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

PPL Corporation is the larger business by last-quarter revenue ($2.3B vs $1.1B, roughly 2.2× FLOWSERVE CORP). PPL Corporation runs the higher net margin — 11.3% vs 7.6%, a 3.7% gap on every dollar of revenue. On growth, PPL Corporation posted the faster year-over-year revenue change (7.2% vs -6.7%). Over the past eight quarters, PPL Corporation's revenue compounded faster (1.0% 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...

PPL Corporation is a leading US-based energy utility holding company headquartered in Allentown, Pennsylvania. It delivers electricity and natural gas to approximately 3.5 million residential, commercial and industrial customers across Pennsylvania, Kentucky and Rhode Island, with core focuses on grid modernization, affordable clean energy transition, and reliable sustainable energy services for local communities.

FLS vs PPL — Head-to-Head

Bigger by revenue
PPL
PPL
2.2× larger
PPL
$2.3B
$1.1B
FLS
Growing faster (revenue YoY)
PPL
PPL
+13.9% gap
PPL
7.2%
-6.7%
FLS
Higher net margin
PPL
PPL
3.7% more per $
PPL
11.3%
7.6%
FLS
Faster 2-yr revenue CAGR
PPL
PPL
Annualised
PPL
1.0%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLS
FLS
PPL
PPL
Revenue
$1.1B
$2.3B
Net Profit
$81.7M
$266.0M
Gross Margin
35.6%
Operating Margin
11.2%
20.3%
Net Margin
7.6%
11.3%
Revenue YoY
-6.7%
7.2%
Net Profit YoY
10.5%
50.3%
EPS (diluted)
$0.35

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
PPL
PPL
Q1 26
$1.1B
Q4 25
$1.2B
$2.3B
Q3 25
$1.2B
$2.2B
Q2 25
$1.2B
$2.0B
Q1 25
$1.1B
$2.5B
Q4 24
$1.2B
$2.2B
Q3 24
$1.1B
$2.1B
Q2 24
$1.2B
$1.9B
Net Profit
FLS
FLS
PPL
PPL
Q1 26
$81.7M
Q4 25
$-29.0M
$266.0M
Q3 25
$219.6M
$318.0M
Q2 25
$81.8M
$183.0M
Q1 25
$73.9M
$414.0M
Q4 24
$77.5M
$177.0M
Q3 24
$58.4M
$214.0M
Q2 24
$72.6M
$190.0M
Gross Margin
FLS
FLS
PPL
PPL
Q1 26
35.6%
Q4 25
34.8%
Q3 25
32.4%
Q2 25
34.2%
Q1 25
32.3%
Q4 24
31.5%
Q3 24
31.5%
Q2 24
31.6%
Operating Margin
FLS
FLS
PPL
PPL
Q1 26
11.2%
Q4 25
3.5%
20.3%
Q3 25
6.7%
25.4%
Q2 25
12.3%
19.9%
Q1 25
11.5%
26.6%
Q4 24
10.6%
17.2%
Q3 24
9.1%
20.6%
Q2 24
10.5%
20.8%
Net Margin
FLS
FLS
PPL
PPL
Q1 26
7.6%
Q4 25
-2.4%
11.3%
Q3 25
18.7%
14.2%
Q2 25
6.9%
9.0%
Q1 25
6.5%
16.3%
Q4 24
6.6%
8.1%
Q3 24
5.2%
10.3%
Q2 24
6.3%
10.1%
EPS (diluted)
FLS
FLS
PPL
PPL
Q1 26
Q4 25
$-0.21
$0.35
Q3 25
$1.67
$0.43
Q2 25
$0.62
$0.25
Q1 25
$0.56
$0.56
Q4 24
$0.59
$0.23
Q3 24
$0.44
$0.29
Q2 24
$0.55
$0.26

Balance Sheet & Financial Strength

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

Metric
FLS
FLS
PPL
PPL
Cash + ST InvestmentsLiquidity on hand
$792.4M
$1.1B
Total DebtLower is stronger
$18.9B
Stockholders' EquityBook value
$2.3B
$14.9B
Total Assets
$5.7B
$45.2B
Debt / EquityLower = less leverage
1.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
PPL
PPL
Q1 26
$792.4M
Q4 25
$760.2M
$1.1B
Q3 25
$1.1B
Q2 25
$294.0M
Q1 25
$312.0M
Q4 24
$675.4M
$306.0M
Q3 24
$542.0M
Q2 24
$282.0M
Total Debt
FLS
FLS
PPL
PPL
Q1 26
Q4 25
$1.6B
$18.9B
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
$16.5B
Q3 24
Q2 24
Stockholders' Equity
FLS
FLS
PPL
PPL
Q1 26
$2.3B
Q4 25
$2.2B
$14.9B
Q3 25
$2.3B
$14.4B
Q2 25
$2.2B
$14.3B
Q1 25
$2.1B
$14.3B
Q4 24
$2.0B
$14.1B
Q3 24
$2.1B
$14.1B
Q2 24
$2.0B
$14.1B
Total Assets
FLS
FLS
PPL
PPL
Q1 26
$5.7B
Q4 25
$5.7B
$45.2B
Q3 25
$5.8B
$43.9B
Q2 25
$5.7B
$42.4B
Q1 25
$5.5B
$41.8B
Q4 24
$5.5B
$41.1B
Q3 24
$5.3B
$40.5B
Q2 24
$5.2B
$39.8B
Debt / Equity
FLS
FLS
PPL
PPL
Q1 26
Q4 25
0.72×
1.27×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
1.17×
Q3 24
Q2 24

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
PPL
PPL
Operating Cash FlowLast quarter
$548.0M
Free Cash FlowOCF − Capex
$-614.0M
FCF MarginFCF / Revenue
-26.1%
Capex IntensityCapex / Revenue
49.5%
Cash ConversionOCF / Net Profit
2.06×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLS
FLS
PPL
PPL
Q1 26
Q4 25
$-174.0K
$548.0M
Q3 25
$401.8M
$966.0M
Q2 25
$154.1M
$602.0M
Q1 25
$-49.9M
$513.0M
Q4 24
$197.3M
$511.0M
Q3 24
$178.5M
$781.0M
Q2 24
$-12.8M
$766.0M
Free Cash Flow
FLS
FLS
PPL
PPL
Q1 26
Q4 25
$-25.6M
$-614.0M
Q3 25
$384.7M
$-179.0M
Q2 25
$137.5M
$-328.0M
Q1 25
$-61.7M
$-280.0M
Q4 24
$168.5M
$-349.0M
Q3 24
$154.6M
$102.0M
Q2 24
$-27.5M
$96.0M
FCF Margin
FLS
FLS
PPL
PPL
Q1 26
Q4 25
-2.1%
-26.1%
Q3 25
32.8%
-8.0%
Q2 25
11.6%
-16.1%
Q1 25
-5.4%
-11.0%
Q4 24
14.3%
-15.9%
Q3 24
13.6%
4.9%
Q2 24
-2.4%
5.1%
Capex Intensity
FLS
FLS
PPL
PPL
Q1 26
Q4 25
2.1%
49.5%
Q3 25
1.5%
51.2%
Q2 25
1.4%
45.6%
Q1 25
1.0%
31.2%
Q4 24
2.4%
39.3%
Q3 24
2.1%
32.7%
Q2 24
1.3%
35.8%
Cash Conversion
FLS
FLS
PPL
PPL
Q1 26
Q4 25
2.06×
Q3 25
1.83×
3.04×
Q2 25
1.89×
3.29×
Q1 25
-0.68×
1.24×
Q4 24
2.55×
2.89×
Q3 24
3.06×
3.65×
Q2 24
-0.18×
4.03×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLS
FLS

Segment breakdown not available.

PPL
PPL

Rhode Island Regulated$539.0M23%
Other$532.0M23%
Residential$451.0M19%
Nonrelated Party$425.0M18%
Transmission$228.0M10%
Commercial$117.0M5%
Wholesale Other$23.0M1%
Industrial$14.0M1%
Related Party$13.0M1%
Wholesale Municipal$6.0M0%

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