Fluor Corporation
NYSE•FLR
CEO: Mr. David Edward Constable B.Sc.
Sector: Industrials
Industry: Engineering & Construction
Listing Date: 2000-12-01
Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources. It also provides consulting services, including feasibility studies, process assessments, and project finance structuring; and a range of services for small modular reactor technologies, conventional and advanced nuclear reactor technologies. This segment serves the production and fuels, chemicals, LNG, power markets, chemicals and petrochemical industries. The Urban Solutions segment offers EPC and project management services to the infrastructure, advanced technologies, life sciences, and mining and metals industries. This segment also provides staffing services to the company and third-party clients with technical, professional, and craft resources on a contract or permanent placement basis. The Mission Solutions segment offers technical solutions to the U.S. and other governments. 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. This segment offers site management, environmental remediation, and decommissioning for nuclear remediation at governmental facilities, as well as services to commercial nuclear clients. Fluor Corporation was founded in 1912 and is headquartered in Irving, Texas.
Contact Information
Market Cap
$7.35B
P/E (TTM)
2.3
48.6
Dividend Yield
--
52W High
$57.50
52W Low
$29.20
52W Range
Rank53Top 76.1%
2.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q3 2025 Data
Revenue
$3.37B-17.73%
4-Quarter Trend
EPS
-$4.30-1443.75%
4-Quarter Trend
FCF
$273.00M-2.15%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Nine Month Earnings Surge Net earnings attributable to Fluor reached $1.522B for 9ME 2025, up significantly from $282M reported in 2024.
NuScale Valuation Drives Results Investment in NuScale generated $2.418B in equity method earnings for 9ME 2025, offsetting operational pressures.
Backlog Stability Maintained Total backlog stood at $28.236B as of September 30, 2025, slightly below the $28.484B reported at year-end 2024.
Strong Cash Position Maintained Cash and marketable securities totaled $2.776B at period end, supporting liquidity needs and credit facility capacity.
Risk Factors
Santos Project Revenue Reversal Recognized $653M revenue reversal in 3ME 2025 due to appeal of Australian court ruling; appeal process ongoing.
Quarterly Net Earnings Loss Fluor reported a net loss of $(697)M for the 3ME 2025 period, heavily impacted by NuScale mark-to-market loss.
Energy Solutions Profit Decline Segment profit declined due to Santos revenue reversal and slowdown in Mexico joint venture execution activities.
Performance Guarantee Exposure Maximum potential future payments under outstanding performance guarantees were estimated to be $13B as of September 30, 2025.
Outlook
NuScale Monetization Strategy Expect structured sale program for converted NuScale shares to be completed by the end of April 2026.
Targeted Share Repurchase Targeting approximately $800M stock repurchase between November 2025 and February 2026 using operating cash flow.
Mexico JV Execution Restart Began controlled restart of Mexico joint venture execution activities following significant progress payments received.
Tax Law Changes Evaluation Evaluating potential impact of new OBBB Act tax reforms, though no material impact was noted for current periods.
Peer Comparison
Revenue (TTM)
PWR$27.06B
EME$16.24B
ACM$16.14B
Gross Margin (Latest Quarter)
30.1%
J24.3%
GLDD22.4%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| PWR | $69.90B | 68.6 | 13.1% | 26.5% |
| EME | $31.08B | 27.5 | 36.8% | 4.9% |
| J | $16.37B | 58.2 | 7.3% | 24.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-7.5%
Growth Under Pressure
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention
Research & Insights
Next earnings:Feb 17, 2026
EPS:$0.34
|Revenue:$4.27B
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 7, 2025|Revenue: $3.37B-17.7%|EPS: $-4.30-1443.8%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $3.98B-5.9%|EPS: $14.93+1408.1%MeetForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 2, 2025|Revenue: $3.98B+6.6%|EPS: $-1.42-505.7%MissForm 10-K/A - FY 2024
Period End: Dec 31, 2024|Filed: Mar 7, 2025|Revenue: $16.32B+5.4%|EPS: $12.48+2169.1%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 18, 2025|Refer to amended dataForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 8, 2024|Revenue: $4.09B+3.3%|EPS: $0.32-72.7%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Aug 2, 2024|Revenue: $4.23B+7.3%|EPS: $0.99+175.0%BeatForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $3.73B-0.5%|EPS: $0.35-142.7%Miss