Fluor (FLR)
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-04
$47.61-0.79%
Close 2026-11-04 · 1-day change
NYSEIndustrialsEngineering & ConstructionSnapshot 2026-11-04
QuarterlyIQ Insights · FLR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -23.7% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 15.1% |
Growth built into the price is above our model estimate.
The price assumes 38.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 13 industry peers
FLR — officer change
Dated 2026-08-04
Director — Admiral James F. Caldwell Jr.: The Board elected Admiral James F. Caldwell Jr., U.S. Navy (retired) to fill a new position on the Board.
Why it matters: Q2 awards rose to $6.1B and backlog reached $26.9B. A steady flow of new work can support future revenue.
Supportive ifQ3 results show backlog at or above $26.9B, with new awards at least matching the $4.3B of quarterly revenue.
Worry ifQ3 results show backlog below $26.9B and new awards below the $4.3B of quarterly revenue.
Why it matters: Fluor cut its 2026 range twice, from $525M–$585M. Q3 results will show if earnings stay on track.
Watch forOn November 6, Fluor keeps its 2026 adjusted EBITDA range at $500M–$525M and reports year-to-date results in line with it.
Also watch forOn November 6, Fluor cuts the 2026 range below $500M or reports results that put the range out of reach.
Why it matters: Energy Solutions backlog fell to $3.5B from $5.6B a year earlier. New awards must keep pace with work completed.
Worry ifQ3 Energy Solutions awards are below its $709M of Q2 revenue and backlog falls below $3.5B.
Less concerning ifQ3 Energy Solutions awards match or exceed $709M and backlog stays at or above $3.5B.
Why it matters: Mining and bridge projects drove cost growth in Q1 and Q2. More charges could weaken the profit gains from stronger work levels.
Worry ifQ3 reports a new Urban Solutions project cost charge, or segment profit falls below Q2's $38M.
Less concerning ifQ3 reports no new Urban Solutions project cost charge and segment profit exceeds Q2's $38M.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$180 on $10,000 · ±1.8% | How much price usually moves either way. |
| Bad day | $468 loss on $10,000 · 4.7% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $2,449 loss on $10,000 · 24.5% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Fluor repurchased $816M of shares in the first half. Q3 and Q4 results will show how much remains to reach its target.
Supportive ifFull-year 2026 results show at least $1.4B in share repurchases.
Worry ifFull-year 2026 results show less than $1.4B in share repurchases, or Fluor lowers its target.