Fluor Corporation (FLR) Stock Analysis
Industrials · Engineering & Construction · NYSE
Fluor Corporation (FLR) posted $15.50B in revenue for fiscal 2025 (down 5.0% year over year), with a net loss of $51.00M, and has compounded revenue about -0.4%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Fluor Corporation
Fluor Corporation has grown revenue from $19.04B to $15.50B over the last 10 fiscal years, compounding about -0.4% a year. The most recent year was down 5%, so growth has cooled from its longer-run pace.
Net margin sits at -0.3%, down 13.4 points year over year on a -0.8% gross margin. It carries about $1.07B of total debt.
The one thing worth a second look in the filings is reported earnings run ahead of cash.
Synthesised from Fluor Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
Fluor Corporation revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.04B | $14.81B | $18.85B | $15.45B | $15.79B | $14.16B | $13.74B | $15.47B | $16.32B | $15.50B |
| Gross profit | $790.32M | $277.73M | $569.38M | $-206.05M | $410.00M | $454.00M | $355.00M | $477.00M | $574.00M | $-120.00M |
| Net income | $281.40M | $153.67M | $173.47M | $-1.52B | $-435.00M | $-440.00M | $106.00M | $83.00M | $2.15B | $-51.00M |
| Net margin | 1.5% | 1.0% | 0.9% | -9.8% | -2.8% | -3.1% | 0.8% | 0.5% | 13.1% | -0.3% |
Source: Fluor Corporation SEC filings (10-K). 19 years of history available in the interactive view.
Fluor Corporation: 3 potential red flags in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Reported earnings run ahead of cashOver 3 years net income totalled $2177M but operating cash flow only $653M — earnings aren't fully backed by cash, an accruals flag worth investigating.
- Debt with negative operating cash flowCarries $1070M of debt while last year's operating cash flow was negative ($-387M).
- Currently unprofitableThe latest fiscal year was a net loss (net margin -0.3%).
Explore 19 years of Fluor Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Fluor Corporation financial history by metric
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About Fluor Corporation
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.
Fluor Corporation — frequently asked questions
What is Fluor Corporation's revenue?
Fluor Corporation (FLR) reported revenue of $15.50B for fiscal year 2025, down 5.0% from the prior year, according to its SEC filings.
Is Fluor Corporation profitable?
No — FLR reported a net loss of $-51.00M in fiscal 2025.
What is FLR's P/E ratio?
Fluor Corporation trades at a price-to-earnings ratio of about 21.5 based on the latest data in our nightly-refreshed cache.
How fast is Fluor Corporation growing?
FLR's revenue grew at roughly -0.4% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Fluor Corporation have?
As of fiscal year 2025, FLR carried roughly $1.07B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Fluor Corporation's gross margin?
FLR's gross margin was -0.8% in fiscal 2025 — gross profit of $-120.00M on revenue of $15.50B.
What is Fluor Corporation's market cap?
Fluor Corporation (FLR) has a market capitalization of about $6.57B, based on the latest data in our nightly-refreshed cache.
When does Fluor Corporation's fiscal year end?
FLR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from Fluor Corporation's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.