Fluor Corp (FLR)

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide. The company operates through three segments: Urban Solutions, Energy Solutions, and Mission Solutions. The Urban Solutions segment offers EPC and project management services to the advanced technologies and manufacturing, life sciences, mining and metals, and infrastructure industries. This segment also provides professional staffing services to the company and third-party clients with technical, professional, and craft resources on a contract or permanent placement basis, as well as maintenance services. The Energy Solutions segment offers EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG, and power markets. This segment also provides solutions to the energy transition markets, including nuclear power and other low-carbon energy sources, asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, and hydrogen; and consulting services, such as feasibility studies, process assessments, and project finance structuring. The Mission Solutions segment offers technical solutions to the U.S. and other governments, as well as it provides site management, environmental remediation, and decommissioning for nuclear remediation at governmental facilities, as well as services to commercial nuclear clients. It also delivers solutions for nuclear security and operation, nuclear waste management, and laboratory management; and operation and maintenance, logistics, EPC, and life support solutions for mission-critical facilities across U.S. military service organizations. The company was founded in 1912 and is headquartered in Irving, Texas.

Symbol
FLR
Exchange
NYSE
Sector
Industrials
Industry
Engineering & Construction
Market cap
$7.19B
52 week range
39.33 - 58.35

Valuation

Share price
$53.06 (close of 2026-09-23)
P/E (TTM)
-4.46x
Price to book
2.58x
Price to free cash flow
-21.80x
Enterprise value
$5.34B
Book value per share
$20.54

Price performance

PeriodChange
1 day-3.07%
5 days-1.81%
1 month+1.22%
3 months-0.58%
6 months+12.99%
Year to date+33.89%
1 year+20.51%
3 years+43.91%
5 years+232.46%
10 years+7.89%
All time+293.04%

Profitability and growth

Return on equity
-1.56%
Return on invested capital
-15.33%
Return on assets
-0.62%
Return on capital employed
-7.78%
Gross margin
-0.77%
Net margin
-0.33%
EBITDA margin
-2.00%
Revenue growth
-4.98%
Net income growth
-102.38%
Free cash flow growth
-165.81%

Cash flow and balance sheet

Free cash flow yield (TTM)
-4.59%
Current ratio
1.80x
Net debt to EBITDA
46.27x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$15.50B
Cost of revenue
$15.62B
Gross profit
$-120.00M
EBITDA
$-310.00M
Net income
$-51.00M
Earnings per share
$-0.31
Shares outstanding
164.00M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$15.50B$-120.00M$-51.00M$-0.31
2024-12-31$16.32B$574.00M$2.15B$12.48
2023-12-31$15.47B$477.00M$139.00M$0.55
2022-12-31$13.74B$355.00M$145.00M$0.75
2021-12-31$14.16B$454.00M$-440.00M$-3.12
2020-12-31$15.79B$410.00M$-435.00M$-3.10
2019-12-31$15.45B$-206.05M$-1.52B$-10.87
2018-12-31$18.85B$569.38M$173.47M$1.24
2017-12-31$14.81B$277.73M$153.67M$1.10
2016-12-31$19.04B$790.32M$281.40M$2.02

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-0.77%-0.33%-1.56%-15.33%
2024-12-313.52%13.15%53.73%10.21%
2023-12-313.08%0.90%6.77%10.64%
2022-12-312.58%1.06%7.26%15.21%
2021-12-313.21%-3.11%-28.08%-49.64%
2020-12-312.60%-2.76%-34.44%-30.12%
2019-12-31-1.33%-9.85%-96.10%-64.85%
2018-12-313.02%0.92%5.82%11.59%
2017-12-311.88%1.04%4.52%6.12%
2016-12-314.15%1.48%8.82%-

Cash and debt by year

Period endCashDebt
2025-12-31$2.13B$1.07B
2024-12-31$2.83B$1.10B
2023-12-31$2.52B$1.16B
2022-12-31$2.44B$978.00M
2021-12-31$2.21B$1.17B
2020-12-31$2.20B$1.70B
2019-12-31$2.00B$1.65B
2018-12-31$1.76B$1.66B
2017-12-31$1.80B$1.59B
2016-12-31$1.85B$1.52B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-437.00M$30.00M
2024-12-31$664.00M$31.00M
2023-12-31$106.00M$48.00M
2022-12-31$-44.00M$19.00M
2021-12-31$-50.00M$32.00M
2020-12-31$73.00M$22.00M
2019-12-31$38.18M$36.08M
2018-12-31$-48.83M$43.03M
2017-12-31$318.86M$40.67M
2016-12-31$470.01M$40.09M

Dividend history

Most recent payment
2020-02-28
Payment dateDividend per share
2020-02-28$0.10
2019-12-03$0.10
2019-09-03$0.21
2019-05-31$0.21
2019-03-01$0.21
2018-12-03$0.21
2018-08-31$0.21
2018-05-31$0.21

Investor relations

Next earnings report

Next confirmed report
2026-11-06
Consensus EPS estimate
$0.85

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-07Jun/2026$0.73
2026-05-08--
2026-02-17--
2025-11-07--
2025-08-01--
2025-05-02--
2025-02-18--
2024-11-08--

Filings and sources

Company website
fluor.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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