Fluor Corporation (FLR)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 613,000 | 415,000 | 589,000 | 506,000 | 315,000 | 341,000 | 84,000 | 58,000 | 245,000 | 37,858 | 105,053 | -13,150 | -127,705 | -12,297 | -310,918 | -499,561 | -700,432 | -860,544 | -913,386 | -1,426,518 |
| 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 |
| Pretax margin | 3.76% | 2.61% | 3.74% | 3.27% | 2.04% | 2.22% | 0.56% | 0.40% | 1.78% | 0.29% | 0.83% | -0.10% | -1.03% | -0.10% | -2.23% | -3.46% | -4.48% | -5.49% | -5.89% | -8.99% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $613,000K ÷ $16,315,000K
= 3.76%
The pretax margin of Fluor Corporation has shown a significant improvement over the past few quarters. Starting from a negative margin of -8.99% in March 2020, the company has steadily reduced its losses, and by December 2024, achieved a positive pretax margin of 3.76%. This turnaround signifies an enhancement in the company's operational efficiency and cost management, leading to increased profitability before taxes. The positive trend in pretax margin indicates that Fluor Corporation has been able to generate more income relative to its total revenue, which bodes well for its financial health and future performance.
Peer comparison
Dec 31, 2024