NYSE · FLR

Fluor Corporation

Industrials · Engineering & Construction

$54.74▼ 0.29% ($0.16)at close

Pre-market$55.03▲ 0.53%5:31 AM ET

52-week

$39.33$58.35

Market cap

No multiple

What the market price implies · Reverse DCF

Historical revenue grew by 2.3%/yr over the past 4 years.

Selected forecast · Base scenario

3.53%/yr · actual 10-year annualized revenue growth

Year 1 growth: 5.52%

Market-implied · Base operating assumptions + edited margins

Unavailable · flat 10-year annualized revenue growth

Reverse DCF solves revenue growth itself using Base operating assumptions and your edited margins. Changing forecast growth alone does not change the implied rate. This is a model-implied requirement, not an analyst forecast.

No supported revenue growth rate matches this price with these operating assumptions.

Valuation

Recommended · Revenue & margin DCF

Price used

$54.74

Estimated value / share

Unavailable

Base scenario

USD · TTM ending 2026-06-30

8 of 10 projected years produce negative free cash flow, so the model returns a negative enterprise value. A discounted-cash-flow valuation cannot be defended on those inputs, so it is not shown.

Year 1 growth 5.52% · Ending margin 0% · Discount rate 10.82%

Assumption scenarios, not statistical confidence intervals.

Method, dates & sources

Estimated from future revenue, operating margins, and the investment needed to support them.

Price timestamp: Sep 21, 2026, 8:00 PM UTC
Financial statement period: TTM ending 2026-06-30
Data refreshed: Sep 22, 2026, 9:56 AM UTC · provider

Why this method?

There is not a stable run of positive FCFF to anchor a direct cash-flow CAGR, so the model should start from revenue and margin assumptions instead.

Is FCFF positive and has it been for 3+ consecutive years? Only 2 consecutive positive FCFF years are available.

Price vs Fundamentals

Why The Stock Is Moving

Mixed / unclearLow confidence

1Y Price: 22.32%Revenue (TTM): -4.77%FCF (TTM): -235.8%P/E: 0th pct

What changed

The stock rose 22.32% over the last year. Revenue declined 4.77% over the trailing twelve months. Operating margin moved from 1.84% to -2.29%. Free cash flow declined 235.8% over the trailing twelve months.

What the market seems to be pricing

The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.

What would invalidate this read

Operating margin currently stands at -2.29%. A decisive move in revenue — currently down 4.77% — would be the clearest signal to resolve the ambiguity.

Performance

Return analysis

Company profile

Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

CEOJames R. Breuer

SectorIndustrials

IndustryEngineering & Construction

Employees22,995

IPO dateNov 30, 2000

https://www.fluor.com

Market multiples

Forward P/E—

EV/EBITDA-23.03

Enterprise value$5.64B

Stock splits

Jul 17, 2008↑ Forward

Every 1 shares became 2

+100%

Profitability & growth

Revenue growth8.82%

Gross margin (FY2025)-0.77%▼4.3ppvs FY2024

Operating margin (FY2025)-2.34%▼5.2ppvs FY2024

ROE-46.23%▼44.8ppvs FY2025

Analyst consensus

RatingBuy

Target price$62.33▲13.87%

Buy

Hold

Sell

Analyst ratings tend to be lagging indicators. Use as one signal among many.

Earnings

Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.

Next report

Nov 6, 2026

Q4 FY26 · EPS est $0.79 · Revenue est $4.27B

View