← FLUOR CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | — | — | $224.8m | ($1.5b) | ($435.0m) | ($440.2m) | $145.0m | $139.0m | $2.1b | ($51.0m) | |
| Net Income (Loss) Available to Common Stockholders, Basic | $281.4m | $191.4m | — | — | — | ($464.5m) | $106.0m | $83.0m | $2.1b | ($51.0m) | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $327.4m | $264.5m | $293.0m | ($1.6b) | ($366.8m) | ($401.7m) | $73.0m | $79.0m | $2.1b | ($62.0m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $281.4m | $191.4m | $224.8m | ($1.7b) | ($293.9m) | ($181.7m) | $145.0m | $139.0m | $2.1b | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $327.4m | $264.5m | — | ($1.7b) | ($225.6m) | ($144.2m) | $73.0m | $79.0m | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | $164.6m | ($141.1m) | ($257.6m) | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | $154.1m | ($141.1m) | ($258.4m) | $0 | $0 | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $46.0m | $73.1m | $68.1m | — | ($68.2m) | ($37.0m) | ($72.0m) | ($60.0m) | ($61.0m) | ($11.0m) | |
| Depreciation, Depletion and Amortization | $211.1m | $206.1m | $197.6m | $154.6m | $102.5m | $73.2m | $73.0m | $74.0m | $73.0m | $68.0m | |
| Amortization of Intangible Assets | $14.8m | $19.2m | $19.1m | $15.9m | $3.1m | $1.2m | — | — | — | — | |
| Deferred Income Tax Expense (Benefit) | ($7.9m) | $100.3m | $70.6m | $312.3m | ($5.9m) | ($20.5m) | $17.0m | ($13.0m) | $417.0m | ($602.0m) | |
| Share-based Payment Arrangement, Noncash Expense | $40.1m | $40.7m | $43.0m | $36.1m | $21.9m | $32.0m | $19.0m | $48.0m | $31.0m | $30.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $7.0m | $6.2m | $5.7m | $3.6m | $1.3m | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | — | $169.0m | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | $297.6m | $43.8m | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | ($21.6m) | ($22.7m) | ($22.1m) | $7.3m | ($510k) | ($2.2m) | ($35.0m) | $150.0m | ($14.0m) | $336.0m | |
| Gain (Loss) on Disposition of Property Plant Equipment | $21.6m | $22.7m | $22.1m | ($7.3m) | $510k | $2.2m | $35.0m | ($150.0m) | $14.0m | $7.0m | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | — | — | $2.1b | $210.0m | |
| Income Tax Expense (Benefit) | $219.2m | $122.0m | $188.8m | $441.0m | $18.6m | $16.5m | $171.0m | $236.0m | $634.0m | ($39.0m) | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $46.0m | $42.0m | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($12.2m) | ($2.8m) | ($980k) | ($9.3m) | $3.9m | $7.8m | $15.0m | $9.0m | — | — | |
| Additional Financial Items | |||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | — | — | — | — | $208.0m | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | — | — | — | — | ($419.0m) | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($83.7m) | $0 | ($12.9m) | $25.0m | ($98.0m) | $92.0m | ($62.0m) | |
| General and Administrative Expense | $191.1m | $192.2m | $148.0m | $159.1m | $240.7m | $216.5m | $237.0m | $232.0m | $203.0m | $196.0m | |
| Goodwill | $532.2m | $564.7m | $533.6m | $450.4m | $349.3m | $206.5m | $206.0m | $206.0m | $199.0m | — | |
| Investment Income, Interest | $17.0m | $27.8m | $37.0m | $54.4m | $25.7m | $16.5m | $94.0m | $228.0m | $196.0m | $109.0m | |
| Proceeds from Stock Options Exercised | $3.7m | $9.4m | $7.3m | $1.5m | $0 | — | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $8.0m | — | — | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | ($137.9m) | — | — | $42.0m | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $705.9m | $602.0m | $162.2m | $219.0m | $185.9m | $25.3m | $31.0m | $212.0m | $828.0m | ($387.0m) | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $235.9m | $283.1m | $211.0m | $180.8m | $113.4m | $75.1m | $75.0m | $106.0m | $164.0m | $50.0m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $240.7m | — | $0 | — | — | — | — | — | — | — | |
| Payments for (Proceeds from) Other Investing Activities | ($10.2m) | $3.2m | $329k | $211k | $163k | $9.2m | ($19.0m) | ($8.0m) | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | — | ($484.3m) | $1.4m | $80.5m | ($41.6m) | ($121.9m) | ($78.0m) | ($277.0m) | ($333.0m) | $437.0m | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | $9.7m | $0 | $50.0m | $0 | $0 | — | $0 | $0 | $125.0m | $754.0m | |
| Payments of Ordinary Dividends, Common Stock | $118.0m | $118.0m | $118.7m | $118.1m | $28.7m | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | $9.1m | $6.4m | $5.1m | $64.6m | $110.1m | $201.8m | $21.0m | $10.0m | $0 | $65.0m | |
| Proceeds from (Payments for) Other Financing Activities | ($11.4m) | ($6.4m) | ($5.3m) | $11.9m | ($12.3m) | ($1.4m) | ($10.0m) | ($12.0m) | $0 | ($7.0m) | |
| Net Cash Provided by (Used in) Financing Activities | — | ($215.5m) | ($140.5m) | ($77.3m) | $48.4m | $122.3m | $315.0m | $127.0m | ($116.0m) | ($797.0m) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($53.7m) | $51.4m | ($62.4m) | $10.3m | $8.8m | ($15.1m) | ($38.0m) | $18.0m | ($69.0m) | $53.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($53.7m) | $51.4m | ($62.4m) | $232.5m | $201.6m | $10.6m | $230.0m | $80.0m | $310.0m | ($694.0m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $2.0b | $2.2b | $2.2b | $2.4b | $2.5b | $2.8b | $2.1b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $61.6m | $66.5m | $71.9m | $65.6m | $90.3m | $54.0m | $53.0m | $42.0m | $40.0m | |
| Income Taxes Paid, Net | $164.8m | $175.0m | ($28.4m) | $204.1m | $65.2m | $74.6m | $99.0m | $169.0m | $13.0m | $213.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.