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FLUOR (FLR)

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Recent press releases and 8-K filings for FLR.

Orbia Announces Fourth Quarter and Full-Year 2025 Financial Results
FLR
Earnings
Guidance Update
Demand Weakening
  • Orbia reported full-year 2025 net revenues of $7,619 million, an increase of 2%, and EBITDA of $1,020 million, a decrease of 7% compared to 2024, resulting in a net majority loss of $457 million.
  • For the fourth quarter of 2025, net revenues were $1,875 million, up 5%, and EBITDA was $227 million, up 2% compared to Q4 2024.
  • The company generated operating cash flow of $645 million and free cash flow of $111 million for the full year 2025.
  • Orbia anticipates full-year 2026 EBITDA in the range of $1,100 million – $1,200 million, with capital expenditures expected to be approximately $400 million.
3 days ago
Fluor Announces Q4 and Full Year 2025 Results
FLR
Earnings
Share Buyback
Guidance Update
  • Fluor reported $15.5 billion in revenue for fiscal year 2025, with a net loss attributable to Fluor of $(51) million and adjusted EPS of $2.19.
  • The company completed $754 million in share repurchases in 2025, reducing share float by 11%, and has planned $1.4 billion in repurchases for 2026, including $400 million already executed in January-February.
  • Fluor generated nearly $2 billion from NuScale monetization proceeds through February 13, 2026, with the full monetization anticipated by Q2 2026.
  • For fiscal year 2026, Fluor provided guidance for Adjusted EBITDA between $525 million and $585 million and approximately $300 million in operating cash flow, expecting new awards book-to-burn in excess of 1.
Feb 17, 2026, 1:30 PM
Fluor Reports Q4 2025 Results and Provides 2026 Outlook
FLR
Earnings
Guidance Update
Share Buyback
  • Fluor reported a consolidated segment loss of $109 million for 2025, with adjusted EBITDA of $504 million and adjusted EPS of $2.19. Operating cash flow was negative $387 million, primarily due to a $642 million payment related to Santos.
  • For 2026, the company projects adjusted EBITDA between $525 million and $585 million and adjusted EPS in the range of $2.60-$3.00. Operating cash flow is expected to be approximately $300 million, excluding a $400 million tax bill from NuScale monetization.
  • New awards for 2025 reached $12 billion, contributing to an ending backlog of $25.5 billion. Fluor anticipates significantly higher new awards in 2026 with a Book-to-Burn Ratio exceeding one.
  • In 2025, Fluor executed $754 million in share repurchases and received $2 billion from NuScale monetization. The company plans approximately $1.4 billion in share repurchases for 2026 and expects to complete NuScale monetization by Q2.
Feb 17, 2026, 1:30 PM
Fluor Reports Q4 2025 Results and Provides 2026 Outlook
FLR
Earnings
Guidance Update
Share Buyback
  • Fluor reported a consolidated segment loss of $109 million and adjusted EBITDA of $504 million for 2025, with adjusted EPS at $2.19. Operating cash flow was negative $387 million, largely due to a $642 million payment to Santos.
  • For 2026, the company forecasts adjusted EBITDA between $525 million and $585 million and adjusted EPS in the range of $2.60 to $3.00. New awards are expected to be significantly higher than in 2025, with a Book-to-Burn Ratio exceeding 1.
  • The company executed $754 million in share repurchases in 2025 and plans an additional $1.4 billion for 2026. Fluor also monetized its NuScale investment, receiving $2 billion since September 2025, with further proceeds anticipated in Q2 2026.
  • Fluor's backlog ended 2025 at $25.5 billion, with 81% reimbursable, and 50%-60% of this backlog is expected to convert to revenue in the next 12 months.
Feb 17, 2026, 1:30 PM
Fluor Announces Q4 and Full Year 2025 Results and 2026 Outlook
FLR
Earnings
Guidance Update
Share Buyback
  • Fluor reported $12 billion in new awards and ended 2025 with a backlog of $25.5 billion. The company anticipates significantly higher new awards in 2026, with a Book-to-Burn Ratio in excess of 1.
  • For full year 2025, Fluor's adjusted EBITDA was $504 million and adjusted EPS was $2.19. Segment results included a $205 million profit for Urban Solutions, a $414 million loss for Energy Solutions (impacted by the Santos ruling), and a $94 million profit for Mission Solutions.
  • The company issued 2026 guidance, projecting adjusted EBITDA between $525 million and $585 million and adjusted EPS between $2.60 and $3.00.
  • Fluor plans approximately $1.4 billion in share repurchases for 2026 and expects to conclude its NuScale monetization efforts in Q2 2026, having already received $2 billion since September 2025. Operating cash flow for 2025 was negative $387 million, largely due to a $642 million payment to Santos.
Feb 17, 2026, 1:30 PM
Fluor Corporation Announces Fourth Quarter and Full Year 2025 Results
FLR
Earnings
Guidance Update
Share Buyback
  • Fluor Corporation reported full year 2025 revenue of $15.5 billion, a GAAP net loss attributable to Fluor of $51 million, adjusted EBITDA of $504 million, and adjusted EPS of $2.19.
  • For the fourth quarter of 2025, the company reported a net loss attributable to Fluor of $1.6 billion (or ($9.87) per diluted share) and adjusted EPS of $0.33.
  • Full year new awards totaled $12.0 billion and the ending backlog was $25.5 billion as of December 31, 2025.
  • The company expended $754 million in 2025 to repurchase 18 million shares and plans $1.4 billion for 2026; it also received $605 million in 2025 and an additional $1.35 billion in Q1 2026 for NuScale share sales.
  • Fluor is establishing adjusted EBITDA guidance for 2026 of $525 million to $585 million.
Feb 17, 2026, 12:01 PM
Fluor Completes NuScale Share Sale and Expands Share Repurchase Program
FLR
Share Buyback
M&A
  • Fluor sold 71 million shares of NuScale Power Corporation, generating $1.35 billion in gross sales proceeds.
  • The company plans to monetize its remaining 40 million NuScale shares by the second quarter of 2026, with total proceeds from NuScale sales reaching nearly $2 billion to date.
  • From the beginning of the fourth quarter of 2025 through February 13, 2026, Fluor repurchased nearly 17 million shares of its common stock, deploying over $700 million.
  • Fluor's Board of Directors approved an increase of 30 million shares for its share repurchase program, leaving approximately 32.4 million shares currently available for repurchase.
Feb 17, 2026, 11:52 AM
Fluor Reports Fourth Quarter and Full Year 2025 Results
FLR
Earnings
Guidance Update
Share Buyback
  • Fluor reported full year 2025 revenue of $15.5 billion, adjusted EBITDA of $504 million, and adjusted EPS of $2.19, alongside a GAAP net loss of $51 million.
  • The fourth quarter of 2025 saw a net loss of $1.6 billion, or ($9.87) per diluted share, largely due to a $2 billion reduction in the valuation of its NuScale investment.
  • The company executed $754 million in share repurchases in 2025 and plans $1.4 billion for 2026. It also received $605 million from NuScale share sales in 2025 and an additional $1.35 billion in Q1 2026, with full monetization expected by the end of Q2 2026.
  • New awards for 2025 totaled $12.0 billion, contributing to an ending backlog of $25.5 billion.
  • Fluor provided adjusted EBITDA guidance for 2026 ranging from $525 million to $585 million.
Feb 17, 2026, 11:50 AM
Fluor Awarded Multi-Year Contract for Uranium Enrichment Plant Expansion
FLR
New Projects/Investments
Revenue Acceleration/Inflection
  • Fluor Corporation has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC, to serve as the integrated engineering, procurement, and construction (EPC) partner.
  • The contract involves expanding Centrus’ low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment facility in Piketon, Ohio.
  • Fluor's role includes leading engineering and design, managing supply chain and procurement, overseeing construction, and supporting the commissioning of the new capacity.
  • This project is part of a multi-billion dollar public and private investment plan to add thousands of centrifuges, aiming to re-establish domestic uranium enrichment capability and create over 1,300 Ohio jobs.
  • The expansion will establish Centrus as a leading LEU provider and expand HALEU production, which is crucial for powering a new generation of advanced reactors and supporting national security.
Feb 11, 2026, 9:30 PM
USA Rare Earth Secures Government Funding and Private Investment
FLR
New Projects/Investments
Debt Issuance
  • USA Rare Earth (USAR) announced a non-binding Letter of Intent (LOI) with the U.S. Department of Commerce’s CHIPS Program for $1.6 billion in proposed funding, which includes $277 million in federal funding and a $1.3 billion senior secured loan.
  • Concurrently, USAR raised $1.5 billion through a common stock PIPE transaction, anchored by Inflection Point, involving the issuance of 69.8 million shares at $21.50 per share.
  • This combined $3.1 billion capital is expected to accelerate USAR’s growth objectives across mining, processing, metal-making, and magnet manufacturing, aiming to establish the largest domestic heavy rare earth, critical mineral, metal, and magnet production by 2030.
  • Key targets by 2030 include extracting 40,000 metric tons per day from the Round Top deposit (with commercial production expected to begin in 2028) and increasing neodymium-iron-boron (NdFeB) magnet-making capacity to 10,000 tpa.
Jan 26, 2026, 12:01 PM