(FLR) Fluor - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: NYSE (USA) | Market Cap: 5.940m USD | Total Return: 3.1% in 12m
Avg Turnover: 137M
EPS Trend: -25.1%
Qual. Beats: -1
Rev. Trend: 29.3%
Qual. Beats: -4
Warnings
High Debt/EBITDA (6.5) with thin interest coverage (-11.7)
Interest Coverage Ratio -11.7 is critical
Choppy
Tailwinds
Confidence
Fluor Corporation (NYSE: FLR) is a global engineering, procurement, and construction (EPC) firm headquartered in Irving, Texas. Founded in 1912, the company operates across three primary segments: Urban Solutions, Energy Solutions, and Mission Solutions. These divisions provide specialized project management, fabrication, and technical services to diverse sectors including infrastructure, life sciences, mining, and traditional oil and gas markets.
The EPC business model typically relies on large-scale, multi-year contracts where revenue is recognized based on project milestones or cost-plus arrangements. In the construction and engineering sector, firms like Fluor are increasingly pivoting toward energy transition projects, such as carbon capture and hydrogen production, to diversify away from traditional fossil fuel volatility. The Mission Solutions segment adds a layer of stability through long-term government contracts for nuclear remediation and military logistics.
You may find additional insights on the companys financial health by exploring the data at ValueRay. Fluor’s Urban Solutions segment further differentiates the business by providing professional staffing and maintenance services, offering a recurring revenue stream alongside its capital-intensive construction projects.
- Backlog growth in high-margin mining and advanced technology projects
- Energy transition shift toward nuclear and carbon capture fuels revenue
- Shift from fixed-price to cost-reimbursable contracts stabilizes profit margins
- Federal infrastructure spending and defense logistics drive Mission Solutions growth
- Volatile global commodity prices impact capital expenditure cycles for energy clients
| Net Income: 350.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -16.47 > 1.0 |
| NWC/Revenue: 17.60% < 20% (prev 12.63%; Δ 4.97% < -1%) |
| CFO/TA 0.00 > 3% & CFO 9.00m > Net Income 350.0m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 1.78 > 1.5 & < 3 |
| Outstanding Shares: last quarter (176.0m) vs 12m ago 0.0% < -2% |
| Gross Margin: -1.63% > 18% (prev 0.04%; Δ -166.4% > 0.5%) |
| Asset Turnover: 185.8% > 50% (prev 196.6%; Δ -10.81% > 0%) |
| Interest Coverage Ratio: -11.65 > 6 (EBITDA TTM -400.0m / Interest Expense TTM 40.0m) |
| A: 0.34 (Total Current Assets 6.08b - Total Current Liabilities 3.41b) / Total Assets 7.92b |
| B: 0.40 (Retained Earnings 3.16b / Total Assets 7.92b) |
| C: -0.06 (EBIT TTM -466.0m / Avg Total Assets 8.17b) |
| D: 0.58 (Book Value of Equity 2.87b / Total Liabilities 4.97b) |
| Altman-Z'' = 3.74 = AA |
| DSRI: 1.07 (Receivables 2.18b/2.23b, Revenue 15.2b/16.6b) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.48 (AQ_t 0.17 / AQ_t-1 0.36) |
| SGI: 0.92 (Revenue 15.2b / 16.6b) |
| TATA: 0.04 (NI 350.0m - CFO 9.00m) / TA 7.92b) |
| Beneish M = -3.29 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 44.87 with a total of 1,596,499 shares traded.
Over the past week, the price has changed by +1.15%,
over one month by -6.97%,
over three months by -15.50% and
over the past year by +3.05%.
Fluor has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy FLR.
- StrongBuy: 6
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 50.7 | 13% |
P/E Trailing = 19.4201
P/E Forward = 16.8634
P/S = 0.3912
P/B = 2.1568
P/EG = 1.1043
Revenue TTM = 15.2b USD
EBIT TTM = -466.0m USD
EBITDA TTM = -400.0m USD
Long Term Debt = 1.07b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 1.07b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.60b USD (calculated: Debt 1.07b - CCE 3.67b)
Enterprise Value = 3.34b USD (5.94b + Debt 1.07b - CCE 3.67b)
Interest Coverage Ratio = -11.65 (Ebit TTM -466.0m / Interest Expense TTM 40.0m)
EV/FCF = 9.17x (Enterprise Value 3.34b / FCF TTM 364.0m)
FCF Yield = 10.90% (FCF TTM 364.0m / Enterprise Value 3.34b)
FCF Margin = 2.40% (FCF TTM 364.0m / Revenue TTM 15.2b)
Net Margin = 2.30% (Net Income TTM 350.0m / Revenue TTM 15.2b)
Gross Margin = -1.63% ((Revenue TTM 15.2b - Cost of Revenue TTM 15.4b) / Revenue TTM)
Gross Margin QoQ = 0.35% (prev 3.18%)
Tobins Q-Ratio = 0.42 (Enterprise Value 3.34b / Total Assets 7.92b)
Interest Expense / Debt = 3.73% (Interest Expense 40.0m / Debt 1.07b)
Taxrate = 21.0% (US default 21%)
NOPAT = -368.1m (EBIT -466.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.21 (Total Current Assets 6.08b / Total Current Liabilities 5.03b)
Debt / Equity = 0.37 (Debt 1.07b / totalStockholderEquity, last quarter 2.87b)
Debt / EBITDA = 6.50 (negative EBITDA) (Net Debt -2.60b / EBITDA -400.0m)
Debt / FCF = -7.15 (Net Debt -2.60b / FCF TTM 364.0m)
Total Stockholder Equity = 4.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.28% (Net Income 350.0m / Total Assets 7.92b)
RoE = 8.12% (Net Income TTM 350.0m / Total Stockholder Equity 4.31b)
RoCE = -8.66% (EBIT -466.0m / Capital Employed (Equity 4.31b + L.T.Debt 1.07b))
RoIC = -8.16% (negative operating profit) (NOPAT -368.1m / Invested Capital 4.51b)
WACC = 9.01% (E(5.94b)/V(7.01b) * Re(10.10%) + D(1.07b)/V(7.01b) * Rd(3.73%) * (1-Tc(0.21)))
Discount Rate = 10.10% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 80.28 | Cagr: 1.55%
[DCF] Terminal Value 70.67% ; FCFF base≈928.0m ; Y1≈813.8m ; Y5≈657.5m
[DCF] Fair Price = 86.79 (EV 9.52b - Net Debt -2.60b = Equity 12.1b / Shares 139.7m; r=9.01% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: -25.07 | EPS CAGR: -5.75% | SUE: -1.94 | # QB: -1
Revenue Correlation: 29.33 | Revenue CAGR: 1.00% | SUE: -0.90 | # QB: -4
EPS current Quarter (2026-06-30): EPS=0.70 | Chg30d=+7.81% | Revisions=+40% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.85 | Chg30d=+17.16% | Revisions=+40% | Analysts=6
EPS current Year (2026-12-31): EPS=2.58 | Chg30d=-6.66% | Revisions=-64% | GrowthEPS=+17.7% | GrowthRev=+2.3%
EPS next Year (2027-12-31): EPS=3.30 | Chg30d=+1.41% | Revisions=+0% | GrowthEPS=+28.0% | GrowthRev=+7.4%
[Analyst] Revisions Ratio: -64%