Fluor Future Growth

Future criteria checks 2/6

Fluor is forecast to grow earnings and revenue by 16% and 7.6% per annum respectively. EPS is expected to grow by 16.1% per annum. Return on equity is forecast to be 18.1% in 3 years.

Key information

16.0%

Earnings growth rate

16.1%

EPS growth rate

Construction earnings growth	26.9%
Revenue growth rate	7.6%
Future return on equity	18.1%
Analyst coverage	Good
Last updated	22 Apr 2024

Recent future growth updates

Recent updates

Fluor's (NYSE:FLR) Returns Have Hit A Wall

Apr 30

Fluor: Reiterating 'Buy' Rating Due To Growing Reimbursable Backlog And Robust Pipeline

Apr 11

Fluor Corporation: Evidence Supports Statistical Upside Advantage For 1-3 Years Horizon

Jan 15

Estimating The Intrinsic Value Of Fluor Corporation (NYSE:FLR)

Jan 06

Is Fluor (NYSE:FLR) A Risky Investment?

Dec 07

Fluor Corporation: A Hedge Against Hurricanes And Inflation

Oct 31

Fluor Corporation: Looking For Growth Across All Segments

Oct 04

Fluor: Energy Segment Continuing To Drive The Company Forward

Sep 19

A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)

Sep 04

Fluor (NYSE:FLR) Could Be Struggling To Allocate Capital

Aug 14

Fluor (NYSE:FLR) Takes On Some Risk With Its Use Of Debt

Jul 03

Fluor: Improving Backlog To Continue To Drive Shares Northward

Jul 01

Calculating The Fair Value Of Fluor Corporation (NYSE:FLR)

Jun 05

Is Fluor (NYSE:FLR) A Risky Investment?

Mar 31

Returns At Fluor (NYSE:FLR) Are On The Way Up

Mar 08

Fluor Q4 2022 Earnings Preview

Feb 20

A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)

Feb 15

Fluor - Remaining Conservative Despite The Trend

Jan 27

We Think Fluor's (NYSE:FLR) Healthy Earnings Might Be Conservative

Nov 17

Fluor: I Believe The Market Is Overreacting

Nov 13

Estimating The Fair Value Of Fluor Corporation (NYSE:FLR)

Nov 03

Fluor Q3 2022 Earnings Preview

Nov 03

Fluor bags contract for Imperial renewable diesel project in Canada

Oct 24

Fluor leads biologics manufacturing facility expansion in Scandinavia

Sep 29

Fluor's (NYSE:FLR) Returns On Capital Are Heading Higher

Sep 22

Fluor: The 'Hold' Stance Paid Off - A Better Valuation

Aug 31

Fluor (NYSE:FLR) Seems To Use Debt Quite Sensibly

Aug 10

Fluor Q2 2022 Earnings Preview

Aug 04

Is There An Opportunity With Fluor Corporation's (NYSE:FLR) 42% Undervaluation?

Jul 20

Fluor Corporation: A First Take

Jun 18

Capital Allocation Trends At Fluor (NYSE:FLR) Aren't Ideal

Jun 08

Is Fluor (NYSE:FLR) A Risky Investment?

Apr 25

Fluor: A Risky, 25%+ Annual Upside Growth Story

Apr 08

Is There An Opportunity With Fluor Corporation's (NYSE:FLR) 42% Undervaluation?

Mar 29

Fluor's (NYSE:FLR) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Mar 08

Fluor Corporation: Transformation And New Energy Projects Imply Higher Stock Prices

Jan 18

Fluor (NYSE:FLR) Has A Somewhat Strained Balance Sheet

Dec 24

Fluor (NYSE:FLR) Is Finding It Tricky To Allocate Its Capital

Nov 26

The Momentum Investor: Spotlight On Fluor

Oct 17

Does Fluor (NYSE:FLR) Have A Healthy Balance Sheet?

Sep 09

Fluor's (NYSE:FLR) Returns On Capital Not Reflecting Well On The Business

Aug 12

Fluor: Shareholders Deserve A Lot Better

Jun 21

Fluor Corporation: Needs To Start Executing

Jun 08

Earnings and Revenue Growth Forecasts

NYSE:FLR - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	20,123	593	N/A	118	3
12/31/2025	19,116	525	424	433	9
12/31/2024	17,546	453	263	281	9
3/31/2024	15,456	259	137	262	N/A
12/31/2023	15,474	83	101	212	N/A
9/30/2023	15,364	104	-158	-50	N/A
6/30/2023	15,013	-52	-29	65	N/A
3/31/2023	14,374	-49	-27	58	N/A
12/31/2022	13,744	106	-44	31	N/A
9/30/2022	13,656	-180	172	230	N/A
6/30/2022	13,547	-162	-6	46	N/A
3/31/2022	13,931	-305	12	67	N/A
12/31/2021	14,156	-429	-50	25	N/A
9/30/2021	13,802	-249	-266	-178	N/A
6/30/2021	13,756	-259	-133	-32	N/A
3/31/2021	13,807	-187	-94	20	N/A
12/31/2020	15,788	-369	73	186	N/A
9/30/2020	15,298	-265	175	296	N/A
6/30/2020	16,470	-1,054	53	192	N/A
3/31/2020	16,881	-1,436	10	173	N/A
12/31/2019	15,454	-1,283	38	219	N/A
9/30/2019	16,813	-1,293	38	240	N/A
6/30/2019	16,026	-457	185	386	N/A
3/31/2019	14,482	-41	87	281	N/A
12/31/2018	18,851	153	-49	162	N/A
9/30/2018	16,296	130	-175	40	N/A
6/30/2018	17,395	156	-211	41	N/A
3/31/2018	19,509	113	-86	196	N/A
12/31/2017	14,807	-27	N/A	602	N/A
9/30/2017	19,483	202	N/A	804	N/A
6/30/2017	19,309	112	N/A	1,043	N/A
3/31/2017	19,449	238	N/A	861	N/A
12/31/2016	19,037	281	N/A	706	N/A
9/30/2016	18,418	160	N/A	731	N/A
6/30/2016	18,035	332	N/A	735	N/A
3/31/2016	17,989	378	N/A	925	N/A
12/31/2015	18,114	418	N/A	849	N/A
9/30/2015	19,199	689	N/A	806	N/A
6/30/2015	20,254	696	N/A	421	N/A
3/31/2015	20,696	710	N/A	495	N/A
12/31/2014	21,532	715	N/A	643	N/A
9/30/2014	22,368	662	N/A	494	N/A
6/30/2014	23,612	652	N/A	979	N/A
3/31/2014	25,551	650	N/A	997	N/A
12/31/2013	27,352	668	N/A	789	N/A
9/30/2013	28,083	497	N/A	821	N/A
6/30/2013	28,535	468	N/A	782	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLR's forecast earnings growth (16% per year) is above the savings rate (2.4%).

Earnings vs Market: FLR's earnings (16% per year) are forecast to grow faster than the US market (14.1% per year).

High Growth Earnings: FLR's earnings are forecast to grow, but not significantly.

Revenue vs Market: FLR's revenue (7.6% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: FLR's revenue (7.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: FLR's Return on Equity is forecast to be low in 3 years time (18.1%).

Fluor Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.2% to US$37.75

Price target increased by 7.1% to US$36.88

Price target increased to US$28.94

Price target increased to US$24.00

Price target increased to US$21.63

Price target decreased to US$19.93

Recent updates

First quarter 2024 earnings: EPS and revenues miss analyst expectations

Fluor's (NYSE:FLR) Returns Have Hit A Wall

Fluor: Reiterating 'Buy' Rating Due To Growing Reimbursable Backlog And Robust Pipeline

Fluor Announces First Gold from Gold Fields’ Salares Norte Mining Project in Chile

Fluor Corporation to Report Q1, 2024 Results on May 03, 2024

Here's Why Fluor (NYSE:FLR) Can Manage Its Debt Responsibly

Fluor Corporation, Annual General Meeting, May 01, 2024

Fluor Corporation's (NYSE:FLR) Share Price Matching Investor Opinion

Now 21% undervalued after recent price drop

New minor risk - Profit margin trend

Full year 2023 earnings: EPS and revenues miss analyst expectations

Fluor Corporation to Report Q4, 2023 Results on Feb 20, 2024

Fluor (NYSE:FLR) Might Have The Makings Of A Multi-Bagger

Fluor Corporation Elects Lisa Glatch to its Board of Directors

Fluor Corporation: Evidence Supports Statistical Upside Advantage For 1-3 Years Horizon

Estimating The Intrinsic Value Of Fluor Corporation (NYSE:FLR)

Is Fluor (NYSE:FLR) A Risky Investment?

Insufficient new directors

Fluor Corporation: A Hedge Against Hurricanes And Inflation

Fluor Corporation to Report Q3, 2023 Results on Nov 03, 2023

Fluor Corporation: Looking For Growth Across All Segments

Fluor: Energy Segment Continuing To Drive The Company Forward

Bilfinger SE (XTRA:GBF) agreed to acquire Stork business in Belgium, Germany, Netherlands and turbo blading manufacturing in US from Fluor Corporation (NYSE:FLR).

A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)

Now 21% undervalued

Fluor (NYSE:FLR) Could Be Struggling To Allocate Capital

Price target increased by 8.2% to US$37.75

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Fluor Corporation Reaches Significant Milestone on Lng Canada Project

Fluor Corporation to Report Q2, 2023 Results on Aug 04, 2023

Fluor Corporation to Report Q2, 2023 Results on Aug 04, 2023

Fluor (NYSE:FLR) Takes On Some Risk With Its Use Of Debt

Fluor: Improving Backlog To Continue To Drive Shares Northward

Insider recently sold US$606k worth of stock

Insider notifies of intention to sell stock

Calculating The Fair Value Of Fluor Corporation (NYSE:FLR)

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Fluor (NYSE:FLR) A Risky Investment?

Investor sentiment deteriorates as stock falls 15%

Insider recently sold US$151k worth of stock

Returns At Fluor (NYSE:FLR) Are On The Way Up

Insider exercised options and sold US$190k worth of stock

Price target increased by 7.1% to US$36.88

Full year 2022 earnings: EPS and revenues miss analyst expectations

Fluor Q4 2022 Earnings Preview

A Look At The Fair Value Of Fluor Corporation (NYSE:FLR)

Fluor - Remaining Conservative Despite The Trend

Fluor Corporation to Report Q4, 2022 Results on Feb 21, 2023

We Think Fluor's (NYSE:FLR) Healthy Earnings Might Be Conservative

Fluor Corporation Achieves Substantial Engineering Completion for Albemarle Lithium Conversion Project

Fluor: I Believe The Market Is Overreacting

Price target increased to US$28.94

Estimating The Fair Value Of Fluor Corporation (NYSE:FLR)

Fluor Q3 2022 Earnings Preview

Fluor bags contract for Imperial renewable diesel project in Canada

Fluor Corporation to Report Q3, 2022 Results on Nov 04, 2022

Investor sentiment improved over the past week

Fluor leads biologics manufacturing facility expansion in Scandinavia

Fluor's (NYSE:FLR) Returns On Capital Are Heading Higher

Fluor: The 'Hold' Stance Paid Off - A Better Valuation

Fluor Corporation Announces First Production of Copper Concentrate from Anglo American’s Quellaveco Mining Project in Peru

Investor sentiment improved over the past week

Fluor (NYSE:FLR) Seems To Use Debt Quite Sensibly

Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Fluor Q2 2022 Earnings Preview

Is There An Opportunity With Fluor Corporation's (NYSE:FLR) 42% Undervaluation?

Fluor Corporation to Report Q2, 2022 Results on Aug 05, 2022

Fluor Corporation: A First Take

Capital Allocation Trends At Fluor (NYSE:FLR) Aren't Ideal