CSIMarket
 
Fluor Corporation  (FLR)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services
 
Price: $40.1300 $1.14 2.924%
Day's High: $39.62 Week Perf: 4.48 %
Day's Low: $ 39.06 30 Day Perf: 1.67 %
Volume (M): 130 52 Wk High: $ 43.24
Volume (M$): $ 5,132 52 Wk Avg: $35.93
Open: $38.87 52 Wk Low: $26.24



 Market Capitalization (Millions $) 6,964
 Shares Outstanding (Millions) 174
 Employees 37,508
 Revenues (TTM) (Millions $) 15,596
 Net Income (TTM) (Millions $) 190
 Cash Flow (TTM) (Millions $) -104
 Capital Exp. (TTM) (Millions $) 140

Fluor Corporation
The company itself is basically a holding company which owns the stock of a number of subsidiaries. It is through these subsidiaries that we perform our business. We operate globally, with offices in 25 countries across six continents. We define our business as providing engineering, procurement, construction and maintenance services. We serve a diverse set of industries ranging from oil and gas to power to industrial clients to the U.S.'federal government. We also perform operations and maintenance activities for major industrial clients.

The company provides professional services on a global basis in the fields of engineering, procurement, construction and maintenance. During the first quarter of 2003, the company realigned certain operations to increase focus on the chemicals market. Projects in this market were formerly in the Energy' & Chemicals segment and will now be executed and reported in the Industrial' & Infrastructure segment. The Energy'& Chemicals segment was renamed Oil'& Gas and all prior periods have been restated to reflect this change.

We are aligned into five principal operating segments (each, a 'segment'). The five segments are Oil'& Gas,'Industrial'& Infrastructure, Government, Global Services and Power. Fluor Constructors International,'Inc. which is organized and operates separately from our business segments, provides unionized management, construction and management services in the United States and Canada, both independently and as a subcontractor on projects to our segments.

While the basic terms and conditions of the contracts that we perform may vary considerably, generally we perform our work under two groups of contracts: cost reimbursable, and guaranteed maximum and fixed price contracts.

Under cost reimbursable contracts, the client reimburses our costs in developing a project and pays us a pre-determined fee or a fee based upon a percentage of the costs incurred in completing the project. Our profit may be in the form of a fee, a simple mark-up applied to labor costs incurred in the contract, or a combination of the two. The fee element may also vary. The fee may be an incentive fee based upon achieving certain performance factors, milestones or targets; it may be a fixed amount in the contract; or it may be based upon a percentage of the costs incurred.

Guaranteed maximum price contracts or GMAX contracts are performed in a manner similar to cost reimbursable contracts except that the total fee plus the total cost cannot exceed an agreed upon guaranteed maximum price. We can be responsible for some or all of the total cost of the project if the cost exceeds the guaranteed maximum price. Where the total cost is less than the negotiated guaranteed maximum price, we will receive the benefit of the cost savings based upon a negotiated agreement with the client.

Competition

We are one of the world's larger providers of engineering, procurement and construction services. The markets served by our business are highly competitive and for the most part require substantial resources, particularly highly skilled and experienced technical personnel. A large number of companies are competing in the markets served by the business, including the Bechtel Group,'Inc., the Shaw Group, Jacobs Engineering Group, Kellogg Brown'& Root, Washington Group International and Foster Wheeler Corp.



   Company Address: 6700 Las Colinas Boulevard Irving, 75039 TX
   Company Phone Number: 398-7000   Stock Exchange / Ticker: NYSE FLR
   


Customers Net Income fell by FLR's Customers Net Profit Margin fell to

-24.34 %

9.35 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ACM   -2.05%    
EME        2.56% 
J   -0.71%    
KBR        0.21% 
PWR   -0.14%    
TPC        2.87% 
• View Complete Report
   



Fluor Corporation

Fluor Corporation Reports Exceptional Q2 2023 Performance with a 29.63% Leap in Earnings and Revenue Growth Surpassing Industry Average

Fluor Corporation, a renowned global engineering and construction company, recently announced its financial results for the period from April to June 30, 2023. The results revealed an impressive 26.169% increase in revenue, reaching $3.94 billion compared to the previous year. Additionally, the company's earnings per share (EPS) advanced by 29.63% to $0.35 per share on a year-on-year basis.
What makes Fluor Corporation's performance even more impressive is that it has surpassed its industry peers in terms of revenue growth. The Construction Services sector, during the same period, reported a revenue increase of only 3.86%. Furthermore, on a sequential basis, the company's EPS grew from $0.00 per share, and revenue increased by 6.144% from $3.71 billion.






 

Fluor's Segments
 
Oil & Gas
 Segment     of total Revenue
Industrial & Infrastructure
 Segment     of total Revenue
Power
 Segment     of total Revenue
Global Services
 Segment     of total Revenue
Government
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Fluor does not provide revenue guidance.

Earnings Outlook
Fluor Corporation issued annual earnings guidance on

 
Geographic Revenue Dispersion
United States
Canada
Asia Pacific
Europe
Latin America
Middle East & Africa

Fluor's Operating Statistics Decrease / Increase
       
Oil & Gas New Awards (millions $)    Oil & Gas New Awards (millions $) Growth   
Industrial & Infrastructure New Awards (millions $)   Industrial & Infrastructure New Awards (millions $) Decline   
Power New Awards (millions $)    Power New Awards (millions $) Growth   
Global Services New Awards (millions $)     
Government New Awards (millions $)   Government New Awards (millions $) Decline   
Total New Awards (millions $)   Total New Awards (millions $) Decline   
Oil & Gas Backlog (millions $)    Oil & Gas Backlog (millions $) Growth   
Industrial & Infrastructure Backlog (millions $)   Industrial & Infrastructure Backlog (millions $) Decline   
Power Backlog (millions $)    Power Backlog (millions $) Growth   
Global Services Backlog (millions $)     
Government Backlog (millions $)   Government Backlog (millions $) Decline   
Total Backlog (millions $)    Total Backlog (millions $) Growth   




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com