Fluor Corporation
NYSE:FLR · New York Stock Exchange
+$0.83 today
Vol 2.83M · Avg 2.71M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:FLR · Revenue to Net Income
Key Ratios
Analysis
$15.2B of revenue converted into $350.0M of net income for the selected period. Gross margin is -2.1% and net margin is 2.0%, showing how much revenue survives after costs and taxes. EPS is $1.97, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $15.5B -5.0% | $16.3B +5.4% | $15.5B +12.6% | $13.7B -2.9% | $14.2B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $15.6B -0.7% | $15.7B +5.0% | $15.0B +12.0% | $13.4B -2.3% | $13.7B | $725.6M | $804.0M | $882.4M |
| Gross Profit | -$120.0M -120.9% | $574.0M +20.3% | $477.0M +34.4% | $355.0M -21.8% | $454.0M | $8.9B | $7.6B | $6.2B |
| Gross Margin | -0.8% -4.3pp | 3.5% +0.4pp | 3.1% +0.5pp | 2.6% -0.6pp | 3.2% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $162.0M -20.2% | $203.0M -9.4% | $224.0M -7.4% | $242.0M +4.8% | $231.0M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $243.0M +118.9% | $111.0M -66.4% | $330.0M +126.0% | $146.0M -79.9% | $727.0M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $68.0M -6.8% | $73.0M -1.4% | $74.0M +1.4% | $73.0M -1.4% | $74.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | -$245.0M -133.5% | $732.0M +63.0% | $449.0M +19.4% | $376.0M +306.6% | -$182.0M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | -1.6% -6.1pp | 4.5% +1.6pp | 2.9% +0.2pp | 2.7% +4.0pp | -1.3% | 5.6% | 46.3% | 42.0% |
| Operating Income | -$363.0M -178.4% | $463.0M +215.0% | $147.0M -29.7% | $209.0M +176.6% | -$273.0M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | -2.3% -5.2pp | 2.8% +1.9pp | 0.9% -0.6pp | 1.5% +3.4pp | -1.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $109.0M -44.4% | $196.0M -14.0% | $228.0M +142.6% | $94.0M +452.9% | $17.0M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $42.0M -8.7% | $46.0M -23.3% | $60.0M +1.7% | $59.0M -34.4% | $90.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $615.0M -72.7% | $2.3B +1242.3% | $168.0M +380.0% | $35.0M +147.9% | -$73.0M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $252.0M -90.7% | $2.7B +762.9% | $315.0M +29.1% | $244.0M +170.5% | -$346.0M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 1.6% -15.0pp | 16.7% +14.6pp | 2.0% +0.3pp | 1.8% +4.2pp | -2.4% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $314.0M -50.5% | $634.0M +168.6% | $236.0M +38.0% | $171.0M +755.0% | $20.0M | $1.3B | -$1.6B | $745.2M |
| Net Income | -$51.0M -102.4% | $2.1B +1443.2% | $139.0M -4.1% | $145.0M +133.0% | -$440.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | -0.3% -13.5pp | 13.1% +12.2pp | 0.9% -0.2pp | 1.1% +4.2pp | -3.1% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | -$0 -102.5% | $12 +2169.1% | $1 -26.7% | $1 +122.8% | -$3 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | -$0 -102.5% | $12 +2177.8% | $1 -26.0% | $1 +122.2% | -$3 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $169.2M -1.6% | $172.0M +14.7% | $150.0M +5.6% | $142.0M +0.7% | $141.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $176.0M +1.1% | $174.0M +13.7% | $153.0M +5.5% | $145.0M +2.8% | $141.0M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

Quanta Services, Inc.
NYSE:PWR
$108.37B

EMCOR Group, Inc.
NYSE:EME
$37.57B

Jacobs Solutions Inc.
NYSE:J
$14.67B

TopBuild Corp.
NYSE:BLD
$11.81B

Aecom
NYSE:ACM
$9.02B

Tetra Tech, Inc.
NASDAQ:TTEK
$7.37B

MYR Group Inc.
NASDAQ:MYRG
$7.16B

Construction Partners, Inc.
NASDAQ:ROAD
$6.94B

Granite Construction Incorporated
NYSE:GVA
$6.43B

Primoris Services Corporation
NYSE:PRIM
$5.60B

KBR, Inc.
NYSE:KBR
$4.29B
Great Lakes Dredge & Dock Corporation
GLDD
$1.14B

Matrix Service Company
NASDAQ:MTRX
$387.82M

Southland Holdings, Inc.
AMEX:SLND
$53.13M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does FLR generate?
Fluor Corporation (FLR) reported $15.50B of revenue in fiscal 2025.
Is FLR profitable?
Fluor Corporation (FLR) reported -$51,000,000.00 of net income, with a net margin of -0.3%.
Explore More
Continue the stock analysis
Jump to another research area for this company.