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.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $15.5B | $-201M | $-51M | $-437M | -1.6% | -5.0% | -102.4% |
| 2024 | $16.3B | $732M | $2.1B | $664M | 54.3% | 5.4% | 1443.2% |
| 2023 | $15.5B | $449M | $139M | $106M | 7.2% | 12.6% | -4.1% |
| 2022 | $13.7B | $376M | $145M | $-44M | 8.1% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 13,744 | 15,474 | 16,315 | 15,503 |
| Operating Revenue | - | 13,744 | 15,474 | 16,315 | 15,503 |
| Cost Of Revenue | - | 13,389 | 14,997 | 15,741 | 15,623 |
| Gross Profit | - | 355 | 477 | 574 | -120 |
| Operating Expense | - | 242 | 218 | 190 | 149 |
| Selling General And Administration | - | 242 | 218 | 190 | 149 |
| Total Expenses | - | 13,631 | 15,215 | 15,931 | 15,772 |
| Operating Income | - | 113 | 259 | 384 | -269 |
| Total Operating Income As Reported | - | 209 | 147 | 463 | -378 |
| EBITDA | - | 376 | 449 | 732 | -201 |
| Normalized EBITDA | - | 280 | 561 | 653 | -92 |
| EBIT | - | 303 | 375 | 659 | -269 |
| Interest Income | - | 94 | 228 | 196 | 109 |
| Interest Expense | - | 59 | 60 | 46 | 42 |
| Net Interest Income | - | 35 | 168 | 150 | 67 |
| Other Income Expense | - | 96 | -112 | 79 | -109 |
| Interest Income Non Operating | - | 94 | 228 | 196 | 109 |
| Interest Expense Non Operating | - | 59 | 60 | 46 | 42 |
| Net Non Operating Interest Income Expense | - | 35 | 168 | 150 | 67 |
| Pretax Income | - | 244 | 315 | 613 | -311 |
| Tax Provision | - | 171 | 236 | 634 | -39 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 20.16 | -23.52 | 16.59 | -42.51 |
| Net Income Continuous Operations | - | 73 | 79 | 2,084 | -62 |
| Net Income From Continuing And Discontinued Operation | - | 145 | 139 | 2,145 | -51 |
| Net Income From Continuing Operation Net Minority Interest | - | 145 | 139 | 2,145 | -51 |
| Net Income | - | 145 | 139 | 2,145 | -51 |
| Net Income Common Stockholders | - | 106 | 83 | 2,145 | -51 |
| Net Income Including Noncontrolling Interests | - | 73 | 79 | 2,084 | -62 |
| Normalized Income | - | 69.16 | 227.48 | 2,082.59 | 15.49 |
| Diluted NI Availto Com Stockholders | - | 106 | 83 | 2,145 | -51 |
| Basic Average Shares | - | 142 | 150 | 172 | 164 |
| Diluted Average Shares | - | 145 | 153 | 174 | 164 |
| Reconciled Depreciation | - | 73 | 74 | 73 | 68 |
| Reconciled Cost Of Revenue | - | 13,389 | 14,997 | 15,741 | 15,623 |
| Total Unusual Items | - | 96 | -112 | 79 | -109 |
| Total Unusual Items Excluding Goodwill | - | 96 | -112 | 79 | -109 |
| Preferred Stock Dividends | 24 | 39 | 56 | - | - |
| Minority Interests | - | 72 | 60 | 61 | 11 |
| Net Income Discontinuous Operations | -35 | 0 | 0 | - | - |
| Earnings From Equity Interest Net Of Tax | - | 0 | 0 | 2,105 | 210 |
| Special Income Charges | - | 71 | -14 | -13 | -47 |
| Other Special Charges | 198 | -37 | 3 | - | 4 |
| Write Off | 261 | -24 | 0 | 0 | - |
| Impairment Of Capital Assets | 29 | 40 | - | - | - |
| Restructuring And Mergern Acquisition | - | 1 | 11 | 13 | 43 |
| Gain On Sale Of Security | - | 25 | -98 | 92 | -62 |
| General And Administrative Expense | - | 242 | 218 | 190 | 149 |
| Other Gand A | - | 242 | 218 | 190 | 149 |
| Salaries And Wages | 198 | -42 | 0 | - | - |
| Gain On Sale Of Ppe | 13 | 11 | 0 | 0 | - |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Fluor Corporationthis co. | FLR | $7.0B | -138.05 | 2.17 | -1.6% | -29.73 |
| EnerSys | ENS | $8.7B | 29.65 | 4.57 | 15.4% | 18.49 |
| Commercial Metals Company | CMC | $8.5B | 99.90 | 2.02 | 2.0% | 19.98 |
| Terex Corporation | TEX | $7.2B | 32.39 | 3.42 | 10.5% | 14.31 |
| Brookfield Business Corporation | BBUC | $6.8B | 262.64 |
| - |
| - |
| - |
| - |
| - |
| 2.98 |
| 1.1% |
| 6.66 |
| Firefly Aerospace Inc. | FLY | $6.8B | -22.75 | 5.70 | -25.1% | -21.68 |
| Construction Partners, Inc. | ROAD | $6.4B | 62.73 | 7.00 | 11.2% | 21.22 |
| GATX Corporation | GATX | $6.1B | 18.44 | 2.23 | 12.1% | 16.11 |
| Intuitive Machines, Inc. | LUNR | $5.4B | -64.78 | -7.15 | 11.0% | -54.52 |
| Peer Median | - | 31.02 | 3.20 | 10.8% | 15.21 | |
Historically, Oct has averaged the highest return (+11.9%); Apr the lowest (-2.5%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +16.6%Positive MonthJan 2026: +16.55% | +13.2%Positive MonthFeb 2026: +13.25% | -10.8%Negative MonthMar 2026: -10.82% | +14.4%Positive MonthApr 2026: +14.36% | -14.2%Negative MonthMay 2026: -14.23% | +14.5%Positive MonthJun 2026: +14.49% | -4.2%Negative MonthJul 2026: -4.24% | +7.8%*Positive MonthAug 2026: +7.75% | — | — | — | — |
| 2025 | -2.3%Negative MonthJan 2025: -2.25% | -21.1%Negative MonthFeb 2025: -21.12% | -5.8%Negative MonthMar 2025: -5.81% | -2.6%Negative MonthApr 2025: -2.60% | +19.2%Positive MonthMay 2025: +19.17% | +23.3%Positive MonthJun 2025: +23.30% | +10.7%Positive MonthJul 2025: +10.73% | -27.7%Negative MonthAug 2025: -27.74% | +2.6%Positive MonthSep 2025: +2.56% | +15.9%Positive MonthOct 2025: +15.93% | -12.0%Negative MonthNov 2025: -11.97% | -7.7%Negative MonthDec 2025: -7.69% |
| 2024 | -3.7%Negative MonthJan 2024: -3.73% | -2.4%Negative MonthFeb 2024: -2.41% | +14.9%Positive MonthMar 2024: +14.89% | -4.6%Negative MonthApr 2024: -4.61% | +7.6%Positive MonthMay 2024: +7.61% | +0.3%Neutral MonthJun 2024: +0.35% | +10.4%Positive MonthJul 2024: +10.45% | +4.1%Positive MonthAug 2024: +4.10% | -4.7%Negative MonthSep 2024: -4.71% | +9.6%Positive MonthOct 2024: +9.58% | +7.4%Positive MonthNov 2024: +7.36% | -12.1%Negative MonthDec 2024: -12.13% |
| 2023 | +6.0%Positive MonthJan 2023: +6.03% | -0.2%Neutral MonthFeb 2023: -0.22% | -15.7%Negative MonthMar 2023: -15.71% | -6.0%Negative MonthApr 2023: -5.99% | -8.6%Negative MonthMay 2023: -8.60% | +11.4%Positive MonthJun 2023: +11.45% | +4.7%Positive MonthJul 2023: +4.66% | +12.9%Positive MonthAug 2023: +12.94% | +4.9%Positive MonthSep 2023: +4.89% | -9.3%Negative MonthOct 2023: -9.29% | +14.2%Positive MonthNov 2023: +14.24% | +3.0%Positive MonthDec 2023: +3.00% |
| 2022 | -15.1%Negative MonthJan 2022: -15.06% | +2.9%Positive MonthFeb 2022: +2.95% | +32.5%Positive MonthMar 2022: +32.46% | -13.7%Negative MonthApr 2022: -13.73% | +14.1%Positive MonthMay 2022: +14.06% | -13.8%Negative MonthJun 2022: -13.78% | +4.4%Positive MonthJul 2022: +4.40% | +4.1%Positive MonthAug 2022: +4.05% | -5.9%Negative MonthSep 2022: -5.86% | +21.6%Positive MonthOct 2022: +21.57% | +11.1%Positive MonthNov 2022: +11.07% | +3.1%Positive MonthDec 2022: +3.12% |
| 2021 | — | — | — | — | -19.5%Negative MonthMay 2021: -19.50% | -4.3%Negative MonthJun 2021: -4.32% | -5.9%Negative MonthJul 2021: -5.88% | +0.0%Neutral MonthAug 2021: +0.00% | -4.1%Negative MonthSep 2021: -4.14% | +21.7%Positive MonthOct 2021: +21.73% | +13.7%Positive MonthNov 2021: +13.73% | +12.0%Positive MonthDec 2021: +12.03% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.