Fluor Corporation (FLR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	139,000	145,000	-440,000	-435,000	-1,522,160
Revenue	US$ in thousands	15,474,000	13,744,000	14,156,000	15,788,000	15,454,000
Net profit margin		0.90%	1.06%	-3.11%	-2.76%	-9.85%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $139,000K ÷ $15,474,000K
= 0.90%

The net profit margin of Fluor Corporation has shown fluctuations over the past five years. In 2023, the net profit margin improved to 0.54% from 0.77% in 2022. However, the company reported negative net profit margins in the previous years, with the highest negative margin of -10.61% in 2019. These fluctuations indicate potential challenges the company has faced in generating profits relative to its revenue. It is essential for Fluor Corporation to continue monitoring and improving its operational efficiency and cost management strategies to sustain and enhance profitability levels in the future.

Peer comparison

Dec 31, 2023

Company name

Symbol

Net profit margin

Fluor Corporation

FLR

0.90%

Granite Construction Incorporated

GVA

0.62%

Jacobs Solutions Inc.