---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-005450"
form_type: "8-K"
ticker: "FLR"
cik: "0001124198"
company_name: "FLUOR CORP"
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:43:27.014487+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-24-005450
- form_type: 8-K
- ticker: FLR
- cik: 0001124198
- company_name: FLUOR CORP
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124198/000162828024005450/0001628280-24-005450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124198/000162828024005450/flr-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-005450
- JSON: https://secwatch.observer/filing/0001628280-24-005450.json
- Plain text: https://secwatch.observer/filing/0001628280-24-005450.txt

## Key facts
- Earnings Releases
  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
  source text: Revenue for 2023 was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124198/000162828024005450/0001628280-24-005450-index.htm
- Earnings Releases
  FLUOR CORP reported financial results for the quarter ended December 31, 2023.
  - Period: the quarter ended December 31, 2023
  - Result: reported results
  source text: On February 20, 2024, Fluor Corporation (the “ Company ”) announced its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124198/000162828024005450/0001628280-24-005450-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.