FLR · NYSE · Engineering & Construction

Fluor (FLR)

Delivers engineering and construction projects across industrial, energy and government markets.

$54.38
vs last close−0.36 (−0.66%)
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Fluor CorporationFLR
Industrials

Provides engineering, procurement, construction, project-management and maintenance services across advanced manufacturing, mining, infrastructure, energy and government missions worldwide. Fees and labor markups come largely through reimbursable project contracts, with operations organized into Urban Solutions, Energy Solutions and Mission Solutions.

Provides engineering, procurement, construction, project-management, commissioning and maintenance services for large capital projects worldwide. Urban Solutions serves advanced technologies and manufacturing, data centers, life sciences, mining and metals, infrastructure and professional staffing; Energy Solutions covers oil and gas, chemicals, LNG, power and lower-carbon projects; Mission Solutions supports government nuclear, environmental, national-security and emergency-response programs.

A distributed execution platform, global sourcing network and experience mobilizing teams in remote or difficult locations underpin delivery across a project's life cycle. Revenue comes from negotiated fees, labor markups and project execution under reimbursable, lump-sum and hybrid contracts.

Most backlog uses reimbursable terms, while fixed-price work leaves the contractor exposed to schedule assumptions and unrecovered cost overruns. Government work is subject to procurement, security and export-control rules and can be modified or terminated by clients.

Company facts

CEOJames R. Breuer
ListedNov 30, 2000
ExchangeNYSE
HeadquartersIrving, TX
CountryUnited States
Employees22,995
CIK0001124198
ISINUS3434121022

Market cap$7.65B
EPS (ttm)−$12.03
P/E (ttm)−4.55
ROE-57.1%
P/B2.85
P/S0.4921
Dividend yieldDiv yield
Beta1.80vs XLI 0.95

Price target$66.00+20.6%Average of 28 analysts
ConsensusBuy15 of 28 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Aug 10, 2026Truist FinancialTarget
Target: $64
Target: $71
Aug 10, 2026UBSReiterate
Rating: Target: $57
Rating: BuyTarget: $66
Aug 10, 2026BarclaysReiterate
Rating: Target: $40
Rating: Equal WeightTarget: $50
Jul 2, 2026Truist FinancialTarget
Target: $59
Target: $64
Feb 19, 2026DA DavidsonReiterate
Rating: Target: $58
Rating: BuyTarget: $60

Next report
Nov 6, 26
in 45 days
EPS estimate
$0.79
Revenue estimate
$4.27B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$0.48$0.73$0.43$0.68$0.33$0.14$0.91Pending
Estimate$0.78$0.50$0.59$0.45$0.34$0.66$0.70$0.79
Surprise−38.5%+46.0%−27.1%+51.1%−2.9%−78.8%+29.8%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$4.26B$3.98B$3.98B$3.37B$4.18B$3.66B$4.33BPending
Estimate$4.15B$4.57B$4.20B$4.20B$4.29B$3.89B$3.92B$4.27B
Surprise+2.7%−12.8%−5.2%−19.8%−2.6%−5.9%+10.3%
Estimate$0.79
ReportedDue Nov 6, 2026
Estimate$4.27B
ReportedDue Nov 6, 2026
View details

Debt to equity39.90%
Current ratio179.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$4.09B$4.26B$3.98B$3.98B$3.37B$4.18B$3.66B$4.33B
Net income$54.0M$1.86B−$241.0M$2.46B−$697.0M−$1.57B$160.0M$114.0M
Net margin1.3%43.7%0.0%61.8%0.0%0.0%4.4%2.6%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$49.0M$186.0M$91.0M−$26.0M−$496.0M$53.0M−$48.0M$135.0M
YoY growth−77.5%Turned profit+75.0%Turned lossTurned loss−71.5%Turned lossTurned profit

Balance sheet, Jun 30, 2026Cash & short-term investments $3.04B · Total debt $1.07B · Total assets $7.54B · Shareholders' equity $2.69B

Revenue
$4.33B
Operating income
$135.0M
Net income
$114.0M
View details

No dividends on record.

Institutions98.48%131.71M shares
598 holders · as of Jun 30, 2026
Insiders6.99%9.34M shares
27 holders · as of Aug 10, 2026
Adds to105.47%

133.74M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 105.47%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
14.37%19.21Mas of Jun 30, 2026
Caisse de dépôt et placement du QuébecInsider
5.19%6.94Mfiled Feb 14, 2020
Vanguard Portfolio Management LLCInstitution
5.03%6.72Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
4.71%6.30Mas of Jun 30, 2026
State Street CorpInstitution
4.20%5.62Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 7, 2026Pierre Edward Bechelanyofficer: Group President−5,000$55.24
Mar 10, 2026Alvin C. III Collinsofficer: GROUP PRESIDENT−15,610$45.62
Mar 6, 2026Anthony Morganofficer: GROUP PRESIDENT−8,500$44.78
Feb 27, 2026John C. Reganofficer: CHIEF FINANCIAL OFFICER−11,989$51.67
Feb 26, 2026John C. Reganofficer: CHIEF FINANCIAL OFFICER−16,773$52.74
View details

  • Jacobs Solutions

    Broad peer in advanced facilities and infrastructure consulting

  • AECOM

    Infrastructure lifecycle rival in design and program management

  • KBR

    Dual overlap in government missions and energy technology

  • Quanta Services

    Utility and energy-infrastructure rival for large projects

  • Amentum

    Mission and environmental-engineering peer for government work

  • Tetra Tech

    Water, environmental and federal engineering competitor

  • Parsons

    Federal and critical-infrastructure services competitor

Compare

CompanyPriceChange
Fluor$54.38−0.66%$7.65B16.80.5+8.8%
Jacobs Solutions$142.87−0.62%$16.98B50.417.81.2−20.2%
AECOM$62.31−0.99%$8.09B28.910.10.5−61.5%
KBR$35.48−0.73%$4.51B10.88.60.6+1.6%
Quanta Services$644.72+0.33%$96.61B73.635.82.9+41.1%
Amentum$19.52−1.93%$4.86B24.07.70.3−2.0%
Tetra Tech$35.32−1.78%$9.33B21.720.91.8−19.0%
Parsons$44.15−2.60%$4.84B31.313.30.8−0.5%
Median28.913.30.8−2.0%