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Fluor FLR Mission Solutions — Depreciation

Other segment segments

Energy Solutions
$29M+20.8%
Urban Solutions
$27M0.0%
Corporate
$4M-55.6%
Other
$0-100%

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Other financials

Income statement

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Revenue$3.7B-8.0%
Gross profit$13.0M-90.7%
Operating income$92.0M+1.1%
Net income$160.0M+166%
EPS (diluted)$1.08+176%

Balance sheet

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Cash & equivalents$3.2B+31.0%
Total debt$1.1B-1.5%
Total equity$2.9B-20.0%
Total assets$7.9B-6.0%

Cash flow

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Operating cash flow$110.0M+138%
CapEx$11.0M0.0%
Free cash flow$99.0M+133%

Valuation

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Market cap$7.04B-0.8%
Enterprise value$4.93B-17.9%
P/E20.1×+18.4×
P/S0.5×0.0×

Profitability

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Gross margin-0.3%-3.0pp
Operating margin-1.6%
Net margin2.3%-8.8pp
FCF margin1.5%-0.6pp

Returns & leverage

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Return on equity10.8%-55.8pp
Debt / equity0.4×+0.1×
Current ratio1.8×0.0×

Where this comes from

Reported directly by Fluor in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

The source filing: Fluor’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 7:06 AM EST
Fiscal year
FY2025
Accession
0001124198-26-000007
(in millions)Year Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Depreciation (all but Corporate included in segment profit)
Urban Solutions$27$27$10
Energy Solutions2924
Mission Solutions853
Other819
Corporate4942
Total depreciation$68$73$74
Capital expenditures

Item 16. Form 10-K Summary

FAQ

What is Fluor's mission solutions — depreciation?
Fluor (FLR) reported mission solutions — depreciation of $2M in Q4 2025.
How has Fluor's mission solutions — depreciation changed year-over-year?
Fluor's mission solutions — depreciation increased by 60.0% year-over-year, from $1.25M to $2M.
What is the long-term trend for Fluor's mission solutions — depreciation?
Over 4 years (2021 to 2025), Fluor's mission solutions — depreciation has grown at a 18.9% compound annual growth rate (CAGR), from $4M to $8M.
What does mission solutions — depreciation mean?
This represents the systematic allocation of the cost of tangible assets used by the government services segment over their useful lives. It reflects the wear and tear of equipment and infrastructure utilized in project delivery. This non-cash expense is essential for calculating the true economic cost of maintaining the segment's operational capacity.

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