept more of each dollar of sales as profit: a net margin of 12.3% against 7.3%.
| Latest fiscal year | FlowserveFLS, 2025 | Lincoln Electric HoldingsLECO, 2025 |
|---|---|---|
| Revenue | $4.73bn | $4.23bn |
| Revenue growth | 3.8% | 5.6% |
| Net income | $346m | $521m |
| Operating margin | — | — |
| Net margin | 7.3% | 12.3% |
| Return on equity | 16.5% | 37.2% |
| Free cash flow | $435m | $534m |
| Cash | $760m | $309m |
| Total debt | $1.58bn | $1.29bn |
| Debt to equity | — | — |
| Dividend per share | $0.84 | $3.04 |
| Dividend yield | 1.1% | 1.1% |
| Share buybacks | $255m | $338m |
| Employees | 16,000 | — |
| Market value | $10.37bn | $15.44bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 57 (Moderate) | 81 (Strong) |
| Insider trades, 12 months | 2 buys, 8 sales | 0 buys, 8 sales |