secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2023-02-21T23:59:59+00:00
Accession:  0001628280-23-004134
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000162828023004134/0001628280-23-004134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000162828023004134/flr-20230221.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-004134

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