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Side-by-side financial comparison of FLOWSERVE CORP (FLS) and Envista Holdings Corp (NVST). Click either name above to swap in a different company.

FLOWSERVE CORP is the larger business by last-quarter revenue ($1.1B vs $705.5M, roughly 1.5× Envista Holdings Corp). FLOWSERVE CORP runs the higher net margin — 7.6% vs 5.5%, a 2.1% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (14.4% vs -6.7%). Over the past eight quarters, Envista Holdings Corp's revenue compounded faster (5.6% CAGR vs -3.9%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

FLS vs NVST — Head-to-Head

Bigger by revenue
FLS
FLS
1.5× larger
FLS
$1.1B
$705.5M
NVST
Growing faster (revenue YoY)
NVST
NVST
+21.0% gap
NVST
14.4%
-6.7%
FLS
Higher net margin
FLS
FLS
2.1% more per $
FLS
7.6%
5.5%
NVST
Faster 2-yr revenue CAGR
NVST
NVST
Annualised
NVST
5.6%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FLS
FLS
NVST
NVST
Revenue
$1.1B
$705.5M
Net Profit
$81.7M
$39.0M
Gross Margin
35.6%
55.3%
Operating Margin
11.2%
8.9%
Net Margin
7.6%
5.5%
Revenue YoY
-6.7%
14.4%
Net Profit YoY
10.5%
116.7%
EPS (diluted)
$0.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLS
FLS
NVST
NVST
Q1 26
$1.1B
$705.5M
Q4 25
$1.2B
$750.6M
Q3 25
$1.2B
$669.9M
Q2 25
$1.2B
$682.1M
Q1 25
$1.1B
$616.9M
Q4 24
$1.2B
$652.9M
Q3 24
$1.1B
$601.0M
Q2 24
$1.2B
$633.1M
Net Profit
FLS
FLS
NVST
NVST
Q1 26
$81.7M
$39.0M
Q4 25
$-29.0M
$32.9M
Q3 25
$219.6M
$-30.3M
Q2 25
$81.8M
$26.4M
Q1 25
$73.9M
$18.0M
Q4 24
$77.5M
$1.2M
Q3 24
$58.4M
$8.2M
Q2 24
$72.6M
$-1.2B
Gross Margin
FLS
FLS
NVST
NVST
Q1 26
35.6%
55.3%
Q4 25
34.8%
54.7%
Q3 25
32.4%
55.3%
Q2 25
34.2%
54.2%
Q1 25
32.3%
54.5%
Q4 24
31.5%
57.1%
Q3 24
31.5%
52.8%
Q2 24
31.6%
51.6%
Operating Margin
FLS
FLS
NVST
NVST
Q1 26
11.2%
8.9%
Q4 25
3.5%
9.8%
Q3 25
6.7%
8.6%
Q2 25
12.3%
6.8%
Q1 25
11.5%
6.3%
Q4 24
10.6%
7.1%
Q3 24
9.1%
3.5%
Q2 24
10.5%
-182.2%
Net Margin
FLS
FLS
NVST
NVST
Q1 26
7.6%
5.5%
Q4 25
-2.4%
4.4%
Q3 25
18.7%
-4.5%
Q2 25
6.9%
3.9%
Q1 25
6.5%
2.9%
Q4 24
6.6%
0.2%
Q3 24
5.2%
1.4%
Q2 24
6.3%
-181.9%
EPS (diluted)
FLS
FLS
NVST
NVST
Q1 26
$0.23
Q4 25
$-0.21
$0.20
Q3 25
$1.67
$-0.18
Q2 25
$0.62
$0.16
Q1 25
$0.56
$0.10
Q4 24
$0.59
$0.00
Q3 24
$0.44
$0.05
Q2 24
$0.55
$-6.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLS
FLS
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$792.4M
$1.1B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$2.3B
$3.1B
Total Assets
$5.7B
$5.6B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
NVST
NVST
Q1 26
$792.4M
$1.1B
Q4 25
$760.2M
$1.2B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$675.4M
$1.1B
Q3 24
$991.3M
Q2 24
$1.0B
Total Debt
FLS
FLS
NVST
NVST
Q1 26
$1.4B
Q4 25
$1.6B
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.5B
$1.4B
Q3 24
$1.4B
Q2 24
$1.5B
Stockholders' Equity
FLS
FLS
NVST
NVST
Q1 26
$2.3B
$3.1B
Q4 25
$2.2B
$3.1B
Q3 25
$2.3B
$3.1B
Q2 25
$2.2B
$3.1B
Q1 25
$2.1B
$3.0B
Q4 24
$2.0B
$2.9B
Q3 24
$2.1B
$3.1B
Q2 24
$2.0B
$3.0B
Total Assets
FLS
FLS
NVST
NVST
Q1 26
$5.7B
$5.6B
Q4 25
$5.7B
$5.7B
Q3 25
$5.8B
$5.6B
Q2 25
$5.7B
$5.7B
Q1 25
$5.5B
$5.5B
Q4 24
$5.5B
$5.4B
Q3 24
$5.3B
$5.5B
Q2 24
$5.2B
$5.4B
Debt / Equity
FLS
FLS
NVST
NVST
Q1 26
0.47×
Q4 25
0.72×
0.47×
Q3 25
0.47×
Q2 25
0.46×
Q1 25
0.47×
Q4 24
0.75×
0.48×
Q3 24
0.46×
Q2 24
0.51×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLS
FLS
NVST
NVST
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-15.7M
FCF MarginFCF / Revenue
-2.2%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$220.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLS
FLS
NVST
NVST
Q1 26
Q4 25
$-174.0K
$108.0M
Q3 25
$401.8M
$78.7M
Q2 25
$154.1M
$88.7M
Q1 25
$-49.9M
$300.0K
Q4 24
$197.3M
$132.4M
Q3 24
$178.5M
$70.7M
Q2 24
$-12.8M
$93.1M
Free Cash Flow
FLS
FLS
NVST
NVST
Q1 26
$-15.7M
Q4 25
$-25.6M
$91.7M
Q3 25
$384.7M
$67.9M
Q2 25
$137.5M
$76.4M
Q1 25
$-61.7M
$-5.6M
Q4 24
$168.5M
$123.8M
Q3 24
$154.6M
$63.3M
Q2 24
$-27.5M
$86.3M
FCF Margin
FLS
FLS
NVST
NVST
Q1 26
-2.2%
Q4 25
-2.1%
12.2%
Q3 25
32.8%
10.1%
Q2 25
11.6%
11.2%
Q1 25
-5.4%
-0.9%
Q4 24
14.3%
19.0%
Q3 24
13.6%
10.5%
Q2 24
-2.4%
13.6%
Capex Intensity
FLS
FLS
NVST
NVST
Q1 26
1.8%
Q4 25
2.1%
2.2%
Q3 25
1.5%
1.6%
Q2 25
1.4%
1.8%
Q1 25
1.0%
1.0%
Q4 24
2.4%
1.3%
Q3 24
2.1%
1.2%
Q2 24
1.3%
1.1%
Cash Conversion
FLS
FLS
NVST
NVST
Q1 26
Q4 25
3.28×
Q3 25
1.83×
Q2 25
1.89×
3.36×
Q1 25
-0.68×
0.02×
Q4 24
2.55×
110.33×
Q3 24
3.06×
8.62×
Q2 24
-0.18×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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