FLS vs PNR vs FET Stock Comparison

Flowserve, Pentair and Forum Energy Technologies Prices as of Oct 29, 2026 Peers: Industry group
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FLS Flowserve Corp
$80.17 +8.5% 1M +16.3% 1Y
Market cap
$10.04B
P/E
39.4x
Revenue (TTM)
$4.70B
Div. yield
–
Pumps and Valves Industrials
PNR PENTAIR plc
$65.78 +23.0% 1M -38.9% 1Y
Market cap
$10.55B
P/E
17.2x
Revenue (TTM)
$3.97B
Div. yield
0.02%
Pumps and Valves Industrials
8 wins

Head to Head

11 decided of 12

Pentair leads on 8 of the 12 questions below (Pentair 8, Forum Energy Technologies 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFLSPNRFETLeader
Larger companyMarket capitalisation $10.04B $10.55B $953.44M PNR
Cheaper on earningsLower P/E, profitable companies only 39.4x 17.2x 31.6x PNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 18.5x 14.5x 23.5x PNR
Faster revenue growthRevenue growth, trailing twelve months +0.2% -3.9% +10.6% FET
More profitableNet margin, trailing twelve months 5.4% 15.4% — PNR
Better return on capitalReturn on invested capital 8.1% 12.5% — PNR
Less leveragedLower net debt / EBITDA 2.3x 1.6x — PNR
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +16.3% -38.9% +176.7% FET
Better 5-year returnAnnualised price return, 5 years +19.0%/yr -2.3%/yr +31.6%/yr FET
Less volatileAnnualised volatility, 1 year 42.1% 36.3% 55.2% PNR
Higher overall scoreMean of the five percentile scores vs peers 40/100 62/100 54/100 PNR

Percentile Scorecard

FLSPNRFET

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFLSPNRFET
Valuation 26 #150 of 203 71 #59 of 203 26 #35 of 47
Growth 31 #130 of 188 32 #128 of 188 91 #5 of 43
Profitability 43 #104 of 183 82 #33 of 183 69 #13 of 40
Financial Health 34 #144 of 216 46 #118 of 216 32 #31 of 45
Shareholder Returns 68 #50 of 152 79 #33 of 152 –
Overall 40 62 54
  • FLS ranked among 222 companies in Machinery
  • PNR ranked among 222 companies in Machinery
  • FET ranked among 48 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFLSPNRFETSPY
1 month +8.5%+23.0%+10.7% +0.7%
3 months +6.4%-0.6%+73.0% +3.7%
6 months +8.9%-18.5%+41.4% +7.1%
Year to date +15.6%-36.8%+140.5% +12.8%
1 year +16.3%-38.9%+176.7% +11.9%
3 years +119.2%+12.0%+305.6% +85.2%
3 years, per year +29.9%+3.9%+59.5% +22.8%
5 years +138.5%-11.1%+294.8% +67.6%
5 years, per year +19.0%-2.3%+31.6% +10.9%
10 years +89.9%+19.3%-75.9% +262.0%
10 years, per year +6.6%+1.8%-13.3% +13.7%

Risk

MeasureFLSPNRFETSPY
Volatility, 1Y 42.1%36.3%55.2% 12.7%
Downside volatility, 1Y 42.2%40.4%53.8% 12.6%
Beta vs S&P 500, 1Y 1.730.940.85 1.00
Return / volatility, 1Y 0.39-1.073.20 0.94
Max drawdown, 5Y -39.0%-53.7%-59.1% -25.4%
From 52-week high -12.9%-39.5%-2.3% -1.2%
52-week high $92.04$108.69$90.92 $779.14
52-week low $64.39$52.11$26.78 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFLSPNRFET
P/E now vs peer median 40.0xmedian 25.8x 17.1xmedian 25.8x 33.2xmedian 28.5x
P/S now vs peer median 2.2xmedian 1.9x 2.6xmedian 1.9x 1.1xmedian 1.2x
EV/EBITDA now vs peer median 19.9xmedian 14.6x 13.2xmedian 14.6x —median 8.9x
P/FCF now vs peer median 66.2xmedian 22.2x 16.2xmedian 22.2x 17.0xmedian 15.4x
P/B now vs peer median 4.3xmedian 2.2x 2.7xmedian 2.2x 3.1xmedian 1.6x
PEG now vs peer median 17.37median 1.45 2.23median 1.45 0.59median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFLSPNRFET
Revenue $4.70B $3.97B $873.93M
Gross profit $1.60B $1.64B $267.84M
Operating income $467.63M $777.40M $64.24M
Net income $273.27M $612.20M $30.20M
Free cash flow $153.66M $646.60M –
R&D – $94.10M –
EPS (diluted) $1.99 $3.82 $2.57
Cash & equivalents $742.15M $74.00M $35.17M
Total debt $2.06B $1.48B –
Shares (diluted) 127.96M 160.30M 11.77M
Enterprise value $7.02B $10.22B $953.44M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFLSPNRFET
P/E 40.0x 17.1x 33.2x
P/FCF 66.2x 16.2x 17.0x
P/Operating cash flow 44.2x 14.5x 14.6x
P/S 2.2x 2.6x 1.1x
P/B 4.3x 2.7x 3.1x
P/Tangible book 5.0x 3.7x 3.1x
EV/EBITDA 19.9x 13.2x –
EV/EBIT 24.6x 15.3x –
EV/Revenue 2.4x 3.0x 1.1x
EV/FCF 74.7x 18.4x –
EV/Operating cash flow 49.9x 16.4x 14.6x
PEG (3Y EPS CAGR) 17.37 2.23 0.59

Growth

14 metrics
MetricFLSPNRFET
Revenue growth (1Y) 0.2% -3.9% 10.6%
Revenue CAGR (3Y) 3.8% -1.3% 5.5%
Gross profit growth (1Y) 5.0% -1.2% 21.5%
Gross profit CAGR (3Y) 9.2% 3.4% 9.4%
Operating income growth (1Y) -3.1% -8.3% 171.8%
Operating income CAGR (3Y) 12.4% 4.4% 31.5%
Net income growth (1Y) -42.5% -6.4% 126.2%
Net income CAGR (3Y) 1.3% 6.3% 59.0%
EPS growth (1Y) -42.3% -3.6% 126.0%
EPS CAGR (3Y) 2.3% 7.7% 55.9%
Operating cash flow growth (1Y) -67.3% -14.8% -20.8%
Operating cash flow CAGR (3Y) 4.7% 6.8% 78.7%
Free cash flow growth (1Y) -75.6% -17.4% –
Free cash flow CAGR (3Y) 7.8% 7.7% –

Profitability

14 metrics
MetricFLSPNRFET
Gross margin 34.2% 41.2% –
EBITDA margin 12.3% 22.7% –
Operating margin 10.0% 19.6% –
Pretax margin 7.6% 17.5% –
Net margin 5.4% 15.4% –
FCF margin 3.3% 16.3% –
Operating cash flow margin 4.9% 18.3% 7.8%
Return on equity 11.6% 16.1% 9.9%
Return on assets 4.3% 9.2% 3.8%
Return on invested capital 8.1% 12.5% –
Return on capital employed 9.7% 13.5% –
Asset turnover 0.7x 0.6x 1.1x
Cash conversion (OCF / net income) 0.8x 1.2x 2.3x
Stock comp / revenue 0.9% 0.8% –

Financial Health

11 metrics
MetricFLSPNRFET
Debt / assets 32.4% 22.3% –
Debt / equity 0.9x 0.4x –
Net debt / EBITDA 2.3x 1.6x –
Debt / FCF 13.4x 2.3x –
Liabilities / assets 62.4% 42.1% 60.6%
Equity / assets 37.6% 57.9% 39.4%
Interest coverage 5.1x – –
Current ratio 2.1x 1.5x 2.0x
Quick ratio 1.2x 0.7x –
Cash ratio 0.5x 0.1x –
Altman Z-score 3.82 3.96 –

Shareholder Returns

7 metrics
MetricFLSPNRFET
Dividend yield 1.1% 1.6% –
Net buyback yield 1.3% 3.8% –
Shareholder yield 2.4% 5.5% –
Payout ratio (earnings) – 28.1% –
Payout ratio (FCF) – 26.6% –
Dividend growth (1Y) – 6.5% –
Dividend CAGR (3Y) – 6.2% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFLSPNRFET
Forward P/E 18.5xFY2026 14.5xFY2026 23.5xFY2026
EPS, next fiscal year $4.34FY2026 $4.55FY2026 $3.78FY2026
EPS growth, next FY +19.2%FY2026 -7.5%FY2026 +500.0%FY2026
EPS growth, the year after +12.0% +17.6% +37.8%
Revenue, next fiscal year $4.72BFY2026 $3.86BFY2026 $871.25MFY2026
Revenue growth, next FY -0.1%FY2026 -7.5%FY2026 +10.1%FY2026
Revenue growth, the year after +5.3% +10.5% +13.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFLSPNRFET
Held by institutions 100.0% 95.0% 86.6%
Institutions holding 585 720 161
Change in shares held, QoQ +14.6% -0.1% +10.7%
Institutions buying 299 353 102
Institutions selling 202 257 42
Buyers to sellers 1.48 1.37 2.43

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FLSPNRFET
FLS 1.00 0.31 0.20
PNR 0.31 1.00 0.02
FET 0.20 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FLS, PNR and FET?

Pentair (PNR) is the largest by market capitalisation: Flowserve (FLS) $10.04B, Pentair (PNR) $10.55B, Forum Energy Technologies (FET) $953.44M.

Which stock is cheaper, FLS, PNR and FET?

Pentair (PNR) trades on the lowest price-to-earnings ratio (Flowserve (FLS) 39.4x, Pentair (PNR) 17.2x, Forum Energy Technologies (FET) 31.6x). On next year's consensus earnings, Pentair (PNR) is cheapest (Flowserve (FLS) 18.5x, Pentair (PNR) 14.5x, Forum Energy Technologies (FET) 23.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Forum Energy Technologies (FET) grew revenue fastest over the trailing twelve months: Flowserve (FLS) +0.2%, Pentair (PNR) -3.9%, Forum Energy Technologies (FET) +10.6%.

Which company is more profitable?

Pentair (PNR) has the highest net margin (Flowserve (FLS) 5.4%, Pentair (PNR) 15.4%). On return on invested capital, Pentair (PNR) leads (Flowserve (FLS) 8.1%, Pentair (PNR) 12.5%).

Which stock has performed better?

Over the past year Forum Energy Technologies (FET) returned the most: Flowserve (FLS) +16.3%, Pentair (PNR) -38.9%, Forum Energy Technologies (FET) +176.7%. Over five years, Forum Energy Technologies (FET) compounded fastest (Flowserve (FLS) +19.0%/yr, Pentair (PNR) -2.3%/yr, Forum Energy Technologies (FET) +31.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Flowserve (FLS) 0.00%, Pentair (PNR) 0.02%, Forum Energy Technologies (FET) 0.00%. Flowserve (FLS) and Forum Energy Technologies (FET) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Pentair (PNR) has been the steadiest (Flowserve (FLS) 42.1%, Pentair (PNR) 36.3%, Forum Energy Technologies (FET) 55.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FLS, PNR and FET?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Pentair (PNR) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.