Fluor Corporation

FLR

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

16,315

Cost of Revenue

15,741

Gross Profit

574

Gross Margin

3.5%

Operating Income

463

Operating Margin

2.8%

Net Income

2,145

Net Margin

13.1%

EPS (Basic)

$12.48

EPS (Diluted)

$12.30

EBITDA

732

EBITDA Margin

4.5%

2023

12/31/2023

Revenue

15,474

Cost of Revenue

14,997

Gross Profit

477

Gross Margin

3.1%

Operating Income

147

Operating Margin

0.9%

Net Income

139

Net Margin

0.9%

EPS (Basic)

$0.55

EPS (Diluted)

$0.54

EBITDA

449

EBITDA Margin

2.9%

2022

12/31/2022

Revenue

13,744

Cost of Revenue

13,389

Gross Profit

355

Gross Margin

2.6%

Operating Income

209

Operating Margin

1.5%

Net Income

145

Net Margin

1.1%

EPS (Basic)

$0.75

EPS (Diluted)

$0.73

EBITDA

376

EBITDA Margin

2.7%

2021

12/31/2021

Revenue

14,156

Cost of Revenue

13,702

Gross Profit

454

Gross Margin

3.2%

Operating Income

-273

Operating Margin

-1.9%

Net Income

-440

Net Margin

-3.1%

EPS (Basic)

$-3.29

EPS (Diluted)

$-3.29

EBITDA

-182

EBITDA Margin

-1.3%

2020

12/31/2020

Revenue

14,158

Cost of Revenue

13,758

Gross Profit

400

Gross Margin

2.8%

Operating Income

Operating Margin

0.3%

Net Income

-435

Net Margin

-3.1%

EPS (Basic)

$-3.09

EPS (Diluted)

$-3.09

EBITDA

174

EBITDA Margin

1.2%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	16,315	15,474	13,744	14,156	14,158
Cost of Revenue	15,741	14,997	13,389	13,702	13,758
Gross Profit	574	477	355	454	400
Gross Margin	3.5%	3.1%	2.6%	3.2%	2.8%
Operating Income	463	147	209	-273	45
Operating Margin	2.8%	0.9%	1.5%	-1.9%	0.3%
Net Income	2,145	139	145	-440	-435
Net Margin	13.1%	0.9%	1.1%	-3.1%	-3.1%
EPS (Basic)	$12.48	$0.55	$0.75	$-3.29	$-3.09
EPS (Diluted)	$12.30	$0.54	$0.73	$-3.29	$-3.09
EBITDA	732	449	376	-182	174
EBITDA Margin	4.5%	2.9%	2.7%	-1.3%	1.2%