Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide. The company operates through three segments: Urban Solutions, Energy Solutions, and Mission Solutions. The Urban Solutions segment offers EPC and project management services to the advanced technologies and manufacturing, life sciences, mining and metals, and infrastructure industries. This segment also provides professional staffing services to the company and third-party clients with technical, professional, and craft resources on a contract or permanent placement basis. The Energy Solutions segment offers EPC services for traditional oil and gas markets, including the production and fuels, chemicals, LNG, and power markets. This segment also provides solutions to the energy transition markets, including nuclear power and other low-carbon energy sources, asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, and hydrogen; and consulting services, such as feasibility studies, process assessments, and project finance structuring. The Mission Solutions segment offers technical solutions to the U.S. and other governments. This segment provides site management, environmental remediation, and decommissioning for nuclear remediation at governmental facilities, as well as services to commercial nuclear clients. It also delivers solutions for nuclear security and operation, nuclear waste management, and laboratory management; and operation and maintenance, logistics, EPC, and life support solutions for mission-critical facilities across U.S. military service organizations. The company was founded in 1912 and is headquartered in Irving, Texas.
Explore Growth Catalysts | The anticipated LNG Construction segment award could reverse weak booking trends, while successful monetization of 15 million NuScale shares could generate approximately $4 per Fluor share. |
Market Valuation | Analysts maintain a consistent $40 price target for Fluor, reflecting a mid-single-digit valuation multiple that aligns with historical levels but remains lower than sector peers. |
Financial Headwinds | Despite exceeding Q3 earnings expectations, Fluor faces concerning trends with book-to-bill ratios below 1 and cost overruns on legacy projects, leading to downward revisions of 2025 guidance. |
Strategic Pivot | Fluor Corporation balances challenges in core engineering business with promising opportunities through its stake in NuScale's Small Modular Reactor technology, potentially unlocking significant shareholder value. |
Metrics to compare | FLR | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipFLRPeersSector | |
|---|---|---|---|---|
P/E Ratio | 2.2x | 26.1x | 12.4x | |
PEG Ratio | 0.00 | 0.11 | 0.03 | |
Price / Book | 1.5x | 1.9x | 1.4x | |
Price / LTM Sales | 0.5x | 1.1x | 1.3x | |
Upside (Analyst Target) | 12.6% | 5.9% | 16.4% | |
Fair Value Upside | Unlock | 14.0% | 6.3% | Unlock |