| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | 7 | 2 | — | — | — | — | 1 | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | ‡‡‡‡‡ |
|
| 2025 | ‡‡‡‡‡ |
|
| 2024 | ‡‡‡‡‡ |
|
| 2023 | ‡‡‡‡‡ |
|
| 2022 | ‡‡‡‡ |
|
| 2021 | ‡‡‡‡ |
|
| 2020 | 0.10 |
—
|
| 2019 | 0.73 |
—
—
—
—
|
| 2018 | 0.84 |
—
—
—
—
|
| 2017 | 0.84 |
—
—
—
—
|
| 2016 | 0.84 |
—
—
—
—
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 2,588.00 | 2,959.00 | 3,773.00 | 3,043.00 |
| Receivables | 1,137.00 | 921.00 | 1,073.00 | 1,027.00 |
| Inventory | — | — | — | — |
| Other | 1,338.00 | 1,295.00 | 1,596.00 | 1,624.00 |
| 5,063.00 | 5,175.00 | 6,442.00 | 5,694.00 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 1,214.00 | 1,220.00 | 1,482.00 | 1,762.00 |
| ST’ Debt | — | — | — | — |
| Other | 639.00 | 684.00 | 633.00 | 541.00 |
| 3,163.00 | 3,071.00 | 3,378.00 | 3,170.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3,663.00 | 4,329.00 | — | — |
—
|
| ’25 | 3,982.00 | 3,978.00 | 3,368.00 | 4,175.00 |
15,503.00
|
| ’24 | 3,734.00 | 4,227.00 | 4,094.00 | 4,260.00 |
16,315.00
|
| ’23 | 3,752.00 | 3,939.00 | 3,963.00 | 3,820.00 |
15,474.00
|
| ’22 | 3,122.00 | 3,299.00 | 3,612.00 | 3,711.00 |
13,744.00
|
| ’21 | 3,347.00 | 3,684.00 | 3,503.00 | 3,622.00 |
14,156.00
|
| ’20 | 3,697.69 | 3,734.94 | 3,456.94 | 4,898.43 |
15,788.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 110.00 | (317.00) | — | — |
—
|
| ’25 | (286.00) | (21.00) | 286.00 | (366.00) |
(387.00)
|
| ’24 | (111.00) | 282.00 | 330.00 | 327.00 |
828.00
|
| ’23 | (161.00) | 62.00 | 3.00 | 308.00 |
212.00
|
| ’22 | (188.00) | 55.00 | 118.00 | 46.00 |
31.00
|
| ’21 | (230.00) | 76.00 | (66.00) | 245.00 |
25.00
|
| ’20 | (63.74) | 127.83 | 80.15 | 41.76 |
186.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 223.00 | (324.00) | — | — |
—
|
| ’25 | (235.00) | (35.00) | 274.00 | (378.00) |
(374.00)
|
| ’24 | (115.00) | 278.00 | 274.00 | 309.00 |
746.00
|
| ’23 | (159.00) | 18.00 | (26.00) | 268.00 |
101.00
|
| ’22 | (195.00) | 39.00 | 132.00 | (20.00) |
(44.00)
|
| ’21 | (252.00) | 95.00 | 7.00 | 100.00 |
(50.00)
|
| ’20 | (80.37) | 109.85 | 33.98 | 9.55 |
73.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 1.08 | 0.81 | — | — |
—
|
| ’25 | (1.42) | 14.81 | (4.30) | (9.87) |
(0.31)
|
| ’24 | 0.34 | 0.97 | 0.31 | 10.57 |
12.30
|
| ’23 | (0.82) | 0.35 | 1.15 | (0.12) |
0.54
|
| ’22 | 0.28 | 0.38 | 0.08 | (0.01) |
0.73
|
| ’21 | (0.43) | (0.08) | 0.22 | (1.21) |
(1.46)
|
| ’20 | (1.90) | (0.18) | 0.14 | (1.16) |
(3.10)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 19.80 | 25.69 | 35.04 | 29.20 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 36.06 | 40.77 | 60.10 | 57.50 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 39,576 | 30,187 | 26,866 | 22,995 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.35 | 0.51 | 0.61 | 0.67 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13,744.00 | 15,474.00 | 16,315.00 | 15,503.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.58% | 3.08% | 3.52% | (0.77%) | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 244.00 | 315.00 | 613.00 | (311.00) | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.78% | 2.04% | 3.76% | (2.01%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 73.00 | 79.00 | 2,084.00 | (62.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 73.00 | 74.00 | 73.00 | 68.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 96.79 | 103.16 | 94.85 | 94.53 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 0.75 | 0.54 | 12.30 | (0.31) | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.22 | 1.41 | 4.81 | (2.36) | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.53) | (0.74) | (0.48) | 0.08 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.31) | 0.67 | 4.34 | (2.28) | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.06 | 13.68 | 23.21 | 19.98 | ‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 142.00 | 150.00 | 172.00 | 164.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 45.68 | 67.66 | 4.05 | 0.00 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.34 | 0.37 | 0.52 | 0.42 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.37 | 2.77 | 2.13 | 1.98 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.24 | 0.28 | 0.41 | 0.25 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (75.22) | 42.29 | 8.91 | (10.20) | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 31.00 | 212.00 | 828.00 | (387.00) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (75.00) | (111.00) | (82.00) | 13.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (44.00) | 101.00 | 746.00 | (374.00) | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,828.00 | 1,900.00 | 2,104.00 | 3,064.00 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,198.00 | 1,158.00 | 1,104.00 | 1,070.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,426.00) | (1,430.00) | (1,855.00) | (2,703.00) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,996.00 | 2,052.00 | 3,992.00 | 3,277.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1.52% | 1.20% | 26.62% | (0.59%) | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 22.92% | 14.77% | 13.54% | (41.16%) | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.95% | 4.10% | 70.98% | (1.40%) | ‡‡‡‡‡ | — | — |
ROE
|
Fluor Corporation (FLR), a veteran in engineering, procurement, and construction services, has staged a gritty recovery from the late-2010s nightmare of $1.55 billion losses driven by fixed-price overruns on LNG and power projects. Revenue has stabilized around $15-16 billion, hitting $16.32 billion in 2024 amid backlog execution in AI-fueled data centers and semiconductors, with revenue per employee doubling thanks to a 56% headcount slash signaling sharp cost discipline. Yet, the 2024 profit explosion to $2.08 billion net income and 71% ROE looks suspiciously like one-offs from tax benefits or sales, as analysts forecast a brutal 77% EPS plunge to $2.27 by 2026, alongside thinning gross margins (3.5%) and fading free cash flow.
A fortified balance sheet—with debt halved, a $1.86 billion cash surplus, and quadrupled equity—offers downside protection, while a $26 billion backlog and tailwinds from IIJA infrastructure and energy transition projects fuel modest 5% revenue growth projections through 2027. But red flags abound: insider sales topping $7 million with zero buys, labor risks from the shrunken workforce, geopolitical headwinds, and EPC cyclicality that could reignite overruns. Trading 24% off 2024 highs at attractive valuations (0.52x PS, 10x EV/FCF), FLR tempts conservative plays for 10-15% returns via buybacks and dividends, yet demands vigilance for sub-40 entries amid 12% downside risk.
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