Fluor Corporation (FLR)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,145,000 | 139,000 | 73,000 | -144,194 | -225,644 |
| Total assets | US$ in thousands | 9,143,000 | 6,973,000 | 6,827,000 | 7,279,560 | 7,309,810 |
| ROA | 23.46% | 1.99% | 1.07% | -1.98% | -3.09% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $2,145,000K ÷ $9,143,000K
= 23.46%
Fluor Corporation's return on assets (ROA) has shown a fluctuating trend based on the data provided.
- As of December 31, 2020, the ROA was at -3.09%, indicating that the company generated a negative return on its assets during that period.
- By December 31, 2021, the ROA improved slightly to -1.98%, but it still remained negative.
- Moving to December 31, 2022, the ROA turned positive at 1.07%, suggesting that the company started generating a modest return on its assets.
- Subsequently, by December 31, 2023, the ROA further increased to 1.99%, indicating a continued improvement in asset utilization efficiency.
- Finally, as of December 31, 2024, Fluor Corporation experienced a substantial boost in return on assets, reaching 23.46%, which signifies a significant increase in the profitability generated from its assets.
Overall, the data reflects varying levels of performance in utilizing assets to generate profits over the years, with a significant improvement in profitability by the end of 2024.
Peer comparison
Dec 31, 2024