Fluor reports 2022 revenue $13.7B, net income $145M; new awards double to $19.8B

FLUOR CORP

2024-FY EPS reported $0.73 revenue$13,744,000,000

Revenue $13.7B; net income $145M ($0.73 diluted EPS); adjusted EPS $0.82.
Full year new awards $19.8B (up from $10.0B); backlog $26.0B (+25% YoY).
Initial 2023 adjusted EBITDA guidance $450-600M; cash & securities $2.6B.
87% of new awards and 63% of backlog are reimbursable; debt under $1B.
Average tax rate 70% due to global earnings mix; retired 2023 Euro Notes.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FLUOR CORP reported the year ended December 31, 2022 results: revenue $13.7 billion, net income $145 million, EPS $0.73 per diluted share. Guidance initiated.

Period: the year ended December 31, 2022
Revenue: $13.7 billion
Net income: $145 million
EPS: $0.73 per diluted share
Guidance: initiated
Result: reported results

Exact text from the filing

Revenue for 2022 was $13.7 billion and net income from continuing operations attributable to Fluor was $145 million, or $0.73 per diluted share.

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Source: SEC EDGAR

accession 0001628280-23-004134

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