Fluor (FLR) Debt-to-Equity

: 0.60 (As of Dec. 2023)

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Fluor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Fluor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,158 Mil. Fluor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,940 Mil. Fluor's debt to equity for the quarter that ended in Dec. 2023 was 0.60.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Fluor's Debt-to-Equity or its related term are showing as below:

FLR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 0.6 Max: 1.66
Current: 0.6

During the past 13 years, the highest Debt-to-Equity Ratio of Fluor was 1.66. The lowest was 0.33. And the median was 0.60.

FLR's Debt-to-Equity is ranked worse than
59% of 1505 companies
in the Construction industry
Industry Median: 0.43 vs FLR: 0.60

Fluor Debt-to-Equity Historical Data

The historical data trend for Fluor's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fluor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.14

1.66

0.86

0.63

0.60

Fluor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.63	0.58	0.55	0.77	0.60

Competitive Comparison

For the Engineering & Construction subindustry, Fluor's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fluor Debt-to-Equity Distribution

For the Construction industry and Industrials sector, Fluor's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Fluor's Debt-to-Equity falls into.

Fluor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fluor's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1158)	/	1940
	=	0.60

Fluor's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1158)	/	1940
	=	0.60

Fluor (NYSE:FLR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Fluor Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Fluor's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Fluor (FLR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fluor Corp (NYSE:FLR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

FLU:Germany FLU:Germany

Address

6700 Las Colinas Boulevard, Irving, TX, USA, 75039

Website

https://www.fluor.com

Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $13.7 billion in revenue in 2022.

Executives

Stacy L Dillow	officer: EVP, Chief HR Officer	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
James R Breuer	officer: Group President	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Matthew K Rose	director	2650 LOU MENK DRIVE, FORT WORTH TX 76131
James T Hackett	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Joseph L Brennan	officer: EVP, Chief Financial Officer	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Collins Alvin C Iii	officer: Group President	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Teri P Mcclure	director	55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
John C Regan	officer: EVP, Controller & CAO	801 CHERRY STREET, SUITE 3700, UNIT 19, FORT WORTH TX 76102
Thomas C Leppert	director	15901 OLDEN ST., SYLMAR CA 91354
Terry W Towle	officer: Group President	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
John R Reynolds	officer: Chief Legal Officer	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Carlos M Hernandez	officer: Chief Legal Officer/Secretary
Mark E Fields	officer: Group President	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Alan L Boeckmann	director, officer: Chairman and CEO	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Haan Taco De	officer: Group President	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039