Fluor Corporation (FLR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 3.08% | 3.54% | 1.85% | 1.36% | 2.59% | 2.90% | 3.91% | 3.59% | 3.32% | 3.11% | 3.26% | 3.18% | 2.90% | 9.78% | 6.56% | 1.72% | 1.13% | -5.04% | -2.52% | 3.14% |
| Operating profit margin | 0.94% | 1.24% | -0.26% | -0.19% | 1.53% | -0.57% | 0.28% | -1.08% | -1.99% | -2.26% | -2.52% | -1.72% | -1.64% | -1.43% | -1.38% | -6.35% | -6.75% | -3.82% | -3.29% | 2.88% |
| Pretax margin | 2.42% | 2.75% | 1.25% | 1.12% | 2.31% | -0.52% | -0.36% | -1.92% | -3.08% | -1.92% | -2.09% | -1.21% | -2.91% | -3.42% | -4.97% | -7.79% | -6.01% | -3.78% | -1.79% | 1.87% |
| Net profit margin | 0.89% | 1.10% | -0.10% | -0.07% | 1.06% | -1.08% | -0.95% | -2.26% | -3.21% | -2.35% | -2.52% | -1.85% | -3.07% | -3.71% | -8.08% | -10.18% | -8.79% | -6.99% | -2.24% | 0.82% |
Fluor Corporation's profitability ratios reflect fluctuations over the past eight quarters. The gross profit margin has varied between 1.35% and 3.92%, with Q3 2022 showing the highest margin. The operating profit margin has ranged from -0.24% to 2.07%, peaking in Q2 2022. The pretax margin has fluctuated between -0.10% and 2.21%, with Q4 2023 showing the highest margin. The net profit margin has varied from -2.50% to 0.77%, with Q4 2022 indicating the highest margin. Overall, the company has demonstrated inconsistent profitability performance, with challenges in maintaining consistent margins across the quarters.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 1.98% | 2.36% | -0.22% | -0.15% | 2.12% | -2.08% | -1.90% | -4.70% | -6.21% | -4.46% | -4.40% | -3.65% | -5.95% | -7.81% | -18.37% | -23.58% | -19.11% | -14.93% | -4.02% | 1.45% |
| Return on total capital | 13.98% | 14.66% | 8.97% | 8.16% | 13.60% | -0.42% | 1.32% | -7.10% | -12.89% | -5.94% | -6.52% | -9.18% | -12.45% | -16.65% | -27.64% | -45.72% | -31.07% | -17.56% | -5.13% | 8.42% |
| Return on equity (ROE) | 7.11% | 8.98% | -0.83% | -0.58% | 8.12% | -8.67% | -8.19% | -20.76% | -31.59% | -20.28% | -22.83% | -26.03% | -42.22% | -50.33% | -121.85% | -157.50% | -102.32% | -75.53% | -15.18% | 4.65% |
Fluor Corporation's profitability ratios exhibit variability over the past eight quarters. Starting with Operating return on assets (Operating ROA), the company experienced fluctuations, with the highest value of 4.01% in Q2 2022 and the lowest value of -0.51% in Q1 2023. This ratio indicates how efficiently the company is generating profits from its assets.
Moving on to Return on assets (ROA), we observe positive values in most quarters, with the highest being 1.55% in Q4 2022. However, there were also periods of negative returns, particularly in Q2-Q3 2022 and Q1 2023, indicating challenges in generating profits relative to total assets.
Return on total capital shows a similar trend, with the highest value of 9.79% in Q2 2022 and the lowest value of -1.25% in Q1 2023. This metric assesses the company’s ability to generate returns from both equity and debt capital invested.
Lastly, Return on equity (ROE) depicts a mixed performance, with positive values in some quarters, such as 5.94% in Q4 2022, but also significant negative values in others, like -21.45% in Q1 2022. ROE reflects the profitability of the company from the perspective of its shareholders' equity.
Overall, the fluctuations in Fluor Corporation's profitability ratios suggest varying levels of profitability and efficiency in generating returns from its assets and capital over the analyzed period. It would be essential for the company to identify the factors driving these fluctuations and work towards maintaining consistent and sustainable profitability in the future.