Fluor Corporation (FLR)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,949,000 | 1,940,000 | 1,786,000 | 1,392,450 | 1,030,250 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,949,000K)
= 0.00
Fluor Corporation's debt-to-capital ratio has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its total capital over this period. A debt-to-capital ratio of 0.00 generally suggests that the company is not relying heavily on debt financing to fund its operations and investments. It could imply a conservative financial strategy or a strong cash position that allows Fluor Corporation to operate without significant leverage. Overall, a low or zero debt-to-capital ratio can be viewed positively by investors and creditors as it signifies lower financial risk and potential for better financial stability.
Peer comparison
Dec 31, 2024