Fluor Corporation

NYSE:FLR Stock Report

Market Cap: US$6.1b

Fluor Management

Management criteria checks 2/4

Fluor's CEO is Jim Breuer, appointed in May 2025, has a tenure of 1.08 years. total yearly compensation is $6.87M, comprised of 15.6% salary and 84.4% bonuses, including company stock and options. directly owns 0.056% of the company’s shares, worth $3.37M. The average tenure of the management team and the board of directors is 1.5 years and 5.5 years respectively.

Key information

Jim Breuer

Chief executive officer

US$6.9m

Total compensation

CEO salary percentage15.59%
CEO tenure1yr
CEO ownership0.06%
Management average tenure1.5yrs
Board average tenure5.5yrs

Recent management updates

Recent updates

Analysis Article May 15

Weak Statutory Earnings May Not Tell The Whole Story For Fluor (NYSE:FLR)

Investors were disappointed by Fluor Corporation's ( NYSE:FLR ) latest earnings release. We did some analysis, and...
Seeking Alpha May 13

Fluor: Too Many Headwinds Are Emerging (Rating Downgrade)

Summary Fluor Corporation faces mounting headwinds after disappointing Q1 results, including an 8% revenue decline and weak adjusted EPS driven by legal and project cost overruns. AI data center construction and onshoring tailwinds are offset by economic slowdown risks, political uncertainty, and local pushback, complicating the near-term outlook. FLR's $1.4 billion share buyback, funded by the NuScale divestment, is viewed neutrally but signals limited reinvestment opportunities amid a challenging environment. With a 50% drop in new project awards and a complicated macro backdrop, I downgrade FLR to Hold. I will watch for concrete signs of economic and project momentum. Read the full article on Seeking Alpha
Narrative Update May 09

FLR: Core Backlog Turnaround And Cleaner Balance Sheet Will Support 2026 Reset

Narrative Update on Fluor Analysts have moved the average price target for Fluor up to $61 from $57. They cite expectations for a cleaner balance sheet, improving core bookings and a potential second half backlog inflection, while also factoring in a slightly higher discount rate and only modest adjustments to long term growth, margin and P/E assumptions.
Narrative Update Apr 21

FLR: Backlog Inflection And New Energy Work Will Drive Fresh Start

Fluor's analyst fair value estimate edges down from $54.22 to $53.50 as analysts factor in a slightly higher discount rate. They still highlight raised price targets tied to expectations for stronger core bookings and reduced NuScale related noise.
Narrative Update Apr 06

FLR: Core Backlog And Cleaner Balance Sheet Will Support 2026 Reset

Analysts have raised their average price target on Fluor by about $4 to $61, citing expectations for stronger core bookings, a cleaner balance sheet, and less drag from NuScale as key supports for the updated view. Analyst Commentary Bullish analysts are leaning into a more constructive view on Fluor, pointing to cleaner financials, easing NuScale related headwinds, and healthier core bookings as reasons to revisit valuation.
Narrative Update Mar 23

FLR: Core Backlog And 2026 Reset Will Support Future Upside

The analyst price target for Fluor has increased by $4 to $61. Analysts cite updated assumptions for revenue growth, profit margins, and a lower P/E multiple, along with recent Street research that highlights expectations for improving core business momentum and backlog.
Narrative Update Mar 09

FLR: Backlog Inflection And New Energy Projects Will Reshape Future Pipeline

The analyst price target for Fluor has moved higher, with our fair value estimate rising from $51.00 to about $54.22. Analysts point to higher external targets in the $48 to $61 range and focus on cleaner core operations, improving backlog momentum, and reduced NuScale related overhangs.
Narrative Update Feb 23

FLR: Backlog Hopes Will Struggle To Justify Rich Earnings Expectations

The analyst fair value estimate for Fluor has risen from $36.50 to about $40.83, reflecting higher Street price targets in the $48 to $61 range as analysts point to expectations of a cleaner balance sheet, fewer NuScale overhangs, and potential backlog momentum in the core business. Analyst Commentary Recent Street research on Fluor has centered on how quickly the company can convert its current setup into stronger execution in the core business, while also managing balance sheet clean up and legacy issues such as NuScale.
Narrative Update Feb 08

FLR: ES Execution And NuScale Monetization Will Support Future Upside

Analysts have lifted their price targets on Fluor by up to about US$5, reflecting recent Q3 earnings and guidance commentary that points to stronger contributions from the ES segment, progress on key projects and potential capital returns tied to NuScale monetization. Analyst Commentary Recent research is leaning constructive on Fluor, with several bullish analysts lifting their price targets following the Q3 earnings print and guidance update.
Narrative Update Jan 25

FLR: Earnings Execution And Asset Monetization Will Support Future Share Price Upside

Narrative Update on Fluor Analysts have lifted their price targets on Fluor by about US$4 to US$5 per share, citing the recent Q3 earnings beat, raised guidance, stronger profits in the ES segment, progress on the Mexico project and expectations around NuScale Power monetization and continued repurchases. Together, these factors support a slightly higher future P/E and modestly adjusted growth and margin assumptions in our model.
Narrative Update Jan 11

FLR: Activist Pressure And Asset Monetization Will Support Future Share Price Upside

Analysts have slightly raised their price targets on Fluor to around the mid US$50s, citing Q3 earnings that came in ahead of expectations, a guidance increase supported by stronger ES segment profits and progress on key projects, and potential capital returns funded by NuScale Power monetization. Analyst Commentary Recent Street research has turned more constructive on Fluor, with bullish analysts lifting their price targets into the mid US$50s after the company reported Q3 results that were ahead of expectations and raised its guidance.
Narrative Update Dec 15

FLR: Activist Pressure And Asset Monetization Will Drive Share Price Higher

Analysts have trimmed their fair value estimate for Fluor to approximately $57, down about $3, as they balance stronger revenue growth expectations and recent price target increases in the mid $50s with higher perceived risk and a more muted long term margin outlook. Analyst Commentary Bullish analysts have responded positively to Fluor's latest quarterly results, pointing to a combination of stronger segment profitability and improving project execution as key factors behind recent price target increases into the mid $50s.
Narrative Update Nov 09

FLR: Recent Power Deal Will Shape U.S. Energy Project Pipeline Ahead

Narrative Update: Fluor Analyst Price Target Revised Upward Analysts have raised Fluor's fair value price target from $49.89 to $51.00, citing improved revenue growth forecasts and recent developments involving NuScale Power's major U.S. SMR commitment as supportive factors. Analyst Commentary Analysts have evaluated recent developments related to NuScale Power and their impact on Fluor, providing both optimistic and cautious perspectives regarding the company's future outlook.
Analysis Article Oct 03

The Return Trends At Fluor (NYSE:FLR) Look Promising

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Narrative Update Aug 27

Urban Solutions And LNG Canada Will Shape Outlook Amid Risks

Analysts remain divided on Fluor’s valuation: while some see further upside from its NuScale Power stake and supportive macro trends, others believe the benefits are fully priced in following a sharp share rally, resulting in the consensus analyst price target holding steady at $49.89. Analyst Commentary Bullish analysts see continued upside from Fluor’s valuation linked to its NuScale Power (SMR) stake, with upgraded price targets reflecting revised assessments after deeper analysis of this asset.
Analysis Article Jul 28

Why Fluor Corporation (NYSE:FLR) Could Be Worth Watching

Fluor Corporation ( NYSE:FLR ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article Jul 16

Should You Be Adding Fluor (NYSE:FLR) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 04

Fluor (NYSE:FLR) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jun 22

Returns On Capital Are Showing Encouraging Signs At Fluor (NYSE:FLR)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jun 10

The Market Lifts Fluor Corporation (NYSE:FLR) Shares 26% But It Can Do More

The Fluor Corporation ( NYSE:FLR ) share price has done very well over the last month, posting an excellent gain of...
Seeking Alpha Apr 25

Fluor Corporation Stock: Strategic Construction Exposure Across Key Growth Sectors

Summary Fluor Corporation is undervalued, trading at 67.5% of intrinsic value, with strong growth prospects in revenue and earnings through 2029. The company excels in engineering, project management, procurement, and construction, with significant revenue from Urban and Energy Solutions. Fluor's balance sheet is robust, with cash and short-term investments 2.68 times its long-term debt, and a conservative debt-to-EBITDA ratio. Risks include international exposure and potential tariff issues, but alignment with US CAPEX infrastructure spending offers substantial growth opportunities. Read the full article on Seeking Alpha
Seeking Alpha Apr 07

Fluor Stock: Low Valuation And Long-Term Growth

Summary The market's steep sell-off created a buying opportunity for Fluor Corporation, which is now in oversold territory with attractive valuation levels. Fluor's long-term growth catalysts include new leadership, strategic financial goals, and significant contracts in energy, data centers, and construction. Despite recent earnings downgrades and revenue volatility, Fluor's low valuation and potential for margin expansion suggest a strong recovery over the next year. Fluor is poised to benefit from growing energy demand and data center needs, making the current sell-off a potentially lucrative buying opportunity. Read the full article on Seeking Alpha
Seeking Alpha Mar 20

Fluor Corporation: The Future Lingers On Its Ability To Win Favorable Contracts

Summary Fluor Corporation's 2024 results showed slowing sales and margins, with a 5% growth rate and significant challenges in the Energy Solutions segment. Despite a robust balance sheet, the company's efficiency and profitability metrics need substantial improvement to compete effectively with peers. The 2025 outlook is optimistic, with an expected 15% revenue growth driven by strong backlogs and new awards, especially in Urban Solutions. I recommend waiting for FLR operational improvements in the next quarters before investing, as current margins and competitiveness are not enticing. Read the full article on Seeking Alpha
Seeking Alpha Dec 30

3 Reasons To Consider Fluor

Summary Fluor Corporation has delivered commendable YTD returns of ~28% outperforming other mid-caps by 2x and industrial stocks by 1.6x. FLR's forward EV/EBITDA multiple is not cheap, but allowances could be made due to the sturdy operating leverage, while the FCF yield looks very compelling. A robust balance sheet and high cash levels support the likelihood of a pickup in buybacks, while the dividend too could be reinstated after 4 years. The risk-reward on the standalone and relative strength charts look favorable. FLR doesn't have the most pristine track record when it comes to guidance, and the energy solutions division is currently suffering from a lack of conversion from FEED work to EPC wins. Read the full article on Seeking Alpha
Seeking Alpha Oct 20

Fluor: Stock Looks Bullish To End 2024 And To Begin 2025

Summary Fluor Corporation is expected to have a strong finish to 2024, with positive momentum continuing into 2025. The company benefits from a steady flow of new contract awards, bolstering its positive outlook. Fluor's stock valuation remains reasonable, making it an attractive investment opportunity. Increasing margins are likely to drive strong earnings growth. Read the full article on Seeking Alpha
Seeking Alpha Sep 23

Fluor: Right To Remain Conservative, Market Underperformance

Summary Fluor is a solid company with good revenues and project backlogs, but its cyclical nature and lack of dividend make it a "Hold." The company has shown recovery post-COVID-19, but missed market expectations in the recent quarter, highlighting its volatility and macroeconomic exposure. Fluor's growth prospects are uncertain, with concerns over backlog volume and inconsistent earnings forecasts, making double-digit growth unlikely. My new price target for Fluor is $34/share, reflecting a conservative annualized RoR of 15% without assuming high EPS growth. Read the full article on Seeking Alpha
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New Narrative Aug 27

Fellows Program And Asset-Light Model Propel Market Diversification And Revenue Growth

The Fluor Fellows program positions Fluor favorably in competitive bids by fostering innovation and technical superiority.

CEO Compensation Analysis

How has Jim Breuer's remuneration changed compared to Fluor's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$350m

Dec 31 2025US$7mUS$1m

-US$51m

Sep 30 2025n/an/a

US$3b

Jun 30 2025n/an/a

US$4b

Mar 31 2025n/an/a

US$2b

Dec 31 2024US$3mUS$598k

US$2b

Compensation vs Market: Jim's total compensation ($USD6.87M) is about average for companies of similar size in the US market ($USD8.47M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Jim Breuer (56 yo)

1yr
Tenure
US$6,873,013
Compensation

Mr. James R. Breuer, also known as Jim, is the Chief Executive Officer at Fluor Corporation since May 1, 2025 and was its Chief Operating Officer since August 5, 2024 until May 1, 2025 and also serves as i...


Leadership Team

NamePositionTenureCompensationOwnership
James Breuer
CEO & Director1yrUS$6.87m0.056%
$ 3.4m
John Regan
CFO & Controller5.9yrsUS$2.68m0.048%
$ 2.9m
Kevin Hammonds
Chief Legal Officer & Corporate Secretary1.8yrsUS$2.09m0.018%
$ 1.1m
Mark Fields
Group President of Strategic Projects17.3yrsUS$3.00m0.11%
$ 6.6m
Alvin Collins
Business Group President of Mission Solutions1.3yrsUS$2.25m0.051%
$ 3.1m
James Elliott
Chief Accounting Officerless than a yearno datano data
Jason Landkamer
Director of Investor Relationsno datano datano data
Eric Helm
Senior VPno datano datano data
Nicole Davies
Executive VP of Corporate Development & Sustainability1.3yrsno data0.013%
$ 808.6k
Tracey Cook
Chief Human Resources Officer1.1yrsno data0.0065%
$ 394.3k
David Marventano
Senior Vice President of Government Relations23yrsno datano data
Terry Towle
Group President of Urban Solutions12.3yrsno datano data
1.5yrs
Average Tenure
55yo
Average Age

Experienced Management: FLR's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
James Breuer
CEO & Director1.1yrsUS$6.87m0.056%
$ 3.4m
Matthew Rose
Independent Director12.1yrsUS$300.22k0.071%
$ 4.3m
James Hackett
Independent Chairman of the Board9.8yrsUS$350.22k0.081%
$ 4.9m
Lisa Glatch
Independent Director2.3yrsUS$307.72k0.010%
$ 610.8k
Alan Bennett
Independent Director14.5yrsUS$326.47k0.043%
$ 2.6m
Rosemary Berkery
Independent Director15.9yrsUS$318.22k0.045%
$ 2.7m
H. Eberhart
Independent Director5.5yrsUS$300.22k0.031%
$ 1.9m
Robert Card
Independent Directorless than a yearno data0.0030%
$ 180.8k
Teri McClure
Independent Director5.6yrsUS$300.22k0.031%
$ 1.9m
Charles Blankenship
Independent Director1.2yrsUS$296.03k0.0066%
$ 397.3k
5.5yrs
Average Tenure
67.5yo
Average Age

Experienced Board: FLR's board of directors are considered experienced (5.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 22:20
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fluor Corporation is covered by 25 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew WittmannBaird
Andrew KaplowitzBarclays
Adam SeidenBarclays