secwatch.observer — SEC 8-K summary
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Issuer:     FLUOR CORP (FLR)
CIK:        0001124198
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001628280-25-005922
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fluor FY2024 adjusted EPS $2.32, OCF $828M, reimbursable backlog 79%
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- Revenue $16.3B, net income $2.1B, diluted EPS $12.30 including $1.6B gain from deconsolidation of NuScale.
- Adjusted EBITDA $530M; adjusted diluted EPS $2.32 for FY2024.
- New awards $15.1B (85% reimbursable); backlog $28.5B (79% reimbursable).
- Operating cash flow $828M (highest since 2015); Q4 share repurchases $125M; $300M planned for 2025.
- Recorded $116M provision for jury verdict against JV; company evaluating options to eliminate most or all.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124198/000162828025005922/0001628280-25-005922-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124198/000162828025005922/flr-20250218.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005922

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