Fluor (FLR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Fluor

NYSE•Industrials•Engineering & Construction

$56.16-1.34(-0.02%)Market closed

Market Cap

$7.63B

P/S

0.5x

P/B

2.8x

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.

How this company scores

WeakMetricSide Score: 38/100

Strongest: Balance Sheet & Red Flags (16/25); weakest: Growth (5/25).

Profitability11/25

Growth5/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality6/25

Strengths

Long cash runwayLow leverageNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.3x5y range 2.0x – 42.3x

Currently near its 11-quarter median.

P/S · 0.5x5y range 0.2x – 0.5x

Currently above its 20-quarter median.

P/B · 2.8x5y range 1.3x – 3.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 208.8% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $7.63B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $15.54B
Q. Revenue: $4.33B
TTM EBITDA: $-151.00M
TTM Op. Income: $-216.00M
Q. Op. Income: $135.00M
TTM Net Income: $-2.00B
Q. Net Income: $114.00M
EPS: $0.82
Shares Out.: $139.00M

$15.54B in TTM revenue declined 4.8% YoY, reaching $4.33B last quarter. TTM EBITDA of $-151.00M and TTM operating income of $-216.00M show growth is flowing through to the bottom line. However, net income is negative at $2.00B — growth is not yet reaching the bottom line. Over the past year, TTM revenue is down 5% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 4.1%
EBITDA Margin: 3.5%
Op. Margin: 3.1%
Net Margin: 2.6%

Op. margin of 3.1% is up 3.8% YoY — cost efficiency is improving. Net margin at 2.6% and gross margin of 4.1% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 0.5x
P/B Ratio: 2.8x

P/S of 0.5x and P/B of 2.8x. P/S is low relative to typical market levels. Over the past year, P/E is up 354% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $7.54B
Cash: $2.92B
Long-Term Debt: $1.07B
Book Value: $2.69B
D/E Ratio: 0.4
Debt/EBITDA: 7.1

With $7.54B in assets and $1.07B in long-term debt, D/E is 0.4and book value is $2.69B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 4 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-317.00M
TTM Free Cash Flow: $-330.00M
FCF Margin: -2.1%
FCF / Net Income: 0.2

TTM FCF of $-330.00M on $-317.00M in operating cash flow. The FCF / Net Income ratio of 0.2x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 236% — a weakening trend.