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Fluor Corporation

$54.2 +$12.50 (+29.98%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$53.55
Day Range
$53.22$54.52
Year Range
$39.33$58.35
Market Cap
7.57B
AVG Volume
2.74M
Trailing/Forward PE
-4.5/16
PEG ratio
-0.18
Dividend Yield
-
Next Earnings Date
2026-11-06
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
02B4B6B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q24.33B
26 Q13.66B
25 Q44.18B
25 Q33.37B
25 Q23.98B
25 Q13.98B
24 Q44.26B
24 Q34.09B
24 Q24.23B
24 Q13.73B
Net Income (USD)
-2B02B4B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2114M
26 Q1160M
25 Q4-1.57B
25 Q3-697M
25 Q22.46B
25 Q1-241M
24 Q41.86B
24 Q354M
24 Q2169M
24 Q159M
Operating Income (USD)
-600M-400M-200M0200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2135M
26 Q1-48M
25 Q453M
25 Q3-496M
25 Q2-26M
25 Q191M
24 Q4186M
24 Q349M
24 Q2176M
24 Q152M
EBITDA (USD)
-600M-400M-200M0200M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2183M
26 Q1184M
25 Q499M
25 Q3-502M
25 Q235M
25 Q1138M
24 Q4173M
24 Q3116M
24 Q2241M
24 Q1122M
Cash Flows (USD)
-400M-200M0200M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-324M
26 Q199M
25 Q4-378M
25 Q3273M
25 Q2-35M
25 Q1-297M
24 Q4296M
24 Q3279M
24 Q2234M
24 Q1-145M
EPS (USD)
-100102024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR EPS (USD) by quarter
PeriodEPS (USD)
26 Q20.81
26 Q10.91
25 Q4-9.45
25 Q3-4.3
25 Q214.81
25 Q1-1.37
24 Q410.54
24 Q30.31
24 Q20.97
24 Q10.34
Expenses (USD)
025M50M75M100MSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q27M
26 Q172M
25 Q461M
25 Q342M
25 Q252M
25 Q147M
24 Q486M
24 Q388M
24 Q298M
24 Q193M
Cash & Debt (USD)
01B2B3B4BCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q23.04B
26 Q13.67B
25 Q43.77B
25 Q32.83B
25 Q22.27B
25 Q12.51B
24 Q42.96B
24 Q33.01B
24 Q22.71B
24 Q12.41B
Debt ratios
-20020406024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Debt ratios by quarter
PeriodDebt ratios
26 Q254.75
26 Q114.14
25 Q411.75
25 Q311.28
25 Q2-2.6
25 Q1-2.13
24 Q4-2.85
24 Q3-3.55
24 Q2-2.21
24 Q1-1.98
Margins
-15%-10%-5%0%5%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Margins by quarter
PeriodMargins
26 Q24.13%
26 Q10.35%
25 Q43.18%
25 Q3-13.33%
25 Q21.41%
25 Q13.52%
24 Q44.88%
24 Q32.15%
24 Q24.21%
24 Q12.65%
Return on Capital
-50%-25%0%25%50%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Return on Capital by quarter
PeriodReturn on Capital
26 Q24.09%
26 Q15.42%
25 Q4-48%
25 Q3-13.33%
25 Q241.15%
25 Q1-6.6%
24 Q446.67%
24 Q32.31%
24 Q27.53%
24 Q12.89%
Shares Outstanding
050M100M150M200M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2139M
26 Q1169.23M
25 Q4169.23M
25 Q3169.23M
25 Q2169.23M
25 Q1169.23M
24 Q4169.23M
24 Q3171M
24 Q2171M
24 Q1171M
Dividends (USD)
00.10.20.3Dec 17Feb 18May 18Aug 18Dec 18Mar 19May 19Sep 19Dec 19Feb 20
FLR Dividends (USD) by quarter
PeriodDividends (USD)
Feb 200.1
Dec 190.1
Sep 190.21
May 190.21
Mar 190.21
Dec 180.21
Aug 180.21
May 180.21
Feb 180.21
Dec 170.21
Employee Count
010K20K30K40K2016201720182019202020212022202320242025
FLR Employee Count by quarter
PeriodEmployee Count
20255.5K
20247.1K
202320.34K
202219.57K
202119.53K
202024.2K
201927.65K
201832.27K
201731.95K
201628.68K
Book Value Per Share (USD)
01020304024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q220.04
26 Q117.44
25 Q419.36
25 Q330.89
25 Q235.32
25 Q121.57
24 Q423.59
24 Q313.69
24 Q213.12
24 Q111.95
Total Assets (USD)
05B10B15B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
FLR Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q27.54B
26 Q17.92B
25 Q48.24B
25 Q311.47B
25 Q211.79B
25 Q18.42B
24 Q49.14B
24 Q37.1B
24 Q26.81B
24 Q16.7B
PE Ratio
010203040med 4.94Aug 24Dec 24Mar 25Jul 25Oct 25Jan 26Jul 26
FLR PE Ratio by quarter
PeriodPE Ratio
Jul 2624.26
Jul 2625.23
Jul 2623.73
Jul 2624.53
Jul 2623.91
Jun 2625.94
Jun 2625.95
Jun 2624.54
Jun 2623
May 2622.13
May 2621.7
May 2621.45
May 2620.94
Feb 262.27
Feb 262.35
Jan 262.31
Jan 262.28
Jan 262.2
Jan 262.21
Jan 262.08
Dec 252.04
Dec 252.05
Dec 252.18
Dec 252.2
Nov 252.15
Nov 252
Nov 252.12
Nov 252.29
Oct 252
Oct 252
Oct 251.91
Oct 251.8
Oct 251.76
Sep 251.73
Sep 251.82
Sep 251.68
Sep 251.7
Aug 251.68
Aug 251.7
Aug 251.71
Aug 251.71
Aug 251.69
Jul 255.19
Jul 255.04
Jul 254.79
Jul 254.84
Jun 254.72
Jun 254.55
Jun 254.43
Jun 254.08
May 253.81
May 253.76
May 253.53
May 253.29
May 253.28
Apr 252.81
Apr 252.68
Apr 252.63
Apr 252.45
Mar 252.86
Mar 252.97
Mar 252.9
Mar 252.85
Feb 253
Feb 252.98
Feb 2528.54
Feb 2532.45
Jan 2531.71
Jan 2535.89
Jan 2533.14
Jan 2531.72
Jan 2533.54
Dec 2432.92
Dec 2433.11
Dec 2435.94
Dec 2436.69
Nov 2436.92
Nov 2436.69
Nov 2434.15
Nov 2433.5
Nov 2421.95
Oct 2421.7
Oct 2422.83
Oct 2421.19
Oct 2420.74
Sep 2419.88
Sep 2419.59
Sep 2419.05
Sep 2418.28
Aug 2420.78
Aug 2420.59
Aug 2420.1
Aug 2420.17
Aug 2419.71
Jul 2427.1
Jul 2426.88
Jul 2426.8
Jul 2424.93
Jun 2424.5
Jun 2425.32
Free Cash Flow Yield
-10%-5%0%5%10%15%med 3.43%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FLR Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-4.38%
Sep 26-4.23%
Aug 26-4.46%
Aug 26-4.53%
Aug 26-4.53%
Aug 26-4.17%
Jul 26-0.48%
Jul 26-0.46%
Jul 26-0.49%
Jul 26-0.48%
Jul 26-0.49%
Jun 26-0.45%
Jun 26-0.45%
Jun 26-0.48%
Jun 26-0.51%
May 26-0.53%
May 26-0.54%
May 26-0.55%
May 26-0.56%
May 26-4.87%
Apr 26-5.35%
Apr 26-5.32%
Apr 26-5.25%
Apr 26-5.48%
Mar 26-5.65%
Mar 26-5.75%
Mar 26-6%
Mar 26-5.73%
Feb 26-4.94%
Feb 26-4.81%
Feb 263.08%
Feb 262.98%
Jan 263.03%
Jan 263.07%
Jan 263.19%
Jan 263.16%
Jan 263.36%
Dec 253.43%
Dec 253.42%
Dec 253.21%
Dec 253.19%
Nov 253.26%
Nov 253.5%
Nov 253.3%
Nov 253.06%
Oct 252.94%
Oct 252.93%
Oct 253.08%
Oct 253.26%
Oct 253.33%
Sep 253.41%
Sep 253.22%
Sep 253.5%
Sep 253.45%
Aug 253.5%
Aug 253.46%
Aug 253.43%
Aug 253.43%
Aug 253.47%
Jul 255.34%
Jul 255.51%
Jul 255.79%
Jul 255.73%
Jun 255.88%
Jun 256.09%
Jun 256.27%
Jun 256.81%
May 257.28%
May 257.37%
May 257.86%
May 258.44%
May 258.46%
Apr 2511.03%
Apr 2511.55%
Apr 2511.79%
Apr 2512.65%
Mar 2510.84%
Mar 2510.42%
Mar 2510.66%
Mar 2510.86%
Feb 2510.32%
Feb 2510.4%
Feb 258.64%
Feb 257.6%
Jan 257.78%
Jan 256.87%
Jan 257.44%
Jan 257.77%
Jan 257.35%
Dec 247.49%
Dec 247.45%
Dec 246.86%
Dec 246.72%
Nov 246.68%
Nov 246.72%
Nov 247.22%
Nov 247.36%
Nov 243.72%
Oct 243.76%
Oct 243.57%
Price to Sales
0.30.40.50.60.7med 0.49Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FLR Price to Sales by quarter
PeriodPrice to Sales
Sep 260.48
Sep 260.5
Aug 260.48
Aug 260.47
Aug 260.47
Aug 260.51
Jul 260.56
Jul 260.58
Jul 260.55
Jul 260.57
Jul 260.55
Jun 260.6
Jun 260.6
Jun 260.57
Jun 260.53
May 260.51
May 260.5
May 260.49
May 260.48
May 260.58
Apr 260.53
Apr 260.53
Apr 260.54
Apr 260.51
Mar 260.5
Mar 260.49
Mar 260.47
Mar 260.49
Feb 260.57
Feb 260.59
Feb 260.49
Feb 260.51
Jan 260.5
Jan 260.49
Jan 260.48
Jan 260.48
Jan 260.45
Dec 250.44
Dec 250.44
Dec 250.47
Dec 250.48
Nov 250.47
Nov 250.43
Nov 250.46
Nov 250.5
Oct 250.51
Oct 250.51
Oct 250.48
Oct 250.46
Oct 250.45
Sep 250.44
Sep 250.46
Sep 250.43
Sep 250.43
Aug 250.43
Aug 250.43
Aug 250.43
Aug 250.43
Aug 250.43
Jul 250.58
Jul 250.56
Jul 250.53
Jul 250.54
Jun 250.53
Jun 250.51
Jun 250.49
Jun 250.45
May 250.42
May 250.42
May 250.39
May 250.37
May 250.37
Apr 250.37
Apr 250.35
Apr 250.35
Apr 250.32
Mar 250.38
Mar 250.39
Mar 250.38
Mar 250.37
Feb 250.39
Feb 250.39
Feb 250.47
Feb 250.53
Jan 250.52
Jan 250.59
Jan 250.54
Jan 250.52
Jan 250.55
Dec 240.54
Dec 240.54
Dec 240.59
Dec 240.6
Nov 240.6
Nov 240.6
Nov 240.56
Nov 240.55
Nov 240.57
Oct 240.57
Oct 240.6
EV/EBITDA
5101520med 10.41Feb 24May 24Sep 24Dec 24Apr 25Jul 25Oct 25
FLR EV/EBITDA by quarter
PeriodEV/EBITDA
Oct 2515.26
Oct 2515.33
Oct 2514.49
Oct 2513.51
Oct 2513.2
Sep 2512.85
Sep 2513.74
Sep 2512.42
Sep 2512.63
Aug 2512.43
Aug 2512.62
Aug 2512.74
Aug 2512.74
Aug 2512.57
Jul 2512.21
Jul 2511.79
Jul 2511.11
Jul 2511.23
Jun 2510.89
Jun 2510.44
Jun 2510.1
Jun 259.12
May 258.4
May 258.27
May 257.62
May 256.95
May 256.93
Apr 256.38
Apr 255.97
Apr 255.79
Apr 255.21
Mar 256.55
Mar 256.93
Mar 256.71
Mar 256.54
Feb 257.03
Feb 256.95
Feb 2510.38
Feb 2512.28
Jan 2511.92
Jan 2513.96
Jan 2512.62
Jan 2511.93
Jan 2512.82
Dec 2412.51
Dec 2412.6
Dec 2413.98
Dec 2414.35
Nov 2414.46
Nov 2414.35
Nov 2413.11
Nov 2412.79
Nov 2410.51
Oct 2410.36
Oct 2411.02
Oct 2410.07
Oct 249.81
Sep 249.31
Sep 249.14
Sep 248.83
Sep 248.38
Aug 249.83
Aug 249.72
Aug 249.44
Aug 249.48
Aug 249.21
Jul 2410.97
Jul 2410.87
Jul 2410.83
Jul 249.94
Jun 249.73
Jun 2410.12
Jun 2410.02
Jun 249.91
May 249.69
May 249.3
May 248.33
May 248.41
May 248.48
Apr 2412.35
Apr 2411.69
Apr 2412.31
Apr 2412.9
Mar 2412.85
Mar 2412.43
Mar 2411.49
Mar 2411.2
Mar 2410.72
Feb 2410.86
Feb 2410.66
Feb 2410.15
Feb 249.5
Jan 249.46
Jan 249.08
Jan 249.3
Jan 249.5
Dec 239.76
Dec 239.73
Dec 239.82
Dec 239.46
Price/Operating Cashflow
050010001500med 18.66Aug 24Dec 24Mar 25Jul 25Oct 25Jan 26Jul 26
FLR Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Jul 26943.36
Jul 26981.34
Jul 26922.86
Jul 26954.08
Jul 26929.82
Jun 261008.6
Jun 261008.98
Jun 26954.45
Jun 26894.28
May 26860.44
May 26843.7
May 26834.11
May 26814.37
Feb 2625.15
Feb 2625.95
Jan 2625.54
Jan 2625.21
Jan 2624.32
Jan 2624.49
Jan 2623.06
Dec 2522.57
Dec 2522.62
Dec 2524.11
Dec 2524.31
Nov 2523.74
Nov 2522.15
Nov 2523.44
Nov 2525.28
Oct 2523.58
Oct 2523.67
Oct 2522.56
Oct 2521.26
Oct 2520.85
Sep 2520.39
Sep 2521.56
Sep 2519.83
Sep 2520.1
Aug 2519.83
Aug 2520.09
Aug 2520.25
Aug 2520.25
Aug 2520.03
Jul 2514.67
Jul 2514.24
Jul 2513.55
Jul 2513.67
Jun 2513.33
Jun 2512.86
Jun 2512.51
Jun 2511.51
May 2510.78
May 2510.64
May 259.97
May 259.29
May 259.27
Apr 257.27
Apr 256.94
Apr 256.8
Apr 256.34
Mar 257.4
Mar 257.7
Mar 257.52
Mar 257.39
Feb 257.77
Feb 257.71
Feb 259.17
Feb 2510.43
Jan 2510.19
Jan 2511.53
Jan 2510.65
Jan 2510.19
Jan 2510.78
Dec 2410.58
Dec 2410.64
Dec 2411.55
Dec 2411.79
Nov 2411.86
Nov 2411.79
Nov 2410.97
Nov 2410.77
Nov 2418.76
Oct 2418.55
Oct 2419.51
Oct 2418.11
Oct 2417.73
Sep 2416.99
Sep 2416.74
Sep 2416.28
Sep 2415.62
Aug 2417.76
Aug 2417.6
Aug 2417.18
Aug 2417.24
Aug 2416.85
Jul 2431.45
Jul 2431.18
Jul 2431.09
Jul 2428.93
Jun 2428.42
Jun 2429.38
Price to Book
12345med 2.35Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
FLR Price to Book by quarter
PeriodPrice to Book
Sep 262.71
Sep 262.8
Aug 262.66
Aug 262.62
Aug 262.61
Aug 262.84
Jul 262.88
Jul 262.99
Jul 262.81
Jul 262.91
Jul 262.84
Jun 263.08
Jun 263.08
Jun 262.91
Jun 262.73
May 262.62
May 262.57
May 262.54
May 262.48
May 262.74
Apr 262.49
Apr 262.51
Apr 262.54
Apr 262.43
Mar 262.36
Mar 262.32
Mar 262.22
Mar 262.33
Feb 262.7
Feb 262.77
Feb 261.47
Feb 261.52
Jan 261.5
Jan 261.48
Jan 261.42
Jan 261.43
Jan 261.35
Dec 251.32
Dec 251.32
Dec 251.41
Dec 251.42
Nov 251.39
Nov 251.3
Nov 251.37
Nov 251.48
Oct 251.38
Oct 251.39
Oct 251.32
Oct 251.25
Oct 251.22
Sep 251.19
Sep 251.26
Sep 251.16
Sep 251.18
Aug 251.16
Aug 251.18
Aug 251.19
Aug 251.19
Aug 251.17
Jul 252.62
Jul 252.55
Jul 252.42
Jul 252.45
Jun 252.38
Jun 252.3
Jun 252.24
Jun 252.06
May 251.93
May 251.9
May 251.78
May 251.66
May 251.66
Apr 251.51
Apr 251.44
Apr 251.41
Apr 251.32
Mar 251.53
Mar 251.6
Mar 251.56
Mar 251.53
Feb 251.61
Feb 251.6
Feb 253.17
Feb 253.6
Jan 253.52
Jan 253.99
Jan 253.68
Jan 253.52
Jan 253.73
Dec 243.66
Dec 243.68
Dec 243.99
Dec 244.08
Nov 244.1
Nov 244.08
Nov 243.79
Nov 243.72
Nov 244.03
Oct 243.99
Oct 244.19
Fluor Corporation
FLR
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News: FLR

Hsbc Holdings PLC Acquires 22,500 Shares of Fluor Corporation $FLR

defenseworld.net · 11 Sep 2026

Hsbc Holdings PLC Acquires 22,500 Shares of Fluor Corporation $FLR

Hsbc Holdings PLC raised its position in Fluor Corporation (NYSE: FLR) by 57.4% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 61,671 shares of the construction company's stock after purchasing an additional 22,500 shares during the quarter. Hsbc Holdings PLC's holdings

(PODCAST) Voyageur Pharmaceuticals (TSXV:VM) Achieves First Milestone in Bayer Collaboration, Secures USD $1 Million Payment

thenewswire.com · 10 Sep 2026

(PODCAST) Voyageur Pharmaceuticals (TSXV:VM) Achieves First Milestone in Bayer Collaboration, Secures USD $1 Million Payment

CALGARY, Alberta — September 10 , 2026 — Leads & Copy — Voyageur Pharmaceuticals Ltd. (TSX.V: VM) (OTC Pink: VYYRF), a Canadian company focused on developing pharmaceutical-grade barium and iodine contrast media for medical imaging, has achieved its first milestone under a non-dilutive Collaboration and Funding Agreement with Bayer AG. The company announced that it successfully submitted a complete feasibility work plan and timetable, which has been approved by Bayer. The milestone achievement triggers the first major non-dilutive payment of USD $1,000,000 from Bayer. This payment, combined with the initial USD $350,000 received on March 31, 2026, brings the total funding received by Voyageur from Bayer to USD $1,350,000 of the committed USD $2,350,000.

Voyageur Pharmaceuticals Achieves First Milestone on Feasibility Study for Iodine Production; Secures USD $1 Million Payment

thenewswire.com · 9 Sep 2026

Voyageur Pharmaceuticals Achieves First Milestone on Feasibility Study for Iodine Production; Secures USD $1 Million Payment

CALGARY, Alberta – TheNewswire - September 9, 2026 – Voyageur Pharmaceuticals Ltd. (TSX.V: VM) (OTC Pink: VYYRF) (“ Voyageur ” or the “ Company ”), a Canadian developer of pharmaceutical-grade barium and iodine contrast media for medical imaging, is pleased to announce that it has achieved the first milestone under its non-dilutive Collaboration and Funding Agreement with Bayer AG (“ Bayer ”) dated February 10, 2026 (the  “ Agreement ”) by submitting a complete feasibility work plan and timetable which has been approved by Bayer. (Collaboration funding news https://finance.yahoo.com/news/voyageur-pharmaceuticals-announces-collaboration-bayer-144926270.html )

Construction Firms Powering the Nuclear Renaissance

etftrends.com · 8 Sep 2026

Construction Firms Powering the Nuclear Renaissance

Investors usually focus on reactor developers and uranium miners when deciding on allocations for investing in the nuclear renaissance. A narrow view on the nuclear sector could result in missed opportunities for investment returns in nuclear-adjacent companies.

Is Fluor (FLR) Stock Outpacing Its Construction Peers This Year?

zacks.com · 3 Sep 2026

Is Fluor (FLR) Stock Outpacing Its Construction Peers This Year?

Here is how Fluor (FLR) and James Hardie (JHX) have performed compared to their sector so far this year.

Nuclear Energy Scaling Up Through New Federal Projects

etftrends.com · 31 Aug 2026

Nuclear Energy Scaling Up Through New Federal Projects

Two of the most significant government-led nuclear energy programs are illustrating how quickly the advanced nuclear field is expanding. The Nuclear Energy Launch Pad added 13 reactor and fuel cycle technology projects to its development pipeline.

Algert Global LLC Has $7.57 Million Stock Holdings in Fluor Corporation $FLR

defenseworld.net · 27 Aug 2026

Algert Global LLC Has $7.57 Million Stock Holdings in Fluor Corporation $FLR

Algert Global LLC lifted its position in Fluor Corporation (NYSE: FLR) by 14.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,400 shares of the construction company's stock after buying an additional 18,190 shares during the period.

Fluor Corp.: The Turnaround Is Gaining Traction, But Execution Remains The Test

seekingalpha.com · 21 Aug 2026

Fluor Corp.: The Turnaround Is Gaining Traction, But Execution Remains The Test

Fluor Corporation is executing a multi-year turnaround, shifting to reimbursable contracts and leveraging AI to improve project execution and margins. FLR's $27B backlog is nearly 4x its $7.3B market cap, with 85% now reimbursable, reducing legacy fixed-price risk and enhancing earnings visibility. Management's modernization, AI-driven project controls, and focus on high-demand sectors—nuclear, data centers, and defense—increase FLR's strategic positioning.

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