Flowserve (FLS) vs IDEX (IEX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
IDEX (IEX) has outperformed Flowserve (FLS) over the past year, gaining 40.5% versus a gain of 35.6%. Over five years, FLS leads with a +90.5% price change compared with +9.1% for IEX. IDEX is the larger company by market cap ($17.05 billion vs $8.77 billion), about 1.9 times the size.
On valuation, Flowserve trades at a lower forward P/E (14.9x vs 24.0x for IDEX). Flowserve offers the higher dividend yield (1.25% vs 1.25%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | FLS | IEX |
|---|---|---|
| Share price | $68.98 | $231.25 |
| Market cap | $8.77B | $17.05B |
| 1-day change | -2.18% | -0.71% |
| YTD return | +1.64% | +30.89% |
| 1-year return | +35.59% | +40.48% |
| 5-year return | +90.49% | +9.12% |
| P/E ratio (TTM) | 24.03 | 33.27 |
| Forward P/E | 14.85 | 24.02 |
| EPS (TTM) | $2.87 | $6.95 |
| Dividend yield | 1.25% | 1.25% |
| Annual dividend | $0.86 | $2.88 |
| Revenue (latest FY) | $0 | $3.46B |
| Revenue growth (YoY) | — | +5.77% |
| Net income (latest FY) | $346.25M | $483.20M |
| Gross margin | — | 44.51% |
| Operating margin | — | 20.23% |
| Net margin | — | 13.98% |
| 52-week high | $92.41 | $243.80 |
| 52-week low | $48.71 | $159.27 |
| Distance from 52-week high | -25.35% | -5.15% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +29.02% | +10.67% |
| Average volume | 1.69M | 638.15K |
| Shares outstanding | 127.11M | 73.72M |
| Employees | 16,000 | 8,700 |
| Sector | Industrials | Industrials |
| Industry | Fluid Controls | Fluid Controls |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- IDEX trades at a higher earnings multiple (33.3x vs 24.0x trailing P/E).
About Flowserve
FLS stock →Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Flowserve Pumps Division (FPD) and Flow Control Division (FCD).
Industrials · Fluid Controls · 16,000 employees
About IDEX
IEX stock →IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, North America, Europe, Asia, and internationally. It operates through three segments: Health & Science Technologies (HST), Fluid & Metering Technologies (FMT) and Fire & Safety/Diversified Products (FSDP).
Industrials · Fluid Controls · 8,700 employees
FLS vs IEX FAQ
Which is bigger, Flowserve or IDEX?
IDEX (IEX) is larger, with a market capitalization of $17.05B compared with $8.77B for Flowserve (FLS).
Which stock has performed better over the past year, FLS or IEX?
IEX returned +40.48% over the past 12 months, compared with +35.59% for FLS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, FLS or IEX?
FLS has the lower trailing P/E at 24.0, versus 33.3 for IEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Flowserve or IDEX?
Flowserve has the higher yield at 1.25%, compared with 1.25% for IDEX.
Are Flowserve and IDEX in the same industry?
Yes. Both are classified in the Fluid Controls industry within the Industrials sector.