Fluor Corp

Industrials
Military/Government/Technical
www.fluor.com

Earnings Score
Moat Score
Safety Score

Market Cap $5.83B
PE 3
Debt $1.09B
Cash $2.43B
EV $4.49B
FCF $512.00M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$1.80B
EBIT	$2.74B
ROE	49%
ROA	33%
FCF	$512.00M
Equity	$3.65B
Growth Stability	-668%
PE	3.23
PEG	0.14
PB	1.6
P/FCF	11.39
P/S	0.35
Price/Cash	0.42
Debt/Equity	0.3
Debt/FCF	2.12
Net Margins	-6%
Gross Margins	4%
Op. Margins	17%
Earnings CAGR	2%
Sales Growth YoY	7%
Sales Growth QoQ	-7%
Sales CAGR	-4%
FCF CAGR	-2%
Equity CAGR	-5%
Earnings Stability	0.02
Earnings Growth YoY	-703%
Earnings Growth QoQ	-113%

Earnings CAGR 5Y	23%
Sales CAGR 5Y	3%
FCF CAGR 5Y	25%
Equity CAGR 5Y	21%
Earnings CAGR 3Y	9%
Sales CAGR 3Y	9%
FCF CAGR 3Y	57%
Equity CAGR 3Y	27%
Market Cap	$5.83B
Revenue	$16.56B
Assets	$8.42B
Total Debt	$1.09B
Cash	$2.43B
Shares Outstanding	166.16M
EV	4.49B
Earnings Score	6%
Moat Score	70%
Safety Score	62%
Final Score	46%
Working Capital	2.09B
Current Ratio	1.74
Gross Profit	$615.00M
Shares Growth 3y	5%
Equity Growth QoQ	-9%
Equity Growth YoY	79%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor employs over 40,000 workers in more than 60 countries. The company generated $12.4 billion in revenue in 2021.

SEC Filings

Direct access to Fluor Corp (FLR) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2025
- 10-Q Mar 31
2024
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Fluor Corp compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Fluor Corp compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 2%

Stability 2%

loading chart...

Fluor Corp Discounted Cash Flow

Fully customizable DCF calculator online for Fluor Corp.

Years

Calculation mode

= $4.6B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$512M	$504M	$496M	$488M	$480M	$473M	$465M	$458M	$451M	$444M	$437M	$4.4B
DCF		$458M	$410M	$367M	$328M	$294M	$263M	$235M	$210M	$188M	$168M	$1.7B
Value	$4.6B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Net Margins	2%	1%	1%	1%	-11%	-3%	-4%	1%	1%	13%	-6%
ROA	-	6%	4%	5%	-5%	4%	-1%	4%	5%	30%	33%
ROE	-	9%	5%	7%	-98%	-34%	-30%	4%	4%	52%	49%

Bad Net Margins (-6.05%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	TTM
Debt over FCF	-	3.4	5.08	-34.58	44.28	23.96	-23.49	-25.68	10.92	1.66	2.12
Debt over Equity	0.32	0.49	0.46	0.54	1.07	1.37	0.75	0.57	0.56	0.28	0.3
Growth Stability	-	-	-	76%	-668%	-	-	-	-	-	-668%

Neutral Debt/FCF ratio (2.12)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Good Debt/Equity ratio (0.3)

The company is not overleveraged and has a good balance between equity and debt.

Bad Graham’s Stability (-668%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	12/2024	CAGR 5Y
Revenue YoY growth	-	5%	3%	-2%	-25%	9%	-21%	11%	13%	5%	3%
Earnings YoY growth	-	-32%	-32%	17%	-791%	-72%	7%	-116%	8%	3K%	23%
Equity YoY growth	-	4%	8%	-11%	-49%	-20%	24%	27%	3%	95%	21%
FCF YoY growth	-	-23%	-32%	-115%	-178%	90%	-169%	-12%	-341%	526%	25%