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FLRFluor Corporation
$48.61$6.8B
Overview & Verdict
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FLR logoFluor Corporation(FLR)Earnings, Financials & Key Ratios

FLR•NYSE
$48.61
Price updated Jul 7, 2026
SectorIndustrialsIndustryEngineering & ConstructionSub-IndustryEPC and large project delivery
AboutFluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. It operates through four segments: Energy Solutions, Urban Solutions, Mission Solutions, and Other. The Energy Solutions 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, as well as operation support services for nuclear power facilities and managing waste. This segment serves the oil, gas, 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 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. The Other segment researches, develops, licenses, and commercializes small modular nuclear reactor technology. It also provides unionized management and construction services. The company was founded in 1912 and is headquartered in Irving, Texas.Show more
  • Revenue$15.5B-5.0%
  • EBITDA-$295M-155.0%
  • Net Income-$51M-102.4%
  • EPS (Diluted)-0.31-102.5%
  • Gross Margin-0.77%-122.0%
  • EBITDA Margin-1.9%-157.9%
  • Operating Margin-2.34%-182.5%
  • Net Margin-0.33%-102.5%
  • ROE-1.4%-102.0%

FLR Price & Volume

Fluor Corporation (FLR) stock price & volume — 10-year historical chart

Loading chart...

Legacy Project Volatility Masks Operational Turnaround Efforts

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Contracting
Profitability:Negative
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Legacy project margin erosion

Key Thesis Takeaways

  • Fluor is currently navigating a complex transition from legacy fixed-price contracts toward a more stable, cost-reimbursable model, though operational performance remains hampered by persistent margin erosion.
  • While the company maintains a robust liquidity position with $3.2 billion in cash, the extreme volatility in net income and erratic free cash flow conversion suggest that the turnaround remains in a fragile state.
  • Investors should monitor whether the shift in contract mix can sustainably improve operating margins, which were recently reported at -1.3% in 2026Q1.

Verdict Logic

while the $3.2 billion cash position provides a significant liquidity buffer, the persistent negative operating margins and extreme earnings volatility, including a $1.6 billion loss in 2025Q4, warrant a cautious wait-and-see approach.

FLR Growth Metrics

Fluor Corporation (FLR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-1.54%
5 Years1.83%
3 Years4.1%
TTM-8.32%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM-81.03%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM-81.15%

Return on Capital

10 Years1.57%
5 Years1%
3 Years2.23%
Last Year-6.64%

FLR Recent Earnings

Fluor Corporation (FLR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 8, 2026
Metric
Actual
Est
EPS
$0.14-78.8%
$0.66
Rev
$3.7B-5.9%
$3.9B
Q1 2026
Feb 17, 2026
Metric
Actual
Est
EPS
$0.33-2.9%
$0.34
Rev
$4.2B-2.6%
$4.3B
Q4 2025
Nov 7, 2025
Metric
Actual
Est
EPS
$0.68+51.1%
$0.45
Rev
$3.4B-19.8%
$4.2B
Q3 2025
Aug 1, 2025
Metric
Actual
Est
EPS
$0.43-27.1%
$0.59
Rev
$4.0B-5.2%
$4.2B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 8, 2026
$0.14vs $0.66-78.8%
$3.7Bvs $3.9B-5.9%
Q1 2026Feb 17, 2026
$0.33vs $0.34-2.9%
$4.2Bvs $4.3B-2.6%
Q4 2025Nov 7, 2025
$0.68vs $0.45+51.1%
$3.4Bvs $4.2B-19.8%
Q3 2025Aug 1, 2025
$0.43vs $0.59-27.1%
$4.0Bvs $4.2B-5.2%
Based on last 12 quarters of dataView full earnings history →

Latest FLR News

Recent stock market news and headlines for Fluor Corporation (FLR)

247 Wallst·5 days ago
BofA’s Top Strategist Says Ditch the Index and Buy These ‘Boring’ Stocks Instead

Savita Subramanian, Bank of America Securities' head of US equity and quantitative strategy, took to CNBC this week with a simple message. Corporate earnings are "gangbusters", and the trade you actually want is the one no one is memeing about. Her pitch is that cyclicals are cheap, capex is accelerating, and the boring stuff has... BofA's Top Strategist Says Ditch the Index and Buy These 'Boring' Stocks Instead

Business Wire·6 days ago
Fluor Joint Venture Reaches Substantial Completion on Chicago Transit Authority's Red and Purple Line Project

IRVING, Texas--(BUSINESS WIRE)-- #FluorBuildsABetterWorld--Fluor Joint Venture Reaches Substantial Completion on Chicago Transit Authority's Red and Purple Line Project.

Business Wire·6 days ago
Fluor Corporation to Hold Second Quarter Earnings Conference Call

IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its second quarter ended June 30, 2026. The public is invited to listen to the conference call on Friday, August 7, 2026, at 8:30 a.m. Eastern with Chief Executive Officer Jim Breuer and Chief Financial Officer John Regan. Financial results will be released prior to the market open that day. The live webcast and a reply will be available with accompanying slides online at investor.flu.

Zacks Investment Research·Jun 29, 2026
EMCOR vs. Fluor: Which Infrastructure Stock Should You Buy Now?

Growing investment in mission-critical infrastructure, advanced manufacturing, power systems and data center development continues to create attractive opportunities across the engineering and construction industry. Customers are increasingly prioritizing experienced contractors with strong technical expertise, disciplined execution and the ability to deliver large and complex projects from planning through completion.

The Motley Fool·Jun 28, 2026
Where Will Fluor Stock Be in 1 Year?

Fluor overcame some formidable challenges over the past six years. It's in much better shape today, and its stock looks reasonably valued.

Peers Comparison

Key metrics vs top competitors for Fluor Corporation (FLR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
FLR logoFLRFluor CorporationCurrent
$48.61$6.79B-156.81-4.97%-0.33%-1.4%—
J logoJJacobs Solutions Inc.
$130.29$15.38B54.744.6%2.96%9.06%—
KBR logoKBRKBR, Inc.
$36.67$4.65B11.420.57%5.21%26.47%—
WFRD logoWFRDWeatherford International plc
$83.37$6B14.06-10.79%9.49%28.31%—
PWR logoPWRQuanta Services, Inc.
$656.79$98.56B96.5919.76%3.72%12.96%—
MTZ logoMTZMasTec, Inc.
$358.85$28.29B70.7816.22%3%14.16%—

Compare FLR vs Peers

Fluor Corporation (FLR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs J

Most directly comparable listed peer for FLR.

Scale Benchmark

vs CAT

Larger-name benchmark to compare FLR against a more recognizable public peer.

Peer Set

Compare Top 5

vs J, KBR, WFRD, PWR

FLR SEC Filings & Documents

Fluor Corporation (FLR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 8, 2026·SEC

Material company update

Apr 30, 2026·SEC

Material company update

Apr 23, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 18, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

May 8, 2026·SEC

FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 1, 2025·SEC

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FLR Frequently Asked Questions

Fluor Corporation (FLR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Fluor Corporation's revenue?

Fluor Corporation (FLR) reported $15.19B in revenue for fiscal year 2025. This represents a 51% increase from $10.05B in 1996.

How fast is Fluor Corporation growing?

Fluor Corporation (FLR) saw revenue decline by 5.0% over the past year.

Is FLR profitable?

Yes, Fluor Corporation (FLR) is profitable, generating $350.0M in net income for fiscal year 2025 (-0.3% net margin).

Dividend & Returns
What is FLR's return on equity?

Fluor Corporation (FLR) has a return on equity (ROE) of -1.4%. Negative ROE indicates the company is unprofitable.

What is Fluor Corporation's free cash flow?

Fluor Corporation (FLR) had negative free cash flow of $41.0M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in FLR back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →