Fluor Corporation (FLR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 463,000 | 147,000 | 209,000 | 211,650 | 170,252 |
| Revenue | US$ in thousands | 16,315,000 | 15,474,000 | 13,744,000 | 12,434,900 | 15,668,500 |
| Operating profit margin | 2.84% | 0.95% | 1.52% | 1.70% | 1.09% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $463,000K ÷ $16,315,000K
= 2.84%
Fluor Corporation's operating profit margin has displayed fluctuations over the past five years, indicating varying levels of operational efficiency and profitability.
In 2020, the operating profit margin stood at 1.09%, depicting a relatively low level of profitability in relation to the company's operating costs.
However, by the end of 2021, there was a noticeable improvement as the operating profit margin rose to 1.70%, suggesting enhanced operational performance and potentially better cost management strategies.
The margin slightly decreased in 2022 to 1.52%, although it remained above the 2020 level, indicating sustained profitability but with some challenges impacting operational efficiency.
By the end of 2023, the operating profit margin decreased further to 0.95%, signaling a decline in profitability potentially due to increased operating costs or other operational challenges.
Notably, in 2024, there was a significant improvement in the operating profit margin, reaching 2.84%, indicating a sharp increase in profitability possibly attributed to strategic initiatives that improved cost efficiency or increased revenue generation.
In summary, analyzing these fluctuations in the operating profit margin of Fluor Corporation provides insights into the company's ability to effectively manage its operating costs and generate profits over the years, highlighting both strengths and areas for potential improvement.
Peer comparison
Dec 31, 2024