Fluor Corporation (FLR)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,949,000K
= 0.00
Based on the data provided, the debt-to-equity ratio of Fluor Corporation has remained consistent at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage as its total debt is equal to its total equity. This could suggest a conservative financial strategy where Fluor Corporation is primarily funded through equity rather than debt. However, it is important to consider other financial metrics and factors to obtain a comprehensive understanding of the company's financial health and risk management strategies.
Peer comparison
Dec 31, 2024