FLS vs PNR vs SPXC Stock Comparison

Flowserve, Pentair and SPX Technologies Prices as of Oct 26, 2026 Peers: Industry group
FLS Flowserve Corp
$69.54 -5.8% 1M +30.2% 1Y
Market cap
$8.98B
P/E
24.2x
Revenue (TTM)
$4.63B
Div. yield
–
Pumps and Valves Industrials
1 win
PNR PENTAIR plc
$55.24 +2.9% 1M -49.7% 1Y
Market cap
$10.00B
P/E
15.4x
Revenue (TTM)
$4.01B
Div. yield
0.02%
Pumps and Valves Industrials
6 wins

Head to Head

11 decided of 12

Pentair leads on 6 of the 12 questions below (Pentair 6, SPX Technologies 4, Flowserve 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFLSPNRSPXCLeader
Larger companyMarket capitalisation $8.98B $10.00B $8.25B PNR
Cheaper on earningsLower P/E, profitable companies only 24.2x 15.4x 29.6x PNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.0x 12.1x 18.9x PNR
Faster revenue growthRevenue growth, trailing twelve months -0.3% -2.1% +20.6% SPXC
More profitableNet margin, trailing twelve months 8.0% 16.2% 11.3% PNR
Better return on capitalReturn on invested capital 6.6% 12.6% 10.5% PNR
Less leveragedLower net debt / EBITDA 2.9x 1.6x 0.8x SPXC
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.00% –
Better 1-year returnPrice return, last 12 months +30.2% -49.7% -16.7% FLS
Better 5-year returnAnnualised price return, 5 years +14.1%/yr -5.5%/yr +22.6%/yr SPXC
Less volatileAnnualised volatility, 1 year 48.9% 34.0% 41.6% PNR
Higher overall scoreMean of the five percentile scores vs peers 58/100 66/100 71/100 SPXC

Percentile Scorecard

FLSPNRSPXC

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

AxisFLSPNRSPXC
Valuation 50 #102 of 203 84 #34 of 203 42 #33 of 56
Growth 69 #58 of 187 38 #116 of 187 100 #1 of 52
Profitability 54 #86 of 185 86 #27 of 185 68 #17 of 51
Financial Health 34 #146 of 219 43 #125 of 219 74 #16 of 58
Shareholder Returns 85 #24 of 153 81 #30 of 153 –
Overall 58 66 71
  • FLS ranked among 222 companies in Machinery
  • PNR ranked among 222 companies in Machinery
  • SPXC ranked among 60 companies in Construction Products

Price Performance

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

Returns

PeriodFLSPNRSPXCSPY
1 month -5.8%+2.9%-6.4% -0.8%
3 months -4.3%-12.5%-26.2% +3.5%
6 months -20.9%-40.1%-27.3% +7.0%
Year to date +0.2%-47.0%-19.2% +12.2%
1 year +30.2%-49.7%-16.7% +13.0%
3 years +94.0%-4.2%+105.7% +86.3%
3 years, per year +24.7%-1.4%+27.2% +23.1%
5 years +93.1%-24.7%+176.6% +68.6%
5 years, per year +14.1%-5.5%+22.6% +11.0%
10 years +58.9%-0.3%+719.3% +258.0%
10 years, per year +4.7%0.0%+23.4% +13.6%

Risk

MeasureFLSPNRSPXCSPY
Volatility, 1Y 48.9%34.0%41.6% 12.7%
Downside volatility, 1Y 42.0%40.2%41.8% 12.7%
Beta vs S&P 500, 1Y 1.760.901.75 1.00
Return / volatility, 1Y 0.62-1.46-0.40 1.02
Max drawdown, 5Y -39.0%-53.7%-38.3% -25.4%
From 52-week high -24.4%-49.4%-34.4% -1.8%
52-week high $92.04$109.13$246.41 $779.14
52-week low $52.66$52.11$160.01 $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.

MultipleFLSPNRSPXC
P/E now vs peer median 23.9xmedian 26.0x 13.6xmedian 26.0x 29.0xmedian 19.4x
P/S now vs peer median 1.9xmedian 1.9x 2.2xmedian 1.9x 3.3xmedian 1.5x
EV/EBITDA now vs peer median 21.0xmedian 14.0x 11.1xmedian 14.0x 16.1xmedian 12.1x
P/FCF now vs peer median 21.5xmedian 21.4x 13.1xmedian 21.4x 26.6xmedian 16.1x
P/B now vs peer median 3.8xmedian 2.2x 2.4xmedian 2.2x 3.4xmedian 2.9x
PEG now vs peer median 1.40median 1.26 1.27median 1.26 0.43median 0.93

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 monthsFLSPNRSPXC
Revenue $4.63B $4.01B $2.48B
Gross profit $1.57B $1.66B $996.30M
Operating income $392.30M $813.20M $399.90M
Net income $390.08M $651.40M $278.90M
Free cash flow $411.44M $673.00M $304.30M
R&D – $95.40M –
EPS (diluted) $2.89 $4.03 $5.50
Cash & equivalents $731.01M $91.80M $166.40M
Total debt $2.14B $1.61B $2.29B
Shares (diluted) 128.36M 161.60M 50.68M
Enterprise value $5.86B $9.62B $7.33B

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
MetricFLSPNRSPXC
P/E 23.9x 13.6x 29.0x
P/FCF 21.5x 13.1x 26.6x
P/Operating cash flow 18.1x 11.7x 19.2x
P/S 1.9x 2.2x 3.3x
P/B 3.8x 2.4x 3.4x
P/Tangible book 4.5x 3.3x 6.1x
EV/EBITDA 21.0x 11.1x 16.1x
EV/EBIT 26.1x 12.7x 21.4x
EV/Revenue 2.2x 2.6x 3.5x
EV/FCF 24.9x 15.4x 28.1x
EV/Operating cash flow 21.0x 13.7x 20.2x
PEG (3Y EPS CAGR) 1.40 1.27 0.43

Growth

14 metrics
MetricFLSPNRSPXC
Revenue growth (1Y) -0.3% -2.1% 20.6%
Revenue CAGR (3Y) 5.3% -1.3% 15.1%
Gross profit growth (1Y) 4.3% 1.7% 18.5%
Gross profit CAGR (3Y) 10.8% 4.5% 17.8%
Operating income growth (1Y) -22.5% 2.2% 24.1%
Operating income CAGR (3Y) 11.5% 7.7% 52.2%
Net income growth (1Y) 24.0% 6.9% 32.4%
Net income CAGR (3Y) 15.9% 9.7% 72.2%
EPS growth (1Y) 30.5% 9.6% 23.8%
EPS CAGR (3Y) 17.1% 10.7% 67.5%
Operating cash flow growth (1Y) 1.6% -16.8% 52.8%
Operating cash flow CAGR (3Y) 81.4% 12.5% 131.0%
Free cash flow growth (1Y) 3.1% -19.6% 23.8%
Free cash flow CAGR (3Y) 348.1% 14.6% 168.6%

Profitability

14 metrics
MetricFLSPNRSPXC
Gross margin 33.9% 41.3% 40.2%
EBITDA margin 10.5% 23.3% 21.4%
Operating margin 8.5% 20.3% 16.2%
Pretax margin 11.9% 18.4% 14.8%
Net margin 8.0% 16.2% 11.3%
FCF margin 8.9% 16.8% 12.3%
Operating cash flow margin 10.5% 18.7% 17.1%
Return on equity 16.9% 17.2% 12.0%
Return on assets 6.5% 9.5% 7.1%
Return on invested capital 6.6% 12.6% 10.5%
Return on capital employed 8.6% 13.7% 12.1%
Asset turnover 0.8x 0.6x 0.6x
Cash conversion (OCF / net income) 1.3x 1.2x 1.5x
Stock comp / revenue 0.9% 0.9% 0.7%

Financial Health

11 metrics
MetricFLSPNRSPXC
Debt / assets 33.8% 23.9% 15.6%
Debt / equity 0.9x 0.4x 0.3x
Net debt / EBITDA 2.9x 1.6x 0.8x
Debt / FCF 5.2x 2.4x 2.0x
Liabilities / assets 63.2% 44.1% 40.4%
Equity / assets 36.8% 55.9% 59.6%
Interest coverage 4.6x – 10.7x
Current ratio 2.2x 1.5x 1.8x
Quick ratio 1.2x 0.7x 1.1x
Cash ratio 0.5x 0.1x 0.3x
Altman Z-score 3.55 3.49 4.39

Shareholder Returns

7 metrics
MetricFLSPNRSPXC
Dividend yield 1.3% 2.0% –
Net buyback yield 2.6% 5.1% –
Shareholder yield 3.8% 7.0% 0.0%
Payout ratio (earnings) – 26.0% –
Payout ratio (FCF) – 25.2% –
Dividend growth (1Y) – 6.9% –
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.

ConsensusFLSPNRSPXC
Forward P/E 16.0xFY2026 12.1xFY2026 18.9xFY2026
EPS, next fiscal year $4.34FY2026 $4.55FY2026 $8.57FY2026
EPS growth, next FY +19.2%FY2026 -7.5%FY2026 +26.8%FY2026
EPS growth, the year after +12.0% +17.6% +20.1%
Revenue, next fiscal year $4.72BFY2026 $3.86BFY2026 $2.64BFY2026
Revenue growth, next FY -0.1%FY2026 -7.5%FY2026 +16.4%FY2026
Revenue growth, the year after +5.3% +10.5% +14.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFLSPNRSPXC
Held by institutions 100.0% 95.0% 93.8%
Institutions holding 584 719 510
Change in shares held, QoQ +14.6% -0.1% +10.8%
Institutions buying 299 353 275
Institutions selling 201 256 162
Buyers to sellers 1.49 1.38 1.70

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.

FLSPNRSPXC
FLS 1.00 0.24 0.43
PNR 0.24 1.00 0.21
SPXC 0.43 0.21 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FLS, PNR and SPXC?

Pentair (PNR) is the largest by market capitalisation: Flowserve (FLS) $8.98B, Pentair (PNR) $10.00B, SPX Technologies (SPXC) $8.25B.

Which stock is cheaper, FLS, PNR and SPXC?

Pentair (PNR) trades on the lowest price-to-earnings ratio (Flowserve (FLS) 24.2x, Pentair (PNR) 15.4x, SPX Technologies (SPXC) 29.6x). On next year's consensus earnings, Pentair (PNR) is cheapest (Flowserve (FLS) 16.0x, Pentair (PNR) 12.1x, SPX Technologies (SPXC) 18.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

SPX Technologies (SPXC) grew revenue fastest over the trailing twelve months: Flowserve (FLS) -0.3%, Pentair (PNR) -2.1%, SPX Technologies (SPXC) +20.6%.

Which company is more profitable?

Pentair (PNR) has the highest net margin (Flowserve (FLS) 8.0%, Pentair (PNR) 16.2%, SPX Technologies (SPXC) 11.3%). On return on invested capital, Pentair (PNR) leads (Flowserve (FLS) 6.6%, Pentair (PNR) 12.6%, SPX Technologies (SPXC) 10.5%).

Which stock has performed better?

Over the past year Flowserve (FLS) returned the most: Flowserve (FLS) +30.2%, Pentair (PNR) -49.7%, SPX Technologies (SPXC) -16.7%. Over five years, SPX Technologies (SPXC) compounded fastest (Flowserve (FLS) +14.1%/yr, Pentair (PNR) -5.5%/yr, SPX Technologies (SPXC) +22.6%/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%, SPX Technologies (SPXC) 0.00%. Flowserve (FLS) and SPX Technologies (SPXC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Pentair (PNR) has been the steadiest (Flowserve (FLS) 48.9%, Pentair (PNR) 34.0%, SPX Technologies (SPXC) 41.6%). Volatility measures how widely the price swings, not the risk of the business.

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

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 6. 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.