Fluor Corporation (FLR) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6700 LAS COLINAS BLVD IRVING, TX 75039 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 16 - Heavy Construction Other Than Building Construction Contractors (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,588 | 2,624 | 2,337 | 2,222 | 2,004 | 1,980 | |||
| Cash and cash equivalent | 2,519 | 2,439 | 2,209 | 2,199 | 1,997 | 1,765 | |||
| Short-term investments | 69 | 185 | 127 | 23 | 7 | 215 | |||
| Receivables | 1,137 | 1,109 | 901 | 1,182 | 1,075 | 1,534 | |||
| Contract with customer, asset, after allowance for credit loss | 991 | 915 | 932 | 968 | 882 | 1,545 | |||
| Disposal group, including discontinued operation | 855 | 238 | 1,195 | ||||||
| Other current assets | 347 | 396 | 538 | 425 | 359 | 382 | |||
| Total current assets: | 5,063 | 5,044 | 5,563 | 5,034 | 5,516 | 5,441 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 458 | 447 | 387 | 561 | 543 | 1,014 | |||
| Long-term investments and receivables | 614 | 584 | 514 | 532 | 574 | 938 | |||
| Long-term investments | 614 | 584 | 514 | 532 | 574 | 938 | |||
| Intangible assets, net (including goodwill) | 206 | 206 | 207 | 349 | 450 | 693 | |||
| Goodwill | 206 | 206 | 207 | 349 | 450 | 534 | |||
| Intangible assets, net (excluding goodwill) | 159 | ||||||||
| Deferred costs | 241 | 234 | 330 | 350 | 341 | 329 | |||
| Deferred income tax assets | 51 | 34 | 51 | 78 | 63 | ✕ | |||
| Other noncurrent assets | 340 | 278 | 229 | 405 | 479 | 316 | |||
| Other undisclosed noncurrent assets | 183 | ||||||||
| Total noncurrent assets: | 1,910 | 1,783 | 1,717 | 2,276 | 2,450 | 3,473 | |||
| TOTAL ASSETS: | 6,973 | 6,827 | 7,280 | 7,310 | 7,967 | 8,914 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,524 | 2,322 | 2,316 | 2,360 | 2,351 | 2,670 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 567 | 638 | 541 | 649 | ||
| Accounts payable | 1,214 | 1,017 | 1,099 | 1,232 | 1,358 | 1,639 | |||
| Accrued liabilities | 1,310 | 1,305 | 650 | 490 | 453 | 381 | |||
| Deferred revenue | 639 | 742 | 891 | 1,141 | 1,120 | ✕ | |||
| Debt | 152 | 1 | 25 | 39 | 27 | ||||
| Disposal group, including discontinued operation | 697 | 45 | 422 | ||||||
| Other undisclosed current liabilities | 856 | ||||||||
| Total current liabilities: | 3,163 | 3,216 | 3,904 | 3,572 | 3,932 | 3,553 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,158 | 978 | 1,167 | 1,710 | 1,652 | 1,662 | |||
| Long-term debt, excluding current maturities | 1,158 | 978 | 1,167 | 1,710 | 1,652 | 1,662 | |||
| Liabilities, other than long-term debt | 600 | 73 | 115 | 121 | 121 | 57 | |||
| Accounts payable and accrued liabilities | 530 | ||||||||
| Deferred income tax liabilities | 70 | 73 | 67 | 81 | 83 | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 48 | 40 | 37 | 57 | |||||
| Other undisclosed noncurrent liabilities | 564 | 527 | 644 | 678 | 524 | ||||
| Total noncurrent liabilities: | 1,758 | 1,615 | 1,809 | 2,475 | 2,451 | 2,243 | |||
| Total liabilities: | 4,921 | 4,831 | 5,713 | 6,047 | 6,383 | 5,796 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,940 | 1,786 | 1,392 | 1,030 | 1,488 | 2,963 | |||
| Preferred stock | 0 | ||||||||
| Common stock | 2 | 1 | 1 | 1 | 1 | 1 | |||
| Additional paid in capital | 1,228 | 1,254 | 966 | 196 | 165 | 82 | |||
| Accumulated other comprehensive loss | (269) | (365) | (366) | (417) | (380) | (542) | |||
| Retained earnings | 979 | 896 | 790 | 1,250 | 1,701 | 3,422 | |||
| Equity, attributable to noncontrolling interest | 112 | 210 | 174 | 233 | 96 | 155 | |||
| Total equity: | 2,052 | 1,996 | 1,567 | 1,263 | 1,584 | 3,118 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,973 | 6,827 | 7,280 | 7,310 | 7,967 | 8,914 | |||
Income Statement (P&L) ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 15,474 | 13,744 | 12,435 | 15,668 | 14,348 | 19,167 | ||
| Cost of revenue (Cost of Product and Service Sold) | (14,997) | (13,389) | (12,023) | (15,283) | (14,775) | (18,497) | ||
| Gross profit: | 477 | 355 | 412 | 385 | (427) | 670 | ||
| Operating expenses | (232) | (213) | (260) | (549) | (1,236) | (145) | ||
| Other undisclosed operating income (loss) | (98) | 67 | (211) | 481 | 1,277 | |||
| Operating income (loss): | 147 | 209 | (60) | 317 | (386) | 525 | ||
| Nonoperating income | 228 | 94 | 17 | 26 | 54 | 162 | ||
| Investment income, nonoperating | 228 | 94 | 17 | 26 | 54 | 162 | ||
| Interest and debt expense | (60) | (59) | (84) | (72) | (74) | (74) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 315 | 244 | (128) | 271 | (406) | 613 | ||
| Income from equity method investments | ||||||||
| Other undisclosed loss from continuing operations before income taxes | (478) | (871) | (131) | |||||
| Income (loss) from continuing operations before income taxes: | 315 | 244 | (128) | (207) | (1,277) | 482 | ||
| Income tax expense | (236) | (171) | (16) | (19) | (441) | (189) | ||
| Income (loss) from continuing operations: | 79 | 73 | (144) | (226) | (1,718) | 293 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (402) | (367) | (1,553) | 293 | |
| Income (loss) from discontinued operations | (258) | (141) | 165 | |||||
| Net income (loss): | 79 | 73 | (402) | (367) | (1,553) | 293 | ||
| Net income (loss) attributable to noncontrolling interest | 60 | 72 | 37 | (68) | ||||
| Other undisclosed net income (loss) attributable to parent | (75) | (68) | 31 | |||||
| Net income (loss) attributable to parent: | 139 | 145 | (440) | (435) | (1,522) | 225 | ||
| Preferred stock dividends and other adjustments | (27) | |||||||
| Other undisclosed net loss available to common stockholders, basic | (29) | (39) | (24) | |||||
| Net income (loss) available to common stockholders, diluted: | 83 | 106 | (465) | (435) | (1,522) | 225 | ||
Comprehensive Income ($ in millions)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 79 | 73 | (402) | (367) | (1,553) | 293 | ||
| Other comprehensive income (loss) | 94 | 2 | 53 | (36) | 162 | (142) | ||
| Comprehensive income (loss): | 173 | 75 | (349) | (403) | (1,391) | 150 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 63 | 47 | (40) | (69) | 32 | (66) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 236 | 122 | (389) | (472) | (1,359) | 85 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.