Recent Updates — FLR
Fluor Corporation reported second quarter 2026 financial results for the period ended June 30, 2026. Revenue increased 9% year-over-year to $4.3 billion, while GAAP net earnings attributable to Fluor were $114 million and adjusted EPS was $0.91. The company secured new awards of $6.1 billion against an ending backlog of $26.9 billion. Management narrowed its full-year 2026 adjusted EBITDA guidance range from $525–$560 million to $500–$525 million, citing the removal of expected contributions from a divested Mexican joint venture. Additionally, Fluor completed the $175 million divestiture of its Mexico JV and returned $300 million to shareholders via stock repurchases during the quarter. Fluor Corporation operates in the engineering, procurement, and construction industry, providing professional and technical solutions for capital projects globally.
On July 30, 2026, Fluor Corporation's Board of Directors voted to increase the board size from ten to eleven members, effective August 4, 2026. The company elected retired U.S. Navy Admiral James F. Caldwell Jr. to fill the new seat. Admiral Caldwell was appointed to both the Audit Committee and Governance Committee and determined to be independent under NYSE standards. He will receive standard non-employee director compensation as outlined in prior filings. Fluor Corporation operates in the engineering, procurement, construction, and project management industry.