Fluor Corporation (FLR)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 3,949,000 | 1,940,000 | 1,786,000 | 1,392,450 | 1,030,250 |
| ROE | 54.32% | 7.16% | 4.09% | -10.36% | -21.90% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $2,145,000K ÷ $3,949,000K
= 54.32%
Fluor Corporation's return on equity (ROE) has exhibited a fluctuating trend over the five-year period from 2020 to 2024. The ROE was negative in 2020 and 2021, indicating that the company's net income was insufficient to generate a positive return for its shareholders based on the equity invested.
However, there was a significant improvement in the ROE in 2022, turning positive at 4.09%, and this trend continued in 2023 with a further increase to 7.16%. This suggests that Fluor Corporation was able to enhance its profitability and effectively utilize shareholder equity to generate returns during these years.
Notably, in 2024, Fluor Corporation's ROE experienced a substantial jump to 54.32%, reflecting a significant surge in profitability and efficiency in utilizing equity. This sharp increase indicates a potentially robust financial performance and effective management of resources, leading to a highly favorable return for the company's shareholders.
Overall, the varying ROE values indicate a mixed performance by Fluor Corporation in terms of generating returns on equity over the five-year period, with notable improvements in later years signaling positive developments in the company's financial position and operational effectiveness.
Peer comparison
Dec 31, 2024