Fluor Corporation (FLR)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 2,145,000 | 260,000 | 412,000 | 304,000 | 115,000 | -73,000 | -249,000 | -244,000 | -66,000 | -135,169 | -124,700 | -197,368 | -332,392 | -216,661 | -523,089 | -683,367 | -862,302 | -865,810 | -1,341,835 | -1,729,697 |
| 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 |
| Net profit margin | 13.15% | 1.64% | 2.62% | 1.97% | 0.74% | -0.48% | -1.66% | -1.70% | -0.48% | -1.02% | -0.98% | -1.56% | -2.67% | -1.68% | -3.75% | -4.73% | -5.52% | -5.52% | -8.65% | -10.89% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,145,000K ÷ $16,315,000K
= 13.15%
The net profit margin of Fluor Corporation has shown a fluctuating trend over the periods reported. From March 31, 2020, to June 30, 2022, the company experienced negative net profit margins, indicating that the company was incurring losses or operating with very thin profit margins during those periods.
Starting from September 30, 2022, there was a gradual improvement in the net profit margin, with the company moving towards positive territory. By December 31, 2024, Fluor Corporation achieved a significant increase in its net profit margin, reaching 13.15%. This indicates a turnaround in the company's profitability, showing that it was able to generate more profit relative to its revenue during that period.
Overall, the trend in the net profit margin of Fluor Corporation reflects a challenging period followed by a notable improvement in the company's profitability, suggesting effective cost management or revenue growth strategies implemented by the company during the later periods.
Peer comparison
Dec 31, 2024