Fluor Corporation (FLR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 573,000 | 431,000 | 594,000 | 614,000 | 477,000 | 544,000 | 278,000 | 195,000 | 356,000 | 375,869 | 497,352 | 441,817 | 411,593 | 381,440 | 336,354 | 405,114 | 373,735 | 379,244 | 385,948 | -354,203 |
| Revenue (ttm) | US$ in thousands | 16,315,000 | 15,875,000 | 15,744,000 | 15,456,000 | 15,474,000 | 15,364,000 | 15,013,000 | 14,373,000 | 13,743,000 | 13,189,860 | 12,680,940 | 12,618,350 | 12,434,880 | 12,933,740 | 13,949,220 | 14,438,630 | 15,618,660 | 15,688,760 | 15,507,910 | 15,876,470 |
| Gross profit margin | 3.51% | 2.71% | 3.77% | 3.97% | 3.08% | 3.54% | 1.85% | 1.36% | 2.59% | 2.85% | 3.92% | 3.50% | 3.31% | 2.95% | 2.41% | 2.81% | 2.39% | 2.42% | 2.49% | -2.23% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $573,000K ÷ $16,315,000K
= 3.51%
Fluor Corporation's gross profit margin has shown fluctuation over the periods provided in the data. Starting at a negative margin in March 2020, the company has gradually improved its gross profit margin, reaching a peak of 3.97% in March 2024. There were periods of both growth and decline in the margin, with some quarters showing more significant changes compared to others.
The company experienced a steady increase in gross profit margin from the beginning of 2021 into 2022 before experiencing some volatility in the margins in the latter part of 2022 and 2023. However, Fluor Corporation managed to stabilize and improve its gross profit margin toward the end of 2023 and continued this positive trend into 2024.
Overall, the trend indicates that Fluor Corporation has made efforts to enhance its gross profit margin over the period analyzed, showing resilience and adaptability in managing its cost of goods sold and generating higher revenues to improve profitability.
Peer comparison
Dec 31, 2024