Fluor Corporation (FLR)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,143,000 | 7,100,000 | 6,811,000 | 6,700,000 | 6,973,000 | 7,163,000 | 6,756,000 | 6,630,000 | 6,827,000 | 6,870,000 | 6,525,000 | 6,492,000 | 7,279,560 | 7,258,080 | 7,856,480 | 7,020,920 | 7,309,810 | 7,292,470 | 7,966,660 | 7,292,470 |
| Total stockholders’ equity | US$ in thousands | 3,949,000 | 2,251,000 | 2,142,000 | 1,951,000 | 1,940,000 | 1,883,000 | 1,797,000 | 1,719,000 | 1,786,000 | 1,650,000 | 1,514,000 | 1,469,000 | 1,392,450 | 1,597,530 | 1,515,550 | 983,654 | 1,030,250 | 1,091,640 | 1,487,750 | 1,091,640 |
| Financial leverage ratio | 2.32 | 3.15 | 3.18 | 3.43 | 3.59 | 3.80 | 3.76 | 3.86 | 3.82 | 4.16 | 4.31 | 4.42 | 5.23 | 4.54 | 5.18 | 7.14 | 7.10 | 6.68 | 5.35 | 6.68 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,143,000K ÷ $3,949,000K
= 2.32
The financial leverage ratio of Fluor Corporation has been fluctuating over the analyzed periods. It decreased from 6.68 in March 2020 to 2.32 in December 2024. This indicates a decreasing trend in the company's reliance on debt to fund its operations and investments. A lower financial leverage ratio suggests that the company has a lower level of debt in relation to its equity, indicating a stronger financial position and decreased risk of financial distress. Overall, the decreasing trend in the financial leverage ratio of Fluor Corporation implies a more conservative capital structure and a potentially improved financial stability over the analyzed period.
Peer comparison
Dec 31, 2024