Flowserve (FLS) Tax Rate (2009 - 2026)
Flowserve's Tax Rate was 14.41% in Q2 2026, down 0.64 percentage points from 15.05% a year earlier and down 5.25 percentage points from the prior quarter.
Flowserve (FLS) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flowserve's Tax Rate was 29.14% through Jun 30, 2026, up 10.03 percentage points year-over-year; for FY2025, it was 29.62%, up 7.62 percentage points from FY2024.
- Tax Rate has now increased for three consecutive years, though with a five-year change of -0.74 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 21.99% in FY2024 (+13.68 pp), 8.31% in FY2023 (+36.58 pp), -28.27% in FY2022 (-26.32 pp) and -1.95% in FY2021 (-32.31 pp).
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q4 2023.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +57.54 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2025 (a gain of 398.61 percentage points); the worst was Q4 2022 (a drop of 99.56 percentage points).
- Per Business Quant data, FLS's Tax Rate in the three quarters before Q2 2026 was 19.66% (Q1 2026), 419.61% (Q4 2025) and 29.51% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 24.54% |
| 10 | Flowserve | 9.29 Bn | 6.24 Bn | 384.73 Mn | 14.41% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.41% |
| Mar 31, 2026 | 19.66% |
| Dec 31, 2025 | 419.61% |
| Sep 30, 2025 | 29.51% |
| Jun 30, 2025 | 15.05% |
| Mar 31, 2025 | 18.25% |
| Dec 31, 2024 | 21.00% |
| Sep 30, 2024 | 22.82% |
| Jun 30, 2024 | 23.77% |
| Mar 31, 2024 | 20.53% |
| Dec 31, 2023 | 5.60% |
| Jun 30, 2023 | 27.85% |
| Mar 31, 2023 | 13.06% |
| Sep 30, 2022 | 4.28% |
| Jun 30, 2022 | 20.13% |
| Dec 31, 2021 | 6.39% |
| Jun 30, 2021 | 5.37% |
| Mar 31, 2021 | 18.10% |
| Dec 31, 2020 | 1.27% |
| Sep 30, 2020 | 24.62% |
Flowserve Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();