Fluor reports FY2023 revenue $15.5B, net income $139M; backlog up 13% to $29.4B

FLUOR CORP

2024-FY EPS reported $0.54 revenue$15,474,000,000

Full-year adjusted EBITDA $613M, adjusted diluted EPS $2.73; net income $139M ($0.54 diluted).
New awards of $19.5B with 87% reimbursable; backlog $29.4B, up 10%+ second consecutive year.
Ended 2023 with $2.5B cash & marketable securities; revamped capital structure lowers interest expense.
Prospect pipeline 15x ending backlog across all three segments; anticipates improved cash conversion in 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

FLUOR CORP reported the year ended December 31, 2023 results: revenue $15.5 billion, net income $139 million, EPS $0.54 per diluted share.

Period: the year ended December 31, 2023
Revenue: $15.5 billion
Net income: $139 million
EPS: $0.54 per diluted share
Result: reported results

Exact text from the filing

Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.7

FLUOR CORP reported financial results for the quarter ended December 31, 2023.

Period: the quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 20, 2024, Fluor Corporation (the “ Company ”) announced its financial results for the quarter and year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001628280-24-005450

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