Fluor (FLR) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Fluor Corporation  (NYSE: FLR)
    Sector  Capital Goods    Industry Construction Services

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Description of Fluor's Business Segments


Fluor Corporation is a prominent global engineering and construction firm that operates across multiple sectors, offering a wide array of services and solutions tailored to meet the diverse needs of its clients. The company is aligned into five principal operating segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services, and Power. Each segment provides specialized services that cater to distinct industries, allowing Fluor to effectively respond to the varying demands of its global clientele.

1. Oil & Gas

The Oil & Gas segment is a cornerstone of Fluors operations. It operates as an integrated service provider, delivering a comprehensive suite of services that encompass design, engineering, procurement, construction, and project management. This segment engages with a diverse range of energy-related industries, including:

- Upstream Oil and Gas Production: Involves exploration, drilling, and production activities, where Fluor supports projects related to new facility development, enhancements, and expansions.
- Downstream Refining and Integrated Petrochemicals: Focuses on processes that convert crude oil into usable products. Fluor supports projects such as upgrades of existing refineries, construction of new refining units, and installations of petrochemical facilities.

Fluors involvement in projects typically includes front-end engineering, construction management, and procurement responsibilities, making them pivotal in ensuring the successful execution of complex energy-related projects. Their portfolio encompasses:

- New facility constructions
- Facility upgrades and enhancements
- Fire and explosion rebuilds
- Pipeline construction
- Offshore facility installations
- Gas field development and oil sands projects
- Liquefied Natural Gas (LNG) projects

Industrial & Infrastructure

The Industrial & Infrastructure segment offers services to a wide range of sectors, including:

- Manufacturing
- Life Sciences
- Chemicals
- Mining
- Microelectronics
- Telecommunications
- Transportation

This segment is characterized by its design, engineering, procurement, and construction services, which are essential in the construction of new facilities and the refurbishment of existing ones. Fluor focuses on delivering cost-effective and timely solutions by leveraging its expertise in architectural and industrial design, construction management, and commissioning.

Typical projects can include:

- Advanced manufacturing plants
- Pharmaceutical manufacturing facilities
- Chemical processing plants
- Transportation infrastructure projects
- Telecommunications networks

By utilizing innovative and state-of-the-art practices, Fluor aims to help clients optimize the utilization of their facilities.

Government

Fluor’s Government segment serves a critical role, primarily providing project management services to federal entities like the United States Department of Energy (DOE) and the Department of Defense (DoD). Services offered include:

- Environmental restoration
- Engineering and construction
- Site operations and maintenance
- Logistics and infrastructure support

The Government segment is deeply involved in significant DOE project sites, focusing on complex engineering and construction tasks, environmental remediation, and the management of infrastructure to support military and governmental needs globally. Noteworthy activities include:

- Upgrading military facilities
- Maintenance efforts at military bases
- Construction and management services for embassies and consulates

Fluors acquisition of Del-Jen, Inc. and the International Division of J.A. Jones Construction has bolstered its capabilities in this segment, allowing for an expansion of service offerings and geographic reach.

Global Services

This segment consolidates various customized service capabilities that support core Fluor businesses. Services within Global Services include:

- Operations and maintenance activities
- Construction and maintenance site services
- Industrial fleet outsourcing
- Plant turnaround services
- Temporary staffing solutions

Fluors Global Services segment caters to essential markets, assisting clients in sectors like oil and gas, chemicals, life sciences, and power generation. The company’s service offerings are designed to streamline operations, reduce costs, and enable clients to focus on their core competencies while outsourcing non-core activities.

AMG (American Equipment Company, Inc.) and TRS Staffing Solutions exemplify Fluors dedication to providing integrated solutions—AMECO offers equipment and fleet solutions, while TRS specializes in staffing services for technical and engineering professionals.

Power

The Power segment centers on the design and construction of new power generation facilities, primarily within the fossil fuel industry. Services provided cover:

- Full-scale engineering, procurement, construction, startup, and maintenance services
- Emission control technologies to meet environmental standards
- In-plant services focusing on operational improvements, predictive and preventive maintenance, and turbine management

The Power segment holds a partnership with Grupo ICA in Mexico and Central America through ICA Fluor Daniel, demonstrating Fluor’s commitment to expanding its international footprint in the power sector.

International Operations

Fluors international operations are crucial to its overall business strategy. The company operates in numerous countries around the world, bringing its engineering and construction expertise to various global markets. This includes project management, construction services, and support for government operations, with a keen focus on meeting local regulations and standards.

Fluor continues to expand its international presence by leveraging strategic partnerships, carefully assessing regional market needs, and adapting its service offerings to fit local demands. This global reach not only helps in tapping into emerging markets but also allows Fluor to serve multinational clients with consistent and reliable service across borders.

In summary, Fluor Corporation’s multifaceted approach enables it to deliver tailored project solutions across a variety of sectors, supported by its broad international operations, extensive service offerings, and commitment to innovation and excellence.


Composition of Fluor Corporation Revenues by Segments

 
Urban Solutions    123.38 % of total Revenue
Energy Solutions    32.62 % of total Revenue
Mission Solutions    28.6 % of total Revenue
Consolidation, Eliminations    2.47 % of total Revenue
North America    143.1 % of total Revenue
Asia Pacific    8.64 % of total Revenue
Europe    26.17 % of total Revenue
Central and South America    5.45 % of total Revenue
Middle East and Africa    1.22 % of total Revenue

Q2 three months ended (Jun 30 2026)
Revenues by Business Segments Revenues
(in millions $)
%
(of total Revenues)
Urban Solutions 5,341.00 123.38 %
Energy Solutions 1,412.00 32.62 %
Mission Solutions 1,238.00 28.6 %
Consolidation, Eliminations 107.00 2.47 %
North America 6,195.00 143.1 %
Asia Pacific 374.00 8.64 %
Europe 1,133.00 26.17 %
Central and South America 236.00 5.45 %
Middle East and Africa 53.00 1.22 %
Total 4,329.00 100 %




Q2 three months ended (Jun 30 2026)
Revenue Growth rates by Segment Y/Y Revenue
%
Q/Q Revenue
%
Urban Solutions - 119.16 %
Energy Solutions - 100.85 %
Mission Solutions - 136.71 %
Consolidation, Eliminations - -
North America 124.7 % 123.81 %
Asia Pacific - -
Europe 56.71 % 93.02 %
Central and South America 61.64 % 198.73 %
Middle East and Africa 15.22 % 96.3 %
Total 8.82 % 18.18 %




Q2 three months ended (Jun 30 2026)
Income by Business Segments Income
(in millions $)
%
(Profit Margin)
Urban Solutions 44.00 0.82 %
Energy Solutions 161.00 11.4 %
Mission Solutions -26.00 -
Other Operating -1.00 -
Total 123.00 2.84 %




Q2 three months ended (Jun 30 2026)
Income Growth rates by Segment Y/Y Income
%
Q/Q Income
%
Urban Solutions - -
Energy Solutions - -
Mission Solutions - -
Other Operating - -
Total -94.95 % -25.45 %




Annual Report on Fluor Corporation Divisions, Sales by Country

 
North America   North America Segment contribution to total sales 72.98 % of total Revenue
Europe   Europe Segment contribution to total sales 18.67 % of total Revenue
Central and South America   Central and South America Segment contribution to total sales 3.47 % of total Revenue
Middle East and Africa   Middle East and Africa Segment contribution to total sales 0.98 % of total Revenue
Asia Pacific includes Australia   Asia Pacific includes Australia Segment contribution to total sales 3.9 % of total Revenue
Reportable segments   Reportable segments Segment contribution to total sales 100 % of total Revenue
Urban Solutions Reportable segments   Urban Solutions Reportable segments Segment contribution to total sales 59.34 % of total Revenue
Energy Solutions Reportable segments   Energy Solutions Reportable segments Segment contribution to total sales 22.92 % of total Revenue
Mission Solutions Reportable segments   Mission Solutions Reportable segments Segment contribution to total sales 17.54 % of total Revenue
Other Reportable segments   Other Reportable segments Segment contribution to total sales 0.19 % of total Revenue
Santos Ltd Pending litigation   Santos Ltd Pending litigation Segment contribution to total sales 4.15 % of total Revenue
Energy Solutions Santos Project   Energy Solutions Santos Project Segment contribution to total sales 0 % of total Revenue


Twelve months ended 2025
FLR s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
North America 11,314.00 72.98 %
Europe 2,895.00 18.67 %
Central and South America 538.00 3.47 %
Middle East and Africa 152.00 0.98 %
Total 15,503.00 100 %
Asia Pacific includes Australia 604.00 3.9 %
Reportable segments 15,503.00 100 %
Urban Solutions Reportable segments 9,200.00 59.34 %
Energy Solutions Reportable segments 3,554.00 22.92 %
Mission Solutions Reportable segments 2,720.00 17.54 %
Other Reportable segments 29.00 0.19 %
Santos Ltd Pending litigation 643.00 4.15 %
Energy Solutions Santos Project 0.00 0 %


Twelve months ended 2025
FLR s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -62.00 -

Twelve months ended 2025
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
North America 2.03 % -
Europe 7.66 % -
Central and South America 11.16 % -
Middle East and Africa -29.63 % -
Total -4.98 % -
Asia Pacific includes Australia -67.12 % -
Reportable segments -4.98 % -
Urban Solutions Reportable segments 27.09 % -
Energy Solutions Reportable segments -40.53 % -
Mission Solutions Reportable segments 4.86 % -
Other Reportable segments -94.27 % -



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