Fluor Corporation (FLR)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 146,000 | 190,000 | -39,000 | -27,000 | 210,000 | -75,000 | 37,000 | -145,000 | -273,000 | -311,471 | -346,356 | -237,086 | -232,000 | -219,164 | -227,479 | -1,071,619 | -1,169,037 | -644,402 | -529,102 | 456,368 |
| Total assets | US$ in thousands | 6,973,000 | 7,163,000 | 6,756,000 | 6,630,000 | 6,827,000 | 6,870,000 | 6,525,000 | 6,492,000 | 7,089,000 | 7,258,080 | 7,856,480 | 7,020,920 | 7,309,810 | 7,271,650 | 7,240,770 | 7,292,470 | 7,966,660 | 7,888,980 | 8,979,050 | 9,022,190 |
| Operating ROA | 2.09% | 2.65% | -0.58% | -0.41% | 3.08% | -1.09% | 0.57% | -2.23% | -3.85% | -4.29% | -4.41% | -3.38% | -3.17% | -3.01% | -3.14% | -14.69% | -14.67% | -8.17% | -5.89% | 5.06% |
December 31, 2023 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $146,000K ÷ $6,973,000K
= 2.09%
Fluor Corporation's operating return on assets (ROA) fluctuated during the previous eight quarters, ranging from a low of -0.51% in Q1 2023 to a high of 4.01% in Q2 2022. The general trend indicates some volatility in operating ROA performance, with improvements seen in Q2 and Q3 2023 compared to the preceding quarters. Despite the variability, the operating ROA for Q4 2023 at 3.51% suggests a moderate level of profitability generated from the company's assets during that period. Further analysis of the company's operational efficiency and asset utilization may provide insights into the factors driving these fluctuations and assist in assessing Fluor Corporation's overall financial performance.
Peer comparison
Dec 31, 2023