Skip to main content Fourth Quarter 2021 Presentation – Flowserve Corp. | Shale Experts
Loading...
Pm

Fourth Quarter 2021 Presentation – Flowserve Corp.

Flowserve Corp. · Feb 24, 2022 · 19 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 1
    FOURTH QUARTER 2021 EARNINGS CONFERENCE CALL February 24, 2022 Q4 2021 EARNINGS CONFERENCE CALL 1
  2. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 2
    Q4 2021 HIGHLIGHTS Strong 17.5% YoY bookings growth driven by MRO in our traditional markets Q4 and full year 2021 aftermarket bookings of 500 million and 2.0 billion at pre-pandemic levels Continued working capital improvement…
  3. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 3
    Q4 2021 OVERVIEW Bookings Strong year-over-year bookings Sales Revenue decreased 6.7% millions growth driven by aftermarket millions versus prior year 969 and MRO 985 - Higher than expected impact of 945 953 912 - Original…
  4. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 4
    Q4 BOOKINGS MIX Original Equipment End-Market Mix End-Market Outlook Oil & Gas Water General Industries Power Chemical Oil & Gas High utilization rates drive continued momentum in aftermarket millions 825M 969M and MRO 469 Middle…
  5. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 5
    Q4 SALES MIX Original Equipment Region Mix millions 985M 919M 507 425 438 51% 49% 48% 37% 39% 2020 Q4 2021 Q3 2021 Q4 North America Europe Asia Pacific 22% 19% Middle East & Africa Aftermarket Latin America millions…
  6. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 6
    Q4 SEGMENT HIGHLIGHTS FPD FCD YoY Bookings Growth 22.4% 7.9% Adjusted Gross Margin* 30.6% 29.6% Adjusted SG&A as % of Sales* 21.7% 18.4% Adjusted Operating Margin* 9.7% 11.2% Book-to-Bill 1.07x 1.02x * See appendix for reconciliation…
  7. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 7
    2022 GUIDANCE ASSUMPTIONS Guidance Metric 2022 Guidance Revenue Growth Up 7.0% - 9.0% Reported EPS [1] 1.65 - 1.85 Adjusted EPS [2] 1.70 - 1.90 EUR Rate 1.14 Adjusted Tax Rate 20% - 22% Capital Expenditures 70 - 80…
  8. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 8
    2021 ESG HIGHLIGHTS ESG Program Aligned with Energy Transition - More than 100M in energy transition bookings in 2021 Substantially helping our customers reduce their carbon emissions intensity On track to achieve Flowserves 2030…
  9. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 9
    DIVERSIFY, DECARBONIZE, DIGITIZE GROWTH STRATEGY GROWTH DRIVERS DIVERSIFY DECARBONIZE DIGITIZE Diversify end markets Support our customers Leverage technology and data and create a more today and through the to improve internal…
  10. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 10
    FLOWSERVE GROWTH STRATEGY IN ACTION DIVERSIFY Seawater DECARBONIZE Flare Gas DIGITIZE RedRaven Technology Desalination Recovery Prevents Equipment Failure Flowserve partnering with Flowserve selected as sole RedRaven technology…
  11. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 11
    Questions & Answers Q4 2021 EARNINGS CONFERENCE CALL 1 2
  12. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 12
    APPENDIX Q4 2021 EARNINGS CONFERENCE CALL 1 3
  13. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 13
    Q4 2021 CONSOLIDATED FINANCIAL RESULTS 4th Quarter 4th Quarter Adjusted 2021 2021 2020 ( millions) 2021 2020 Delta () Delta (%) Constant Adjusted Adjusted Adjusted Delta () Delta (%) Constant FX(%)* Items Results Results FX(%)*…
  14. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 14
    FULL YEAR 2021 CONSOLIDATED FINANCIAL RESULTS Full Year Full Year Adjusted 2021 2021 2020 Constant Constant ( millions) 2021 2020 Delta () Delta (%) FX(%)* Adjusted Adjusted Adjusted Delta () Delta (%) FX(%)* Items Results Results…
  15. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 15
    FLOWSERVE PUMP DIVISION Q4 & FULL YEAR 2021 SEGMENT RESULTS 4th Quarter Full Year Constant Constant ( millions) 2021 2020 Delta () Delta (%) FX(%)* 2021 2020 Delta () Delta (%) FX(%)* Bookings 693.5 566.5 127.0 22.4% 24.2% 2,675.7…
  16. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 16
    FLOWSERVE PUMP DIVISION Q4 & FULL YEAR 2021 BOOKINGS AND SALES 4th Quarter Full Year Constant Constant ( millions) 2021 2020 Delta (%) 2021 2020 Delta (%) FX(%)* FX(%)* 256 214 20% 22% 964 836 15% 13% OE 37% 38% (100) bps 36%…
  17. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 17
    FLOW CONTROL DIVISION Q4 AND FULL YEAR 2021 SEGMENT RESULTS 4th Quarter Full Year Constant Constant ( millions) 2021 2020 Delta () Delta (%) FX(%)* 2021 2020 Delta () Delta (%) FX(%)* Bookings 278.8 258.4 20.4 7.9% 8.6% 1,112.8…
  18. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 18
    FLOW CONTROL DIVISION Q4 & FULL YEAR 2021 BOOKINGS AND SALES 4th Quarter Full Year Constant Constant ( millions) 2021 2020 Delta (%) 2021 2020 Delta (%) FX(%)* FX(%)* 214 191 12% 13% 840 792 6% 4% OE 77% 74% 300 bps 76% 74% 200…
  19. Fourth Quarter 2021 Presentation – Flowserve Corp. – slide 19
    Investor Relations Contacts Jay Roueche Mike Mullin 972.443.6560 972.443.6636 jrouecheflowserve.com mmullinflowserve.com Q4 2021 EARNINGS CONFERENCE CALL 2 0

From the store

Browse maps, data & reports in the Shale Experts store