Fluor Corporation (FLR) Stock Price & Analysis
Fluor Corporation (FLR) closed at USD 43.42 on Thursday, October 22, 2026, down 6.44% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 46.41; the Oct 22, 2026 session ranged USD 43.17–45.8 on volume of 4,187,503 shares. Market capitalization is $5.81B, with a 52-week range of USD 39.33–58.35 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:23 UTC.
Also available as compact Markdown for AI agents: nexqual.com/FLR.md
Key facts (FLR)
- Last four reported quarters (through Jun 30, 2026): revenue $15.5B, net income -$2.00B (-12.8% margin), free cash flow -$330M (SEC filings).
- 2 of 80 tracked superinvestors hold FLR (13F, Q2 2026): 0 new, 1 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 1 Form 4 filings, $276K; 0 not under a Rule 10b5-1 plan ($0K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.56 on a 1–5 scale) (9 analysts), mean target USD 61.56 (range 50–71).
- Total return with dividends: 1Y -8.9% vs S&P 500 +14.9%; 5Y +134.3% vs S&P 500 +80.3%.
- Next earnings: 2026-11-06, EPS estimate USD 0.79, revenue estimate $4.28B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (FLR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $14.2B | $13.7B | $15.5B | $16.3B | $15.5B | $15.5B |
| Gross profit | $454M | $355M | $477M | $574M | -$120M | — |
| Operating income | -$273M | $209M | $147M | $463M | -$378M | -$216M |
| Net income | -$440M | $145M | $139M | $2.15B | -$51.0M | -$2.00B |
| EPS (diluted) | — | $0.73 | $0.54 | $12.30 | -$0.31 | — |
| Free cash flow | -$50.0M | -$44.0M | $106M | $664M | -$437M | -$330M |
| Gross margin | 3.2% | 2.6% | 3.1% | 3.5% | -0.8% | — |
| Operating margin | -1.9% | 1.5% | 0.9% | 2.8% | -2.4% | -1.4% |
| Net margin | -3.1% | 1.1% | 0.9% | 13.1% | -0.3% | -12.8% |
| Revenue growth | -10.3% | -2.9% | +12.6% | +5.4% | -5.0% | — |
| Cash + short-term investments | $2.34B | $2.62B | $2.59B | $2.96B | $2.19B | — |
| Total debt | $1.19B | $1.13B | $1.16B | $1.10B | $1.07B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (FLR)
P/S 0.4x · EV/Sales 0.3x · P/B 2.2x · FCF yield -5.68% · Earnings yield -34.37% · Buyback yield (TTM) 21.96% · Net cash $1.97B · EV $3.84B
P/E at fiscal year-ends: Dec 2024 4.0x, Dec 2023 43.1x.
Superinvestors (SEC 13F-HR, Q2 2026) (FLR)
2 of 80 tracked investors hold FLR. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| David Einhorn | Greenlight Capital | 6.24% | $244M | Reduced -1.9% |
| Lee Ainslie | Maverick Capital | 0.88% | $97.3M | Added +31.2% |
Insider sales (SEC Form 4, open-market, last ~7 months) (FLR)
1 of 1 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-07 | Bechelany Pierre Edward | Group President | 5,000 | $276K | 12.2% | Yes (adopted March 9, 2026) | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (FLR)
Consensus Hold (mean 2.56 on a 1–5 scale), 9 analysts; mean target USD 61.56 (low 50, high 71).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-10 | UBS | Target raised | Buy | $59 → $66 |
| 2026-08-10 | Truist Securities | Target raised | Buy | $64 → $71 |
| 2026-08-10 | Citigroup | Target raised | Buy | $56 → $68 |
| 2026-08-10 | Baird | Target raised | Neutral | $49 → $65 |
| 2026-08-10 | Barclays | Target raised | Equal-Weight | $40 → $50 |
| 2026-07-02 | Truist Securities | Target raised | Buy | $57 → $64 |
Total return (dividends reinvested) (FLR)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -8.9% | +134.3% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -8.9% | +18.5% |
| Volatility (annualized) | 48.2% | 43.6% |
| Max drawdown | -24.5% (Sep 2026→Oct 2026) | -44.7% (Nov 2024→Mar 2025) |
FLR revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Urban Solutions | $2.90B | 67.1% | +40.3% |
| Mission Solutions | $716.0M | 16.5% | -6.0% |
| Energy Solutions | $709.0M | 16.4% | -38.0% |
| Total revenue | $4.33B | 100% | — |
FLR revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $3.43B | 79.2% | +24.3% |
| Europe | $546.0M | 12.6% | -24.5% |
| Asia Pacific (includes Australia) | $172.0M | 4.0% | -43.8% |
| Central and South America | $157.0M | 3.6% | +7.5% |
| Middle East and Africa | $26.0M | 0.6% | -43.5% |
| Total revenue | $4.33B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
Companies that name FLR in their SEC reports
| Relationship to FLR | Company | Filing | Sentence |
|---|---|---|---|
| supplier | GRAHAM CORP (GHM) | 10-K Jun 8, 2026 | “A representative list of our customers include: 3M, Air Liquide, Anduril, Applied Research Laboratory at Pennsylvania State University, Aramco, Axiom Space, Bechtel Plant Machinery Inc., Blue Origin, Boeing, CERN, China State-owned Refiners, Cummins, Dow Chemical, DuPont, Echogen Power Systems, General Atomics, General Dynamics, GE Vernova, ExxonMobil, Fluor Corporation, Intuitive Machines, Jacobs Engineering Grou…” |
| partner | NUSCALE POWER Corp (SMR) | 10-K Feb 26, 2026 | “•Our commercialization strategy relies on our relationships with Fluor and other strategic investors and partners, such as ENTRA1, who may have interests that diverge from ours and who may not be easily replaced if their relationships terminate;” |
| partner | ABB LTD (ABBNY) | 20-F Feb 23, 2024 | “Contribution to the delivery of our commitments under the Deferred Prosecution Agreement with the US Department” |
FLR customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 15% of revenue, per the company's 10-K filed Feb 17, 2026. The company does not name it.
FLR company outlook (results filed Aug 7, 2026)
- “The company is narrowing its 2026 adjusted EBITDA guidance from $525 – $560 million to $500 – $525 million.”
- “Adjusted EBITDA guidance excludes items similar to those outlined in the reconciliation table at the end of this release.”
- “New awards for the quarter included a gas compression project on the west coast and the limited notice to proceed on the phase 2 expansion”
Quoted word-for-word from the SEC 8-K results press release.
FLR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.79 | $0.85 | -6.3% | $4.28B | 6 |
| Next quarter (ends Dec 2026) | $0.86 | $0.90 | -4.4% | $4.42B | 6 |
| Current fiscal year (ends Dec 2026) | $2.71 | $2.57 | +5.4% | $16.69B | 8 |
| Next fiscal year (ends Dec 2027) | $3.38 | $3.27 | +3.4% | $18.35B | 8 |
FLR options: expected move
Options price a move of about ±14.9% (±$6.48) by Nov 20, 2026, which includes earnings on Nov 6, 2026. Over the last 8 reports the stock moved ±11.6% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 66.3% | ±14.9% |
| Dec 18, 2026 | 56 | 55.6% | ±17.5% |
| Jan 15, 2027 | 84 | 53.1% | ±20.4% |
| Apr 16, 2027 | 175 | 51.8% | ±28.5% |
30-day implied volatility 63.4% vs 38% realized over the last 30 trading days. Put/call ratio (volume) 3.02. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:23 UTC)
| Price | USD 43.42 |
|---|---|
| Change | ▼ 6.44% (down) |
| Previous Close | USD 46.41 |
| Open | USD 45.62 |
| Day Range | USD 43.17 – 45.8 |
| 52-Week Range | USD 39.33 – 58.35 |
| Volume | 4,187,503 shares |
| Market Cap | $5.81B |
| Exchange | NYQ |
Technical Analysis (FLR)
Nexqual's technical model rates FLR "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:23 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 26 (oversold) |
| vs SMA50 | Below (USD 51.84) |
| MACD | -1.88 (negative) |
Analyst Ratings (FLR)
Wall Street analysts rate FLR "Hold" based on 9 analysts, with a mean price target of USD 61.56 (range USD 50–71), per Nexqual as of October 23, 2026 at 09:23 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 61.56 |
| High Target | USD 71 |
| Low Target | USD 50 |
| Buy / Hold / Sell | 4 / 5 / 0 |
Earnings (FLR)
| Next Earnings Date | 2026-11-06 |
|---|---|
| EPS Estimate | USD 0.79 |
| Revenue Estimate | $4.28B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.91 vs est 0.7 ▲ beat |
| 2026-03-31 | USD 0.14 vs est 0.62 ▼ miss |
| 2025-12-31 | USD 0.33 vs est 0.34 ▼ miss |
| 2025-09-30 | USD 0.68 vs est 0.45 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financials & Fundamentals (FLR)
| Total Revenue | $15.53B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +8.80% |
| Gross Margin | -0.80% |
| Operating Margin | +3.26% |
| Profit Margin | -12.85% |
| ROE | -45.17% |
| Debt / Equity | 0.38 |
| Current Ratio | 1.8 |
| Total Cash | $3.04B |
| Total Debt | $1.07B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$330.00M (-2.1% of revenue) |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Financial Health Score (FLR)
Nexqual rates Fluor Corporation's overall financial health "Weak" across five dimensions, as of October 23, 2026 at 09:23 UTC.
| Growth | Weak — Revenue -5% YoY (annual), declining |
|---|---|
| Profitability | Critical — Gross margin -1% (last 12 months) |
| Balance Sheet | Solid — $3.04B cash and investments vs $1.07B debt (Jun 2026, SEC), net cash |
| Cash Flow | Weak — FCF negative: -$330M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -45%, ROA -1.9% |
Ownership (FLR)
| Insider Ownership | +2.39% |
|---|---|
| Institutional Ownership | +99.96% |
| Shares Outstanding | 133.74M |
| Float | 131.56M |
| Short % of Float | +11.38% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
Leadership (FLR)
Fluor Corporation is led by James R. Breuer, CEO & Director, per Nexqual as of October 23, 2026 at 09:23 UTC.
| CEO & Director | James R. Breuer |
|---|---|
| Executive VP & CFO | John C. Regan |
| Business Group President of Mission Solutions | Alvin C. Collins |
| Director of Investor Relations | Jason Landkamer |
| Senior Vice President of Government Relations | David Marventano |
Major Backers & Investors (FLR)
Notable institutional backers of Fluor Corporation include Rubric Capital Management LP, DME Capital Management, LP, Hotchkis & Wiley Capital Management, LLC, according to Nexqual as of October 23, 2026 at 09:23 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Rubric Capital Management LP | 3.75% |
| DME Capital Management, LP | 3.48% |
| Hotchkis & Wiley Capital Management, LLC | 3.47% |
| Shaw D.E. & Co., Inc. | 2.21% |
| Fidelity | 1.17% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 14.37% |
| Vanguard Group | 9.74% |
| State Street | 4.2% |
| Geode Capital | 3.62% |
| Dimensional Fund Advisors | 2.2% |
Source: Nexqual, October 23, 2026 at 09:23 UTC.
From Fluor Corporation's Latest SEC 10-K Filing (filed 2026-02-17)
Key Strengths & Strategy (as disclosed to the SEC)
- As a leading publicly traded EPC firm, our global footprint enables us to build local relationships, seize opportunities and rapidly mobilize resources to project sites worldwide.
- We have developed, acquired or otherwise have the right to license technology, know-how, and other proprietary rights that we maintain and protect using a variety of IP protections including patents, trade secrets, and contractual terms in commercial agreements, including confidentiality and license agreements.
- We continue to improve our approach to data-driven execution and the use of A.I. and other technologies, which has enhanced our ability to meet our clients' needs.
- We believe that maintaining a balanced business portfolio allows us to focus on our more stable markets while capitalizing on cyclical or emerging markets when the timing is appropriate.
Partnerships
- We converted the remaining 111 million of our NuScale voting shares (along with the associated ownership units in NuScale's operating subsidiary) into registered shares upon reaching agreement with NuScale in November 2025.
Legal & Regulatory Risks (Item 1A, quoted)
- We are involved in litigation and regulatory proceedings, potential liability claims and contract disputes that may have a material impact on us.
- Our failure to recover adequately on claims against project owners, subcontractors or suppliers for payment or performance could have a material effect on us.
- We could be adversely affected by violations of the U.S. Foreign Corrupt Practices Act and similar worldwide anti-bribery laws.
- We could be adversely impacted if we fail to comply with domestic and international import and export laws.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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|---|---|---|---|
| ECG | Everus Construction Group, Inc. | USD 97.05 | ▼ 8.44% |
| DY | Dycom Industries, Inc. | USD 225.16 | ▼ 5.18% |
| ACA | Arcosa, Inc. | USD 149.15 | ▲ 0.08% |
| ACM | AECOM | USD 60.83 | ▲ 2.25% |
| STN | Stantec Inc | USD 72.77 | ▲ 3.63% |
| GVA | Granite Construction Incorporat | USD 107.45 | ▼ 2.08% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:23 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt