Flowserve reaffirms 2026 guidance and 2030 targets amid Starboard engagement

Flowserve responded to a letter from activist investor Starboard Value LP, reaffirming its 2026 guidance including adjusted operating margin expansion and double-digit adjusted EPS growth, along with 2030 targets for mid-single digit organic sales CAGR and 20% adjusted operating margin. The company highlighted 860 basis points of margin improvement since 2022 and noted strong cash generation supporting capital deployment including the Trillium Flow Technologies Valves Division acquisition and $365 million in shareholder returns in 2025.