FLUOR CORP FLR
Fluor is dedicated to building a better world by applying our world-class expertise to solve our clients' greatest challenges. We deliver professional and technical solutions that emphasize safety, operational excellence and capital efficiency for our clients. Incorporated in Delaware in September 2000, Fluor and its predecessors have served clients for over 110 years, consistently supporting development and progress. We believe we are poised to continue helping our clients meet similar needs into the foreseeable future.
Through our subsidiaries and joint ventures, we stand among the world's leading professional services firms, offering EPC and project management services. We provide these services to our clients in diverse industries worldwide including life sciences, advanced technologies and manufacturing, data centers, mining and metals, gas and nuclear derived power, infrastructure, chemicals, LNG, and oil and gas production and fuels. We are also a service provider to the U.S. federal government and governments abroad.
Valuation FY2025 figures against the last close
Where the revenue comes from as reported in the latest 10-K
Revenue by geography
- North America
- Europe
- Asia Pacific (includes Australia)
- Central and South America
- Other
| Region | FY2025 |
|---|---|
| North America | $11.31B |
| Europe | $2.90B |
| Asia Pacific (includes Australia) | $604.0M |
| Central and South America | $538.0M |
| Other | $152.0M |
As the company reported it, from the “Operating Information by Segment and Geographic Area - External Revenue and Total Assets by Geographic Area (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.50B | $16.32B | $15.47B | $13.74B | $14.16B | $15.79B | $15.45B | $18.85B | $14.81B | $19.04B |
| Cost of revenue | $15.62B | $15.74B | $15.00B | $13.39B | $13.70B | $15.38B | $15.66B | $18.28B | $14.53B | $18.25B |
| Gross profit | -$120.0M | $574.0M | $477.0M | $355.0M | $454.0M | $410.0M | -$206.1M | $569.4M | $277.7M | $790.3M |
| SG&A | $196.0M | $203.0M | $232.0M | $237.0M | $226.0M | $215.0M | $139.8M | $121.2M | $183.7M | $191.1M |
| Operating income | -$378.0M | $463.0M | $147.0M | $209.0M | -$273.0M | -$232.0M | -$828.3M | $510.0M | $213.2M | — |
| Interest expense | $42.0M | $46.0M | $60.0M | $59.0M | $90.0M | $72.0M | $64.9M | $77.1M | $67.5M | $69.7M |
| Pre-tax income | -$101.0M | $2.72B | $315.0M | $244.0M | -$346.0M | -$278.0M | -$839.5M | $385.7M | $53.8M | $546.6M |
| Income tax | $39.0M | $634.0M | $236.0M | $171.0M | $20.0M | $23.0M | $482.0M | $173.3M | $16.4M | $219.2M |
| Net income | -$51.0M | $2.15B | $139.0M | $145.0M | -$440.0M | -$435.0M | -$1.52B | $173.5M | $153.7M | $281.4M |
| EPS, basic | -0.31 | 12.48 | 0.55 | 0.75 | — | -3.10 | -10.87 | 1.24 | 1.10 | 2.02 |
| EPS, diluted | -0.31 | 12.30 | 0.54 | 0.73 | — | -3.10 | -10.87 | 1.23 | 1.09 | 2.00 |
| Shares, diluted (wtd. avg.) | 164.0M | 174.0M | 153.0M | 145.0M | 141.0M | 141.0M | 140.1M | 141.3M | 140.9M | 140.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $2.13B | $2.83B | $2.52B | $2.44B | $2.21B | $2.20B | $2.00B | $1.76B | $1.80B | $1.85B |
| Short-term investments | $59.0M | $130.0M | $69.0M | $185.0M | $127.0M | $23.3M | $7.3M | $101.1M | $142.5M | $111.0M |
| Total current assets | $6.44B | $5.17B | $5.06B | $5.04B | $5.18B | $5.03B | $5.37B | $5.46B | $5.71B | $5.61B |
| Property, plant and equipment | $464.0M | $494.0M | $458.0M | $447.0M | $456.0M | $463.8M | $594.8M | $753.9M | $776.5M | $1.02B |
| Goodwill | — | $199.0M | $206.0M | $206.0M | $249.0M | $207.4M | $508.4M | $491.5M | $514.5M | $532.2M |
| Other intangibles | — | — | — | — | — | $77.6M | $106.5M | $158.0M | $188.4M | $190.3M |
| Total assets | $8.24B | $9.14B | $6.97B | $6.83B | $7.09B | $7.31B | $7.97B | $9.15B | $9.47B | $9.22B |
| Accounts payable | $1.48B | $1.22B | $1.21B | $1.02B | $1.22B | $1.12B | $1.55B | $1.39B | $1.19B | $1.59B |
| Short-term debt | — | — | $0 | $152.0M | $18.0M | $4.9M | $38.7M | $80.6M | $28.8M | $82.2M |
| Total current liabilities | $3.38B | $3.07B | $3.16B | $3.22B | $3.61B | $3.57B | $3.91B | $3.92B | $4.21B | $3.82B |
| Long-term debt | $1.07B | $1.10B | $1.16B | $978.0M | $1.17B | $1.70B | $1.65B | $1.58B | $1.61B | $1.52B |
| Retained earnings | $3.06B | $3.12B | $979.0M | $896.0M | $791.0M | $1.25B | $1.70B | $3.23B | $3.18B | $3.58B |
| Total equity | $3.24B | $3.95B | $2.05B | $2.00B | $1.57B | $1.26B | $1.58B | $2.98B | $3.40B | $3.19B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$387.0M | $828.0M | $212.0M | $31.0M | $25.0M | $186.0M | $219.0M | $162.2M | $602.0M | $705.9M |
| Depreciation and amortisation | $68.0M | $73.0M | $74.0M | $73.0M | $74.0M | $105.0M | $154.6M | $197.6M | $206.1M | $211.1M |
| Stock-based compensation | $30.0M | $31.0M | $48.0M | $19.0M | $32.0M | $22.0M | $36.1M | $43.0M | $40.7M | $40.1M |
| Capital expenditure | $50.0M | $164.0M | $106.0M | $75.0M | $75.0M | $113.0M | $180.8M | $211.0M | $283.1M | $235.9M |
| Investing cash flow | $437.0M | -$333.0M | -$277.0M | -$78.0M | -$122.0M | -$41.0M | $80.5M | $1.4M | -$484.3M | -$741.4M |
| Financing cash flow | -$797.0M | -$116.0M | $127.0M | $315.0M | $122.0M | $48.0M | -$77.3M | -$140.5M | -$215.5M | -$10.3M |
| Dividends paid | — | — | — | — | — | $28.7M | $118.1M | $118.7M | $118.0M | $118.0M |
| Buybacks | $754.0M | $125.0M | $0 | $0 | — | $0 | $0 | $50.0M | $0 | $9.7M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001124198-26-000025.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.04B | $14.81B | $18.85B | $15.45B | $15.79B | $14.16B | $13.74B | $15.47B | $16.32B | $15.50B |
| Gross profit | $790.3M | $277.7M | $569.4M | -$206.1M | $410.0M | $454.0M | $355.0M | $477.0M | $574.0M | -$120.0M |
| Net income | $281.4M | $153.7M | $173.5M | -$1.52B | -$435.0M | -$440.0M | $145.0M | $139.0M | $2.15B | -$51.0M |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Results announced Item 2.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Officer or director change Item 5.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Officer or director change Item 5.02
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Results announced Item 2.02
- Officer or director change Item 5.02
- Results announced Item 2.02
- Officer or director change Item 5.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 1600
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| J | JACOBS SOLUTIONS INC. | $16.98B | 60.9x | 4.6% |
| STRL | STERLING INFRASTRUCTURE, INC. | $10.87B | 37.9x | 17.7% |
| KBR | KBR, INC. | $4.95B | 12.2x | 1.0% |
| GVA | GRANITE CONSTRUCTION INC | $4.66B | 27.6x | 10.4% |
| ROAD | Construction Partners, Inc. | $4.64B | 45.1x | 54.2% |
| ORN | Orion Group Holdings Inc | $352.6M | 145.2x | 7.0% |
| SHIM | Shimmick Corp | $95.9M | — | 2.6% |
| SLND | Southland Holdings, Inc. | $40.3M | — | -21.2% |