As of May 28, 2025, Flowserve Corp (FLS) reports a Current Ratio of 1.98.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Flowserve Corp's Current Ratio
Over recent years, Flowserve Corp's Current Ratio has shown a stable trend. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2024-12-31 | 1.98 |
| 2023-12-31 | 1.88 |
| 2022-12-31 | 1.97 |
| 2021-12-31 | 2.11 |
| 2020-12-31 | 2.54 |
This slight upward trend highlights how Flowserve Corp manages its short-term assets and liabilities over time.
Comparing Flowserve Corp's Current Ratio to Peers
To better understand Flowserve Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Flowserve Corp (FLS) | 1.98 |
| Mueller Industries Inc (MLI) | 5.06 |
| Snap-On Inc (SNA) | 4.15 |
| Graco Inc (GGG) | 3.69 |
| Gates Industrial Corporation PLC (GTES) | 3.20 |
| Timken Co (TKR) | 3.07 |
Compared to its competitors, Flowserve Corp's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.