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Flowserve vs Graco: revenue, profit, margins and growth compared

Flowserve brought in $4.7B of revenue in fiscal 2025, Graco $2.2B in fiscal 2025. Revenue changed by +3.8% at Flowserve and +5.8% at Graco on the year before, so Graco grew faster. Flowserve kept 7.3% of its revenue as net profit, Graco 23.3%. Free cash flow was $435M at Flowserve and $637.9M at Graco.

Side by side, latest fiscal year

FLSGGG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 26, 2025)
Revenue$4.7B$2.2B
Revenue growth+3.8%+5.8%
Net income$346.2M$521.8M
Net margin7.3%23.3%
Free cash flow$435M$637.9M
Free cash flow margin9.2%28.5%
Earnings per share (diluted)$2.64$3.08
Cash$760.2M$624.1M
Debt$1.6B$1.6M
Price to earnings28.025.3
Market value$9.4B$12.6B
Dividend yield1.14%1.44%
Rank by revenue in sector#126 of 451 · Industrials#212 of 451 · Industrials

Over the years

Revenue
FLS FY2018: $3.8BFLS FY2019: $3.9BFLS FY2020: $3.7BFLS FY2021: $3.5BFLS FY2021: $3.6BFLS FY2023: $4.3BFLS FY2024: $4.6BFLS FY2025: $4.7BGGG FY2018: $1.7BGGG FY2019: $1.6BGGG FY2020: $1.7BGGG FY2021: $2BGGG FY2022: $2.1BGGG FY2023: $2.2BGGG FY2024: $2.1BGGG FY2025: $2.2BFY18FY19FY20FY21FY22FY23FY24FY25
FLS $4.7BGGG $2.2B
Net income
FLS FY2018: $104.5MFLS FY2019: $238.8MFLS FY2020: $130.4MFLS FY2021: $125.9MFLS FY2021: $188.7MFLS FY2023: $186.7MFLS FY2024: $282.8MFLS FY2025: $346.2MGGG FY2018: $341.1MGGG FY2019: $343.9MGGG FY2020: $330.5MGGG FY2021: $439.9MGGG FY2022: $460.6MGGG FY2023: $506.5MGGG FY2024: $486.1MGGG FY2025: $521.8MFY18FY19FY20FY21FY22FY23FY24FY25
FLS $346.2MGGG $521.8M
Net margin
FLS FY2018: 2.7%FLS FY2019: 6.1%FLS FY2020: 3.5%FLS FY2021: 3.6%FLS FY2021: 5.2%FLS FY2023: 4.3%FLS FY2024: 6.2%FLS FY2025: 7.3%GGG FY2018: 20.6%GGG FY2019: 20.9%GGG FY2020: 20.0%GGG FY2021: 22.1%GGG FY2022: 21.5%GGG FY2023: 23.1%GGG FY2024: 23.0%GGG FY2025: 23.3%FY18FY19FY20FY21FY22FY23FY24FY25
FLS 7.3%GGG 23.3%
Revenue growth
FLS FY2019: +2.7%FLS FY2020: -5.4%FLS FY2021: -5.0%FLS FY2021: +2.1%FLS FY2023: +19.5%FLS FY2024: +5.5%FLS FY2025: +3.8%GGG FY2019: -0.4%GGG FY2020: +0.2%GGG FY2021: +20.5%GGG FY2022: +7.8%GGG FY2023: +2.4%GGG FY2024: -3.7%GGG FY2025: +5.8%FY19FY20FY21FY22FY23FY24FY25
FLS +3.8%GGG +5.8%
Free cash flow
FLS FY2018: $106.8MFLS FY2019: $248.4MFLS FY2020: $253.1MFLS FY2021: $195.2MFLS FY2021: -$116.3MFLS FY2023: $258.4MFLS FY2024: $344.3MFLS FY2025: $435MGGG FY2018: $314.1MGGG FY2019: $290.8MGGG FY2020: $322.7MGGG FY2021: $323.3MGGG FY2022: $176.2MGGG FY2023: $466.2MGGG FY2024: $515MGGG FY2025: $637.9MFY18FY19FY20FY21FY22FY23FY24FY25
FLS $435MGGG $637.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Flowserve and Graco

Which is bigger by revenue, Flowserve or Graco?

Flowserve is bigger by revenue: $4.7B in fiscal 2025, against $2.2B for Graco in fiscal 2025.

Which keeps more of its revenue as profit, Flowserve or Graco?

Flowserve had a net margin of 7.3% in fiscal 2025; Graco had 23.3% in fiscal 2025.

Which grew revenue faster, Flowserve or Graco?

In their latest fiscal years revenue changed by +3.8% at Flowserve and +5.8% at Graco.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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