Fluor Corporation (FLR)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 403,000 | 192,000 | 361,000 | 327,000 | 428,000 | 531,000 | 296,000 | 308,000 | 226,000 | -422 | 118,143 | 9,748 | -59,732 | -30,110 | -446,142 | -520,386 | -434,457 | -231,095 | -149,551 | -730,335 |
| Total assets | US$ in thousands | 9,143,000 | 7,100,000 | 6,811,000 | 6,700,000 | 6,973,000 | 7,163,000 | 6,756,000 | 6,630,000 | 6,827,000 | 6,870,000 | 6,525,000 | 6,492,000 | 7,279,560 | 7,258,080 | 7,856,480 | 7,020,920 | 7,309,810 | 7,292,470 | 7,966,660 | 7,292,470 |
| Operating ROA | 4.41% | 2.70% | 5.30% | 4.88% | 6.14% | 7.41% | 4.38% | 4.65% | 3.31% | -0.01% | 1.81% | 0.15% | -0.82% | -0.41% | -5.68% | -7.41% | -5.94% | -3.17% | -1.88% | -10.01% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $403,000K ÷ $9,143,000K
= 4.41%
Operating Return on Assets (Operating ROA) is a key financial ratio that measures a company's operating income generated per dollar of assets. Negative values indicate that the company is not efficiently using its assets to generate operating income, while positive values suggest improved efficiency.
Based on the data provided for Fluor Corporation, we observe a consistent trend of negative operating ROA values from March 2020 to December 2021, indicating inefficiency in utilizing assets to generate operating income during this period. However, starting from March 2022, there is a significant improvement in operating ROA, with positive values recorded consistently through December 2024.
The positive trend in operating ROA from March 2022 to December 2024 reflects Fluor Corporation's enhanced efficiency in generating operating income relative to its asset base. The notable increase in operating ROA in the latter part of the period suggests that the company's operational performance and asset utilization have improved significantly, signaling potential positive developments for the business.
Overall, the shift from negative to positive operating ROA values for Fluor Corporation indicates a positive trajectory in terms of operational efficiency and financial performance, highlighting the company's efforts to optimize asset utilization and enhance profitability over the analyzed period.
Peer comparison
Dec 31, 2024