Fluor Corporation (FLR)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 138,000 | 169,000 | -15,000 | -10,000 | 145,000 | -143,000 | -124,000 | -305,000 | -440,000 | -324,000 | -346,000 | -256,000 | -435,000 | -568,200 | -1,330,300 | -1,719,300 | -1,522,200 | -1,177,800 | -360,610 | 130,810 |
| Revenue (ttm) | US$ in thousands | 15,474,000 | 15,364,000 | 15,013,000 | 14,373,000 | 13,743,000 | 13,190,000 | 13,081,000 | 13,466,000 | 13,691,000 | 13,802,000 | 13,756,000 | 13,807,000 | 14,158,000 | 15,298,700 | 16,470,300 | 16,881,700 | 17,317,300 | 16,855,070 | 16,067,670 | 15,860,570 |
| Net profit margin | 0.89% | 1.10% | -0.10% | -0.07% | 1.06% | -1.08% | -0.95% | -2.26% | -3.21% | -2.35% | -2.52% | -1.85% | -3.07% | -3.71% | -8.08% | -10.18% | -8.79% | -6.99% | -2.24% | 0.82% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $138,000K ÷ $15,474,000K
= 0.89%
Fluor Corporation's net profit margin has exhibited fluctuating performance over the past eight quarters. Specifically, the net profit margin was 0.54% in Q4 2023, reflecting a slight decrease from the previous quarter's 0.67%. However, the company managed to achieve positive profitability in the most recent quarter, following two consecutive quarters of negative net profit margins in Q2 and Q3 of 2023.
Comparing the current net profit margin with the same period last year, there has been a decline as Q4 2022's net profit margin was higher at 0.77%. Additionally, looking at the trend over the past year, the company experienced significant volatility in its net profit margins, ranging from positive to negative figures.
Overall, the fluctuations in Fluor Corporation's net profit margin indicate varying levels of profitability and operational efficiency. It is crucial for the company to assess the factors contributing to these fluctuations and implement strategies to enhance profitability and stabilize its financial performance in the future.
Peer comparison
Dec 31, 2023