NYSE:FLR

Stock Analysis Report

Executive Summary

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services worldwide.

Snowflake

Fundamentals

Established dividend payer and fair value.

Risks

  • Fluor has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Fluor's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.6%

NYSE:FLR

0.2%

US Construction

0.9%

US Market


1 Year Return

-69.4%

NYSE:FLR

-12.8%

US Construction

0.3%

US Market

FLR underperformed the Construction industry which returned -12.9% over the past year.

FLR underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

FLRIndustryMarket
7 Day-4.6%0.2%0.9%
30 Day-44.9%-7.7%-1.9%
90 Day-42.1%-3.9%1.6%
1 Year-68.7%-69.4%-12.1%-12.8%2.6%0.3%
3 Year-64.7%-66.6%8.4%6.2%41.0%31.8%
5 Year-74.6%-76.7%-0.8%-4.1%55.2%38.0%

Price Volatility Vs. Market

How volatile is Fluor's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fluor undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Fluor's share price is below the future cash flow value, and at a moderate discount (> 20%).

Fluor's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Fluor is loss making, we can't compare its value to the US Construction industry average.

Fluor is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Fluor, we can't assess if its growth is good value.


Price Based on Value of Assets

Fluor is good value based on assets compared to the US Construction industry average.


Next Steps

Future Growth

How is Fluor expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

118.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Fluor's revenue is expected to grow by 6% yearly, however this is not considered high growth (20% yearly).

Fluor's earnings are expected to grow significantly at over 20% yearly.

Fluor's revenue growth is positive but not above the United States of America market average.

Fluor's earnings growth is expected to exceed the United States of America market average.

Fluor's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Fluor is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Fluor performed over the past 5 years?

-41.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Fluor does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Fluor's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Fluor's 1-year growth to the US Construction industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Fluor has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Fluor has efficiently used its assets last year compared to the US Construction industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Fluor improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Fluor's financial position?


Financial Position Analysis

Fluor is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Fluor's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Fluor's level of debt (68%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (13.9% vs 68% today).

Debt is well covered by operating cash flow (22.7%, greater than 20% of total debt).

Unable to confirm if the interest payments on Fluor's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 3x debt.


Next Steps

Dividend

What is Fluor's current dividend yield, its reliability and sustainability?

4.72%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Fluor before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Fluor's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Fluor's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).


Next Steps

Management

What is the CEO of Fluor's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Carlos Hernandez (64yo)

0.3yrs

Tenure

US$4,052,849

Compensation

Mr. Carlos M. Hernandez has been the Chief Executive Officer and Director of Fluor Corporation since May 16, 2019. Mr. Hernandez served as an Executive Vice President, Chief Legal Officer and Secretary at  ...


CEO Compensation Analysis

Carlos's remuneration is about average for companies of similar size in United States of America.

Carlos's compensation has increased whilst company is loss making.


Management Age and Tenure

3.4yrs

Average Tenure

62yo

Average Age

The tenure for the Fluor management team is about average.


Board Age and Tenure

6.3yrs

Average Tenure

67.5yo

Average Age

The tenure for the Fluor board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$501,78614 May 19
Carlos Hernandez
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares17,001
Max PriceUS$29.52
BuyUS$476,96009 May 19
Alan Boeckmann
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares16,000
Max PriceUS$29.81
SellUS$25,99208 Mar 19
Taco de Haan
EntityIndividual
Shares702
Max PriceUS$37.03
BuyUS$250,26406 Nov 18
David Seaton
EntityIndividual
Shares5,158
Max PriceUS$48.52

Ownership Breakdown


Management Team

  • Mike Steuert (71yo)

    Chief Financial Officer

    • Tenure: 0.2yrs
    • Compensation: US$1.62m
  • Alan Boeckmann (70yo)

    Executive Chairman

    • Tenure: 0.3yrs
    • Compensation: US$102.51k
  • Carlos Hernandez (64yo)

    CEO & Director

    • Tenure: 0.3yrs
    • Compensation: US$4.05m
  • Jason Landkamer

    Director of Investor Relations

    • Tenure: 0.0yrs
  • Ray Barnard (60yo)

    Executive Vice President of Systems & Supply Chain

    • Tenure: 6.6yrs
    • Compensation: US$2.72m
  • Bruce Stanski (58yo)

    Executive Officer

    • Tenure: 0.2yrs
    • Compensation: US$3.62m
  • Garry Flowers (67yo)

    Executive Vice President

    • Tenure: 15.8yrs
    • Compensation: US$3.10m
  • Robert Taylor

    Chief Information Officer & Senior VP - Information Technology

    • Tenure: 0.0yrs
  • Jose Luis de Bustamante (55yo)

    Executive Vice President of Business Development & Strategy

    • Tenure: 4.5yrs
    • Compensation: US$2.60m
  • Robin Chopra (54yo)

    Senior VP

    • Tenure: 3.4yrs

Board Members

  • Matt Rose (59yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$280.19k
  • Jim Hackett (65yo)

    Independent Director

    • Tenure: 3.0yrs
    • Compensation: US$285.19k
  • Peter Barker (70yo)

    Independent Director

    • Tenure: 12.2yrs
    • Compensation: US$305.19k
  • Debby McWhinney (63yo)

    Independent Director

    • Tenure: 5.5yrs
    • Compensation: US$285.19k
  • Alan Boeckmann (70yo)

    Executive Chairman

    • Tenure: 0.3yrs
    • Compensation: US$102.51k
  • Carlos Hernandez (64yo)

    CEO & Director

    • Tenure: 0.3yrs
    • Compensation: US$4.05m
  • Armando Olivera (69yo)

    Independent Director

    • Tenure: 7.0yrs
    • Compensation: US$285.19k
  • Peter Fluor (71yo)

    Lead Independent Director

    • Tenure: 16.5yrs
    • Compensation: US$330.19k
  • Alan Bennett (69yo)

    Independent Director

    • Tenure: 7.8yrs
    • Compensation: US$302.51k
  • Rosemary Berkery (66yo)

    Independent Director

    • Tenure: 9.2yrs
    • Compensation: US$285.19k

Company Information

Fluor Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fluor Corporation
  • Ticker: FLR
  • Exchange: NYSE
  • Founded: 1912
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: US$2.445b
  • Shares outstanding: 139.93m
  • Website: https://www.fluor.com

Number of Employees


Location

  • Fluor Corporation
  • 6700 Las Colinas Boulevard
  • Irving
  • Texas
  • 75039
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FLRNYSE (New York Stock Exchange)YesCommon StockUSUSDDec 2000
FLUDB (Deutsche Boerse AG)YesCommon StockDEEURDec 2000
FLR *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNDec 2000
0IQCLSE (London Stock Exchange)YesCommon StockGBUSDDec 2000

Biography

Fluor Corporation, through its subsidiaries, provides engineering, procurement, construction, fabrication and modularization, operation, maintenance and asset integrity, and project management services wor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:39
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.