Fluor (FLR) FY2022 results: revenue $13.7 billion, down 2.9% on the year
Fluor Corp. (FLR) reported revenue of $13.7 billion for fiscal 2022, the year ended 31 December 2022, down 2.9% on the year before. Net income was $145 million, and diluted earnings per share $0.73. The figures are the company's own, from the 10-K it filed with the SEC on 21 February 2023.
Revenue
$13.7 billion
-2.9% on the year
FY2015FY2022
Operating margin
1.5%
-1.9% a year earlier
FY2015FY2022
Net income
$145 million
FY2015FY2022
Diluted EPS
$0.73
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
31.0
25.0
186
+24.0%
Capital expenditure
75.0
75.1
113
-0.1%
Free cash flow
-44.0
-50.1
72.9
Free cash flow margin
-0.3%
-0.4%
0.5%
Cash from investing
-78.0
-122
-41.0
Cash from financing
315
122
48.0
+158.2%
Depreciation and amortisation
73.0
74.0
105
-1.4%
Share-based compensation
19.0
32.0
22.0
-40.6%
Buybacks
0.0
n/a
0.0
Dividends paid
n/a
n/a
28.7
Dividend per share
n/a
$16.25
$0.10
Diluted shares, weighted
145m
141m
141m
+2.6%
Shares outstanding at period end
142m
141m
141m
+0.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
1,786
1,392
1,030
+28.3%
Non-controlling interest
210
174
233
+20.5%
Redeemable equity
n/a
0.0
n/a
Short-term borrowings
n/a
n/a
4.9
Debt
1,130
1,192
1,701
-5.2%
Other liabilities
3,701
4,330
4,341
-14.5%
Total liabilities and equity
6,827
7,089
7,310
-3.7%
Fixed assets
447
456
464
-2.0%
Goodwill
206
249
207
-17.3%
Intangible assets
n/a
n/a
77.6
Investments
185
644
551
-71.3%
Cash and equivalents
2,439
2,209
2,199
+10.4%
Other assets
3,550
3,530
3,812
+0.6%
Total assets
6,827
7,089
7,310
-3.7%
10-K for the year ended 31 December 2022, filed 21 February 2023: the filing.