NYSE:FLR

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Fair value with moderate growth potential.


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

Stable Share Price: FLR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.7%

FLR

1.5%

US Construction

-1.3%

US Market


1 Year Return

-39.6%

FLR

5.6%

US Construction

18.5%

US Market

Return vs Industry: FLR underperformed the US Construction industry which returned 5.6% over the past year.

Return vs Market: FLR underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

FLRIndustryMarket
7 Day13.7%1.5%-1.3%
30 Day37.0%15.1%5.3%
90 Day-3.7%21.7%7.5%
1 Year-38.6%-39.6%6.2%5.6%21.3%18.5%
3 Year-70.2%-72.0%13.7%11.3%42.4%32.9%
5 Year-72.3%-74.8%60.1%54.2%84.2%63.5%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLR ($11.89) is trading below our estimate of fair value ($28.16)

Significantly Below Fair Value: FLR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: FLR is unprofitable, so we can't compare its PE Ratio to the US Construction industry average.

PE vs Market: FLR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FLR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLR is good value based on its PB Ratio (1.1x) compared to the US Construction industry average (2x).


Next Steps

Future Growth

How is Fluor forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

48.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: FLR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FLR's is expected to become profitable in the next 3 years.

Revenue vs Market: FLR's revenue (4.7% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: FLR's revenue (4.7% 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 (18.5%).


Next Steps

Past Performance

How has Fluor performed over the past 5 years?

-72.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLR is currently unprofitable.

Growing Profit Margin: FLR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLR is unprofitable, and losses have increased over the past 5 years at a rate of 72.7% per year.

Accelerating Growth: Unable to compare FLR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLR is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (17.6%).


Return on Equity

High ROE: FLR has a negative Return on Equity (-108.43%), as it is currently unprofitable.


Next Steps

Financial Health

How is Fluor's financial position?


Financial Position Analysis

Short Term Liabilities: FLR's short term assets ($5.5B) exceed its short term liabilities ($3.9B).

Long Term Liabilities: FLR's short term assets ($5.5B) exceed its long term liabilities ($2.5B).


Debt to Equity History and Analysis

Debt Level: FLR's debt to equity ratio (106.7%) is considered high.

Reducing Debt: FLR's debt to equity ratio has increased from 31.7% to 106.7% over the past 5 years.

Debt Coverage: FLR's debt is not well covered by operating cash flow (13%).

Interest Coverage: Insufficient data to determine if FLR's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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

1.12%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FLR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FLR is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.3yrs

Average management tenure


CEO

Carlos Hernandez (65 yo)

1.42yrs

Tenure

US$6,522,247

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

Compensation vs Market: Carlos's total compensation ($USD6.52M) is above average for companies of similar size in the US market ($USD4.48M).

Compensation vs Earnings: Carlos's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Alan Boeckmann
Executive Chairman1.42yrsUS$3.81m0.021%
$ 354.5k
Carlos Hernandez
CEO & Director1.42yrsUS$6.52m0.11%
$ 1.8m
Douglas Steuert
Senior Advisor0.25yrUS$4.20m0.0082%
$ 137.5k
Garry Flowers
Executive VP of Construction16.92yrsUS$3.59m0.062%
$ 1.0m
Taco de Haan
Group President of Diversified Servicesno dataUS$3.36m0.0051%
$ 84.6k
Joseph Brennan
Executive VP & CFO0.25yrno data0.0072%
$ 119.7k
John Regan
Controller0.33yrno datano data
Robert Taylor
Chief Information Officer & Senior VP - Information Technologyno datano datano data
Jason Landkamer
Director of Investor Relationsno datano datano data
John Reynolds
Executive VP1.42yrsno data0.049%
$ 817.6k
Stacy Dillow
Executive VP & Chief Human Resources Officer1.08yrsno data0.0010%
$ 17.2k
David Marventano
Senior Vice President of Government Relations17.42yrsno datano data

1.3yrs

Average Tenure

63yo

Average Age

Experienced Management: FLR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Alan Boeckmann
Executive Chairman1.42yrsUS$3.81m0.021%
$ 354.5k
Carlos Hernandez
CEO & Director1.42yrsUS$6.52m0.11%
$ 1.8m
Matthew Rose
Independent Director6.5yrsUS$280.17k0.0018%
$ 30.6k
James Hackett
Independent Director4.17yrsUS$285.17k0.015%
$ 249.5k
Peter Barker
Independent Director13.33yrsUS$300.17k0.012%
$ 206.4k
Deborah McWhinney
Independent Director5.75yrsUS$280.17k0.0083%
$ 139.4k
Armando Olivera
Independent Director8.17yrsUS$285.17k0.0018%
$ 29.6k
Peter Fluor
Lead Independent Director17.67yrsUS$326.42k0.094%
$ 1.6m
Alan Bennett
Independent Director8.92yrsUS$300.17k0.0085%
$ 141.4k
Rosemary Berkery
Independent Director10.33yrsUS$283.92k0.010%
$ 173.1k
David Constable
Independent Director1.08yrsUS$36.18k0%
$ 0
Thomas Leppert
Independent Director1.08yrsUS$31.30kno data

6.1yrs

Average Tenure

66.5yo

Average Age

Experienced Board: FLR's board of directors are considered experienced (6.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$1.671b
  • Shares outstanding: 140.57m
  • 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 Analysis2020/10/21 00:37
End of Day Share Price2020/10/20 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.