Fluor Corporation (FLR)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 9,143,000 | 6,973,000 | 6,827,000 | 7,279,560 | 7,309,810 |
| Operating ROA | 5.06% | 2.11% | 3.06% | 2.91% | 2.33% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $463,000K ÷ $9,143,000K
= 5.06%
Fluor Corporation's operating return on assets (operating ROA) has shown a fluctuating trend over the past five years. The ratio increased from 2.33% as of December 31, 2020, to 2.91% as of December 31, 2021, showing an initial improvement in the company's ability to generate profits from its assets. In the following year, the operating ROA continued to rise to 3.06% by December 31, 2022, indicating further efficiency in utilizing its assets.
However, there was a slight decrease in operating ROA to 2.11% as of December 31, 2023, suggesting a potential decrease in profitability relative to the assets employed. Nevertheless, Fluor Corporation's performance significantly improved in the most recent year, with the operating ROA surging to 5.06% by December 31, 2024, indicating a robust profitability level and efficient asset utilization.
Overall, the fluctuating pattern of the operating ROA for Fluor Corporation signals varying levels of profitability and efficiency in asset management over the five-year period, with the company experiencing both improvements and setbacks in its operational performance.
Peer comparison
Dec 31, 2024