Fluor Corporation (FLR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,145,000 | 139,000 | 73,000 | -144,194 | -225,644 |
| Revenue | US$ in thousands | 16,315,000 | 15,474,000 | 13,744,000 | 12,434,900 | 15,668,500 |
| Net profit margin | 13.15% | 0.90% | 0.53% | -1.16% | -1.44% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,145,000K ÷ $16,315,000K
= 13.15%
Based on the data provided, the net profit margin of Fluor Corporation has been fluctuating over the past years. In 2020 and 2021, the company experienced negative net profit margins of -1.44% and -1.16%, indicating that the company's expenses were higher than its revenues during those years.
However, there was a noticeable improvement in the net profit margin in 2022 and 2023, reaching 0.53% and 0.90% respectively. This suggests that the company was able to control its expenses and increase profitability during these periods.
The most significant improvement in net profit margin occurred in 2024, with a substantial increase to 13.15%. This indicates that the company achieved a considerable growth in profitability and efficiency in that year.
Overall, the trend in net profit margin for Fluor Corporation shows a progression from negative margins to positive margins, reflecting the company's efforts to enhance its financial performance and operational efficiency over the years.
Peer comparison
Dec 31, 2024